Vivakor Management
Management criteria checks 0/4
Vivakor's CEO is James Ballengee, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is $1.08M, comprised of 92.9% salary and 7.1% bonuses, including company stock and options. directly owns 40.39% of the company’s shares, worth $21.46M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
James Ballengee
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 92.9% |
| CEO tenure | 2.1yrs |
| CEO ownership | 40.4% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$11m |
| Jun 30 2024 | n/a | n/a | -US$12m |
| Mar 31 2024 | n/a | n/a | -US$10m |
| Dec 31 2023 | US$1m | US$1m | -US$11m |
| Sep 30 2023 | n/a | n/a | -US$19m |
| Jun 30 2023 | n/a | n/a | -US$18m |
| Mar 31 2023 | n/a | n/a | -US$21m |
| Dec 31 2022 | US$1m | US$178k | -US$19m |
Compensation vs Market: James's total compensation ($USD1.08M) is above average for companies of similar size in the US market ($USD646.00K).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
CEO
James Ballengee (58 yo)
2.1yrs
Tenure
US$1,076,923
Compensation
Mr. James H. Ballengee is Owner of Jamex, LLC. He serves as Chief Executive Officer and Chairman at Vivakor, Inc. since October 28, 2022 and serves as its President since August 2024. He combines experienc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | US$1.08m | 40.39% $ 21.5m | |
| CFO, Secretary & Director | 10.8yrs | US$1.11m | no data | |
| Executive Vice President of Operations & Construction | 1.8yrs | US$250.00k | 0.037% $ 19.4k | |
| Executive Vice President and Chief Operating Officer | less than a year | no data | no data | |
| President of Logistics Division | less than a year | no data | no data | |
| President of Acquisitions | no data | no data | no data |
1.8yrs
Average Tenure
48yo
Average Age
Experienced Management: VIVK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.1yrs | US$1.08m | 40.39% $ 21.5m | |
| CFO, Secretary & Director | 1.8yrs | US$1.11m | no data | |
| Independent Director | 1.8yrs | US$163.39k | 0.31% $ 163.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | US$166.85k | 0.31% $ 163.7k | |
| Member of Advisory Board | 8.7yrs | no data | no data | |
| Member of Advisory Board | 5.7yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
1.8yrs
Average Tenure
54yo
Average Age
Experienced Board: VIVK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.