CrossAmerica Partners Management
Management criteria checks 4/4
CrossAmerica Partners' CEO is Charles Nifong, appointed in Nov 2019, has a tenure of 4.42 years. total yearly compensation is $1.21M, comprised of 41.2% salary and 58.8% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $1.27M. The average tenure of the management team and the board of directors is 3.8 years and 4.4 years respectively.
Key information
Charles Nifong
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 41.2% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CrossAmerica Partners' Lofty Distribution Looks Sustainable
Mar 17CrossAmerica Partners: 9% Yield, >85% ROE Helped By Capital Structure
Nov 22CrossAmerica Partners: Purely Dividend Play For Income-Seeking Investors
Sep 02CrossAmerica Partners: 10% Payback At The Gas Pump
Jun 18CrossAmerica Partners LP: 9% Yield At The Pump
Feb 19CrossAmerica Partners goes ex dividend tomorrow
Feb 01CrossAmerica Partners: Good Fortunes Came To The Rescue
Nov 10CrossAmerica Partners declares $0.525 dividend
Oct 20CrossAmerica Partners: Record Margins, Still Skating On Very Thin Ice
Aug 31CrossAmerica Partners goes ex dividend tomorrow
Aug 01CrossAmerica Partners: Distribution Reduction Is Still Likely Despite The Extraordinary Times
Jun 19CrossAmerica Partners: 2022 Shaping Up To Be Make Or Break For This 10%+ Yield
Mar 21CrossAmerica Partners: Unsustainably High Yield Masks An Unattractive Valuation
Aug 26CrossAmerica Partners: One More Bad Quarter And Say Goodbye To Your Distributions
Jun 09CrossAmerica Partners goes ex-dividend on Monday
Jan 29CrossAmerica Partners: Distributions Still Risky Despite A Strong Quarter
Nov 11CrossAmerica Partners LP 2020 Q3 - Results - Earnings Call Presentation
Nov 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$500k | US$40m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$56m |
| Mar 31 2023 | n/a | n/a | US$55m |
| Dec 31 2022 | US$1m | US$500k | US$62m |
| Sep 30 2022 | n/a | n/a | US$57m |
| Jun 30 2022 | n/a | n/a | US$39m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$1m | US$500k | US$22m |
| Sep 30 2021 | n/a | n/a | US$19m |
| Jun 30 2021 | n/a | n/a | US$31m |
| Mar 31 2021 | n/a | n/a | US$31m |
| Dec 31 2020 | US$1m | US$529k | US$107m |
Compensation vs Market: Charles's total compensation ($USD1.21M) is below average for companies of similar size in the US market ($USD3.47M).
Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.
CEO
Charles Nifong (49 yo)
4.4yrs
Tenure
US$1,214,385
Compensation
Mr. Charles M. Nifong, Jr., has been the Chief Executive Officer, President and Director of CrossAmerica GP LLC, a general partner of CrossAmerica Partners LP since November 19, 2019 and served as its Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.4yrs | US$1.21m | 0.15% $ 1.3m | |
| Executive Vice President of Operations | 2.3yrs | US$568.31k | 0.041% $ 354.1k | |
| CFO & Director of CrossAmerica GP LLC | 2.7yrs | US$566.89k | 0.043% $ 370.6k | |
| General Counsel | 4.2yrs | US$537.44k | 0.053% $ 457.7k | |
| Executive Vice President of CrossAmerica GP LLC | 4.2yrs | US$386.36k | 0.13% $ 1.1m | |
| Chief Accounting Officer of Cross America GP LLC | 3.4yrs | US$252.51k | 0.012% $ 100.7k |
3.8yrs
Average Tenure
48yo
Average Age
Experienced Management: CAPL's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.4yrs | US$1.21m | 0.15% $ 1.3m | |
| CFO & Director of CrossAmerica GP LLC | 4.4yrs | US$566.89k | 0.043% $ 370.6k | |
| General Counsel | 4.4yrs | US$537.44k | 0.053% $ 457.7k | |
| Independent Director of CrossAmerica GP LLC | 1.2yrs | US$130.55k | 0.0052% $ 44.8k | |
| Chairman of CrossAmerica GP LLC | 11.5yrs | US$139.61k | 28.68% $ 247.3m | |
| Independent Director of CrossAmerica GP LLC | 6.8yrs | US$150.61k | 0.064% $ 548.8k | |
| Independent Director of CrossAmerica GP LLC | 9.5yrs | US$150.61k | 0.077% $ 666.5k | |
| Vice Chairman of the Board - CrossAmerica GP LLC | 11.9yrs | US$138.61k | 0.071% $ 608.3k | |
| Independent Director of CrossAmerica GP LLC | 4.4yrs | US$145.61k | 0.045% $ 388.9k |
4.4yrs
Average Tenure
62yo
Average Age
Experienced Board: CAPL's board of directors are considered experienced (4.4 years average tenure).