California Resources Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Francisco Leon
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Why We Like The Returns At California Resources (NYSE:CRC)
Feb 01
California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks
Jan 02California Resources: The Future Of Oil Is In California
Nov 07The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested
Nov 02California Resources Corporation: Making Moves And Delivering Value
Oct 11We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease
Sep 18California Resources: Carbon Capture And Potential Separation From Oil Production
Sep 13California Resources (NYSE:CRC) Is Very Good At Capital Allocation
Jul 22With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case
Jun 16California Resources Corporation: Despite State Challenges, FCF Remains Strong
Jun 10How To Short Stocks; Bitcoin Miners, Energy Picks And A High Conviction Play With Kirk Spano And CashFlow Hunter
May 23California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
May 19California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825
May 05Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%
May 04California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825
Mar 02California Resources declares $0.2825 dividend
Feb 24California Resources (NYSE:CRC) Is Doing The Right Things To Multiply Its Share Price
Feb 05Earnings Working Against California Resources Corporation's (NYSE:CRC) Share Price
Jan 09California Resources (NYSE:CRC) Posted Weak Earnings But There Is More To Worry About
Nov 17California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
Nov 16California Resources lifts dividend by 66% to $0.2825/share, boosts share buyback plan by $200M
Nov 03Calculating The Intrinsic Value Of California Resources Corporation (NYSE:CRC)
Oct 27California Resources: Taking Stock Of California Regulatory Changes
Oct 25California Resources GAAP EPS of $0.16, revenue of $220.6M
Aug 03California Resources: Hedging Strategy To Change
Jun 14Finally A Viable Strategy For California Resources
Jan 17California Resources Corporation Is An Interesting Investment Post Bankruptcy
Dec 06California Resources: The Environmental Energy Play
Oct 05California Resources (CRC) Investor Presentation - Slideshow
Jun 16California Resources (CRC) Presents At Wells Fargo Energy Conference - Slideshow
Jun 04California Resources announces private offering of $600M senior unsecured notes
Jan 13California Resources CEO to step down at year-end
Dec 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$10m | US$709k | US$564m |
| Sep 30 2023 | n/a | n/a | US$459m |
| Jun 30 2023 | n/a | n/a | US$907m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$1m | US$500k | US$524m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$832m |
| Mar 31 2022 | n/a | n/a | US$531m |
| Dec 31 2021 | US$5m | US$491k | US$612m |
| Sep 30 2021 | n/a | n/a | US$4b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$363k | US$2b |
Compensation vs Market: Francisco's total compensation ($USD10.19M) is above average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Francisco's compensation has increased by more than 20% in the past year.
CEO
Francisco Leon (46 yo)
less than a year
Tenure
US$10,185,668
Compensation
Mr. Francisco J. Leon served as an Executive Vice President and Chief Financial Officer at California Resources Corporation since August 14, 2020 until April 28, 2023 and served as its Executive Vice Presi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$10.19m | 0.13% $ 5.0m | |
| Executive VP & CFO | less than a year | US$3.43m | no data | |
| Executive VP | 10.3yrs | US$5.76m | 0.12% $ 4.6m | |
| Executive VP & Chief Commercial Officer | 2.9yrs | US$5.43m | 0.11% $ 4.2m | |
| Executive VP & Chief Sustainability Officer | 2.8yrs | US$5.49m | 0.065% $ 2.5m | |
| Executive Vice President of Operations | less than a year | no data | 0.018% $ 677.9k | |
| Senior VP | 3yrs | no data | 0.027% $ 1.0m | |
| Vice President of Investor Relations | 3.3yrs | no data | no data | |
| Director of Communications | 3.3yrs | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Executive Advisor | no data | US$1.67m | no data |
2.9yrs
Average Tenure
53yo
Average Age
Experienced Management: CRC's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$10.19m | 0.13% $ 5.0m | |
| Lead Independent Director | 3.5yrs | US$433.95k | no data | |
| Independent Director | 3.5yrs | US$404.54k | no data | |
| Independent Chair of the Board | 3.5yrs | US$597.16k | 0.015% $ 552.5k | |
| Non-Executive Director | 3.5yrs | US$914.70k | 0.46% $ 17.3m | |
| Independent Director | 2.3yrs | US$370.68k | no data | |
| Independent Director | 3.5yrs | US$420.97k | 0.013% $ 507.3k | |
| Independent Director | 2.7yrs | US$355.68k | no data | |
| Independent Director | 2.9yrs | US$382.48k | 0.0011% $ 41.0k |
3.5yrs
Average Tenure
54yo
Average Age
Experienced Board: CRC's board of directors are considered experienced (3.5 years average tenure).