Forum Energy Technologies Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Neal Lux
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 13.79% |
| CEO tenure | 4yrs |
| CEO ownership | 1.9% |
| Management average tenure | 4.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
The Future Of Forum Energy Technologies Looks Much Brighter Than Its Past
Dec 04Is Forum Energy Technologies (NYSE:FET) Using Too Much Debt?
Oct 24
Revenues Not Telling The Story For Forum Energy Technologies, Inc. (NYSE:FET) After Shares Rise 27%
Aug 26Forum Energy Technologies, Inc. (NYSE:FET) Stock Rockets 29% But Many Are Still Ignoring The Company
Jun 18Some Forum Energy Technologies, Inc. (NYSE:FET) Shareholders Look For Exit As Shares Take 27% Pounding
May 01Oil Bulls Should Pay Close Attention To Forum Energy Technologies
Apr 19Forum Energy Technologies, Inc.'s (NYSE:FET) Shareholders Might Be Looking For Exit
Mar 17Forum Energy Technologies: A Stock Buying Back 40% Of Its Market Cap
Jan 08Here's Why Forum Energy Technologies (NYSE:FET) Has A Meaningful Debt Burden
Jul 17Forum Energy Technologies: Valuation Concerns Before The Potential Recovery
May 15Forum Energy Technologies: Recent Acquisition Can Change Its Trajectory Despite The Challenges
Dec 05Forum Energy Technologies (NYSE:FET) Takes On Some Risk With Its Use Of Debt
Nov 07Forum Energy Strives To Bounce Back From The Current Headwinds (Rating Downgrade)
Sep 21These 4 Measures Indicate That Forum Energy Technologies (NYSE:FET) Is Using Debt Extensively
Jun 24Forum Energy Shares Encouraging Scenarios
Jun 06Forum Energy Technologies' (NYSE:FET) Solid Profits Have Weak Fundamentals
Mar 02Forum Energy Non-GAAP EPS of -$0.45, revenue of $191M; issues FY23 EBITDA guidance
Feb 21Forum Energy Technologies to convert notes due 2025 into shares
Dec 29Forum Energy GAAP EPS of $1.82, revenue of $181.8M
Nov 08Does Forum Energy Technologies (NYSE:FET) Have A Healthy Balance Sheet?
Oct 27Forum Energy: Consumables Demand, Booking Growth Can Accelerate Returns
Sep 14Forum Energy reports Q2 earnings; raises FY22 guidance and issues Q3 outlook
Aug 05Forum Energy Technologies: Completions Segment Demand And International Contracts Hold It Steady
Jul 08Forum Energy Technologies: Operating Leverage
Apr 08Forum Energy Technologies: Steady Order Book Builds The Pillar
Jan 18Forum Energy Technologies Is Already On The Move
Jul 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | -US$115m |
| Jun 30 2025 | n/a | n/a | -US$109m |
| Mar 31 2025 | n/a | n/a | -US$124m |
| Dec 31 2024 | US$5m | US$696k | -US$135m |
| Sep 30 2024 | n/a | n/a | -US$49m |
| Jun 30 2024 | n/a | n/a | -US$26m |
| Mar 31 2024 | n/a | n/a | -US$26m |
| Dec 31 2023 | US$4m | US$663k | -US$19m |
| Sep 30 2023 | n/a | n/a | -US$15m |
| Jun 30 2023 | n/a | n/a | -US$6m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$4m | US$564k | US$4m |
| Sep 30 2022 | n/a | n/a | -US$3m |
| Jun 30 2022 | n/a | n/a | -US$31m |
| Mar 31 2022 | n/a | n/a | -US$62m |
| Dec 31 2021 | US$1m | US$371k | -US$83m |
Compensation vs Market: Neal's total compensation ($USD5.05M) is above average for companies of similar size in the US market ($USD2.25M).
Compensation vs Earnings: Neal's compensation has increased whilst the company is unprofitable.
CEO
Neal Lux (50 yo)
Mr. Neal A. Lux serves as Chief Executive Officer, President and Director at Forum Energy Technologies, Inc since February 18, 2022. Mr. Lux had been Executive Vice President and Chief Operating Officer of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$5.05m | 1.9% $ 9.9m | |
| Executive VP & CFO | 5.6yrs | US$2.54m | 0.78% $ 4.0m | |
| Executive VP | 8yrs | US$1.80m | 0.54% $ 2.8m | |
| Senior VP & Chief Accounting Officer | 3.4yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 11yrs | US$1.07m | 0.36% $ 1.8m | |
| Senior Vice President of Operations | 2yrs | no data | 0.082% $ 423.9k | |
| Senior Vice President of Operations | 2yrs | no data | 0.10% $ 537.3k | |
| VP of Finance & Treasurer | 6.5yrs | no data | no data |
Experienced Management: FET's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$5.05m | 1.9% $ 9.9m | |
| Lead Independent Director & Non-Executive Chairman of the Board | 15.4yrs | US$247.51k | 0.17% $ 864.1k | |
| Independent Director | 14.1yrs | US$235.01k | 0.14% $ 736.6k | |
| Independent Director | 4.3yrs | US$237.51k | 0.13% $ 663.1k | |
| Independent Director | 14.6yrs | US$240.01k | 0.57% $ 3.0m | |
| Independent Director | 15yrs | US$245.01k | 0.16% $ 852.5k | |
| Director | less than a year | no data | 0.034% $ 176.1k | |
| Director | less than a year | no data | 0.034% $ 176.1k | |
| Director | less than a year | US$101.89k | 0.070% $ 365.8k |
Experienced Board: FET's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/03 23:02 |
| End of Day Share Price | 2026/02/03 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Forum Energy Technologies, Inc. is covered by 27 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Leben | Baird |
| J. David Anderson | Barclays |
| Chase Mulvehill | BofA Global Research |