Greenfire Resources Management
Management criteria checks 2/4
Greenfire Resources' CEO is Robert Logan, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CA$778.30K, comprised of 56.1% salary and 43.9% bonuses, including company stock and options. directly owns 4.99% of the company’s shares, worth $26.88M. The average tenure of the management team and the board of directors is 0.8 years and 1.2 years respectively.
Key information
Robert Logan
Chief executive officer
CA$778.3k
Total compensation
| CEO salary percentage | 56.1% |
| CEO tenure | 1.9yrs |
| CEO ownership | 5.0% |
| Management average tenure | less than a year |
| Board average tenure | 1.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$38m |
| Jun 30 2024 | n/a | n/a | -CA$159m |
| Mar 31 2024 | n/a | n/a | -CA$166m |
| Dec 31 2023 | CA$778k | CA$437k | -CA$136m |
| Sep 30 2023 | n/a | n/a | -CA$62m |
| Jun 30 2023 | n/a | n/a | CA$188m |
| Mar 31 2023 | n/a | n/a | CA$143m |
| Dec 31 2022 | CA$3m | CA$416k | CA$132m |
Compensation vs Market: Robert's total compensation ($USD556.82K) is below average for companies of similar size in the US market ($USD2.18M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Logan (43 yo)
1.9yrs
Tenure
CA$778,297
Compensation
Mr. Robert B. Logan, MPBE, P.Eng.,PE is President, Chief Executive Officer and Director of Greenfire Resources Operating Corporation. He is President & Chief Executive Officer of Greenfire Oil and Gas Ltd....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | CA$778.30k | 4.99% $ 26.9m | |
| Chief Financial Officer | 1.1yrs | CA$716.92k | 0.024% $ 128.7k | |
| Senior Vice President of Operations & Steam Chief | no data | CA$914.39k | 0.39% $ 2.1m | |
| Senior Vice President of Engineering | no data | CA$717.19k | 0.53% $ 2.8m | |
| Vice President of Operations & Projects | no data | CA$620.38k | no data | |
| Chief Operating Officer | less than a year | no data | 0.015% $ 78.4k | |
| Senior Vice President of Commercial | less than a year | no data | 0.13% $ 714.5k | |
| Corporate Secretary | less than a year | no data | no data |
0.8yrs
Average Tenure
48yo
Average Age
Experienced Management: GFR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | CA$778.30k | 4.99% $ 26.9m | |
| Independent Director | 1.2yrs | CA$264.52k | 1.09% $ 5.9m | |
| Independent Director | 1.2yrs | CA$42.61k | no data | |
| Interim Independent Chairman | 1.2yrs | CA$74.10k | no data |
1.2yrs
Average Tenure
43yo
Average Age
Experienced Board: GFR's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.