Hess Management
Management criteria checks 3/4
Hess' CEO is John Hess, appointed in May 1995, has a tenure of 29.58 years. total yearly compensation is $16.75M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 6.73% of the company’s shares, worth $2.65B. The average tenure of the management team and the board of directors is 10.6 years and 11.1 years respectively.
Key information
John Hess
Chief executive officer
US$16.8m
Total compensation
| CEO salary percentage | 9.0% |
| CEO tenure | 29.6yrs |
| CEO ownership | 6.7% |
| Management average tenure | 10.6yrs |
| Board average tenure | 11.1yrs |
Recent management updates
Recent updates
Hess Corporation: All Avenues Lead To Guyana
Nov 21Hess Corporation: Time Value Clock Is Ticking While Management Remains Silent
Oct 07Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet
Oct 01
Hess Corporation: Manifesting The Time Value Of Money
Aug 01Hess Chevron Merger - Detailed Insight Into The ICC Arbitration Process And Its Impact
Jun 24Hess' (NYSE:HES) Dividend Will Be $0.4375
May 29Hess Corporation: An Attractive Risk/Reward Prospect On Merger Drama (Rating Upgrade)
May 25Hess Corporation: What Has Changed
May 16Hess Corporation And An Acquisition That Might Not Close
Apr 14Hess: Why No Acquisition Premium Is Already A Premium
Feb 13The Hess Merger Is Likely Going Through, Why Buying The Stock Still Makes Sense
Dec 29Hess-Chevron: How We Are Playing The Deal With Venezuela Laying Claim To Stabroek Block
Dec 08CEO John Hess Sells 90-Year Old Hess Corporation To Chevron
Oct 23Hess Corporation: Time To Buy The Dip
Sep 25Hess Corporation: Accelerated Cash Flow Growth
Aug 01Hess Corporation: Guyana Production More Than Triples
May 30Hess Corporation: Bring On That Cash Flow
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$17m | US$2m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$14m | US$2m | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$724m |
| Dec 31 2021 | US$12m | US$2m | US$559m |
| Sep 30 2021 | n/a | n/a | US$197m |
| Jun 30 2021 | n/a | n/a | -US$161m |
| Mar 31 2021 | n/a | n/a | -US$408m |
| Dec 31 2020 | US$11m | US$2m | -US$3b |
| Sep 30 2020 | n/a | n/a | -US$3b |
| Jun 30 2020 | n/a | n/a | -US$3b |
| Mar 31 2020 | n/a | n/a | -US$3b |
| Dec 31 2019 | US$13m | US$2m | -US$412m |
| Sep 30 2019 | n/a | n/a | -US$206m |
| Jun 30 2019 | n/a | n/a | -US$47m |
| Mar 31 2019 | n/a | n/a | -US$183m |
| Dec 31 2018 | US$13m | US$2m | -US$328m |
| Sep 30 2018 | n/a | n/a | -US$3b |
| Jun 30 2018 | n/a | n/a | -US$4b |
| Mar 31 2018 | n/a | n/a | -US$4b |
| Dec 31 2017 | US$15m | US$2m | -US$4b |
Compensation vs Market: John's total compensation ($USD16.75M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Hess (70 yo)
29.6yrs
Tenure
US$16,750,203
Compensation
Mr. John B. Hess is Independent Director of The Goldman Sachs Group, Inc. from June 24, 2024. He has been the Chief Executive Officer at Hess Corporation since May 3, 1995. Mr. Hess has been the Chairman o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 29.6yrs | US$16.75m | 6.73% $ 2.7b | |
| Executive VP & CFO | 20.7yrs | US$5.52m | 0.11% $ 43.6m | |
| COO and President of Exploration & Production | 10.9yrs | US$10.79m | 0.020% $ 8.1m | |
| Executive VP | 15.9yrs | US$5.30m | 0.053% $ 20.8m | |
| Senior VP & Chief Exploration Officer | 10.3yrs | US$4.07m | 0.044% $ 17.1m | |
| Senior Vice President of Technology & Services | 6.9yrs | no data | 0.012% $ 4.8m | |
| Vice President of Investor Relations | 21.4yrs | no data | no data | |
| Vice President of Communications | 7.3yrs | no data | no data | |
| Senior Vice President of Human Resources & Office Management | 8.7yrs | no data | 0.014% $ 5.3m | |
| Senior VP | 7.9yrs | no data | no data | |
| Senior Vice President of Global Production | 4.9yrs | no data | 0.0080% $ 3.2m | |
| VP & Treasurer | 11.3yrs | no data | no data |
10.6yrs
Average Tenure
64.5yo
Average Age
Experienced Management: HES's management team is seasoned and experienced (10.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 46.9yrs | US$16.75m | 6.73% $ 2.7b | |
| Independent Director | 8yrs | US$345.29k | 0.0067% $ 2.7m | |
| Independent Director | 31.9yrs | US$344.98k | 0.021% $ 8.2m | |
| Independent Director | 8.3yrs | US$343.01k | 0.0061% $ 2.4m | |
| Independent Director | 11.6yrs | US$384.12k | 0.012% $ 4.8m | |
| Independent Director | 2.7yrs | US$358.03k | 0.0012% $ 472.4k | |
| Independent Director | 11.6yrs | US$342.48k | 0.013% $ 5.1m | |
| Independent Director | 2.8yrs | US$331.53k | 0.0015% $ 582.6k | |
| Independent Director | 4.1yrs | US$386.64k | 0.0025% $ 976.3k | |
| Independent Director | 10.6yrs | US$377.48k | 0.010% $ 3.9m | |
| Independent Director | 11.6yrs | US$357.58k | 0.011% $ 4.2m | |
| Independent Chairman | 11.6yrs | US$563.53k | 0.0065% $ 2.6m |
11.1yrs
Average Tenure
70yo
Average Age
Experienced Board: HES's board of directors are seasoned and experienced ( 11.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 here.
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 .
Analyst Sources
Hess Corporation is covered by 55 analysts. 13 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 |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Yim Cheng | Barclays |