Hess Management
Management criteria checks 4/4
Hess' CEO is John Hess, appointed in May 1995, has a tenure of 46.33 years. total yearly compensation is $16.75M, comprised of 9% salary and 91% bonuses, including company stock and options. directly owns 7.05% of the company’s shares, worth $3.39B. The average tenure of the management team and the board of directors is 10 years and 10.5 years respectively.
Key information
John Hess
Chief executive officer
US$16.8m
Total compensation
| CEO salary percentage | 9.0% |
| CEO tenure | 29yrs |
| CEO ownership | 7.1% |
| Management average tenure | 10yrs |
| Board average tenure | 10.5yrs |
Recent management updates
Recent updates
Hess 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 23The Return Trends At Hess (NYSE:HES) Look Promising
Oct 20
Hess Corporation: Time To Buy The Dip
Sep 25Hess Corporation: Accelerated Cash Flow Growth
Aug 01With EPS Growth And More, Hess (NYSE:HES) Makes An Interesting Case
Jul 06These 4 Measures Indicate That Hess (NYSE:HES) Is Using Debt Reasonably Well
Jun 22Hess Corporation: Guyana Production More Than Triples
May 30Shareholders Would Enjoy A Repeat Of Hess' (NYSE:HES) Recent Growth In Returns
May 29Estimating The Fair Value Of Hess Corporation (NYSE:HES)
May 16Is Now The Time To Put Hess (NYSE:HES) On Your Watchlist?
Mar 20The Trend Of High Returns At Hess (NYSE:HES) Has Us Very Interested
Feb 24Hess Corporation: Bring On That Cash Flow
Feb 09Earnings Not Telling The Story For Hess Corporation (NYSE:HES)
Feb 09Hess Non-GAAP EPS of $2.03 beats by $0.39, revenue of $3.05B beats by $220M
Jan 25Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet
Jan 25Hess Corporation Is An Expensive Stock With Strong Potential
Jan 09Are Investors Undervaluing Hess Corporation (NYSE:HES) By 42%?
Jan 07Hess Corporation: Guyana Production Triple Guidance
Jan 02Hess Corporation: Don't Forget The Income
Dec 19Hess declares $0.375 dividend
Dec 07Hess: If Oil Is Strong In 2023, This Stock Could Benefit Hugely
Nov 15We Ran A Stock Scan For Earnings Growth And Hess (NYSE:HES) Passed With Ease
Nov 14Hess Q3 2022 Earnings Preview
Oct 25Hess Corporation: This Blue Light Special Will Not Last
Sep 17Hess Corporation declares $0.375 dividend
Sep 07Hess Q2 2022 Earnings Preview
Jul 26Is Hess (NYSE:HES) Using Too Much Debt?
Jul 26Calculating The Fair Value Of Hess Corporation (NYSE:HES)
Jun 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 about average for companies of similar size in the US market ($USD13.56M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Hess (69 yo)
29yrs
Tenure
US$16,750,203
Compensation
Mr. John B. Hess has been the Chief Executive Officer at Hess Corporation since May 3, 1995. Mr. Hess has been the Chairman of the Board of Directors and Chief Executive Officer of Hess Midstream GP LLC, t...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 29yrs | US$16.75m | 7.05% $ 3.4b | |
| Executive VP & CFO | 20.1yrs | US$5.52m | 0.11% $ 53.3m | |
| COO and President of Exploration & Production | 10.3yrs | US$10.79m | 0.041% $ 19.7m | |
| Executive VP | 15.3yrs | US$5.30m | 0.053% $ 25.4m | |
| Senior VP & Chief Exploration Officer | 9.8yrs | US$4.07m | 0.044% $ 21.0m | |
| Senior Vice President of Technology & Services | 6.3yrs | no data | 0.014% $ 6.6m | |
| Vice President of Investor Relations | 20.8yrs | no data | no data | |
| Vice President of Communications | 6.8yrs | no data | no data | |
| Senior Vice President of Human Resources & Office Management | 8.1yrs | no data | 0.014% $ 6.9m | |
| Senior VP | 7.3yrs | no data | no data | |
| Senior Vice President of Global Production | 4.3yrs | no data | 0.011% $ 5.3m | |
| VP & Treasurer | 10.7yrs | no data | no data |
10.0yrs
Average Tenure
63.5yo
Average Age
Experienced Management: HES's management team is seasoned and experienced (10 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 46.3yrs | US$16.75m | 7.05% $ 3.4b | |
| Independent Director | 7.4yrs | US$345.29k | 0.0067% $ 3.2m | |
| Independent Director | 31.3yrs | US$307.50k | 0.021% $ 10.0m | |
| Independent Director | 7.7yrs | US$343.01k | 0.0061% $ 2.9m | |
| Independent Director | 11yrs | US$384.12k | 0.012% $ 5.8m | |
| Independent Director | 2.1yrs | US$358.03k | 0.0012% $ 577.7k | |
| Independent Director | 11yrs | US$342.48k | 0.013% $ 6.3m | |
| Independent Director | 2.3yrs | US$292.41k | 0.0015% $ 712.5k | |
| Independent Director | 3.5yrs | US$386.64k | 0.0025% $ 1.2m | |
| Independent Director | 10yrs | US$377.48k | 0.010% $ 4.8m | |
| Independent Director | 11yrs | US$357.58k | 0.011% $ 5.1m | |
| Independent Chairman | 11yrs | US$563.53k | 0.0065% $ 3.1m |
10.5yrs
Average Tenure
69yo
Average Age
Experienced Board: HES's board of directors are seasoned and experienced ( 10.5 years average tenure).