Mach Natural Resources Management
Management criteria checks 2/4
Mach Natural Resources' CEO is Tom Ward, appointed in Jan 2017, has a tenure of 7.33 years. total yearly compensation is $7.06M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 14.36% of the company’s shares, worth $275.25M. The average tenure of the management team and the board of directors is 7.3 years and 0.6 years respectively.
Key information
Tom Ward
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 8.5% |
| CEO tenure | 7.3yrs |
| CEO ownership | 14.4% |
| Management average tenure | 7.3yrs |
| Board average tenure | less than a year |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$600k | US$69m |
| Sep 30 2023 | n/a | n/a | US$375m |
| Jun 30 2023 | n/a | n/a | US$464m |
| Mar 31 2023 | n/a | n/a | US$490m |
| Dec 31 2022 | US$627k | US$600k | US$517m |
Compensation vs Market: Tom's total compensation ($USD7.06M) is about average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tom Ward (63 yo)
7.3yrs
Tenure
US$7,063,849
Compensation
Mr. Tom L. Ward is Chief Executive Officer of Mach Natural Resources GP LLC a general partner of Mach Natural Resources LP since 2017 and is its Director. He serves as a Partner of Chesapeake Investments L...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director of Mach Natural Resources GP LLC | 7.3yrs | US$7.06m | 14.36% $ 275.2m | |
| Chief Financial Officer of Mach Natural Resources GP LLC | 7.2yrs | US$2.16m | 0.74% $ 14.1m | |
| Executive Vice President of Business Development of Mach Natural Resources GP LLC | 7.3yrs | US$2.39m | 0.74% $ 14.1m | |
| General Counsel & Secretary of Mach Natural Resources GP LLC | no data | no data | 0.15% $ 2.8m |
7.3yrs
Average Tenure
51yo
Average Age
Experienced Management: MNR's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director of Mach Natural Resources GP LLC | no data | US$7.06m | 14.36% $ 275.2m | |
| Independent Director of Mach Natural Resources GP LLC | less than a year | US$167.18k | no data | |
| Chairman of the Board of Mach Natural Resources GP LLC | no data | no data | no data | |
| Independent Director of Mach Natural Resources GP LLC | less than a year | US$173.43k | no data | |
| Independent Director of Mach Natural Resources GP LLC | less than a year | US$167.18k | no data |
0.6yrs
Average Tenure
63yo
Average Age
Experienced Board: MNR's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.