Reserve Petroleum Management
Management criteria checks 3/4
Reserve Petroleum's CEO is Cameron McLain, appointed in May 1982, has a tenure of 41.92 years. total yearly compensation is $257.57K, comprised of 76.9% salary and 23.1% bonuses, including company stock and options. directly owns 8.25% of the company’s shares, worth $2.24M. The average tenure of the management team and the board of directors is 15.9 years and 20.9 years respectively.
Key information
Cameron McLain
Chief executive officer
US$257.6k
Total compensation
| CEO salary percentage | 76.9% |
| CEO tenure | 41.9yrs |
| CEO ownership | 8.3% |
| Management average tenure | 15.9yrs |
| Board average tenure | 20.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$56k |
| Sep 30 2023 | n/a | n/a | US$2m |
| Jun 30 2023 | n/a | n/a | US$2m |
| Mar 31 2023 | n/a | n/a | US$3m |
| Dec 31 2022 | US$258k | US$198k | US$4m |
| Sep 30 2022 | n/a | n/a | US$3m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | US$3m |
| Dec 31 2021 | US$219k | US$174k | US$1m |
| Sep 30 2021 | n/a | n/a | US$1m |
| Jun 30 2021 | n/a | n/a | US$16k |
| Mar 31 2021 | n/a | n/a | -US$555k |
| Dec 31 2020 | US$210k | US$168k | -US$2m |
| Sep 30 2020 | n/a | n/a | -US$3m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$209k | US$168k | -US$267k |
| Sep 30 2019 | n/a | n/a | US$635k |
| Jun 30 2019 | n/a | n/a | US$2m |
| Mar 31 2019 | n/a | n/a | US$2m |
| Dec 31 2018 | US$207k | US$168k | US$2m |
| Sep 30 2018 | n/a | n/a | US$2m |
| Jun 30 2018 | n/a | n/a | US$2m |
| Mar 31 2018 | n/a | n/a | US$429k |
| Dec 31 2017 | US$205k | US$166k | US$686k |
Compensation vs Market: Cameron's total compensation ($USD257.57K) is below average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Cameron's compensation has increased whilst the company is unprofitable.
CEO
Cameron McLain (64 yo)
41.9yrs
Tenure
US$257,566
Compensation
Mr. Cameron R. McLain has been the Chief Executive Officer of The Reserve Petroleum Company since May 19, 2009 and its President since May 20, 2008. He has been Exploration Manager of Reserve Petroleum Co....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 17.9yrs | US$254.43k | 7.99% $ 2.2m | |
| CEO, President | 41.9yrs | US$257.57k | 8.25% $ 2.2m | |
| 1st VP, CFO | 6.3yrs | US$166.72k | no data |
15.9yrs
Average Tenure
64yo
Average Age
Experienced Management: RSRV's management team is seasoned and experienced (15.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 17.9yrs | US$254.43k | 7.99% $ 2.2m | |
| CEO, President | 17.9yrs | US$257.57k | 8.25% $ 2.2m | |
| Independent Director | 23.9yrs | US$5.70k | no data | |
| Independent Director | 32.9yrs | US$5.70k | no data | |
| Director | 48.9yrs | US$3.00k | 1.27% $ 344.8k | |
| Independent Director | 25.9yrs | US$4.50k | no data | |
| Director | 5.9yrs | US$4.50k | no data | |
| Independent Director | 2.9yrs | US$6.50k | no data |
20.9yrs
Average Tenure
67yo
Average Age
Experienced Board: RSRV's board of directors are seasoned and experienced ( 20.9 years average tenure).