Arq Management
Management criteria checks 1/4
Arq's CEO is Bob Rasmus, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is $1.01M, comprised of 2.1% salary and 97.9% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth $7.75M. The average tenure of the management team and the board of directors is 1.2 years and 1.8 years respectively.
Key information
Bob Rasmus
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 2.1% |
| CEO tenure | 1.3yrs |
| CEO ownership | 2.3% |
| Management average tenure | 1.2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$323k |
| Jun 30 2024 | n/a | n/a | -US$4m |
| Mar 31 2024 | n/a | n/a | -US$8m |
| Dec 31 2023 | US$1m | US$21k | -US$12m |
Compensation vs Market: Bob's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD2.18M).
Compensation vs Earnings: Insufficient data to compare Bob's compensation with company performance.
CEO
Bob Rasmus (67 yo)
1.3yrs
Tenure
US$1,011,039
Compensation
Mr. Robert E. Rasmus, also known as Bob, serves as Chief Executive Officer and President at Arq, Inc. (formerly known as Advanced Emissions Solutions, Inc.) since July 17, 2023. He co-founded Hi-Crush GP L...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 1.3yrs | US$1.01m | 2.33% $ 7.8m | |
| Chief Operating Officer | 1.2yrs | US$466.37k | 0.28% $ 917.6k | |
| Chief Technology Officer | no data | US$1.37m | 0.78% $ 2.6m | |
| Chief Accounting Officer & Principal Financial Officer | less than a year | no data | 0.14% $ 451.8k | |
| General Counsel & Secretary | no data | no data | 0.16% $ 524.9k | |
| Vice President of Sales | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data |
1.2yrs
Average Tenure
53yo
Average Age
Experienced Management: ARQ's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.8yrs | US$166.09k | 0.19% $ 649.1k | |
| Director | 1.8yrs | US$157.07k | 5.31% $ 17.7m | |
| Independent Director | 1.8yrs | US$162.90k | 0.47% $ 1.6m | |
| Independent Director | 1.8yrs | US$157.07k | 7.33% $ 24.4m | |
| Independent Chairman | 10.8yrs | US$199.42k | 0.24% $ 815.2k | |
| Independent Director | 8.8yrs | US$147.75k | no data | |
| Independent Director | 1.4yrs | US$117.63k | 0.088% $ 294.2k |
1.8yrs
Average Tenure
49yo
Average Age
Experienced Board: ARQ's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.