Sisecam Resources Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ertugrul Kaloglu

Chief executive officer

US$604.8k

Total compensation

CEO salary percentage	44.5%
CEO tenure	1.1yrs
CEO ownership	n/a
Management average tenure	1.2yrs
Board average tenure	1.4yrs

Recent management updates

Recent updates

Sisecam Resources: Starting 2022 With Record Distributions, But Unlikely To Last

Apr 12

Ciner Resources: Distributions Roar Back With A 8% Yield But Risks Remain

Dec 07

Ciner Resources: Market Conditions Are Improving, But The Wait Is Far From Over

Sep 29

Ciner Resources: Dark Clouds Could Already Derail Their Fragile Recovery

Aug 08

Ciner Resources: Cash Burn But Record Volumes Hopefully Foretell An Impending Recovery

May 06

Ciner Resources reports Q1 results

May 04

Ciner Resources: Good Industrial Indicator

Jan 29

Ciner Resources: Sorry But That Former High Yield Isn't Coming Back

Jan 10

Ciner Resources reports Q3 results

Nov 02

CEO Compensation Analysis

How has Ertugrul Kaloglu's remuneration changed compared to Sisecam Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	US$68m
Dec 31 2022	US$605k	US$269k	US$63m

Compensation vs Market: Ertugrul's total compensation ($USD604.83K) is below average for companies of similar size in the US market ($USD2.23M).

Compensation vs Earnings: Insufficient data to compare Ertugrul's compensation with company performance.

CEO

Ertugrul Kaloglu (46 yo)

1.1yrs

Tenure

US$604,829

Compensation

Mr. Ertugrul Kaloglu serves as a a President and Chief Executive Officer of Sisecam Resource Partners LLC since April 15, 2022. He has served as Direct Procurement Director at Sisecam since 2017. Mr. Kalo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ertugrul Kaloglu	President & CEO of Sisecam Resource Partners LLC	1.1yrs	US$604.83k	no data
Mehmet Kulaksizoglu	Principal Financial Officer & CFO of Sisecam Resource Partners LLC	1.2yrs	US$405.83k	no data
Christopher DeBerry	Principal Accounting Officer & Chief Accounting Officer of Sisecam Resource Partners LLC	5.8yrs	US$597.65k	0.074% $ 380.0k
Marla Nicholson	VP, General Counsel & Secretary of Sisecam Resource Partners LLC	3.7yrs	US$698.30k	0.0095% $ 48.6k
Raymond Katekovich	Vice President of Sales & Marketing of Sisecam Resources LP	less than a year	US$640.36k	0.045% $ 228.5k

1.2yrs

Average Tenure

46yo

Average Age

Experienced Management: SIRE's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Ducey	Lead Independent Director of Sisecam Resource Partners LLC	8.7yrs	US$200.02k	0.19% $ 997.0k
Alec Dreyer	Independent Director of Sisecam Resource Partners LLC	4.8yrs	US$190.02k	0.12% $ 615.4k
Thomas Jasper	Independent Director of Sisecam Resource Partners LLC	7.3yrs	US$225.02k	0.16% $ 813.2k
Selma Oner	Director of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Abdullah Kilinc	Director of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Mustafa Elverici	Chairman of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Tarlan Erkan	Director of Sisecam Resource Partners LLC	6.8yrs	US$554.41k	0.045% $ 229.1k
Huseyin Kuscu	Director of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Gokhan Guralp	Director of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Hande Eroz	Director of Sisecam Resource Partners LLC	1.4yrs	no data	no data
Ebru Sapoglu	Non-Independent Director of Sisecam Resource Partners Llc	less than a year	no data	no data

1.4yrs

Average Tenure

46yo

Average Age

Experienced Board: SIRE's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.

Sisecam Resources Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Sisecam Chemicals Resources LLC and Ciner Resources LP Announces Executive Changes

Recent updates

Sisecam Resources Announces Delisting of its Common Units

Sisecam Resources Announces Intention to Delist its Common Units on NYSE

Full year 2022 earnings released: EPS: US$3.13 (vs US$1.21 in FY 2021)

Sisecam Resources goes ex-dividend tomorrow

Full year 2022 earnings released: EPS: US$3.13 (vs US$1.21 in FY 2021)

Sisecam Resources LP Declares Dividend for the Fourth Quarter of 2022, Payable on February 23, 2023

Sisecam Resources GAAP EPS of $0.83, revenue of $177.1M

Sisecam Resources LP to Report Q4, 2022 Results on Feb 01, 2023

Sisecam Resources: Has Blowout Quarter - Focusing On Reducing Risk

Less than half of directors are independent

Sisecam Resources declares $0.50 dividend

Third quarter 2022 earnings released: EPS: US$0.76 (vs US$0.37 in 3Q 2021)

Sisecam Resources LP Announces Cash Distribution for the Third Quarter of 2022, Payable on November 17, 2022

Sisecam Resources LP to Report Q3, 2022 Results on Oct 28, 2022

Sisecam Resources LP: Unitholders Should Reject Lowball Offer

Second quarter 2022 earnings released: EPS: US$0.78 (vs US$0.14 in 2Q 2021)

Sisecam Resources LP Announces Quarterly Cash Distribution, Payable on August 23, 2022

Sisecam Chemicals Resources offers to acquire units of Sisecam Resources LP

First quarter 2022 earnings released

Sisecam Resources LP Announces Quarterly Cash Distribution for the First Quarter of 2022, Payable on May 18, 2022

Price target decreased to US$14.30

Less than half of directors are independent

Sisecam Resources LP to Report Q1, 2022 Results on May 02, 2022

Sisecam Resources: Starting 2022 With Record Distributions, But Unlikely To Last

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Sisecam Chemicals Resources LLC and Ciner Resources LP Announces Executive Changes

Investor sentiment improved over the past week

Ciner Resources LP Approves Quarterly Distribution for the Fourth Quarter of 2021, Payable on February 18, 2022

Ciner Resources: Distributions Roar Back With A 8% Yield But Risks Remain

Third quarter 2021 earnings released: EPS US$0.37 (vs US$0.11 in 3Q 2020)

Investor sentiment improved over the past week

Ciner Resources: Market Conditions Are Improving, But The Wait Is Far From Over

Ciner Resources: Dark Clouds Could Already Derail Their Fragile Recovery

Second quarter 2021 earnings released: EPS US$0.14 (vs US$0.16 loss in 2Q 2020)

Ciner Resources: Cash Burn But Record Volumes Hopefully Foretell An Impending Recovery

First quarter 2021 earnings released: EPS US$0.12 (vs US$0.33 in 1Q 2020)

Ciner Resources reports Q1 results

Full year 2020 earnings released: EPS US$0.58 (vs US$2.46 in FY 2019)

Ciner Resources LP to Report Q4, 2020 Results on Mar 15, 2021

Ciner Resources: Good Industrial Indicator

Ciner Resources: Sorry But That Former High Yield Isn't Coming Back

Investor sentiment improved over the past week

New 90-day high: US$13.79

New 90-day high: US$12.91

Third quarter 2020 earnings released: EPS US$0.12

Ciner Resources reports Q3 results

Ciner Resources LP to Report Q3, 2020 Results on Nov 02, 2020

New 90-day high: US$12.73

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age