REC Silicon Management
Management criteria checks 2/4
REC Silicon's CEO is Kurt Levens, appointed in Sep 2022, has a tenure of 1.67 years. total yearly compensation is $885.22K, comprised of 72.7% salary and 27.3% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth $411.78. The average tenure of the management team and the board of directors is 1.3 years and 1.6 years respectively.
Key information
Kurt Levens
Chief executive officer
US$885.2k
Total compensation
CEO salary percentage | 72.7% |
CEO tenure | 1.7yrs |
CEO ownership | 0.0001% |
Management average tenure | 1.3yrs |
Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$885k | US$644k | US$31m |
Sep 30 2023 | n/a | n/a | -US$100m |
Jun 30 2023 | n/a | n/a | -US$104m |
Mar 31 2023 | n/a | n/a | -US$113m |
Dec 31 2022 | US$233k | US$131k | -US$87m |
Compensation vs Market: Kurt's total compensation ($USD885.22K) is below average for companies of similar size in the US market ($USD2.40M).
Compensation vs Earnings: Kurt's compensation has been consistent with company performance over the past year.
CEO
Kurt Levens
1.7yrs
Tenure
US$885,221
Compensation
Mr. William Kurtis Levens, also known as Kurt served as Senior Vice President and General Manager of Electronic Grade Polysilicon and Silicon Gases at REC Silicon ASA since August 12, 2016. He has been Chi...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 1.7yrs | US$885.22k | 0.00010% $ 411.8 | |
Chief Financial Officer | 1.6yrs | US$444.47k | no data | |
Chief Strategy Officer | 1.5yrs | US$221.39k | no data | |
General Counsel & Corp. Sec. | 1.3yrs | no data | no data | |
Vice President of Global Sales & Marketing | 1.3yrs | no data | no data | |
Vice President of Human Resources | 1.3yrs | no data | no data | |
Senior Vice President of Operational Excellence | less than a year | no data | no data | |
Corporate Controller | no data | US$234.25k | no data | |
Vice President of Moses Lake Operations | no data | no data | no data |
1.3yrs
Average Tenure
Experienced Management: RNWE.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 2yrs | US$86.65k | no data | |
Chairman | 1.6yrs | no data | no data | |
Deputy Chairman | 1.6yrs | no data | no data | |
Independent Director | 1.6yrs | US$88.56k | no data | |
Independent Director | 1.4yrs | US$86.06k | no data |
1.6yrs
Average Tenure
Experienced Board: RNWE.F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.