Prairie Operating Management
Management criteria checks 1/4
Prairie Operating's CEO is Eddie, Ed Kovalik, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is $625.99K, comprised of 58% salary and 42% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth $9.95M. The average tenure of the management team and the board of directors is 1.5 years and 1.5 years respectively.
Key information
Eddie, Ed Kovalik
Chief executive officer
US$626.0k
Total compensation
| CEO salary percentage | 58.0% |
| CEO tenure | 1.5yrs |
| CEO ownership | 5.0% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$68m |
| Jun 30 2024 | n/a | n/a | -US$91m |
| Mar 31 2024 | n/a | n/a | -US$87m |
| Dec 31 2023 | US$626k | US$363k | -US$79m |
Compensation vs Market: Eddie, Ed's total compensation ($USD625.99K) is below average for companies of similar size in the US market ($USD1.48M).
Compensation vs Earnings: Insufficient data to compare Eddie, Ed's compensation with company performance.
CEO
Eddie, Ed Kovalik (49 yo)
1.5yrs
Tenure
US$625,988
Compensation
Mr. Edward Kovalik, also known as Eddie, Ed, serves as Chief Executive Officer and Chairman at Prairie Operating Co. since May 03, 2023. He served as Chief Operating Officer of Crown Electrokinetics Corp....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.5yrs | US$625.99k | 5.01% $ 9.9m | |
| President & Director | 1.5yrs | US$625.99k | 5.01% $ 9.9m | |
| Executive VP | 1.5yrs | US$3.15m | 0.87% $ 1.7m | |
| Executive Vice President of Operations | 1.5yrs | no data | 0.092% $ 182.6k | |
| Executive VP | 1.3yrs | no data | no data |
1.5yrs
Average Tenure
53yo
Average Age
Experienced Management: PROP's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.5yrs | US$625.99k | 5.01% $ 9.9m | |
| President & Director | 1.5yrs | US$625.99k | 5.01% $ 9.9m | |
| Member of Advisory Board | less than a year | no data | no data | |
| Member of Advisory Board | 1.1yrs | no data | no data | |
| Independent Director | 1.5yrs | US$166.21k | 0.019% $ 37.1k | |
| Independent Director | 1.5yrs | US$166.21k | 0.019% $ 37.1k | |
| Independent Director | no data | no data | no data | |
| Independent Director | 1.5yrs | US$165.11k | 0.019% $ 37.1k | |
| Independent Director | 1.5yrs | US$165.11k | 0.030% $ 59.4k |
1.5yrs
Average Tenure
51yo
Average Age
Experienced Board: PROP's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.