RGC Resources Management
Management criteria checks 3/4
RGC Resources' CEO is Paul Nester, appointed in Feb 2020, has a tenure of 4.25 years. total yearly compensation is $1.05M, comprised of 40.1% salary and 59.9% bonuses, including company stock and options. directly owns 1% of the company’s shares, worth $2.11M. The average tenure of the management team and the board of directors is 1.3 years and 12.8 years respectively.
Key information
Paul Nester
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 40.1% |
| CEO tenure | 4.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.3yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
Investors Met With Slowing Returns on Capital At RGC Resources (NASDAQ:RGCO)
Nov 04
RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975
Oct 01RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975
Jun 26Is RGC Resources (NASDAQ:RGCO) Using Too Much Debt?
Jun 03RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975
Apr 29Here's What To Make Of RGC Resources' (NASDAQ:RGCO) Decelerating Rates Of Return
Apr 26RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975
Apr 05RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year
Dec 03RGC Resources declares $0.195 dividend
Sep 27RGC Resources GAAP EPS of $0.06, revenue of $17.26B
Aug 08These 4 Measures Indicate That RGC Resources (NASDAQ:RGCO) Is Using Debt Extensively
Jun 18RGC Resources: Lack Of Forward Growth A Concern
Feb 01RGC Resources (NASDAQ:RGCO) Will Pay A Larger Dividend Than Last Year At US$0.20
Jan 13We Think RGC Resources (NASDAQ:RGCO) Is Taking Some Risk With Its Debt
Dec 03RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year
Dec 03Some Investors May Be Worried About RGC Resources' (NASDAQ:RGCO) Returns On Capital
Jun 28Estimating The Fair Value Of RGC Resources, Inc. (NASDAQ:RGCO)
May 19RGC Resources declares $0.185 dividend
Apr 26Here's Why RGC Resources (NASDAQ:RGCO) Is Weighed Down By Its Debt Load
Apr 12Should We Be Excited About The Trends Of Returns At RGC Resources (NASDAQ:RGCO)?
Mar 15Would RGC Resources, Inc. (NASDAQ:RGCO) Be Valuable To Income Investors?
Mar 01Is RGC Resources, Inc.'s (NASDAQ:RGCO) ROE Of 12% Impressive?
Feb 15How Much Of RGC Resources, Inc. (NASDAQ:RGCO) Do Insiders Own?
Feb 01Anita Zucker of RGC Resources, Inc. (NASDAQ:RGCO) Just Spent US$361k On Shares
Jan 18
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$13m |
| Sep 30 2023 | US$1m | US$423k | US$11m |
| Jun 30 2023 | n/a | n/a | -US$1m |
| Mar 31 2023 | n/a | n/a | -US$1m |
| Dec 31 2022 | n/a | n/a | -US$32m |
| Sep 30 2022 | US$588k | US$408k | -US$32m |
| Jun 30 2022 | n/a | n/a | -US$20m |
| Mar 31 2022 | n/a | n/a | -US$20m |
| Dec 31 2021 | n/a | n/a | US$9m |
| Sep 30 2021 | US$977k | US$406k | US$10m |
| Jun 30 2021 | n/a | n/a | US$10m |
| Mar 31 2021 | n/a | n/a | US$10m |
| Dec 31 2020 | n/a | n/a | US$11m |
| Sep 30 2020 | US$993k | US$375k | US$11m |
| Jun 30 2020 | n/a | n/a | US$11m |
| Mar 31 2020 | n/a | n/a | US$11m |
| Dec 31 2019 | n/a | n/a | US$10m |
| Sep 30 2019 | US$743k | US$301k | US$9m |
| Jun 30 2019 | n/a | n/a | US$9m |
| Mar 31 2019 | n/a | n/a | US$9m |
| Dec 31 2018 | n/a | n/a | US$8m |
| Sep 30 2018 | US$482k | US$253k | US$7m |
| Jun 30 2018 | n/a | n/a | US$7m |
| Mar 31 2018 | n/a | n/a | US$6m |
| Dec 31 2017 | n/a | n/a | US$6m |
| Sep 30 2017 | US$444k | US$222k | US$6m |
Compensation vs Market: Paul's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
CEO
Paul Nester (48 yo)
4.3yrs
Tenure
US$1,054,041
Compensation
Mr. Paul W. Nester has been President and Chief Executive Officer of RGC Resources, Inc. since February 3, 2020 and served as its Secretary, Treasurer and Chief Financial Officer since May 2012 until Febru...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$1.05m | 1% $ 2.1m | |
| Senior Vice President of Regulatory & External Affairs | 1.3yrs | US$455.15k | 0.17% $ 360.2k | |
| VP,CFO & Treasurer | less than a year | no data | 0.030% $ 61.9k | |
| Vice President of Human Resources | 1.3yrs | no data | 0.037% $ 77.2k |
1.3yrs
Average Tenure
54yo
Average Age
Experienced Management: RGCO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$1.05m | 1% $ 2.1m | |
| Independent Director | 6.3yrs | US$58.00k | 0.11% $ 228.7k | |
| Independent Chairman of the Board | 26.3yrs | US$68.00k | 1.67% $ 3.5m | |
| Independent Director | 30.3yrs | US$70.00k | 0.57% $ 1.2m | |
| Independent Director | 33.3yrs | US$52.00k | 0.69% $ 1.4m | |
| Independent Director | 23.3yrs | US$65.25k | 0.31% $ 651.0k | |
| Independent Director | 2.1yrs | US$49.33k | 0.62% $ 1.3m | |
| Independent Director | 19.3yrs | US$62.00k | 0.52% $ 1.1m | |
| Independent Director | 4.3yrs | US$56.00k | 0.14% $ 302.3k | |
| Independent Director | 2.3yrs | US$37.50k | 0.023% $ 49.0k |
12.8yrs
Average Tenure
66.5yo
Average Age
Experienced Board: RGCO's board of directors are seasoned and experienced ( 12.8 years average tenure).