Sundar PichaiSundar Pichai earned $164M in 2023

Darron Anderson served as the CEO of Ranger Energy Services from its early days of public trading until 2021. His era was marked by a significant focus on management and performance metrics that aimed to align the company's success with...

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Darron Anderson

Ex-CEO of Ranger Energy Services

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

May 1, 1973 - 52 years ago

CEO of Ranger Energy Services for

4 years 0 months (Jun 2017 - Jul 2021)

Previous Experience

CEO of Ranger Energy Services, Inc. for 4 years

Rivals

Competitors/colleagues of Darron Anderson

Holdings

See how much did Darron Anderson make over time.

Darron Anderson saw significant fluctuations in his stock holdings during his tenure at Ranger Energy Services. His stock wealth peaked around $3 million in early 2024 but showed remarkable growth throughout 2021, where it rose from around $1.64 million in...

Total Stock Sold

$282.23K

TDW

$282.23K

2,750 TDW shares

What if they kept their stock?

If Darron Anderson didn't sell their stock, today they would have:
Extra TDW2,750 shares worth $17.19K.
This is -93.91% and $265.04K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Darron Anderson.

TDW

1,323 shares

TDW

Jun 6, 2024

Received

TDW

$283.24K

TDW at $103.00/share

May 22, 2024

Sale

TDW

2,657 shares

TDW

Jun 26, 2023

Received

TDW

64 shares

TDW

Apr 3, 2023

Received

TDW

87 shares

TDW

Jan 3, 2023

Received

TDW

131 shares

TDW

Oct 3, 2022

Received

TDW

143 shares

TDW

Jul 1, 2022

Received

TDW

7,003 shares

TDW

Jun 14, 2022

Received

TDW

$2.97K

TDW at $22.20/share

Apr 1, 2022

Received

TDW

$2.98K

TDW at $11.25/share

Jan 3, 2022

Received

Compensation History

See how much did Darron Anderson make over time.

Darron Anderson's compensation at Ranger Energy Services varied throughout his tenure, reflecting the company's performance-centric approach. In 2018, at the height of his influence, he earned a total of $1,264,716, which included a substantial bonus of $175,000 celebrated for the company's successful IPO. Year-over-year, his salary fluctuated, peaking at $482,695 in 2019, before dropping to $382,407 by 2021 when he finished his role as CEO. His last year at the helm marked a significant downturn in total compensation attributed to a lack of stock grants and options, revealing the board's focus on cash-based incentives over equity awards. Darron's compensation structure reflects a broader industry trend of balancing fixed salaries with variable bonuses based on individual contributions and company performance.

Year

2021

Total Compensation

$382.41K

Salary

$237.02K

Board Justification

The compensation philosophy aligns with company performance and retention strategies, focusing on attracting and retaining top talent in the energy sector.

Bonus

$56.25K

Board Justification

Represents one-time discretionary cash bonuses earned during the respective fiscal year.

Other

$89.14K

Board Justification

Represents employer contributions to the 401(k) Plan and life insurance premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2021 as he did not receive any stock grants during his tenure as CEO.

Performance Metrics

Performance metrics are based on individual and company performance, with discretionary bonuses awarded based on contributions.

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