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Robert L. Gerry, III served as the CEO of Vaalco Energy from 1997 until his retirement in 2013, after 16 years at the helm. He holds a bachelor’s degree in Business Administration, which laid the groundwork for his mainstream...

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Robert L. Gerry, III

Ex-CEO of Vaalco Energy

Education

Bachelor's degree in Business Administration

Field of Expertise

Energy & Utilities - Energy

Sector of Economy

Energy

Born

December 1, 1948 - 76 years ago

CEO of Vaalco Energy for

16 years 0 months (Oct 1997 - Oct 2013)

Previous Experience

Chairman and CEO of VAALCO Energy, Inc. since 1997, with previous experience in various executive roles in the energy sector.

Holdings

See how much did Robert L. Gerry, III make over time.

During his tenure at Vaalco, Robert L. Gerry, III held impressive stock options, which reflected his vested interest in the company's success. His most significant holding peaked at 2,010,000 shares, showcasing a strong alignment with shareholder interests. Over the years,...

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Charitable Transactions

EGY

26,760 shares

EGY

Recent Charitable Transactions

EGY

$99.86K

EGY at $8.76/share

Apr 25, 2014

Charity

EGY

$26.07K

EGY at $8.52/share

Dec 27, 2012

Charity

EGY

$45.85K

EGY at $9.17/share

Sep 18, 2012

Charity

EGY

$47.96K

EGY at $6.57/share

May 17, 2011

Charity

Insider Trading

See recent insider trades of Robert L. Gerry, III.

EGY

$99.86K

EGY at $8.76/share

Apr 25, 2014

Charity

EGY

$26.07K

EGY at $8.52/share

Dec 27, 2012

Charity

EGY

$45.85K

EGY at $9.17/share

Sep 18, 2012

Charity

EGY

$47.96K

EGY at $6.57/share

May 17, 2011

Charity

Compensation History

See how much did Robert L. Gerry, III make over time.

In 2013, Robert L. Gerry, III received a total compensation of $378,120, which included a salary of $100,641 and a bonus of $277,479, reflecting a robust compensation structure tied to performance metrics. His compensation philosophy at Vaalco aimed to align management's goals with shareholder interests, ensuring that executives strive for operational success. During key years like 2012, his total compensation reached an impressive $2.1 million, highlighting how performance bonuses varied based on achievement against corporate goals. As an executive, he emphasized results-driven compensation anchored in achieving significant growth in hydrocarbon reserves and effective budget management.

Year

2013

Total Compensation

$378.12K

Salary

$100.64K

Board Justification

The compensation program is designed to align the interests of management with those of stockholders by motivating executive officers to achieve strong financial and operating results.

Bonus

$277.48K

Board Justification

Bonuses for 2013 were determined and paid in March 2014. Mr. Guidry also received a $200,000 sign-on bonus after completing 30 days of service in November 2013.

Other

$0.00

Board Justification

No additional compensation was reported for 2013.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2013 as Mr. Guidry joined the company in October 2013 and his stock awards begin to vest in a four year period starting with the first one-fifth vesting on his one year anniversary with the Company.

Performance Metrics

The performance metrics include achieving corporate goals such as increasing hydrocarbon reserves, drilling and completing development wells, and achieving budget targets.

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