Stephen P. Mawer took the helm as the CEO of Calumet GP, LLC in April 2020. His journey to the top began when he was appointed to the board in 2016. Known for transparency in leadership, Mawer's employment letter states...

Stephen P. Mawer took the helm as the CEO of Calumet GP, LLC in April 2020. His journey to the top began when he was appointed to the board in 2016. Known for transparency in leadership, Mawer's employment letter states that his compensation is heavily tied to the company’s financial performance, including a base salary starting at $725,000 with performance-linked bonuses. In his first years, no cash bonuses were earned as the company did not meet certain goals, showing a focus on accountability. Mawer is not just a numbers guy; he has demonstrated significant involvement through strategic plans and governance. His leadership transition included a shift to Executive Chairman in January 2023, showing a commitment to guiding the company's future even in a new role. Mawer's insider trading activities indicate confidence in his company, with notable stock sales peaking at 2.9 million dollars in September 2024. This suggests he believes in adapting and capitalizing on market conditions while ensuring he remains aligned with company achievements, which is a big part of his philosophy for leadership.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Calumet, Inc. CEOs

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Stephen P. Mawer

Ex-CEO of Calumet, Inc.

Education

Not specified

Sector of Economy

Energy

Born

January 1, 1973 - 52 years ago

CEO of Calumet, Inc. for

2 years 8 months (Apr 2020 - Dec 2022)

Previous Experience

Not specified

Rivals

Competitors/colleagues of Stephen P. Mawer

Holdings

See how much did Stephen P. Mawer make over time.

Stephen P. Mawer has engaged in various stock transactions during his time at Calumet. His activity peaked around September 2024 when he sold stock valued at about $2.9 million. This indicates strong confidence in the company’s future, as Mawer has...

Stephen P. Mawer has engaged in various stock transactions during his time at Calumet. His activity peaked around September 2024 when he sold stock valued at about $2.9 million. This indicates strong confidence in the company’s future, as Mawer has been progressively increasing the value of his holdings. In the early years of his tenure, his stock transactions ranged from approximately $270K to over $1.69 million by late 2021. By the end of 2023, he continued to see fluctuations in his stock sales but consistently remained in the high value range, hitting around $2.88 million in September 2023. His strategic selling points may show a calculated approach to managing financial gains as he guides Calumet through its evolving landscape.

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Total Stock Sold

$679.54K

CLMT

$679.54K

40,976 CLMT shares

What if they kept their stock?

If Stephen P. Mawer didn't sell their stock, today they would have:
Extra CLMT40,976 shares worth $109.20K.
This is -83.93% and $570.34K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Stephen P. Mawer.

CLMT

$47.08K

CLMT at $12.88/share

Mar 24, 2025

Sale

CLMT

$46.20K

CLMT at $12.64/share

Mar 6, 2025

Sale

CLMT

18,629 shares

CLMT

Jan 17, 2025

Sale

CLMT

$268.71K

CLMT at $17.87/share

Jan 18, 2024

Sale

CLMT

$56.95K

CLMT at $16.27/share

Nov 21, 2022

Purchase

CLMT

$81.84K

CLMT at $16.37/share

Aug 22, 2022

Purchase

CLMT

$69.87K

CLMT at $16.17/share

Aug 16, 2022

Purchase

CLMT

$149.06K

CLMT at $16.11/share

Aug 12, 2022

Purchase

CLMT

7,102 shares

CLMT

Mar 3, 2021

Received

CLMT

$14.02K

CLMT at $3.90/share

Mar 7, 2017

Purchase

Compensation History

See how much did Stephen P. Mawer make over time.

In 2021, Stephen Mawer’s total compensation was approximately $613,769, primarily derived from a base salary of $543,750. His structure emphasizes pay-for-performance, reflecting a broader commitment to aligning his interests with those of Calumet's stakeholders. Interestingly, Mawer's package included no cash bonuses or stock grants in 2020, as the company failed to meet certain financial metrics. This direct link between his pay and company performance underscores a culture of accountability at Calumet. He is set for future incentives, including potential bonuses that can reach up to 200% of his salary, based on results achieved in subsequent years. Mawer’s compensation plan also considers long-term goals, granted through phantom units, offering him a stake in Calumet’s future success.

Year

2021

Total Compensation

$613.77K

Salary

$543.75K

Board Justification

The compensation philosophy is based on a pay-for-performance model, aligning executive compensation with company performance and unitholder returns.

Bonus

$0.00

Board Justification

No cash bonus was earned for the 2020 year due to not meeting the minimum Adjusted EBITDA goal.

Other

$70.02K

Board Justification

Includes 401(k) matching contributions, relocation expenses, commuting and living expenses, and long-term disability insurance.

Restricted Stock

$0.00(0 phantom units)

Board Justification

No phantom units were granted in 2020 that vested during the year.

Performance Metrics

Compensation is linked to the achievement of Adjusted EBITDA performance targets.

Other Calumet, Inc. CEOs

Here are other CEOs of Calumet, Inc.

William H. Hatch

Ex-CEO of Calumet, Inc.

April 2015 - January 2015

Todd Borgmann

CEO of Calumet, Inc.

January 2023 - Present