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William Austin is the interim CEO of Ranger Energy Services, a company focused on providing oilfield services. Appointed to the position in June 2021, he has built a strong portfolio of experience over the years. Before stepping into this role,...

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William Austin

Ex-CEO of Ranger Energy Services

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

April 1, 1955 - 70 years ago

CEO of Ranger Energy Services for

0 years 2 months (Jun 2021 - Sep 2021)

Previous Experience

Chairman of the Board of Ranger Energy Services, Inc. since 2017 and over 40 years of experience in varying industries including oilfield services

Rivals

Competitors/colleagues of William Austin

Holdings

See how much did William Austin make over time.

William Austin has shown strong confidence in Ranger Energy Services through his insider trades. Starting in September 2019, he made a series of trades that saw steady increases in value, peaking around mid-2021. For instance, in June 2021, he traded...

Mar 18, 2025

Insider Trading

See recent insider trades of William Austin.

RNGR

7,484 shares

RNGR

Aug 1, 2023

Received

RNGR

$60.83K

RNGR at $8.69/share

Aug 18, 2022

Purchase

RNGR

8,427 shares

RNGR

Aug 12, 2022

Received

RNGR

9,740 shares

RNGR

Aug 6, 2021

Received

RNGR

25,943 shares

RNGR

Feb 16, 2021

Received

RNGR

$9.07K

RNGR at $2.51/share

Sep 29, 2020

Purchase

RNGR

23,734 shares

RNGR

Aug 14, 2020

Received

RNGR

12,626 shares

RNGR

Aug 14, 2019

Received

RNGR

$3.49K

RNGR at $6.99/share

Mar 28, 2019

Purchase

RNGR

$4.87K

RNGR at $6.75/share

Mar 11, 2019

Purchase

Compensation History

See how much did William Austin make over time.

In 2021, William Austin's compensation package as interim CEO of Ranger Energy was structured to align with company performance. He received a total of $305,614, with a base salary of $139,154. Notably, his compensation included a vesting of 9,740 restricted stock units valued at about $76,460. The company emphasized attracting and retaining talent, linking Austin’s pay to both individual and company performance metrics. This approach supports his role in steering company strategies effectively.

Year

2021

Total Compensation

$216.36K

Salary

$139.15K

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and retention strategies, ensuring competitive pay to attract and retain top talent.

Bonus

$0.00

Board Justification

No bonus was awarded for the year 2021.

Other

$748.00

Board Justification

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

Restricted Stock

$76.46K(9.74K Restricted Stock)

Board Justification

Mr. Austin was granted 9,740 shares of restricted stock on August 6, 2021, which vested in 2021.

Performance Metrics

The performance metrics for determining compensation include individual and company performance, with a focus on achieving strategic goals.