People: FX Energy Inc (FXEN.O)
FXEN.O on Consolidated Issue listed on NASDAQ Global Market
2.96USD
9 Feb 2010
2.96USD
9 Feb 2010
Price Change (% chg)
$0.11 (+3.86%)
$0.11 (+3.86%)
Prev Close
$2.96
$2.96
Open
--
--
Day's High
$2.96
$2.96
Day's Low
$2.86
$2.86
Volume
66,961
66,961
Avg. Vol
163,653
163,653
52-wk High
$4.97
$4.97
52-wk Low
$2.12
$2.12
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Lovejoy, Thomas | 73 | 2007 | Chairman of the Board, Executive Vice President |
| Pierce, David | 63 | 2003 | President, Chief Executive Officer, Director |
| Pierce, Andrew | 61 | 2003 | Vice President - Operations |
| Duncan, Scott | 60 | 2004 | Vice President - Investor Relations, Secretary |
| Maciolek, Jerzy | 59 | 1995 | Vice President - International Exploration, Director |
| Newton, Clay | 52 | 2003 | Vice President - Finance, Chief Accounting Officer, Treasurer |
| Goldstein, Dennis | 63 | 2003 | Lead Director |
| Hardman, Richard | 73 | 2003 | Director |
| Grundvig, Arnold | 60 | 2003 | Director |
| Turner, H. Allen | 56 | 2007 | Director |
Biographies
| Name | Description |
|---|---|
| Lovejoy, Thomas | Thomas B. Lovejoy is Chairman of the Board of Directors of FX Energy, Inc since October 2003, Executive Vice-President effective February 2007, Chief Financial Officer from 1999 to 2007, Vice-Chairman from 1995 through 2003, and a consultant to the Company from 1995 to 1999. Between 1992 and 1999, principal of Lovejoy & Associates, Inc., Greenwich, Connecticut, which provided financial strategic advice respecting private placements, mergers and acquisitions. From 1989 through 1992, managing director and head of natural resource, utility and mining groups of Prudential Securities, Inc., New York City. From 1980 through 1988, managing director and head of the energy and natural resources group of Paine Webber, Inc. From 1993 to 2001, director of Scaltech, Inc., Houston, Texas, a processor of petroleum refinery oil waste. Graduate of Massachusetts Institute of Technology and Harvard Business School. More than 30 years investment banking experience. |
| Pierce, David | David N. Pierce is a President and a Director of the FX Energy, Inc since 1992 & Chairman from 1992 through 2003. For more than three years prior to 1992, Vice-President and a director of the Company’s predecessor, Frontier Exploration Company, co-founded with his brother, Andrew W. Pierce, in January 1989, which was acquired by the Company in 1992. Executive capacities with privately held oil and gas companies since 1979. An attorney with more than 30 years of experience in natural resources, securities and international business law. Graduate of Princeton University and Stanford University Law School. |
| Pierce, Andrew | Andrew W. Pierce is Vice-President of Operations of the FX Energy, Inc since 1992, Director from 1992 through his resignation in 2003. For more than three years prior to 1992, President and a director of the Company’s predecessor, Frontier Exploration Company, co-founded with his brother, David N. Pierce, in January 1989, which was acquired by the Company in 1992. More than 25 years of experience in oil and gas exploration, drilling, production and leasing experience, with primary management and line responsibility for drilling and completion activities. |
| Duncan, Scott | Scott J. Duncan is Vice-President Investor Relations and Secretary of the FX Energy, Inc , Director from 1993 through 2004, when he did not stand for reelection. Financial consultant to the Company from its inception through April 1993, when he became the Company’s Treasurer. Prior to becoming a consultant with the Company, an executive and Director of several small businesses in Salt Lake City. Graduate of the University of Utah School of Business. |
| Maciolek, Jerzy | Jerzy B. Maciolek is the Vice-President of International Exploration and a Director of the FX Energy, Inc since 1995. Employed by the Company since September 1995. Instrumental in the Company’s exploration efforts in Poland. Prior to becoming the Company’s employee, a private consultant for over five years, including consulting on exploration projects in the western United States, the hydrocarbon potential of Poland and Kazakhstan, and developing applied integrated geophysical interpretations over gold mines in Nevada, California and Mexico. Graduate of the Mining and Metallurgy Academy in Krakow, Poland. |
| Newton, Clay | Clay Newton is a Vice-President of Finance, Treasurer and Chief Accounting Officer since 2003 and a director from 2002-2003. Worldwide Controller for LANDesk Software, Inc. from 2002-2003, a private technology company with operations and entities in eight countries. Director of Corporate Finance and Administration for Talk2 Technology, Inc., a private technology company, from 2000 to 2002. Chief Financial Officer and Corporate Secretary for Equity Oil Company, a publicly traded international oil and gas company, from 1986 to 2000. Graduate, University of Utah. Certified Public Accountant, Certified Equity Professional. |
| Goldstein, Dennis | Dennis B. Goldstein has been a Drector of FX Energy, Inc since October 2003, and was appointed Lead Director November 2003. He previously served as a member of the Board of Directors from 1999 to 2002, and was a member of the Audit Committee of the Company prior to his resignation. Since March of 2002, Mr. Goldstein has been practicing natural resources law in San Francisco, California. From 1976 until March of 2002, Mr. Goldstein was with Homestake Mining Company, a New York Stock Exchange listed, international gold mining company in various capacities. When Homestake was purchased by Barrick Gold Corporation in 2002, he was Vice-President and Corporate Counsel. Mr. Goldstein is a graduate of Brown University, Stanford University Law School and the Executive Program of the Stanford Graduate School of Business. He is a member of the California and the American Bar Associations. Mr. Goldstein is Chairman of the Company’s Nomination and Governance Committee and is a member of its Audit Committee and Compensation Committee. |
| Hardman, Richard | Richard Hardman is an Exploration Advisor since February 2003 and Director of FX Energy, Inc since October 27, 2003. From January 2002 through January 2003, Advisor on Exploration to the Chief Executive Officer of Enterprise Oil and worked in an advisory capacity to Neptune Oil and Gas. Between 1983 and January 2002, served in various executive capacities with Amerada Hess, a worldwide, integrated oil and gas firm. Vice-President of Worldwide Exploration based in London between May 1998 and May 2001 and Exploration Advisor thereafter until January 2002. Over a career spanning more than 40 years, worked in oil and gas exploration as a geologist in Libya, Kuwait, Colombia, Norway and the North Sea. Chairman of the Petroleum Society of Great Britain, President of the Geological Society of London, as the European member of the Advisory Council of the American Association of Petroleum Geologists, and former Chairman and current committee member of APPEX, a farmout fair organization based in London. Commander of the British Empire in New Year Honours List of 1998 for services to the oil industry. Mr. Hardman is a member of the Company’s Nomination and Governance Committee and Compensation Committee. |
| Grundvig, Arnold | Arnold S. Grundvig, Jr. is a Director of the FX Energy, Inc since 2003. President and Chief Financial Officer of A-Systems Corporation, a developer of accounting software, since 1993. Previously various executive-level positions in financial management. Mr. Grundvig is a member of the Company’s Audit Committee and Nomination and Governance Committee and was appointed as Chairman of its Compensation Committee in early 2009. |
| Turner, H. Allen | H. Allen Turner is the Director of FX Energy, Inc in February 2007. Mr. Turner has 25 years experience in finance, including 20 years as a senior executive at Devon Energy Corporation during a period when it grew to become one of the world’s largest independent oil and gas exploration companies. While there, Mr. Turner’s responsibilities included corporate finance, strategic planning, long-term budgeting, and mergers and acquisitions. He also had substantial responsibility for SEC compliance, financial and public relations, stock exchange relationships, and compensation and benefits planning. Mr. Turner retired from Devon in 2001. Prior to his Devon experience, Mr. Turner was employed at Merrill Lynch in various local, regional and national positions. Since 2001, Mr. Turner has served as a director of Cortland Associates, a registered investment advisor, and as a private investor. Mr. Turner is Chairman of the Company’s Audit Committee and a member of the Company’s Nomination and Governance Committee and Compensation Committee. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Lovejoy, Thomas | 556,989 |
| Pierce, David | 777,084 |
| Pierce, Andrew | 631,886 |
| Duncan, Scott | 573,175 |
| Maciolek, Jerzy | 645,237 |
| Newton, Clay | 465,135 |
| Goldstein, Dennis | -- |
| Hardman, Richard | -- |
| Grundvig, Arnold | -- |
| Turner, H. Allen | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Lovejoy, Thomas | 425,000 | 1,518,500 |
| Pierce, David | 495,000 | 1,686,702 |
| Pierce, Andrew | 425,000 | 1,318,500 |
| Duncan, Scott | 425,000 | 1,460,250 |
| Maciolek, Jerzy | 435,500 | 1,098,290 |
| Newton, Clay | 0 | 0 |
| Goldstein, Dennis | 0 | 0 |
| Hardman, Richard | 0 | 0 |
| Grundvig, Arnold | 0 | 0 |
| Turner, H. Allen | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| LOVEJOY THOMAS B | 24,000 | $0.00 |
| MACIOLEK JERZY B | 37,500 | $0.00 |
| HARDMAN RICHARD FP | 27,000 | $0.00 |
| PIERCE ANDREW W | 37,500 | $0.00 |
| GRUNDVIG ARNOLD S JR | 6,000 | $0.00 |
| DUNCAN SCOTT J | 22,500 | $0.00 |
| PIERCE DAVID N | 42,000 | $0.00 |
| GOLDSTEIN DENNIS B | 12,000 | $0.00 |
| NEWTON CLAY | 22,500 | $0.00 |
| TURNER H ALLEN | 6,000 | $0.00 |
| NEWTON CLAY | 5,000 | $2.40 |
| PIERCE DAVID N | 85,000 | $2.40 |
| DUNCAN SCOTT J | 41,475 | $4.34 |
| PIERCE ANDREW W | 41,475 | $4.34 |
| PIERCE DAVID N | 47,005 | $4.34 |
| LOVEJOY THOMAS B | 41,475 | $4.34 |
| MACIOLEK JERZY B | 35,945 | $4.34 |
| NEWTON CLAY | 2,765 | $4.34 |
| PIERCE ANDREW W | 75,000 | $2.40 |
| DUNCAN SCOTT J | 75,000 | $2.40 |
| LOVEJOY THOMAS B | 75,000 | $2.40 |
| MACIOLEK JERZY B | 65,000 | $2.40 |
| WORRELL DAVID L | 6,000 | $0.00 |
| NEWTON CLAY | 22,500 | $0.00 |
| MACIOLEK JERZY B | 37,500 | $0.00 |





