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PrimeEnergy Corp (PNRG.OQ)

PNRG.OQ on NASDAQ Stock Exchange Capital Market

54.73USD
24 Jun 2016
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Summary

Name Age Since Current Position

Charles Drimal

67 1987 Chairman of the Board, President, Chief Executive Officer

Beverly Cummings

62 1991 Principal Financial Officer, Executive Vice President, Treasurer, Director

Clint Hurt

79 1988 Director

H. Gifford Fong

70 1994 Independent Director

Thomas Gimbel

61 1989 Independent Director

Jan Smeets

67 1988 Independent Director

Ebersole Wehrle

56 2014 Independent Director

Biographies

Name Description

Charles Drimal

Mr. Charles E. Drimal, Jr., is Chairman of the Board, President, Chief Executive Officer of PrimeEnergy Corporation, since October, 1987. He has served as President and Chief Executive Officer of the Company since October 1987, and holds the position of Chairman of the Board of Directors. He also holds similar positions with the Company’s subsidiaries. Mr. Drimal is a graduate of the University of Maryland and Samford University School of Law and is a retired member of the New York State Bar. The leadership skills, experience and thorough knowledge of the oil and gas industry that uniquely qualified Mr. Drimal to become the President and Chief Executive Officer in 1987 have continued to make him an invaluable member and Chairman of the Board of Directors.

Beverly Cummings

Ms. Beverly A. Cummings is Principal Financial Officer, Executive Vice President, Treasurer, Director of PrimeEnergy Corporation. Ms. Cummings is a Certified Public Accountant and holds a Bachelor of Science degree from the State University of New York and a Master of Business Administration from Rutgers University. She was elected Vice President, Chief Financial Officer and Treasurer of the Company in October, 1987, and Executive Vice President and Treasurer in May, 1991, and serves as the Principal Financial Officer of the Company. Ms. Cummings holds similar positions with the Company’s subsidiaries.

Clint Hurt

Mr. Clint Hurt is an Director of PrimeEnergy Corporation. Mr. Hurt is president of Clint Hurt & Associates, Inc., a private oil and gas exploration company located in Midland, Texas. He is past president of the Independent Oil & Gas Association of West Virginia and is a former director of Chase Bank of Texas, Midland, Texas.

H. Gifford Fong

Mr. H. Gifford Fong is Independent Director of PrimeEnergy Corporation. He is president of Gifford Fong Associates, an investment technology consulting firm located in Lafayette, California. Mr. Fong holds a Bachelor of Science, a Master of Business Administration and a Juris Doctor degree from the University of California. Mr. Fong is the editor of The Journal of Investment Management and is the author and a frequent contributor of numerous trade journal publications. Mr. Fong’s expertise in transaction valuation, portfolio risk management and asset management is an important resource for the Board. His substantial knowledge and experience in financial matters and business operations fully qualify him to serve as a member of the Board of Directors.

Thomas Gimbel

Mr. Thomas S. T. Gimbel is Independent Director of PrimeEnergy Corporation. He is the Executive Managing Director of Optima Fund Management LLC, an investment advisory and asset management firm registered with the Securities and Exchange Commission, with offices in New York City. He previously served as Managing Director, Business and Product Development of that firm. Prior to joining Optima, he was the Managing Director of Hedge Fund Investments at Credit Suisse Asset Management, New York. In addition, he is Vice President and Director of American Farmland Company, a Maryland Corporation. Mr. Gimbel holds a Bachelor of Arts degree in economics from Bowdoin College and a Master of Business Administration from Columbia University Graduate School of Business.

Jan Smeets

Mr. Jan K. Smeets is an Independent Director of PrimeEnergy Corporation. Mr. Smeets is the President of Smeets Management, Inc., a privately held consulting firm in Larchmont, New York. Mr. Smeets holds a Bachelor of Science and a Master of Science degree in Chemical Engineering from the Massachusetts Institute of Technology and a Masters of Business Administration from Stamford Graduate School of Business. In the course of his career, Mr. Smeets worked as a process engineer for Exxon in Aruba and as a management consultant with McKinsey and Company serving clients in the communications, chemicals and oil industries. He also served on the board of the Citco Group, an international financial services provider.

Ebersole Wehrle

Mr. Ebersole Gaines Wehrle is an Independent Director of PrimeEnergy Corp. He served as a director of the Company from 1987 through 2007. He resigned following the formation of McJunkin Red Man Corporation for whom he served as director, and which corporation was the result of a merger of his family’s business, the McJunkin Corporation and Red Man Pipe and Supply Co. Mr. Wehrle’s experience in the oil and gas industry spans thirty years. He worked for and was a majority owner and director of the McJunkin Corporation, which was a wholesale provider of piping and supplies for oil and gas operations. Mr. Wehrle has also owned and operated oil and gas wells in the United States through his own private ventures. He attended Princeton University and received a Bachelor of Arts degree in Anthropology.

Basic Compensation

Name Fiscal Year Total

Charles Drimal

3,042,360

Beverly Cummings

1,517,810

Clint Hurt

--

H. Gifford Fong

--

Thomas Gimbel

--

Jan Smeets

--

Ebersole Wehrle

--
As Of  30 Dec 2014