People: RAM Energy Resources, Inc. (RAME.O)
RAME.O on Consolidated Issue listed on NASDAQ Global Market
1.59USD
9 Feb 2010
1.59USD
9 Feb 2010
Price Change (% chg)
$0.03 (+1.92%)
$0.03 (+1.92%)
Prev Close
$1.59
$1.59
Open
--
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Day's High
$1.60
$1.60
Day's Low
$1.50
$1.50
Volume
128,719
128,719
Avg. Vol
179,589
179,589
52-wk High
$2.44
$2.44
52-wk Low
$0.40
$0.40
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Lee, Larry | 60 | 2006 | Chairman of the Board, President, Chief Executive Officer |
| Austin, G. Les | 43 | 2008 | Chief Financial Officer, Senior Vice President, Treasurer, Secretary |
| Rampey, Larry | 64 | 2006 | Senior Vice President |
| Smiley, Drake | 61 | 2006 | Senior Vice President - Land and Exploration |
| Lane, Sean | 50 | 2006 | Director |
| Marshall, Gerald | 75 | 2006 | Director |
| Reardon, John | 67 | 2006 | Director |
Biographies
| Name | Description |
|---|---|
| Lee, Larry | Mr. Larry E. Lee has served as Chairman, President and Chief Executive Officer of RAM Energy Resources, Inc. since May 2006. He is a founder of wholly owned subsidiary, RAM Energy, Inc., or RAM Energy, and has served as its president and, with the exception of the period from June 1992 to November 1997, when he served as chief operating officer, he has served as its chief executive officer since September 1987. Mr. Lee became Chairman of the board of RAM Energy in October 2005. Mr. Lee has been active in the oil and gas industry since 1976. Mr. Lee worked for the private companies of Goldman Enterprises and Kerr Consolidated before developing the RAM Energy companies in 1984. He served in the public sector as budget director for the city of Oklahoma City from 1971 to 1976, and was a member of the staff of Governor David Boren during 1976. Mr. Lee is a Wildcatter member of the Oklahoma Independent Petroleum Association and a member of the Independent Petroleum Association of America, having previously served as director. Mr. Lee serves as chairman of the Board of Trustees and as chairman of the Executive Committee of the Board of Trustees for the Philbrook Museum of Art. He is also a member of the Board of Directors of the Oklahoma Heritage Association. Mr. Lee serves as a member of the Executive Board of the Indian Nations Council of the Boy Scouts of America. He is a lifetime member of World Presidents’ Organization. Mr. Lee received his B.B.A. in Finance from the University of Oklahoma. |
| Austin, G. Les | Mr. G. Les Austin became Senior Vice President, Chief Financial Officer, Secretary and Treasurer of RAM Energy Resources, Inc. on April 1, 2008. Mr. Austin served as Vice President Finance and Chief Financial Officer of Matrix Service Company from June 2004 to March 2008. Mr. Austin had also served Matrix as vice president, accounting and administration, east coast, from March 2003 to May 2004, as vice president of financial reporting and technology from June 2002 to March 2003 and as vice president of financial planning and reporting from April 1999 to May 2002. Mr. Austin served as vice president of finance for Flint Energy Construction Company from February 1994 to March 1999 and prior to February 1994, was an audit manager with Ernst & Young LLP. Mr. Austin received a B.S. in Accounting and Information Technology from Oklahoma State University. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. In addition, Mr. Austin serves as a director on the Advisory Board of Oklahoma State University School of Accounting and as a member of the Sales Tax Oversite Committee for the City of Tulsa. |
| Rampey, Larry | Mr. Larry G. Rampey has been an Executive Officer of RAM Energy Resources, Inc. serving as Senior Vice President since May 2006 and a Senior Vice President of RAM Energy since February 1998, previously serving as Vice President of Operations since May 1989. Mr. Rampey has 30 years of experience in the management of both domestic and international oil and gas properties. From 1972 until May 1989, Mr. Rampey was employed by Reading & Bates Petroleum Co., holding positions of vice president of international operations and vice president of domestic operations. Mr. Rampey was employed by Amoco prior to joining Reading & Bates. Mr. Rampey is a member of the Society of Petroleum Engineers and the Oklahoma Independent Petroleum Association. Mr. Rampey received his B.S. in Industrial Engineering from Oklahoma State University. |
| Smiley, Drake | Mr. Drake N. Smiley has been an Executive Officer of RAM Energy Resources, Inc. serving as Senior Vice President of Land and Exploration since May 2006 and has held a similar position with RAM Energy since 1998, previously serving as Vice President land since May 1989, with the exception of the period from 1994 until early 1997 when he left RAM’s employment to serve as vice president of land with Continental Resources, Inc. in Enid, Oklahoma. He served as Vice President of Land, Legal and Business Development of RAM Energy from February 1997 until December 1997. Mr. Smiley was employed by Reading & Bates Petroleum Co., serving as manager of land prior to joining RAM. Before Reading & Bates, he was employed by Cities Service Company. Mr. Smiley has 29 years of experience in the petroleum industry and is a member of the Oklahoma and Tulsa County Bar Associations, the Tulsa and American Associations of Petroleum Landmen and the Oklahoma Independent Petroleum Association. He is a Phi Beta Kappa graduate of the University of Missouri, where he also received his Juris Doctorate. |
| Lane, Sean | Mr. Sean P. Lane was appointed to Board of Directors of RAM Energy Resources, Inc. in May 2006. He has served as a managing member of Kinsale Advisors LLC since January 2003, providing business and risk management advisory services to companies and investors in the energy, environmental and technology industries. From May 1999 until December 2002, Mr. Lane was an executive vice president, chief administrative officer, general counsel and director of beenz.com inc. a global internet currency business. Mr. Lane served as a managing director of Liberty Power Investments, LLC, an international electric power project development, finance and acquisition firm from December 1992 until May 1999. Mr. Lane has also served as an executive of Compania Boliviana de Energia Electrica, S.A., the Bolivian electric utility, as well as The Henley Group, Inc., Wheelabrator Technologies, Inc. and Catalyst Energy Corporation, each a publicly traded firm with significant investments in the U.S. or international independent power and environmental industries. Previously, Mr. Lane was an attorney with the law firm of Brown & Wood (currently Sidley Austin, LLP). Prior to joining Brown & Wood, Mr. Lane worked as a legislative assistant on the staff of the United States Senate Committee on Commerce, Science and Transportation. Mr. Lane received his J.D. from Georgetown University Law Center and a Bachelor’s degree in Political Economy and History from Fordham University. |
| Marshall, Gerald | Mr. Gerald R. Marshall was appointed to Board of Directors of RAM Energy Resources, Inc. in May 2006 and has been a Director of RAM Energy since December 1997. Mr. Marshall was Vice Chairman of the Midland Group of Oklahoma City, Oklahoma, which includes Midland Mortgage Co., MidFirst Bank, Midland Asset Management Co. and Home Shield Insurance Co., from October 1996 to March 2003 and served as a director of MidFirst Bank from 1993 until March 2003, and served as its Chief Credit Officer from October 1996 until March 2001. From 1990 until 1995, Mr. Marshall was chairman, chief executive officer and principal owner of RAM Management Associates, an asset management contractor for the Resolution Trust Corporation. From 1989 until 1990, Mr. Marshall served as a special consultant to Worthen Banking Corporation of Arkansas. From 1987 until 1989, Mr. Marshall was interim Chief Executive Officer of an insolvent savings and loan association in Little Rock, Arkansas, pending federal resolution. From September 1984 until November 1986, Mr. Marshall served as chairman of the board and chief executive officer of Bank of Oklahoma, Oklahoma City, N.A and from August 1981 to April 1984, Mr. Marshall served as president and chief executive officer of Goldman Enterprises, a privately owned, diversified group of companies. Prior to August 1981, Mr. Marshall served as chairman and chief executive officer of Capital Bank, N.A. of Houston, Texas and was a senior vice president of its then parent company, Mercantile Texas Corporation. Prior to 1981, Mr. Marshall served as President and Director of The First National Bank and Trust Company of Oklahoma City; as Executive Vice President of First National Bank in Dallas, and as President of Liberty National Bank and Trust Company of Oklahoma City. Mr. Marshall received a B.A. in Finance and Accounting from the University of Oklahoma. |
| Reardon, John | Mr. John M. Reardon was appointed to Board of Directors of RAM Energy Resources, Inc. in May 2006 and has served as a Director of RAM Energy since October 2005. He previously was a member of the RAM Energy board from January 1998 to May 2002. Mr. Reardon was market president of Union Bank of California, in Valencia, California, from November 2002 through October 2007. From August 1994 until November 2002, Mr. Reardon was president and chief executive officer of Valencia National Bank, Santa Clarita, California. From 1991 to August 1994, Mr. Reardon was executive vice president of Ramco Oil and Gas, Inc. and RAM Management Associates, Inc. Mr. Reardon was a senior vice president of Wells Fargo Bank, Los Angeles, California from 1987 to 1991. Previously, he served as chairman, president and chief executive officer of Southwestern Bank and Trust Company, Oklahoma City; executive vice president of The First National Bank and Trust Company of Oklahoma City, Oklahoma; and vice president of Liberty National Bank and Trust Company, Oklahoma City, Oklahoma. Mr. Reardon has served on the faculty of the University of Oklahoma School of Commercial Banking; Southwestern Graduate School of Banking, Southern Methodist University, Dallas, Texas; the Real Estate Finance School and the National Commercial Lending School of the American Bankers Association; and the Secured Lending School of the Oklahoma Bankers Association. He served as Chairman of the Federal Government Relations Committee of the Oklahoma Bankers Association and as a member of the board of directors of the Chair of Banking, the College of Business of the University of Oklahoma. He has also served as an advisory director of Oklahoma State University and a member of the Oklahoma State Advisory Council of the United States Small Business Administration, and President. Mr. Reardon received a B.S. in business from Oklahoma State University and is a graduate of the Southwestern Graduate School of Banking, Southern Methodist University in Dallas, Texas. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Lee, Larry | 981,413 |
| Austin, G. Les | 822,331 |
| Rampey, Larry | 729,893 |
| Smiley, Drake | 671,899 |
| Lane, Sean | -- |
| Marshall, Gerald | -- |
| Reardon, John | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Lee, Larry | 0 | 0 |
| Austin, G. Les | 0 | 0 |
| Rampey, Larry | 100,000 | 604,000 |
| Smiley, Drake | 100,000 | 604,000 |
| Lane, Sean | 0 | 0 |
| Marshall, Gerald | 0 | 0 |
| Reardon, John | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| RAMPEY LARRY G | 100,000 | $0.00 |
| GICALETTO SABRINA | 44,000 | $0.00 |
| LINDSEY VICKY L | 44,000 | $0.00 |
| SMILEY DRAKE N | 13,828 | $2.05 |
| AUSTIN GEORGE LESLIE | 19,074 | $2.05 |
| RAMPEY LARRY G | 14,305 | $2.05 |
| GICALETTO SABRINA | 7,057 | $2.05 |
| SMILEY DRAKE N | 100,000 | $0.00 |
| AUSTIN GEORGE LESLIE | 100,000 | $0.00 |
| LEE LARRY E | 100,000 | $0.00 |
| LANE SEAN P | 20,000 | $0.00 |
| REARDON JOHN MICHAEL | 20,000 | $0.00 |
| MARSHALL GERALD R | 20,000 | $0.00 |
| LEE LARRY E | 1,430,187 | $0.74 |
| BOWMAN BRITANI TALLEY | 1,417,419 | $0.74 |
| LEE LARRY E | 1,000,000 | $0.00 |
| LEE LARRY E | 1,000,000 | $0.00 |
| REARDON JOHN MICHAEL | 5,000 | $0.74 |
| REARDON JOHN MICHAEL | 11,100 | $0.64 |
| REARDON JOHN MICHAEL | 5,000 | $0.55 |
| GICALETTO SABRINA | 44,000 | $0.00 |
| SMILEY DRAKE N | 100,000 | $0.00 |
| RAMPEY LARRY G | 100,000 | $0.00 |
| LINDSEY VICKY L | 44,000 | $0.00 |
| AUSTIN GEORGE LESLIE | 100,000 | $0.00 |





