Jeremy Sussman is the Chief Financial Officer of Ramaco Resources, Inc., where he has been making a mark since 2019. With a solid educational background from Georgetown University, Sussman graduated from the McDonough School of Business in 2005. Before joining...

Jeremy Sussman is the Chief Financial Officer of Ramaco Resources, Inc., where he has been making a mark since 2019. With a solid educational background from Georgetown University, Sussman graduated from the McDonough School of Business in 2005. Before joining Ramaco, he worked as a top mining and metals analyst at Clarksons Platou Securities, which gave him deep insights into the coal industry. Jeremy's expertise is particularly valuable in the current market, where coal remains a significant resource. In 2023, he earned a total compensation of about $3.67 million, which reflects his role in guiding the company as it navigates various challenges. His connection to Ramaco wasn't random; he is well-versed in the industry's past, present, and potential future. Sussman has been active in insider trading, showcasing confidence in his position at Ramaco, with stock value fluctuations ranging from $3.85 million to over $8 million in just one year. This healthy involvement in the market underscores his strategic mindset and understanding of his company's value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Ramaco Resources CEOs

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Jeremy Sussman

Ex-CEO of Ramaco Resources

Education

Graduated from Georgetown University's McDonough School of Business in 2005.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

January 1, 1985 - 40 years ago

CEO of Ramaco Resources for

2 years 7 months (Jun 2021 - Jan 2024)

Previous Experience

Managing Director – Mining and Metals at Clarksons Platou Securities; extensive knowledge of the coal industry.

Rivals

Competitors/colleagues of Jeremy Sussman

Holdings

See how much did Jeremy Sussman make over time.

Jeremy Sussman’s insider trading activity reflects his deep involvement with Ramaco Resources, Inc. His holdings have experienced notable fluctuations this year, showcasing his confidence in the company's potential. For instance, he started with an estimated value of $3.85 million in...

Jeremy Sussman’s insider trading activity reflects his deep involvement with Ramaco Resources, Inc. His holdings have experienced notable fluctuations this year, showcasing his confidence in the company's potential. For instance, he started with an estimated value of $3.85 million in June 2023 and saw that amount grow to $8.27 million by January 2024. This rise illustrates a consistent and strategic approach, peaking at $7.16 million in December 2023 before slightly declining. Sussman's ability to navigate the ups and downs of his holdings indicates a sharp understanding of both the market and company dynamics, making his financial expertise crucial for Ramaco's direction and growth.

Mar 17, 2025

M

shares

METC @ $9.25

Insider Trading

See recent insider trades of Jeremy Sussman.

METC

448,383 shares

METC

Jun 30, 2023

Received

METCB

89,676 shares

METCB

Jun 30, 2023

Received

METC

14,445 shares

METC

Dec 30, 2022

Received

METC

206,070 shares

METC

Feb 16, 2021

Received

METC

185,294 shares

METC

Apr 16, 2020

Received

METC

185,294 shares

METC

Feb 18, 2020

Received

METC

3,656 shares

METC

Dec 10, 2019

Received

METC

$25.00K

METC at $4.00/share

Aug 23, 2019

Purchase

METC

73,126 shares

METC

Jun 3, 2019

Received

Compensation History

See how much did Jeremy Sussman make over time.

In 2023, Jeremy Sussman’s total compensation package at Ramaco Resources amounted to approximately $3.67 million. This included a base salary of $610,000 and a cash bonus of $380,640, linked to his performance and the company’s success. His compensation also reflected the target bonus structure, where he had the potential to earn up to 150% of his base salary based on performance metrics like adjusted EBITDA and safety compliance. However, Sussman did not receive any vested stock awards this past year as his long-term incentives are tied to future performance. This compensation strategy aligns his interests with those of the shareholders, reinforcing the goal of personal and company-wide growth. His financial acumen, combined with the competitive compensation package, highlights the importance of leadership that is attuned to both performance drivers and shareholder expectations.

Year

2023

Total Compensation

$1.00M

Salary

$610.00K

Board Justification

The compensation philosophy of Ramaco Resources is designed to attract and retain talented executives, reward performance, and align the interests of executives with those of shareholders. The program includes a mix of base salary, annual cash incentives, and long-term equity-based compensation.

Bonus

$380.64K

Board Justification

The annual cash bonuses are intended to offer incentive compensation by rewarding the achievement of corporate and individual performance objectives. For fiscal year 2023, the Compensation Committee established the target percentage amounts for the annual incentive cash bonuses for each of our Named Executive Officers, with Jeremy Sussman having a target bonus of 150% of his base salary.

Other

$13.20K

Board Justification

This amount reflects employer contributions made pursuant to the Company’s 401(k) plan to Jeremy Sussman.

Restricted Stock

$0.00(0 RSUs and PSUs)

Board Justification

No stock awards vested in 2023 as the RSUs and PSUs granted are subject to future vesting schedules.

Performance Metrics

The performance metrics for determining the annual bonus included Adjusted EBITDA, cash mine costs per ton sold, safety compliance, and environmental compliance.

Other Ramaco Resources CEOs

Here are other CEOs of Ramaco Resources

Randall W. Atkins

Founder and Ex-CEO of Ramaco Resources

January 2015 - June 2021

Evan H. Jenkins

CEO of Ramaco Resources

January 2024 - Present