Scott Bender has been the driving force at Cactus, Inc. since 2011, first as President and then as CEO. On August 1, 2023, he took on a new role as Chairman of the Board, alongside his duties as CEO. With...
Scott Bender has been the driving force at Cactus, Inc. since 2011, first as President and then as CEO. On August 1, 2023, he took on a new role as Chairman of the Board, alongside his duties as CEO. With a keen focus on energy, Scott leads a company that emphasizes performance-driven strategies, aiming to align executive pay with the company’s success. His compensation reflects a reliance on cash bonuses tied directly to metrics like Adjusted EBITDA. In 2023, Scott earned a total compensation of $2,871,666, signaling a strong focus on measurable results. His long tenure has provided stability and experience as he heads a company that prioritizes both safety and financial performance. Notably, in 2023, he gained significant shareholder value from stock awards, showcasing a track record of creating value for stakeholders. The Bender family is also a notable feature of the leadership team, with Scott's son, Steven Bender, and brother, Joel Bender, playing key roles in the company. This unique family dynamic might be part of what drives the company's cohesive vision.