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...

Current Market Cap

$4.29B

Number of Employees

1.6K

Total Compensation

2019 - 2023

Trending down by -64.33% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 12.75% last year

Bonus

Up by 0.00% last year

Other

Up by 5.16% last year

Year

2023

Total Compensation

$919.94K

Salary

$442.31K

Board Justification

The compensation philosophy focuses on performance-based pay to align with company strategy and shareholder interests, with a significant portion of compensation being at-risk.

Bonus

$448.04K

Board Justification

Annual cash bonus based on performance metrics including Adjusted EBITDA, Operating Capital Employed divided by revenue, and total recordable incident rate.

Other

$29.59K

Board Justification

Includes contributions to 401(k) plan and vehicle allowance.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023 as the focus is on cash compensation and performance metrics for the year.

Performance Metrics

Adjusted EBITDA, Operating Capital Employed divided by revenue, and total recordable incident rate.

SEC Filing

From March 28, 2024

Scott Bender

Founder and Ex-CEO of Cactus

SB

Education

Not specified

Field of Expertise

Energy & Utilities - Energy

Born

January 1, 1954 - 70 years ago

Is Founder?

Yes

Tenure

12 years 5 months (Feb 2011 - Aug 2023)

Previous Experience

President and Chief Executive Officer at Cactus, Inc. since inception; various leadership roles in the oil and gas industry.