Mammoth Energy Services sets CEO Phil Lancaster's compensation: $350K salary plus $20K monthly bonus

MAMMOTH ENERGY SERVICES, INC.

Phil Lancaster named CEO effective Jan 1, 2025; compensation approved Feb 10, 2025.
Base salary of $350,000 per year.
Monthly bonus of $20,000 ($240,000 annualized).
Total annual cash compensation opportunity: $590,000.
Compensation Committee approved retroactively effective Jan 1, 2025.

item 5.02

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Appointed

Phil Lancaster

Chief Executive Officer

TUSK · MAMMOTH ENERGY SERVICES, INC.

Effective: 2025-01-01
Filed: February 13, 2025, 6:59 PM ET

effective as of January 1, 2025, Phil Lancaster transitioned into the role of the Company’s Chief Executive Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Phil Lancaster was appointed as Chief Executive Officer at MAMMOTH ENERGY SERVICES, INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

effective as of January 1, 2025, Phil Lancaster transitioned into the role of the Company’s Chief Executive Officer.

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MAMMOTH ENERGY SERVICES, INC. filing history →

Source: SEC EDGAR

accession 0001679268-25-000003

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