California Resources Corporation (CRC)

48.40 +0.56 (+1.17%) At close: 04:00PM EDT

California Resources Corporation

1 World Trade Center
Suite 1500
Long Beach, CA 90831
United States
888 848 4754
https://www.crc.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 970

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Francisco J. Leon	CEO, President & Director	2.5M	N/A	1977
Mr. Manuela Molina	Executive VP & CFO	1.14M	N/A	N/A
Mr. Michael L. Preston	EVP, Chief Strategy Officer, Corporate Secretary & General Counsel	1.91M	N/A	1965
Mr. Jay A. Bys	Executive VP & Chief Commercial Officer	1.75M	N/A	1966
Mr. Chris D. Gould	Executive VP & Chief Sustainability Officer	1.79M	N/A	1971
Mr. Omar Hayat	Executive Vice President of Operations	N/A	N/A	1977
Ms. Noelle M. Repetti	Senior VP, Controller & Principal Accounting Officer	N/A	N/A	1970
Joanna Park	Vice President of Investor Relations	N/A	N/A	N/A
Richard Venn	Director of Communications	N/A	N/A	N/A
Ms. Alana A. Sotiri	Senior Vice President of People Operations	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.

Corporate governance

California Resources Corporation’s ISS governance QualityScore as of 1 September 2024 is 3. The pillar scores are Audit: 8; Board: 1; Shareholder rights: 4; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.