Phil Lancaster

Chief Executive Officer at Mammoth Energy Services Inc

Since January 1, 2025

Age

67 years

Education

Holds a Bachelor of Science degree from David Lipscomb College.

Tenure

Started in a leadership role at Mammoth Energy Services, progressing from Vice President of Corporate Development and interim President of its subsidiaries to being named CEO on January 1, 2025.

Also at Mammoth Energy Services Inc

Mark Layton

Chief Financial Officer

About

Phil Lancaster is a seasoned executive in the energy industry with over 20 years of experience. He has built a robust professional background through progressive roles in corporate development and executive leadership, establishing a track record of success in the energy sector.

Throughout his career at Mammoth Energy Services, he held key positions including Vice President of Corporate Development and interim President of critical infrastructure subsidiaries, before being promoted to the role of Chief Executive Officer on January 1, 2025. His journey at the company highlights his ability to oversee complex operations and drive strategic growth initiatives.

Beyond his corporate accomplishments, he has contributed actively to industry leadership, serving on several boards and applying his expertise to guide companies through challenging market conditions. His comprehensive approach to leadership and deep operational insights continue to shape the future direction of the organization.

$TUSK Performance Under Phil Lancaster

Past Roles

Organization	Role	Date Range	Details
Cobra Acquisitions LLC	Interim President	June 2019 - November 2019	Infrastructure subsidiary role at Mammoth
Higher Power Electrical LLC	Interim President	June 2019 - November 2019	Infrastructure subsidiary role at Mammoth
5 Star Electric LLC	Interim President	June 2019 - November 2019	Infrastructure subsidiary role at Mammoth
Mammoth Energy Services, Inc. (TUSK)	Vice President of Corporate Development	N/A	Previous executive role before becoming CEO
Mammoth Energy Partners LP	President	2014 - 2015	Previous leadership role within Mammoth
Redback Energy Services LLC	Chief Executive Officer	2011 - 2015	Served as CEO prior to joining Mammoth
Wexford Capital LP	Consultant	2010 - 2011	Focused on energy-related investments
Great White Energy Services, Inc.	Chief Executive Officer	2006 - 2010	Led the company as CEO
Gulfport Energy Corporation	Board Member	February 2006 - August 2006	Served on the board
Bronco Drilling Company, Inc.	Board Member	August 2005 - July 2006	Served on the board

Fixed Compensation

Data from FY 2025

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$350,000 per year	Annual	Fixed base salary as approved by the Compensation Committee
Monthly Bonus	$20,000 per month (Total: $240,000 annually)	Monthly	Bonus component approved for 2025

Performance Compensation

Data from FY 2025

No information available on performance compensation for 2025