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Phil Frohlich

Interim Chief Executive Officer at UNIT
Board
Since April 1, 2023
Age
68 years
Education
Earned a B.B.A. in Economics from the University of Oklahoma in 1976, an M.B.A. from the University of Texas at Austin in 1980, and a J.D. from the University of Tulsa in 1993.
Tenure
Joined UNTC's Board of Directors on September 3, 2020 and was appointed as Interim Chief Executive Officer effective April 1, 2023.
Other Roles
Founder and Managing Partner, Prescott Capital Management

Also at UNIT

AEH
Andrew E. Harding
Vice President, Secretary, and General Counsel
CKM
Christopher K. Menefee
President of Unit Drilling Company
TDS
Thomas D. Sell
Chief Financial Officer and Controller

About

Phil Frohlich has built a robust career in business through a series of leadership roles in both the finance and corporate sectors. He founded Prescott Capital Management in 1992, a hedge fund that focuses on small and mid-cap stocks, and previously served as President of Siegfried Companies Inc. as well as a tax principal at Ernst & Young.

At UNTC, he joined as a member of the Board of Directors on September 3, 2020 and later advanced to the role of Interim Chief Executive Officer, effective April 1, 2023, following the resignation of his predecessor.

Throughout his career, his background in accounting, investment management, and legal affairs has enabled him to bring a balanced perspective to his leadership roles. His professional journey reflects a commitment to strategic governance and operational excellence, attributes that continue to support his interim stewardship at UNTC.

$UNTC Performance Under Phil Frohlich

Fixed Compensation

Data from  FY 2022
Component NameAmountPayment ScheduleAdditional Details
Annual Retainer$65,000 AnnualFixed cash fee for board service
Committee Membership (Audit)$10,000 AnnualAdditional compensation for serving on the Audit Committee
Reimbursement for ExpensesN/AAs IncurredReimbursement for expenses incurred attending stockholder, board, and committee meetings

Performance Compensation

Data from  FY 2022

No information available on performance compensation for 2022