Financial Performance and Strategic Outlook
Experienced and Well Aligned Management Team with
Strong Industry Relationships
■ Management is well incentivized as it owns approximately 20% of the business
■ Over 80% of executive compensation deemed “at risk”
■ Performance-based stock compensation tied to Return on Capital Employed ("ROCE")
■ Management team has built the foundation of this company over four decades
■Track record of building and successfully monetizing similar businesses
G
■ Strength of leadership and loyalty is attested by management and operating teams that joined from
past ventures
1959
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
Joel Bender
appointed Vice
President of
ICC sold to
I Cooper Cameron
I Corporation
CWE (1984)
Scott Bender
appointed
President of
Wellhead
CWE Merges with Ingram
Petroleum Services, forming
Ingram Cactus
Cactus
Cactus
Pipe
founded
Equipment
(1959)
("CWE"), a
subsidiary of
Cactus Pipe
(1977)
I (1996)
CAMERON
I
A Schlumberger Company
Scott Bender
leaves WGPC
(2010)
Cactus, Inc.
IPO (2018)
Company ("ICC")
■ Scott and Joel Bender
become President
and VP Operations,
respectively, of
ICC (1986)
Scott and Joel
Bender appointed
President and SVP,
respectively, of
Wood Group
Pressure Control
("WGPC")
Steven Bender
appointed
Rental
Business
Manager of
WGPC (2005)
WGPC
I Sold to GE
I Oil and
Gas (2011)
I
GE GE Oil & Gas
Scott and
Joel Bender
found
Cactus LLC
with 18 key
managers
(2011)
Cactus, Inc.
initiates
regular
quarterly
dividend
(2019)
WOOD GROUP
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