NovaGold Resources Management
Management criteria checks 1/4
NovaGold Resources' CEO is Greg Lang, appointed in Jan 2012, has a tenure of 12.92 years. total yearly compensation is $5.15M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth ARS6.83B. The average tenure of the management team and the board of directors is 0.9 years and 5.1 years respectively.
Key information
Greg Lang
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 12.9yrs |
| CEO ownership | 0.6% |
| Management average tenure | less than a year |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -US$45m |
| May 31 2024 | n/a | n/a | -US$46m |
| Feb 29 2024 | n/a | n/a | -US$46m |
| Nov 30 2023 | US$5m | US$836k | -US$47m |
| Aug 31 2023 | n/a | n/a | -US$49m |
| May 31 2023 | n/a | n/a | -US$54m |
| Feb 28 2023 | n/a | n/a | -US$54m |
| Nov 30 2022 | US$5m | US$806k | -US$53m |
| Aug 31 2022 | n/a | n/a | -US$51m |
| May 31 2022 | n/a | n/a | -US$47m |
| Feb 28 2022 | n/a | n/a | -US$43m |
| Nov 30 2021 | US$5m | US$804k | -US$41m |
| Aug 31 2021 | n/a | n/a | -US$37m |
| May 31 2021 | n/a | n/a | -US$38m |
| Feb 28 2021 | n/a | n/a | -US$35m |
| Nov 30 2020 | US$5m | US$781k | -US$34m |
| Aug 31 2020 | n/a | n/a | -US$34m |
| May 31 2020 | n/a | n/a | -US$30m |
| Feb 29 2020 | n/a | n/a | -US$28m |
| Nov 30 2019 | US$4m | US$760k | -US$28m |
| Aug 31 2019 | n/a | n/a | -US$26m |
| May 31 2019 | n/a | n/a | -US$26m |
| Feb 28 2019 | n/a | n/a | -US$30m |
| Nov 30 2018 | US$5m | US$760k | -US$31m |
Compensation vs Market: Greg's total compensation ($USD5.15M) is above average for companies of similar size in the AR market ($USD287.05K).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
CEO
Greg Lang (69 yo)
12.9yrs
Tenure
US$5,148,848
Compensation
Mr. Gregory A. Lang, also known as Greg, has been the Chief Executive Officer and President of NovaGold Resources Inc. since January 9, 2012 and has been its Director since 2012. Mr. Lang has extensive div...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.9yrs | US$5.15m | 0.61% ARS 6.8b | |
| CFO & VP | less than a year | no data | 0.00050% ARS 5.6m | |
| VP & COO | less than a year | no data | 0.13% ARS 1.5b | |
| Manager of Investor Relations | less than a year | no data | no data | |
| VP & General Counsel | less than a year | no data | 0.0010% ARS 11.6m | |
| Vice President of Corporate Communications | 12.8yrs | no data | 0.10% ARS 1.2b | |
| Corporate Secretary | 7.9yrs | no data | no data |
0.9yrs
Average Tenure
57yo
Average Age
Experienced Management: NG's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.7yrs | US$5.15m | 0.61% ARS 6.8b | |
| Non-Independent Chairman of the Board | 13.1yrs | US$321.89k | 0.14% ARS 1.6b | |
| Independent Director | 17.9yrs | US$217.19k | 0.024% ARS 270.5m | |
| Independent Director | 6.6yrs | US$198.49k | 0.0036% ARS 40.1m | |
| Independent Director | 1.6yrs | US$236.85k | no data | |
| Independent Director | 5.6yrs | US$207.29k | 0.0071% ARS 79.7m | |
| Independent Director | 1.6yrs | US$244.55k | no data | |
| Independent Director | 1.6yrs | US$247.61k | 0.0039% ARS 44.4m | |
| Independent Lead Director | 4.6yrs | US$216.09k | 0.0072% ARS 80.8m | |
| Independent Director | 2.6yrs | US$199.59k | no data |
5.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: NG's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:29 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
NovaGold Resources Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Hayes | BMO Capital Markets Equity Research |
| Lucas Pipes | B. Riley Securities, Inc. |
| David Stein | Cormark Securities Inc. |