Hillcrest Energy Technologies Management
Management criteria checks 2/4
Hillcrest Energy Technologies' CEO is Don Currie, appointed in Jul 2010, has a tenure of 13.83 years. total yearly compensation is CA$337.50K, comprised of 71.1% salary and 28.9% bonuses, including company stock and options. directly owns 4.01% of the company’s shares, worth CA$855.13K. The average tenure of the management team and the board of directors is 2.4 years and 6.4 years respectively.
Key information
Don Currie
Chief executive officer
CA$337.5k
Total compensation
| CEO salary percentage | 71.1% |
| CEO tenure | 13.8yrs |
| CEO ownership | 4.0% |
| Management average tenure | 2.4yrs |
| Board average tenure | 6.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$8m |
| Sep 30 2023 | n/a | n/a | -CA$8m |
| Jun 30 2023 | n/a | n/a | -CA$8m |
| Mar 31 2023 | n/a | n/a | -CA$7m |
| Dec 31 2022 | CA$338k | CA$240k | -CA$6m |
| Sep 30 2022 | n/a | n/a | -CA$6m |
| Jun 30 2022 | n/a | n/a | -CA$5m |
| Mar 31 2022 | n/a | n/a | -CA$12m |
| Dec 31 2021 | CA$228k | CA$188k | -CA$11m |
| Sep 30 2021 | n/a | n/a | -CA$10m |
| Jun 30 2021 | n/a | n/a | -CA$10m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$190k | CA$190k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$945k |
| Mar 31 2020 | n/a | n/a | -CA$1m |
| Dec 31 2019 | CA$112k | CA$112k | -CA$1m |
| Sep 30 2019 | n/a | n/a | -CA$2m |
| Jun 30 2019 | n/a | n/a | -CA$2m |
| Mar 31 2019 | n/a | n/a | -CA$2m |
| Dec 31 2018 | CA$145k | CA$145k | -CA$2m |
| Sep 30 2018 | n/a | n/a | -CA$1m |
| Jun 30 2018 | n/a | n/a | -CA$2m |
| Mar 31 2018 | n/a | n/a | -CA$2m |
| Dec 31 2017 | CA$27k | CA$27k | CA$5m |
Compensation vs Market: Don's total compensation ($USD246.71K) is above average for companies of similar size in the Canadian market ($USD175.48K).
Compensation vs Earnings: Don's compensation has increased whilst the company is unprofitable.
CEO
Don Currie (61 yo)
13.8yrs
Tenure
CA$337,500
Compensation
Mr. Donald J. Currie, also known as Don, has been the Chief Executive Officer of Hillcrest Energy Technologies Ltd. (formerly known as Hillcrest Petroleum Ltd.) since July 10, 2010 and serves as its Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.8yrs | CA$337.50k | 4.01% CA$ 855.1k | |
| COO & Corporate Secretary | 2.7yrs | CA$286.25k | 0.17% CA$ 36.8k | |
| Chief Technology Officer | 3yrs | CA$273.13k | 1.84% CA$ 393.2k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief MD | 2.1yrs | no data | no data | |
| Chief Commercialization Officer | 1.6yrs | no data | no data | |
| Consultant | no data | no data | no data |
2.4yrs
Average Tenure
Experienced Management: HEAT's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.8yrs | CA$337.50k | 4.01% CA$ 855.1k | |
| Independent Director | 11.5yrs | CA$122.50k | 0.27% CA$ 58.1k | |
| Independent Chairman of the Board | 2.7yrs | CA$25.00k | 0.94% CA$ 201.1k | |
| Independent Director | 2yrs | CA$14.58k | 0.11% CA$ 22.6k | |
| Director | 10.5yrs | CA$217.50k | 2.52% CA$ 537.8k | |
| Independent Director | 6.4yrs | CA$26.25k | 0.65% CA$ 138.0k | |
| Independent Director | 3.1yrs | CA$30.50k | 0.027% CA$ 5.7k |
6.4yrs
Average Tenure
61yo
Average Age
Experienced Board: HEAT's board of directors are considered experienced (6.4 years average tenure).