Forward Water Technologies Corp.

TSXV:FWTC Stock Report

Market Cap: CA$1.8m

Forward Water Technologies Management

Management criteria checks 3/4

Forward Water Technologies' CEO is Charles Honeyman, appointed in Jul 2015, has a tenure of 8.92 years. total yearly compensation is CA$194.00K, comprised of 92.8% salary and 7.2% bonuses, including company stock and options. directly owns 2.21% of the company’s shares, worth CA$39.31K. The average tenure of the management team and the board of directors is 4.8 years and 2.7 years respectively.

Key information

Charles Honeyman

Chief executive officer


Total compensation

CEO salary percentage92.8%
CEO tenure8.9yrs
CEO ownership2.2%
Management average tenure4.8yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charles Honeyman's remuneration changed compared to Forward Water Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a


Sep 30 2023n/an/a


Jun 30 2023n/an/a


Mar 31 2023CA$194kCA$180k


Dec 31 2022n/an/a


Sep 30 2022n/an/a


Jun 30 2022n/an/a


Mar 31 2022CA$194kCA$180k


Dec 31 2021n/an/a


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021CA$194kCA$180k


Mar 31 2020CA$688kCA$180k


Compensation vs Market: Charles's total compensation ($USD141.11K) is about average for companies of similar size in the Canadian market ($USD175.93K).

Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.


Charles Honeyman (59 yo)





Dr. Honeyman is CEO, President & Director of Forward Water Technologies Corp. from October 20, 2021. Dr. Honeyman was CEO & President of Forward Water Technologies Corp. from July 2015 to October 20, 2021....

Leadership Team

Charles Honeyman
CEO, President & Director8.9yrsCA$194.00k2.21%
CA$ 39.3k
Michael Willetts
Chief Financial Officer2.7yrsCA$38.76kno data
Wayne Maddever
COO & Director4.8yrsno data0.21%
CA$ 3.7k
Grant Thornley
Vice President Engineering Solution-Salesno dataCA$152.25kno data


Average Tenure


Average Age

Experienced Management: FWTC's management team is considered experienced (4.8 years average tenure).

Board Members

Charles Honeyman
CEO, President & Director2.7yrsCA$194.00k2.21%
CA$ 39.3k
Wayne Maddever
COO & Director2.7yrsno data0.21%
CA$ 3.7k
Gerald Goldberg
Independent Director2.7yrsCA$35.46kno data
Lea Ray
Independent Chairman of the Board2.7yrsCA$34.29k0.24%
CA$ 4.4k
John Koehle
Independent Director5.4yrsno datano data


Average Tenure


Average Age

Experienced Board: FWTC's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

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