Grounded Lithium Corp.

TSXV:GRD Stock Report

Market Cap: CA$4.7m

Grounded Lithium Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Gregg Smith

Chief executive officer

CA$115.4k

Total compensation

CEO salary percentage95.3%
CEO tenure4.1yrs
CEO ownership3.0%
Management average tenureno data
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gregg Smith's remuneration changed compared to Grounded Lithium's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$115kCA$110k

-CA$4m

Sep 30 2023n/an/a

-CA$6m

Jun 30 2023n/an/a

-CA$8m

Mar 31 2023n/an/a

-CA$8m

Dec 31 2022CA$164kCA$140k

-CA$7m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$14kn/a

-CA$2m

Compensation vs Market: Gregg's total compensation ($USD82.64K) is below average for companies of similar size in the Canadian market ($USD170.32K).

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

CEO

Gregg Smith

4.1yrs

Tenure

CA$115,400

Compensation

Mr. Gregg Smith is President, CEO & Director of VAR Resources Corp. (formerly known as Grounded Lithium Corp) from October 26, 2020. Mr. Gregg Smith was Senior Vice President and Chief Operating Officer of...

Board Members

NamePositionTenureCompensationOwnership
Gregg Smith
President4.1yrsCA$115.40k3.01%
CA$ 141.5k
Greg Phaneuf
Senior VP of Corporate Development4.1yrsCA$116.28k2.14%
CA$ 100.3k
David Antony
Independent Director2.3yrsCA$12.50k0.064%
CA$ 3.0k
John Wright
Independent Chairman2.3yrsCA$12.50k0.83%
CA$ 38.9k
Mark McMurray
Independent Director2.3yrsCA$12.50k0.89%
CA$ 41.7k

2.3yrs

Average Tenure

61yo

Average Age

Experienced Board: GRD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.