SPARQ Systems Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Praveen Jain
Chief executive officer
CA$300.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 13.9% |
| Management average tenure | no data |
| Board average tenure | 2.9yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | n/a | n/a | -CA$5m |
| Dec 31 2023 | CA$300k | CA$300k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$4m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$4m |
| Dec 31 2022 | CA$300k | CA$300k | -CA$4m |
| Sep 30 2022 | n/a | n/a | -CA$10m |
| Jun 30 2022 | n/a | n/a | -CA$9m |
| Mar 31 2022 | n/a | n/a | -CA$8m |
| Dec 31 2021 | CA$4m | CA$140k | -CA$8m |
| Sep 30 2021 | n/a | n/a | -CA$1m |
| Dec 31 2020 | CA$458k | CA$133k | -CA$1m |
Compensation vs Market: Praveen's total compensation ($USD214.63K) is about average for companies of similar size in the Canadian market ($USD169.25K).
Compensation vs Earnings: Praveen's compensation has been consistent with company performance over the past year.
CEO
Praveen Jain
2.9yrs
Tenure
CA$300,000
Compensation
Dr. Praveen K. Jain serves as Chief Executive Officer and since December 31, 2021 as a Director at SPARQ Systems Inc. (formerly known as SPARQ Corp.) and is a Founder. He is also a Professor and Canada Res...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | CA$300.00k | 13.91% CA$ 11.4m | |
| Independent Chairman of the Board | 2.9yrs | no data | 0.35% CA$ 284.0k | |
| Independent Director | 2.9yrs | no data | 2.03% CA$ 1.7m | |
| Director | less than a year | no data | 2.16% CA$ 1.8m | |
| Director | 2.9yrs | no data | 5.5% CA$ 4.5m | |
| Independent Director | 2.8yrs | no data | no data |
2.9yrs
Average Tenure
Experienced Board: SPRQ's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.