Avante Management
Management criteria checks 1/4
Avante's CEO is Manny Mounouchos, appointed in Apr 2022, has a tenure of 2.08 years. total yearly compensation is CA$650.00K, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 9.6% of the company’s shares, worth CA$2.17M. The average tenure of the management team and the board of directors is 2 years and 1.8 years respectively.
Key information
Manny Mounouchos
Chief executive officer
CA$650.0k
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 2yrs |
| CEO ownership | 9.6% |
| Management average tenure | 2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Are Investors Undervaluing Avante Logixx Inc. (CVE:XX) By 43%?
Feb 10
Does Avante Logixx (CVE:XX) Have A Healthy Balance Sheet?
Nov 29Is Avante Logixx (CVE:XX) A Risky Investment?
May 20How Does Avante Logixx's (CVE:XX) CEO Pay Compare With Company Performance?
Feb 24Would Avante Logixx (CVE:XX) Be Better Off With Less Debt?
Jan 20
Trade Alert: The Independent Chairman Of Avante Logixx Inc. (CVE:XX), Samuel Duboc, Has Just Spent CA$63k Buying 25% More Shares
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$3m |
| Sep 30 2023 | n/a | n/a | -CA$4m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | CA$650k | CA$325k | -CA$4m |
| Dec 31 2022 | n/a | n/a | -CA$4m |
| Sep 30 2022 | n/a | n/a | -CA$2m |
| Jun 30 2022 | n/a | n/a | -CA$5m |
| Mar 31 2022 | CA$312k | CA$312k | -CA$6m |
| Dec 31 2021 | n/a | n/a | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$7m |
| Jun 30 2021 | n/a | n/a | -CA$4m |
| Mar 31 2021 | CA$167k | CA$167k | -CA$4m |
Compensation vs Market: Manny's total compensation ($USD475.75K) is above average for companies of similar size in the Canadian market ($USD175.11K).
Compensation vs Earnings: Manny's compensation has increased whilst the company is unprofitable.
CEO
Manny Mounouchos (60 yo)
2yrs
Tenure
CA$650,000
Compensation
Mr. Emmanuel Mounouchos, also known as Manny, founded Avante Security Corp., in 1996 and served as its President and Chief Executive Officer. He serves as Director since March 30, 2022 at Avante Logixx Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 2yrs | CA$650.00k | 9.6% CA$ 2.2m | |
| Chief Financial Officer | 1.6yrs | CA$153.56k | no data | |
| Chief of Staff | 2.3yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Management: XX's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 2.1yrs | CA$650.00k | 9.6% CA$ 2.2m | |
| Independent Director | 1.8yrs | CA$36.82k | 3.14% CA$ 711.4k | |
| Independent Director | 1.8yrs | CA$35.19k | no data | |
| Independent Director | 1.2yrs | CA$4.76k | no data | |
| Independent Director | 2.1yrs | CA$50.00k | 1.54% CA$ 348.5k |
1.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: XX's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.