New Wave Holdings Management
Management criteria checks 2/4
New Wave Holdings' CEO is Sunny Ray, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is CA$40.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 5.69% of the company’s shares, worth CA$61.18K. The average tenure of the management team and the board of directors is 1.1 years and 4.4 years respectively.
Key information
Sunny Ray
Chief executive officer
CA$40.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 5.7% |
| Management average tenure | 1.1yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$2m |
| Mar 31 2024 | CA$40k | CA$40k | -CA$2m |
Compensation vs Market: Sunny's total compensation ($USD28.52K) is below average for companies of similar size in the Canadian market ($USD166.75K).
Compensation vs Earnings: Insufficient data to compare Sunny's compensation with company performance.
CEO
Sunny Ray
less than a year
Tenure
CA$40,000
Compensation
Mr. Sunny Ray has been Director of New Wave Holdings Corp. since October 24, 2023 & serves as it's CEO since March 5, 2024. Mr. Ray is Founder and Chief Executive Officer of Rosey.ai. He has a rich foundat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$40.00k | 5.69% CA$ 61.2k | |
| CFO & Director | 4.4yrs | CA$48.00k | no data | |
| Corporate Secretary | 1.1yrs | no data | no data |
1.1yrs
Average Tenure
Experienced Management: NWAI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | CA$40.00k | 5.69% CA$ 61.2k | |
| CFO & Director | 4.2yrs | CA$48.00k | no data | |
| Independent Director | 4.4yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | 4.8yrs | no data | no data | |
| Member of Advisory Board | 4.8yrs | no data | no data | |
| Member of Advisory Board | 4.5yrs | no data | no data | |
| Member of Psychedelic Research Advisory Board | 4.4yrs | no data | no data | |
| Member of Psychedelic Research Advisory Board | 4.3yrs | no data | no data | |
| Member of Scientific Advisory Board | 3.8yrs | no data | no data |
4.4yrs
Average Tenure
46yo
Average Age
Experienced Board: NWAI's board of directors are considered experienced (4.4 years average tenure).