Magnetic North Acquisition Management
Management criteria checks 4/4
Magnetic North Acquisition's CEO is Kevin Spall, appointed in Oct 2019, has a tenure of 4.5 years. total yearly compensation is CA$150.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 28.94% of the company’s shares, worth CA$1.54M. The average tenure of the management team and the board of directors is 4.5 years and 4.4 years respectively.
Key information
Kevin Spall
Chief executive officer
CA$150.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.5yrs |
| CEO ownership | 28.9% |
| Management average tenure | 4.5yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$10m |
| Jun 30 2023 | n/a | n/a | -CA$5m |
| Mar 31 2023 | n/a | n/a | -CA$6m |
| Dec 31 2022 | CA$150k | CA$150k | -CA$6m |
| Sep 30 2022 | n/a | n/a | CA$2m |
| Jun 30 2022 | n/a | n/a | -CA$3m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$150k | CA$150k | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$12m |
| Jun 30 2021 | n/a | n/a | -CA$12m |
| Mar 31 2021 | n/a | n/a | -CA$13m |
| Dec 31 2020 | CA$284k | CA$223k | -CA$13m |
Compensation vs Market: Kevin's total compensation ($USD109.55K) is below average for companies of similar size in the Canadian market ($USD174.90K).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
CEO
Kevin Spall
4.5yrs
Tenure
CA$150,000
Compensation
Mr. Kevin Spall was Director at Magnetic North Acquisition Corp. (formerly known as Black Bull Resources Inc.). since August 2, 2018. Mr. Spall is the Co-Chief Executive Officer & Director at Magnetic Nort...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Director | 4.5yrs | CA$150.00k | 28.94% CA$ 1.5m | |
| Co-CEO & Director | 4.5yrs | CA$150.00k | 28.94% CA$ 1.5m | |
| Chief Financial Officer | 1.1yrs | no data | no data |
4.5yrs
Average Tenure
Experienced Management: MNC's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Director | 4.5yrs | CA$150.00k | 28.94% CA$ 1.5m | |
| Co-CEO & Director | 4.5yrs | CA$150.00k | 28.94% CA$ 1.5m | |
| Independent Chairman of the Board | 4.5yrs | no data | 8.66% CA$ 460.8k | |
| Independent Director | 4.3yrs | no data | no data | |
| Independent Director | 4.5yrs | no data | 0.017% CA$ 899.9 | |
| Member of Board of Advisors | 3.7yrs | no data | no data | |
| Member of Board of Advisors | 3.5yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
4.4yrs
Average Tenure
Experienced Board: MNC's board of directors are considered experienced (4.4 years average tenure).