PowerBand Solutions Management
Management criteria checks 2/4
PowerBand Solutions' CEO is Jeff Morgan, appointed in Apr 2024, has a tenure of less than a year. directly owns 0.24% of the company’s shares, worth CA$40.50K. The average tenure of the management team and the board of directors is 3.1 years and 0.4 years respectively.
Key information
Jeff Morgan
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | 3.1yrs |
| Board average tenure | less than a year |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$31m |
| Jun 30 2023 | n/a | n/a | -CA$33m |
| Mar 31 2023 | n/a | n/a | -CA$25m |
| Dec 31 2022 | n/a | n/a | -CA$27m |
| Sep 30 2022 | n/a | n/a | -CA$21m |
| Jun 30 2022 | n/a | n/a | -CA$19m |
| Mar 31 2022 | n/a | n/a | -CA$18m |
| Dec 31 2021 | CA$162k | CA$162k | -CA$15m |
| Sep 30 2021 | n/a | n/a | -CA$10m |
| Jun 30 2021 | n/a | n/a | -CA$10m |
| Mar 31 2021 | n/a | n/a | -CA$10m |
| Dec 31 2020 | CA$594k | CA$586k | -CA$10m |
| Sep 30 2020 | n/a | n/a | -CA$10m |
| Jun 30 2020 | n/a | n/a | -CA$10m |
| Mar 31 2020 | n/a | n/a | -CA$9m |
| Dec 31 2019 | CA$259k | CA$256k | -CA$7m |
Compensation vs Market: Insufficient data to establish whether Jeff's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Morgan
less than a year
Tenure
CA$161,988
Compensation
Mr. Jeff A. Morgan is Chief Executive Officer and Director of PowerBand Solutions Inc. from April 2024. Mr. Morgan founded MUSA Financial, LLC (formerly known as Mortgages USA). Mr. Morgan was the CEO of M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 1.9yrs | CA$234.90k | 0.91% CA$ 151.3k | |
| CFO & Director | 3.3yrs | CA$150.00k | 0.080% CA$ 13.3k | |
| CEO & Director | less than a year | CA$161.99k | 0.24% CA$ 40.5k | |
| Chief Technology Officer | no data | no data | 0.045% CA$ 7.5k | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Sales | no data | no data | no data | |
| Chief Revenue Officer of DRIVRZ Financial | 3yrs | no data | no data | |
| President of DRIVRZ Financial | 3.2yrs | no data | no data | |
| Consultant | 5.9yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: PBX's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 5.1yrs | CA$234.90k | 0.91% CA$ 151.3k | |
| CFO & Director | less than a year | CA$150.00k | 0.080% CA$ 13.3k | |
| CEO & Director | less than a year | CA$161.99k | 0.24% CA$ 40.5k | |
| Chairman of the Board | 1.9yrs | no data | 14.28% CA$ 2.4m | |
| Director | less than a year | no data | no data |
0.4yrs
Average Tenure
Experienced Board: PBX's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.