AKITA Drilling Management
Management criteria checks 2/4
AKITA Drilling's CEO is Colin Dease, appointed in Jun 2022, has a tenure of 2.42 years. total yearly compensation is CA$1.04M, comprised of 33.9% salary and 66.1% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth CA$290.88K. The average tenure of the management team and the board of directors is 5 years and 13.3 years respectively.
Key information
Colin Dease
Chief executive officer
CA$1.0m
Total compensation
| CEO salary percentage | 33.9% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5yrs |
| Board average tenure | 13.3yrs |
Recent management updates
Recent updates
Take Care Before Diving Into The Deep End On AKITA Drilling Ltd. (TSE:AKT.A)
Sep 24
AKITA Drilling Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 09We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 31Here's Why AKITA Drilling (TSE:AKT.A) Has A Meaningful Debt Burden
Mar 05Market Cool On AKITA Drilling Ltd.'s (TSE:AKT.A) Revenues
Jan 25The Return Trends At AKITA Drilling (TSE:AKT.A) Look Promising
Nov 08Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Jul 12We Think That There Are Issues Underlying AKITA Drilling's (TSE:AKT.A) Earnings
Mar 27Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Sep 23AKITA Drilling (TSE:AKT.A) Has Debt But No Earnings; Should You Worry?
Jun 15Is AKITA Drilling (TSE:AKT.A) Using Too Much Debt?
Nov 04Is AKITA Drilling (TSE:AKT.A) Weighed On By Its Debt Load?
Jul 22Does AKITA Drilling (TSE:AKT.A) Have A Healthy Balance Sheet?
Apr 08Is AKITA Drilling (TSE:AKT.A) Using Debt In A Risky Way?
Dec 24
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | CA$5m |
| Mar 31 2024 | n/a | n/a | CA$12m |
| Dec 31 2023 | CA$1m | CA$351k | CA$18m |
| Sep 30 2023 | n/a | n/a | CA$28m |
| Jun 30 2023 | n/a | n/a | CA$27m |
| Mar 31 2023 | n/a | n/a | CA$17m |
| Dec 31 2022 | CA$730k | CA$280k | CA$4m |
| Sep 30 2022 | n/a | n/a | -CA$9m |
| Jun 30 2022 | n/a | n/a | -CA$18m |
| Mar 31 2022 | n/a | n/a | -CA$20m |
| Dec 31 2021 | CA$560k | CA$243k | -CA$21m |
| Sep 30 2021 | n/a | n/a | -CA$44m |
| Jun 30 2021 | n/a | n/a | -CA$46m |
| Mar 31 2021 | n/a | n/a | -CA$45m |
| Dec 31 2020 | CA$202k | CA$179k | -CA$93m |
| Sep 30 2020 | n/a | n/a | -CA$74m |
| Jun 30 2020 | n/a | n/a | -CA$71m |
| Mar 31 2020 | n/a | n/a | -CA$71m |
| Dec 31 2019 | CA$302k | CA$200k | -CA$20m |
| Sep 30 2019 | n/a | n/a | -CA$18m |
| Jun 30 2019 | n/a | n/a | -CA$18m |
| Mar 31 2019 | n/a | n/a | -CA$15m |
| Dec 31 2018 | CA$286k | CA$190k | -CA$16m |
| Sep 30 2018 | n/a | n/a | -CA$36m |
| Jun 30 2018 | n/a | n/a | -CA$35m |
| Mar 31 2018 | n/a | n/a | -CA$36m |
| Dec 31 2017 | CA$245k | CA$163k | -CA$39m |
Compensation vs Market: Colin's total compensation ($USD742.41K) is above average for companies of similar size in the Canadian market ($USD171.96K).
Compensation vs Earnings: Colin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Colin Dease (49 yo)
2.4yrs
Tenure
CA$1,036,139
Compensation
Mr. Colin A. Dease, ICD D serves as President at AKITA Drilling Ltd. since June 2022 and served as its Chief Operating Officer since June 2022 until April 2023 and serves as its Chief Executive Officer sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 31yrs | CA$650.00k | 4.19% CA$ 2.8m | |
| CEO & President | 2.4yrs | CA$1.04m | 0.44% CA$ 290.9k | |
| VP of Finance & CFO | 7.7yrs | CA$742.50k | 0.24% CA$ 154.8k | |
| Vice President of Technical Operations | 12.1yrs | CA$363.58k | no data | |
| Vice President of Business Development | no data | no data | no data |
5.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: AKT.A's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 31yrs | CA$650.00k | 4.19% CA$ 2.8m | |
| Deputy Chairman of the Board | 31yrs | CA$18.00k | 0.10% CA$ 67.0k | |
| Independent Director | 22.3yrs | CA$18.56k | 0.14% CA$ 93.3k | |
| Independent Director | 6.2yrs | CA$19.68k | 0.075% CA$ 49.6k | |
| Independent Director | 10yrs | CA$17.43k | 0.043% CA$ 28.6k | |
| Independent Director | 2.5yrs | CA$16.87k | 0.0090% CA$ 5.9k | |
| Independent Director | 18.5yrs | CA$26.43k | 0.081% CA$ 53.4k | |
| Independent Director | 13.3yrs | CA$20.81k | 0.064% CA$ 42.0k | |
| Independent Director | less than a year | no data | 0.0061% CA$ 4.0k |
13.3yrs
Average Tenure
67yo
Average Age
Experienced Board: AKT.A's board of directors are seasoned and experienced ( 13.3 years average tenure).