High Arctic Energy Services Management
Management criteria checks 1/4
High Arctic Energy Services' CEO is Lonn Bate, appointed in Aug 2025, has a tenure of less than a year. total yearly compensation is CA$311.73K, comprised of 32.1% salary and 67.9% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth CA$17.60K. The average tenure of the management team and the board of directors is 0.8 years and 6.9 years respectively.
Key information
Lonn Bate
Chief executive officer
CA$311.7k
Total compensation
| CEO salary percentage | 32.08% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
Does High Arctic Energy Services (TSE:HWO) Have A Healthy Balance Sheet?
Feb 14
Investors Give High Arctic Energy Services Inc (TSE:HWO) Shares A 45% Hiding
Jul 19These 4 Measures Indicate That High Arctic Energy Services (TSE:HWO) Is Using Debt Safely
May 22Investors Still Waiting For A Pull Back In High Arctic Energy Services Inc (TSE:HWO)
Apr 09High Arctic Energy Services' (TSE:HWO) Dividend Will Be CA$0.005
Aug 29High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005
Jul 27High Arctic Energy Services (TSE:HWO) Has Announced A Dividend Of CA$0.005
Jun 27High Arctic Energy Services (TSE:HWO) Is Due To Pay A Dividend Of CA$0.005
May 25High Arctic Energy Services (TSE:HWO) Is In A Good Position To Deliver On Growth Plans
Dec 02Calculating The Fair Value Of High Arctic Energy Services Inc (TSE:HWO)
Sep 29Is High Arctic Energy Services (TSE:HWO) Using Debt Sensibly?
Mar 07High Arctic Energy Services' (TSE:HWO) Shareholders Are Down 68% On Their Shares
Jan 11
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | -CA$199k |
| Jun 30 2025 | n/a | n/a | -CA$1m |
| Mar 31 2025 | n/a | n/a | -CA$2m |
| Dec 31 2024 | CA$312k | CA$100k | -CA$2m |
| Sep 30 2024 | n/a | n/a | -CA$1m |
| Jun 30 2024 | n/a | n/a | -CA$810k |
| Mar 31 2024 | n/a | n/a | -CA$647k |
| Dec 31 2023 | CA$110k | n/a | -CA$989k |
Compensation vs Market: Lonn's total compensation ($USD222.01K) is above average for companies of similar size in the Canadian market ($USD159.82K).
Compensation vs Earnings: Lonn's compensation has increased whilst the company is unprofitable.
CEO
Lonn Bate
Mr. Lonn Bate, B.Comm, C.A., served as Interim Chief Financial Officer of High Arctic Overseas Holdings Corp. from August 12, 2024. Mr. Bate serves as Interim Chief Executive Officer at of High Arctic Ener...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Chief Executive Officer | less than a year | CA$311.73k | 0.16% CA$ 17.6k | |
| COO & VP Operations | 1.4yrs | CA$248.24k | 0.63% CA$ 70.2k | |
| VP of Sales & Marketing | 1.3yrs | CA$198.03k | no data | |
| Interim Chief Financial Officer | less than a year | no data | no data |
Experienced Management: HWO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 20.4yrs | CA$73.79k | 4.75% CA$ 531.0k | |
| Independent Director | 1.4yrs | CA$18.21k | 0.020% CA$ 2.2k | |
| Independent Chairman of the Board | 18.4yrs | CA$59.83k | 0.63% CA$ 70.2k | |
| Director | 1.8yrs | no data | no data | |
| Independent Director | 6.9yrs | CA$58.38k | 0.42% CA$ 46.6k |
Experienced Board: HWO's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 17:39 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
High Arctic Energy Services Inc is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Jason Zhang | Cormark Securities Inc. |
| Adam Shine | National Bank Financial |