High Arctic Energy Services Management
Management criteria checks 1/4
High Arctic Energy Services' CEO is Mike Maguire, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is CA$716.37K, comprised of 50.7% salary and 49.3% bonuses, including company stock and options. directly owns 1.21% of the company’s shares, worth CA$751.33K. The average tenure of the management team and the board of directors is 4.1 years and 2.8 years respectively.
Key information
Mike Maguire
Chief executive officer
CA$716.4k
Total compensation
| CEO salary percentage | 50.7% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.2% |
| Management average tenure | 4.1yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Investors Still Waiting For A Pull Back In High Arctic Energy Services Inc (TSE:HWO)
Apr 09
High 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 |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$13m |
| Sep 30 2023 | n/a | n/a | -CA$25m |
| Jun 30 2023 | n/a | n/a | -CA$14m |
| Mar 31 2023 | n/a | n/a | -CA$35m |
| Dec 31 2022 | CA$716k | CA$364k | -CA$36m |
| Sep 30 2022 | n/a | n/a | -CA$32m |
| Jun 30 2022 | n/a | n/a | -CA$32m |
| Mar 31 2022 | n/a | n/a | -CA$16m |
| Dec 31 2021 | CA$351k | CA$330k | -CA$19m |
| Sep 30 2021 | n/a | n/a | -CA$26m |
| Jun 30 2021 | n/a | n/a | -CA$27m |
| Mar 31 2021 | n/a | n/a | -CA$29m |
| Dec 31 2020 | CA$613k | CA$324k | -CA$26m |
| Sep 30 2020 | n/a | n/a | -CA$17m |
| Jun 30 2020 | n/a | n/a | -CA$12m |
| Mar 31 2020 | n/a | n/a | -CA$10m |
| Dec 31 2019 | CA$494k | CA$323k | -CA$9m |
| Sep 30 2019 | n/a | n/a | -CA$8m |
| Jun 30 2019 | n/a | n/a | CA$200k |
| Mar 31 2019 | n/a | n/a | CA$6m |
| Dec 31 2018 | CA$481k | CA$339k | CA$11m |
| Sep 30 2018 | n/a | n/a | CA$17m |
| Jun 30 2018 | n/a | n/a | CA$13m |
| Mar 31 2018 | n/a | n/a | CA$16m |
| Dec 31 2017 | CA$1m | CA$348k | CA$20m |
Compensation vs Market: Mike's total compensation ($USD523.79K) is above average for companies of similar size in the Canadian market ($USD174.55K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Maguire
4.1yrs
Tenure
CA$716,371
Compensation
Mr. Michael Joseph Maguire, also known as Mike, has been Chief Executive Officer of High Arctic Energy Services Inc since March 23, 2020 and served as its President since 2020 until 2022 and also serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | CA$716.37k | 1.21% CA$ 751.3k | |
| Chief Operating Officer | 9.8yrs | CA$457.02k | 0.37% CA$ 231.0k | |
| Interim Chief Financial Officer | less than a year | no data | no data |
4.1yrs
Average Tenure
Experienced Management: HWO's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$716.37k | 1.21% CA$ 751.3k | |
| Independent Chairman of the Board | 18.8yrs | CA$120.50k | 3.9% CA$ 2.4m | |
| Director | less than a year | no data | no data | |
| Independent Director | 7.8yrs | CA$64.50k | 0.20% CA$ 126.0k | |
| Independent Director | 16.8yrs | CA$68.25k | 0.56% CA$ 346.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.3yrs | CA$89.25k | 0.15% CA$ 94.5k | |
| Director | less than a year | no data | no data |
2.8yrs
Average Tenure
62yo
Average Age
Experienced Board: HWO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.