Mega Uranium Management
Management criteria checks 3/4
Mega Uranium's CEO is Richard Patricio, appointed in Mar 2015, has a tenure of 9.33 years. total yearly compensation is CA$797.30K, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 6.69% of the company’s shares, worth CA$7.90M. The average tenure of the management team and the board of directors is 9.3 years and 8.3 years respectively.
Key information
Richard Patricio
Chief executive officer
CA$797.3k
Total compensation
| CEO salary percentage | 43.9% |
| CEO tenure | 9.3yrs |
| CEO ownership | 6.7% |
| Management average tenure | 9.3yrs |
| Board average tenure | 8.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CA$7m |
| Dec 31 2023 | n/a | n/a | CA$2m |
| Sep 30 2023 | CA$797k | CA$350k | CA$4m |
| Jun 30 2023 | n/a | n/a | -CA$2m |
| Mar 31 2023 | n/a | n/a | -CA$17m |
| Dec 31 2022 | n/a | n/a | -CA$8m |
| Sep 30 2022 | CA$1m | CA$331k | -CA$8m |
| Jun 30 2022 | n/a | n/a | -CA$6m |
| Mar 31 2022 | n/a | n/a | CA$7m |
| Dec 31 2021 | n/a | n/a | CA$15m |
| Sep 30 2021 | CA$650k | CA$275k | CA$21m |
| Jun 30 2021 | n/a | n/a | CA$17m |
| Mar 31 2021 | n/a | n/a | CA$21m |
| Dec 31 2020 | n/a | n/a | CA$5m |
| Sep 30 2020 | CA$523k | CA$275k | -CA$4m |
| Jun 30 2020 | n/a | n/a | -CA$10m |
| Mar 31 2020 | n/a | n/a | -CA$11m |
| Dec 31 2019 | n/a | n/a | -CA$8m |
| Sep 30 2019 | CA$379k | CA$275k | -CA$6m |
| Jun 30 2019 | n/a | n/a | -CA$637k |
| Mar 31 2019 | n/a | n/a | -CA$7m |
| Dec 31 2018 | n/a | n/a | -CA$10m |
| Sep 30 2018 | CA$422k | CA$275k | -CA$8m |
| Jun 30 2018 | n/a | n/a | -CA$9m |
| Mar 31 2018 | n/a | n/a | -CA$7m |
| Dec 31 2017 | n/a | n/a | -CA$903k |
| Sep 30 2017 | CA$687k | CA$275k | -CA$2m |
Compensation vs Market: Richard's total compensation ($USD583.22K) is above average for companies of similar size in the Canadian market ($USD175.24K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Patricio (50 yo)
9.3yrs
Tenure
CA$797,300
Compensation
Mr. Richard J. Patricio, L.L.B., serves as Member of Advisory Board at Sterling Metals Corp. since 2024. He has been the Chief Executive Officer and President of Mega Uranium Ltd. since March 2015.Mr. Pat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 9.3yrs | CA$797.30k | 6.69% CA$ 7.9m | |
| Chief Financial Officer | 8.6yrs | CA$106.30k | 0.22% CA$ 256.6k | |
| Executive Vice President of Australia | 14.3yrs | CA$296.12k | 1.2% CA$ 1.4m | |
| General Counsel | no data | no data | no data |
9.3yrs
Average Tenure
53yo
Average Age
Experienced Management: MGA's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 8.3yrs | CA$130.45k | 0.027% CA$ 32.0k | |
| Independent Director | 18.5yrs | CA$120.45k | 1.55% CA$ 1.8m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 8.3yrs | CA$180.45k | 0.75% CA$ 886.4k | |
| Independent Director | less than a year | no data | 0.0068% CA$ 8.0k |
8.3yrs
Average Tenure
56yo
Average Age
Experienced Board: MGA's board of directors are considered experienced (8.3 years average tenure).