NXT Energy Solutions Management
Management criteria checks 3/4
NXT Energy Solutions' CEO is Bruce Wilcox, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is CA$237.75K, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth CA$85.03K. The average tenure of the management team and the board of directors is 5.4 years and 9.3 years respectively.
Key information
Bruce Wilcox
Chief executive officer
CA$237.7k
Total compensation
| CEO salary percentage | 49.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.7% |
| Management average tenure | 5.4yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$238k | CA$117k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$6m |
| Jun 30 2023 | n/a | n/a | -CA$6m |
| Mar 31 2023 | n/a | n/a | -CA$7m |
| Dec 31 2022 | CA$35k | n/a | -CA$7m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$7m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$35k | n/a | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$6m |
| Dec 31 2020 | CA$35k | n/a | -CA$6m |
| Sep 30 2020 | n/a | n/a | -CA$6m |
| Jun 30 2020 | n/a | n/a | -CA$5m |
| Mar 31 2020 | n/a | n/a | CA$4m |
| Dec 31 2019 | CA$35k | n/a | CA$4m |
Compensation vs Market: Bruce's total compensation ($USD173.75K) is about average for companies of similar size in the Canadian market ($USD175.48K).
Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.
CEO
Bruce Wilcox (68 yo)
less than a year
Tenure
CA$237,745
Compensation
Mr. Bruce Gregory Wilcox is a Principal of the Managing Member and Investment Manager at Xiling Group, LLC since January 2011. Mr. Wilcox is CEO of E Street Management, LLC since 2016. Mr. Wilcox is respon...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | less than a year | CA$237.75k | 0.73% CA$ 85.0k | |
| VP of Finance & CFO | 5.4yrs | CA$185.36k | 1.03% CA$ 120.6k | |
| Corporate Secretary & Independent Director | 10.1yrs | CA$30.00k | no data | |
| Head of Interpretation & Project Engineer | no data | no data | no data | |
| Director of GeoSciences for the Americas | no data | no data | no data | |
| Director of Geosciences - Africa | no data | no data | no data | |
| Director of Global Business Development | no data | CA$101.65k | no data | |
| Director of Research & Development | no data | no data | no data |
5.4yrs
Average Tenure
Experienced Management: SFD's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 8.9yrs | CA$237.75k | 0.73% CA$ 85.0k | |
| Corporate Secretary & Independent Director | 16.5yrs | CA$30.00k | no data | |
| Lead Independent Director | 18.3yrs | CA$32.69k | 0.52% CA$ 61.2k | |
| Independent Director | 2.8yrs | CA$30.00k | 0.099% CA$ 11.5k | |
| Independent Director | 9.3yrs | CA$30.00k | 8.81% CA$ 1.0m | |
| Member of Geosciences Advisory Board | 9.3yrs | no data | no data | |
| Member of Geosciences Advisory Board | 15.9yrs | no data | no data | |
| Member of Geosciences Advisory Board | no data | no data | no data | |
| Independent Director | less than a year | CA$17.31k | no data |
9.3yrs
Average Tenure
68yo
Average Age
Experienced Board: SFD's board of directors are considered experienced (9.3 years average tenure).