Criterium Energy Management

Management criteria checks 1/4

Criterium Energy's CEO is Matthew Klukas, appointed in Sep 2022, has a tenure of 2.33 years. total yearly compensation is CA$279.68K, comprised of 67.9% salary and 32.1% bonuses, including company stock and options. directly owns 0.85% of the company’s shares, worth CA$79.58K. The average tenure of the management team and the board of directors is 0.3 years and 2.3 years respectively.

Key information

Matthew Klukas

Chief executive officer

CA$279.7k

Total compensation

CEO salary percentage67.9%
CEO tenure2.3yrs
CEO ownership0.8%
Management average tenureless than a year
Board average tenure2.3yrs

Recent management updates

Recent updates

It's Down 30% But Criterium Energy Ltd. (CVE:CEQ) Could Be Riskier Than It Looks

Nov 07
It's Down 30% But Criterium Energy Ltd. (CVE:CEQ) Could Be Riskier Than It Looks

Does Criterium Energy (CVE:CEQ) Have A Healthy Balance Sheet?

Nov 02
Does Criterium Energy (CVE:CEQ) Have A Healthy Balance Sheet?

A Piece Of The Puzzle Missing From Criterium Energy Ltd.'s (CVE:CEQ) 31% Share Price Climb

Sep 09
A Piece Of The Puzzle Missing From Criterium Energy Ltd.'s (CVE:CEQ) 31% Share Price Climb

Does Criterium Energy (CVE:CEQ) Have A Healthy Balance Sheet?

Jun 05
Does Criterium Energy (CVE:CEQ) Have A Healthy Balance Sheet?

Softrock Minerals Ltd.'s (CVE:SFT) Shares Climb 33% But Its Business Is Yet to Catch Up

Jun 17
Softrock Minerals Ltd.'s (CVE:SFT) Shares Climb 33% But Its Business Is Yet to Catch Up

CEO Compensation Analysis

How has Matthew Klukas's remuneration changed compared to Criterium Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$6m

Jun 30 2024n/an/a

-CA$6m

Mar 31 2024n/an/a

-CA$6m

Dec 31 2023CA$280kCA$190k

-CA$4m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$3m

Mar 31 2023n/an/a

-CA$2m

Dec 31 2022CA$79kCA$51k

-CA$1m

Compensation vs Market: Matthew's total compensation ($USD193.84K) is about average for companies of similar size in the Canadian market ($USD164.58K).

Compensation vs Earnings: Matthew's compensation has increased whilst the company is unprofitable.


CEO

Matthew Klukas

2.3yrs

Tenure

CA$279,681

Compensation

Mr. Matthew Klukas, P.Geo, MBA, is Chief Operating Officer at Criterium Energy Ltd. (formerly known as Softrock Minerals Ltd) from September 08, 2022 and serves as its Interim Chief Executive Officer and P...


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Klukas
Interim CEO2.3yrsCA$279.68k0.85%
CA$ 79.6k
Andrew Spitzer
Chief Financial Officerless than a yearno data0.64%
CA$ 60.0k
E. Gagnon
Treasurerno dataCA$25.52kno data
Sarah Kevol
Controllerless than a yearno datano data
Hendra Jaya
Director – Indonesiano datano datano data

0.3yrs

Average Tenure

Experienced Management: CEQ's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Matthew Klukas
Interim CEOless than a yearCA$279.68k0.85%
CA$ 79.6k
Michèle Stanners
Independent Director9.1yrsCA$35.00k0.10%
CA$ 9.4k
Brian Anderson
Independent Non-Executive Chairman2.3yrsCA$90.00k0.12%
CA$ 11.2k
David Dunlop
Independent Director2.2yrsCA$35.00k0.0037%
CA$ 350.0

2.3yrs

Average Tenure

66yo

Average Age

Experienced Board: CEQ's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 04:18
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Criterium Energy Ltd. is covered by 2 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.

AnalystInstitution
Stephane Guy FoucaudAuctus Advisors LLP
Bill NewmanResearch Capital Corporation