Horizon Petroleum Management
Management criteria checks 2/4
Horizon Petroleum's CEO is David Winter, appointed in Nov 2015, has a tenure of 8.5 years. total yearly compensation is CA$120.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.26% of the company’s shares, worth CA$58.08K. The average tenure of the management team and the board of directors is 2.3 years and 1.5 years respectively.
Key information
David Winter
Chief executive officer
CA$120.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 8.5yrs |
| CEO ownership | 3.3% |
| Management average tenure | 2.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2023 | n/a | n/a | -CA$1m |
| Aug 31 2023 | CA$120k | CA$120k | -CA$1m |
| May 31 2023 | n/a | n/a | -CA$733k |
| Feb 28 2023 | n/a | n/a | -CA$604k |
| Nov 30 2022 | n/a | n/a | -CA$461k |
| Aug 31 2022 | n/a | n/a | -CA$328k |
| May 31 2022 | n/a | n/a | -CA$524k |
| Feb 28 2022 | n/a | n/a | -CA$384k |
| Nov 30 2021 | n/a | n/a | -CA$99k |
| Aug 31 2021 | n/a | n/a | -CA$85k |
| May 31 2021 | n/a | n/a | CA$174k |
| Feb 28 2021 | n/a | n/a | CA$867k |
| Nov 30 2020 | n/a | n/a | CA$650k |
| Aug 31 2020 | CA$9k | CA$9k | CA$563k |
| May 31 2020 | n/a | n/a | -CA$2m |
| Feb 29 2020 | n/a | n/a | -CA$3m |
| Nov 30 2019 | n/a | n/a | -CA$3m |
| Aug 31 2019 | CA$120k | CA$120k | -CA$4m |
| May 31 2019 | n/a | n/a | -CA$2m |
| Feb 28 2019 | n/a | n/a | -CA$2m |
| Nov 30 2018 | n/a | n/a | -CA$3m |
| Aug 31 2018 | CA$120k | CA$120k | -CA$3m |
| May 31 2018 | n/a | n/a | -CA$2m |
| Feb 28 2018 | n/a | n/a | -CA$2m |
| Nov 30 2017 | n/a | n/a | -CA$2m |
| Aug 31 2017 | CA$120k | CA$120k | -CA$1m |
Compensation vs Market: David's total compensation ($USD87.39K) is below average for companies of similar size in the Canadian market ($USD174.77K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Winter (66 yo)
8.5yrs
Tenure
CA$120,000
Compensation
Dr. David Anthony Winter, BSc, MSc, Ph D., serves as Director of Nevada Lithium Resources Inc. since February 12, 2024. He is Co-Founder of Canacol Energy Ltd.since 2008. Dr. Winter founded Miramar Hydroc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 8.5yrs | CA$120.00k | 3.26% CA$ 58.1k | |
| President | 2.3yrs | CA$101.20k | 0.95% CA$ 16.9k | |
| Chief Financial Officer | 1.5yrs | CA$98.60k | 1.1% CA$ 19.7k |
2.3yrs
Average Tenure
Experienced Management: HPL.H's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 9.5yrs | CA$120.00k | 3.26% CA$ 58.1k | |
| President | 1.5yrs | CA$101.20k | 0.95% CA$ 16.9k | |
| Independent Director | 10.1yrs | no data | 5.14% CA$ 91.6k | |
| Independent Non-Executive Director | less than a year | no data | 0.50% CA$ 8.9k | |
| Independent Director | 1.5yrs | no data | 0.19% CA$ 3.3k |
1.5yrs
Average Tenure
Experienced Board: HPL.H's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.