Logan Energy Management
Management criteria checks 1/4
Logan Energy's CEO is Rick McHardy, appointed in Mar 2023, has a tenure of 1.33 years. total yearly compensation is CA$156.48K, comprised of 75.4% salary and 24.6% bonuses, including company stock and options. directly owns 4.71% of the company’s shares, worth CA$19.72M. The average tenure of the management team and the board of directors is 1.1 years and 1.1 years respectively.
Key information
Rick McHardy
Chief executive officer
CA$156.5k
Total compensation
| CEO salary percentage | 75.4% |
| CEO tenure | 1.3yrs |
| CEO ownership | 4.7% |
| Management average tenure | 1.1yrs |
| Board average tenure | 1.1yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$5m |
| Dec 31 2023 | CA$156k | CA$118k | -CA$34m |
Compensation vs Market: Rick's total compensation ($USD114.46K) is below average for companies of similar size in the Canadian market ($USD1.26M).
Compensation vs Earnings: Insufficient data to compare Rick's compensation with company performance.
CEO
Rick McHardy (55 yo)
1.3yrs
Tenure
CA$156,479
Compensation
Mr. Richard Francis McHardy, also known as Rick, serves as President, Chief Executive Officer and Director of Logan Energy Corp. from June 2023. Mr. McHardy served as Independent Director at CLEANTEK Indus...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | CA$156.48k | 4.71% CA$ 19.3m | |
| CFO & VP of Finance | 1.1yrs | no data | 1.8% CA$ 7.4m | |
| COO & VP of Engineering | 1.1yrs | CA$216.65k | 2.18% CA$ 9.0m | |
| Vice President of Operations | 1.1yrs | CA$219.88k | 2.46% CA$ 10.1m | |
| Controller | less than a year | no data | no data | |
| Corporate Secretary | 1.1yrs | no data | 0.61% CA$ 2.5m |
1.1yrs
Average Tenure
Experienced Management: LGN's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | CA$156.48k | 4.71% CA$ 19.3m | |
| Independent Director | 1.1yrs | no data | 1.49% CA$ 6.1m | |
| Independent Director | 1.1yrs | no data | 1.5% CA$ 6.2m | |
| Independent Director | 1.1yrs | no data | 0.21% CA$ 880.0k | |
| Independent Director | 1.1yrs | no data | 0.31% CA$ 1.3m | |
| Independent Chairperson | 1.1yrs | no data | 4.31% CA$ 17.7m | |
| Independent Director | 1.1yrs | no data | 1.27% CA$ 5.2m |
1.1yrs
Average Tenure
58yo
Average Age
Experienced Board: LGN's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.