Petro-Victory Energy Management
Management criteria checks 1/4
Petro-Victory Energy's CEO is Richard Gonzalez, appointed in May 2014, has a tenure of 9.92 years. total yearly compensation is $993.26K, comprised of 36.7% salary and 63.3% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth CA$126.08K. The average tenure of the management team and the board of directors is 1.8 years and 3.5 years respectively.
Key information
Richard Gonzalez
Chief executive officer
US$993.3k
Total compensation
| CEO salary percentage | 36.7% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$6m |
| Jun 30 2023 | n/a | n/a | -US$6m |
| Mar 31 2023 | n/a | n/a | -US$6m |
| Dec 31 2022 | US$993k | US$365k | -US$7m |
| Sep 30 2022 | n/a | n/a | -US$5m |
| Jun 30 2022 | n/a | n/a | -US$4m |
| Mar 31 2022 | n/a | n/a | -US$4m |
| Dec 31 2021 | US$834k | US$300k | -US$3m |
| Sep 30 2021 | n/a | n/a | -US$14k |
| Jun 30 2021 | n/a | n/a | US$108k |
| Mar 31 2021 | n/a | n/a | US$60k |
| Dec 31 2020 | US$595k | US$350k | US$188k |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$320k | US$300k | -US$1m |
| Sep 30 2019 | n/a | n/a | -US$668k |
| Jun 30 2019 | n/a | n/a | -US$507k |
| Mar 31 2019 | n/a | n/a | -US$1m |
| Dec 31 2018 | US$249k | US$220k | -US$1m |
| Sep 30 2018 | n/a | n/a | -US$1m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | n/a | n/a | -US$899k |
| Dec 31 2017 | US$255k | US$239k | -US$789k |
Compensation vs Market: Richard's total compensation ($USD993.26K) is above average for companies of similar size in the Canadian market ($USD175.11K).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
CEO
Richard Gonzalez (56 yo)
9.9yrs
Tenure
US$993,263
Compensation
Mr. Richard F. Gonzalez is the Founder of Petro-Victory Energy Corp. and serves as its Chief Executive Officer, Executive Chairman and Director since May 20, 2014. Previously, Mr. Gonzalez serves as the Pr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.9yrs | US$993.26k | 0.29% $ 126.1k | |
| Chief Financial Officer | 1.8yrs | US$331.75k | no data | |
| Chief Operating Officer | less than a year | no data | no data |
1.8yrs
Average Tenure
Experienced Management: VRY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.9yrs | US$993.26k | 0.29% $ 126.1k | |
| Advisor to the Board | 1.8yrs | no data | no data | |
| Member of Advisory Board | less than a year | no data | no data | |
| Independent Director | 9.9yrs | US$114.78k | 0.33% $ 142.2k | |
| Executive Director | 3.5yrs | US$179.27k | 0.20% $ 87.3k | |
| Independent Director | 5.5yrs | US$114.78k | 7.1% $ 3.1m | |
| Independent Director | 5.5yrs | US$114.78k | no data | |
| Additional Independent Non-Executive Director | 2.8yrs | US$114.78k | 10.28% $ 4.5m | |
| Independent Director | less than a year | no data | 0.097% $ 42.4k |
3.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: VRY's board of directors are considered experienced (3.5 years average tenure).