Avricore Health Management
Management criteria checks 3/4
Avricore Health's CEO is Hector Bremner, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is CA$261.22K, comprised of 64.3% salary and 35.7% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth CA$230.95K. The average tenure of the management team and the board of directors is 3.9 years and 4.9 years respectively.
Key information
Hector Bremner
Chief executive officer
CA$261.2k
Total compensation
| CEO salary percentage | 64.3% |
| CEO tenure | 4.6yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.9yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$701k |
| Sep 30 2023 | n/a | n/a | -CA$1m |
| Jun 30 2023 | n/a | n/a | -CA$901k |
| Mar 31 2023 | n/a | n/a | -CA$824k |
| Dec 31 2022 | CA$261k | CA$168k | -CA$818k |
| Sep 30 2022 | n/a | n/a | -CA$782k |
| Jun 30 2022 | n/a | n/a | -CA$1m |
| Mar 31 2022 | n/a | n/a | -CA$1m |
| Dec 31 2021 | CA$258k | CA$150k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$185k | CA$150k | -CA$1m |
| Sep 30 2020 | n/a | n/a | -CA$909k |
| Jun 30 2020 | n/a | n/a | -CA$1m |
| Mar 31 2020 | n/a | n/a | -CA$2m |
| Dec 31 2019 | CA$78k | CA$76k | -CA$2m |
Compensation vs Market: Hector's total compensation ($USD189.86K) is about average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Hector's compensation has increased whilst the company is unprofitable.
CEO
Hector Bremner (41 yo)
4.6yrs
Tenure
CA$261,222
Compensation
Mr. Hector Bremner serves as Chief Executive Officer at Avricore Health Inc. since October 15, 2019 and has been its Director since April 2, 2020. He served as an Executive Vice-President of Branding, Stra...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | CA$261.22k | 1.49% CA$ 230.9k | |
| CFO & Corporate Secretary | 4.8yrs | CA$144.18k | 0.92% CA$ 142.0k | |
| CTO & Director | 3.1yrs | CA$261.22k | 4.47% CA$ 691.5k | |
| Communications Advisor | 3.2yrs | no data | no data |
3.9yrs
Average Tenure
42yo
Average Age
Experienced Management: AVCR's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.1yrs | CA$261.22k | 1.49% CA$ 230.9k | |
| CTO & Director | 3.4yrs | CA$261.22k | 4.47% CA$ 691.5k | |
| Independent Chairman of the Board | 8.3yrs | CA$59.93k | 1.37% CA$ 212.0k | |
| Independent Director | 6.2yrs | CA$16.65k | 0.80% CA$ 123.2k | |
| Independent Director | 7.1yrs | CA$16.65k | 0.025% CA$ 3.9k | |
| Member of Advisory Board | 4.9yrs | no data | no data | |
| Member of Advisory Board | 4.7yrs | no data | no data | |
| Member of Advisory Board | 5.3yrs | no data | no data | |
| Member of Advisory Board | 5.2yrs | no data | no data | |
| Member of Advisory Board | 4.9yrs | no data | no data | |
| Member of Advisory Board | 4.6yrs | no data | no data | |
| Member of Advisory Board | 4.6yrs | no data | no data |
4.9yrs
Average Tenure
51yo
Average Age
Experienced Board: AVCR's board of directors are considered experienced (4.9 years average tenure).