NexgenRx Inc.

TSXV:NXG Stock Report

Market Cap: CA$21.0m

NexgenRx Management

Management criteria checks 2/4

NexgenRx's CEO is Ron Loucks, appointed in Mar 2003, has a tenure of 21.67 years. total yearly compensation is CA$313.34K, comprised of 75% salary and 25% bonuses, including company stock and options. directly owns 10.48% of the company’s shares, worth CA$2.20M. The average tenure of the management team and the board of directors is 5.5 years and 12.5 years respectively.

Key information

Ron Loucks

Chief executive officer

CA$313.3k

Total compensation

CEO salary percentage75.0%
CEO tenure21.7yrs
CEO ownership10.5%
Management average tenure5.5yrs
Board average tenure12.5yrs

Recent management updates

We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

May 10
We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Recent updates

Optimistic Investors Push NexgenRx Inc. (CVE:NXG) Shares Up 45% But Growth Is Lacking

May 21
Optimistic Investors Push NexgenRx Inc. (CVE:NXG) Shares Up 45% But Growth Is Lacking

We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

May 10
We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

NexgenRx Inc.'s (CVE:NXG) Price Is Out Of Tune With Revenues

Mar 14
NexgenRx Inc.'s (CVE:NXG) Price Is Out Of Tune With Revenues

Here's Why We Think NexgenRx (CVE:NXG) Might Deserve Your Attention Today

Mar 07
Here's Why We Think NexgenRx (CVE:NXG) Might Deserve Your Attention Today

Is Now The Time To Put NexgenRx (CVE:NXG) On Your Watchlist?

Oct 18
Is Now The Time To Put NexgenRx (CVE:NXG) On Your Watchlist?

Does NexgenRx (CVE:NXG) Deserve A Spot On Your Watchlist?

Nov 30
Does NexgenRx (CVE:NXG) Deserve A Spot On Your Watchlist?

What NexgenRx Inc.'s (CVE:NXG) 32% Share Price Gain Is Not Telling You

Aug 24
What NexgenRx Inc.'s (CVE:NXG) 32% Share Price Gain Is Not Telling You

Here's Why NexgenRx Inc.'s (CVE:NXG) CEO May Have Their Pay Bumped Up

Jun 03
Here's Why NexgenRx Inc.'s (CVE:NXG) CEO May Have Their Pay Bumped Up

NexgenRx Inc.'s (CVE:NXG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 19
NexgenRx Inc.'s (CVE:NXG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

How Much Is NexgenRx's (CVE:NXG) CEO Getting Paid?

Dec 28
How Much Is NexgenRx's (CVE:NXG) CEO Getting Paid?

CEO Compensation Analysis

How has Ron Loucks's remuneration changed compared to NexgenRx's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$25k

Mar 31 2024n/an/a

-CA$66k

Dec 31 2023CA$313kCA$235k

-CA$332k

Sep 30 2023n/an/a

-CA$310k

Jun 30 2023n/an/a

-CA$244k

Mar 31 2023n/an/a

-CA$172k

Dec 31 2022CA$287kCA$235k

-CA$22k

Sep 30 2022n/an/a

CA$3m

Jun 30 2022n/an/a

CA$4m

Mar 31 2022n/an/a

CA$4m

Dec 31 2021CA$230kCA$215k

CA$4m

Sep 30 2021n/an/a

CA$2m

Jun 30 2021n/an/a

CA$2m

Mar 31 2021n/an/a

CA$2m

Dec 31 2020CA$153kCA$140k

CA$2m

Sep 30 2020n/an/a

CA$1m

Jun 30 2020n/an/a

CA$483k

Mar 31 2020n/an/a

-CA$31k

Dec 31 2019CA$181kCA$165k

-CA$208k

Sep 30 2019n/an/a

CA$38k

Jun 30 2019n/an/a

-CA$147k

Mar 31 2019n/an/a

-CA$438k

Dec 31 2018CA$181kCA$165k

-CA$697k

Sep 30 2018n/an/a

-CA$1m

Jun 30 2018n/an/a

-CA$1m

Mar 31 2018n/an/a

-CA$793k

Dec 31 2017CA$181kCA$165k

-CA$626k

Compensation vs Market: Ron's total compensation ($USD222.40K) is above average for companies of similar size in the Canadian market ($USD170.34K).

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

CEO

Ron Loucks (74 yo)

21.7yrs

Tenure

CA$313,342

Compensation

Mr. Ronald C. Loucks, also known as Ron, B.B.A. Founded NexgenRx, Inc. in March 2003 and has been its Chief Executive Officer and President since March 2003. Mr. Loucks has over 25 years of experience in t...

Leadership Team

NamePositionTenureCompensationOwnership
Ronald Loucks
Founder21.7yrsCA$313.34k10.48%
CA$ 2.2m
Kelly Elher
Chief Financial Officer7.5yrsCA$60.00k0.63%
CA$ 132.5k
Andrew Munroe
Vice President of Operationsless than a yearCA$169.40kno data
Jason Robinson
Vice President of Administrationno datano datano data
Doreen Harvey
Lead Human Resourcesno datano datano data
Paul Bolger
Company Secretary3.4yrsno datano data
Avik Debroy
Financial Controllerno datano datano data

5.5yrs

Average Tenure

Experienced Management: NXG's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ronald Loucks
Founder21.7yrsCA$313.34k10.48%
CA$ 2.2m
Thomas Corcoran
Independent Chairman18.7yrsCA$30.00k0.88%
CA$ 184.5k
Linda Brennan
Directorless than a yearno datano data
Randolf McGlynn
Independent Director6.3yrsCA$20.00k0.14%
CA$ 29.5k

12.5yrs

Average Tenure

74yo

Average Age

Experienced Board: NXG's board of directors are seasoned and experienced ( 12.5 years average tenure).