Forte Minerals Management
Management criteria checks 3/4
Forte Minerals' CEO is Patrick Elliott, appointed in Sep 2017, has a tenure of 7.17 years. total yearly compensation is CA$135.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth CA$166.08K. The average tenure of the management team and the board of directors is 3.5 years and 3.5 years respectively.
Key information
Patrick Elliott
Chief executive officer
CA$135.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 7.2yrs |
| CEO ownership | 1.4% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$1m |
| Mar 31 2024 | n/a | n/a | -CA$1m |
| Dec 31 2023 | CA$135k | CA$135k | -CA$1m |
| Sep 30 2023 | n/a | n/a | -CA$1m |
| Jun 30 2023 | n/a | n/a | -CA$1m |
| Mar 31 2023 | n/a | n/a | -CA$1m |
| Dec 31 2022 | CA$132k | CA$132k | -CA$1m |
| Sep 30 2022 | n/a | n/a | -CA$1m |
| Jun 30 2022 | n/a | n/a | -CA$940k |
| Mar 31 2022 | n/a | n/a | -CA$640k |
| Dec 31 2021 | CA$96k | CA$96k | -CA$512k |
| Sep 30 2021 | n/a | n/a | -CA$665k |
| Jun 30 2021 | n/a | n/a | -CA$1m |
| Mar 31 2021 | n/a | n/a | -CA$968k |
| Dec 31 2020 | CA$78k | CA$78k | -CA$851k |
Compensation vs Market: Patrick's total compensation ($USD96.65K) is below average for companies of similar size in the Canadian market ($USD169.25K).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
CEO
Patrick Elliott
7.2yrs
Tenure
CA$135,000
Compensation
Mr. Patrick Elliott, M.Sc. & M.B.A., serves as an Independent Director at Triple One Metals Inc. (formerly known as MLK Gold Ltd.) since July 30, 2021. He was the President, Chief Executive Director and Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.2yrs | CA$135.00k | 1.44% CA$ 166.1k | |
| Chief Financial Officer | 2.2yrs | CA$42.00k | no data | |
| VP of Corporate Development & Corporate Secretary | 3.5yrs | no data | 0.20% CA$ 22.7k |
3.5yrs
Average Tenure
Experienced Management: CUAU's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.5yrs | CA$135.00k | 1.44% CA$ 166.1k | |
| Independent Director | 11.5yrs | CA$16.00k | 0.072% CA$ 8.3k | |
| Independent Director | 1.9yrs | CA$16.00k | 0.087% CA$ 10.0k | |
| Independent Director | 3.5yrs | CA$16.00k | 0.087% CA$ 10.0k | |
| Director | 3.5yrs | CA$16.00k | 1.62% CA$ 187.0k | |
| Financial Advisor | no data | no data | no data | |
| Senior Advisor | no data | no data | no data | |
| Lead Energy Advisor | 1.2yrs | no data | no data |
3.5yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CUAU's board of directors are considered experienced (3.5 years average tenure).