Foremost Clean Energy Management
Management criteria checks 1/4
Foremost Clean Energy's CEO is Jason Barnard, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CA$457.67K, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 3.24% of the company’s shares, worth CA$667.32K. The average tenure of the management team and the board of directors is 1.2 years and 3.4 years respectively.
Key information
Jason Barnard
Chief executive officer
CA$457.7k
Total compensation
| CEO salary percentage | 54.2% |
| CEO tenure | 1.9yrs |
| CEO ownership | 3.2% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$5m |
| Mar 31 2024 | CA$458k | CA$248k | -CA$4m |
| Dec 31 2023 | n/a | n/a | -CA$3m |
| Sep 30 2023 | n/a | n/a | CA$172k |
| Jun 30 2023 | n/a | n/a | CA$1m |
| Mar 31 2023 | CA$273k | CA$90k | CA$957k |
Compensation vs Market: Jason's total compensation ($USD327.93K) is above average for companies of similar size in the Canadian market ($USD171.96K).
Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.
CEO
Jason Barnard (58 yo)
1.9yrs
Tenure
CA$457,666
Compensation
Mr. Jason Barnard is Director of Foremost Clean Energy Ltd. (formerly known as Foremost Lithium Resource & Technology Ltd.) from September 08, 2022 and serves as its President and Chief Executive Officer s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | CA$457.67k | 3.24% CA$ 667.3k | |
| Chief Operating Officer | 1.9yrs | CA$262.95k | 4.79% CA$ 985.9k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Corporate Secretary | less than a year | no data | no data |
1.2yrs
Average Tenure
54yo
Average Age
Experienced Management: FAT's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | CA$457.67k | 3.24% CA$ 667.3k | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Non-Executive Independent Chairman of the Board | less than a year | CA$95.50k | 0.095% CA$ 19.5k | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Member of Advisory Board | 1.9yrs | no data | no data | |
| Independent Director | 1.9yrs | CA$68.53k | 0.28% CA$ 57.0k | |
| Member of Advisory Board | 7.8yrs | no data | no data | |
| Member of Advisory Board | 4.7yrs | no data | no data | |
| Member of Advisory Board | 4.7yrs | no data | no data | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Non-Independent Director | 2.9yrs | CA$68.53k | 0.15% CA$ 31.5k | |
| Independent Director | 1.9yrs | CA$88.53k | 0.029% CA$ 6.0k |
3.4yrs
Average Tenure
60.5yo
Average Age
Experienced Board: FAT's board of directors are considered experienced (3.4 years average tenure).