Foremost Lithium Resource & Technology Management
Management criteria checks 1/4
Foremost Lithium Resource & Technology's CEO is Jason Barnard, appointed in Dec 2022, has a tenure of 1.42 years. total yearly compensation is CA$272.70K, comprised of 33% salary and 67% bonuses, including company stock and options. directly owns 6.33% of the company’s shares, worth CA$1.28M. The average tenure of the management team and the board of directors is 1.4 years and 2.9 years respectively.
Key information
Jason Barnard
Chief executive officer
CA$272.7k
Total compensation
| CEO salary percentage | 33.0% |
| CEO tenure | 1.4yrs |
| CEO ownership | 6.3% |
| Management average tenure | 1.4yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$957k |
Compensation vs Market: Jason's total compensation ($USD198.20K) is about average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Insufficient data to compare Jason's compensation with company performance.
CEO
Jason Barnard (56 yo)
1.4yrs
Tenure
CA$272,700
Compensation
Mr. Jason Barnard is Director of Foremost Lithium Resource & Technology Ltd. from September 08, 2022 and serves as its President and Chief Executive Officer since December 02, 2022. He has capital markets...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.4yrs | CA$272.70k | 6.33% CA$ 1.3m | |
| CFO & Corporate Secretary | less than a year | no data | 0.32% CA$ 64.8k | |
| Chief Operating Officer | 1.4yrs | no data | 4.25% CA$ 857.6k |
1.4yrs
Average Tenure
56yo
Average Age
Experienced Management: FAT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | CA$272.70k | 6.33% CA$ 1.3m | |
| Advisor to the Board of Directors | 3.3yrs | no data | no data | |
| Non-Executive Independent Chairman of the Board | less than a year | no data | 0.086% CA$ 17.4k | |
| Advisor to the Board of Directors | 3.3yrs | no data | no data | |
| Member of Advisory Board | 1.4yrs | no data | no data | |
| Independent Director | 1.4yrs | CA$43.90k | 0.36% CA$ 73.6k | |
| Member of Advisory Board | 7.3yrs | no data | no data | |
| Member of Advisory Board | 4.2yrs | no data | no data | |
| Member of Advisory Board | 4.2yrs | no data | no data | |
| Advisor to the Board of Directors | 3.3yrs | no data | no data | |
| Non-Independent Director | 2.4yrs | CA$315.91k | 0.20% CA$ 40.7k | |
| Independent Director | 1.4yrs | CA$153.47k | 0.020% CA$ 4.0k |
2.9yrs
Average Tenure
58.5yo
Average Age
Experienced Board: FAT's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.