Max Power Mining Management
Management criteria checks 2/4
Max Power Mining's CEO is Rav Mlait, appointed in Mar 2021, has a tenure of 3.17 years. total yearly compensation is CA$607.24K, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 3.13% of the company’s shares, worth CA$496.00K. The average tenure of the management team and the board of directors is 3.2 years and 3.2 years respectively.
Key information
Rav Mlait
Chief executive officer
CA$607.2k
Total compensation
| CEO salary percentage | 20.6% |
| CEO tenure | 3.2yrs |
| CEO ownership | 3.1% |
| Management average tenure | 3.2yrs |
| Board average tenure | 3.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$5m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$3m |
| Dec 31 2022 | CA$607k | CA$125k | -CA$2m |
| Sep 30 2022 | n/a | n/a | -CA$820k |
| Jun 30 2022 | n/a | n/a | -CA$719k |
| Mar 31 2022 | n/a | n/a | -CA$605k |
| Dec 31 2021 | CA$32k | n/a | -CA$196k |
Compensation vs Market: Rav's total compensation ($USD443.56K) is above average for companies of similar size in the Canadian market ($USD175.84K).
Compensation vs Earnings: Rav's compensation has increased whilst the company is unprofitable.
CEO
Rav Mlait (47 yo)
3.2yrs
Tenure
CA$607,240
Compensation
Mr. Ravinder S. Mlait, also known as Rav, B.A. & M.B.A. served as an Independent Director at Galloper Gold Corp. since October 6, 2021 and serves as its Corporate Secretary & Director. He serves as a Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.2yrs | CA$607.24k | 3.13% CA$ 496.0k | |
| CFO, Corporate Secretary & Director | 3.2yrs | CA$607.24k | 3.13% CA$ 496.0k | |
| Senior Geologist & Exploration Manager | 1.3yrs | no data | no data |
3.2yrs
Average Tenure
47yo
Average Age
Experienced Management: MAXX's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.2yrs | CA$607.24k | 3.13% CA$ 496.0k | |
| CFO, Corporate Secretary & Director | 3.2yrs | CA$607.24k | 3.13% CA$ 496.0k | |
| Independent Director | 3.2yrs | CA$153.28k | 0.11% CA$ 16.8k | |
| Independent Director | 2.3yrs | CA$150.07k | no data | |
| Independent Director | 3.2yrs | CA$74.19k | 0.82% CA$ 130.0k |
3.2yrs
Average Tenure
47yo
Average Age
Experienced Board: MAXX's board of directors are considered experienced (3.2 years average tenure).