First Phosphate Management
Management criteria checks 1/4
First Phosphate's CEO is John Passalacqua, appointed in Jun 2022, has a tenure of 1.92 years. total yearly compensation is CA$208.90K, comprised of 50.3% salary and 49.7% bonuses, including company stock and options. directly owns 13.31% of the company’s shares, worth CA$2.26M. The average tenure of the management team and the board of directors is 1.7 years and 1.7 years respectively.
Key information
John Passalacqua
Chief executive officer
CA$208.9k
Total compensation
| CEO salary percentage | 50.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 13.3% |
| Management average tenure | 1.7yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2023 | n/a | n/a | -CA$6m |
| Aug 31 2023 | n/a | n/a | -CA$6m |
| May 31 2023 | n/a | n/a | -CA$5m |
| Feb 28 2023 | CA$209k | CA$105k | -CA$3m |
Compensation vs Market: John's total compensation ($USD152.80K) is about average for companies of similar size in the Canadian market ($USD175.55K).
Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.
CEO
John Passalacqua
1.9yrs
Tenure
CA$208,901
Compensation
Mr. John Passalacqua is Chief Executicve officer of First Phosphate Corp. (formerly known as First Potash Corp.)oration from June 23, 2022 and serves as its Director since June 25, 2021. Mr. Passalacqua is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.9yrs | CA$208.90k | 13.31% CA$ 2.3m | |
| President & Director | 1.7yrs | CA$105.84k | no data | |
| Chief Administrative Officer | 2.9yrs | CA$130.95k | 4.46% CA$ 758.0k | |
| CFO & COO | less than a year | no data | no data | |
| Vice President of Exploration | 14.4yrs | CA$85.41k | no data | |
| Chief Geologist | less than a year | no data | 0.49% CA$ 82.4k | |
| Vice President of Business Development | less than a year | no data | 0% CA$ 0 |
1.7yrs
Average Tenure
69yo
Average Age
Experienced Management: PHOS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.9yrs | CA$208.90k | 13.31% CA$ 2.3m | |
| President & Director | 1.8yrs | CA$105.84k | no data | |
| Chief Administrative Officer | 2.9yrs | CA$130.95k | 4.46% CA$ 758.0k | |
| Member of Advisory Board | 1.5yrs | no data | no data | |
| Independent Chairman | 1.9yrs | CA$75.95k | 4.98% CA$ 845.4k | |
| Independent Director | 2.9yrs | CA$81.95k | 1.22% CA$ 207.3k | |
| Member of Advisory Board | 1.6yrs | no data | no data | |
| Member of Advisory Board | less than a year | no data | no data | |
| Member of Advisory Board | less than a year | no data | no data | |
| Member of Advisory Board | less than a year | no data | no data |
1.7yrs
Average Tenure
61yo
Average Age
Experienced Board: PHOS's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.