Kraken Energy Management

Management criteria checks 1/4

Kraken Energy's CEO is Matthew Schwab, appointed in Sep 2022, has a tenure of 1.67 years. total yearly compensation is CA$204.15K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.3% of the company’s shares, worth CA$125.00K. The average tenure of the management team and the board of directors is 1.4 years and 2 years respectively.

Key information

Matthew Schwab

Chief executive officer

CA$204.1k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.7yrs
CEO ownership	2.3%
Management average tenure	1.4yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matthew Schwab's remuneration changed compared to Kraken Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$6m
Sep 30 2023	n/a	n/a	-CA$7m
Jun 30 2023	CA$204k	CA$204k	-CA$7m

Compensation vs Market: Matthew's total compensation ($USD148.38K) is about average for companies of similar size in the Canadian market ($USD174.31K).

Compensation vs Earnings: Insufficient data to compare Matthew's compensation with company performance.

CEO

Matthew Schwab

1.7yrs

Tenure

CA$204,147

Compensation

Mr. Matthew C. Schwab, P.Geo., serves as Director at Stallion Uranium Corp. from March 2024. He is CEO, President & Director of Kraken Energy Corp. from September 06, 2022. He serves as a Member of Advisor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Schwab	CEO, President & Director	1.7yrs	CA$204.15k	2.3% CA$ 125.0k
Carson Halliday	Chief Financial Officer	1.1yrs	CA$15.00k	no data
Madeline Berry	Senior Geologist	no data	no data	no data
Maria Wells	Corporate Secretary	1.4yrs	no data	no data

1.4yrs

Average Tenure

Experienced Management: UUSA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Schwab	CEO, President & Director	1.7yrs	CA$204.15k	2.3% CA$ 125.0k
Edward Sujir	Independent Director	2.3yrs	no data	4.65% CA$ 252.6k
Garrett Ainsworth	Chairman of the Board of Directors	2yrs	CA$120.00k	3.47% CA$ 188.5k
Jesse Hahn	Independent Director	6.9yrs	no data	0.14% CA$ 7.5k
Marlis Yassin	Director	less than a year	no data	0.055% CA$ 3.0k

2.0yrs

Average Tenure

43yo

Average Age

Experienced Board: UUSA's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Kraken Energy Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Kraken Energy Corp., Annual General Meeting, Jan 18, 2024

Kraken Energy Corp. Announces Corporate Secretary Changes, Effective December 1, 2022

Kraken Energy Corp., Annual General Meeting, Jan 19, 2023

Less than half of directors are independent

Kraken Energy Corp. Announces Executive Changes

Recent updates

New major risk - Share price stability

Less than half of directors are independent

Kraken Energy Corp. Receives Permit to Resume Phase I Drill Program At Harts Point

Kraken Energy Corp., Annual General Meeting, Jan 18, 2024

Kraken Energy Corp. Receives Drill Permit for Apex Uranium Property, Nevada

Kraken Energy Corp. Identifies Multiple Additional Priority Drill Targets At Apex Uranium Property, Nevada

Kraken Energy Pauses Phase I Drill Program At Harts Point Uranium Property

New major risk - Market cap size

Kraken Energy Corp. Commences Drilling at Harts Point Uranium Property, Utah

Kraken Energy Corp. Announces Drilling Returns Shallow Uranium Mineralization in Exploration Holes At Garfield Hills Uranium Property, Nevada

Kraken Energy Identifies Multiple Additional Priority Drill Targets At Garfield Hills Uranium Property, Nevada

Kraken Energy Reports Positive Soil Sampling Results At Apex Uranium Property, Nevada

Kraken Energy Corp. Stakes Past-Producing Huber Hills Uranium Project in Nevada

Kraken Energy Corp. Announces Corporate Secretary Changes, Effective December 1, 2022

Kraken Energy Corp., Annual General Meeting, Jan 19, 2023

Kraken Energy Commences VTEMTM Airborne Geophysical Survey At Apex Uranium Property

Less than half of directors are independent

Kraken Energy Commences Drilling Program At Garfield Hills Uranium Property

Kraken Energy Corp. Provides Updates on Apex Uranium Mine

Kraken Energy Samples Up to 0.32% U3o8 and Increases Land Package At the Garfield Hills Property

Kraken Energy Corp. Identifies Anomalous Radon Trends At the Apex Project in Nevada

Kraken Energy Corp. Announces Executive Changes

Kraken Energy Commences Unmanned Aerial Vehicle Magnetic and Radiometric Survey At Apex Uranium Mine and Surrounding Land Package

Kraken Energy Submits Permits to Commence Initial Drill Program At Past Producing Apex Uranium Project in Nevada

Kraken Energy Corp. Announces the Appointment of Mr. Troy Boisjoli as Technical Advisor to the Company

Kraken Energy Corp. Completes Updated Geological Model and First Modern Geological Mapping Program At Apex Uranium Project in Nevada

Kraken Energy Corp. Announces Board Appointments

Kraken Energy Corp. Identifies Soil Geochemical Anomalies at the Apex Uranium Property

Less than half of directors are independent

Ivor Exploration Inc. announced that it has received CAD 11 million in funding

Ivor Exploration Inc. Reports on Geochemical Results from Grab Rock Samples At Its Apex Uranium Project Located in the Lander County of Central Nevada, USA

Ivor Exploration Inc. announced that it expects to receive CAD 10 million in funding

No independent directors

Ivor Exploration Inc., Annual General Meeting, May 06, 2022

CEO & Director recently bought CA$570k worth of stock

Ivor Exploration Inc. announced that it expects to receive CAD 2.1 million in funding

No independent directors

David Forest acquired 12.5% Ivor Exploration Inc. (CNSX:IVOR) for CAD 0.08 million.

Ivor Exploration Inc. Announces Board Changes

No independent directors

No independent directors

No independent directors

No independent directors

Penn Capital Inc. acquired Kelso Capital, Inc. from Ivor Exploration Inc. (CNSX:IVOR) for CAD 1.

New 90-day high: CA$0.42

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age