Westward Gold Management
Management criteria checks 2/4
Westward Gold's CEO is Colin Moore, appointed in Jul 2021, has a tenure of 2.92 years. total yearly compensation is CA$128.50K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.42% of the company’s shares, worth CA$212.70K. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.
Key information
Colin Moore
Chief executive officer
CA$128.5k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 2.4% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$1m |
| Jun 30 2023 | n/a | n/a | -CA$1m |
| Mar 31 2023 | CA$129k | CA$129k | -CA$1m |
| Dec 31 2022 | n/a | n/a | -CA$1m |
| Sep 30 2022 | n/a | n/a | -CA$2m |
| Jun 30 2022 | n/a | n/a | -CA$2m |
| Mar 31 2022 | CA$79k | CA$79k | -CA$2m |
Compensation vs Market: Colin's total compensation ($USD93.81K) is below average for companies of similar size in the Canadian market ($USD175.22K).
Compensation vs Earnings: Colin's compensation has increased whilst the company is unprofitable.
CEO
Colin Moore
2.9yrs
Tenure
CA$128,500
Compensation
Mr. Colin Moore serves as President at Westward Gold Inc. (formerly known as IM Exploration Inc.) since July 5, 2021 and serves as its Chief Executive Officer & Director since March 16, 2022. He is a corpo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | CA$128.50k | 2.42% CA$ 212.7k | |
| CFO & Corporate Secretary | 2.7yrs | CA$166.00k | no data | |
| Vice President of Exploration | 1.4yrs | no data | 0.21% CA$ 18.7k |
2.7yrs
Average Tenure
Experienced Management: WG's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$128.50k | 2.42% CA$ 212.7k | |
| Independent Chairman of the Board | 3.2yrs | no data | 3.63% CA$ 318.9k | |
| Independent Director | less than a year | no data | 0.085% CA$ 7.5k | |
| Independent Director | 3.1yrs | no data | 0.066% CA$ 5.7k | |
| Independent Director | 2.8yrs | no data | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Board: WG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.