Burcon NutraScience Management
Management criteria checks 2/4
Burcon NutraScience's CEO is Kip Underwood, appointed in Nov 2022, has a tenure of 2.08 years. total yearly compensation is CA$681.98K, comprised of 68.6% salary and 31.4% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth CA$4.00K. The average tenure of the management team and the board of directors is 15.3 years and 3.3 years respectively.
Key information
Kip Underwood
Chief executive officer
CA$682.0k
Total compensation
| CEO salary percentage | 68.6% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.04% |
| Management average tenure | 15.3yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Is Burcon NutraScience (TSE:BU) Using Too Much Debt?
Sep 18
Burcon NutraScience (TSE:BU) Is In A Good Position To Deliver On Growth Plans
May 19What Does Burcon NutraScience Corporation's (TSE:BU) Share Price Indicate?
Mar 08We Think Burcon NutraScience (TSE:BU) Can Afford To Drive Business Growth
Dec 24The Compensation For Burcon NutraScience Corporation's (TSE:BU) CEO Looks Deserved And Here's Why
Sep 09Calculating The Fair Value Of Burcon NutraScience Corporation (TSE:BU)
Jul 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$8m |
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | CA$682k | CA$468k | -CA$7m |
| Dec 31 2023 | n/a | n/a | -CA$7m |
| Sep 30 2023 | n/a | n/a | -CA$21m |
| Jun 30 2023 | n/a | n/a | -CA$23m |
| Mar 31 2023 | CA$427k | CA$165k | -CA$25m |
Compensation vs Market: Kip's total compensation ($USD474.57K) is above average for companies of similar size in the Canadian market ($USD164.16K).
Compensation vs Earnings: Kip's compensation has increased whilst the company is unprofitable.
CEO
Kip Underwood
2.1yrs
Tenure
CA$681,977
Compensation
Mr. Kip Underwood, M.B.A., is Chief Executive Officer of Burcon NutraScience Corporation from November 07, 2022. Mr. Underwood began his career with the Solae Company and held progressively more senior pos...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.1yrs | CA$681.98k | 0.035% CA$ 4.0k | |
| Senior VP of Legal & Corporate Secretary | 24.3yrs | CA$257.79k | 0.41% CA$ 47.0k | |
| Senior Vice President of Process | 23.1yrs | CA$202.14k | 0.58% CA$ 66.4k | |
| Vice President of Technical Development | 15.3yrs | CA$197.08k | 0.13% CA$ 14.8k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | 0.17% CA$ 19.4k |
15.3yrs
Average Tenure
Experienced Management: BU's management team is seasoned and experienced (15.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director Emeritus | no data | CA$130.58k | no data | |
| Independent Director | 2.1yrs | CA$17.50k | no data | |
| Director | 14.7yrs | CA$18.25k | no data | |
| Chairman of the Board | 8.9yrs | CA$39.62k | 1.02% CA$ 116.2k | |
| Independent Director | 4.4yrs | CA$18.37k | 0.11% CA$ 13.0k | |
| Independent Director | 3.4yrs | CA$19.75k | 0.11% CA$ 12.6k | |
| Independent Director | 3.3yrs | CA$20.62k | 0.070% CA$ 8.0k | |
| Independent Director | 1.3yrs | CA$23.75k | 3.92% CA$ 447.3k | |
| Independent Director | less than a year | no data | 2.19% CA$ 250.4k |
3.3yrs
Average Tenure
Experienced Board: BU's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Burcon NutraScience Corporation is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tania Armstrong-Whitworth | Canaccord Genuity |
| Jacob Bout | CIBC Capital Markets |
| Ammar Shah | Eight Capital |