Burcon NutraScience Management
Management criteria checks 2/4
Burcon NutraScience's CEO is Kip Underwood, appointed in Nov 2022, has a tenure of 1.42 years. total yearly compensation is CA$426.69K, comprised of 38.6% salary and 61.4% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth CA$12.25K. The average tenure of the management team and the board of directors is 18.5 years and 3.3 years respectively.
Key information
Kip Underwood
Chief executive officer
CA$426.7k
Total compensation
| CEO salary percentage | 38.6% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.04% |
| Management average tenure | 18.5yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Burcon NutraScience (TSE:BU) Is In A Good Position To Deliver On Growth Plans
May 19
What 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 |
|---|---|---|---|
| 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$25m |
Compensation vs Market: Kip's total compensation ($USD312.21K) is above average for companies of similar size in the Canadian market ($USD175.45K).
Compensation vs Earnings: Insufficient data to compare Kip's compensation with company performance.
CEO
Kip Underwood
1.4yrs
Tenure
CA$426,691
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 | 1.4yrs | CA$426.69k | 0.035% CA$ 12.3k | |
| CFO & Treasurer | no data | CA$262.23k | 0.32% CA$ 111.6k | |
| Senior VP of Legal & Corporate Secretary | 23.6yrs | CA$231.21k | 0.41% CA$ 143.8k | |
| Senior Vice President of Process | 22.4yrs | CA$212.75k | 0.58% CA$ 203.4k | |
| Vice President of Technical Development | 14.6yrs | CA$207.51k | 0.13% CA$ 45.4k | |
| Director of Investor Relations | no data | no data | 0.17% CA$ 59.3k |
18.5yrs
Average Tenure
Experienced Management: BU's management team is seasoned and experienced (18.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director Emeritus | no data | CA$13.50k | no data | |
| Lead Independent Director | 14.3yrs | CA$35.80k | 0.15% CA$ 51.1k | |
| Independent Director | 1.4yrs | CA$14.31k | no data | |
| Independent Director | 14yrs | CA$24.24k | no data | |
| Chairman of the Board | 8.3yrs | CA$220.65k | 1.02% CA$ 355.8k | |
| Independent Director | 3.8yrs | CA$32.27k | 0.11% CA$ 39.9k | |
| Independent Director | 2.8yrs | CA$45.86k | 0.11% CA$ 38.7k | |
| Independent Director | 2.6yrs | CA$30.24k | 0.070% CA$ 24.5k | |
| Independent Director | less than a year | no data | 5.86% CA$ 2.0m |
3.3yrs
Average Tenure
Experienced Board: BU's board of directors are considered experienced (3.3 years average tenure).