Foran Mining Corporation

TSX:FOM Stock Report

Market Cap: CA$1.8b

Foran Mining Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Dan Myerson

Chief executive officer

CA$1.6m

Total compensation

CEO salary percentage30.0%
CEO tenure4yrs
CEO ownership1.3%
Management average tenure1.2yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

Is Foran Mining (TSE:FOM) A Risky Investment?

Jun 05
Is Foran Mining (TSE:FOM) A Risky Investment?

Is Foran Mining (TSE:FOM) Using Too Much Debt?

Sep 07
Is Foran Mining (TSE:FOM) Using Too Much Debt?

Is Foran Mining (CVE:FOM) A Risky Investment?

Mar 31
Is Foran Mining (CVE:FOM) A Risky Investment?

CEO Compensation Analysis

How has Dan Myerson's remuneration changed compared to Foran Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$6m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$8m

Dec 31 2023CA$2mCA$475k

-CA$14m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023n/an/a

-CA$12m

Mar 31 2023n/an/a

-CA$13m

Dec 31 2022CA$2mCA$375k

-CA$10m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$1mn/a

-CA$4m

Sep 30 2021n/an/a

-CA$4m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$179kn/a

-CA$2m

Compensation vs Market: Dan's total compensation ($USD1.13M) is below average for companies of similar size in the Canadian market ($USD2.06M).

Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.

CEO

Dan Myerson (36 yo)

4yrs

Tenure

CA$1,581,634

Compensation

Mr. Daniel Myerson, also known as Dan, MFin., serves as Executive Chairman at Foran Mining Corporation since November 01, 2020 and serves as its Chief Executive Officer since November 09, 2020. He served a...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Myerson
CEO & Executive Chairman4yrsCA$1.58m1.34%
CA$ 24.3m
James Steels
Chief Financial Officer3.4yrsCA$1.03m0.0071%
CA$ 129.7k
Gilbert Lamarche
Chief Operating Officer1.2yrsCA$711.33kno data
Samuele Renelli
Vice President of Technical Services1.2yrsCA$423.44kno data
David Bernier
Senior Advisor1.2yrsCA$1.30mno data
Erin Carswell
Vice President of Exploration1.2yrsCA$541.82kno data
Etienne Guzman
Vice President of Legalless than a yearno datano data
Tracy Aitchison
Vice President of Human Resourcesless than a yearno datano data
Jonathan French
Vice President of Capital Markets & External Affairs1.8yrsno datano data
John Caldbick
Vice President of Projectsno datano datano data

1.2yrs

Average Tenure

Experienced Management: FOM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Daniel Myerson
CEO & Executive Chairman4yrsCA$1.58m1.34%
CA$ 24.3m
David Petroff
Independent Director12.6yrsCA$226.24k0.14%
CA$ 2.6m
Vera Inkster
Independent Directorless than a yearno data0.0032%
CA$ 58.1k
Maurice A. Tagami
Lead Independent Director13.8yrsCA$221.74k0.72%
CA$ 13.2m
Darren Morcombe
Member of Advisory Board1.8yrsCA$407.44kno data
Jessica McDonald
Independent Director1.5yrsCA$218.49kno data
Nancy Guay
Independent Director1.5yrsCA$191.87kno data
Wayne Wouters
Independent Director3.2yrsCA$251.14kno data
Bradley Wall
Member of Advisory Board2.8yrsno datano data
Majd Bakar
Independent Director1.8yrsCA$265.10kno data

2.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: FOM's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.