NioCorp Developments Management
Management criteria checks 2/4
NioCorp Developments' CEO is Mark Smith, appointed in Sep 2013, has a tenure of 10.58 years. total yearly compensation is $620.30K, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 5.76% of the company’s shares, worth CA$6.77M. The average tenure of the management team and the board of directors is 7.8 years and 9.6 years respectively.
Key information
Mark Smith
Chief executive officer
US$620.3k
Total compensation
| CEO salary percentage | 49.0% |
| CEO tenure | 10.6yrs |
| CEO ownership | 5.8% |
| Management average tenure | 7.8yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$38m |
| Sep 30 2023 | n/a | n/a | -US$37m |
| Jun 30 2023 | US$620k | US$304k | -US$38m |
| Mar 31 2023 | n/a | n/a | -US$38m |
| Dec 31 2022 | n/a | n/a | -US$11m |
| Sep 30 2022 | n/a | n/a | -US$13m |
| Jun 30 2022 | US$553k | US$297k | -US$11m |
| Mar 31 2022 | n/a | n/a | -US$9m |
| Dec 31 2021 | n/a | n/a | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$5m |
| Jun 30 2021 | US$403k | US$297k | -US$5m |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | n/a | n/a | -US$4m |
| Sep 30 2020 | n/a | n/a | -US$4m |
| Jun 30 2020 | US$293k | US$293k | -US$4m |
| Mar 31 2020 | n/a | n/a | -US$5m |
| Dec 31 2019 | n/a | n/a | -US$5m |
| Sep 30 2019 | n/a | n/a | -US$7m |
| Jun 30 2019 | US$392k | US$270k | -US$7m |
| Mar 31 2019 | n/a | n/a | -US$7m |
| Dec 31 2018 | n/a | n/a | -US$9m |
| Sep 30 2018 | n/a | n/a | -US$8m |
| Jun 30 2018 | US$364k | US$270k | -US$8m |
| Mar 31 2018 | n/a | n/a | -US$11m |
| Dec 31 2017 | n/a | n/a | -US$12m |
| Sep 30 2017 | n/a | n/a | -US$14m |
| Jun 30 2017 | US$469k | US$270k | -US$15m |
Compensation vs Market: Mark's total compensation ($USD620.30K) is above average for companies of similar size in the Canadian market ($USD174.90K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Smith (64 yo)
10.6yrs
Tenure
US$620,300
Compensation
Mr. Mark Allan Smith, P.E., Esq., serves as Chief Executive Officer at IBC Advanced Alloys Corp. since July 8, 2020 and served as its President since July 2020. He serves as CEO and Chairman of the Board a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$620.30k | 5.76% $ 6.8m | |
| CFO & Corporate Secretary | 7.8yrs | US$401.10k | 0.18% $ 212.8k | |
| Chief Operating Officer | 3.8yrs | US$438.60k | 0.15% $ 180.7k | |
| Chief Communications Officer | 1.8yrs | US$338.37k | 0.16% $ 187.7k | |
| Controller | 9yrs | no data | no data |
7.8yrs
Average Tenure
57yo
Average Age
Experienced Management: NB's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.6yrs | US$620.30k | 5.76% $ 6.8m | |
| Independent Director | 1.1yrs | no data | 0.22% $ 252.7k | |
| Lead Independent Director | 9.8yrs | US$197.70k | 0.17% $ 201.5k | |
| Independent Director | 12.8yrs | US$182.60k | 0.20% $ 233.3k | |
| Independent Director | 1.1yrs | no data | 0% $ 0 | |
| Independent Director | 1.9yrs | US$127.60k | 0% $ 0 | |
| Member of Technical Advisory Board | 12.8yrs | no data | no data | |
| Member of Technical Advisory Board | 12.8yrs | no data | no data | |
| Member of Advisory Board | 9.4yrs | no data | no data | |
| Independent Director | 6.6yrs | US$166.55k | 0.13% $ 149.3k |
9.6yrs
Average Tenure
64yo
Average Age
Experienced Board: NB's board of directors are considered experienced (9.6 years average tenure).