NextSource Materials Management
Management criteria checks 2/4
NextSource Materials' CEO is Craig Scherba, appointed in Sep 2012, has a tenure of 11.67 years. total yearly compensation is $247.06K, comprised of 79.6% salary and 20.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth CA$285.44K. The average tenure of the management team and the board of directors is 4.4 years and 3.5 years respectively.
Key information
Craig Scherba
Chief executive officer
US$247.1k
Total compensation
| CEO salary percentage | 79.6% |
| CEO tenure | 11.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.4yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Is NextSource Materials (TSE:NEXT) In A Good Position To Invest In Growth?
Mar 16
Here's Why We're Not Too Worried About NextSource Materials' (TSE:NEXT) Cash Burn Situation
Nov 30Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
Sep 08Is NextSource Materials (TSE:NEXT) In A Good Position To Deliver On Growth Plans?
May 25We Think NextSource Materials (TSE:NEXT) Can Afford To Drive Business Growth
Feb 09NextSource Materials (TSE:NEXT) Is In A Good Position To Deliver On Growth Plans
Oct 26We're Interested To See How NextSource Materials (TSE:NEXT) Uses Its Cash Hoard To Grow
May 14Is NextSource Materials (TSE:NEXT) In A Good Position To Invest In Growth?
Dec 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$6m |
| Sep 30 2023 | n/a | n/a | -US$8m |
| Jun 30 2023 | US$247k | US$197k | -US$12m |
| Mar 31 2023 | n/a | n/a | US$19m |
| Dec 31 2022 | n/a | n/a | US$15m |
| Sep 30 2022 | n/a | n/a | US$13m |
| Jun 30 2022 | US$225k | US$192k | US$16m |
| Mar 31 2022 | n/a | n/a | -US$41m |
| Dec 31 2021 | n/a | n/a | -US$49m |
| Sep 30 2021 | n/a | n/a | -US$44m |
| Jun 30 2021 | US$1m | US$187k | -US$42m |
| Mar 31 2021 | n/a | n/a | -US$15m |
| Dec 31 2020 | n/a | n/a | -US$2m |
| Sep 30 2020 | n/a | n/a | -US$1m |
| Jun 30 2020 | US$182k | US$180k | -US$978k |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | n/a | n/a | -US$3m |
| Sep 30 2019 | n/a | n/a | -US$3m |
| Jun 30 2019 | US$272k | US$180k | -US$3m |
| Mar 31 2019 | n/a | n/a | -US$2m |
| Dec 31 2018 | n/a | n/a | -US$2m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | US$189k | US$189k | -US$3m |
| Mar 31 2018 | n/a | n/a | -US$4m |
| Dec 31 2017 | n/a | n/a | -US$4m |
| Sep 30 2017 | n/a | n/a | -US$4m |
| Jun 30 2017 | US$230k | US$140k | -US$4m |
Compensation vs Market: Craig's total compensation ($USD247.06K) is above average for companies of similar size in the Canadian market ($USD175.44K).
Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.
CEO
Craig Scherba (51 yo)
11.7yrs
Tenure
US$247,059
Compensation
Mr. Craig Scherba, P.Geol., has been the Chief Executive Officer of NextSource Materials Inc. since August 2015 and has been its President since September 2012 and Director since January 2010. Mr. Scherba...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.7yrs | US$247.06k | 0.29% $ 285.4k | |
| Chief Financial Officer | 8.6yrs | US$198.03k | 0.32% $ 317.1k | |
| Executive Vice President of Corporate Development | no data | US$198.03k | 0.29% $ 290.6k | |
| Vice President of Special Projects | 1.6yrs | US$159.46k | no data | |
| Interim Chief Operating Officer | less than a year | no data | no data | |
| Vice President of Sustainability | 1.2yrs | no data | no data | |
| Senior Consultant of Operational Readiness | 7.2yrs | US$11.18k | no data |
4.4yrs
Average Tenure
52yo
Average Age
Experienced Management: NEXT's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.3yrs | US$247.06k | 0.29% $ 285.4k | |
| Chairman of the Board | 3.2yrs | US$78.76k | no data | |
| Independent Director | 2.8yrs | US$67.46k | 0.021% $ 21.3k | |
| Independent Director | 3.8yrs | US$74.90k | 0.66% $ 656.0k | |
| Independent Director | 4.4yrs | US$67.46k | 0.23% $ 230.4k | |
| Director | less than a year | no data | no data |
3.5yrs
Average Tenure
54yo
Average Age
Experienced Board: NEXT's board of directors are considered experienced (3.5 years average tenure).