NovaGold Resources Management
Management criteria checks 1/4
NovaGold Resources' CEO is Greg Lang, appointed in Jan 2012, has a tenure of 12.83 years. total yearly compensation is $5.15M, comprised of 16.2% salary and 83.8% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth CA$10.04M. The average tenure of the management team and the board of directors is 0.8 years and 5 years respectively.
Key information
Greg Lang
Chief executive officer
US$5.1m
Total compensation
| CEO salary percentage | 16.2% |
| CEO tenure | 12.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | less than a year |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Is NovaGold Resources (TSE:NG) A Risky Investment?
Nov 11
Does NovaGold Resources (TSE:NG) Have A Healthy Balance Sheet?
Jul 18Is NovaGold Resources (TSE:NG) Using Too Much Debt?
Mar 24Is NovaGold Resources (TSE:NG) Using Debt Sensibly?
Aug 13Is NovaGold Resources (TSE:NG) Using Too Much Debt?
Apr 29Estimating The Intrinsic Value Of NovaGold Resources Inc. (TSE:NG)
Dec 30Does NovaGold Resources (TSE:NG) Have A Healthy Balance Sheet?
Oct 03How Much Of NovaGold Resources Inc. (TSE:NG) Do Institutions Own?
Jan 29Have Insiders Been Selling NovaGold Resources Inc. (TSE:NG) Shares?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -US$45m |
| May 31 2024 | n/a | n/a | -US$46m |
| Feb 29 2024 | n/a | n/a | -US$46m |
| Nov 30 2023 | US$5m | US$836k | -US$47m |
| Aug 31 2023 | n/a | n/a | -US$49m |
| May 31 2023 | n/a | n/a | -US$54m |
| Feb 28 2023 | n/a | n/a | -US$54m |
| Nov 30 2022 | US$5m | US$806k | -US$53m |
| Aug 31 2022 | n/a | n/a | -US$51m |
| May 31 2022 | n/a | n/a | -US$47m |
| Feb 28 2022 | n/a | n/a | -US$43m |
| Nov 30 2021 | US$5m | US$804k | -US$41m |
| Aug 31 2021 | n/a | n/a | -US$37m |
| May 31 2021 | n/a | n/a | -US$38m |
| Feb 28 2021 | n/a | n/a | -US$35m |
| Nov 30 2020 | US$5m | US$781k | -US$34m |
| Aug 31 2020 | n/a | n/a | -US$34m |
| May 31 2020 | n/a | n/a | -US$30m |
| Feb 29 2020 | n/a | n/a | -US$28m |
| Nov 30 2019 | US$4m | US$760k | -US$28m |
| Aug 31 2019 | n/a | n/a | -US$26m |
| May 31 2019 | n/a | n/a | -US$26m |
| Feb 28 2019 | n/a | n/a | -US$30m |
| Nov 30 2018 | US$5m | US$760k | -US$31m |
| Aug 31 2018 | n/a | n/a | -US$34m |
| May 31 2018 | n/a | n/a | -US$36m |
| Feb 28 2018 | n/a | n/a | -US$35m |
| Nov 30 2017 | US$5m | US$758k | -US$37m |
Compensation vs Market: Greg's total compensation ($USD5.15M) is above average for companies of similar size in the Canadian market ($USD2.02M).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
CEO
Greg Lang (69 yo)
12.8yrs
Tenure
US$5,148,848
Compensation
Mr. Gregory A. Lang, also known as Greg, has been the Chief Executive Officer and President of NovaGold Resources Inc. since January 9, 2012 and has been its Director since 2012. Mr. Lang has extensive div...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.8yrs | US$5.15m | 0.59% CA$ 10.0m | |
| CFO & VP | less than a year | no data | 0.00050% CA$ 8.4k | |
| VP & COO | less than a year | no data | 0.13% CA$ 2.2m | |
| Manager of Investor Relations | less than a year | no data | no data | |
| VP & General Counsel | less than a year | no data | 0.0010% CA$ 17.4k | |
| Vice President of Corporate Communications | 12.7yrs | no data | 0.10% CA$ 1.7m | |
| Corporate Secretary | 7.8yrs | no data | no data |
0.8yrs
Average Tenure
57yo
Average Age
Experienced Management: NG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 12.6yrs | US$5.15m | 0.59% CA$ 10.0m | |
| Non-Independent Chairman of the Board | 13yrs | US$321.89k | 0.14% CA$ 2.3m | |
| Independent Director | 17.8yrs | US$217.19k | 0.024% CA$ 406.0k | |
| Independent Director | 6.5yrs | US$198.49k | 0.0093% CA$ 157.6k | |
| Independent Director | 1.5yrs | US$236.85k | no data | |
| Independent Director | 5.5yrs | US$207.29k | 0.0071% CA$ 119.6k | |
| Independent Director | 1.5yrs | US$244.55k | no data | |
| Independent Director | 1.5yrs | US$247.61k | 0.0031% CA$ 51.5k | |
| Independent Lead Director | 4.5yrs | US$216.09k | 0.0063% CA$ 106.3k | |
| Independent Director | 2.5yrs | US$199.59k | no data |
5.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: NG's board of directors are considered experienced (5 years average tenure).