Orezone Gold Management
Management criteria checks 3/4
Orezone Gold's CEO is Paddy Downey, appointed in May 2017, has a tenure of 13.08 years. total yearly compensation is $1.03M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 1.85% of the company’s shares, worth CA$5.80M. The average tenure of the management team and the board of directors is 6.6 years and 5.9 years respectively.
Key information
Paddy Downey
Chief executive officer
US$1.0m
Total compensation
CEO salary percentage | 30.8% |
CEO tenure | 7yrs |
CEO ownership | 1.8% |
Management average tenure | 6.6yrs |
Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Solid Earnings Reflect Orezone Gold's (TSE:ORE) Strength As A Business
Apr 02Need To Know: The Consensus Just Cut Its Orezone Gold Corporation (TSE:ORE) Estimates For 2024
Mar 29Is Orezone Gold (TSE:ORE) Using Too Much Debt?
Mar 05Under The Bonnet, Orezone Gold's (TSE:ORE) Returns Look Impressive
Dec 04The Trend Of High Returns At Orezone Gold (TSE:ORE) Has Us Very Interested
Aug 15Orezone Gold Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 11Would Orezone Gold (TSE:ORE) Be Better Off With Less Debt?
Nov 11Is Orezone Gold (TSE:ORE) A Risky Investment?
Aug 07Is Orezone Gold (TSE:ORE) Using Too Much Debt?
Apr 24Here's Why We're Not Too Worried About Orezone Gold's (CVE:ORE) Cash Burn Situation
Oct 24We're Interested To See How Orezone Gold (CVE:ORE) Uses Its Cash Hoard To Grow
Jul 20Have Insiders Been Buying Orezone Gold Corporation (CVE:ORE) Shares?
Jan 12We Think Orezone Gold (CVE:ORE) Needs To Drive Business Growth Carefully
Dec 08Read This Before Selling Orezone Gold Corporation (CVE:ORE) Shares
Jun 27CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | US$43m |
Sep 30 2023 | n/a | n/a | US$43m |
Jun 30 2023 | n/a | n/a | US$38m |
Mar 31 2023 | n/a | n/a | US$29m |
Dec 31 2022 | US$1m | US$318k | US$930k |
Sep 30 2022 | n/a | n/a | -US$7m |
Jun 30 2022 | n/a | n/a | -US$15m |
Mar 31 2022 | n/a | n/a | -US$21m |
Dec 31 2021 | US$1m | US$340k | -US$19m |
Sep 30 2021 | n/a | n/a | -US$19m |
Jun 30 2021 | n/a | n/a | -US$15m |
Mar 31 2021 | n/a | n/a | -US$14m |
Dec 31 2020 | US$610k | US$212k | -US$18m |
Sep 30 2020 | n/a | n/a | -US$19m |
Jun 30 2020 | n/a | n/a | -US$20m |
Mar 31 2020 | n/a | n/a | -US$23m |
Dec 31 2019 | US$378k | US$231k | -US$21m |
Sep 30 2019 | n/a | n/a | -US$20m |
Jun 30 2019 | n/a | n/a | -US$17m |
Mar 31 2019 | n/a | n/a | -US$16m |
Dec 31 2018 | US$378k | US$220k | -US$15m |
Sep 30 2018 | n/a | n/a | -US$12m |
Jun 30 2018 | n/a | n/a | -US$10m |
Mar 31 2018 | n/a | n/a | -US$10m |
Dec 31 2017 | US$880k | US$199k | -US$9m |
Compensation vs Market: Paddy's total compensation ($USD1.03M) is above average for companies of similar size in the Canadian market ($USD740.11K).
Compensation vs Earnings: Paddy's compensation has been consistent with company performance over the past year.
CEO
Paddy Downey (63 yo)
7yrs
Tenure
US$1,032,273
Compensation
Mr. Patrick G. Downey, also known as Paddy, P.Eng, serves as Director at Fireweed Metals Corp. since September 2023. He is President and Chief Executive Officer at Orezone Gold Corporation since May 22, 20...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 7yrs | US$1.03m | 1.85% $ 5.8m | |
Executive VP & CFO | 6.2yrs | US$690.64k | 0.29% $ 909.5k | |
Senior VP & General Counsel | 5.2yrs | US$486.03k | 0.21% $ 658.6k | |
Senior Vice President of Exploration | 15.3yrs | US$404.78k | 0.80% $ 2.5m | |
Vice President of Corporate Development & Investor Relation | no data | no data | 0.019% $ 58.4k |
6.6yrs
Average Tenure
Experienced Management: ORE's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 13.1yrs | US$1.03m | 1.85% $ 5.8m | |
Independent Director | 9.6yrs | US$134.01k | 0.19% $ 596.7k | |
Independent Director | 6.8yrs | US$132.90k | 0.14% $ 442.0k | |
Independent Chairman of the Board | 15.3yrs | US$163.33k | 1.28% $ 4.0m | |
Independent Director | 1.9yrs | US$118.12k | 0.030% $ 95.2k | |
Director | less than a year | no data | 0.027% $ 85.0k | |
Independent Director | 5.9yrs | US$136.67k | 0.093% $ 293.2k | |
Director | less than a year | no data | 0.0077% $ 24.2k | |
Independent Director | 5.9yrs | US$131.13k | 0.25% $ 793.5k |
5.9yrs
Average Tenure
63yo
Average Age
Experienced Board: ORE's board of directors are considered experienced (5.9 years average tenure).