Azimut Exploration Management

Management criteria checks 3/4

Azimut Exploration's CEO is Jean-Marc Lulin, appointed in Jun 2003, has a tenure of 21.67 years. total yearly compensation is CA$390.00K, comprised of 87.2% salary and 12.8% bonuses, including company stock and options. directly owns 2.8% of the company’s shares, worth CA$1.51M. The average tenure of the management team and the board of directors is 10.8 years and 6.8 years respectively.

Key information

Jean-Marc Lulin

Chief executive officer

CA$390.0k

Total compensation

CEO salary percentage87.2%
CEO tenure21.7yrs
CEO ownership2.8%
Management average tenure10.8yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

Investors Shouldn't Be Too Comfortable With Azimut Exploration's (CVE:AZM) Robust Earnings

Jul 22
Investors Shouldn't Be Too Comfortable With Azimut Exploration's (CVE:AZM) Robust Earnings

We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Mar 15
We're Not Very Worried About Azimut Exploration's (CVE:AZM) Cash Burn Rate

Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

Jan 31
Is Azimut Exploration (CVE:AZM) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Jean-Marc Lulin's remuneration changed compared to Azimut Exploration's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 30 2024n/an/a

CA$193k

Aug 31 2024CA$390kCA$340k

CA$43k

May 31 2024n/an/a

CA$985k

Feb 29 2024n/an/a

-CA$2m

Nov 30 2023n/an/a

-CA$2m

Aug 31 2023CA$340kCA$340k

-CA$2m

May 31 2023n/an/a

-CA$2m

Feb 28 2023n/an/a

CA$105k

Nov 30 2022n/an/a

CA$1m

Aug 31 2022CA$309kCA$309k

CA$2m

May 31 2022n/an/a

CA$3m

Feb 28 2022n/an/a

CA$777k

Nov 30 2021n/an/a

-CA$220k

Aug 31 2021CA$256kCA$256k

-CA$551k

May 31 2021n/an/a

-CA$655k

Feb 28 2021n/an/a

CA$101k

Nov 30 2020n/an/a

-CA$107k

Aug 31 2020CA$345kCA$220k

-CA$303k

May 31 2020n/an/a

-CA$1m

Feb 29 2020n/an/a

-CA$837k

Nov 30 2019n/an/a

-CA$909k

Aug 31 2019CA$187kCA$187k

-CA$956k

May 31 2019n/an/a

-CA$241k

Feb 28 2019n/an/a

-CA$297k

Nov 30 2018n/an/a

-CA$178k

Aug 31 2018CA$208kCA$178k

-CA$19k

Compensation vs Market: Jean-Marc's total compensation ($USD272.61K) is above average for companies of similar size in the Canadian market ($USD165.15K).

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


CEO

Jean-Marc Lulin

21.7yrs

Tenure

CA$390,000

Compensation

Dr. Jean-Marc Lulin, Ph D., P.Geo. has been the Chief Executive Officer and President of Azimut Exploration Inc. since June 5, 2003. Dr. Lulin developed and implemented a mineral potential targeting method...


Leadership Team

NamePositionTenureCompensationOwnership
Jean-Marc Lulin
President21.7yrsCA$390.00k2.8%
CA$ 1.5m
Moniroth Lim
CFO & Corporate Secretary18.8yrsCA$201.67k0.30%
CA$ 163.8k
Jonathan Rosset
Vice-President Corporate Development2.8yrsCA$220.83k0.58%
CA$ 315.0k
Rock Lefrancois
Vice President of Exploration1.8yrsCA$220.00kno data
Marc Pothier
Legal Counselno datano datano data

10.8yrs

Average Tenure

Experienced Management: AZM's management team is seasoned and experienced (10.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jean-Marc Lulin
President21.7yrsCA$390.00k2.8%
CA$ 1.5m
Jean-Charles Potvin
Independent Director21.7yrsCA$25.00k1.36%
CA$ 733.7k
Glenn Mullan
Independent Chairman of the Board5yrsCA$30.00k0.093%
CA$ 50.4k
Jacques Simoneau
Independent Director12.8yrsCA$25.00k0.47%
CA$ 254.5k
Christiane Bergevin
Independent Director2.5yrsCA$20.00k0.023%
CA$ 12.6k
Michel Brunet
Independent Director6.8yrsCA$20.00k0.067%
CA$ 36.2k
Vanessa Laplante
Independent Director1yrCA$10.39k0.023%
CA$ 12.6k

6.8yrs

Average Tenure

66yo

Average Age

Experienced Board: AZM's board of directors are considered experienced (6.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 08:30
End of Day Share Price 2025/02/05 00:00
Earnings2024/11/30
Annual Earnings2024/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Azimut Exploration Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Barry AllanLaurentian Bank Securities, Inc.
null RESEARCH DEPARTMENTStonecap Securities Inc.