Critical Elements Lithium Management
Management criteria checks 2/4
Critical Elements Lithium's CEO is Jean-Sebastien Lavallee, appointed in Nov 2010, has a tenure of 13.5 years. directly owns 3.34% of the company’s shares, worth CA$6.83M. The average tenure of the management team and the board of directors is 7.1 years and 6.9 years respectively.
Key information
Jean-Sebastien Lavallee
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 13.5yrs |
| CEO ownership | 3.3% |
| Management average tenure | 7.1yrs |
| Board average tenure | 6.9yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2023 | n/a | n/a | -CA$4m |
| Feb 28 2023 | n/a | n/a | -CA$3m |
| Nov 30 2022 | n/a | n/a | -CA$6m |
| Aug 31 2022 | CA$2m | CA$404k | -CA$6m |
| May 31 2022 | n/a | n/a | -CA$5m |
| Feb 28 2022 | n/a | n/a | -CA$4m |
| Nov 30 2021 | n/a | n/a | -CA$3m |
| Aug 31 2021 | CA$653k | CA$473k | -CA$2m |
| May 31 2021 | n/a | n/a | -CA$2m |
| Feb 28 2021 | n/a | n/a | -CA$2m |
| Nov 30 2020 | n/a | n/a | -CA$2m |
| Aug 31 2020 | CA$397k | CA$325k | -CA$2m |
| May 31 2020 | n/a | n/a | -CA$2m |
| Feb 29 2020 | n/a | n/a | -CA$2m |
| Nov 30 2019 | n/a | n/a | -CA$2m |
| Aug 31 2019 | CA$508k | CA$398k | -CA$2m |
| May 31 2019 | n/a | n/a | -CA$3m |
| Feb 28 2019 | n/a | n/a | -CA$3m |
| Nov 30 2018 | n/a | n/a | -CA$6m |
| Aug 31 2018 | CA$1m | CA$298k | -CA$5m |
| May 31 2018 | n/a | n/a | -CA$5m |
| Feb 28 2018 | n/a | n/a | -CA$4m |
| Nov 30 2017 | n/a | n/a | -CA$2m |
| Aug 31 2017 | CA$2m | CA$299k | -CA$4m |
Compensation vs Market: Insufficient data to establish whether Jean-Sebastien's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Jean-Sebastien's compensation has increased whilst the company is unprofitable.
CEO
Jean-Sebastien Lavallee (44 yo)
13.5yrs
Tenure
CA$1,527,724
Compensation
Mr. Jean-Sebastien Lavallee, P.Geo, has been Chief Executive Officer of Critical Elements Lithium Corporation (formerly, First Gold Exploration, Inc.) since November 2010 and served as its President from N...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 13.5yrs | CA$1.53m | 3.34% CA$ 6.8m | |
| President & Director | 7.3yrs | CA$378.10k | 0.46% CA$ 940.0k | |
| Secretary & CFO | 14.3yrs | CA$255.67k | no data | |
| Vice-President Engineering | 1.3yrs | CA$311.54k | no data | |
| VP of Finance & Director | 6.9yrs | CA$105.94k | 0.023% CA$ 47.0k | |
| Senior Director of Sustainable Development & Environment | less than a year | no data | no data |
7.1yrs
Average Tenure
54yo
Average Age
Experienced Management: CRE's management team is seasoned and experienced (7.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 14.6yrs | CA$1.53m | 3.34% CA$ 6.8m | |
| President & Director | 7.1yrs | CA$378.10k | 0.46% CA$ 940.0k | |
| VP of Finance & Director | 6.9yrs | CA$105.94k | 0.023% CA$ 47.0k | |
| Independent Chairman | 4.2yrs | CA$41.00k | 0.11% CA$ 235.0k | |
| Independent Director | 2.7yrs | CA$186.78k | 0.00046% CA$ 941.9 | |
| Independent Director | 11.2yrs | CA$22.50k | 0.14% CA$ 288.2k | |
| Independent Director | 9.8yrs | CA$20.50k | 0.20% CA$ 399.5k | |
| Independent Director | 1.8yrs | CA$170.64k | 0.00044% CA$ 901.0 | |
| Independent Director | 1.8yrs | CA$170.64k | no data |
6.9yrs
Average Tenure
Experienced Board: CRE's board of directors are considered experienced (6.9 years average tenure).