Critical Elements Lithium Corporation

TSXV:CRE Stock Report

Market Cap: CA$98.0m

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 15.08 years. total yearly compensation is CA$1.68M, comprised of 25.4% salary and 74.6% bonuses, including company stock and options. directly owns 3.34% of the company’s shares, worth CA$3.27M. The average tenure of the management team and the board of directors is 7.6 years and 7.4 years respectively.

Key information

Jean-Sebastien Lavallee

Chief executive officer

CA$1.7m

Total compensation

CEO salary percentage25.4%
CEO tenure14yrs
CEO ownership3.3%
Management average tenure7.6yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

We're Not Very Worried About Critical Elements Lithium's (CVE:CRE) Cash Burn Rate

Dec 25
We're Not Very Worried About Critical Elements Lithium's (CVE:CRE) Cash Burn Rate

We Think Critical Elements Lithium (CVE:CRE) Can Easily Afford To Drive Business Growth

Aug 30
We Think Critical Elements Lithium (CVE:CRE) Can Easily Afford To Drive Business Growth

CEO Compensation Analysis

How has Jean-Sebastien Lavallee's remuneration changed compared to Critical Elements Lithium's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$124k

May 31 2024n/an/a

CA$2m

Feb 29 2024n/an/a

-CA$5m

Nov 30 2023n/an/a

-CA$3m

Aug 31 2023CA$2mCA$427k

-CA$3m

May 31 2023n/an/a

-CA$4m

Feb 28 2023n/an/a

-CA$3m

Nov 30 2022n/an/a

-CA$6m

Aug 31 2022CA$2mCA$404k

-CA$6m

May 31 2022n/an/a

-CA$5m

Feb 28 2022n/an/a

-CA$4m

Nov 30 2021n/an/a

-CA$3m

Aug 31 2021CA$653kCA$473k

-CA$2m

May 31 2021n/an/a

-CA$2m

Feb 28 2021n/an/a

-CA$2m

Nov 30 2020n/an/a

-CA$2m

Aug 31 2020CA$397kCA$325k

-CA$2m

May 31 2020n/an/a

-CA$2m

Feb 29 2020n/an/a

-CA$2m

Nov 30 2019n/an/a

-CA$2m

Aug 31 2019CA$508kCA$398k

-CA$2m

May 31 2019n/an/a

-CA$3m

Feb 28 2019n/an/a

-CA$3m

Nov 30 2018n/an/a

-CA$6m

Aug 31 2018CA$1mCA$298k

-CA$5m

Compensation vs Market: Jean-Sebastien's total compensation ($USD1.20M) is above average for companies of similar size in the Canadian market ($USD169.25K).

Compensation vs Earnings: Jean-Sebastien's compensation has increased whilst the company is unprofitable.

CEO

Jean-Sebastien Lavallee (45 yo)

14yrs

Tenure

CA$1,681,744

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

NamePositionTenureCompensationOwnership
Jean-Sebastien Lavallee
CEO & Director14yrsCA$1.68m3.34%
CA$ 3.3m
Steffen Haber
President & Director7.8yrsCA$787.48k0.46%
CA$ 450.0k
Nathalie Laurin
Secretary & CFO14.8yrsCA$431.51kno data
Yves Perron
Vice-President of Engineering1.8yrsCA$1.38mno data
Marcus Brune
VP of Finance & Director7.4yrsCA$335.66k0.023%
CA$ 22.5k
Nancy Duquet-Harvey
Senior Director of Sustainable Development & Environment1.4yrsno datano data

7.6yrs

Average Tenure

55yo

Average Age

Experienced Management: CRE's management team is seasoned and experienced (7.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jean-Sebastien Lavallee
CEO & Director15.1yrsCA$1.68m3.34%
CA$ 3.3m
Steffen Haber
President & Director7.6yrsCA$787.48k0.46%
CA$ 450.0k
Marcus Brune
VP of Finance & Director7.4yrsCA$335.66k0.023%
CA$ 22.5k
Eric Zaunscherb
Independent Chairman4.7yrsCA$177.25k0.11%
CA$ 112.5k
Ani Markova
Independent Director3.2yrsCA$120.50k0.00046%
CA$ 450.9
Marc Simpson
Independent Director11.7yrsCA$121.25k0.14%
CA$ 138.0k
Matthew Starnes
Independent Director10.3yrsCA$119.00k0.20%
CA$ 191.3k
Vanessa Laplante
Independent Director2.3yrsCA$96.25k0.00044%
CA$ 431.3
Maysa Habelrih
Independent Director2.3yrsCA$94.75kno data

7.4yrs

Average Tenure

Experienced Board: CRE's board of directors are considered experienced (7.4 years average tenure).