District Metals Management
Management criteria checks 2/4
District Metals' CEO is Garrett Ainsworth, appointed in Jul 2018, has a tenure of 6.33 years. total yearly compensation is CA$382.50K, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 2.56% of the company’s shares, worth CA$1.17M. The average tenure of the management team and the board of directors is 4.1 years and 5 years respectively.
Key information
Garrett Ainsworth
Chief executive officer
CA$382.5k
Total compensation
| CEO salary percentage | 66.7% |
| CEO tenure | 6.3yrs |
| CEO ownership | 2.6% |
| Management average tenure | 4.1yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | CA$383k | CA$255k | -CA$3m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | n/a | n/a | -CA$1m |
| Sep 30 2023 | n/a | n/a | -CA$1m |
| Jun 30 2023 | CA$255k | CA$255k | -CA$1m |
| Mar 31 2023 | n/a | n/a | -CA$1m |
| Dec 31 2022 | n/a | n/a | -CA$969k |
| Sep 30 2022 | n/a | n/a | -CA$2m |
| Jun 30 2022 | CA$255k | CA$255k | -CA$2m |
| Mar 31 2022 | n/a | n/a | -CA$2m |
| Dec 31 2021 | n/a | n/a | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | CA$379k | CA$252k | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$3m |
| Dec 31 2020 | n/a | n/a | -CA$3m |
| Sep 30 2020 | n/a | n/a | -CA$1m |
| Jun 30 2020 | CA$134k | CA$134k | -CA$1m |
| Mar 31 2020 | n/a | n/a | -CA$638k |
| Dec 31 2019 | n/a | n/a | -CA$606k |
| Sep 30 2019 | n/a | n/a | -CA$625k |
| Jun 30 2019 | CA$117k | CA$117k | -CA$968k |
| Mar 31 2019 | n/a | n/a | -CA$909k |
| Dec 31 2018 | n/a | n/a | -CA$843k |
| Sep 30 2018 | n/a | n/a | -CA$748k |
| Jun 30 2018 | CA$10k | CA$10k | -CA$103k |
Compensation vs Market: Garrett's total compensation ($USD273.65K) is above average for companies of similar size in the Canadian market ($USD169.25K).
Compensation vs Earnings: Garrett's compensation has increased whilst the company is unprofitable.
CEO
Garrett Ainsworth (46 yo)
6.3yrs
Tenure
CA$382,500
Compensation
Mr. Garrett Paul Ainsworth, DIPTECH, BTECH (HONS), BSC (HONS), PGEO, has been Advisor of Genesis Metals Corp. November 21, 2018. Mr. Ainsworth has been the President, Chief Executive Officer and Director a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | CA$382.50k | 2.56% CA$ 1.2m | |
| CFO & Corporate Secretary | 3.8yrs | CA$100.00k | 0.038% CA$ 17.5k | |
| Strategic Advisor | 4.7yrs | no data | no data | |
| Strategic Advisor | 4.1yrs | no data | no data | |
| Vice President of Exploration | less than a year | no data | no data |
4.1yrs
Average Tenure
46yo
Average Age
Experienced Management: DMX's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | CA$382.50k | 2.56% CA$ 1.2m | |
| Independent Director | 4.7yrs | CA$30.60k | 1.06% CA$ 483.7k | |
| Independent Director | 4.1yrs | CA$30.60k | 0.023% CA$ 10.5k | |
| Independent Director | 5.3yrs | CA$30.60k | 0.21% CA$ 98.0k |
5.0yrs
Average Tenure
52.5yo
Average Age
Experienced Board: DMX's board of directors are considered experienced (5 years average tenure).