Element 29 Resources Management
Management criteria checks 2/4
Element 29 Resources' CEO is Richard Osmond, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is CA$36.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.8% of the company’s shares, worth CA$1.06M. The average tenure of the management team and the board of directors is 0.8 years and 0.4 years respectively.
Key information
Richard Osmond
Chief executive officer
CA$36.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 1.8% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | CA$36k | CA$36k | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$4m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$4m |
| Dec 31 2022 | CA$91k | CA$91k | -CA$5m |
| Sep 30 2022 | n/a | n/a | -CA$4m |
| Jun 30 2022 | n/a | n/a | -CA$4m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$219k | CA$83k | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$3m |
| Dec 31 2020 | CA$15k | n/a | -CA$2m |
Compensation vs Market: Richard's total compensation ($USD25.71K) is below average for companies of similar size in the Canadian market ($USD167.57K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Osmond (56 yo)
less than a year
Tenure
CA$36,000
Compensation
Mr. Richard T. Osmond, P. Geo., ICD D, serves as President of GlobeTrotters Resource Group Inc since November 2009. Mr. Osmond serves as Member of Advisory Board at Tesoro Minerals Corporation.He is a Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$36.00k | 1.8% CA$ 1.1m | |
| Chief Financial Officer | no data | CA$90.00k | 0.29% CA$ 171.5k | |
| Chief Technical Officer & Country Manager | less than a year | no data | 1.36% CA$ 801.3k | |
| Corporate Secreatry | 1.8yrs | no data | no data |
0.8yrs
Average Tenure
56yo
Average Age
Experienced Management: ECU's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 7.3yrs | CA$36.00k | 1.8% CA$ 1.1m | |
| Independent Director | less than a year | no data | 0.42% CA$ 245.0k | |
| Independent Chair | less than a year | no data | 0.25% CA$ 149.4k | |
| Independent Director | 5.7yrs | CA$21.00k | no data | |
| Independent Director | less than a year | no data | no data |
0.4yrs
Average Tenure
56yo
Average Age
Experienced Board: ECU's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.