Freeport Resources Management
Management criteria checks 3/4
Freeport Resources' CEO is Gordon Friesen, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is CA$69.88K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth CA$9.00K. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.
Key information
Gordon Friesen
Chief executive officer
CA$69.9k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.08% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2024 | n/a | n/a | -CA$4m |
| Apr 30 2024 | n/a | n/a | -CA$2m |
| Jan 31 2024 | CA$70k | CA$70k | -CA$2m |
| Oct 31 2023 | n/a | n/a | -CA$2m |
| Jul 31 2023 | n/a | n/a | -CA$2m |
| Apr 30 2023 | n/a | n/a | -CA$2m |
| Jan 31 2023 | CA$54k | CA$54k | -CA$1m |
| Oct 31 2022 | n/a | n/a | -CA$2m |
| Jul 31 2022 | n/a | n/a | -CA$6m |
| Apr 30 2022 | n/a | n/a | -CA$6m |
| Jan 31 2022 | CA$60k | CA$60k | -CA$6m |
| Oct 31 2021 | n/a | n/a | -CA$14m |
| Jul 31 2021 | n/a | n/a | -CA$10m |
| Apr 30 2021 | n/a | n/a | -CA$9m |
| Jan 31 2021 | CA$60k | CA$60k | -CA$9m |
Compensation vs Market: Gordon's total compensation ($USD50.07K) is below average for companies of similar size in the Canadian market ($USD171.96K).
Compensation vs Earnings: Gordon's compensation has increased whilst the company is unprofitable.
CEO
Gordon Friesen
4.6yrs
Tenure
CA$69,876
Compensation
Mr. Gordon Friesen serves as President and also serves as a Chief Executive Officer, Director at Freeport Resources Inc. since April 23, 2020. Mr. Friesen serves as Independent Director of Glacier Lake Res...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | CA$69.88k | 0.076% CA$ 9.0k | |
| CFO & Director | 4.6yrs | CA$60.00k | 0.53% CA$ 63.0k | |
| Senior VP of Operations & Independent Director | no data | CA$106.61k | 0.095% CA$ 11.2k | |
| Vice President of Exploration | 6yrs | no data | no data |
4.6yrs
Average Tenure
Experienced Management: FRI's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | CA$69.88k | 0.076% CA$ 9.0k | |
| CFO & Director | 4.8yrs | CA$60.00k | 0.53% CA$ 63.0k | |
| Senior VP of Operations & Independent Director | 4.2yrs | CA$106.61k | 0.095% CA$ 11.2k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 4.8yrs | CA$12.00k | 0.076% CA$ 9.0k | |
| Member of Advisory Board | 1.8yrs | no data | no data |
4.6yrs
Average Tenure
Experienced Board: FRI's board of directors are considered experienced (4.6 years average tenure).