GFG Resources Inc

TSXV:GFG Stock Report

Market Cap: CA$37.4m

GFG Resources Management

Management criteria checks 4/4

GFG Resources' CEO is Brian Skanderbeg, appointed in Jun 2016, has a tenure of 8.42 years. total yearly compensation is CA$215.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.52% of the company’s shares, worth CA$941.69K. The average tenure of the management team and the board of directors is 8.1 years and 7.9 years respectively.

Key information

Brian Skanderbeg

Chief executive officer

CA$215.0k

Total compensation

CEO salary percentage100.0%
CEO tenure8.4yrs
CEO ownership2.5%
Management average tenure8.1yrs
Board average tenure7.9yrs

Recent management updates

Recent updates

Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Oct 13
Here's Why We're Watching GFG Resources' (CVE:GFG) Cash Burn Situation

Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

Feb 16
Is GFG Resources (CVE:GFG) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Brian Skanderbeg's remuneration changed compared to GFG Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024CA$215kCA$215k

-CA$1m

Mar 31 2024n/an/a

-CA$12m

Dec 31 2023n/an/a

-CA$12m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023CA$215kCA$215k

-CA$12m

Mar 31 2023n/an/a

-CA$1m

Dec 31 2022n/an/a

-CA$1m

Sep 30 2022n/an/a

-CA$929k

Jun 30 2022CA$206kCA$206k

-CA$860k

Mar 31 2022n/an/a

-CA$756k

Dec 31 2021n/an/a

-CA$640k

Sep 30 2021n/an/a

-CA$546k

Jun 30 2021CA$200kCA$200k

-CA$391k

Mar 31 2021n/an/a

-CA$585k

Dec 31 2020n/an/a

-CA$461k

Sep 30 2020n/an/a

-CA$616k

Jun 30 2020CA$200kCA$200k

-CA$807k

Mar 31 2020n/an/a

-CA$827k

Dec 31 2019n/an/a

-CA$958k

Sep 30 2019n/an/a

-CA$833k

Jun 30 2019CA$200kCA$200k

-CA$881k

Mar 31 2019n/an/a

-CA$912k

Dec 31 2018n/an/a

-CA$1m

Sep 30 2018n/an/a

-CA$2m

Jun 30 2018CA$238kCA$238k

-CA$2m

Compensation vs Market: Brian's total compensation ($USD153.78K) is about average for companies of similar size in the Canadian market ($USD167.57K).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.

CEO

Brian Skanderbeg (48 yo)

8.4yrs

Tenure

CA$215,000

Compensation

Mr. Brian N. Skanderbeg, P.Geo., serves as an Independent Director at Wesdome Gold Mines Limited since May 14, 2019. Mr. Skanderbeg serves as Special Advisor to the Board at SKRR Exploration Inc. since Aug...

Leadership Team

NamePositionTenureCompensationOwnership
Brian Skanderbeg
President8.4yrsCA$215.00k2.52%
CA$ 941.7k
Richard Johnson
CFO & Corporate Secretary8.1yrsCA$135.00k0.30%
CA$ 113.8k
Anders Carlson
Vice President of Exploration1.5yrsCA$205.00k0.71%
CA$ 264.7k

8.1yrs

Average Tenure

Experienced Management: GFG's management team is seasoned and experienced (8.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Brian Skanderbeg
President8.1yrsCA$215.00k2.52%
CA$ 941.7k
Patrick Downey
Independent Chairman of the Board8.1yrsCA$22.50k0.62%
CA$ 233.4k
Arnold Klassen
Independent Director7.9yrsCA$18.00k0.24%
CA$ 88.9k
Brian Booth
Independent Director5.3yrsCA$15.00k0.14%
CA$ 51.2k
Lisa Riley
Independent Director3.6yrsCA$15.00k0.062%
CA$ 23.2k

7.9yrs

Average Tenure

64yo

Average Age

Experienced Board: GFG's board of directors are considered experienced (7.9 years average tenure).