Grounded Lithium Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Gregg Smith
Chief executive officer
CA$115.4k
Total compensation
| CEO salary percentage | 95.3% |
| CEO tenure | 3.6yrs |
| CEO ownership | 3.0% |
| Management average tenure | no data |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$115k | CA$110k | -CA$4m |
| Sep 30 2023 | n/a | n/a | -CA$6m |
| Jun 30 2023 | n/a | n/a | -CA$8m |
| Mar 31 2023 | n/a | n/a | -CA$8m |
| Dec 31 2022 | CA$164k | CA$140k | -CA$7m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$3m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$14k | n/a | -CA$2m |
Compensation vs Market: Gregg's total compensation ($USD84.36K) is below average for companies of similar size in the Canadian market ($USD175.48K).
Compensation vs Earnings: Gregg's compensation has been consistent with company performance over the past year.
CEO
Gregg Smith
3.6yrs
Tenure
CA$115,400
Compensation
Mr. Gregg Smith is President, CEO & Director of VAR Resources Corp. (formerly known as Grounded Lithium Corp) from October 26, 2020. Mr. Gregg Smith was Senior Vice President and Chief Operating Officer of...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | CA$115.40k | 3.01% CA$ 106.1k | |
| Senior VP of Corporate Development | 3.6yrs | CA$116.28k | 2.14% CA$ 75.3k | |
| Independent Director | 1.8yrs | CA$12.50k | 0.064% CA$ 2.2k | |
| Independent Chairman | 1.8yrs | CA$12.50k | 0.83% CA$ 29.2k | |
| Independent Director | 1.8yrs | CA$12.50k | 0.89% CA$ 31.3k |
1.8yrs
Average Tenure
60yo
Average Age
Experienced Board: GRD's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.