Golden Arrow Resources Corporation

TSXV:GRG Stock Report

Market Cap: CA$6.5m

Golden Arrow Resources Management

Management criteria checks 2/4

Golden Arrow Resources' CEO is Joe Grosso, appointed in May 2013, has a tenure of 11.5 years. total yearly compensation is CA$367.30K, comprised of 83.3% salary and 16.7% bonuses, including company stock and options. directly owns 6.62% of the company’s shares, worth CA$431.33K. The average tenure of the management team and the board of directors is 11.5 years and 20.8 years respectively.

Key information

Joe Grosso

Chief executive officer

CA$367.3k

Total compensation

CEO salary percentage83.3%
CEO tenure11.5yrs
CEO ownership6.6%
Management average tenure11.5yrs
Board average tenure20.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Grosso's remuneration changed compared to Golden Arrow Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$4m

Mar 31 2024n/an/a

-CA$4m

Dec 31 2023CA$367kCA$306k

-CA$6m

Sep 30 2023n/an/a

-CA$6m

Jun 30 2023n/an/a

-CA$7m

Mar 31 2023n/an/a

-CA$7m

Dec 31 2022CA$275kCA$275k

-CA$6m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$7m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$275kCA$275k

-CA$6m

Sep 30 2021n/an/a

-CA$6m

Jun 30 2021n/an/a

-CA$5m

Mar 31 2021n/an/a

-CA$6m

Dec 31 2020CA$275kCA$275k

-CA$6m

Sep 30 2020n/an/a

-CA$6m

Jun 30 2020n/an/a

-CA$20m

Mar 31 2020n/an/a

-CA$19m

Dec 31 2019CA$825kCA$275k

-CA$20m

Sep 30 2019n/an/a

-CA$21m

Jun 30 2019n/an/a

-CA$9m

Mar 31 2019n/an/a

-CA$17m

Dec 31 2018CA$275kCA$275k

-CA$18m

Sep 30 2018n/an/a

-CA$16m

Jun 30 2018n/an/a

-CA$12m

Mar 31 2018n/an/a

CA$37m

Dec 31 2017CA$575kCA$125k

CA$40m

Compensation vs Market: Joe's total compensation ($USD262.78K) is above average for companies of similar size in the Canadian market ($USD169.25K).

Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.

CEO

Joe Grosso (85 yo)

11.5yrs

Tenure

CA$367,299

Compensation

Mr. Joseph Nicola Grosso, also known as Joe, has been the Chief Executive Officer of Golden Arrow Resources Corporation since May 17, 2013 and as its President. Mr. Grosso served as Advisor at Blue Sky Ura...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Grosso
Executive Chairman11.5yrsCA$367.30k6.62%
CA$ 431.3k
Darren Urquhart
Chief Financial Officerno dataCA$72.59kno data
Nikolaos Cacos
VP of Corporate Development & Director12yrsCA$162.67k0.028%
CA$ 1.8k
Brian McEwen
Vice President of Exploration & Developmentno dataCA$267.80k0.82%
CA$ 53.2k
Connie Norman
Corporate Secretary6.8yrsno data0.29%
CA$ 18.7k

11.5yrs

Average Tenure

61.5yo

Average Age

Experienced Management: GRG's management team is seasoned and experienced (11.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Grosso
Executive Chairman20.8yrsCA$367.30k6.62%
CA$ 431.3k
Nikolaos Cacos
VP of Corporate Development & Director20.8yrsCA$162.67k0.028%
CA$ 1.8k
David Terry
Independent Director20.8yrsCA$93.45k0.014%
CA$ 908.8
John Gammon
Independent Director17.8yrsCA$26.23k0.19%
CA$ 12.4k

20.8yrs

Average Tenure

70.5yo

Average Age

Experienced Board: GRG's board of directors are seasoned and experienced ( 20.8 years average tenure).