Goldsource Mines Management

Management criteria checks 4/4

Goldsource Mines' CEO is Steve Parsons, appointed in Nov 2020, has a tenure of 3.5 years. total yearly compensation is CA$275.00K, comprised of 90.9% salary and 9.1% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth CA$143.74K. The average tenure of the management team and the board of directors is 3.5 years and 7.5 years respectively.

Key information

Steve Parsons

Chief executive officer

CA$275.0k

Total compensation

CEO salary percentage90.9%
CEO tenure3.5yrs
CEO ownership0.3%
Management average tenure3.5yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

We're Keeping An Eye On Goldsource Mines' (CVE:GXS) Cash Burn Rate

Apr 15
We're Keeping An Eye On Goldsource Mines' (CVE:GXS) Cash Burn Rate

We Think Goldsource Mines (CVE:GXS) Can Afford To Drive Business Growth

Sep 03
We Think Goldsource Mines (CVE:GXS) Can Afford To Drive Business Growth

Here's Why We're Watching Goldsource Mines' (CVE:GXS) Cash Burn Situation

Feb 06
Here's Why We're Watching Goldsource Mines' (CVE:GXS) Cash Burn Situation

CEO Compensation Analysis

How has Steve Parsons's remuneration changed compared to Goldsource Mines's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-CA$5m

Sep 30 2023n/an/a

-CA$5m

Jun 30 2023n/an/a

-CA$5m

Mar 31 2023n/an/a

-CA$5m

Dec 31 2022CA$275kCA$250k

-CA$6m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$9m

Mar 31 2022n/an/a

-CA$9m

Dec 31 2021CA$280kCA$225k

-CA$10m

Sep 30 2021n/an/a

-CA$10m

Jun 30 2021n/an/a

-CA$10m

Mar 31 2021n/an/a

-CA$9m

Dec 31 2020CA$223kCA$29k

-CA$9m

Compensation vs Market: Steve's total compensation ($USD199.87K) is about average for companies of similar size in the Canadian market ($USD174.31K).

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


CEO

Steve Parsons

3.5yrs

Tenure

CA$275,000

Compensation

Mr. Stephen Parsons, also known as Steve, P.Eng serves as the Chief Executive Officer of Goldsource Mines Inc. since November 13, 2020. He served as a Director and Senior Gold Mining Analyst at National Ba...


Leadership Team

NamePositionTenureCompensationOwnership
Nathan Fier
Executive Chairman7.9yrsCA$60.00k0.56%
CA$ 249.9k
Stephen Parsons
Chief Executive Officer3.5yrsCA$275.00k0.32%
CA$ 143.7k
Ioannis Tsitos
President & Director10.3yrsCA$200.00k0.20%
CA$ 87.6k
Kimberly Newsome
Vice President of Finance2.6yrsCA$138.50kno data
Jada Soomer
Director of Communications14yrsno datano data
Kevin Pickett
Chief Geologist3yrsno datano data
Bernard Poznanski
Corporate Secretaryno datano data0.15%
CA$ 66.0k

3.5yrs

Average Tenure

61yo

Average Age

Experienced Management: GXS's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nathan Fier
Executive Chairman7.9yrsCA$60.00k0.56%
CA$ 249.9k
Ioannis Tsitos
President & Director10.3yrsCA$200.00k0.20%
CA$ 87.6k
Graham Thody
Lead Independent Director20.4yrsCA$20.00k0.29%
CA$ 129.8k
Haytham Hodaly
Independent Director7.2yrsCA$20.00kno data
Laurence Gaborit
Independent Directorless than a yearno datano data
Edward William Anwyll
Independent Director4.5yrsCA$20.00k0.13%
CA$ 59.2k

7.5yrs

Average Tenure

60yo

Average Age

Experienced Board: GXS's board of directors are considered experienced (7.5 years average tenure).


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