IBC Advanced Alloys Management

Management criteria checks 3/4

IBC Advanced Alloys' CEO is Mark Smith, appointed in Jul 2020, has a tenure of 3.75 years. total yearly compensation is $188.92K, comprised of 75.8% salary and 24.2% bonuses, including company stock and options. directly owns 15.99% of the company’s shares, worth CA$1.37M. The average tenure of the management team and the board of directors is 4.3 years and 11.8 years respectively.

Key information

Mark Smith

Chief executive officer

US$188.9k

Total compensation

CEO salary percentage	75.8%
CEO tenure	3.8yrs
CEO ownership	16.0%
Management average tenure	4.3yrs
Board average tenure	11.8yrs

Recent management updates

Recent updates

Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Mar 19

Lacklustre Performance Is Driving IBC Advanced Alloys Corp.'s (CVE:IB) 31% Price Drop

Jan 26

IBC Advanced Alloys (CVE:IB) Shareholders Will Want The ROCE Trajectory To Continue

Jul 02

These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively

May 02

There's Been No Shortage Of Growth Recently For IBC Advanced Alloys' (CVE:IB) Returns On Capital

Mar 10

A Look At The Intrinsic Value Of IBC Advanced Alloys Corp. (CVE:IB)

May 18

Is IBC Advanced Alloys (CVE:IB) Using Debt Sensibly?

Feb 21

CEO Compensation Analysis

How has Mark Smith's remuneration changed compared to IBC Advanced Alloys's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$4m
Sep 30 2023	n/a	n/a	-US$5m
Jun 30 2023	US$189k	US$143k	-US$6m
Mar 31 2023	n/a	n/a	-US$4m
Dec 31 2022	n/a	n/a	-US$3m
Sep 30 2022	n/a	n/a	-US$3m
Jun 30 2022	US$170k	US$122k	-US$1m
Mar 31 2022	n/a	n/a	-US$352k
Dec 31 2021	n/a	n/a	-US$499k
Sep 30 2021	n/a	n/a	-US$1m
Jun 30 2021	US$179k	US$114k	-US$2m
Mar 31 2021	n/a	n/a	-US$1m
Dec 31 2020	n/a	n/a	-US$1m
Sep 30 2020	n/a	n/a	-US$2m
Jun 30 2020	US$40k	n/a	-US$1m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	n/a	n/a	-US$4m
Sep 30 2019	n/a	n/a	-US$4m
Jun 30 2019	US$59k	n/a	-US$4m
Mar 31 2019	n/a	n/a	-US$2m
Dec 31 2018	n/a	n/a	-US$2m
Sep 30 2018	n/a	n/a	-US$866k
Jun 30 2018	US$36k	n/a	-US$702k
Mar 31 2018	n/a	n/a	-US$3m
Dec 31 2017	n/a	n/a	-US$4m
Sep 30 2017	n/a	n/a	-US$4m
Jun 30 2017	US$139k	n/a	-US$5m

Compensation vs Market: Mark's total compensation ($USD188.92K) is about average for companies of similar size in the Canadian market ($USD174.90K).

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

CEO

Mark Smith (64 yo)

3.8yrs

Tenure

US$188,922

Compensation

Mr. Mark Allan Smith, P.E., Esq., serves as Chief Executive Officer at IBC Advanced Alloys Corp. since July 8, 2020 and served as its President since July 2020. He serves as CEO and Chairman of the Board a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Smith	CEO & Chairman	3.8yrs	US$188.92k	15.99% $ 1.4m
Toni Wendel	CFO & Corporate Secretary	4.8yrs	US$234.87k	no data
Ben Rampulla	President of EMC Division & CTO	2.5yrs	US$196.09k	0.010% $ 881.2
Mark Wolma	President of IBC Copper Alloys	16.3yrs	US$261.96k	no data
Rajeev Jain	Vice President of Sales & Engineering	2.5yrs	US$128.96k	no data
James Malone	Vice President of Nuclear Fuels & Chairman of Nuclear Fuels Advisory Board	14yrs	no data	no data

4.3yrs

Average Tenure

Experienced Management: IB's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Smith	CEO & Chairman	7.9yrs	US$188.92k	15.99% $ 1.4m
James Malone	Vice President of Nuclear Fuels & Chairman of Nuclear Fuels Advisory Board	14.6yrs	no data	no data
Simon Anderson	Independent Director	7.4yrs	US$42.90k	1.41% $ 120.6k
Christopher Hampson	Independent Director	7.9yrs	US$42.90k	0.70% $ 59.7k
Joel Gingold	Member of Nuclear Fuels Advisory Board	14.8yrs	no data	no data
Alvin Solomon	Member of Nuclear Fuels Advisory Board	15.2yrs	no data	no data
Jerry Jarvis	Independent Director	11.8yrs	US$44.70k	1.58% $ 134.7k

11.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: IB's board of directors are seasoned and experienced ( 11.8 years average tenure).

IBC Advanced Alloys Management

Management criteria checks 3/4

Key information

Recent management updates

IBC Advanced Alloys Corp., Annual General Meeting, Dec 29, 2023

IBC Advanced Alloys Corp. Announces Executive Changes

IBC Advanced Alloys Corp. Announces Executive Changes

President exercised options to buy CA$47k worth of stock.

Insufficient new directors

IBC Advanced Alloys Corp., Annual General Meeting, Dec 08, 2022

Recent updates

Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.005 loss in 2Q 2023)

IBC Advanced Alloys Corp. to Report Q2, 2024 Results on Feb 13, 2024

Lacklustre Performance Is Driving IBC Advanced Alloys Corp.'s (CVE:IB) 31% Price Drop

First quarter 2024 earnings released: US$0.009 loss per share (vs US$0.023 loss in 1Q 2023)

Is IBC Advanced Alloys (CVE:IB) Using Debt In A Risky Way?

Full year 2023 earnings released: US$0.063 loss per share (vs US$0.014 loss in FY 2022)

IBC Advanced Alloys Corp., Annual General Meeting, Dec 29, 2023

IBC Advanced Alloys Corp. Announces Executive Changes

IBC Advanced Alloys Corp. Announces Executive Changes

Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

President exercised options to buy CA$47k worth of stock.

Third quarter 2023 earnings released: US$0.005 loss per share (vs US$0.004 profit in 3Q 2022)

Second quarter 2023 earnings released: US$0.005 loss per share (vs US$0.004 profit in 2Q 2022)

IBC Advanced Alloys Corp. announced that it expects to receive CAD 1 million in funding

IBC Advanced Alloys Corp. announced that it expects to receive CAD 1 million in funding

First quarter 2023 earnings released: US$0.023 loss per share (vs US$0.007 loss in 1Q 2022)

Insufficient new directors

Auditors Have Doubts About IBC Advanced Alloys (CVE:IB)

Full year 2022 earnings released: US$0.014 loss per share (vs US$0.024 loss in FY 2021)

IBC Advanced Alloys Corp., Annual General Meeting, Dec 08, 2022

Is IBC Advanced Alloys (CVE:IB) Using Too Much Debt?

President exercised options to buy CA$510k worth of stock.

IBC Advanced Alloys (CVE:IB) Shareholders Will Want The ROCE Trajectory To Continue

Third quarter 2022 earnings released: EPS: US$0.004 (vs US$0.002 in 3Q 2021)

These 4 Measures Indicate That IBC Advanced Alloys (CVE:IB) Is Using Debt Extensively

Insufficient new directors

There's Been No Shortage Of Growth Recently For IBC Advanced Alloys' (CVE:IB) Returns On Capital

Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint

IBC Advanced Alloys Corp. to Report Q2, 2022 Results on Mar 01, 2022

First quarter 2022 earnings: Revenues miss analyst expectations

Full year 2021 earnings released

IBC Advanced Alloys Corp. announced that it has received CAD 2.054045 million in funding

IBC Advanced Alloys Corp. announced that it expects to receive CAD 1 million in funding

President exercised options to buy CA$225k worth of stock.

Third quarter 2021 earnings released: EPS US$0.002 (vs US$0.003 in 3Q 2020)

A Look At The Intrinsic Value Of IBC Advanced Alloys Corp. (CVE:IB)

Is IBC Advanced Alloys (CVE:IB) Using Debt Sensibly?

Second quarter 2021 earnings released: US$0.005 loss per share (vs US$0.018 loss in 2Q 2020)

IBC Advanced Alloys Corp. to Report Q2, 2021 Results on Feb 18, 2021

IBC Advanced Alloys Corp.(TSXV:IB) dropped from S&P/TSX Venture Composite Index

New 90-day high: CA$0.23

IBC Advanced Alloys Corp. Wins $9.7 Million in New Orders from Lockheed Martin for the F-35 Lightning II Aircraft

IBC Advanced Alloys Corp. announced that it has received CAD 2.15 million in funding from The Lind Partners, LLC

First quarter 2021 earnings released: US$0.015 loss per share

Full year earnings released - CA$0.022 loss per share

New 90-day high - CA$0.22

IBC Advanced Alloys Corp. Appoints Mark Smith as CEO

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age