Mayfair Gold Management
Management criteria checks 3/4
Mayfair Gold's CEO is Patrick Evans, appointed in Aug 2020, has a tenure of 3.75 years. total yearly compensation is CA$550.00K, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 1.03% of the company’s shares, worth CA$2.44M. The average tenure of the management team and the board of directors is 3.5 years and 3.5 years respectively.
Key information
Patrick Evans
Chief executive officer
CA$550.0k
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Here's Why We're Watching Mayfair Gold's (CVE:MFG) Cash Burn Situation
Apr 18
Companies Like Mayfair Gold (CVE:MFG) Could Be Quite Risky
Sep 24We Think Mayfair Gold (CVE:MFG) Needs To Drive Business Growth Carefully
Apr 25Is Mayfair Gold (CVE:MFG) In A Good Position To Deliver On Growth Plans?
Sep 23Will Mayfair Gold (CVE:MFG) Spend Its Cash Wisely?
Jun 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$16m |
| Sep 30 2023 | n/a | n/a | -CA$17m |
| Jun 30 2023 | n/a | n/a | -CA$17m |
| Mar 31 2023 | n/a | n/a | -CA$18m |
| Dec 31 2022 | CA$550k | CA$275k | -CA$18m |
| Sep 30 2022 | n/a | n/a | -CA$16m |
| Jun 30 2022 | n/a | n/a | -CA$16m |
| Mar 31 2022 | n/a | n/a | -CA$13m |
| Dec 31 2021 | CA$500k | CA$250k | -CA$10m |
| Sep 30 2021 | n/a | n/a | -CA$10m |
| Jun 30 2021 | n/a | n/a | -CA$7m |
| Mar 31 2021 | n/a | n/a | -CA$5m |
| Dec 31 2020 | CA$83k | CA$83k | -CA$3m |
Compensation vs Market: Patrick's total compensation ($USD400.72K) is below average for companies of similar size in the Canadian market ($USD746.98K).
Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.
CEO
Patrick Evans (68 yo)
3.8yrs
Tenure
CA$550,000
Compensation
Mr. Patrick Charles Evans, B.A., B.Sc., is Chief Executive Officer and President at Mayfair Gold Corp. since August 12, 2020 and has been its Director since November 10, 2020. He has been Independent Chair...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | CA$550.00k | 1.03% CA$ 2.4m | |
| CFO & Corporate Secretary | 3.5yrs | CA$216.00k | 0.0070% CA$ 16.5k | |
| Vice President of Exploration | 3.4yrs | CA$385.83k | 0.033% CA$ 76.8k | |
| Vice President of Technical Services | less than a year | no data | no data |
3.5yrs
Average Tenure
61yo
Average Age
Experienced Management: MFG's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | CA$550.00k | 1.03% CA$ 2.4m | |
| Independent Director | 3.5yrs | CA$25.00k | 0.099% CA$ 235.0k | |
| Independent Director | 3.5yrs | CA$30.00k | 1.07% CA$ 2.5m | |
| Independent Director | 3yrs | CA$20.00k | 0.015% CA$ 35.3k |
3.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: MFG's board of directors are considered experienced (3.5 years average tenure).