Midnight Sun Mining Management
Management criteria checks 4/4
Midnight Sun Mining's CEO is Al Fabbro, appointed in Dec 2018, has a tenure of 5.33 years. total yearly compensation is CA$132.00K, comprised of 90.9% salary and 9.1% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth CA$209.30K. The average tenure of the management team and the board of directors is 5.3 years and 10.3 years respectively.
Key information
Al Fabbro
Chief executive officer
CA$132.0k
Total compensation
| CEO salary percentage | 90.9% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.3yrs |
| Board average tenure | 10.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$3m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$4m |
| Dec 31 2022 | CA$132k | CA$120k | -CA$3m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | -CA$2m |
| Mar 31 2022 | n/a | n/a | -CA$2m |
| Dec 31 2021 | CA$152k | CA$32k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$812k |
| Jun 30 2021 | n/a | n/a | -CA$802k |
| Mar 31 2021 | n/a | n/a | -CA$863k |
| Dec 31 2020 | CA$153k | CA$32k | -CA$759k |
| Sep 30 2020 | n/a | n/a | -CA$811k |
| Jun 30 2020 | n/a | n/a | -CA$703k |
| Mar 31 2020 | n/a | n/a | -CA$357k |
| Dec 31 2019 | n/a | n/a | -CA$357k |
| Sep 30 2019 | n/a | n/a | -CA$279k |
| Jun 30 2019 | n/a | n/a | -CA$346k |
| Mar 31 2019 | n/a | n/a | -CA$870k |
| Dec 31 2018 | n/a | n/a | -CA$1m |
| Sep 30 2018 | n/a | n/a | -CA$2m |
| Jun 30 2018 | n/a | n/a | -CA$2m |
| Mar 31 2018 | n/a | n/a | -CA$1m |
| Dec 31 2017 | CA$100k | n/a | -CA$891k |
Compensation vs Market: Al's total compensation ($USD96.61K) is below average for companies of similar size in the Canadian market ($USD174.90K).
Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.
CEO
Al Fabbro (66 yo)
5.3yrs
Tenure
CA$132,000
Compensation
Mr. Allan John Fabbro, also known as Al, has been an Independent Director of Westward Gold Inc. since June 13, 2023. He serves as Chief Executive Officer of Alerio Gold Corp. since December, 2022. He has b...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | CA$132.00k | 0.73% CA$ 209.3k | |
| Chief Financial Officer | 3.8yrs | CA$63.00k | no data | |
| VP of Exploration & Director | 6.7yrs | CA$48.00k | 0.23% CA$ 67.2k | |
| Director of Marketing & Communications | 1.1yrs | no data | no data | |
| VP of Corporate Development & Corporate Secretary | 6.7yrs | no data | no data |
5.3yrs
Average Tenure
66yo
Average Age
Experienced Management: MMA's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.9yrs | CA$132.00k | 0.73% CA$ 209.3k | |
| VP of Exploration & Director | 13.9yrs | CA$48.00k | 0.23% CA$ 67.2k | |
| Member of Advisory Board | less than a year | no data | no data | |
| Independent Director | 13.9yrs | CA$12.00k | 0.20% CA$ 56.4k | |
| Director | 3.6yrs | CA$12.00k | 0.14% CA$ 39.0k | |
| Independent Director | 6.7yrs | CA$12.00k | 6.43% CA$ 1.8m |
10.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MMA's board of directors are seasoned and experienced ( 10.3 years average tenure).