Omai Gold Mines Management
Management criteria checks 2/4
Omai Gold Mines' CEO is Elaine Ellingham, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is $169.82K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth CA$673.64K. The average tenure of the management team and the board of directors is 3 years and 2.3 years respectively.
Key information
Elaine Ellingham
Chief executive officer
US$169.8k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 3yrs |
| Board average tenure | 2.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$3m |
| Mar 31 2024 | n/a | n/a | -US$3m |
| Dec 31 2023 | US$170k | US$170k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$4m |
| Jun 30 2023 | n/a | n/a | -US$4m |
| Mar 31 2023 | n/a | n/a | -US$5m |
| Dec 31 2022 | US$166k | US$166k | -US$5m |
| Sep 30 2022 | n/a | n/a | -US$5m |
| Jun 30 2022 | n/a | n/a | -US$7m |
| Mar 31 2022 | n/a | n/a | -US$7m |
| Dec 31 2021 | US$92k | US$72k | -US$7m |
Compensation vs Market: Elaine's total compensation ($USD169.82K) is about average for companies of similar size in the Canadian market ($USD172.18K).
Compensation vs Earnings: Elaine's compensation has increased whilst the company is unprofitable.
CEO
Elaine Ellingham (63 yo)
3.3yrs
Tenure
US$169,815
Compensation
Ms. Elaine Ellingham, MBA, MSc., BSc., P.Geo., serves as Director at Omai Gold Mines Corp. since March 19, 2021 and served as its Interim Chief Executive Officer since July 20, 2021 until October 19, 2021....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$169.82k | 0.79% CA$ 673.6k | |
| Chief Financial Officer | 2.3yrs | US$45.28k | 0.058% CA$ 49.7k | |
| Vice President of Operations | 4.1yrs | US$135.85k | 0.10% CA$ 89.2k | |
| Chief Geologist | no data | no data | no data | |
| Corporate Secretary | 2.6yrs | no data | no data | |
| Vice President of Business Development | no data | no data | no data |
3.0yrs
Average Tenure
Experienced Management: OMG's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.7yrs | US$169.82k | 0.79% CA$ 673.6k | |
| Independent Chairman | 2.3yrs | no data | 0.52% CA$ 442.4k | |
| Member of Advisory Board | 1.6yrs | no data | no data | |
| Director | 4yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 4.1yrs | no data | 0.031% CA$ 26.3k |
2.3yrs
Average Tenure
54yo
Average Age
Experienced Board: OMG's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.