Tectonic Metals Inc.

TSXV:TECT Stock Report

Market Cap: CA$19.6m

Tectonic Metals Management

Management criteria checks 2/4

Tectonic Metals' CEO is Tony Reda, appointed in Jun 2017, has a tenure of 7.42 years. total yearly compensation is CA$317.92K, comprised of 62.3% salary and 37.7% bonuses, including company stock and options. directly owns 1.23% of the company’s shares, worth CA$240.80K. The average tenure of the management team and the board of directors is 2.7 years and 3.7 years respectively.

Key information

Tony Reda

Chief executive officer

CA$317.9k

Total compensation

CEO salary percentage62.3%
CEO tenure7.4yrs
CEO ownership1.2%
Management average tenure2.7yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

Here's Why We're Watching Tectonic Metals' (CVE:TECT) Cash Burn Situation

Mar 30
Here's Why We're Watching Tectonic Metals' (CVE:TECT) Cash Burn Situation

Read This Before Selling Tectonic Metals Inc. (CVE:TECT) Shares

Mar 11
Read This Before Selling Tectonic Metals Inc. (CVE:TECT) Shares

CEO Compensation Analysis

How has Tony Reda's remuneration changed compared to Tectonic Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$10m

Mar 31 2024n/an/a

-CA$9m

Dec 31 2023CA$318kCA$198k

-CA$10m

Sep 30 2023n/an/a

-CA$8m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023n/an/a

-CA$4m

Dec 31 2022CA$256kCA$240k

-CA$4m

Sep 30 2022n/an/a

-CA$4m

Jun 30 2022n/an/a

-CA$8m

Mar 31 2022n/an/a

-CA$9m

Dec 31 2021CA$240kCA$240k

-CA$9m

Sep 30 2021n/an/a

-CA$9m

Jun 30 2021n/an/a

-CA$6m

Mar 31 2021n/an/a

-CA$5m

Dec 31 2020CA$240kCA$240k

-CA$5m

Sep 30 2020n/an/a

-CA$6m

Jun 30 2020n/an/a

-CA$6m

Mar 31 2020n/an/a

-CA$6m

Dec 31 2019CA$294kCA$200k

-CA$6m

Sep 30 2019n/an/a

-CA$5m

Jun 30 2019n/an/a

-CA$4m

Mar 31 2019n/an/a

-CA$4m

Dec 31 2018CA$250kCA$200k

-CA$4m

Compensation vs Market: Tony's total compensation ($USD227.45K) is above average for companies of similar size in the Canadian market ($USD169.13K).

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

CEO

Tony Reda (49 yo)

7.4yrs

Tenure

CA$317,917

Compensation

Mr. Antonio Reda, also known as Tony, serves as President, Chief Executive Officer and Director at Tectonic Metals Inc., since June 09, 2017. He is the Founder of Tectonic Metals Inc. He serves as a Consul...

Leadership Team

NamePositionTenureCompensationOwnership
Antonio Reda
Founder7.4yrsCA$317.92k1.23%
CA$ 240.8k
Oliver Foeste
CFO & Corporate Secretary2.1yrsCA$177.61kno data
Peter Kleespies
Vice President of Exploration2.7yrsCA$210.00kno data
Eira Thomas
Founder & Strategic Advisorno datano datano data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: TECT's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Antonio Reda
Founder7.4yrsCA$317.92k1.23%
CA$ 240.8k
Fred Lightner
Member of Technical Advisory Committee1.3yrsno datano data
Joseph Perkins
Independent Director2.3yrsno datano data
John Armstrong
Independent Directorless than a yearno datano data
Allison Rippin-Armstrong
Independent Chair of the Board5.6yrsno data0.28%
CA$ 54.5k
Michael Roper
Independent Director5.2yrsno data0.18%
CA$ 36.3k

3.7yrs

Average Tenure

66yo

Average Age

Experienced Board: TECT's board of directors are considered experienced (3.7 years average tenure).