Ultra Lithium Management
Management criteria checks 2/4
Ultra Lithium's CEO is Weiguo Lang, appointed in Jun 2015, has a tenure of 9.42 years. directly owns 6.42% of the company’s shares, worth CA$183.89K. The average tenure of the management team and the board of directors is 9.4 years and 5.2 years respectively.
Key information
Weiguo Lang
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 9.4yrs |
| CEO ownership | 6.4% |
| Management average tenure | 9.4yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2024 | n/a | n/a | -CA$2m |
| Apr 30 2024 | n/a | n/a | -CA$3m |
| Jan 31 2024 | n/a | n/a | -CA$2m |
| Oct 31 2023 | n/a | n/a | -CA$3m |
| Jul 31 2023 | n/a | n/a | -CA$2m |
| Apr 30 2023 | n/a | n/a | -CA$2m |
| Jan 31 2023 | n/a | n/a | -CA$2m |
| Oct 31 2022 | CA$428k | CA$152k | -CA$2m |
| Jul 31 2022 | n/a | n/a | -CA$833k |
| Apr 30 2022 | n/a | n/a | -CA$801k |
| Jan 31 2022 | n/a | n/a | -CA$774k |
| Oct 31 2021 | CA$90k | CA$90k | -CA$743k |
| Jul 31 2021 | n/a | n/a | -CA$663k |
| Apr 30 2021 | n/a | n/a | -CA$529k |
| Jan 31 2021 | n/a | n/a | -CA$487k |
| Oct 31 2020 | CA$90k | CA$90k | -CA$469k |
| Jul 31 2020 | n/a | n/a | -CA$1m |
| Apr 30 2020 | n/a | n/a | -CA$2m |
| Jan 31 2020 | n/a | n/a | -CA$2m |
| Oct 31 2019 | CA$73k | CA$73k | -CA$2m |
| Jul 31 2019 | n/a | n/a | -CA$901k |
| Apr 30 2019 | n/a | n/a | -CA$838k |
| Jan 31 2019 | n/a | n/a | -CA$944k |
| Oct 31 2018 | CA$171k | CA$60k | -CA$519k |
Compensation vs Market: Insufficient data to establish whether Weiguo's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Weiguo's compensation has increased whilst the company is unprofitable.
CEO
Weiguo Lang (65 yo)
9.4yrs
Tenure
CA$427,790
Compensation
Dr. Weiguo Lang B.Eng., D.Eng. is Chief Executive Officer and Director at Ultra Resources Inc. (formerly known as Ultra Lithium Inc.) since June 10, 2015. He has experience in the mining, technology and ag...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.4yrs | CA$427.79k | 6.42% CA$ 183.9k | |
| CFO, Secretary & Director | 9.7yrs | CA$233.72k | 0.11% CA$ 3.2k | |
| Vice President of Exploration | 8.3yrs | CA$158.76k | no data | |
| Chief Geologist | no data | no data | no data |
9.4yrs
Average Tenure
63.5yo
Average Age
Experienced Management: ULT's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.4yrs | CA$427.79k | 6.42% CA$ 183.9k | |
| CFO, Secretary & Director | 1.5yrs | CA$233.72k | 0.11% CA$ 3.2k | |
| Independent Director | 8.9yrs | CA$31.84k | no data | |
| Independent Director | less than a year | no data | no data |
5.2yrs
Average Tenure
65yo
Average Age
Experienced Board: ULT's board of directors are considered experienced (5.2 years average tenure).