Volcanic Gold Mines Management
Management criteria checks 3/4
Volcanic Gold Mines' CEO is Simon T. Ridgway, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is CA$162.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 6.14% of the company’s shares, worth CA$503.49K. The average tenure of the management team and the board of directors is 1.3 years and 6.7 years respectively.
Key information
Simon T. Ridgway
Chief executive officer
CA$162.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 6.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 6.7yrs |
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$2m |
| Jun 30 2023 | n/a | n/a | -CA$2m |
| Mar 31 2023 | n/a | n/a | -CA$3m |
| Dec 31 2022 | CA$162k | CA$162k | -CA$3m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | -CA$4m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$162k | CA$162k | -CA$4m |
| Sep 30 2021 | n/a | n/a | -CA$5m |
| Jun 30 2021 | n/a | n/a | -CA$4m |
| Mar 31 2021 | n/a | n/a | -CA$3m |
| Dec 31 2020 | CA$63k | CA$63k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$359k |
| Jun 30 2020 | n/a | n/a | -CA$189k |
| Mar 31 2020 | n/a | n/a | -CA$181k |
| Dec 31 2019 | CA$66k | CA$66k | -CA$198k |
| Sep 30 2019 | n/a | n/a | -CA$353k |
| Jun 30 2019 | n/a | n/a | -CA$3m |
| Mar 31 2019 | n/a | n/a | -CA$3m |
| Dec 31 2018 | CA$66k | CA$66k | -CA$3m |
| Sep 30 2018 | n/a | n/a | -CA$4m |
| Jun 30 2018 | n/a | n/a | -CA$3m |
| Mar 31 2018 | n/a | n/a | -CA$4m |
| Dec 31 2017 | CA$195k | CA$66k | -CA$6m |
Compensation vs Market: Simon T.'s total compensation ($USD118.57K) is below average for companies of similar size in the Canadian market ($USD175.11K).
Compensation vs Earnings: Simon T.'s compensation has been consistent with company performance over the past year.
CEO
Simon T. Ridgway (74 yo)
3.3yrs
Tenure
CA$162,000
Compensation
Mr. Simon T. P. Ridgway is Director at Prospect Ridge Resources Corp. since December 14, 2023 and serves as its Chairman since December 2023. He was Chairman at Metallum Resources Inc. until July 2022. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 3.3yrs | CA$162.00k | 6.14% CA$ 503.5k | |
| Vice President of Corporate Development | 1.3yrs | no data | no data | |
| Chief Project Geologist | no data | no data | no data | |
| Vice President of Exploration | 1.3yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Technical Advisor and Member of Advisory Board | no data | no data | no data |
1.3yrs
Average Tenure
74yo
Average Age
Experienced Management: VG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 6.7yrs | CA$162.00k | 6.14% CA$ 503.5k | |
| Technical Advisor and Member of Advisory Board | no data | no data | no data | |
| Independent Director | 7.1yrs | no data | 0.031% CA$ 2.6k | |
| Independent Director | 17yrs | no data | 1.68% CA$ 137.4k | |
| Independent Director | 10.3yrs | no data | no data | |
| Independent Director | 3.9yrs | no data | 0.088% CA$ 7.2k | |
| Independent Chairman | 3.9yrs | CA$24.00k | 0.035% CA$ 2.9k | |
| Independent Director | 3.3yrs | no data | no data |
6.7yrs
Average Tenure
70yo
Average Age
Experienced Board: VG's board of directors are considered experienced (6.7 years average tenure).