Velox Energy Materials Management
Management criteria checks 1/4
Velox Energy Materials' CEO is Simon Coyle, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is CA$100.43K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth CA$138.89K. The average tenure of the management team and the board of directors is 1.1 years and 1.4 years respectively.
Key information
Simon Coyle
Chief executive officer
CA$100.4k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 1.3% |
| Management average tenure | 1.1yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$2m |
| Mar 31 2024 | n/a | n/a | -CA$2m |
| Dec 31 2023 | CA$100k | CA$100k | -CA$2m |
Compensation vs Market: Simon's total compensation ($USD71.85K) is below average for companies of similar size in the Canadian market ($USD169.13K).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
CEO
Simon Coyle
1.3yrs
Tenure
CA$100,427
Compensation
Mr. Simon Alexander Coyle serves as a Non-Executive Director at Kali Metals Pty Ltd since May 19, 2023. He serves as President, Chief Executive Officer and Director at Velox Energy Materials Inc. (formerly...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | CA$100.43k | 1.31% CA$ 138.9k | |
| CFO & Joint Company Secretary | less than a year | CA$5.39k | no data | |
| VP of Exploration & Director | 1.3yrs | CA$260.53k | 8.66% CA$ 918.7k | |
| Joint Corporate Secretary | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: VLX's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.3yrs | CA$100.43k | 1.31% CA$ 138.9k | |
| VP of Exploration & Director | 19.7yrs | CA$260.53k | 8.66% CA$ 918.7k | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Director | 1.4yrs | CA$76.56k | 13.36% CA$ 1.4m |
1.4yrs
Average Tenure
Experienced Board: VLX's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.