Ionik Management

Management criteria checks 1/4

Ionik's CEO is Ted Hastings, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is $133.97K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.13% of the company’s shares, worth CA$920.10K. The average tenure of the management team and the board of directors is 1.5 years and 2.6 years respectively.

Key information

Ted Hastings

Chief executive officer

US$134.0k

Total compensation

CEO salary percentage100.0%
CEO tenure1.1yrs
CEO ownership3.1%
Management average tenure1.5yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

PopReach Corporation (CVE:INIK) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Nov 12
PopReach Corporation (CVE:INIK) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

PopReach Corporation (CVE:INIK) Shares Could Be 41% Below Their Intrinsic Value Estimate

Oct 31
PopReach Corporation (CVE:INIK) Shares Could Be 41% Below Their Intrinsic Value Estimate

PopReach Corporation (CVE:INIK) Soars 33% But It's A Story Of Risk Vs Reward

Sep 05
PopReach Corporation (CVE:INIK) Soars 33% But It's A Story Of Risk Vs Reward

Positive Sentiment Still Eludes PopReach Corporation (CVE:INIK) Following 39% Share Price Slump

Apr 26
Positive Sentiment Still Eludes PopReach Corporation (CVE:INIK) Following 39% Share Price Slump

Investors Aren't Entirely Convinced By PopReach Corporation's (CVE:INIK) Revenues

Feb 27
Investors Aren't Entirely Convinced By PopReach Corporation's (CVE:INIK) Revenues

CEO Compensation Analysis

How has Ted Hastings's remuneration changed compared to Ionik's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$51m

Mar 31 2024n/an/a

-US$55m

Dec 31 2023US$134kUS$134k

-US$56m

Sep 30 2023n/an/a

-US$25m

Jun 30 2023n/an/a

-US$24m

Mar 31 2023n/an/a

-US$21m

Dec 31 2022US$59kUS$59k

-US$18m

Compensation vs Market: Ted's total compensation ($USD133.97K) is about average for companies of similar size in the Canadian market ($USD166.75K).

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


CEO

Ted Hastings (50 yo)

1.1yrs

Tenure

US$133,965

Compensation

Mr. Edward William Hastings, also known as Ted, CA, is Director of CANPR Technology Ltd. He served as Independent Director of Monaghan Capital Fund Ltd. since February 14, 2022 until November October 31, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Edward Hastings
CEO & Director1.1yrsUS$133.97k3.13%
CA$ 920.1k
Jeffrey Collins
COO & Chief Development Officer1.9yrsUS$315.48kno data
Matthew Bentley
Chief Operations Officer of Q1Mediano dataUS$631.55k2.29%
CA$ 673.4k
William Wiemann
President of Q1Media & CEO of Q1Mediano dataUS$631.55k4.34%
CA$ 1.3m
Brenton Riley
Chief Revenue Officer of Q1Mediano dataUS$640.41kno data
Kevin Ferrell
President1.9yrsno data3.1%
CA$ 912.7k
Lois Norris
Chief Financial Officerno datano data0%
CA$ 0
Amy Hastings
General Counsel & Corporate Secretary2.6yrsno datano data
Corey McCutchen
Officerless than a yearno datano data
Joseph Barreca
Officerless than a yearno datano data

1.5yrs

Average Tenure

49yo

Average Age

Experienced Management: INIK's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Edward Hastings
CEO & Director2.6yrsUS$133.97k3.13%
CA$ 920.1k
Michael Vorhaus
Independent Director3.6yrsUS$51.87k0.035%
CA$ 10.4k
Ben Colabrese
Independent Chair of the Board2.6yrsUS$59.70k0.034%
CA$ 10.0k
Natasha De Masi
Independent Director2.6yrsUS$46.38k0.034%
CA$ 10.0k
Iain Klugman
Independent Director2.6yrsUS$57.57k0.034%
CA$ 10.0k

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: INIK's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.