Plurilock Security Inc.

TSXV:PLUR Stock Report

Market Cap: CA$27.3m

Plurilock Security Management

Management criteria checks 1/4

Plurilock Security's CEO is Ian Paterson, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is CA$366.63K, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth CA$199.37K. The average tenure of the management team and the board of directors is 2 years and 2.6 years respectively.

Key information

Ian Paterson

Chief executive officer

CA$366.6k

Total compensation

CEO salary percentage57.9%
CEO tenure4.2yrs
CEO ownership0.7%
Management average tenure2yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Plurilock Security Inc. (CVE:PLUR) Might Not Be As Mispriced As It Looks After Plunging 30%

Nov 07
Plurilock Security Inc. (CVE:PLUR) Might Not Be As Mispriced As It Looks After Plunging 30%

Plurilock Security (CVE:PLUR) Is Making Moderate Use Of Debt

Oct 31
Plurilock Security (CVE:PLUR) Is Making Moderate Use Of Debt

It's Down 27% But Plurilock Security Inc. (CVE:PLUR) Could Be Riskier Than It Looks

Sep 04
It's Down 27% But Plurilock Security Inc. (CVE:PLUR) Could Be Riskier Than It Looks

Even With A 273% Surge, Cautious Investors Are Not Rewarding Plurilock Security Inc.'s (CVE:PLUR) Performance Completely

Jul 15
Even With A 273% Surge, Cautious Investors Are Not Rewarding Plurilock Security Inc.'s (CVE:PLUR) Performance Completely

Plurilock Security Inc.'s (CVE:PLUR) Price Is Right But Growth Is Lacking

Sep 04
Plurilock Security Inc.'s (CVE:PLUR) Price Is Right But Growth Is Lacking

CEO Compensation Analysis

How has Ian Paterson's remuneration changed compared to Plurilock Security's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$10m

Mar 31 2024n/an/a

-CA$9m

Dec 31 2023CA$367kCA$212k

-CA$9m

Sep 30 2023n/an/a

-CA$8m

Jun 30 2023n/an/a

-CA$8m

Mar 31 2023n/an/a

-CA$7m

Dec 31 2022CA$320kCA$242k

-CA$8m

Sep 30 2022n/an/a

-CA$8m

Jun 30 2022n/an/a

-CA$8m

Mar 31 2022n/an/a

-CA$7m

Dec 31 2021CA$250kCA$184k

-CA$6m

Sep 30 2021n/an/a

-CA$6m

Jun 30 2021n/an/a

-CA$6m

Mar 31 2021n/an/a

-CA$6m

Dec 31 2020CA$64kCA$58k

-CA$5m

Sep 30 2020n/an/a

-CA$3m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019n/an/a

-CA$1m

Dec 31 2018n/an/a

-CA$1m

Compensation vs Market: Ian's total compensation ($USD262.60K) is above average for companies of similar size in the Canadian market ($USD169.37K).

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

CEO

Ian Paterson

4.2yrs

Tenure

CA$366,632

Compensation

Mr. Ian L. Paterson serves as Chief Executive Officer & Director of Plurilock Security Inc. since September 17, 2020. He serves as Chief Executive Officer and Director of Plurilock Security Solutions Inc....

Leadership Team

NamePositionTenureCompensationOwnership
Ian Paterson
CEO & Director4.2yrsCA$366.63k0.73%
CA$ 199.4k
Scott Meyers
CFO & Corporate Secretary1.4yrsCA$301.01k0.35%
CA$ 94.6k
Tucker Zengerle
Chief Operating Officer2.7yrsCA$332.93k0.17%
CA$ 46.9k
Ali Hakimzadeh
Executive Chairmanless than a yearno data2.82%
CA$ 767.4k
Joel Eng
VP of Information Security-US Subsidiaryno dataCA$162.36kno data

2.0yrs

Average Tenure

Experienced Management: PLUR's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ian Paterson
CEO & Director4.2yrsCA$366.63k0.73%
CA$ 199.4k
Ali Hakimzadeh
Executive Chairmanless than a yearno data2.82%
CA$ 767.4k
John McConnell
Member of Advisory Boardno datano datano data
Joseph Sexton
Member of Advisory Boardless than a yearno datano data
Blake Corbet
Independent Director1.8yrsno data0.26%
CA$ 69.7k
Patrick Gorman
Member of Advisory Board2.2yrsno datano data
Brandon Swafford
Member of Advisory Board2.7yrsno datano data
Jan Tighe
Member of Advisory Board3.8yrsno datano data
Jennifer Swindell
Independent Director2.6yrsno data0.075%
CA$ 20.4k
William Hammersla
Independent Director4.2yrsno data0.0024%
CA$ 656.8
Chris Pierce
Member of Advisory Boardno datano datano data
Gaétan Houle
Member of Advisory Boardno datano datano data

2.6yrs

Average Tenure

62yo

Average Age

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