Titan Logix Management
Management criteria checks 2/4
Titan Logix's CEO is Nick Forbes, appointed in Dec 2021, has a tenure of 2.5 years. total yearly compensation is CA$200.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$16.45K. The average tenure of the management team and the board of directors is 1.2 years and 6.3 years respectively.
Key information
Nick Forbes
Chief executive officer
CA$200.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.2yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Titan Logix (CVE:TLA) Is Experiencing Growth In Returns On Capital
Oct 21
Titan Logix (CVE:TLA) Shareholders Will Want The ROCE Trajectory To Continue
Jun 09We Believe Titan Logix's (CVE:TLA) Earnings Are A Poor Guide For Its Profitability
Jan 25Titan Logix's (CVE:TLA) Returns On Capital Are Heading Higher
Jan 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | -CA$582k |
| Nov 30 2023 | n/a | n/a | -CA$736k |
| Aug 31 2023 | CA$200k | CA$200k | CA$83k |
| May 31 2023 | n/a | n/a | CA$1m |
| Feb 28 2023 | n/a | n/a | CA$2m |
| Nov 30 2022 | n/a | n/a | CA$2m |
| Aug 31 2022 | CA$148k | CA$148k | CA$1m |
Compensation vs Market: Nick's total compensation ($USD145.93K) is about average for companies of similar size in the Canadian market ($USD175.07K).
Compensation vs Earnings: Nick's compensation has increased whilst the company is unprofitable.
CEO
Nick Forbes
2.5yrs
Tenure
CA$200,000
Compensation
Mr. Nicholas Forbes, also known as Nick, serves as Chief Executive Officer at Titan Logix Corp. since December 05, 2021. He brings extensive senior leadership experience in the Energy and Agriculture secto...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.5yrs | CA$200.00k | 0.12% CA$ 16.4k | |
| Chief Financial Officer | less than a year | no data | 0.044% CA$ 5.8k | |
| Chief Product Officer | 1.2yrs | no data | 0.044% CA$ 5.9k |
1.2yrs
Average Tenure
Experienced Management: TLA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 8yrs | CA$24.20k | 0.45% CA$ 60.2k | |
| Independent Director | 8yrs | CA$21.00k | 0.014% CA$ 1.9k | |
| Independent Director | 4.6yrs | CA$21.00k | 0.042% CA$ 5.6k | |
| Independent Director | 2.6yrs | CA$16.20k | 0.18% CA$ 24.7k |
6.3yrs
Average Tenure
Experienced Board: TLA's board of directors are considered experienced (6.3 years average tenure).