Clear Blue Technologies International Management

Management criteria checks 2/4

Clear Blue Technologies International's CEO is Miriam Tuerk, appointed in Sep 2011, has a tenure of 12.67 years. directly owns 1.2% of the company’s shares, worth CA$74.32K. The average tenure of the management team and the board of directors is 9.1 years and 5.8 years respectively.

Key information

Miriam Tuerk

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.7yrs
CEO ownership	1.2%
Management average tenure	9.1yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

Clear Blue Technologies International (CVE:CBLU) Is Making Moderate Use Of Debt

Nov 12

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

Jul 30

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

Mar 20

CEO Compensation Analysis

How has Miriam Tuerk's remuneration changed compared to Clear Blue Technologies International's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-CA$5m
Jun 30 2023	n/a	n/a	-CA$5m
Mar 31 2023	n/a	n/a	-CA$5m
Dec 31 2022	n/a	n/a	-CA$6m
Sep 30 2022	n/a	n/a	-CA$5m
Jun 30 2022	n/a	n/a	-CA$5m
Mar 31 2022	n/a	n/a	-CA$4m
Dec 31 2021	CA$175k	CA$175k	-CA$3m
Sep 30 2021	n/a	n/a	-CA$3m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	n/a	n/a	-CA$3m
Dec 31 2020	CA$141k	CA$141k	-CA$4m
Sep 30 2020	n/a	n/a	-CA$4m
Jun 30 2020	n/a	n/a	-CA$4m
Mar 31 2020	n/a	n/a	-CA$5m
Dec 31 2019	CA$197k	CA$169k	-CA$5m
Sep 30 2019	n/a	n/a	-CA$8m
Jun 30 2019	n/a	n/a	-CA$9m
Mar 31 2019	n/a	n/a	-CA$9m
Dec 31 2018	CA$197k	CA$169k	-CA$8m
Sep 30 2018	n/a	n/a	-CA$4m
Jun 30 2018	n/a	n/a	-CA$4m
Mar 31 2018	n/a	n/a	-CA$4m
Dec 31 2017	CA$161k	CA$140k	-CA$3m

Compensation vs Market: Insufficient data to establish whether Miriam's total compensation is reasonable compared to companies of similar size in the Canadian market.

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

CEO

Miriam Tuerk (60 yo)

12.7yrs

Tenure

CA$175,493

Compensation

Mrs. Miriam G. Tuerk co-founded Clear Blue Technologies International Inc. in September 2011 and serves as its Chief Executive Officer since September 2011 and served as its Chief Operating Officer. Mrs. T...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Miriam Tuerk	Co-Founder	12.7yrs	CA$175.49k	1.2% CA$ 74.3k
John Tuerk	Co-Founder	12.7yrs	CA$155.49k	1.08% CA$ 66.6k
Mark Windrim	Co-Founder	12.7yrs	CA$155.52k	3.76% CA$ 232.3k
Farrukh Anwar	Chief Financial Officer	3.5yrs	CA$140.16k	0.27% CA$ 16.6k
Christina Boyd	Director of Corporate Development	5.6yrs	no data	no data
Paul Desjardins	Senior Vice President of Sales & Business Development	no data	no data	0.96% CA$ 59.6k
Jason Woerner	Senior Vice President of Solutions	2.3yrs	no data	3.24% CA$ 199.8k
Marlee Cittadino	Director of North American Sales	no data	no data	no data

9.1yrs

Average Tenure

Experienced Management: CBLU's management team is seasoned and experienced (9.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Miriam Tuerk	Co-Founder	5.8yrs	CA$175.49k	1.2% CA$ 74.3k
John Tuerk	Co-Founder	5.8yrs	CA$155.49k	1.08% CA$ 66.6k
Mark Windrim	Co-Founder	5.8yrs	CA$155.52k	3.76% CA$ 232.3k
Steven Parry	Independent Outside Director	5.8yrs	CA$24.00k	0.21% CA$ 13.1k
Jane Kearns	Independent Outside Director	4.3yrs	no data	0.30% CA$ 18.4k

5.8yrs

Average Tenure

60yo

Average Age

Experienced Board: CBLU's board of directors are considered experienced (5.8 years average tenure).

Clear Blue Technologies International Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Clear Blue Technologies International Inc., Annual General Meeting, Jun 22, 2022

Clear Blue Technologies International Inc. Announces Executive Changes

Recent updates

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.011 loss in 3Q 2022)

Clear Blue Technologies International Inc. Provides Earnings Guidance for Fourth Quarter of 2023

Clear Blue Technologies International Inc. to Report Q3, 2023 Results on Nov 30, 2023

Second quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.022 loss in 2Q 2022)

Clear Blue Technologies International Inc. Provides Revenue Guidance for the Third Quarter of 2023

Clear Blue Technologies International Inc. to Report Q2, 2023 Results on Aug 29, 2023

New major risk - Share price stability

First quarter 2023 earnings released: CA$0.005 loss per share (vs CA$0.015 loss in 1Q 2022)

Clear Blue Technologies International Inc. to Report Q1, 2023 Results on May 30, 2023

Full year 2022 earnings released: CA$0.042 loss per share (vs CA$0.053 loss in FY 2021)

Clear Blue Technologies International Inc. announced that it has received CAD 2.564087million in funding from Pegroco Invest AB (publ) and other investors

Clear Blue Technologies International Inc. (TSXV:CBLU) acquired eSite Power Systems AB for CAD 0.21 million.

Clear Blue Technologies International Inc. announced that it expects to receive CAD 2.499999 million in funding

Third quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.009 loss in 3Q 2021)

Clear Blue Technologies International Inc. to Report Q3, 2022 Results on Nov 29, 2022

Less than half of directors are independent

Clear Blue Technologies International Inc. announced a financing transaction

Clear Blue Technologies International Inc. Receives $5 Million Grant Funding from Sustainable Development Technology Canada

Clear Blue Technologies International Inc. Announces the Positive Results of A Study Evaluating the Company's Smart Off-Grid Power Technology as A Cost-Saving and Reliable Power Solution for Telecom Tower Operators

Second quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.015 loss in 2Q 2021)

Clear Blue Technologies International Inc. to Report Q2, 2022 Results on Aug 25, 2022

First quarter 2022 earnings released: CA$0.015 loss per share (vs CA$0.005 loss in 1Q 2021)

Clear Blue Technologies International Inc. to Report Q1, 2022 Results on May 30, 2022

Less than half of directors are independent

Clear Blue Technologies International Inc., Annual General Meeting, Jun 22, 2022

Full year 2021 earnings released: CA$0.053 loss per share (vs CA$0.08 loss in FY 2020)

Clear Blue Technologies International Inc. Provides Earnings Guidance for the Year 2022

Clear Blue Technologies Launches New Illumient Smart Off-Grid Lighting Solutions to Meet Growing Customer Demand

Third quarter 2021 earnings released: CA$0.009 loss per share (vs CA$0.016 loss in 3Q 2020)

Clear Blue Technologies International (CVE:CBLU) Is Making Moderate Use Of Debt

Second quarter 2021 earnings released: CA$0.015 loss per share (vs CA$0.012 loss in 2Q 2020)

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

First quarter 2021 earnings released: CA$0.005 loss per share (vs CA$0.024 loss in 1Q 2020)

We Think Clear Blue Technologies International (CVE:CBLU) Has A Fair Chunk Of Debt

Full year 2020 earnings released: CA$0.08 loss per share (vs CA$0.12 loss in FY 2019)

Clear Blue Technologies International Inc. Provides Earnings Guidance for First Quarter of 2021

Clear Blue Technologies International Inc. to Report Q4, 2020 Results on Mar 16, 2021

Clear Blue Technologies’ Illumient Lights Up Railway Safety Switches

Clear Blue, in Partnership with Rukun Al Yaqeen International, Completes Third Illumient Project Totaling $1.5M Usd for A Residential Development and Two Regional Airports for Petroleum Development Oman

New 90-day high: CA$0.74

Clear Blue Technologies International Inc. Announces Executive Changes

New 90-day high: CA$0.48

Clear Blue Technologies International Inc. Delivers over 80 Illumient Smart Off-Grid Power Systems to Help Light Two-Mile Stretch of Major Highway in the City of Allentown, Pennsylvania

Third quarter 2020 earnings released: CA$0.016 loss per share

Clear Blue Technologies International Inc. Wins $5 Million Deal with Major Telecom Operator

New 90-day high: CA$0.24

Clear Blue Technologies International Inc. to Report Q3, 2020 Results on Nov 18, 2020

Clear Blue Technologies International Inc. Completes Four Additional Phases to Bring the Total to 7 Phases of Regional Installations of Its Illumient Cleantech Smart Off-Grid Lighting At Rural Intersections in North Dakota for the Department of Transport

Clear Blue Technologies International Inc. and NuRAN Wireless Inc. Win Contract to Power Rural Telecom for Orange in Cameroon

First half earnings released

Clear Blue Technologies International Inc. to Report Q2, 2020 Results on Aug 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age