RE Royalties Management
Management criteria checks 3/4
RE Royalties' CEO is Bernard Tan, appointed in Nov 2018, has a tenure of 5.42 years. total yearly compensation is CA$75.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 5.06% of the company’s shares, worth CA$1.05M. The average tenure of the management team and the board of directors is 5.4 years and 5.4 years respectively.
Key information
Bernard Tan
Chief executive officer
CA$75.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 5.4yrs |
| CEO ownership | 5.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 5.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$3m |
| Jun 30 2023 | n/a | n/a | CA$641k |
| Mar 31 2023 | n/a | n/a | -CA$10k |
| Dec 31 2022 | CA$75k | CA$75k | -CA$726k |
| Sep 30 2022 | n/a | n/a | -CA$90k |
| Jun 30 2022 | n/a | n/a | -CA$933k |
| Mar 31 2022 | n/a | n/a | -CA$2m |
| Dec 31 2021 | CA$63k | CA$63k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$1m |
| Dec 31 2020 | CA$75k | CA$75k | -CA$447k |
| Sep 30 2020 | n/a | n/a | CA$226k |
| Jun 30 2020 | n/a | n/a | -CA$76k |
| Mar 31 2020 | n/a | n/a | -CA$237k |
| Dec 31 2019 | CA$75k | CA$75k | -CA$412k |
| Sep 30 2019 | n/a | n/a | -CA$3m |
| Jun 30 2019 | n/a | n/a | -CA$3m |
| Mar 31 2019 | n/a | n/a | -CA$3m |
| Dec 31 2018 | CA$37k | CA$37k | -CA$3m |
| Sep 30 2018 | n/a | n/a | -CA$910k |
| Jun 30 2018 | n/a | n/a | -CA$640k |
| Mar 31 2018 | n/a | n/a | -CA$347k |
| Dec 31 2017 | CA$120k | CA$24k | -CA$288k |
Compensation vs Market: Bernard's total compensation ($USD54.90K) is below average for companies of similar size in the Canadian market ($USD175.48K).
Compensation vs Earnings: Bernard's compensation has increased whilst the company is unprofitable.
CEO
Bernard Tan (47 yo)
5.4yrs
Tenure
CA$75,000
Compensation
Mr. Bernard Tan MBA, B.Comm, CA served as Chief Financial Officer at Hunter Dickinson Inc. until December 2015. Mr. Tan manages accounting, regulatory and securities compliance, reporting, treasury and tax...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.4yrs | CA$75.00k | 5.06% CA$ 1.1m | |
| Chief Financial Officer | 5.4yrs | CA$46.00k | 0% CA$ 0 | |
| Chief Operating Officer | 5.4yrs | CA$150.00k | 2.95% CA$ 613.6k | |
| Vice President of Investments | no data | no data | 0.23% CA$ 47.5k | |
| Vice President of Communications & Sustainability | no data | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Corporate Secretary | 1.3yrs | no data | 0.058% CA$ 12.0k |
5.4yrs
Average Tenure
Experienced Management: RE's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.2yrs | CA$75.00k | 5.06% CA$ 1.1m | |
| Independent Director | 5.4yrs | CA$22.00k | 0.46% CA$ 96.0k | |
| Independent Director | 5.2yrs | CA$17.00k | 0.23% CA$ 48.0k | |
| Independent Director | 5.4yrs | CA$19.00k | 1.41% CA$ 292.8k | |
| Independent Chairman of the Board | 5.4yrs | CA$45.00k | 0.058% CA$ 12.0k | |
| Independent Director | 5.4yrs | CA$22.00k | 0.069% CA$ 14.4k | |
| Independent Director | 5.2yrs | CA$22.00k | 1.11% CA$ 230.4k |
5.4yrs
Average Tenure
68.5yo
Average Age
Experienced Board: RE's board of directors are considered experienced (5.4 years average tenure).