Solar Alliance Energy Inc.

TSXV:SOLR Stock Report

Market Cap: CA$13.7m

Solar Alliance Energy Management

Management criteria checks 2/4

Solar Alliance Energy's CEO is Myke Clark, appointed in Feb 2019, has a tenure of 5.17 years. directly owns 1.4% of the company’s shares, worth CA$192.42K. The average tenure of the management team and the board of directors is 4.2 years and 5.2 years respectively.

Key information

Myke Clark

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure5.2yrs
CEO ownership1.4%
Management average tenure4.2yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

Dec 06
We Think Solar Alliance Energy (CVE:SOLR) Needs To Drive Business Growth Carefully

CEO Compensation Analysis

How has Myke Clark's remuneration changed compared to Solar Alliance Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-CA$2m

Jun 30 2023n/an/a

-CA$3m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022n/an/a

-CA$3m

Sep 30 2022n/an/a

-CA$298k

Jun 30 2022n/an/a

-CA$707k

Mar 31 2022n/an/a

-CA$950k

Dec 31 2021CA$278kCA$223k

-CA$449k

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$202kCA$202k

-CA$1m

Sep 30 2020n/an/a

-CA$1m

Jun 30 2020n/an/a

-CA$1m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$216kCA$216k

-CA$3m

Sep 30 2019n/an/a

-CA$2m

Jun 30 2019n/an/a

-CA$2m

Mar 31 2019n/an/a

-CA$2m

Dec 31 2018CA$190kCA$190k

-CA$2m

Sep 30 2018n/an/a

-CA$6m

Jun 30 2018n/an/a

-CA$5m

Mar 31 2018n/an/a

-CA$8m

Dec 31 2017CA$165kCA$165k

-CA$7m

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

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


CEO

Myke Clark (52 yo)

5.2yrs

Tenure

CA$277,500

Compensation

Mr. Michael Clark, also known as Myke, serves as Director of Quartz Mountain Resources Ltd. since June 28, 2023. He has been the President, Chief Executive Officer and Director of Solar Alliance Energy Inc...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Clark
President5.2yrsCA$277.50k1.4%
CA$ 192.4k
Yuen-Ling Wu
Chief Financial Officer1.1yrsCA$4.50kno data
Monique Hutchins
Company Secretary4.2yrsno data0.0014%
CA$ 199.4

4.2yrs

Average Tenure

Experienced Management: SOLR's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Clark
President5.2yrsCA$277.50k1.4%
CA$ 192.4k
Robert Miller
Independent Director4.8yrsCA$11.00k0.035%
CA$ 4.9k
Lyall Knott
Member of the Advisory Boardno datano datano data
Rob Roberti
Member of Advisory Board1.1yrsCA$69.70kno data
Artie Rose
Member of Advisory Board8.9yrsno datano data
Ken Stadlin
Independent Director6.3yrsCA$16.00k0.26%
CA$ 35.5k
Anton Shihoff
Independent Director5.9yrsCA$16.00k0.15%
CA$ 21.1k
Brian Timmons
Independent Chairman2.6yrsno datano data

5.2yrs

Average Tenure

69yo

Average Age

Experienced Board: SOLR's board of directors are considered experienced (5.2 years average tenure).


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