Founders Metals Management
Management criteria checks 2/4
Founders Metals' CEO is Colin Padget, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is CA$157.40K, comprised of 91.5% salary and 8.5% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth €984.42K. The average tenure of the management team and the board of directors is 0.9 years and 3.8 years respectively.
Key information
Colin Padget
Chief executive officer
CA$157.4k
Total compensation
| CEO salary percentage | 91.5% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2024 | n/a | n/a | -CA$8m |
| Feb 29 2024 | n/a | n/a | -CA$3m |
| Nov 30 2023 | n/a | n/a | -CA$2m |
| Aug 31 2023 | CA$157k | CA$144k | -CA$2m |
Compensation vs Market: Colin's total compensation ($USD111.89K) is below average for companies of similar size in the German market ($USD785.12K).
Compensation vs Earnings: Insufficient data to compare Colin's compensation with company performance.
CEO
Colin Padget (36 yo)
2.2yrs
Tenure
CA$157,400
Compensation
Mr. Colin Padget is Senior Geologist of Founders Metals Inc. and serves as its Chief Executive Officer, President & Director since October 31, 2022. He worked in commercial and retail banking before starti...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 2.2yrs | CA$157.40k | 0.43% € 984.4k | |
| CFO & Corporate Secretary | less than a year | no data | no data | |
| Vice President of Corporate Development | less than a year | no data | no data | |
| Vice President of Exploration | 1.5yrs | no data | 0.091% € 208.3k | |
| Vice President of Resource Development | less than a year | no data | no data |
0.9yrs
Average Tenure
Experienced Management: 9DL0's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 2.2yrs | CA$157.40k | 0.43% € 984.4k | |
| Independent Director | 3.8yrs | CA$81.05k | 3.77% € 8.6m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 3.8yrs | CA$129.05k | 4.43% € 10.1m | |
| Independent Director | 3.8yrs | CA$9.05k | 2.86% € 6.5m |
3.8yrs
Average Tenure
46yo
Average Age
Experienced Board: 9DL0's board of directors are considered experienced (3.8 years average tenure).