First Phosphate Management
Management criteria checks 3/4
First Phosphate's CEO is John Passalacqua, appointed in Jun 2022, has a tenure of 3.17 years. total yearly compensation is CA$316.80K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 10.6% of the company’s shares, worth €3.59M. The average tenure of the management team and the board of directors is 2.3 years and 2.8 years respectively.
Key information
John Passalacqua
Chief executive officer
CA$316.8k
Total compensation
| CEO salary percentage | 100.00% |
| CEO tenure | 3.2yrs |
| CEO ownership | 10.6% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2025 | n/a | n/a | -CA$5m |
| Feb 28 2025 | CA$317k | CA$317k | -CA$8m |
| Nov 30 2024 | n/a | n/a | -CA$10m |
| Aug 31 2024 | n/a | n/a | -CA$9m |
| May 31 2024 | n/a | n/a | -CA$10m |
| Feb 29 2024 | CA$773k | CA$72k | -CA$8m |
| Nov 30 2023 | n/a | n/a | -CA$6m |
| Aug 31 2023 | n/a | n/a | -CA$6m |
| May 31 2023 | n/a | n/a | -CA$5m |
| Feb 28 2023 | CA$209k | CA$105k | -CA$3m |
Compensation vs Market: John's total compensation ($USD230.49K) is below average for companies of similar size in the German market ($USD504.20K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Passalacqua (54 yo)
Mr. John Passalacqua is Chief Executicve officer of First Phosphate Corp. (formerly known as First Potash Corp.)oration from June 23, 2022 and serves as its Director since June 25, 2021. Mr. Passalacqua is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.2yrs | CA$316.80k | 10.6% € 3.6m | |
| CFO, Chief Administrative Officer | 4.2yrs | CA$198.00k | 3.67% € 1.2m | |
| Chief Geologist | 2.3yrs | CA$194.55k | 0.44% € 149.2k | |
| President | less than a year | no data | 0.63% € 214.4k | |
| Corporate Finance Director | no data | no data | no data | |
| Executive Vice-President | less than a year | no data | 0.29% € 99.8k |
Experienced Management: KD0's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.2yrs | CA$316.80k | 10.6% € 3.6m | |
| CFO, Chief Administrative Officer | 4.2yrs | CA$198.00k | 3.67% € 1.2m | |
| Member of Advisory Board | 2.8yrs | no data | no data | |
| Independent Chairman | 3.2yrs | CA$118.80k | 4.33% € 1.5m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | 2.8yrs | no data | no data | |
| Member of Advisory Board | no data | CA$134.76k | no data | |
| Member of Advisory Board | 1.3yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | less than a year | CA$35.25k | 1.01% € 341.7k |
Experienced Board: KD0's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/07 07:38 |
| End of Day Share Price | 2025/08/07 00:00 |
| Earnings | 2025/05/31 |
| Annual Earnings | 2025/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Phosphate Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.