NEXE Innovations Management

Management criteria checks 3/4

NEXE Innovations' CEO is Darren Footz, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is CA$367.62K, comprised of 72.1% salary and 27.9% bonuses, including company stock and options. directly owns 11.82% of the company’s shares, worth €3.07M. The average tenure of the management team and the board of directors is 3.9 years and 3.9 years respectively.

Key information

Darren Footz

Chief executive officer

CA$367.6k

Total compensation

CEO salary percentage72.1%
CEO tenure3.9yrs
CEO ownership11.8%
Management average tenure3.9yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Darren Footz's remuneration changed compared to NEXE Innovations's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2024n/an/a

-CA$2m

May 31 2024CA$368kCA$265k

-CA$7m

Feb 29 2024n/an/a

-CA$7m

Nov 30 2023n/an/a

-CA$7m

Aug 31 2023n/an/a

-CA$6m

May 31 2023CA$302kCA$300k

-CA$6m

Feb 28 2023n/an/a

-CA$6m

Nov 30 2022n/an/a

-CA$7m

Aug 31 2022n/an/a

-CA$8m

May 31 2022CA$558kCA$301k

-CA$8m

Feb 28 2022n/an/a

-CA$15m

Nov 30 2021n/an/a

-CA$19m

Aug 31 2021n/an/a

-CA$18m

May 31 2021CA$571kCA$227k

-CA$17m

Feb 28 2021n/an/a

-CA$9m

Nov 30 2020n/an/a

-CA$3m

Aug 31 2020n/an/a

-CA$2m

May 31 2020CA$217kCA$75k

-CA$2m

May 31 2019CA$140kCA$56k

-CA$1m

Compensation vs Market: Darren's total compensation ($USD262.30K) is below average for companies of similar size in the German market ($USD476.59K).

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


CEO

Darren Footz

3.9yrs

Tenure

CA$367,619

Compensation

Mr. Darren Footz is Co-Founder of NEXE Innovations Inc. (formerly Whatcom Capital Corp.). He serves as the Chief Executive Officer and Director of NEXE Innovations Inc. (formerly Whatcom Capital Corp.) sin...


Leadership Team

NamePositionTenureCompensationOwnership
Darren Footz
Co-Founder3.9yrsCA$367.62k11.82%
€ 3.1m
Ashvani Guglani
Co-Founder3.9yrsCA$365.12k2.81%
€ 729.3k
Zac Hudson
Chief Science Officerno datano datano data
Kam Mangat
Vice President of Investor Relations & Corporate Strategy2.3yrsno datano data

3.9yrs

Average Tenure

Experienced Management: NX5's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Darren Footz
Co-Founder3.9yrsCA$367.62k11.82%
€ 3.1m
Ashvani Guglani
Co-Founder3.9yrsCA$365.12k2.81%
€ 729.3k
Haytham Hodaly
Independent Director3.9yrsCA$12.00kno data
Jason Fediuk
Member of Advisory Boardno datano datano data
John Hemeon
Member of Advisory Boardno datano datano data
Killian Ruby
Independent Director3.9yrsCA$12.00kno data
Graham Gilley
Lead Independent Director3.9yrsCA$12.00kno data
Anthony Rosenfeld
Member of the Advisory Board3.9yrsno datano data
Paul Bhogal
Member of the Advisory Board3.9yrsno datano data
Neil Madden
Member of Advisory Boardno datano datano data

3.9yrs

Average Tenure

Experienced Board: NX5's board of directors are considered experienced (3.9 years average tenure).