Orezone Gold Management

Management criteria checks 2/4

Orezone Gold's CEO is Paddy Downey, appointed in May 2017, has a tenure of 7.5 years. total yearly compensation is $1.45M, comprised of 33.8% salary and 66.2% bonuses, including company stock and options. directly owns 1.52% of the company’s shares, worth €3.07M. The average tenure of the management team and the board of directors is 6.2 years and 4.4 years respectively.

Key information

Paddy Downey

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage33.8%
CEO tenure7.5yrs
CEO ownership1.5%
Management average tenure6.2yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paddy Downey's remuneration changed compared to Orezone Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$30m

Jun 30 2024n/an/a

US$30m

Mar 31 2024n/an/a

US$32m

Dec 31 2023US$1mUS$491k

US$43m

Sep 30 2023n/an/a

US$43m

Jun 30 2023n/an/a

US$38m

Mar 31 2023n/an/a

US$29m

Dec 31 2022US$1mUS$318k

US$930k

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$15m

Mar 31 2022n/an/a

-US$21m

Dec 31 2021US$1mUS$340k

-US$19m

Sep 30 2021n/an/a

-US$19m

Jun 30 2021n/an/a

-US$15m

Mar 31 2021n/an/a

-US$14m

Dec 31 2020US$610kUS$212k

-US$18m

Sep 30 2020n/an/a

-US$19m

Jun 30 2020n/an/a

-US$20m

Mar 31 2020n/an/a

-US$23m

Dec 31 2019US$378kUS$231k

-US$21m

Sep 30 2019n/an/a

-US$20m

Jun 30 2019n/an/a

-US$17m

Mar 31 2019n/an/a

-US$16m

Dec 31 2018US$378kUS$220k

-US$15m

Sep 30 2018n/an/a

-US$12m

Jun 30 2018n/an/a

-US$10m

Mar 31 2018n/an/a

-US$10m

Dec 31 2017US$880kUS$199k

-US$9m

Compensation vs Market: Paddy's total compensation ($USD1.45M) is above average for companies of similar size in the German market ($USD793.15K).

Compensation vs Earnings: Paddy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Paddy Downey (64 yo)

7.5yrs

Tenure

US$1,449,786

Compensation

Mr. Patrick G. Downey, also known as Paddy, P.Eng, serves as Independent Director at Fireweed Metals Corp. since September 12, 2023. He is President and Chief Executive Officer at Orezone Gold Corporation...


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Downey
President7.5yrsUS$1.45m1.52%
€ 3.1m
Peter Tam
Executive VP & CFO6.7yrsUS$833.95k0.25%
€ 510.3k
Ryan Goodman
Senior VP & General Counsel5.7yrsUS$551.69k0.16%
€ 316.1k
Robert Henderson
Vice President of Projects1.8yrsUS$476.98k0.0043%
€ 8.7k
Kevin Mackenzie
Vice President of Corporate Development & Investor Relationno datano data0.028%
€ 56.1k

6.2yrs

Average Tenure

Experienced Management: OEX's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick Downey
President13.6yrsUS$1.45m1.52%
€ 3.1m
Joseph Conway
Independent Director10.1yrsUS$147.17k0.15%
€ 303.7k
A. Doyle
Independent Director2.4yrsUS$153.96k0.030%
€ 61.4k
Terence Harvey
Independent Chairless than a yearno data0.064%
€ 129.8k
Tara Hassan
Independent Directorless than a yearno data0.0064%
€ 13.0k
Kate Harcourt
Independent Director6.4yrsUS$147.54k0.074%
€ 149.3k
Matthew Quinlan
Director1.4yrsUS$118.50k0.013%
€ 25.2k
Marco LoCascio
Independent Director6.4yrsUS$141.88k0.21%
€ 429.9k

4.4yrs

Average Tenure

64yo

Average Age

Experienced Board: OEX's board of directors are considered experienced (4.4 years average tenure).