Velocity Minerals Management
Management criteria checks 2/4
Velocity Minerals' CEO is Keith Henderson, appointed in Jul 2017, has a tenure of 6.75 years. total yearly compensation is CA$384.98K, comprised of 79.1% salary and 20.9% bonuses, including company stock and options. directly owns 3.81% of the company’s shares, worth €613.43K. The average tenure of the management team and the board of directors is 3.7 years and 2.1 years respectively.
Key information
Keith Henderson
Chief executive officer
CA$385.0k
Total compensation
| CEO salary percentage | 79.1% |
| CEO tenure | 6.8yrs |
| CEO ownership | 3.8% |
| Management average tenure | 3.7yrs |
| Board average tenure | 2.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$2m |
| Sep 30 2023 | n/a | n/a | -CA$2m |
| Jun 30 2023 | n/a | n/a | -CA$2m |
| Mar 31 2023 | n/a | n/a | -CA$2m |
| Dec 31 2022 | CA$385k | CA$305k | -CA$3m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | -CA$3m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$359k | CA$300k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$334k | CA$285k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$2m |
| Mar 31 2020 | n/a | n/a | -CA$1m |
| Dec 31 2019 | CA$364k | CA$250k | -CA$3m |
| Sep 30 2019 | n/a | n/a | -CA$3m |
| Jun 30 2019 | n/a | n/a | -CA$3m |
| Mar 31 2019 | n/a | n/a | -CA$3m |
| Dec 31 2018 | CA$173k | CA$150k | -CA$2m |
| Sep 30 2018 | n/a | n/a | -CA$2m |
| Jun 30 2018 | n/a | n/a | -CA$9m |
| Mar 31 2018 | n/a | n/a | -CA$9m |
| Dec 31 2017 | CA$452k | CA$150k | -CA$9m |
Compensation vs Market: Keith's total compensation ($USD281.69K) is about average for companies of similar size in the German market ($USD401.52K).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
CEO
Keith Henderson (52 yo)
6.8yrs
Tenure
CA$384,984
Compensation
Mr. Keith J. Henderson, P.Geo., M.Sc., has been the Chief Executive Officer and President at Latin Metals Inc. (formerly Centenera Mining Corporation) since June 18, 2015. Mr. Henderson has been the Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | CA$384.98k | 3.81% CA$ 613.4k | |
| Chief Financial Officer | 4.3yrs | CA$157.28k | 0.011% CA$ 1.8k | |
| VP of Operations & Director | 3.7yrs | CA$320.40k | 0.051% CA$ 8.2k | |
| Vice President of Corporate Communications | 2.8yrs | no data | no data | |
| Director of Geology | 2.4yrs | CA$205.08k | 0% CA$ 0 | |
| Corporate Secretary | no data | no data | no data |
3.7yrs
Average Tenure
52yo
Average Age
Experienced Management: VMSP's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | CA$384.98k | 3.81% CA$ 613.4k | |
| VP of Operations & Director | 6.8yrs | CA$320.40k | 0.051% CA$ 8.2k | |
| Advisor to Board | 2.1yrs | no data | no data | |
| Independent Director | 6.8yrs | CA$53.04k | 0.025% CA$ 4.1k | |
| Advisor to Board | less than a year | CA$53.04k | no data | |
| Director | 1.3yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
2.1yrs
Average Tenure
53yo
Average Age
Experienced Board: VMSP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.