International Zeolite Management

Management criteria checks 3/4

International Zeolite's CEO is Ray Paquette, appointed in Jan 1999, has a tenure of 25.83 years. directly owns 17.35% of the company’s shares, worth €124.84K. The average tenure of the management team and the board of directors is 7.3 years and 7.6 years respectively.

Key information

Ray Paquette

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	25.8yrs
CEO ownership	17.4%
Management average tenure	7.3yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ray Paquette's remuneration changed compared to International Zeolite's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$496k
Mar 31 2024	n/a	n/a	-CA$2m
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$946k
Dec 31 2022	n/a	n/a	-CA$794k
Sep 30 2022	n/a	n/a	-CA$882k
Jun 30 2022	CA$108k	CA$108k	-CA$830k
Mar 31 2022	n/a	n/a	-CA$992k
Dec 31 2021	n/a	n/a	-CA$908k
Sep 30 2021	n/a	n/a	-CA$826k
Jun 30 2021	CA$108k	CA$108k	-CA$754k
Mar 31 2021	n/a	n/a	-CA$333k
Dec 31 2020	n/a	n/a	-CA$252k
Sep 30 2020	n/a	n/a	-CA$265k
Jun 30 2020	CA$108k	CA$108k	-CA$263k
Mar 31 2020	n/a	n/a	-CA$651k
Dec 31 2019	n/a	n/a	-CA$781k
Sep 30 2019	n/a	n/a	-CA$768k
Jun 30 2019	CA$108k	CA$108k	-CA$916k
Mar 31 2019	n/a	n/a	-CA$1m
Dec 31 2018	n/a	n/a	-CA$1m
Sep 30 2018	n/a	n/a	-CA$1m
Jun 30 2018	CA$108k	CA$108k	-CA$1m

Compensation vs Market: Insufficient data to establish whether Ray's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Ray's compensation has been consistent with company performance over the past year.

CEO

Ray Paquette (75 yo)

25.8yrs

Tenure

CA$108,000

Compensation

Mr. Lucien Raymon Paquette, also known as Ray, has been the Chief Executive Officer of International Zeolite Corp. (formerly, Canadian Zeolite Corp.) since 1999 and has been its Director since January 1, 1...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lucien Paquette	CEO & Director	25.8yrs	CA$108.00k	17.35% € 124.8k
Hatem Kawar	Chief Financial Officer	4.6yrs	no data	no data
Catherine Beckett	Corporate Secretary	no data	no data	no data
Pratap Reddy	Strategic Consultant & Member of Advisory Board	7.3yrs	no data	no data

7.3yrs

Average Tenure

Experienced Management: ZEON's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lucien Paquette	CEO & Director	30.8yrs	CA$108.00k	17.35% € 124.8k
Pratap Reddy	Strategic Consultant & Member of Advisory Board	7.3yrs	no data	no data
Stephen Coates	Director	6.4yrs	no data	0.68% € 4.9k
David Kepkay	Independent Director	24.8yrs	no data	0.27% € 1.9k
Ron Schneider	Independent Director	8yrs	no data	no data
Gerardo Rodriquez-Fuentes	Member of Advisory Board	1.4yrs	no data	no data
Donald Ross	Member of Advisory Board	7.8yrs	no data	no data
Larry Brandenburg	Member of Advisory Board	7.2yrs	no data	no data

7.6yrs

Average Tenure

68yo

Average Age

Experienced Board: ZEON's board of directors are considered experienced (7.6 years average tenure).

International Zeolite Management

Management criteria checks 3/4

Key information

Recent management updates

International Zeolite Corp., Annual General Meeting, Jan 19, 2023

Less than half of directors are independent

International Zeolite Corp., Annual General Meeting, Jan 04, 2023

International Zeolite Corp. Appoints Andrew Corradini as Chief Commercial Officer and Member of Executive Management Team

International Zeolite Appoints Dr. Sc. Rodriguez-Fuentes as Chief Science Officer

Less than half of directors are independent

Recent updates

Full year 2024 earnings released: CA$0.012 loss per share (vs CA$0.042 loss in FY 2023)

Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2023)

Second quarter 2024 earnings released: CA$0.004 loss per share (vs CA$0.002 loss in 2Q 2023)

New minor risk - Shareholder dilution

First quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.006 loss in 1Q 2023)

Full year 2023 earnings released: CA$0.042 loss per share (vs CA$0.021 loss in FY 2022)

Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.007 loss in 3Q 2022)

Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 2Q 2022)

International Zeolite Corp., Annual General Meeting, Jan 19, 2023

First quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.005 loss in 1Q 2022)

International Zeolite Corp. announced that it expects to receive CAD 2 million in funding

Less than half of directors are independent

Full year 2022 earnings released: CA$0.021 loss per share (vs CA$0.02 loss in FY 2021)

International Zeolite Corp., Annual General Meeting, Jan 04, 2023

International Zeolite Corp. Appoints Andrew Corradini as Chief Commercial Officer and Member of Executive Management Team

International Zeolite Appoints Dr. Sc. Rodriguez-Fuentes as Chief Science Officer

International Zeolite Corp. Announces Trail Results from Independent Studies of Its New Plant Growing Family of Products, NEREA

Progressive Planet Solutions Inc. (TSXV:PLAN) entered into an agreement to acquire a 50 % interest in the Bromley Creek Zeolite Mine from International Zeolite Corp. (TSXV:IZ) for CAD 0.725 million.

Third quarter 2022 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

International Zeolite Corp. announced that it has received CAD 0.708 million in funding

Full year 2021 earnings released: CA$0.02 loss per share (vs CA$0.007 loss in FY 2020)

Third quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.003 loss in 3Q 2020)

International Zeolite Corp. announced that it expects to receive CAD 4 million in funding from Alumina Partners (Ontario) Ltd.

International Zeolite Corp. Names Cliff Hacking as an Advisor to the Board of Directors

International Zeolite Announces Appointment of Mark Caplan as Advisor

Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2020)

International Zeolite Corp. Appoints Rohn Crabtree as an Advisor to Board of Directors

International Zeolite Corp.(TSXV:IZ) dropped from S&P/TSX Venture Composite Index

International Zeolite Corp., Annual General Meeting, Mar 04, 2021

First quarter 2021 earnings released: CA$0.003 loss per share

International Zeolite Corp. Appoints Mark Pearlman to Board of Directors

Full year earnings released - €0.0072 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age