Kelso Technologies Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Rik Bond

Chief executive officer

US$254.2k

Total compensation

CEO salary percentage	94.4%
CEO tenure	14yrs
CEO ownership	3.0%
Management average tenure	9.4yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rik Bond's remuneration changed compared to Kelso Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$254k	US$240k	-US$2m
Sep 30 2023	n/a	n/a	-US$2m
Jun 30 2023	n/a	n/a	-US$3m
Mar 31 2023	n/a	n/a	-US$2m
Dec 31 2022	US$262k	US$240k	-US$1m
Sep 30 2022	n/a	n/a	-US$2m
Jun 30 2022	n/a	n/a	-US$2m
Mar 31 2022	n/a	n/a	-US$2m
Dec 31 2021	US$255k	US$240k	-US$3m
Sep 30 2021	n/a	n/a	-US$3m
Jun 30 2021	n/a	n/a	-US$4m
Mar 31 2021	n/a	n/a	-US$3m
Dec 31 2020	US$270k	US$214k	-US$1m
Sep 30 2020	n/a	n/a	US$2m
Jun 30 2020	n/a	n/a	US$3m
Mar 31 2020	n/a	n/a	US$4m
Dec 31 2019	US$386k	US$180k	US$3m
Sep 30 2019	n/a	n/a	US$2m
Jun 30 2019	n/a	n/a	US$2m
Mar 31 2019	n/a	n/a	US$2m
Dec 31 2018	US$236k	US$180k	US$194k
Sep 30 2018	n/a	n/a	-US$2m
Jun 30 2018	n/a	n/a	-US$4m
Mar 31 2018	n/a	n/a	-US$5m
Dec 31 2017	US$197k	US$180k	-US$5m

Compensation vs Market: Rik's total compensation ($USD254.20K) is below average for companies of similar size in the US market ($USD668.06K).

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

CEO

Rik Bond (69 yo)

14yrs

Tenure

US$254,199

Compensation

Mr. James Richard Bond, also known as Rik, B. Com, serves as Chief Executive Officer and President of SiQ Mountain Industries Inc. since March 09, 2023. He has been the Chief Executive Officer and Presiden...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Bond	President	14yrs	US$254.20k	3% $ 191.1k
Richard Lee	Chief Financial Officer	14yrs	US$254.20k	0.28% $ 18.1k
Anthony Andrukaitis	COO & Director	8.1yrs	US$259.86k	0.50% $ 32.1k
Chris Stewart	President of KIQ X Industries Inc.	3.3yrs	US$195.01k	0.10% $ 6.7k
Kathy Love	Corporate Secretary	9.4yrs	no data	0.30% $ 18.8k
Patrick Hankey	Controller	no data	US$147.59k	no data

9.4yrs

Average Tenure

68yo

Average Age

Experienced Management: KIQS.F's management team is seasoned and experienced (9.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Bond	President	14yrs	US$254.20k	3% $ 191.1k
Anthony Andrukaitis	COO & Director	12.7yrs	US$259.86k	0.50% $ 32.1k
Jesse Crews	Independent Director	6yrs	US$33.68k	0.22% $ 14.3k
James Frew	Chairman of Rail Advisory Board	17.1yrs	no data	no data
Edward Cass	Lead Independent Director	7.8yrs	US$56.60k	0.17% $ 10.8k
Laura Roach	Independent Director	7.7yrs	US$41.18k	0.10% $ 6.6k
Frank Busch	Independent Director	4.2yrs	US$43.68k	0.055% $ 3.5k

7.8yrs

Average Tenure

67.5yo

Average Age

Experienced Board: KIQS.F's board of directors are considered experienced (7.8 years average tenure).

Kelso Technologies Management

Management criteria checks 4/4

Key information

Recent management updates

Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024

Insufficient new directors

Kelso Technologies Inc. Elects Paul Cass as Director At the Annual General Meeting Held on June 2, 2022

Recent updates

Kelso Technologies Inc., Annual General Meeting, Jun 06, 2024

Kelso Technologies Announces Intention to Delist from NYSE American

New major risk - Share price stability

Kelso Technologies Receives Notice of Non-Compliance from NYSE American

New major risk - Market cap size

Kelso Technologies Inc. Files First Patent Application for the Company's Automated Traction Optimization Method for Vehicle Suspension Systems

Second quarter 2023 earnings released: US$0.019 loss per share (vs US$0.01 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.001 loss in 1Q 2022)

Full year 2022 earnings released: US$0.025 loss per share (vs US$0.051 loss in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: US$0.007 loss per share (vs US$0.008 loss in 3Q 2021)

Third quarter 2022 earnings released: US$0.007 loss per share (vs US$0.008 loss in 3Q 2021)

Second quarter 2022 earnings released: US$0.01 loss per share (vs US$0.008 loss in 2Q 2021)

Kelso Technologies Inc. Elects Paul Cass as Director At the Annual General Meeting Held on June 2, 2022

First quarter 2022 earnings released: US$0.001 loss per share (vs US$0.017 loss in 1Q 2021)

Full year 2021 earnings released

Kelso Technologies Inc. Announces Angle Valve Service Trials Update

Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.014 loss in 3Q 2020)

Kelso Technologies Inc. Announces the Regulatory Completion of New Commercial Truck Tanker Equipment

Second quarter 2021 earnings released: US$0.01 loss per share (vs US$0.005 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.017 loss per share (vs US$0.027 profit in 1Q 2020)

Full year 2020 earnings released: US$0.028 loss per share (vs US$0.071 profit in FY 2019)

Kelso Technologies Inc. announced that it has received CAD 6.37 million in funding

Kelso Technologies Inc. Terminates the Technology Development Agreement with the G & J Technologies Inc

Investor sentiment deteriorated over the past week

New 90-day high: US$1.30

Investor sentiment improved over the past week

Kelso Technologies Inc. announced that it expects to receive CAD 6.3 million in funding

New 90-day high: US$0.95

Kelso Technologies Inc Provides A Progress Report on the KXI Suspension Development Project

New 90-day high: US$0.67

New 90-day low: US$0.49

Third quarter earnings released

Kelso Technologies Inc. Field Service Trials for New Pressure Car Angle Valve

New 90-day low: US$0.50

New 90-day low - US$0.58

First half earnings released

New 90-day high - US$0.73

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age