Next Hydrogen Solutions Management
Management criteria checks 2/4
Next Hydrogen Solutions' CEO is Raveel Afzaal, appointed in Oct 2020, has a tenure of 3.58 years. total yearly compensation is CA$264.62K, comprised of 85% salary and 15% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth $25.64K. The average tenure of the management team and the board of directors is 1.6 years and 3.6 years respectively.
Key information
Raveel Afzaal
Chief executive officer
CA$264.6k
Total compensation
| CEO salary percentage | 85.0% |
| CEO tenure | 4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.6yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$13m |
| Mar 31 2024 | n/a | n/a | -CA$12m |
| Dec 31 2023 | CA$265k | CA$225k | -CA$12m |
| Sep 30 2023 | n/a | n/a | -CA$12m |
| Jun 30 2023 | n/a | n/a | -CA$14m |
| Mar 31 2023 | n/a | n/a | -CA$14m |
| Dec 31 2022 | CA$247k | CA$215k | -CA$14m |
| Sep 30 2022 | n/a | n/a | -CA$17m |
| Jun 30 2022 | n/a | n/a | -CA$17m |
| Mar 31 2022 | n/a | n/a | -CA$28m |
| Dec 31 2021 | CA$736k | CA$175k | -CA$27m |
| Sep 30 2021 | n/a | n/a | -CA$23m |
| Jun 30 2021 | n/a | n/a | -CA$21m |
| Mar 31 2021 | n/a | n/a | -CA$8m |
| Dec 31 2020 | CA$209k | CA$95k | -CA$7m |
Compensation vs Market: Raveel's total compensation ($USD194.96K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Raveel's compensation has increased whilst the company is unprofitable.
CEO
Raveel Afzaal (40 yo)
4yrs
Tenure
CA$264,620
Compensation
Mr. Raveel Afzaal, B.Math, B.Econ, CFA, has been the President of Next Hydrogen Solutions Inc. (formerly, BioHEP Technologies Ltd. & Next Hydrogen Corporation) since October 01, 2020 and serves as its Dire...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | CA$264.62k | 0.36% CA$ 25.6k | |
| Executive Vice Chairman | 6.4yrs | CA$118.37k | 0.41% CA$ 29.4k | |
| Chief Financial Officer | 1.8yrs | CA$267.59k | no data | |
| Chief Technology Officer | 16.8yrs | CA$281.99k | 1.52% CA$ 108.8k | |
| Chief Product Officer | 1.4yrs | CA$277.96k | 1.2% CA$ 85.7k | |
| Chief Operating Officer | 1.4yrs | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data |
1.6yrs
Average Tenure
58yo
Average Age
Experienced Management: NXHS.F's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | CA$264.62k | 0.36% CA$ 25.6k | |
| Executive Vice Chairman | 6.4yrs | CA$118.37k | 0.41% CA$ 29.4k | |
| Director | 6yrs | CA$50.00k | 1.05% CA$ 75.4k | |
| Independent Chairman of the Board | 6.4yrs | CA$50.00k | 1.38% CA$ 98.9k | |
| Independent Director | 3.3yrs | CA$50.00k | 0.044% CA$ 3.1k | |
| Independent Director | 3.6yrs | CA$50.00k | no data | |
| Independent Director | 3.3yrs | CA$50.00k | no data |
3.6yrs
Average Tenure
59yo
Average Age
Experienced Board: NXHS.F's board of directors are considered experienced (3.6 years average tenure).