Fortune Rise Acquisition Corporation

OTCPK:FRLA.U Stock Report

Market Cap: US$46.0m

Fortune Rise Acquisition Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ryan Spick

Chief executive officer

US$182.2k

Total compensation

CEO salary percentage1.6%
CEO tenureless than a year
CEO ownership0.2%
Management average tenureno data
Board average tenure1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ryan Spick's remuneration changed compared to Fortune Rise Acquisition's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$1m

Mar 31 2024n/an/a

-US$1m

Dec 31 2023US$182kUS$3k

-US$352k

Sep 30 2023n/an/a

US$621k

Jun 30 2023n/an/a

US$756k

Mar 31 2023n/an/a

US$579k

Dec 31 2022US$3kn/a

-US$48k

Compensation vs Market: Ryan's total compensation ($USD182.19K) is below average for companies of similar size in the US market ($USD647.72K).

Compensation vs Earnings: Ryan's compensation has increased whilst the company is unprofitable.


CEO

Ryan Spick (46 yo)

less than a year

Tenure

US$182,186

Compensation

Mr. Ryan Spick serves as Principal Executive Officer and Chief Financial Officer since December 22, 2023 at Fortune Rise Acquisition Corporation. He was Independent Director of Fortune Rise Acquisition Cor...


Board Members

NamePositionTenureCompensationOwnership
Philip Goodman
Independent Director1.7yrsUS$54.00k0.32%
$ 146.8k
Ronald Pollack
Independent Chairman1.9yrsUS$132.00k0.48%
$ 220.3k
Beau Vuillemot
Independent Directorless than a yearno datano data

1.7yrs

Average Tenure

66yo

Average Age

Experienced Board: FRLA.U's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.