Lycos Energy Management
Management criteria checks 1/4
Lycos Energy's CEO is Dave Burton, appointed in Dec 2022, has a tenure of 1.67 years. total yearly compensation is CA$477.50K, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 2.94% of the company’s shares, worth $3.62M. The average tenure of the management team and the board of directors is 1.7 years and 1.7 years respectively.
Key information
Dave Burton
Chief executive officer
CA$477.5k
Total compensation
| CEO salary percentage | 47.1% |
| CEO tenure | 1.7yrs |
| CEO ownership | 2.9% |
| Management average tenure | 1.7yrs |
| Board average tenure | 1.7yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CA$1m |
| Dec 31 2023 | CA$478k | CA$225k | CA$25m |
| Sep 30 2023 | n/a | n/a | CA$9m |
| Jun 30 2023 | n/a | n/a | CA$23m |
| Mar 31 2023 | n/a | n/a | CA$24m |
| Dec 31 2022 | CA$23k | CA$11k | CA$4m |
Compensation vs Market: Dave's total compensation ($USD350.16K) is below average for companies of similar size in the US market ($USD681.57K).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Dave Burton
1.7yrs
Tenure
CA$477,500
Compensation
Mr. David Jonathan Burton, Dave, P.Eng. serves as President and Chief Executive Officer at Lycos Energy Inc. since December 12, 2022 and serves as its Director since December 12, 2022. He has been a Vice P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | CA$477.50k | 2.94% CA$ 3.6m | |
| CFO & VP of Finance | 1.7yrs | CA$447.50k | 0.24% CA$ 291.3k | |
| Chief Operating Officer | 1.7yrs | CA$447.50k | 1.61% CA$ 2.0m | |
| Vice President of Exploration | no data | no data | 0.38% CA$ 466.8k | |
| Corporate Secretary | 1.7yrs | no data | no data | |
| Vice President of Production | 1.3yrs | no data | 0.042% CA$ 51.9k | |
| Vice President of Land | no data | no data | 0.25% CA$ 310.4k |
1.7yrs
Average Tenure
Experienced Management: LCXE.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.7yrs | CA$477.50k | 2.94% CA$ 3.6m | |
| Independent Chairman of the Board | 1.7yrs | no data | 1.68% CA$ 2.1m | |
| Independent Director | 1.7yrs | no data | 0.52% CA$ 636.0k | |
| Special Advisor to the Board | no data | no data | no data | |
| Independent Director | 1.7yrs | no data | no data | |
| Independent Director | 1.2yrs | no data | 0.18% CA$ 224.0k | |
| Independent Director | 1.7yrs | no data | 0.26% CA$ 317.4k |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: LCXE.F's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.