NXT Energy Solutions Management
Management criteria checks 3/4
NXT Energy Solutions' CEO is Bruce Wilcox, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is CA$248.15K, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth $92.42K. The average tenure of the management team and the board of directors is 5.9 years and 9.4 years respectively.
Key information
Bruce Wilcox
Chief executive officer
CA$248.2k
Total compensation
| CEO salary percentage | 47.1% |
| CEO tenure | 1.4yrs |
| CEO ownership | 1.0% |
| Management average tenure | 5.9yrs |
| Board average tenure | 9.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$7m |
| Jun 30 2024 | n/a | n/a | -CA$7m |
| Mar 31 2024 | n/a | n/a | -CA$6m |
| Dec 31 2023 | CA$248k | CA$117k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$6m |
| Jun 30 2023 | n/a | n/a | -CA$6m |
| Mar 31 2023 | n/a | n/a | -CA$7m |
| Dec 31 2022 | CA$35k | n/a | -CA$7m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$7m |
| Mar 31 2022 | n/a | n/a | -CA$3m |
| Dec 31 2021 | CA$35k | n/a | -CA$3m |
| Sep 30 2021 | n/a | n/a | -CA$3m |
| Jun 30 2021 | n/a | n/a | -CA$3m |
| Mar 31 2021 | n/a | n/a | -CA$6m |
| Dec 31 2020 | CA$35k | n/a | -CA$6m |
| Sep 30 2020 | n/a | n/a | -CA$6m |
| Jun 30 2020 | n/a | n/a | -CA$5m |
| Mar 31 2020 | n/a | n/a | CA$4m |
| Dec 31 2019 | CA$35k | n/a | CA$4m |
Compensation vs Market: Bruce's total compensation ($USD177.54K) is below average for companies of similar size in the US market ($USD652.28K).
Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.
CEO
Bruce Wilcox (69 yo)
1.4yrs
Tenure
CA$248,153
Compensation
Mr. Bruce Gregory Wilcox is a Principal of the Managing Member and Investment Manager at Xiling Group, LLC since January 2011. Mr. Wilcox is CEO of E Street Management, LLC since 2016. Mr. Wilcox is respon...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.4yrs | CA$248.15k | 0.98% $ 92.4k | |
| VP of Finance | 5.9yrs | CA$225.36k | 1.2% $ 113.1k | |
| Corporate Secretary & Independent Director | 10.6yrs | CA$40.41k | no data | |
| Head of Interpretation & Project Engineer | no data | no data | no data | |
| Director of GeoSciences for the Americas | no data | no data | no data | |
| Director of Geosciences - Africa | no data | no data | no data | |
| Director of Global Business Development | no data | CA$101.65k | no data | |
| Director of Research & Development | no data | no data | no data |
5.9yrs
Average Tenure
Experienced Management: NSFD.F's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.4yrs | CA$248.15k | 0.98% $ 92.4k | |
| VP of Finance | less than a year | CA$225.36k | 1.2% $ 113.1k | |
| Corporate Secretary & Independent Director | 17yrs | CA$40.41k | no data | |
| Chairman & Lead Independent Director | 18.8yrs | CA$43.10k | 0.52% $ 49.2k | |
| Independent Director | 3.3yrs | CA$40.41k | 0.098% $ 9.3k | |
| Member of Geosciences Advisory Board | 9.8yrs | no data | no data | |
| Member of Geosciences Advisory Board | 16.4yrs | no data | no data | |
| Member of Geosciences Advisory Board | no data | no data | no data | |
| Independent Director | 1.4yrs | CA$33.79k | no data | |
| Independent Director | less than a year | no data | 0.48% $ 45.8k |
9.4yrs
Average Tenure
68yo
Average Age
Experienced Board: NSFD.F's board of directors are considered experienced (9.4 years average tenure).