Atlas Lithium Management
Management criteria checks 1/4
Atlas Lithium's CEO is Marc Fogassa, appointed in Dec 2012, has a tenure of 11.42 years. directly owns 30.17% of the company’s shares, worth $64.94M. The average tenure of the management team and the board of directors is 3.3 years and 2.5 years respectively.
Key information
Marc Fogassa
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 11.4yrs |
| CEO ownership | 30.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | n/a | -US$41m |
| Sep 30 2023 | n/a | n/a | -US$27m |
| Jun 30 2023 | n/a | n/a | -US$16m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$1m | n/a | -US$5m |
| Sep 30 2022 | n/a | n/a | -US$3m |
| Jun 30 2022 | n/a | n/a | -US$3m |
| Mar 31 2022 | n/a | n/a | -US$3m |
| Dec 31 2021 | US$1m | n/a | -US$3m |
| Sep 30 2021 | n/a | n/a | -US$2m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$1m |
| Dec 31 2020 | US$38k | US$38k | -US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$17k | US$17k | -US$2m |
| 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$25k | US$25k | -US$2m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$2m |
| Mar 31 2018 | n/a | n/a | -US$2m |
| Dec 31 2017 | US$14k | US$14k | -US$2m |
Compensation vs Market: Marc's total compensation ($USD3.23M) is above average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
CEO
Marc Fogassa (57 yo)
11.4yrs
Tenure
US$3,229,593
Compensation
Dr. Marc Fogassa, M.D. has been the Chairman and Chief Executive Officer of Atlas Lithium Corporation (formerly known as Brazil Minerals, Inc.) since December 2012 and serves as its President. Dr. Fogassa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.4yrs | US$3.23m | 30.17% $ 64.9m | |
| CFO, Principal Accounting Officer & Treasurer | 2.2yrs | US$184.69k | 0.29% $ 624.9k | |
| Vice President of Investor Relations | 5.3yrs | US$506.56k | 0.31% $ 662.0k | |
| COO & Director | less than a year | no data | no data | |
| Chief of ESG | 4.3yrs | no data | 0.12% $ 250.7k | |
| Chief Geological Officer | less than a year | no data | no data | |
| Vice President of Business Development | no data | no data | 1.53% $ 3.3m |
3.3yrs
Average Tenure
45yo
Average Age
Experienced Management: ATLX's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.4yrs | US$3.23m | 30.17% $ 64.9m | |
| COO & Director | less than a year | no data | no data | |
| Independent Director | 11.4yrs | US$374.36k | 2.64% $ 5.7m | |
| Independent Director | 2.4yrs | US$6.00k | 0.23% $ 504.3k | |
| Independent Director | 2.5yrs | US$6.00k | 0.0073% $ 15.8k |
2.5yrs
Average Tenure
57yo
Average Age
Experienced Board: ATLX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.