Foremost Clean Energy Management
Management criteria checks 1/4
Foremost Clean Energy's CEO is Jason Barnard, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CA$457.67K, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 2.24% of the company’s shares, worth $242.28K. The average tenure of the management team and the board of directors is 1.2 years and 2.2 years respectively.
Key information
Jason Barnard
Chief executive officer
CA$457.7k
Total compensation
| CEO salary percentage | 54.2% |
| CEO tenure | 1.9yrs |
| CEO ownership | 2.2% |
| Management average tenure | 1.2yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$5m |
| Jun 30 2024 | n/a | n/a | -CA$5m |
| Mar 31 2024 | CA$458k | CA$248k | -CA$4m |
| Dec 31 2023 | n/a | n/a | -CA$3m |
| Sep 30 2023 | n/a | n/a | CA$172k |
| Jun 30 2023 | n/a | n/a | CA$1m |
| Mar 31 2023 | CA$273k | CA$90k | CA$957k |
Compensation vs Market: Jason's total compensation ($USD327.34K) is below average for companies of similar size in the US market ($USD649.07K).
Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.
CEO
Jason Barnard (58 yo)
1.9yrs
Tenure
CA$457,666
Compensation
Mr. Jason Barnard is Director of Foremost Clean Energy Ltd. (formerly known as Foremost Lithium Resource & Technology Ltd.) from September 08, 2022 and serves as its President and Chief Executive Officer s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.9yrs | CA$457.67k | 2.24% $ 242.3k | |
| Chief Operating Officer | 1.9yrs | CA$262.95k | 3.32% $ 358.0k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Corporate Secretary | less than a year | no data | no data |
1.2yrs
Average Tenure
54yo
Average Age
Experienced Management: FMST's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | CA$457.67k | 2.24% $ 242.3k | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Non-Executive Independent Chairman of the Board | less than a year | CA$95.50k | 0.066% $ 7.1k | |
| Geological Advisor & Advisory Board Member | 1.3yrs | no data | no data | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Independent Director | 1.9yrs | CA$68.53k | 0% $ 0 | |
| Independent Director | less than a year | no data | 0.20% $ 21.8k | |
| Advisor to the Board of Directors | 3.8yrs | no data | no data | |
| Non-Executive & Non-Independent Director | 2.9yrs | CA$68.53k | 0.11% $ 11.4k | |
| Independent Director & Member of the Advisory Board | 2.2yrs | CA$88.53k | 0.010% $ 1.1k |
2.2yrs
Average Tenure
58yo
Average Age
Experienced Board: FMST's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.