Seabridge Gold Management

Management criteria checks 3/4

Seabridge Gold's CEO is Rudi Fronk, appointed in Oct 1999, has a tenure of 24.58 years. total yearly compensation is CA$3.07M, comprised of 27.6% salary and 72.4% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth $18.54M. The average tenure of the management team and the board of directors is 7.5 years and 5.9 years respectively.

Key information

Rudi Fronk

Chief executive officer

CA$3.1m

Total compensation

CEO salary percentage	27.6%
CEO tenure	24.6yrs
CEO ownership	1.4%
Management average tenure	7.5yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

Perhaps The Most Valuable Undeveloped Gold/Copper Resource In The World: Seabridge's KSM+

Jun 19

Seabridge Gold: Entering 2021

Jan 06

Huge Gold/Copper Reserves At Pennies On The Dollar: Seabridge

Nov 15

Seabridge Gold reports Q3 results

Nov 12

CEO Compensation Analysis

How has Rudi Fronk's remuneration changed compared to Seabridge Gold's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$29m
Sep 30 2023	n/a	n/a	-CA$32m
Jun 30 2023	n/a	n/a	-CA$22m
Mar 31 2023	n/a	n/a	-CA$12m
Dec 31 2022	CA$3m	CA$846k	-CA$7m
Sep 30 2022	n/a	n/a	CA$9m
Jun 30 2022	n/a	n/a	CA$3m
Mar 31 2022	n/a	n/a	-CA$1m
Dec 31 2021	CA$2m	CA$815k	CA$895k
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$16m
Dec 31 2020	CA$2m	CA$671k	-CA$15m
Sep 30 2020	n/a	n/a	-CA$5m
Jun 30 2020	n/a	n/a	-CA$13m
Mar 31 2020	n/a	n/a	-CA$11m
Dec 31 2019	CA$2m	CA$663k	-CA$12m
Sep 30 2019	n/a	n/a	-CA$13m
Jun 30 2019	n/a	n/a	-CA$13m
Mar 31 2019	n/a	n/a	-CA$13m
Dec 31 2018	CA$2m	CA$648k	-CA$20m
Sep 30 2018	n/a	n/a	-CA$21m
Jun 30 2018	n/a	n/a	-CA$20m
Mar 31 2018	n/a	n/a	-CA$19m
Dec 31 2017	CA$2m	CA$649k	-CA$10m

Compensation vs Market: Rudi's total compensation ($USD2.24M) is below average for companies of similar size in the US market ($USD5.72M).

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

CEO

Rudi Fronk (64 yo)

24.6yrs

Tenure

CA$3,066,784

Compensation

Mr. Rudi P. Fronk, B.sc., M.sc., has been the Chairman and Chief Executive Officer of Seabridge Gold, Inc. since June 27, 2012 and October 1999 respectively. He serves as the President of Seabridge Gold Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rudi Fronk	Chairman & CEO	24.6yrs	CA$3.07m	1.42% CA$ 18.5m
Ryan Hoel	COO & President	2.7yrs	CA$1.12m	0.078% CA$ 1.0m
Christopher Reynolds	VP of Finance & CFO	13yrs	CA$862.60k	0.19% CA$ 2.5m
Charles Scott	Senior VP	12.3yrs	CA$1.10m	0.13% CA$ 1.8m
William Threlkeld	Senior Vice President of Exploration	23.3yrs	CA$972.02k	0.49% CA$ 6.4m
Melanie Miller	VP, Chief Sustainability Officer & Director	1.8yrs	CA$44.25k	0.022% CA$ 284.1k
Julie Rachynski	Vice President of Human Resources	2.7yrs	no data	0.0097% CA$ 127.4k
Robert Murphy	Senior Vice President of Environmental Affairs	no data	CA$1.57m	0.10% CA$ 1.3m
Tracey Meintjes	Senior Vice President of Technical Services	less than a year	no data	0.0015% CA$ 19.5k

7.5yrs

Average Tenure

61.5yo

Average Age

Experienced Management: SA's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rudi Fronk	Chairman & CEO	24.6yrs	CA$3.07m	1.42% CA$ 18.5m
Melanie Miller	VP, Chief Sustainability Officer & Director	3.9yrs	CA$44.25k	0.022% CA$ 284.1k
John Sabine	Independent Lead Director	9.9yrs	CA$190.96k	0.051% CA$ 670.3k
Eliseo Gonzalez-Urien	Independent Director	18.3yrs	CA$158.84k	0.14% CA$ 1.9m
Clement Pelletier	Independent Director	5.9yrs	CA$158.85k	0.044% CA$ 571.2k
Jay Layman	Director	11.9yrs	CA$114.55k	0.038% CA$ 502.0k
Matthew Coon-Come	Independent Director	less than a year	no data	no data
Gary Sugar	Independent Director	8yrs	CA$145.99k	0.036% CA$ 473.5k
Tracey Arlaud	Independent Director	2.9yrs	CA$145.99k	0.016% CA$ 210.5k
Julie Robertson	Independent Director	less than a year	no data	no data
Carol Willson	Independent Director	1.9yrs	CA$238.18k	0.0057% CA$ 75.2k

5.9yrs

Average Tenure

70yo

Average Age

Experienced Board: SA's board of directors are considered experienced (5.9 years average tenure).

Seabridge Gold Management

Management criteria checks 3/4

Key information

Recent management updates

Board Member recently sold US$327k worth of stock

Seabridge Gold Inc., Annual General Meeting, Jun 27, 2024

Seabridge Gold Board Announces Senior Management Changes

Independent Director recently bought US$222k worth of stock

Seabridge Gold Inc. Approves Board Appointments

Independent Director recently sold US$140k worth of stock

Recent updates

New minor risk - Insider selling

Board Member recently sold US$327k worth of stock

Seabridge Gold Inc., Annual General Meeting, Jun 27, 2024

New major risk - Revenue and earnings growth

Seabridge Still An Effective Call Option On Gold And Copper Prices

Seabridge Gold Develops New Gold Deposition Model for 3 Aces Project

Seabridge Gold Provides Updated Mineral Resource Estimate for KSM's Kerr and Iron Cap Deposits

Seabridge Gold Inc. Updates Pfs for Courageous Lake Confirms Significantly Improved Project

Seabridge Gold Board Announces Senior Management Changes

Seabridge Gold Inc. Reports on the Bronson Slope Drilling Program at Its 100% Owned Iskut Property in Northwestern B.C.'s Golden Triangle

Seabridge Gold Reports First Drill Program on the Snip North Target at its 100% Owned Iskut Property in Northwestern British Columbia's Golden Triangle

Independent Director recently bought US$222k worth of stock

Seabridge Gold: Relevant Upside Potential As Gold Turns Bullish

New minor risk - Insider selling

New major risk - Revenue and earnings growth

Seabridge Is Poised For A Strong Recovery With Bullish Gold Prices

Seabridge Gold Commences Drilling at its Wholly Owned 3 Aces Project in Canada's Yukon to Complete Testing of Comprehensive Exploration Model

Seabridge Gold Inc. Approves Board Appointments

Seabridge Gold: An Attractive Valuation While Gold Is Weakening

Independent Director recently sold US$140k worth of stock

Seabridge Gold: The KSM Project In Focus This Year

Seabridge Gold Completes Initial Drill Program At 3 Aces Project Target Parameters Established for Major Drill Program in 2023

Seabridge Gold Reports Drilling Program At Bronson Deposit and Drilling Discovers Large Mineralized Breccia Pipe Expected to Have Porphyry Au-Cu System as Its Source

Insider recently sold US$258k worth of stock

VP of Finance & CFO recently bought US$124k worth of stock

Independent Director recently sold US$151k worth of stock

Seabridge Gold's Stock Doesn't Look Attractive; Shares Could Fall Further

Seabridge Gold Receives Class 4 Exploration Permit for Its 3 Aces Project Drilling Now Underway At the Hearts Zone

Seabridge Gold GAAP EPS of $0.24

Seabridge Gold Inc. Announces Management Changes

Seabridge Offers Huge Gold/Copper Reserves At Deep Discount

Seabridge Gold Inc. Announces Results of Updated Preliminary Feasibility Study

Insufficient new directors

Seabridge Gold Inc. Elects Carol T. Willson as Board of Director

Seabridge Gold Inc. Completes Updated Preliminary Feasibility Study for KSM Project

Seabridge Gold Reports That Core Drilling Will Commence Shortly At Its 100%-Owned Iskut Project in British Columbia

Insider recently sold US$150k worth of stock

Seabridge Gold Inc. Completes Drilling At Its Snowstorm Project in Northern Nevada

Chairman & CEO recently sold US$1.2m worth of stock

Seabridge Gold Reports Updated Mineral Resource Estimates for Its Mitchell and East Mitchell Deposits Which Incorporate Drilling Completed in 2021

Seabridge Gold: Patience Is Required

Seabridge Gold Inc., Annual General Meeting, Jun 29, 2022

Insider recently sold US$141k worth of stock

Seabridge Gold Inc. Announces Drill Results from the 2021 Drill Program of the Snowfield Deposit into the KSM Mine Plan

Seabridge Gold: Under Pressure As Gold Price Is Weakening

Seabridge Gold: A Strong Relative Strength Pick

Independent Director recently sold US$343k worth of stock

Independent Director recently sold US$180k worth of stock

Seabridge Gold: The KSM Gold-Copper Project

Seabridge to Begin Drilling Iskut Gold-Copper Porphyry Target Targeting Enhanced by MT Survey Successful At KSM

Independent Director A. Banfield has left the company

Perhaps The Most Valuable Undeveloped Gold/Copper Resource In The World: Seabridge's KSM+

Chairman & CEO recently sold US$896k worth of stock

Sprott Resource Streaming and Royalty acquired Residual Interests in Red Mountain Project in Northwestern British Columbia from Seabridge Gold Inc. (TSX:SEA) for $18 million.

Independent Director recently sold US$196k worth of stock

VP of Finance & CFO recently sold US$57k worth of stock

Independent Director recently sold US$341k worth of stock

New 90-day low: US$17.04

President recently sold US$577k worth of stock

Seabridge Gold: Entering 2021

New 90-day high: US$22.32

New 90-day low: US$17.48

Seabridge Gold Inc. Refiles Its Technical Report Prepared Under National Instrument 43-101

Huge Gold/Copper Reserves At Pennies On The Dollar: Seabridge

Seabridge Gold Inc. Reports Core Drilling at its 100%-Owned Iskut Project in Northwestern British Columbia

Seabridge Gold reports Q3 results

New 90-day high: US$20.17

Seabridge Gold Inc. (TSX:SEA) completed the acquisition of 3 Aces gold project located in Canada’s Yukon from Golden Predator Mining Corp. (TSXV:GPY).

CEO Compensation Analysis