Burcon NutraScience Management
Management criteria checks 3/4
Burcon NutraScience's CEO is Kip Underwood, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is CA$426.69K, comprised of 38.6% salary and 61.4% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth $10.05K. The average tenure of the management team and the board of directors is 18.6 years and 3.3 years respectively.
Key information
Kip Underwood
Chief executive officer
CA$426.7k
Total compensation
| CEO salary percentage | 38.6% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.04% |
| Management average tenure | 18.6yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Burcon NutraScience falls 23% postmarket on delisting of stock from Nasdaq Capital Market
Sep 02Burcon NutraScience GAAP EPS of -C$0.04, revenue of C$90.54K
Aug 15Burcon: Partner Bunge's $500 Million To $1 Billion Of Growth Capex Within Alternative Proteins Bodes Well
May 12Burcon NutraScience: Achieved Several Key Milestones In 1H 2021, Significant Opportunity Ahead
Sep 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$7m |
| Sep 30 2023 | n/a | n/a | -CA$21m |
| Jun 30 2023 | n/a | n/a | -CA$23m |
| Mar 31 2023 | CA$427k | CA$165k | -CA$25m |
Compensation vs Market: Kip's total compensation ($USD311.86K) is below average for companies of similar size in the US market ($USD661.15K).
Compensation vs Earnings: Insufficient data to compare Kip's compensation with company performance.
CEO
Kip Underwood
1.5yrs
Tenure
CA$426,691
Compensation
Mr. Kip Underwood, M.B.A., is Chief Executive Officer of Burcon NutraScience Corporation from November 07, 2022. Mr. Underwood began his career with the Solae Company and held progressively more senior pos...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.5yrs | CA$426.69k | 0.035% CA$ 10.1k | |
| CFO & Treasurer | no data | CA$262.23k | 0.32% CA$ 91.5k | |
| Senior VP of Legal & Corporate Secretary | 23.7yrs | CA$231.21k | 0.41% CA$ 118.0k | |
| Senior Vice President of Process | 22.5yrs | CA$212.75k | 0.58% CA$ 166.8k | |
| Vice President of Technical Development | 14.7yrs | CA$207.51k | 0.13% CA$ 37.2k | |
| Director of Investor Relations | no data | no data | 0.17% CA$ 48.7k |
18.6yrs
Average Tenure
Experienced Management: BRCN.F's management team is seasoned and experienced (18.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director Emeritus | no data | CA$13.50k | no data | |
| Lead Independent Director | 14.4yrs | CA$35.80k | 0.21% CA$ 60.6k | |
| Independent Director | 1.5yrs | CA$14.31k | no data | |
| Independent Director | 14.1yrs | CA$24.24k | no data | |
| Chairman of the Board | 8.3yrs | CA$220.65k | 1.02% CA$ 291.9k | |
| Independent Director | 3.8yrs | CA$32.27k | 0.11% CA$ 32.7k | |
| Independent Director | 2.8yrs | CA$45.86k | 0.11% CA$ 31.7k | |
| Independent Director | 2.7yrs | CA$30.24k | 0.070% CA$ 20.1k | |
| Independent Director | less than a year | no data | 5.97% CA$ 1.7m |
3.3yrs
Average Tenure
Experienced Board: BRCN.F's board of directors are considered experienced (3.3 years average tenure).