ATEX Resources Inc.

OTCPK:ECRT.F Stock Report

Market Cap: US$224.0m

ATEX Resources Management

Management criteria checks 2/4

ATEX Resources' CEO is Raymond Jannas Runco, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is CA$350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $1.43M. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.

Key information

Raymond Jannas Runco

Chief executive officer

CA$350.0k

Total compensation

CEO salary percentage100.0%
CEO tenure3.8yrs
CEO ownership0.6%
Management average tenure1.8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Raymond Jannas Runco's remuneration changed compared to ATEX Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-CA$31m

Sep 30 2023CA$350kCA$350k

-CA$29m

Jun 30 2023n/an/a

-CA$14m

Mar 31 2023n/an/a

-CA$15m

Dec 31 2022n/an/a

-CA$14m

Sep 30 2022CA$231kCA$231k

-CA$10m

Jun 30 2022n/an/a

-CA$2m

Mar 31 2022n/an/a

-CA$2m

Dec 31 2021n/an/a

-CA$2m

Sep 30 2021CA$151kCA$151k

-CA$944k

Jun 30 2021n/an/a

-CA$1m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020n/an/a

-CA$2m

Sep 30 2020CA$39kCA$39k

-CA$2m

Compensation vs Market: Raymond's total compensation ($USD256.17K) is below average for companies of similar size in the US market ($USD1.62M).

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


CEO

Raymond Jannas Runco (70 yo)

3.8yrs

Tenure

CA$350,000

Compensation

Dr. Raymond Robert Jannas Runco, B.Sc., M.Sc., Ph D., serves as the President of Gexsa Ltd. since August 2012.Dr. Jannas Runco served as the Chief Executive Officer of Minera Fuego Limited until 2015. Dr....


Leadership Team

NamePositionTenureCompensationOwnership
Raymond Jannas Runco
President3.8yrsCA$350.00k0.64%
CA$ 1.4m
Sheila Magallon
Chief Financial Officer1.3yrsCA$187.50k0.0051%
CA$ 11.3k
Benjamin Pullinger
Senior Vice President of Exploration & Business Development1.8yrsCA$300.00k0.11%
CA$ 242.6k

1.8yrs

Average Tenure

Experienced Management: ECRT.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Raymond Jannas Runco
President4.1yrsCA$350.00k0.64%
CA$ 1.4m
Craig Nelsen
Independent Chairman5.3yrsCA$24.00k3.68%
CA$ 8.2m
Kevin MacLean
Member of Advisory Committee4.8yrsno datano data
Hans Rasmussen
Member of Advisory Committee4.3yrsno datano data
Robert D. Suttie
Independent Director5.3yrsCA$12.00kno data
Jeffrey Palmer
Member of Advisory Committee4.3yrsno datano data
V. Ortuzar
Member of Advisory Committee4.8yrsno datano data
Alejandra Wood
Independent Director2.3yrsCA$12.00kno data
Jamile Cruz
Independent Director1.9yrsCA$12.00k0.0046%
CA$ 10.2k

4.3yrs

Average Tenure

66.5yo

Average Age

Experienced Board: ECRT.F's board of directors are considered experienced (4.3 years average tenure).


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