Element79 Gold Management
Management criteria checks 1/4
Element79 Gold's CEO is James Tworek, appointed in Sep 2020, has a tenure of 4.08 years. total yearly compensation is CA$184.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth $78.31K. The average tenure of the management team and the board of directors is 1.1 years and 1.4 years respectively.
Key information
James Tworek
Chief executive officer
CA$184.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4.1yrs |
| CEO ownership | 1.0% |
| Management average tenure | 1.1yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2024 | n/a | n/a | -CA$12m |
| Feb 29 2024 | n/a | n/a | -CA$12m |
| Nov 30 2023 | n/a | n/a | -CA$12m |
| Aug 31 2023 | CA$184k | CA$184k | -CA$12m |
| May 31 2023 | n/a | n/a | -CA$7m |
| Feb 28 2023 | n/a | n/a | -CA$6m |
| Nov 30 2022 | n/a | n/a | -CA$5m |
| Aug 31 2022 | CA$112k | CA$112k | -CA$5m |
| May 31 2022 | n/a | n/a | -CA$4m |
| Feb 28 2022 | n/a | n/a | -CA$1m |
| Nov 30 2021 | n/a | n/a | -CA$946k |
| Aug 31 2021 | CA$71k | CA$60k | -CA$626k |
Compensation vs Market: James's total compensation ($USD135.57K) is below average for companies of similar size in the US market ($USD667.78K).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
CEO
James Tworek (43 yo)
4.1yrs
Tenure
CA$184,000
Compensation
Mr. James Christopher Tworek serves as Independent Director of Panther Minerals Inc. (formerly known as Lithium Lion Metals Inc.) (formerly known as Gold Lion Resources Inc.) since July 2023. He serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 4.1yrs | CA$184.00k | 1.04% CA$ 78.3k | |
| COO & VP of Global Exploration | less than a year | CA$333.28k | 3.48% CA$ 262.1k | |
| Chief Financial Officer | 1.1yrs | no data | 0.12% CA$ 8.8k |
1.1yrs
Average Tenure
Experienced Management: ELMG.F's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 1.3yrs | CA$184.00k | 1.04% CA$ 78.3k | |
| Independent Director | 3.9yrs | CA$24.00k | 1.43% CA$ 107.6k | |
| Independent Director | 1.5yrs | CA$10.88k | 0.21% CA$ 15.6k | |
| Director | less than a year | no data | 0.13% CA$ 9.6k | |
| Member of the Advisory Board | less than a year | no data | no data | |
| Director | 2.5yrs | no data | 0% CA$ 0 |
1.4yrs
Average Tenure
46yo
Average Age
Experienced Board: ELMG.F's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.