Fortune Bay Management

Management criteria checks 3/4

Fortune Bay's CEO is Dale Verran, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is CA$257.85K, comprised of 86.3% salary and 13.7% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $19.45K. The average tenure of the management team and the board of directors is 4.4 years and 8.5 years respectively.

Key information

Dale Verran

Chief executive officer

CA$257.9k

Total compensation

CEO salary percentage86.3%
CEO tenure4.4yrs
CEO ownership0.2%
Management average tenure4.4yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dale Verran's remuneration changed compared to Fortune Bay's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$1m

Mar 31 2024n/an/a

-CA$1m

Dec 31 2023CA$258kCA$223k

-CA$1m

Sep 30 2023n/an/a

-CA$2m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$2m

Dec 31 2022CA$210kCA$210k

-CA$1m

Sep 30 2022n/an/a

-CA$1m

Jun 30 2022n/an/a

-CA$2m

Mar 31 2022n/an/a

-CA$2m

Dec 31 2021CA$200kCA$200k

-CA$2m

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$1m

Mar 31 2021n/an/a

-CA$1m

Dec 31 2020CA$200kCA$108k

-CA$1m

Compensation vs Market: Dale's total compensation ($USD184.48K) is below average for companies of similar size in the US market ($USD650.80K).

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


CEO

Dale Verran

4.4yrs

Tenure

CA$257,850

Compensation

Mr. Dale Verran, MSc, P.Geo, Pr Sci.Nat., serves as an Independent Director of Antler Gold Inc since November 10, 2020. Mr. Verran has been Chief Executive Officer of Fortune Bay Corp. since June 15, 2020....


Leadership Team

NamePositionTenureCompensationOwnership
Wade Dawe
Executive Chairman8.5yrsCA$111.45k14.01%
$ 1.3m
Dale Verran
Chief Executive Officer4.4yrsCA$257.85k0.21%
$ 19.5k
Sarah Oliver
Chief Financial Officer8.4yrsCA$60.23k0.54%
$ 49.0k
Gareth Garlick
Technical Directorno datano datano data

4.4yrs

Average Tenure

Experienced Management: FTBY.F's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wade Dawe
Executive Chairman8.5yrsCA$111.45k14.01%
$ 1.3m
Derrick Gill
Independent Director8.5yrsCA$9.50k0.11%
$ 10.0k
Michael Gross
Independent Director8.5yrsCA$9.50k0.99%
$ 89.8k
Robert Shaw
Independent Director4.1yrsCA$9.50k0.18%
$ 16.2k
Melinda Lee
Independent Director4.1yrsCA$9.50k0.051%
$ 4.7k

8.5yrs

Average Tenure

Experienced Board: FTBY.F's board of directors are considered experienced (8.5 years average tenure).