Maple Gold Mines Management
Management criteria checks 2/4
Maple Gold Mines' CEO is Kiran Patankar, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is CA$355.32K, comprised of 49.4% salary and 50.6% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $38.26K. The average tenure of the management team and the board of directors is 0.8 years and 5.3 years respectively.
Key information
Kiran Patankar
Chief executive officer
CA$355.3k
Total compensation
| CEO salary percentage | 49.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO 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$9m |
| Jun 30 2023 | n/a | n/a | -CA$11m |
| Mar 31 2023 | n/a | n/a | -CA$11m |
| Dec 31 2022 | CA$355k | CA$176k | -CA$10m |
| Sep 30 2022 | n/a | n/a | -CA$9m |
| Jun 30 2022 | n/a | n/a | -CA$8m |
| Mar 31 2022 | n/a | n/a | -CA$7m |
| Dec 31 2021 | CA$284k | CA$129k | -CA$6m |
Compensation vs Market: Kiran's total compensation ($USD258.25K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Kiran's compensation has increased whilst the company is unprofitable.
CEO
Kiran Patankar (46 yo)
less than a year
Tenure
CA$355,316
Compensation
Mr. Kiran U. Patankar served as Interim President & CEO of Maple Gold Mines Ltd. since August 29, 2023 until November 2023 & serves as it's President & CEO since November 2023 . He had been Chief Financial...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | less than a year | CA$355.32k | 0.24% CA$ 38.3k | |
| Vice President of Compliance & Corporate Secretary | 2.6yrs | CA$204.72k | 0.11% CA$ 17.0k | |
| Corporate Controller & Interim CFO | less than a year | no data | 0.13% CA$ 20.6k | |
| Chief Geologist | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: MGML.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.9yrs | CA$35.83k | 0.13% CA$ 21.3k | |
| Independent Director | 6.8yrs | CA$20.00k | 0.30% CA$ 48.9k | |
| Independent Director | 8yrs | CA$99.50k | 0.21% CA$ 34.3k | |
| Independent Non-Executive Chairperson | 3.5yrs | CA$43.69k | 0.14% CA$ 23.0k |
5.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: MGML.F's board of directors are considered experienced (5.3 years average tenure).