Major Drilling Group International Management
Management criteria checks 4/4
Major Drilling Group International's CEO is Denis Larocque, appointed in Sep 2015, has a tenure of 8.58 years. total yearly compensation is CA$1.88M, comprised of 23.7% salary and 76.3% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $585.18K. The average tenure of the management team and the board of directors is 6.8 years and 4.6 years respectively.
Key information
Denis Larocque
Chief executive officer
CA$1.9m
Total compensation
| CEO salary percentage | 23.7% |
| CEO tenure | 8.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | CA$64m |
| Oct 31 2023 | n/a | n/a | CA$73m |
| Jul 31 2023 | n/a | n/a | CA$72m |
| Apr 30 2023 | CA$2m | CA$446k | CA$75m |
| Jan 31 2023 | n/a | n/a | CA$77m |
| Oct 31 2022 | n/a | n/a | CA$76m |
| Jul 31 2022 | n/a | n/a | CA$67m |
| Apr 30 2022 | CA$2m | CA$433k | CA$53m |
| Jan 31 2022 | n/a | n/a | CA$33m |
| Oct 31 2021 | n/a | n/a | CA$26m |
| Jul 31 2021 | n/a | n/a | CA$19m |
| Apr 30 2021 | CA$1m | CA$412k | CA$10m |
| Jan 31 2021 | n/a | n/a | -CA$67m |
| Oct 31 2020 | n/a | n/a | -CA$75m |
| Jul 31 2020 | n/a | n/a | -CA$75m |
| Apr 30 2020 | CA$915k | CA$400k | -CA$71m |
| Jan 31 2020 | n/a | n/a | CA$388k |
| Oct 31 2019 | n/a | n/a | -CA$6m |
| Jul 31 2019 | n/a | n/a | -CA$10m |
| Apr 30 2019 | CA$910k | CA$382k | -CA$18m |
| Jan 31 2019 | n/a | n/a | -CA$19m |
| Oct 31 2018 | n/a | n/a | -CA$12m |
| Jul 31 2018 | n/a | n/a | -CA$18m |
| Apr 30 2018 | CA$889k | CA$371k | -CA$22m |
Compensation vs Market: Denis's total compensation ($USD1.37M) is below average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Larocque (53 yo)
8.6yrs
Tenure
CA$1,879,320
Compensation
Mr. Denis Larocque has been President and Chief Executive Officer of Major Drilling Group International Inc. since September 11, 2015. Mr. Larocque joined Major Drilling Group International Inc. in 1994 an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | CA$1.88m | 0.10% CA$ 585.2k | |
| Chief Financial Officer | 5.1yrs | CA$769.95k | 0.0089% CA$ 50.7k | |
| Vice President of Human Resources & Safety | 8.4yrs | CA$811.74k | 0.038% CA$ 215.2k | |
| Vice President Technology & Logistics | 5.3yrs | no data | 0.012% CA$ 69.9k | |
| VP of Legal Affairs | 8.4yrs | no data | no data | |
| Executive Assistant | no data | no data | no data | |
| Vice President of Canadian Operations | 1.3yrs | no data | 0.028% CA$ 161.1k | |
| Vice President of US Operations | no data | no data | no data |
6.8yrs
Average Tenure
Experienced Management: MJDL.F's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.6yrs | CA$1.88m | 0.10% CA$ 585.2k | |
| Independent Director | 4.3yrs | CA$103.50k | 0.018% CA$ 104.2k | |
| Independent Director | 5.6yrs | CA$103.50k | 0.036% CA$ 206.6k | |
| Independent Director | 17.3yrs | CA$102.50k | 0.081% CA$ 462.5k | |
| Independent Director | 13.6yrs | CA$111.50k | 0.022% CA$ 126.4k | |
| Independent Director | 1.6yrs | CA$47.38k | 0.0069% CA$ 38.9k | |
| Independent Director | 3.6yrs | CA$98.50k | 0.0061% CA$ 34.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Chair | 4.6yrs | CA$154.50k | 0.012% CA$ 67.4k |
4.6yrs
Average Tenure
58yo
Average Age
Experienced Board: MJDL.F's board of directors are considered experienced (4.6 years average tenure).