Oroco Resource Management
Management criteria checks 3/4
Oroco Resource's CEO is Richard Lock, appointed in Apr 2022, has a tenure of 2.08 years. total yearly compensation is CA$217.82K, comprised of 97.2% salary and 2.8% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth $43.87K. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.
Key information
Richard Lock
Chief executive officer
CA$217.8k
Total compensation
CEO salary percentage | 97.2% |
CEO tenure | 2.1yrs |
CEO ownership | 0.04% |
Management average tenure | 4.2yrs |
Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Feb 29 2024 | n/a | n/a | -CA$3m |
Nov 30 2023 | n/a | n/a | -CA$3m |
Aug 31 2023 | n/a | n/a | -CA$4m |
May 31 2023 | CA$218k | CA$212k | -CA$5m |
Feb 28 2023 | n/a | n/a | -CA$7m |
Nov 30 2022 | n/a | n/a | -CA$7m |
Aug 31 2022 | n/a | n/a | -CA$7m |
May 31 2022 | CA$33k | CA$32k | -CA$8m |
Compensation vs Market: Richard's total compensation ($USD159.22K) is below average for companies of similar size in the US market ($USD674.55K).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
CEO
Richard Lock
2.1yrs
Tenure
CA$217,815
Compensation
Mr. Richard Philip Lock, P. Eng, served as Senior Vice President and Project Director at Poly Met Mining, Inc. since joining in January 2020. Mr. Richard Philip Lock, P. Eng, has been Independent Director...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.8yrs | CA$115.00k | 7.56% CA$ 7.6m | |
CEO & Director | 2.1yrs | CA$217.82k | 0.044% CA$ 43.9k | |
President & Director | 4.2yrs | CA$174.00k | 0.38% CA$ 377.2k | |
CFO & Director | 14.4yrs | CA$78.00k | 0.020% CA$ 19.7k | |
Corporate Secretary | 17.8yrs | CA$134.66k | 4.21% CA$ 4.2m |
4.2yrs
Average Tenure
Experienced Management: ORRC.F's management team is considered experienced (4.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.8yrs | CA$115.00k | 7.56% CA$ 7.6m | |
CEO & Director | 2.1yrs | CA$217.82k | 0.044% CA$ 43.9k | |
President & Director | 4.3yrs | CA$174.00k | 0.38% CA$ 377.2k | |
CFO & Director | 3.4yrs | CA$78.00k | 0.020% CA$ 19.7k | |
Independent Director | 3.8yrs | CA$19.00k | no data | |
Independent Director | 17.5yrs | CA$6.00k | 0.59% CA$ 597.8k | |
Independent Director | 16.5yrs | CA$11.00k | 0.16% CA$ 157.4k |
4.3yrs
Average Tenure
67yo
Average Age
Experienced Board: ORRC.F's board of directors are considered experienced (4.3 years average tenure).