Orezone Gold Management
Management criteria checks 4/4
Orezone Gold's CEO is Paddy Downey, appointed in May 2017, has a tenure of 13.08 years. total yearly compensation is $1.03M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 1.85% of the company’s shares, worth $4.24M. The average tenure of the management team and the board of directors is 6.6 years and 5.9 years respectively.
Key information
Paddy Downey
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 30.8% |
| CEO tenure | 7yrs |
| CEO ownership | 1.8% |
| Management average tenure | 6.6yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$43m |
| Sep 30 2023 | n/a | n/a | US$43m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$1m | US$318k | US$930k |
| Sep 30 2022 | n/a | n/a | -US$7m |
| Jun 30 2022 | n/a | n/a | -US$15m |
| Mar 31 2022 | n/a | n/a | -US$21m |
| Dec 31 2021 | US$1m | US$340k | -US$19m |
| Sep 30 2021 | n/a | n/a | -US$19m |
| Jun 30 2021 | n/a | n/a | -US$15m |
| Mar 31 2021 | n/a | n/a | -US$14m |
| Dec 31 2020 | US$610k | US$212k | -US$18m |
| Sep 30 2020 | n/a | n/a | -US$19m |
| Jun 30 2020 | n/a | n/a | -US$20m |
| Mar 31 2020 | n/a | n/a | -US$23m |
| Dec 31 2019 | US$378k | US$231k | -US$21m |
| Sep 30 2019 | n/a | n/a | -US$20m |
| Jun 30 2019 | n/a | n/a | -US$17m |
| Mar 31 2019 | n/a | n/a | -US$16m |
| Dec 31 2018 | US$378k | US$220k | -US$15m |
| Sep 30 2018 | n/a | n/a | -US$12m |
| Jun 30 2018 | n/a | n/a | -US$10m |
| Mar 31 2018 | n/a | n/a | -US$10m |
| Dec 31 2017 | US$880k | US$199k | -US$9m |
Compensation vs Market: Paddy's total compensation ($USD1.03M) is below average for companies of similar size in the US market ($USD1.63M).
Compensation vs Earnings: Paddy's compensation has been consistent with company performance over the past year.
CEO
Paddy Downey (63 yo)
7yrs
Tenure
US$1,032,273
Compensation
Mr. Patrick G. Downey, also known as Paddy, P.Eng, serves as Director at Fireweed Metals Corp. since September 2023. He is President and Chief Executive Officer at Orezone Gold Corporation since May 22, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$1.03m | 1.85% $ 4.2m | |
| Executive VP & CFO | 6.2yrs | US$690.64k | 0.29% $ 664.9k | |
| Senior VP & General Counsel | 5.2yrs | US$486.03k | 0.21% $ 481.4k | |
| Senior Vice President of Exploration | 15.3yrs | US$404.78k | 0.80% $ 1.8m | |
| Vice President of Corporate Development & Investor Relation | no data | no data | 0.019% $ 42.7k |
6.6yrs
Average Tenure
Experienced Management: ORZC.F's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 13.1yrs | US$1.03m | 1.85% $ 4.2m | |
| Independent Director | 9.6yrs | US$134.01k | 0.19% $ 436.2k | |
| Independent Director | 6.8yrs | US$132.90k | 0.14% $ 323.1k | |
| Independent Chairman of the Board | 15.3yrs | US$163.33k | 1.28% $ 2.9m | |
| Independent Director | 1.9yrs | US$118.12k | 0.030% $ 69.6k | |
| Director | less than a year | no data | 0.027% $ 62.1k | |
| Independent Director | 5.9yrs | US$136.67k | 0.093% $ 214.4k | |
| Director | less than a year | no data | 0.0077% $ 17.7k | |
| Independent Director | 5.9yrs | US$131.13k | 0.25% $ 580.0k |
5.9yrs
Average Tenure
63yo
Average Age
Experienced Board: ORZC.F's board of directors are considered experienced (5.9 years average tenure).