Prospect Ridge Resources Management
Management criteria checks 2/4
Prospect Ridge Resources' CEO is Mike Iverson, appointed in Aug 2021, has a tenure of 3.25 years. total yearly compensation is CA$200.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth $17.83K. The average tenure of the management team and the board of directors is 1.8 years and 2.6 years respectively.
Key information
Mike Iverson
Chief executive officer
CA$200.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| May 31 2024 | n/a | n/a | -CA$2m |
| Feb 29 2024 | n/a | n/a | -CA$2m |
| Nov 30 2023 | n/a | n/a | -CA$2m |
| Aug 31 2023 | CA$200k | CA$200k | -CA$2m |
| May 31 2023 | n/a | n/a | -CA$3m |
| Feb 28 2023 | n/a | n/a | -CA$3m |
| Nov 30 2022 | n/a | n/a | -CA$4m |
| Aug 31 2022 | CA$200k | CA$200k | -CA$4m |
Compensation vs Market: Mike's total compensation ($USD142.61K) is below average for companies of similar size in the US market ($USD646.00K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Iverson (72 yo)
3.3yrs
Tenure
CA$200,000
Compensation
Mr. Michael Alexander Iverson, also known as Mike, serves as Chief Executive Officer & Director at Prospect Ridge Resources Corp. since August 26, 2021. He is Founder of Pathfinder Ventures Inc. He has bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | CA$200.00k | 0.67% $ 17.8k | |
| President & Director | 1.8yrs | CA$200.00k | 0.98% $ 26.2k | |
| CFO & Corporate Secretary | 1.8yrs | CA$40.00k | 0.033% $ 891.3 |
1.8yrs
Average Tenure
Experienced Management: PRRS.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.3yrs | CA$200.00k | 0.67% $ 17.8k | |
| President & Director | 1.7yrs | CA$200.00k | 0.98% $ 26.2k | |
| Chairman of the Board | less than a year | no data | 0.53% $ 14.2k | |
| Independent Director | 4.2yrs | CA$12.00k | no data | |
| Director | 1.7yrs | no data | 0.11% $ 2.8k | |
| Director | 2.6yrs | CA$12.00k | 0.52% $ 13.8k | |
| Independent Director | 2.8yrs | CA$12.00k | no data |
2.6yrs
Average Tenure
63yo
Average Age
Experienced Board: PRRS.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.