Atlas Salt Management

Management criteria checks 2/4

Atlas Salt's CEO is Rick LaBelle, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is CA$166.67K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth $443.57K. The average tenure of the management team and the board of directors is 1.2 years and 4.5 years respectively.

Key information

Rick LaBelle

Chief executive officer

CA$166.7k

Total compensation

CEO salary percentage100.0%
CEO tenure1.3yrs
CEO ownership1.0%
Management average tenure1.2yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rick LaBelle's remuneration changed compared to Atlas Salt's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$3m

Mar 31 2024n/an/a

-CA$5m

Dec 31 2023CA$167kCA$167k

-CA$5m

Compensation vs Market: Rick's total compensation ($USD119.24K) is below average for companies of similar size in the US market ($USD652.28K).

Compensation vs Earnings: Insufficient data to compare Rick's compensation with company performance.


CEO

Rick LaBelle (59 yo)

1.3yrs

Tenure

CA$166,667

Compensation

Mr. Richard LaBelle, also known as Rick, serves as CEO at Atlas Salt Inc. from July 26, 2023 and Director since August 04, 2023 and serves as its President since April 2024. He served as the President and...


Leadership Team

NamePositionTenureCompensationOwnership
Richard LaBelle
CEO, President & Director1.3yrsCA$166.67k1.04%
$ 443.6k
Alasdair Federico
CFO & Vice President of Corporate Affairsless than a yearno datano data
Robert Booth
VP of Engineering & Construction1.2yrsno datano data

1.2yrs

Average Tenure

Experienced Management: REMR.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard LaBelle
CEO, President & Director1.3yrsCA$166.67k1.04%
$ 443.6k
Fraser Edison
Independent Director5yrsCA$10.00kno data
Patrick Laracy
Chairman13.4yrsCA$279.44k4.58%
$ 2.0m
Marc Boissonneault
Independent Directorless than a yearno datano data
Frederick Noel
Independent Director12.4yrsCA$13.60k1.39%
$ 591.4k
Timothy Howe
Director4yrsCA$185.00k0.16%
$ 66.5k

4.5yrs

Average Tenure

62yo

Average Age

Experienced Board: REMR.F's board of directors are considered experienced (4.5 years average tenure).