Torq Resources Management
Management criteria checks 3/4
Torq Resources' CEO is Shawn Wallace, appointed in Jun 2022, has a tenure of 1.83 years. total yearly compensation is CA$419.75K, comprised of 72.6% salary and 27.4% bonuses, including company stock and options. directly owns 4.67% of the company’s shares, worth $479.40K. The average tenure of the management team and the board of directors is 2.9 years and 4.9 years respectively.
Key information
Shawn Wallace
Chief executive officer
CA$419.7k
Total compensation
| CEO salary percentage | 72.6% |
| CEO tenure | 1.8yrs |
| CEO ownership | 4.7% |
| Management average tenure | 2.9yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$19m |
| Sep 30 2023 | n/a | n/a | -CA$19m |
| Jun 30 2023 | n/a | n/a | -CA$18m |
| Mar 31 2023 | n/a | n/a | -CA$14m |
| Dec 31 2022 | CA$420k | CA$305k | -CA$12m |
| Sep 30 2022 | n/a | n/a | -CA$10m |
| Jun 30 2022 | n/a | n/a | -CA$9m |
| Mar 31 2022 | n/a | n/a | -CA$8m |
| Dec 31 2021 | CA$265k | CA$265k | -CA$6m |
| Sep 30 2021 | n/a | n/a | -CA$5m |
| Jun 30 2021 | n/a | n/a | -CA$4m |
| Mar 31 2021 | n/a | n/a | -CA$3m |
| Dec 31 2020 | CA$119k | CA$119k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$2m |
| Mar 31 2020 | n/a | n/a | -CA$2m |
| Dec 31 2019 | CA$90k | CA$90k | -CA$2m |
| Sep 30 2019 | n/a | n/a | -CA$2m |
| Jun 30 2019 | n/a | n/a | -CA$4m |
| Mar 31 2019 | n/a | n/a | -CA$4m |
| Dec 31 2018 | CA$45k | CA$45k | -CA$5m |
| Sep 30 2018 | n/a | n/a | -CA$6m |
| Jun 30 2018 | n/a | n/a | -CA$5m |
| Mar 31 2018 | n/a | n/a | -CA$5m |
| Dec 31 2017 | CA$308k | n/a | -CA$4m |
Compensation vs Market: Shawn's total compensation ($USD307.22K) is below average for companies of similar size in the US market ($USD670.12K).
Compensation vs Earnings: Shawn's compensation has increased whilst the company is unprofitable.
CEO
Shawn Wallace (53 yo)
1.8yrs
Tenure
CA$419,749
Compensation
Mr. Shawn Kristen Wallace served as Director at Coppernico Metals Inc. until January 2024 and served as its Chairman of the Board until January 2024. He serves as the Chief Executive Officer of Torq Resour...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.8yrs | CA$419.75k | 4.67% CA$ 479.4k | |
| General Manager of Chile & Director | less than a year | CA$262.49k | no data | |
| Vice President of Communications | no data | no data | 0.011% CA$ 1.2k | |
| Vice President of Exploration | 12.8yrs | no data | no data | |
| Corporate Secretary | 3.9yrs | no data | no data |
2.9yrs
Average Tenure
49.5yo
Average Age
Experienced Management: TRBM.F's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 12.9yrs | CA$419.75k | 4.67% CA$ 479.4k | |
| General Manager of Chile & Director | less than a year | CA$262.49k | no data | |
| Lead Independent Director | 12.7yrs | CA$27.50k | 1.09% CA$ 111.8k | |
| Independent Director | 2.7yrs | CA$15.00k | 0.10% CA$ 10.3k | |
| Director | 7.1yrs | CA$160.26k | 5.01% CA$ 514.5k | |
| Independent Director | 2.4yrs | CA$15.00k | 0.031% CA$ 3.2k |
4.9yrs
Average Tenure
Experienced Board: TRBM.F's board of directors are considered experienced (4.9 years average tenure).