Tantalex Lithium Resources Management
Management criteria checks 3/4
Tantalex Lithium Resources' CEO is Eric Allard, appointed in Nov 2020, has a tenure of 4.58 years. total yearly compensation is CA$236.14K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.46% of the company’s shares, worth $125.51K. The average tenure of the management team and the board of directors is 4 years and 4.3 years respectively.
Key information
Eric Allard
Chief executive officer
CA$236.1k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 4yrs |
| CEO ownership | 1.5% |
| Management average tenure | 4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -CA$13m |
| May 31 2024 | n/a | n/a | -CA$14m |
| Feb 29 2024 | CA$236k | CA$236k | -CA$16m |
| Nov 30 2023 | n/a | n/a | -CA$11m |
| Aug 31 2023 | n/a | n/a | -CA$11m |
| May 31 2023 | n/a | n/a | -CA$8m |
| Feb 28 2023 | CA$147k | CA$147k | -CA$8m |
| Nov 30 2022 | n/a | n/a | -CA$16m |
| Aug 31 2022 | n/a | n/a | -CA$19m |
| May 31 2022 | n/a | n/a | -CA$20m |
| Feb 28 2022 | CA$84k | CA$84k | -CA$15m |
| Nov 30 2021 | n/a | n/a | -CA$14m |
| Aug 31 2021 | n/a | n/a | -CA$4m |
| May 31 2021 | n/a | n/a | -CA$4m |
| Feb 28 2021 | CA$84k | CA$84k | -CA$5m |
| Nov 30 2020 | n/a | n/a | -CA$4m |
| Aug 31 2020 | n/a | n/a | -CA$3m |
| May 31 2020 | n/a | n/a | -CA$4m |
| Feb 29 2020 | n/a | n/a | -CA$3m |
Compensation vs Market: Eric's total compensation ($USD168.94K) is below average for companies of similar size in the US market ($USD650.80K).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Allard (51 yo)
4yrs
Tenure
CA$236,140
Compensation
Mr. Eric Allard, P.Eng. & P.Geo., served as an Independent Director at Horwood Exploration Corp. since April 27, 2022 until March 21, 2024 and serves as its Interim Chief Executive Officer, President and D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4yrs | CA$236.14k | 1.46% $ 125.5k | |
| Chief Financial Officer | 9.7yrs | CA$121.50k | no data | |
| Director & Special Advisor of DRC Government Liaison Affairs | 3.8yrs | CA$81.41k | no data | |
| Head of Exploration | 4yrs | no data | no data | |
| ESG Manager | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Vice President of Africa | no data | CA$116.67k | no data |
4.0yrs
Average Tenure
51yo
Average Age
Experienced Management: TTLX.F's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.6yrs | CA$236.14k | 1.46% $ 125.5k | |
| Director & Special Advisor of DRC Government Liaison Affairs | 3.8yrs | CA$81.41k | no data | |
| Member of Advisory Board | 7.2yrs | no data | no data | |
| Independent Director | 2.5yrs | no data | 13.94% $ 1.2m | |
| Independent Director | 8.2yrs | no data | no data | |
| Chairman of the Board | 4yrs | CA$189.08k | no data | |
| no data | no data | no data | ||
| no data | no data | no data |
4.3yrs
Average Tenure
51yo
Average Age
Experienced Board: TTLX.F's board of directors are considered experienced (4.3 years average tenure).