Ultra Lithium Management
Management criteria checks 3/4
Ultra Lithium's CEO is Weiguo Lang, appointed in Jun 2015, has a tenure of 8.83 years. total yearly compensation is CA$427.79K, comprised of 35.4% salary and 64.6% bonuses, including company stock and options. directly owns 6.42% of the company’s shares, worth $224.51K. The average tenure of the management team and the board of directors is 8.8 years and 4.6 years respectively.
Key information
Weiguo Lang
Chief executive officer
CA$427.8k
Total compensation
| CEO salary percentage | 35.4% |
| CEO tenure | 8.8yrs |
| CEO ownership | 6.4% |
| Management average tenure | 8.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2023 | n/a | n/a | -CA$2m |
| Apr 30 2023 | n/a | n/a | -CA$2m |
| Jan 31 2023 | n/a | n/a | -CA$2m |
| Oct 31 2022 | CA$428k | CA$152k | -CA$2m |
| Jul 31 2022 | n/a | n/a | -CA$833k |
| Apr 30 2022 | n/a | n/a | -CA$801k |
| Jan 31 2022 | n/a | n/a | -CA$774k |
| Oct 31 2021 | CA$90k | CA$90k | -CA$743k |
| Jul 31 2021 | n/a | n/a | -CA$663k |
| Apr 30 2021 | n/a | n/a | -CA$529k |
| Jan 31 2021 | n/a | n/a | -CA$487k |
| Oct 31 2020 | CA$90k | CA$90k | -CA$469k |
| Jul 31 2020 | n/a | n/a | -CA$1m |
| Apr 30 2020 | n/a | n/a | -CA$2m |
| Jan 31 2020 | n/a | n/a | -CA$2m |
| Oct 31 2019 | CA$73k | CA$73k | -CA$2m |
| Jul 31 2019 | n/a | n/a | -CA$901k |
| Apr 30 2019 | n/a | n/a | -CA$838k |
| Jan 31 2019 | n/a | n/a | -CA$944k |
| Oct 31 2018 | CA$171k | CA$60k | -CA$519k |
| Jul 31 2018 | n/a | n/a | -CA$2m |
| Apr 30 2018 | n/a | n/a | -CA$2m |
| Jan 31 2018 | n/a | n/a | -CA$2m |
| Oct 31 2017 | CA$243k | CA$60k | -CA$2m |
Compensation vs Market: Weiguo's total compensation ($USD313.37K) is below average for companies of similar size in the US market ($USD670.12K).
Compensation vs Earnings: Weiguo's compensation has increased whilst the company is unprofitable.
CEO
Weiguo Lang (64 yo)
8.8yrs
Tenure
CA$427,790
Compensation
Dr. Weiguo Lang B.Eng., D.Eng. is Chief Executive Officer and Director at Ultra Resources Inc. (formerly known as Ultra Lithium Inc.) since June 10, 2015. He has experience in the mining, technology and ag...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.8yrs | CA$427.79k | 6.42% CA$ 224.5k | |
| CFO, Secretary & Director | 9.1yrs | CA$233.72k | 0.11% CA$ 3.9k | |
| Vice President of Exploration | 7.7yrs | CA$158.76k | no data | |
| Chief Geologist | no data | no data | no data |
8.8yrs
Average Tenure
62.5yo
Average Age
Experienced Management: ULTX.F's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 8.8yrs | CA$427.79k | 6.42% CA$ 224.5k | |
| CFO, Secretary & Director | less than a year | CA$233.72k | 0.11% CA$ 3.9k | |
| Independent Director | 8.3yrs | CA$31.84k | no data | |
| Independent Director | less than a year | no data | no data |
4.6yrs
Average Tenure
64yo
Average Age
Experienced Board: ULTX.F's board of directors are considered experienced (4.6 years average tenure).