Velocity Minerals Ltd.

OTCPK:VLCJ.F Stock Report

Market Cap: US$23.9m

Velocity Minerals Management

Management criteria checks 4/4

Velocity Minerals' CEO is Keith Henderson, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is CA$362.11K, comprised of 69.9% salary and 30.1% bonuses, including company stock and options. directly owns 3.81% of the company’s shares, worth $908.99K. The average tenure of the management team and the board of directors is 3 years and 7.3 years respectively.

Key information

Keith Henderson

Chief executive officer

CA$362.1k

Total compensation

CEO salary percentage69.9%
CEO tenure7.3yrs
CEO ownership3.8%
Management average tenure3yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Keith Henderson's remuneration changed compared to Velocity Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$2m

Mar 31 2024n/an/a

-CA$2m

Dec 31 2023CA$362kCA$253k

-CA$2m

Sep 30 2023n/an/a

-CA$2m

Jun 30 2023n/an/a

-CA$2m

Mar 31 2023n/an/a

-CA$2m

Dec 31 2022CA$385kCA$305k

-CA$3m

Sep 30 2022n/an/a

-CA$3m

Jun 30 2022n/an/a

-CA$3m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$359kCA$300k

-CA$2m

Sep 30 2021n/an/a

-CA$2m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$334kCA$285k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$364kCA$250k

-CA$3m

Sep 30 2019n/an/a

-CA$3m

Jun 30 2019n/an/a

-CA$3m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018CA$173kCA$150k

-CA$2m

Sep 30 2018n/an/a

-CA$2m

Jun 30 2018n/an/a

-CA$9m

Mar 31 2018n/an/a

-CA$9m

Dec 31 2017CA$452kCA$150k

-CA$9m

Compensation vs Market: Keith's total compensation ($USD259.06K) is below average for companies of similar size in the US market ($USD649.07K).

Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.


CEO

Keith Henderson (53 yo)

7.3yrs

Tenure

CA$362,106

Compensation

Mr. Keith J. Henderson, P.Geo., M.Sc., has been the Chief Executive Officer and President at Latin Metals Inc. (formerly Centenera Mining Corporation) since June 18, 2015. Mr. Henderson has been the Presid...


Leadership Team

NamePositionTenureCompensationOwnership
Keith Henderson
President7.3yrsCA$362.11k3.81%
$ 909.0k
Daniel Marinov
VP of Operations & Director4.3yrsCA$316.03k0.051%
$ 12.1k
Michael Hoffman
Advisor1.4yrsCA$24.30kno data
Dani Palahanova
Chief Financial Officerless than a yearno datano data
Joyce Musial
Vice President of Corporate Communications3.4yrsno datano data
Stuart Mills
Director of Geology3yrsCA$205.08kno data
Marla Ritchie
Corporate Secretaryno datano datano data
Steven Dean
Advisor2.7yrsno datano data

3.0yrs

Average Tenure

62.5yo

Average Age

Experienced Management: VLCJ.F's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Keith Henderson
President7.3yrsCA$362.11k3.81%
$ 909.0k
Daniel Marinov
VP of Operations & Director7.3yrsCA$316.03k0.051%
$ 12.1k
Mark Cruise
Independent Director7.3yrsCA$46.60k0.025%
$ 6.0k
Gerrie van der Westhuizen
Director1.9yrsCA$23.77kno data
Michelle Roth
Independent Director1.1yrsCA$27.30kno data

7.3yrs

Average Tenure

53yo

Average Age

Experienced Board: VLCJ.F's board of directors are considered experienced (7.3 years average tenure).