LifeSpeak Management
Management criteria checks 3/4
LifeSpeak's CEO is Michael Held, appointed in Jan 2004, has a tenure of 20.67 years. total yearly compensation is CA$580.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 17.56% of the company’s shares, worth $3.61M. The average tenure of the management team and the board of directors is 1.3 years and 3.3 years respectively.
Key information
Michael Held
Chief executive officer
CA$580.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 20.7yrs |
| CEO ownership | 17.6% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$24m |
| Mar 31 2024 | n/a | n/a | -CA$28m |
| Dec 31 2023 | CA$580k | CA$580k | -CA$26m |
| Sep 30 2023 | n/a | n/a | -CA$33m |
| Jun 30 2023 | n/a | n/a | -CA$32m |
| Mar 31 2023 | n/a | n/a | -CA$32m |
| Dec 31 2022 | CA$989k | CA$540k | -CA$48m |
| Sep 30 2022 | n/a | n/a | -CA$30m |
| Jun 30 2022 | n/a | n/a | -CA$49m |
| Mar 31 2022 | n/a | n/a | -CA$43m |
| Dec 31 2021 | CA$7m | CA$520k | -CA$26m |
Compensation vs Market: Michael's total compensation ($USD429.50K) is below average for companies of similar size in the US market ($USD677.23K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Held (52 yo)
20.7yrs
Tenure
CA$580,000
Compensation
Mr. Michael Held serves as CEO, Founder & Director at EnCompass Education Solutions, Inc. since 2023. He serves as President and Chief Executive Officer at LifeSpeak Inc. He founded LifeSpeak Inc in 2004 a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman | 10.8yrs | CA$477.50k | 9.62% CA$ 2.0m | |
| Founder | 20.7yrs | CA$580.00k | 17.56% CA$ 3.6m | |
| COO & Market Advisory Chair | 1.3yrs | CA$344.08k | 0.66% CA$ 136.6k | |
| Chief Strategy Officer | no data | CA$563.35k | 0.83% CA$ 170.3k | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief Product Officer | 3.2yrs | no data | 0.25% CA$ 51.4k |
1.3yrs
Average Tenure
52yo
Average Age
Experienced Management: LSPK.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman | 10.8yrs | CA$477.50k | 9.62% CA$ 2.0m | |
| Founder | 20.4yrs | CA$580.00k | 17.56% CA$ 3.6m | |
| COO & Market Advisory Chair | 1.3yrs | CA$344.08k | 0.66% CA$ 136.6k | |
| Independent Director | 1.3yrs | CA$28.86k | 0.14% CA$ 29.5k | |
| Independent Director | 3.3yrs | CA$55.00k | 0.0085% CA$ 1.7k | |
| Independent Lead Director | 3.3yrs | CA$55.00k | 0.011% CA$ 2.3k | |
| Independent Director | 4yrs | CA$45.00k | 0.16% CA$ 32.5k | |
| Independent Director | 3.3yrs | CA$45.00k | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Board: LSPK.F's board of directors are considered experienced (3.3 years average tenure).