People: Northgate Minerals Corporation (NXG)
2.67USD
9 Feb 2010
$0.21 (+8.54%)
$2.67
--
$2.67
$2.50
3,547,889
3,508,848
$3.59
$0.94
Stowe, Kenneth
Brief Biography
Kenneth G. Stowe serves as Director, President and Chief Executive Officer of Northgate Minerals Corp. Mr. Stowe received BSc and MSc degrees in Mining Engineering from Queen’s University in Kingston, Ontario. He spent the first 21 years of his career at Noranda in various operational, R&D and corporate roles. In 1995, Ken joined Diamond Fields Resources as Vice President, Technology with responsibility for the feasibility study of the Voisey’s Bay nickel-copper deposit. Upon the acquisition of Voisey’s Bay by Inco, Ken joined Westmin Resources (subsequently acquired by Boliden) as Vice President, Operations. After the successful startup of the Lomas Bayas copper mine in Chile, he moved on to Northgate to take on the significant challenge of re-launching the company as an operating company through the turnaround of the recently commissioned but floundering Kemess South copper-gold mine. Kemess South is now one of the lowest cost gold mines in the world. During his tenure, Northgate’s market capitalization has increased by 40 times to over $1 billion.
Basic Compensation
| Total Annual Compensation, CAD | Long-Term Incentive Plans, CAD | All Other, CAD | Fiscal Year Total, CAD |
|---|---|---|---|
| 812,000 | -- | 237,765 | 1,049,760 |
Options Compensation
| Quantity | Market Value | |
|---|---|---|
| Excercisable | 1,120,000 | 1,253,800.00 |
| Unexercisable | 555,000 | 197,200.00 |
| Excercised | 100,000 | 126,000.00 |
| Name | Fiscal Year Total |
|---|---|
| Lyons, Terrence | -- |
| Stowe, Kenneth | 1,049,760 |
| Douglas, Jon | 451,250 |
| MacPhail, Peter | 512,598 |
| Lee, Eugene | -- |
| Howorth, Matthew | -- |





