Ero Copper Management

Management criteria checks 3/4

Ero Copper's El consejero delegado es David Strang , nombrado en May 2016, tiene un mandato de 7.58 años. la remuneración anual total es $2.51M , compuesta por 23.9% salario y 76.1% primas, incluidas acciones y opciones de la empresa. posee directamente 4.67% de las acciones de la empresa, por valor de $64.23M . La antigüedad media del equipo directivo y del consejo de administración es de 4.7 años y 7.4 años respectivamente.

Key information

David Strang

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage	20.6%
CEO tenure	7.9yrs
CEO ownership	4.4%
Management average tenure	5yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

Ero Copper: Exposure To Copper Production, But High Overhead Costs Are A Deterrent

Dec 06

Ero Copper GAAP EPS of $0.04, revenue of $85.9M

Nov 01

Ero Copper: Downward Momentum Dampens Excitement Over Growth

Sep 27

Ero Copper GAAP EPS of $0.27, revenue of $114.9M misses by $5.64M

Aug 02

Ero Copper: I Prefer The 8.85% Bonds Over The Equity

Jun 08

CEO Compensation Analysis

How has David Strang's remuneration changed compared to Ero Copper's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$640k	US$93m
Sep 30 2023	n/a	n/a	US$78m
Jun 30 2023	n/a	n/a	US$80m
Mar 31 2023	n/a	n/a	US$74m
Dec 31 2022	US$3m	US$600k	US$102m
Sep 30 2022	n/a	n/a	US$139m
Jun 30 2022	n/a	n/a	US$162m
Mar 31 2022	n/a	n/a	US$221m
Dec 31 2021	US$2m	US$550k	US$201m
Sep 30 2021	n/a	n/a	US$207m
Jun 30 2021	n/a	n/a	US$212m
Mar 31 2021	n/a	n/a	US$136m
Dec 31 2020	US$2m	US$536k	US$52m
Sep 30 2020	n/a	n/a	US$31m
Jun 30 2020	n/a	n/a	US$16m
Mar 31 2020	n/a	n/a	US$24m
Dec 31 2019	US$2m	US$525k	US$92m
Sep 30 2019	n/a	n/a	US$58m
Jun 30 2019	n/a	n/a	US$47m
Mar 31 2019	n/a	n/a	US$14m
Dec 31 2018	US$2m	US$400k	-US$3m
Sep 30 2018	n/a	n/a	US$1m
Jun 30 2018	n/a	n/a	US$15m
Mar 31 2018	n/a	n/a	US$24m
Dec 31 2017	US$2m	US$400k	US$22m

Compensación vs. Mercado: David($USD2.51M) está por debajo de la media de empresas de tamaño similar en el mercado US ($USD5.11M).

Compensación vs. Ingresos: Davidha aumentado más de un 20%, mientras que los beneficios de la empresa han caído más de un 20% en el último año.

CEO

David Strang (55 yo)

7.9yrs

Tenure

US$3,101,910

Compensation

Mr. David Maxwell Strang serves as the Chief Executive Officer and Director of Ero Copper Corp. since May 16, 2016 and served as its President since May 16, 2016 until January 4, 2021. He is Co-Managing Pa...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Strang	CEO & Director	7.9yrs	US$3.10m	4.43% $ 95.2m
Makko DeFilippo	President & COO	3.3yrs	US$2.46m	0.062% $ 1.3m
Wayne Drier	Chief Financial Officer	7.1yrs	US$1.45m	0.22% $ 4.6m
Deepk Hundal	Senior VP	6.8yrs	US$1.23m	0.023% $ 502.1k
Michel Richard	Chief Geological Officer	7.3yrs	US$1.45m	1.96% $ 42.1m
Courtney R. Lynn	Senior Vice President of Corporate Development	3.1yrs	no data	0.0034% $ 73.5k
Eduardo de Come	Chief Executive Officer of Ero Brazil	2.3yrs	no data	no data
Emilio Sarno	Vice President of Asset Management	less than a year	no data	no data

5.0yrs

Average Tenure

55yo

Average Age

Equipo directivo experimentado: EROEl equipo directivo de la empresa es veterano y experimentado (5 años de antigüedad media).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Strang	CEO & Director	7.9yrs	US$3.10m	4.43% $ 95.2m
Robert Hinman Getz	Independent Director	5.8yrs	US$224.14k	0.13% $ 2.7m
Steven Busby	Independent Director	7.8yrs	US$206.69k	0.32% $ 7.0m
John Wright	Independent Lead Director	7.8yrs	US$262.14k	0.61% $ 13.1m
Jill Angevine	Independent Director	1.7yrs	US$222.97k	0.019% $ 418.3k
Chantal Gosselin	Independent Director	4.7yrs	US$221.39k	0.0099% $ 212.8k
Sally Eyre	Independent Director	4.7yrs	US$221.39k	no data
Christopher Dunn	Chairman of the Board	7.9yrs	US$552.14k	2% $ 43.0m
Lyle Braaten	Independent Director	7.8yrs	US$207.14k	0.33% $ 7.0m
Matthew Wubs	Independent Director	7.8yrs	US$139.84k	0.57% $ 12.3m
Faheem Tejani	Independent Director	less than a year	US$321.78k	0.019% $ 418.3k

7.8yrs

Average Tenure

55yo

Average Age

Junta con experiencia: La junta directiva de ERO se considera experimentada (7.4 años de antigüedad promedio).

Ero Copper Management

Management criteria checks 3/4

Key information

Recent management updates

Ero Copper Corp., Annual General Meeting, Apr 24, 2024

Director recently bought US$247k worth of stock

Ero Copper Corp. Announces Changes to the Board of Directors

Independent Director recently sold US$277k worth of stock

Ero Copper Corp., Annual General Meeting, Apr 26, 2023

Ero Copper Corp. Announces Retirement of Noel Dunn as Executive Chairman

Recent updates

Investor sentiment improves as stock rises 15%

Ero Copper Corp. Provides Production Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$0.99 (vs US$1.12 in FY 2022)

Ero Copper Corp. Provides Production Guidance for Fiscal Year 2024 and Fiscal Year 2025

Ero Copper Corp., Annual General Meeting, Apr 24, 2024

Ero Copper Corp. to Report Q4, 2023 Results on Mar 07, 2024

Ero Copper: Wait For Better Entries In This Growing Player (Rating Downgrade)

Ero Copper Corp. Provides Construction Update for the Tucum Project

Director recently bought US$247k worth of stock

Ero Copper Corp. has completed a Follow-on Equity Offering in the amount of $105.0985 million.

Ero Copper: The Returns Could Be Staggering If Gold Soars (Rating Upgrade)

Ero Copper Corp. has filed a Follow-on Equity Offering in the amount of $105.0985 million.

Ero Copper Corp. has filed a Follow-on Equity Offering in the amount of $105.0985 million.

Third quarter 2023 earnings released: EPS: US$0.027 (vs US$0.041 in 3Q 2022)

Ero Copper Corp. Announces Changes to the Board of Directors

Ero Copper Corp. Provides an Update on the Excellent Progress Being Made At the Company's Tucumã Project

Ero Copper Corp. to Report Q3, 2023 Results on Nov 02, 2023

Ero Copper: Red Hot But Expensive [Rating Downgrade]

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.32 (vs US$0.26 in 2Q 2022)

Ero Copper Corp. Reaffirms Production Guidance for the Year 2023

Ero Copper Corp. to Report Q2, 2023 Results on Aug 03, 2023

Investor sentiment improves as stock rises 16%

Ero Copper Announces Update on Nickel Sulphide Exploration Program — Intercepts 11.2 Meters Grading 1.86% Nickel, including 5.0 Meters Grading 3.71% Nickel

Ero Copper: Strong Prospects But Shares May Become Cheaper

Independent Director recently sold US$277k worth of stock

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.58 in 1Q 2022)

Ero Copper Corp. Provides Production Guidance for the Year 2023

Full year 2022 earnings released: EPS: US$1.12 (vs US$2.27 in FY 2021)

Investor sentiment improves as stock rises 21%

Ero Copper: Battery Mineral Upside But Lula Risk Prevails

Ero Copper Corp., Annual General Meeting, Apr 26, 2023

Ero Copper Corp. to Report Q4, 2022 Results on Mar 07, 2023

Ero Copper Corp. Announces Retirement of Noel Dunn as Executive Chairman

Ero Copper ups existing credit facility limit to $150M

Investor sentiment improved over the past week

Ero Copper: Exposure To Copper Production, But High Overhead Costs Are A Deterrent

Insufficient new directors

Investor sentiment improved over the past week

Ero Copper Corp. Announces Update of Compliant Mineral Reserves and Resources Along with A Life-Of-Mine Production Plan for Caraíba Operations

Third quarter 2022 earnings released: EPS: US$0.041 (vs US$0.29 in 3Q 2021)

Ero Copper Corp. Provides Production Guidance for the Year 2022

Ero Copper GAAP EPS of $0.04, revenue of $85.9M

Ero Copper Corp. to Report Q3, 2022 Results on Nov 01, 2022

Investor sentiment improved over the past week

Ero Copper Corp. Announces the Discovery of Regional Nickel Sulphide System Within the Curaçá Valley over an Initial Strike Length of Five Kilometers

Ero Copper: Downward Momentum Dampens Excitement Over Growth

Insufficient new directors

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$0.26 (vs US$0.94 in 2Q 2021)

Ero Copper Corp. Reaffirms Production Guidance for the Year 2022

Ero Copper GAAP EPS of $0.27, revenue of $114.9M misses by $5.64M

Ero Copper Corp. Appoints Jill Angevine to the Board of Directors, Effective on August 1, 2022

Investor sentiment improved over the past week

Ero Copper Corp. to Report Q2, 2022 Results on Aug 02, 2022

Investor sentiment deteriorated over the past week

Ero Copper: I Prefer The 8.85% Bonds Over The Equity

Investor sentiment improved over the past week

Independent Lead Director recently bought US$64k worth of stock

First quarter 2022 earnings released: EPS: US$0.58 (vs US$0.36 in 1Q 2021)

Ero Copper Corp. Provides Production Guidance for the Year 2022

Ero Copper Corp. to Report Q1, 2022 Results on May 09, 2022

Ero Copper Corp. Reiterates Production Guidance for the Year 2022

Ero Copper Corp., Annual General Meeting, Apr 27, 2022

Ero Copper Corp. to Report Q4, 2021 Results on Mar 08, 2022

Ero Copper Reports Two Separate Fatal Incidents at its Operations

Ero Copper Corp. Provides Production Guidance for the Year 2022

Ero Copper Corp Announces Updated Mineral Reserves and Resources for the MCSA Mining Complex and the NX Gold Mine