Agnico Eagle Mines Management
Management criteria checks 3/4
Agnico Eagle Mines' CEO is Ammar Al-Joundi, appointed in Apr 2015, has a tenure of 9.67 years. total yearly compensation is $7.76M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth ARS9.52B. The average tenure of the management team and the board of directors is 2.9 years and 3.8 years respectively.
Key information
Ammar Al-Joundi
Chief executive officer
US$7.8m
Total compensation
| CEO salary percentage | 12.4% |
| CEO tenure | 9.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$620m |
| Mar 31 2024 | n/a | n/a | US$472m |
| Dec 31 2023 | US$8m | US$963k | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$8m | US$956k | US$670m |
| Sep 30 2022 | n/a | n/a | US$578m |
| Jun 30 2022 | n/a | n/a | US$630m |
| Mar 31 2022 | n/a | n/a | US$536m |
| Dec 31 2021 | US$7m | US$758k | US$562m |
| Sep 30 2021 | n/a | n/a | US$666m |
| Jun 30 2021 | n/a | n/a | US$770m |
| Mar 31 2021 | n/a | n/a | US$678m |
| Dec 31 2020 | US$5m | US$621k | US$512m |
| Sep 30 2020 | n/a | n/a | US$638m |
| Jun 30 2020 | n/a | n/a | US$492m |
| Mar 31 2020 | n/a | n/a | US$415m |
| Dec 31 2019 | US$4m | US$678k | US$473m |
| Sep 30 2019 | n/a | n/a | -US$252m |
| Jun 30 2019 | n/a | n/a | -US$312m |
| Mar 31 2019 | n/a | n/a | -US$335m |
| Dec 31 2018 | US$5m | US$695k | -US$327m |
| Sep 30 2018 | n/a | n/a | US$104m |
| Jun 30 2018 | n/a | n/a | US$160m |
| Mar 31 2018 | n/a | n/a | US$210m |
| Dec 31 2017 | US$5m | US$655k | US$241m |
Compensation vs Market: Ammar's total compensation ($USD7.76M) is above average for companies of similar size in the AR market ($USD5.71M).
Compensation vs Earnings: Ammar's compensation has been consistent with company performance over the past year.
CEO
Ammar Al-Joundi (60 yo)
9.7yrs
Tenure
US$7,755,236
Compensation
Mr. Ammar Al-Joundi, MBA, is Independent Director at Canadian Imperial Bank of Commerce from April 07, 2022. Mr. Al-Joundi is Director of CIBC INC. (Ontario, Canada) from 2022.He joined Canadian Imperial...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 9.7yrs | US$7.76m | 0.024% ARS 9.5b | |
| Executive VP of Finance & Chief Financial Officer | 1.6yrs | US$2.81m | 0.0024% ARS 955.8m | |
| Executive VP and Chief Strategy & Technology Officer | 2.8yrs | US$2.66m | 0.015% ARS 6.0b | |
| Executive VP and COO of Ontario | 2.8yrs | US$2.27m | 0.0017% ARS 675.8m | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Executive VP of Legal | 4.9yrs | no data | 0.0022% ARS 867.8m | |
| Vice President of Corporate Development | 2.9yrs | no data | no data | |
| Executive Vice President of Sustainability | less than a year | no data | 0.00098% ARS 391.9m | |
| Executive VP and COO of Nunavut | 2.8yrs | US$3.80m | 0.0057% ARS 2.3b | |
| Executive Vice President of Exploration | 5.3yrs | no data | 0.0071% ARS 2.8b | |
| VP of Finance & Corporate Controller | 12.8yrs | no data | no data | |
| Vice President of Treasury | 4.7yrs | no data | no data |
2.9yrs
Average Tenure
52yo
Average Age
Experienced Management: AEM's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 2.8yrs | US$7.76m | 0.024% ARS 9.5b | |
| Chair of the Board of Directors | 26.7yrs | US$6.01m | 0.022% ARS 8.7b | |
| Lead Independent Director | 9.5yrs | US$349.97k | 0.0060% ARS 2.4b | |
| Independent Director | 2.8yrs | US$309.97k | 0.00015% ARS 60.0m | |
| Independent Director | 16.5yrs | US$309.97k | 0.0034% ARS 1.3b | |
| Independent Director | 2.8yrs | US$324.97k | 0.0025% ARS 991.8m | |
| Independent Vice Chair of the Board | 2.8yrs | US$345.20k | 0.0031% ARS 1.3b | |
| Independent Director | 2.8yrs | US$330.20k | no data | |
| Independent Director | 13.8yrs | US$309.97k | 0.0038% ARS 1.5b | |
| Independent Director | 10.8yrs | US$324.97k | 0.0031% ARS 1.2b | |
| Independent Director | 3.8yrs | US$322.47k | 0.00035% ARS 140.0m |
3.8yrs
Average Tenure
65yo
Average Age
Experienced Board: AEM's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 18:48 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Agnico Eagle Mines Limited is covered by 44 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Farooq Hamed | Barclays |
| Clarence Powell | BMO Capital Markets Equity Research |