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 $9.31M. 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

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Ammar Al-Joundi's remuneration changed compared to Agnico Eagle Mines's earnings?
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 ($USD7.76M) is above average for companies of similar size in the AR market ($USD5.74M).

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
Ammar Al-Joundi	CEO, President & Director	9.7yrs	US$7.76m	0.024% $ 9.3m
James Porter	Executive VP of Finance & Chief Financial Officer	1.6yrs	US$2.81m	0.0024% $ 935.0k
Jean Robitaille	Executive VP and Chief Strategy & Technology Officer	2.8yrs	US$2.66m	0.015% $ 5.8m
Natasha Nella Vaz	Executive VP and COO of Ontario	2.8yrs	US$2.27m	0.0017% $ 661.2k
Jean-Marie Clouet	Vice President of Investor Relations	less than a year	no data	no data
Christopher Vollmershausen	Executive VP of Legal	4.9yrs	no data	0.0022% $ 848.9k
Peter Netupsky	Vice President of Corporate Development	2.9yrs	no data	no data
Carol-Ann Plummer-Theriault	Executive Vice President of Sustainability	less than a year	no data	0.00098% $ 383.4k
Dominique Girard	Executive VP and COO of Nunavut	2.8yrs	US$3.80m	0.0057% $ 2.2m
Guy Gosselin	Executive Vice President of Exploration	5.3yrs	no data	0.0071% $ 2.8m
Mathew Cook	VP of Finance & Corporate Controller	12.8yrs	no data	no data
Ben Lam	Vice President of Treasury	4.7yrs	no data	no data

2.9yrs

Average Tenure

52yo

Average Age

Experienced Management: AEMD's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ammar Al-Joundi	CEO, President & Director	2.8yrs	US$7.76m	0.024% $ 9.3m
Sean Boyd	Chair of the Board of Directors	26.7yrs	US$6.01m	0.022% $ 8.5m
Jamie Sokalsky	Lead Independent Director	9.5yrs	US$349.97k	0.0060% $ 2.4m
Elizabeth Lewis-Gray	Independent Director	2.8yrs	US$309.97k	0.00015% $ 58.7k
John Roberts	Independent Director	16.5yrs	US$309.97k	0.0034% $ 1.3m
Peter Grosskopf	Independent Director	2.8yrs	US$324.97k	0.0025% $ 970.2k
Jeffrey Parr	Independent Vice Chair of the Board	2.8yrs	US$345.20k	0.0031% $ 1.2m
Jonathan Gill	Independent Director	2.8yrs	US$330.20k	no data
Martine Celej	Independent Director	13.8yrs	US$309.97k	0.0038% $ 1.5m
Deborah McCombe	Independent Director	10.8yrs	US$324.97k	0.0031% $ 1.2m
Leona Aglukkaq	Independent Director	3.8yrs	US$322.47k	0.00035% $ 136.9k

3.8yrs

Average Tenure

65yo

Average Age

Experienced Board: AEMD'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 15:58
End of Day Share Price	2024/12/18 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 43 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