Comet Ridge Management
Management criteria checks 2/4
Comet Ridge's CEO is Tor McCaul, appointed in Apr 2009, has a tenure of 15.08 years. total yearly compensation is A$591.05K, comprised of 75.1% salary and 24.9% bonuses, including company stock and options. directly owns 0.91% of the company’s shares, worth A$1.97M. The average tenure of the management team and the board of directors is 13.2 years and 15.1 years respectively.
Key information
Tor McCaul
Chief executive officer
AU$591.1k
Total compensation
| CEO salary percentage | 75.1% |
| CEO tenure | 15.1yrs |
| CEO ownership | 0.9% |
| Management average tenure | 13.2yrs |
| Board average tenure | 15.1yrs |
Recent management updates
Recent updates
Is Comet Ridge (ASX:COI) Using Too Much Debt?
Nov 23
Is Comet Ridge (ASX:COI) Using Too Much Debt?
Mar 16We're Not Very Worried About Comet Ridge's (ASX:COI) Cash Burn Rate
Feb 02We're Hopeful That Comet Ridge (ASX:COI) Will Use Its Cash Wisely
Sep 29How Much Is Comet Ridge's (ASX:COI) CEO Getting Paid?
Dec 31
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$9m |
| Sep 30 2023 | n/a | n/a | -AU$8m |
| Jun 30 2023 | AU$591k | AU$444k | -AU$7m |
| Mar 31 2023 | n/a | n/a | -AU$8m |
| Dec 31 2022 | n/a | n/a | -AU$10m |
| Sep 30 2022 | n/a | n/a | -AU$9m |
| Jun 30 2022 | AU$532k | AU$408k | -AU$9m |
| Mar 31 2022 | n/a | n/a | -AU$8m |
| Dec 31 2021 | n/a | n/a | -AU$6m |
| Sep 30 2021 | n/a | n/a | -AU$7m |
| Jun 30 2021 | AU$451k | AU$389k | -AU$7m |
| Mar 31 2021 | n/a | n/a | -AU$9m |
| Dec 31 2020 | n/a | n/a | -AU$11m |
| Sep 30 2020 | n/a | n/a | -AU$11m |
| Jun 30 2020 | AU$433k | AU$349k | -AU$10m |
| Mar 31 2020 | n/a | n/a | -AU$7m |
| Dec 31 2019 | n/a | n/a | -AU$4m |
| Sep 30 2019 | n/a | n/a | -AU$4m |
| Jun 30 2019 | AU$408k | AU$380k | -AU$4m |
| Mar 31 2019 | n/a | n/a | -AU$4m |
| Dec 31 2018 | n/a | n/a | -AU$3m |
| Sep 30 2018 | n/a | n/a | -AU$3m |
| Jun 30 2018 | AU$542k | AU$378k | -AU$2m |
| Mar 31 2018 | n/a | n/a | -AU$3m |
| Dec 31 2017 | n/a | n/a | -AU$3m |
| Sep 30 2017 | n/a | n/a | -AU$3m |
| Jun 30 2017 | AU$380k | AU$360k | -AU$4m |
Compensation vs Market: Tor's total compensation ($USD382.51K) is above average for companies of similar size in the Australian market ($USD293.70K).
Compensation vs Earnings: Tor's compensation has increased whilst the company is unprofitable.
CEO
Tor McCaul
15.1yrs
Tenure
AU$591,052
Compensation
Mr. Tor McCaul, B.E. (Hons/Petroleum), B.Econ, MBA, has been Managing Director of Comet Ridge Limited since April 16, 2009. Mr. McCaul has extensive oil and gas experience. Mr. McCaul served as Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 15.1yrs | AU$591.05k | 0.91% A$ 2.0m | |
| Executive Director | 8.9yrs | AU$81.74k | 0.14% A$ 307.4k | |
| Chief Financial Officer | 3.8yrs | no data | no data | |
| Chief Operating Officer | 13.2yrs | AU$212.08k | no data | |
| General Manager of Exploration & Sub-Surface | no data | no data | no data | |
| Company Secretary | 15.1yrs | AU$209.53k | no data |
13.2yrs
Average Tenure
Experienced Management: COI's management team is seasoned and experienced (13.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 15.1yrs | AU$591.05k | 0.91% A$ 2.0m | |
| Executive Director | 15.1yrs | AU$81.74k | 0.14% A$ 307.4k | |
| Non-Executive Director | 20.3yrs | AU$91.83k | 0.027% A$ 57.6k | |
| Non-Executive Chairman | 15.1yrs | AU$160.45k | 3.44% A$ 7.4m | |
| Non-Executive Director | 4.6yrs | AU$89.81k | 0.094% A$ 202.4k | |
| Non-Executive Director | 5.2yrs | AU$92.84k | 0.077% A$ 165.9k |
15.1yrs
Average Tenure
56.5yo
Average Age
Experienced Board: COI's board of directors are seasoned and experienced ( 15.1 years average tenure).