Prominence Energy Ltd

ASX:PRM Stock Report

Market Cap: AU$1.6m

Prominence Energy Management

Management criteria checks 1/4

Prominence Energy's CEO is Alex Parks, appointed in Nov 2017, has a tenure of 8.75 years. total yearly compensation is A$362.05K, comprised of 71.8% salary and 28.2% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth A$4.50K. The average tenure of the management team and the board of directors is 0.2 years and 1.9 years respectively.

Key information

Alex Parks

Chief executive officer

AU$362.1k

Total compensation

CEO salary percentage71.8%
CEO tenure7yrs
CEO ownership0.3%
Management average tenureless than a year
Board average tenure1.9yrs

Recent management updates

Recent updates

Companies Like Prominence Energy (ASX:PRM) Could Be Quite Risky

Mar 30
Companies Like Prominence Energy (ASX:PRM) Could Be Quite Risky

Trade Alert: Paul Neate At Prominence Energy NL (ASX:PRM), Has Just Spent AU$100k Buying A Small Number of Shares

Jan 29
Trade Alert: Paul Neate At Prominence Energy NL (ASX:PRM), Has Just Spent AU$100k Buying A Small Number of Shares

CEO Compensation Analysis

How has Alex Parks's remuneration changed compared to Prominence Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$362kAU$260k

-AU$8m

Mar 31 2024n/an/a

-AU$8m

Dec 31 2023n/an/a

-AU$8m

Sep 30 2023n/an/a

-AU$4m

Jun 30 2023AU$313kAU$252k

-AU$980k

Mar 31 2023n/an/a

-AU$6m

Dec 31 2022n/an/a

-AU$11m

Sep 30 2022n/an/a

-AU$11m

Jun 30 2022AU$375kAU$246k

-AU$11m

Mar 31 2022n/an/a

-AU$5m

Dec 31 2021n/an/a

-AU$153k

Sep 30 2021n/an/a

AU$526k

Jun 30 2021AU$261kAU$187k

AU$1m

Mar 31 2021n/an/a

AU$891k

Dec 31 2020n/an/a

AU$576k

Sep 30 2020n/an/a

-AU$230k

Jun 30 2020AU$323kAU$185k

-AU$1m

Mar 31 2020n/an/a

-AU$1m

Dec 31 2019n/an/a

-AU$1m

Sep 30 2019n/an/a

-AU$1m

Jun 30 2019AU$264kAU$150k

-AU$1m

Mar 31 2019n/an/a

-AU$1m

Dec 31 2018n/an/a

-AU$1m

Sep 30 2018n/an/a

-AU$935k

Jun 30 2018AU$379kAU$202k

-AU$813k

Compensation vs Market: Alex's total compensation ($USD234.99K) is about average for companies of similar size in the Australian market ($USD298.48K).

Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.

CEO

Alex Parks (49 yo)

7yrs

Tenure

AU$362,050

Compensation

Mr. Alexander Bevan Parks, also known as Alex, GAICD, MEng has been Chief Executive Officer and Managing Director of Prominence Energy NL (formerly known as Sun Resources NL) since November 02, 2017. He se...

Leadership Team

NamePositionTenureCompensationOwnership
Alexander Parks
CEO, MD & Director7yrsAU$362.05k0.29%
A$ 4.5k
Sonu Cheema
Chief Financial Officerno datano datano data
Bevan Tarratt
Executive Directorless than a yearno datano data
Jennifer Voon
Joint Company Secretaryless than a yearno datano data
Henko Vos
Joint Company Secretaryless than a yearno datano data

0.2yrs

Average Tenure

Experienced Management: PRM's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Alexander Parks
CEO, MD & Director8.8yrsAU$362.05k0.29%
A$ 4.5k
Bevan Tarratt
Executive Directorless than a yearno datano data
Ian McCubbing
Independent Non-Executive Chairman1.9yrsAU$72.15k0.75%
A$ 11.6k
Troy Hayden
Independent Non-Executive Director3.3yrsAU$58.80k0.16%
A$ 2.5k
Quinton Meyers
Independent Non-Executive Directorless than a yearno datano data

1.9yrs

Average Tenure

Experienced Board: PRM's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.