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$6.75K. 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 percentage | 71.8% |
CEO tenure | 7yrs |
CEO ownership | 0.3% |
Management average tenure | less than a year |
Board average tenure | 1.9yrs |
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | AU$362k | AU$260k | -AU$8m |
Mar 31 2024 | n/a | n/a | -AU$8m |
Dec 31 2023 | n/a | n/a | -AU$8m |
Sep 30 2023 | n/a | n/a | -AU$4m |
Jun 30 2023 | AU$313k | AU$252k | -AU$980k |
Mar 31 2023 | n/a | n/a | -AU$6m |
Dec 31 2022 | n/a | n/a | -AU$11m |
Sep 30 2022 | n/a | n/a | -AU$11m |
Jun 30 2022 | AU$375k | AU$246k | -AU$11m |
Mar 31 2022 | n/a | n/a | -AU$5m |
Dec 31 2021 | n/a | n/a | -AU$153k |
Sep 30 2021 | n/a | n/a | AU$526k |
Jun 30 2021 | AU$261k | AU$187k | AU$1m |
Mar 31 2021 | n/a | n/a | AU$891k |
Dec 31 2020 | n/a | n/a | AU$576k |
Sep 30 2020 | n/a | n/a | -AU$230k |
Jun 30 2020 | AU$323k | AU$185k | -AU$1m |
Mar 31 2020 | n/a | n/a | -AU$1m |
Dec 31 2019 | n/a | n/a | -AU$1m |
Sep 30 2019 | n/a | n/a | -AU$1m |
Jun 30 2019 | AU$264k | AU$150k | -AU$1m |
Mar 31 2019 | n/a | n/a | -AU$1m |
Dec 31 2018 | n/a | n/a | -AU$1m |
Sep 30 2018 | n/a | n/a | -AU$935k |
Jun 30 2018 | AU$379k | AU$202k | -AU$813k |
Compensation vs Market: Alex's total compensation ($USD237.75K) is about average for companies of similar size in the Australian market ($USD299.41K).
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, MD & Director | 7yrs | AU$362.05k | 0.29% A$ 6.8k | |
Chief Financial Officer | no data | no data | no data | |
Executive Director | less than a year | no data | no data | |
Joint Company Secretary | less than a year | no data | no data | |
Joint Company Secretary | less than a year | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, MD & Director | 8.8yrs | AU$362.05k | 0.29% A$ 6.8k | |
Executive Director | less than a year | no data | no data | |
Independent Non-Executive Chairman | 1.9yrs | AU$72.15k | 0.75% A$ 17.4k | |
Independent Non-Executive Director | 3.3yrs | AU$58.80k | 0.16% A$ 3.8k | |
Independent Non-Executive Director | less than a year | no data | no 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.