Tamboran Resources Management
Management criteria checks 2/4
Tamboran Resources' CEO is Joel Riddle, appointed in Sep 2013, has a tenure of 10.58 years. total yearly compensation is $1.43M, comprised of 39.1% salary and 60.9% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth A$728.76K. The average tenure of the management team and the board of directors is 2.7 years and 3.1 years respectively.
Key information
Joel Riddle
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 39.1% |
| CEO tenure | 10.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.7yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$28m |
| Sep 30 2023 | n/a | n/a | -US$27m |
| Jun 30 2023 | US$1m | US$560k | -US$29m |
| Mar 31 2023 | n/a | n/a | -US$22m |
| Dec 31 2022 | n/a | n/a | -US$15m |
| Sep 30 2022 | n/a | n/a | -US$11m |
| Jun 30 2022 | US$856k | US$469k | -US$7m |
| Mar 31 2022 | n/a | n/a | -US$12m |
| Dec 31 2021 | n/a | n/a | -US$15m |
| Sep 30 2021 | n/a | n/a | -US$16m |
| Jun 30 2021 | US$3m | US$469k | -US$18m |
Compensation vs Market: Joel's total compensation ($USD1.43M) is above average for companies of similar size in the Australian market ($USD625.62K).
Compensation vs Earnings: Joel's compensation has increased whilst the company is unprofitable.
CEO
Joel Riddle (49 yo)
10.6yrs
Tenure
US$1,430,163
Compensation
Mr. Joel Riddle,B. Science (Hons) Mech. Eng., MBA, serves as Director of Tamboran Resources Ltd since December 19, 2018 and has been its Chief Executive Officer since joining in September 2013. He has been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 10.6yrs | US$1.43m | 0.22% $ 728.8k | |
| Chief Financial Officer | 4.4yrs | US$831.75k | 0.16% $ 527.1k | |
| Chief Operating Officer | 2.7yrs | US$888.17k | 0.27% $ 892.8k | |
| Vice President of Investor Relations | 2.4yrs | no data | no data | |
| Company Secretary | less than a year | no data | no data |
2.7yrs
Average Tenure
Experienced Management: TBN's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.3yrs | US$1.43m | 0.22% $ 728.8k | |
| Independent Non-Executive Director | 3.1yrs | US$98.24k | 3.29% $ 10.7m | |
| Independent Chairman of the Board | 8yrs | US$146.53k | 0.31% $ 1.0m | |
| Non-Executive Director | 15.2yrs | US$98.24k | 1.43% $ 4.7m | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 8yrs | US$106.57k | 0.31% $ 994.6k | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Member of Technical Advisory Board | no data | no data | no data | |
| Independent Non-Executive Director | less than a year | US$21.83k | no data | |
| Non-Executive Director | less than a year | no data | no data |
3.1yrs
Average Tenure
57yo
Average Age
Experienced Board: TBN's board of directors are considered experienced (3.1 years average tenure).