Metgasco Management
Management criteria checks 3/4
Metgasco's CEO is Ken Aitken, appointed in Aug 2018, has a tenure of 6.08 years. total yearly compensation is A$270.78K, comprised of 90.5% salary and 9.5% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth A$32.91K. The average tenure of the management team and the board of directors is 0.6 years and 3.2 years respectively.
Key information
Ken Aitken
Chief executive officer
AU$270.8k
Total compensation
| CEO salary percentage | 90.5% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.6% |
| Management average tenure | less than a year |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$594k |
| Sep 30 2023 | n/a | n/a | -AU$1m |
| Jun 30 2023 | AU$271k | AU$245k | -AU$2m |
| Mar 31 2023 | n/a | n/a | -AU$4m |
| Dec 31 2022 | n/a | n/a | -AU$6m |
| Sep 30 2022 | n/a | n/a | -AU$6m |
| Jun 30 2022 | AU$477k | AU$269k | -AU$6m |
| Mar 31 2022 | n/a | n/a | -AU$4m |
| Dec 31 2021 | n/a | n/a | -AU$3m |
| Sep 30 2021 | n/a | n/a | -AU$2m |
| Jun 30 2021 | AU$333k | AU$258k | -AU$1m |
| Mar 31 2021 | n/a | n/a | -AU$4m |
| Dec 31 2020 | n/a | n/a | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$7m |
| Jun 30 2020 | AU$294k | AU$225k | -AU$7m |
| Mar 31 2020 | n/a | n/a | -AU$7m |
| Dec 31 2019 | n/a | n/a | -AU$6m |
| Sep 30 2019 | n/a | n/a | -AU$10m |
| Jun 30 2019 | AU$231k | AU$170k | -AU$14m |
Compensation vs Market: Ken's total compensation ($USD186.46K) is below average for companies of similar size in the Australian market ($USD311.87K).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Aitken
6.1yrs
Tenure
AU$270,775
Compensation
Mr. Ken J. Aitken, BSc, MICD, serves as Managing Director & Director at Metgasco Limited since July 23, 2021. Mr. Aitken had been the Chief Executive Officer at Empire Oil & Gas NL since May 5, 2014 until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 6.1yrs | AU$270.78k | 0.57% A$ 32.9k | |
| Chief Financial Officer | 1.3yrs | no data | no data | |
| Joint Company Secretary | no data | no data | no data | |
| Joint Company Secretary | no data | no data | no data |
0.6yrs
Average Tenure
Experienced Management: MEL's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.2yrs | AU$270.78k | 0.57% A$ 32.9k | |
| Independent Non-Executive Director | 6.6yrs | AU$60.00k | 0.90% A$ 52.4k | |
| Chairman | less than a year | no data | no data |
3.2yrs
Average Tenure
Experienced Board: MEL's board of directors are considered experienced (3.2 years average tenure).