AIC Mines Management

Management criteria checks 1/4

AIC Mines' CEO is Aaron Colleran, appointed in Feb 2019, has a tenure of 5.17 years. total yearly compensation is A$1.24M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 2.38% of the company’s shares, worth A$4.40M. The average tenure of the management team and the board of directors is 1.9 years and 5 years respectively.

Key information

Aaron Colleran

Chief executive officer

AU$1.2m

Total compensation

CEO salary percentage28.7%
CEO tenure5.2yrs
CEO ownership2.4%
Management average tenure1.9yrs
Board average tenure5yrs

Recent management updates

Recent updates

AIC Mines Limited (ASX:A1M) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Apr 09
AIC Mines Limited (ASX:A1M) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Is AIC Mines Limited (ASX:A1M) Trading At A 40% Discount?

Mar 21
Is AIC Mines Limited (ASX:A1M) Trading At A 40% Discount?

Revenues Working Against AIC Mines Limited's (ASX:A1M) Share Price

Nov 14
Revenues Working Against AIC Mines Limited's (ASX:A1M) Share Price

Is AIC Mines (ASX:A1M) Using Debt Sensibly?

Oct 10
Is AIC Mines (ASX:A1M) Using Debt Sensibly?

Is AIC Mines Limited (ASX:A1M) Worth AU$0.4 Based On Its Intrinsic Value?

May 15
Is AIC Mines Limited (ASX:A1M) Worth AU$0.4 Based On Its Intrinsic Value?

Are Investors Undervaluing AIC Mines Limited (ASX:A1M) By 39%?

Nov 12
Are Investors Undervaluing AIC Mines Limited (ASX:A1M) By 39%?

Returns At AIC Mines (ASX:A1M) Are On The Way Up

Jun 09
Returns At AIC Mines (ASX:A1M) Are On The Way Up

We Don’t Think AIC Mines' (ASX:A1M) Earnings Should Make Shareholders Too Comfortable

Mar 07
We Don’t Think AIC Mines' (ASX:A1M) Earnings Should Make Shareholders Too Comfortable

We Think AIC Mines (ASX:A1M) Can Afford To Drive Business Growth

Feb 24
We Think AIC Mines (ASX:A1M) Can Afford To Drive Business Growth

Will AIC Mines (ASX:A1M) Spend Its Cash Wisely?

Nov 05
Will AIC Mines (ASX:A1M) Spend Its Cash Wisely?

Who Has Been Buying AIC Mines Limited (ASX:A1M) Shares?

Mar 05
Who Has Been Buying AIC Mines Limited (ASX:A1M) Shares?

Have Insiders Been Buying AIC Mines Limited (ASX:A1M) Shares This Year?

Nov 20
Have Insiders Been Buying AIC Mines Limited (ASX:A1M) Shares This Year?

CEO Compensation Analysis

How has Aaron Colleran's remuneration changed compared to AIC Mines's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$2m

Sep 30 2023n/an/a

-AU$2m

Jun 30 2023AU$1mAU$355k

-AU$6m

Jun 30 2022AU$804kAU$238k

AU$42m

Dec 31 2021AU$691kAU$277k

AU$2m

Sep 30 2021n/an/a

-AU$1m

Jun 30 2021n/an/a

-AU$4m

Mar 31 2021n/an/a

-AU$6m

Dec 31 2020AU$358kAU$249k

-AU$7m

Sep 30 2020n/an/a

-AU$9m

Jun 30 2020n/an/a

-AU$12m

Mar 31 2020n/an/a

-AU$10m

Dec 31 2019AU$814kAU$161k

-AU$8m

Compensation vs Market: Aaron's total compensation ($USD801.97K) is above average for companies of similar size in the Australian market ($USD290.88K).

Compensation vs Earnings: Aaron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Aaron Colleran (52 yo)

5.2yrs

Tenure

AU$1,236,952

Compensation

Mr. Aaron Mark Colleran, B.Eng (Geology), B.Com. (Finance), MAICD serves as Non-Executive Director at Demetallica Limited since November 28, 2022. He serves as Managing Director and Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Aaron Colleran
MD, CEO & Director5.2yrsAU$1.24m2.38%
A$ 4.4m
Michael Frame
Chief Financial Officer2.3yrsAU$525.49kno data
Matthew Fallon
Chief Development Officerno dataAU$522.99kno data
Tim Benfield
Chief Operating Officerless than a yearno datano data
Audrey Ferguson
General Counsel & Company Secretary1.5yrsno datano data

1.9yrs

Average Tenure

Experienced Management: A1M's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Aaron Colleran
MD, CEO & Director5yrsAU$1.24m2.38%
A$ 4.4m
Jonathan Young
Non-Executive Director2.4yrsAU$52.80k0.18%
A$ 327.6k
Josef El-Raghy
Non-Executive Chairman5yrsAU$74.20kno data
Brett Montgomery
Independent Non-Executive Director5yrsAU$66.48k0.0054%
A$ 10.0k
Linda Hale
Non-Executive Director1.2yrsAU$137.13kno data

5.0yrs

Average Tenure

52yo

Average Age

Experienced Board: A1M's board of directors are considered experienced (5 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.