Burgundy Diamond Mines Management
Management criteria checks 0/4
Burgundy Diamond Mines' CEO is Kim Truter, appointed in Nov 2022, has a tenure of 1.83 years. total yearly compensation is $1.29M, comprised of 24.7% salary and 75.3% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth A$52.18K. The average tenure of the management team and the board of directors is 1.8 years and 0.8 years respectively.
Key information
Kim Truter
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 24.7% |
| CEO tenure | 2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.8yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Estimating The Fair Value Of Burgundy Diamond Mines Limited (ASX:BDM)
Nov 22
The Market Doesn't Like What It Sees From Burgundy Diamond Mines Limited's (ASX:BDM) Revenues Yet
Sep 05These 4 Measures Indicate That Burgundy Diamond Mines (ASX:BDM) Is Using Debt Extensively
Apr 22Improved Revenues Required Before Burgundy Diamond Mines Limited (ASX:BDM) Shares Find Their Feet
Mar 13We Think Burgundy Diamond Mines (ASX:BDM) Has A Fair Chunk Of Debt
Oct 18Is Burgundy Diamond Mines (ASX:BDM) Using Debt Sensibly?
Jun 29Is Burgundy Diamond Mines (ASX:BDM) A Risky Investment?
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$319k | -US$1m |
| Jun 30 2023 | n/a | n/a | -US$18m |
| Mar 31 2023 | n/a | n/a | -US$15m |
| Dec 31 2022 | n/a | n/a | -US$13m |
| Sep 30 2022 | n/a | n/a | -US$12m |
| Jun 30 2022 | US$52k | n/a | -US$14m |
| Mar 31 2022 | n/a | n/a | -US$15m |
| Dec 31 2021 | n/a | n/a | -US$16m |
| Sep 30 2021 | n/a | n/a | -US$12m |
| Jun 30 2021 | US$123k | n/a | -US$9m |
Compensation vs Market: Kim's total compensation ($USD1.29M) is above average for companies of similar size in the Australian market ($USD298.55K).
Compensation vs Earnings: Kim's compensation has increased whilst the company is unprofitable.
CEO
Kim Truter
2yrs
Tenure
US$1,288,631
Compensation
Mr. Kim Truter serves as Chief Executive Officer & Director at Burgundy Diamond Mines Limited since 2023 and its Managing Director. He served as Interim Chief Executive Officer of Burgundy Diamond Mines Li...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2yrs | US$1.29m | 0.037% A$ 52.7k | |
| CFO & Company Secretary | 1.6yrs | US$426.35k | no data | |
| Vice President of Operations | less than a year | no data | no data | |
| Vice President of Technical | 1.8yrs | no data | no data | |
| Vice President of Corporate Development | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: BDM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | US$1.29m | 0.037% A$ 52.7k | |
| Independent Non-Executive Director | less than a year | US$27.58k | 0.15% A$ 210.0k | |
| Non Executive Chairman | 7.4yrs | US$37.93k | 4.78% A$ 6.8m | |
| Independent Non-Executive Director | less than a year | US$19.75k | 0.65% A$ 929.2k | |
| Independent Non-Executive Director | 4.3yrs | US$19.89k | 0.88% A$ 1.3m | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Non-Executive Director | less than a year | no data | no data |
0.8yrs
Average Tenure
66yo
Average Age
Experienced Board: BDM's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.