Core Lithium Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Doug Warden

Chief executive officer

AU$683.6k

Total compensation

CEO salary percentage	17.4%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

Returns Are Gaining Momentum At Core Lithium (ASX:CXO)

Mar 02

Need To Know: Analysts Just Made A Substantial Cut To Their Core Lithium Ltd (ASX:CXO) Estimates

Jan 25

New Forecasts: Here's What Analysts Think The Future Holds For Core Lithium Ltd (ASX:CXO)

Oct 06

An Intrinsic Calculation For Core Lithium Ltd (ASX:CXO) Suggests It's 34% Undervalued

Feb 24

Core Lithium Ltd (ASX:CXO) Shares Could Be 32% Above Their Intrinsic Value Estimate

Nov 08

Core Lithium (ASX:CXO) Is In A Good Position To Deliver On Growth Plans

Feb 24

We're Hopeful That Core Lithium (ASX:CXO) Will Use Its Cash Wisely

Nov 05

We're Keeping An Eye On Core Lithium's (ASX:CXO) Cash Burn Rate

Jul 22

CEO Compensation Analysis

How has Doug Warden's remuneration changed compared to Core Lithium's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$148m
Sep 30 2023	n/a	n/a	-AU$68m
Jun 30 2023	AU$684k	AU$119k	AU$11m

Compensation vs Market: Doug's total compensation ($USD438.44K) is below average for companies of similar size in the Australian market ($USD631.88K).

Compensation vs Earnings: Insufficient data to compare Doug's compensation with company performance.

CEO

Doug Warden

less than a year

Tenure

AU$683,619

Compensation

Mr. Douglas Warden, also known as Doug, BCom, CA, MBA, GAICD has been Interim Chief Executive Officer at Core Lithium Ltd. since March 18, 2024 and served as its Chief Financial Officer from April 17, 2023...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Douglas Warden	Interim Chief Executive Officer	less than a year	AU$683.62k	no data
Mike Stone	Chief Operations Officer	1.3yrs	AU$715.22k	no data
Jaroslaw Kopias	Company Secretary	12.8yrs	AU$139.36k	no data
James Virgo	Interim Chief Financial Officer	less than a year	no data	no data
Paul Benjamin	Executive General Manager of Commercial & Marketing	less than a year	no data	no data
Samantha Rees	Executive General Manager of People & Culture	1.4yrs	no data	no data
Melissa Winks	Executive General Manager of Sustainability	1.3yrs	no data	no data
Pierre Malan	Executive General Manager of Development & Exploration	less than a year	no data	no data
Natalie Worley	Investor Relations	no data	no data	no data

1.0yrs

Average Tenure

Experienced Management: CXO's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Malcolm McComas	Independent Non-Executive Director	4.5yrs	AU$110.00k	0.17% A$ 521.3k
Heath Hellewell	Non-Executive Independent Director	9.6yrs	AU$110.00k	0.24% A$ 710.5k
Gregory English	Independent Non-Executive Chairman	13.6yrs	AU$199.44k	0.45% A$ 1.3m

9.6yrs

Average Tenure

Experienced Board: CXO's board of directors are considered experienced (9.6 years average tenure).

Core Lithium Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Core Lithium Ltd, Annual General Meeting, Nov 24, 2023

Core Lithium Ltd Appoint Executives

Core Lithium Ltd Appoints Andrea Hall as Non-Executive Director

Independent Non-Executive Chairman exercised options to buy AU$3.0m worth of stock.

Independent Non-Executive Chairman recently sold AU$733k worth of stock

Recent updates

Consensus EPS estimates fall by 40%

Price target decreased by 15% to AU$0.12

Insufficient new directors

New major risk - Financial position

Returns Are Gaining Momentum At Core Lithium (ASX:CXO)

New major risk - Revenue and earnings growth

Need To Know: Analysts Just Made A Substantial Cut To Their Core Lithium Ltd (ASX:CXO) Estimates

Price target decreased by 11% to AU$0.21

Consensus EPS estimates fall by 24%

Core Lithium Ltd to Report Q2, 2024 Results on Jan 24, 2024

Consensus EPS estimates fall by 23%, revenue upgraded

Consensus EPS estimates fall by 24%

Price target decreased by 13% to AU$0.33

Consensus EPS estimates fall by 14%

Price target decreased by 7.5% to AU$0.40

Consensus revenue estimates decrease by 15%

Core Lithium Ltd to Report Q1, 2024 Results on Oct 27, 2023

Price target decreased by 11% to AU$0.43

Consensus EPS estimates fall by 11%

New minor risk - Share price stability

New Forecasts: Here's What Analysts Think The Future Holds For Core Lithium Ltd (ASX:CXO)

Why Core Lithium's (ASX:CXO) Healthy Earnings Aren’t As Good As They Seem

Core Lithium Ltd Provides Production and Sales Guidance for the Year Ended 30 June 2024

Core Lithium Ltd, Annual General Meeting, Nov 24, 2023

Is Core Lithium (ASX:CXO) In A Good Position To Invest In Growth?

Price target decreased by 8.2% to AU$0.58

Now 21% undervalued after recent price drop

Core Lithium Ltd Appoint Executives

Forecast breakeven date pushed back to 2024

Calculating The Fair Value Of Core Lithium Ltd (ASX:CXO)

Core Lithium Ltd Appoints Andrea Hall as Non-Executive Director

Forecast breakeven date pushed back to 2024

Forecast breakeven date moved forward to 2023

Independent Non-Executive Chairman exercised options to buy AU$3.0m worth of stock.

Forecast breakeven date pushed back to 2024

Forecast breakeven date moved forward to 2023

Independent Non-Executive Chairman recently sold AU$733k worth of stock

An Intrinsic Calculation For Core Lithium Ltd (ASX:CXO) Suggests It's 34% Undervalued

Core Lithium Ltd Announces Executive Changes, effective 17 April 2023

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Core Lithium Ltd Appoints Andrew Forman as Interim Chief Financial Officer, From February

Non-Executive Independent Director exercised options to buy AU$5.2m worth of stock.

Independent Non-Executive Chairman recently sold AU$311k worth of stock

Core Lithium Ltd Announces Finniss Project Exploration Results

Price target decreased to AU$1.28

Independent Non-Executive Chairman recently sold AU$1.0m worth of stock

Insufficient new directors

Simon Iacopetta Steps Down as Chief Financial Officer of Core Lithium Ltd

Core Lithium Announces Resignation of Blair Duncan as Chief Operating Officer

Core Lithium Announces Resignation of Blair Duncan as Chief Operating Officer

Core Lithium Ltd (ASX:CXO) Shares Could Be 32% Above Their Intrinsic Value Estimate

Forecast to breakeven in 2023

Insufficient new directors

Core Lithium Ltd Announces Resignation of Stephen Biggins as Managing Director

Core Lithium Ltd, Annual General Meeting, Nov 24, 2022

Core Lithium Ltd. Provides Exploration Activities Update

Core Lithium Ltd Announces the Appointment of Gareth Manderson as Chief Executive Officer

Core Lithium Ltd Provides an Update on BP33 Deposit, Part of the Finniss Lithium Project

Core Lithium Ltd Announces Significant Increases in the Mineral Resource Estimate and Ore Reserve Estimate for its Wholly Owned Finniss Lithium Project Near Darwin in the Northern Territory

Core Lithium Ltd Provides an Update on the Latest Development Activities at its Finniss Lithium Project Near Darwin in the Northern Territory

Core Lithium Ltd. Announces Finniss Project Development Update

MD & Director recently sold AU$8.3m worth of stock

Core Lithium Ltd Announces Final 2021 Lithium Drilling Assays Received

Core Lithium Ltd Receives Environmental Approval

Price target increased to AU$1.00

Forecast breakeven date pushed back to 2023

Core Lithium Ltd Provides an Exploration and Drilling Update from the Finniss Lithium Project

Core Lithium Ltd Provides an Update on Exploration Activities and Results from the Finniss Lithium Project Near Darwin in the Northern Territory