Cygnus Metals Management
Management criteria checks 0/4
Cygnus Metals' CEO is David Southam, appointed in Feb 2023, has a tenure of 1.17 years. total yearly compensation is A$4.43M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth A$407.14K. The average tenure of the management team and the board of directors is 1.4 years and 1.8 years respectively.
Key information
David Southam
Chief executive officer
AU$4.4m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 1.2yrs |
| CEO ownership | 1.5% |
| Management average tenure | 1.4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Cygnus Metals (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 01
Is Cygnus Metals (ASX:CY5) In A Good Position To Deliver On Growth Plans?
Apr 10Cygnus Gold (ASX:CY5) Is In A Good Position To Deliver On Growth Plans
Aug 15Did Cygnus Gold Limited (ASX:CY5) Insiders Buy Up More Shares?
Mar 05Executive Director Lawrence Jackson Just Bought 66% More Shares In Cygnus Gold Limited (ASX:CY5)
Nov 20
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$4m | AU$422k | -AU$14m |
| Sep 30 2023 | n/a | n/a | -AU$12m |
| Jun 30 2023 | n/a | n/a | -AU$10m |
| Mar 31 2023 | n/a | n/a | -AU$6m |
| Dec 31 2022 | AU$9k | n/a | -AU$3m |
Compensation vs Market: David's total compensation ($USD2.89M) is above average for companies of similar size in the Australian market ($USD292.80K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Southam (51 yo)
1.2yrs
Tenure
AU$4,428,230
Compensation
Mr. David Clifford Southam B.comm, CPA, MAICD, is Non-Executive Director of Mitre Mining Corporation Limited from April 2024. Mr. Southam serves as Non-Executive Director at Cygnus Metals Limited (formerly...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 1.2yrs | AU$4.43m | 1.47% A$ 407.1k | |
| CFO & Joint Company Secretary | 1.2yrs | AU$415.26k | 0.19% A$ 52.2k | |
| Head of Business Development | 1.6yrs | no data | no data | |
| Chief Geologist | 2.3yrs | no data | no data | |
| Joint Company Secretary | 1.4yrs | no data | no data |
1.4yrs
Average Tenure
Experienced Management: CY5's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 1.4yrs | AU$4.43m | 1.47% A$ 407.1k | |
| Non-Executive Director | 7.6yrs | AU$55.38k | 0.40% A$ 110.4k | |
| Board Advisor | 1.6yrs | no data | no data | |
| Lead Independent Non Executive Director | less than a year | AU$251.71k | 0.13% A$ 35.6k | |
| Non-Executive Director | 1.9yrs | AU$1.65m | 5.07% A$ 1.4m | |
| Non-Executive Director | 3.8yrs | AU$255.11k | 1.51% A$ 416.9k |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Board: CY5's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.