Cygnus Metals Management
Management criteria checks 1/4
Cygnus Metals' CEO is David Southam, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is A$4.43M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 1.5% of the company’s shares, worth A$857.76K. The average tenure of the management team and the board of directors is 2 years and 2.2 years respectively.
Key information
David Southam
Chief executive officer
AU$4.4m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 1.8yrs |
| CEO ownership | 1.5% |
| Management average tenure | 2yrs |
| Board average tenure | 2.2yrs |
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 |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -AU$8m |
| Mar 31 2024 | n/a | n/a | -AU$11m |
| 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$3m |
Compensation vs Market: David's total compensation ($USD2.86M) is above average for companies of similar size in the Australian market ($USD298.48K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Southam (52 yo)
1.8yrs
Tenure
AU$4,428,230
Compensation
Mr. David Clifford Southam B.comm, CPA, MAICD, is Non-Executive Director of Andean Silver Limited (formerly known as Mitre Mining Corporation Limited) from April 17, 2024 and serves as its Non-Executive Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 1.8yrs | AU$4.43m | 1.5% A$ 857.8k | |
| CFO & Joint Company Secretary | 1.8yrs | AU$415.26k | 0.12% A$ 66.0k | |
| Head of Business Development | 2.2yrs | no data | no data | |
| Chief Geologist | 2.8yrs | no data | no data | |
| Joint Company Secretary | 2yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Management: CY5's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 2yrs | AU$4.43m | 1.5% A$ 857.8k | |
| Non-Executive Director | 8.2yrs | AU$55.38k | 0.36% A$ 208.2k | |
| Board Advisor | 2.2yrs | no data | no data | |
| Lead Independent Non Executive Director | 1.6yrs | AU$251.71k | 0.14% A$ 79.3k | |
| Non-Executive Director | 4.4yrs | AU$255.11k | 1.52% A$ 870.1k |
2.2yrs
Average Tenure
61yo
Average Age
Experienced Board: CY5's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.