De Grey Mining Management

Management criteria checks 4/4

De Grey Mining's CEO is Glenn R. Jardine, appointed in May 2020, has a tenure of 4.33 years. total yearly compensation is A$1.23M, comprised of 48.1% salary and 51.9% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth A$1.00M. The average tenure of the management team and the board of directors is 2.6 years and 5.1 years respectively.

Key information

Glenn R. Jardine

Chief executive officer

AU$1.2m

Total compensation

CEO salary percentage	48.1%
CEO tenure	4.3yrs
CEO ownership	0.03%
Management average tenure	2.6yrs
Board average tenure	5.1yrs

Recent management updates

Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

Nov 17

Recent updates

We're Not Worried About De Grey Mining's (ASX:DEG) Cash Burn

Apr 26

Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

Nov 17

We're Hopeful That De Grey Mining (ASX:DEG) Will Use Its Cash Wisely

Jun 15

We Think De Grey Mining (ASX:DEG) Can Afford To Drive Business Growth

Feb 28

We Discuss Why De Grey Mining Limited's (ASX:DEG) CEO May Deserve A Higher Pay Packet

Nov 17

CEO Compensation Analysis

How has Glenn R. Jardine's remuneration changed compared to De Grey Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$593k	-AU$17m
Mar 31 2024	n/a	n/a	-AU$18m
Dec 31 2023	n/a	n/a	-AU$19m
Sep 30 2023	n/a	n/a	-AU$19m
Jun 30 2023	AU$1m	AU$553k	-AU$19m
Mar 31 2023	n/a	n/a	-AU$15m
Dec 31 2022	n/a	n/a	-AU$12m
Sep 30 2022	n/a	n/a	-AU$11m
Jun 30 2022	AU$839k	AU$473k	-AU$11m
Mar 31 2022	n/a	n/a	-AU$9m
Dec 31 2021	n/a	n/a	-AU$8m
Sep 30 2021	n/a	n/a	-AU$7m
Jun 30 2021	AU$809k	AU$370k	-AU$5m
Mar 31 2021	n/a	n/a	-AU$5m
Dec 31 2020	n/a	n/a	-AU$5m
Sep 30 2020	n/a	n/a	-AU$5m
Jun 30 2020	AU$358k	AU$55k	-AU$4m

Compensation vs Market: Glenn R.'s total compensation ($USD843.83K) is below average for companies of similar size in the Australian market ($USD1.58M).

Compensation vs Earnings: Glenn R.'s compensation has been consistent with company performance over the past year.

CEO

Glenn R. Jardine (61 yo)

4.3yrs

Tenure

AU$1,232,417

Compensation

Mr. Glenn R. A. Jardine, BEng, MAICD, FAusIMM, Mausimm, serves as Managing Director at De Grey Mining Limited since May 4, 2020 and its Director since May 11, 2020. He served as Chief Executive Officer of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Glenn R. Jardine	MD & Director	4.3yrs	AU$1.23m	0.031% A$ 1.0m
Peter Canterbury	Chief Financial Officer	3.6yrs	AU$751.05k	0.026% A$ 837.1k
Sarah Standish	General Counsel & Company Secretary	less than a year	AU$462.42k	no data
Peter Holmes	Project Director	1.6yrs	AU$932.62k	no data
Courtney Morgan-Evans	General Manager of Human Resources	no data	no data	no data
Philip Tornatora	General Manager of Exploration	no data	AU$571.13k	0% A$ 0
Rachel Kogiopoulos	Financial Controller	no data	no data	no data

2.6yrs

Average Tenure

Experienced Management: DEG's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Glenn R. Jardine	MD & Director	4.3yrs	AU$1.23m	0.031% A$ 1.0m
Peter Hood	Lead Independent Non-Executive Director	5.8yrs	AU$160.20k	0.14% A$ 4.4m
Andrew Beckwith	Non-Executive Director	6.9yrs	AU$511.07k	0.27% A$ 8.6m
Simon Lill	Independent Non-Executive Chairman	10.9yrs	AU$267.80k	0.59% A$ 19.0m
Paul Harvey	Independent Non-Executive Director	2.2yrs	AU$137.40k	0.013% A$ 436.8k
Emma Scotney	Independent Non-Executive Director	1.7yrs	AU$137.40k	0.017% A$ 550.1k

5.1yrs

Average Tenure

61yo

Average Age

Experienced Board: DEG's board of directors are considered experienced (5.1 years average tenure).

De Grey Mining Management

Management criteria checks 4/4

Key information

Recent management updates

De Grey Mining Limited, Annual General Meeting, Nov 19, 2024

Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

Lead Independent Non-Executive Director recently sold AU$296k worth of stock

Non-Executive Chairman recently sold AU$303k worth of stock

De Grey Mining Limited, Annual General Meeting, Nov 23, 2023

De Grey Mining Limited Announces the Executive Changes

Recent updates

De Grey Mining Limited, Annual General Meeting, Nov 19, 2024

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Forecast to breakeven in 2027

Consensus revenue estimates decrease by 51%

Novo Resources Corp. Provides an Update on Follow-Up Drill Programs At the Becher Project Which Is Part of the Egina Earn-In and Joint Venture with De Grey Mining Limited

Price target increased by 7.4% to AU$1.81

New major risk - Shareholder dilution

Consensus revenue estimates increase by 103%

New minor risk - Profitability

Price target decreased by 11% to AU$1.60

De Grey Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 600.03125 million.

We're Not Worried About De Grey Mining's (ASX:DEG) Cash Burn

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.005 loss in 1H 2023)

Should Shareholders Have Second Thoughts About A Pay Rise For De Grey Mining Limited's (ASX:DEG) CEO This Year?

Lead Independent Non-Executive Director recently sold AU$296k worth of stock

Non-Executive Chairman recently sold AU$303k worth of stock

De Grey Mining Limited, Annual General Meeting, Nov 23, 2023

Price target decreased by 7.4% to AU$1.74

New major risk - Revenue and earnings growth

Full year 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Financial position

Consensus revenue estimates increase by 53%, EPS downgraded

De Grey Mining Limited Announces the Executive Changes

Technical Director & Director recently sold AU$1.0m worth of stock

Price target decreased by 7.1% to AU$1.91

Consensus EPS estimates fall by 12%

We're Hopeful That De Grey Mining (ASX:DEG) Will Use Its Cash Wisely

Consensus revenue estimates increase by 37%, EPS downgraded

Consensus revenue estimates increase by 37%, EPS downgraded

Price target increased by 8.7% to AU$2.03

Consensus revenue estimates increase by 50%

We Think De Grey Mining (ASX:DEG) Can Afford To Drive Business Growth

First half 2023 earnings released: AU$0.005 loss per share (vs AU$0.005 loss in 1H 2022)

Lead Independent Non-Executive Director recently sold AU$605k worth of stock

De Grey Mining Limited Appoints Mr. Peter Holmes as Hemi Project Director

De Grey Mining Limited Reports an Exploration Update from RC Drilling At Withnell and Withnell South Areas

Consensus EPS estimates upgraded to AU$0.011 loss

De Grey Mining Limited Appoints Emma Scotney as an Independent Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.099999 million.

De Grey Mining Limited Provides an Exploration Update on Recent Drilling Activities Within the Greater Hemi Corridor

We Discuss Why De Grey Mining Limited's (ASX:DEG) CEO May Deserve A Higher Pay Packet

Less than half of directors are independent

Less than half of directors are independent

De Grey Mining Limited Announces Resignation of Samantha Hogg as Non-Executive Director

De Grey Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 130 million.

Price target decreased to AU$1.61

De Grey Mining Limited, Annual General Meeting, Nov 24, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to AU$1.72

De Grey Mining Limited Announces the Resignation of Eduard Eshuys from the Board

De Grey Mining Limited Announces Prefeasibility Study Outcomes - Mallina Gold Project

De Grey Mining Limited Reports Latest Resource Extension and Infill Drilling Results from the Diucon Deposit At Hemi

De Grey Appoints Paul Harvey as Non-Executive Director

Price target decreased to AU$1.79

Is De Grey Mining (ASX:DEG) In A Good Position To Invest In Growth?

De Grey Mining Limited Reports That the Mallina Gold Project Mineral Resource Estimate (Mre) Update Has Been Completed by Cube Consulting Pty Ltd

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

De Grey Mining Limited Reports the Results of Pilot Scale Metallurgical Testwork from Its Brolga Zone At Hemi

Consensus forecasts updated

Less than half of directors are independent

Consensus forecasts updated

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Will De Grey Mining (ASX:DEG) Spend Its Cash Wisely?

De Grey Mining Limited Announces Outstanding Results from Diucon Deposit at Hemi

Consensus forecasts updated

De Grey Mining Limited Reports Near Surface High Grade and Depth Extensions At Falcon

De Grey Mining Limited Announces Board Changes

Technical Director & Director recently sold AU$2.2m worth of stock

De Grey Mining Limited Reports Latest Resource Definition Results from the Diucon Deposit At Hemi