Duke Exploration Management

Management criteria checks 2/4

Duke Exploration's CEO is Philip Condon, appointed in Apr 2021, has a tenure of 1.75 years. total yearly compensation is A$335.22K, comprised of 65.2% salary and 34.8% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth A$6.01K. The average tenure of the management team and the board of directors is 1.8 years and 4 years respectively.

Key information

Philip Condon

Chief executive officer

AU$335.2k

Total compensation

CEO salary percentage65.2%
CEO tenure1.8yrs
CEO ownership0.1%
Management average tenure1.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

We're Not Very Worried About Duke Exploration's (ASX:DEX) Cash Burn Rate

Jul 28
We're Not Very Worried About Duke Exploration's (ASX:DEX) Cash Burn Rate

Companies Like Duke Exploration (ASX:DEX) Are In A Position To Invest In Growth

Feb 21
Companies Like Duke Exploration (ASX:DEX) Are In A Position To Invest In Growth

CEO Compensation Analysis

How has Philip Condon's remuneration changed compared to Duke Exploration's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022AU$335kAU$219k

-AU$2m

Mar 31 2022n/an/a

-AU$2m

Dec 31 2021n/an/a

-AU$1m

Sep 30 2021n/an/a

-AU$1m

Jun 30 2021AU$194kAU$34k

-AU$1m

Compensation vs Market: Philip's total compensation ($USD231.70K) is about average for companies of similar size in the Australian market ($USD295.83K).

Compensation vs Earnings: Philip's compensation has increased whilst the company is unprofitable.


CEO

Philip Condon (57 yo)

1.8yrs

Tenure

AU$335,220

Compensation

Mr. Philip Condon serves as the Managing Director and Director of Duke Exploration Limited since April 26, 2021. His career spans across primary, secondary, and tertiary industry, from hands on site-based...


Leadership Team

NamePositionTenureCompensationOwnership
Philip Condon
MD & Director1.8yrsAU$335.22k0.11%
A$ 6.0k
Paul Frederiks
CFO, Company Secretary & Executive Directorno dataAU$191.43k1.41%
A$ 78.7k
Philip Bentley
Operations Managerless than a yearAU$60.52kno data
Thomas Dwight
Exploration Manager2.8yrsAU$221.72k0.11%
A$ 6.1k

1.8yrs

Average Tenure

61yo

Average Age

Experienced Management: DEX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Philip Condon
MD & Director1.8yrsAU$335.22k0.11%
A$ 6.0k
Paul Frederiks
CFO, Company Secretary & Executive Director5.5yrsAU$191.43k1.41%
A$ 78.7k
Tokorangi Kapea
Independent Non-Executive Chairman5.5yrsAU$95.71k1.35%
A$ 75.7k
Ian McAleese
Independent Non-Executive Director2.6yrsAU$60.59k0.21%
A$ 11.6k

4.0yrs

Average Tenure

59yo

Average Age

Experienced Board: DEX's board of directors are considered experienced (4 years average tenure).


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