Gateway Mining Limited

ASX:GML Stock Report

Market Cap: AU$10.7m

Gateway Mining Management

Management criteria checks 3/4

Gateway Mining's CEO is Mark Cossom, appointed in Feb 2021, has a tenure of 3.75 years. total yearly compensation is A$321.90K, comprised of 90.1% salary and 9.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth A$36.64K. The average tenure of the management team and the board of directors is 4.3 years and 2.3 years respectively.

Key information

Mark Cossom

Chief executive officer

AU$321.9k

Total compensation

CEO salary percentage90.1%
CEO tenure3.8yrs
CEO ownership0.3%
Management average tenure4.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

We're A Little Worried About Gateway Mining's (ASX:GML) Cash Burn Rate

Oct 11
We're A Little Worried About Gateway Mining's (ASX:GML) Cash Burn Rate

Will Gateway Mining (ASX:GML) Spend Its Cash Wisely?

Jul 05
Will Gateway Mining (ASX:GML) Spend Its Cash Wisely?

Here's Why We're Not Too Worried About Gateway Mining's (ASX:GML) Cash Burn Situation

Mar 12
Here's Why We're Not Too Worried About Gateway Mining's (ASX:GML) Cash Burn Situation

CEO Compensation Analysis

How has Mark Cossom's remuneration changed compared to Gateway Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$322kAU$290k

-AU$2m

Mar 31 2024n/an/a

-AU$2m

Dec 31 2023n/an/a

-AU$2m

Sep 30 2023n/an/a

-AU$1m

Jun 30 2023AU$329kAU$290k

-AU$1m

Mar 31 2023n/an/a

-AU$1m

Dec 31 2022n/an/a

-AU$1m

Sep 30 2022n/an/a

-AU$1m

Jun 30 2022AU$411kAU$290k

-AU$1m

Mar 31 2022n/an/a

-AU$1m

Dec 31 2021n/an/a

-AU$1m

Sep 30 2021n/an/a

-AU$1m

Jun 30 2021AU$314kAU$275k

-AU$2m

Mar 31 2021n/an/a

-AU$1m

Dec 31 2020n/an/a

-AU$1m

Sep 30 2020n/an/a

-AU$1m

Jun 30 2020AU$312kAU$175k

-AU$667k

Compensation vs Market: Mark's total compensation ($USD211.39K) is about average for companies of similar size in the Australian market ($USD299.41K).

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

CEO

Mark Cossom

3.8yrs

Tenure

AU$321,900

Compensation

Mr. Mark Cossom, BSc. (Applied Geology) (Hons), MSc. (Mineral Economics), MAusIMM, served as an Independent Non-Executive Director at Strickland Metals Limited since May 10, 2021 until June 20, 2024. He se...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Langworthy
Executive Chairmanless than a yearAU$3.47k2.62%
A$ 279.9k
Mark Cossom
Managing Director3.8yrsAU$321.90k0.34%
A$ 36.6k
Kar Chua
Company Secretary6.6yrsAU$125.00k0.079%
A$ 8.4k
Stuart Stephens
Exploration Manager4.8yrsno datano data

4.3yrs

Average Tenure

Experienced Management: GML's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Langworthy
Executive Chairmanless than a yearAU$3.47k2.62%
A$ 279.9k
Peter Lester
Independent Non-Executive Director2.3yrsAU$36.00k0.18%
A$ 19.0k
Trent Franklin
Non-Executive Director11.8yrsAU$36.00k2.82%
A$ 301.6k

2.3yrs

Average Tenure

Experienced Board: GML's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.