Great Western Exploration Limited

ASX:GTE Stock Report

Market Cap: AU$12.9m

Great Western Exploration Management

Management criteria checks 3/4

Great Western Exploration's CEO is Shane Pike, appointed in Apr 2022, has a tenure of 2.17 years. total yearly compensation is A$543.46K, comprised of 57% salary and 43% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth A$23.12K. The average tenure of the management team and the board of directors is 4 years and 4 years respectively.

Key information

Shane Pike

Chief executive officer

AU$543.5k

Total compensation

CEO salary percentage57.0%
CEO tenure2.2yrs
CEO ownership0.2%
Management average tenure4yrs
Board average tenure4yrs

Recent management updates

Recent updates

We're Not Very Worried About Great Western Exploration's (ASX:GTE) Cash Burn Rate

Sep 27
We're Not Very Worried About Great Western Exploration's (ASX:GTE) Cash Burn Rate

Great Western Exploration (ASX:GTE) Shareholders Received A Total Return Of Negative 45% In The Last Three Years

Jan 29
Great Western Exploration (ASX:GTE) Shareholders Received A Total Return Of Negative 45% In The Last Three Years

CEO Compensation Analysis

How has Shane Pike's remuneration changed compared to Great Western Exploration's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$7m

Sep 30 2023n/an/a

-AU$6m

Jun 30 2023AU$543kAU$310k

-AU$6m

Mar 31 2023n/an/a

-AU$3m

Dec 31 2022n/an/a

-AU$508k

Sep 30 2022n/an/a

-AU$553k

Jun 30 2022AU$119kAU$58k

-AU$599k

Compensation vs Market: Shane's total compensation ($USD362.01K) is about average for companies of similar size in the Australian market ($USD298.88K).

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


CEO

Shane Pike

2.2yrs

Tenure

AU$543,456

Compensation

Mr. Shane Pike is the Managing Director, Chief Executive Officer of Great Western Exploration Limited since April 19, 2022 and serves as its Director since April 19, 2022. He is the Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Shane Pike
MD, CEO & Director2.2yrsAU$543.46k0.18%
A$ 23.1k
Jordan Luckett
Technical Director & Geology Manager4.3yrsAU$43.74k1.22%
A$ 156.8k
Anthony Walsh
Company Secretary4yrsno datano data

4.0yrs

Average Tenure

Experienced Management: GTE's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shane Pike
MD, CEO & Director2.2yrsAU$543.46k0.18%
A$ 23.1k
Kevin Somes
Independent Non-Executive Chairman10.7yrsno data2.75%
A$ 354.4k
Grey Egerton-Warburton
Non-Executive Director4yrsno data11.09%
A$ 1.4m
Ross Williams
Non-Executive Director4yrsno data0.0054%
A$ 700.5

4.0yrs

Average Tenure

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


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