IGO Limited

ASX:IGO Stock Report

Market Cap: AU$6.2b

IGO Management

Management criteria checks 1/4

IGO's CEO is Ivan Vella, appointed in Dec 2023, has a tenure of 2.08 years. total yearly compensation is A$3.80M, comprised of 35.5% salary and 64.5% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth A$1.83M. The average tenure of the management team and the board of directors is 1.5 years and 2.5 years respectively.

Key information

Ivan Vella

Chief executive officer

AU$3.8m

Total compensation

CEO salary percentage35.51%
CEO tenure2.1yrs
CEO ownership0.03%
Management average tenure1.5yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

IGO Limited's (ASX:IGO) Shares Bounce 27% But Its Business Still Trails The Industry

Jul 20
IGO Limited's (ASX:IGO) Shares Bounce 27% But Its Business Still Trails The Industry

IGO Limited's (ASX:IGO) Shares Bounce 27% But Its Business Still Trails The Industry

May 07
IGO Limited's (ASX:IGO) Shares Bounce 27% But Its Business Still Trails The Industry

IGO Limited's (ASX:IGO) Price Is Right But Growth Is Lacking

Jan 29
IGO Limited's (ASX:IGO) Price Is Right But Growth Is Lacking

IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

Sep 03
IGO (ASX:IGO) Is Due To Pay A Dividend Of A$0.26

IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

Aug 30
IGO Limited Just Missed EPS By 99%: Here's What Analysts Think Will Happen Next

The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

Aug 02
The IGO Limited (ASX:IGO) Analysts Have Been Trimming Their Sales Forecasts

IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Jan 30
IGO Limited's (ASX:IGO) Intrinsic Value Is Potentially 69% Above Its Share Price

Is IGO (ASX:IGO) A Risky Investment?

Nov 10
Is IGO (ASX:IGO) A Risky Investment?

Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

Oct 10
Is IGO Limited (ASX:IGO) Trading At A 36% Discount?

IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
IGO's (ASX:IGO) Shareholders Will Receive A Bigger Dividend Than Last Year

Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

Jun 17
Do IGO's (ASX:IGO) Earnings Warrant Your Attention?

An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

Jun 02
An Intrinsic Calculation For IGO Limited (ASX:IGO) Suggests It's 28% Undervalued

IGO (ASX:IGO) Has A Rock Solid Balance Sheet

Apr 18
IGO (ASX:IGO) Has A Rock Solid Balance Sheet

CEO Compensation Analysis

How has Ivan Vella's remuneration changed compared to IGO's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$4mAU$1m

-AU$955m

Mar 31 2025n/an/a

-AU$1b

Dec 31 2024n/an/a

-AU$1b

Sep 30 2024n/an/a

-AU$532m

Jun 30 2024AU$3mAU$803k

AU$3m

Compensation vs Market: Ivan's total compensation ($USD2.54M) is about average for companies of similar size in the Australian market ($USD2.26M).

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


CEO

Ivan Vella (49 yo)

2.1yrs
Tenure
AU$3,799,482
Compensation

Mr. Ivan Vella, BBus, MBus, MBA, is Chief Executive Officer, Managing Director & Executive Director at IGO Limited since December 11, 2023. He had been Chief Executive of Aluminum at Rio Tinto Group and Ri...


Leadership Team

NamePositionTenureCompensationOwnership
Ivan Vella
CEO, MD & Executive Director2.1yrsAU$3.80m0.029%
A$ 1.8m
Kathleen Bozanic
Chief Financial Officer3.3yrsAU$1.22m0.0021%
A$ 130.3k
Marie Bourgoin
Chief Operating Officerno dataAU$975.45kno data
Brett Salt
Chief Development Officer1.5yrsAU$905.12kno data
Richard Glass
Head of Corporate Affairs & Investor Relationsno datano datano data
Cameron Wilson
Acting Chief Legal Officer & Company Secretary1.3yrsno datano data
Suzanne Retallack
Chief People & Sustainability Officerless than a yearno datano data
Rebecca Gordon
Company Secretary1.5yrsno datano data
1.5yrs
Average Tenure
49yo
Average Age

Experienced Management: IGO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ivan Vella
CEO, MD & Executive Director2.1yrsAU$3.80m0.029%
A$ 1.8m
Vanessa Guthrie
Non-Executive Chair of the Boardless than a yearno data0.0025%
A$ 156.4k
Marcelo de Almeida Bastos
Independent Non-Executive Director1.5yrsAU$201.67k0.00028%
A$ 17.4k
Samantha Hogg
Independent Non-Executive Director3yrsAU$207.50k0.0027%
A$ 164.5k
Debra Bakker
Independent Non-Executive Director9.1yrsAU$210.00k0.0062%
A$ 384.1k
Tracey Arlaud
Independent Non-Executive Director3.4yrsAU$194.17k0.00041%
A$ 25.4k
2.5yrs
Average Tenure
58.5yo
Average Age

Experienced Board: IGO's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/03 19:57
End of Day Share Price 2026/01/02 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IGO Limited is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Daniel MorganBarrenjoey Markets Pty Limited
Mollie UrquhartBarrenjoey Markets Pty Limited