iTech Minerals Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mike Schwarz

Chief executive officer

AU$254.3k

Total compensation

CEO salary percentage89.0%
CEO tenure3.2yrs
CEO ownership2.2%
Management average tenureno data
Board average tenure3yrs

Recent management updates

Recent updates

We're Hopeful That iTech Minerals (ASX:ITM) Will Use Its Cash Wisely

Mar 30
We're Hopeful That iTech Minerals (ASX:ITM) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About iTech Minerals' (ASX:ITM) Cash Burn Situation

Dec 15
Here's Why We're Not Too Worried About iTech Minerals' (ASX:ITM) Cash Burn Situation

We're Hopeful That iTech Minerals (ASX:ITM) Will Use Its Cash Wisely

Aug 25
We're Hopeful That iTech Minerals (ASX:ITM) Will Use Its Cash Wisely

We Think iTech Minerals (ASX:ITM) Can Easily Afford To Drive Business Growth

Jan 21
We Think iTech Minerals (ASX:ITM) Can Easily Afford To Drive Business Growth

CEO Compensation Analysis

How has Mike Schwarz's remuneration changed compared to iTech Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$899k

Sep 30 2023n/an/a

-AU$905k

Jun 30 2023AU$254kAU$226k

-AU$911k

Mar 31 2023n/an/a

-AU$948k

Dec 31 2022n/an/a

-AU$985k

Sep 30 2022n/an/a

-AU$1m

Jun 30 2022AU$191kAU$173k

-AU$1m

Jun 30 2021AU$28kAU$9k

-AU$89k

Compensation vs Market: Mike's total compensation ($USD163.73K) is below average for companies of similar size in the Australian market ($USD289.12K).

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


CEO

Mike Schwarz

3.2yrs

Tenure

AU$254,310

Compensation

Mr. Michael Peter Schwarz, FAusIMM, AIG, is Managing Director and Director at iTech Minerals Ltd since February 24, 2021. He was Managing Director and Director of Northern Cobalt Limited (now, Resolution M...


Board Members

NamePositionTenureCompensationOwnership
Michael Schwarz
MD & Director3.2yrsAU$254.31k2.25%
A$ 203.5k
Gary Ferris
Independent Non-Executive Director3yrsAU$30.00k0.62%
A$ 55.9k
Glenn Davis
Independent Non-Executive Chairman3yrsAU$60.00k0.64%
A$ 58.0k

3.0yrs

Average Tenure

Experienced Board: ITM's board of directors are considered experienced (3 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.