iTech Minerals Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Mike Schwarz

1.92yrs

Tenure

AU$190,595

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...


CEO Compensation Analysis

How has Mike Schwarz's remuneration changed compared to iTech Minerals's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022AU$191kAU$173k

-AU$1m

Jun 30 2021AU$28kAU$9k

-AU$89k

Compensation vs Market: Mike's total compensation ($USD135.45K) is below average for companies of similar size in the Australian market ($USD297.84K).

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


Board Members

NamePositionTenureCompensationOwnership
Michael Schwarz
MD & Director1.92yrsAU$190.60k2.25%
A$ 907.5k
Gary Ferris
Independent Non-Executive Director1.75yrsAU$21.05k0.62%
A$ 249.3k
Glenn Davis
Independent Non-Executive Chairman1.75yrsAU$42.10k0.64%
A$ 258.5k

1.8yrs

Average Tenure

Experienced Board: ITM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.