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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2022 | AU$191k | AU$173k | -AU$1m |
| Jun 30 2021 | AU$28k | AU$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.92yrs | AU$190.60k | 2.25% A$ 907.5k | |
| Independent Non-Executive Director | 1.75yrs | AU$21.05k | 0.62% A$ 249.3k | |
| Independent Non-Executive Chairman | 1.75yrs | AU$42.10k | 0.64% A$ 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.