Ionic Rare Earths Management
Management criteria checks 2/4
Ionic Rare Earths' CEO is Tim Harrison, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is A$401.68K, comprised of 97.1% salary and 2.9% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth A$321.43K. The average tenure of the management team and the board of directors is 0.3 years and 0.9 years respectively.
Key information
Tim Harrison
Chief executive officer
AU$401.7k
Total compensation
| CEO salary percentage | 97.1% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Here's Why We're Watching Ionic Rare Earths' (ASX:IXR) Cash Burn Situation
Jun 01
Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Feb 02Ionic Rare Earths (ASX:IXR) Is In A Good Position To Deliver On Growth Plans
Oct 18We're Hopeful That Ionic Rare Earths (ASX:IXR) Will Use Its Cash Wisely
Jul 01Is Ionic Rare Earths (ASX:IXR) In A Good Position To Deliver On Growth Plans?
Mar 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$19m |
| Sep 30 2023 | n/a | n/a | -AU$14m |
| Jun 30 2023 | AU$402k | AU$390k | -AU$9m |
| Mar 31 2023 | n/a | n/a | -AU$7m |
| Dec 31 2022 | n/a | n/a | -AU$5m |
| Sep 30 2022 | n/a | n/a | -AU$5m |
| Jun 30 2022 | AU$718k | AU$360k | -AU$5m |
| Mar 31 2022 | n/a | n/a | -AU$4m |
| Dec 31 2021 | n/a | n/a | -AU$4m |
| Sep 30 2021 | n/a | n/a | -AU$3m |
| Jun 30 2021 | AU$591k | AU$363k | -AU$2m |
Compensation vs Market: Tim's total compensation ($USD261.05K) is about average for companies of similar size in the Australian market ($USD290.69K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
CEO
Tim Harrison
3.8yrs
Tenure
AU$401,684
Compensation
Mr. Timothy Joseph Harrison, also known as Tim, B. Eng (Chem) Fellow AusIMM serves as Independent Non-Executive Director of Aus Asia Minerals Limited also known as Viridis Mining and Minerals Limited since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.8yrs | AU$401.68k | 0.48% A$ 321.4k | |
| Executive Chairman | less than a year | no data | 2.1% A$ 1.4m | |
| Acting CFO & Chief Development Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Company Secretary | less than a year | no data | no data |
0.3yrs
Average Tenure
Experienced Management: IXR's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.3yrs | AU$401.68k | 0.48% A$ 321.4k | |
| Executive Chairman | less than a year | no data | 2.1% A$ 1.4m | |
| Independent Non-Executive Director | 2.8yrs | AU$66.93k | no data | |
| Non-Executive Director | less than a year | AU$1.63k | 3.16% A$ 2.1m | |
| Non-Executive Director | less than a year | no data | no data |
0.9yrs
Average Tenure
Experienced Board: IXR's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.