Legacy Iron Ore Management
Management criteria checks 3/4
Legacy Iron Ore's CEO is Rakesh Gupta, appointed in Jan 2015, has a tenure of 9.25 years. total yearly compensation is A$451.50K, comprised of 77.1% salary and 22.9% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth A$54.07K. The average tenure of the management team and the board of directors is 9.3 years and 5.1 years respectively.
Key information
Rakesh Gupta
Chief executive officer
AU$451.5k
Total compensation
| CEO salary percentage | 77.1% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 9.3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth
Aug 15
We're Not Very Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn Rate
Apr 28Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth
Jan 04We Think Legacy Iron Ore (ASX:LCY) Can Afford To Drive Business Growth
Sep 08We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn
May 04We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn
Jan 08
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | AU$1m |
| Jun 30 2023 | n/a | n/a | AU$2m |
| Mar 31 2023 | AU$452k | AU$348k | AU$2m |
| Dec 31 2022 | n/a | n/a | AU$2m |
| Sep 30 2022 | n/a | n/a | AU$2m |
| Jun 30 2022 | n/a | n/a | AU$423k |
| Mar 31 2022 | AU$290k | AU$228k | -AU$1m |
| Dec 31 2021 | n/a | n/a | -AU$926k |
| Sep 30 2021 | n/a | n/a | -AU$844k |
| Jun 30 2021 | n/a | n/a | -AU$768k |
| Mar 31 2021 | AU$299k | AU$225k | -AU$693k |
| Dec 31 2020 | n/a | n/a | -AU$747k |
| Sep 30 2020 | n/a | n/a | -AU$801k |
| Jun 30 2020 | n/a | n/a | -AU$848k |
| Mar 31 2020 | AU$270k | AU$225k | -AU$895k |
| Dec 31 2019 | n/a | n/a | -AU$892k |
| Sep 30 2019 | n/a | n/a | -AU$888k |
| Jun 30 2019 | n/a | n/a | -AU$852k |
| Mar 31 2019 | AU$227k | AU$200k | -AU$817k |
| Dec 31 2018 | n/a | n/a | -AU$837k |
| Sep 30 2018 | n/a | n/a | -AU$857k |
| Jun 30 2018 | n/a | n/a | -AU$870k |
| Mar 31 2018 | AU$254k | AU$211k | -AU$883k |
Compensation vs Market: Rakesh's total compensation ($USD294.96K) is about average for companies of similar size in the Australian market ($USD292.80K).
Compensation vs Earnings: Rakesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Rakesh Gupta
9.3yrs
Tenure
AU$451,501
Compensation
Mr. Rakesh Gupta has been Chief Executive Officer of Legacy Iron Ore Ltd. since January 22, 2015. Mr. Gupta is an experienced mining engineer with a high level of engineering and project management skills...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9.3yrs | AU$451.50k | 0.041% A$ 54.1k | |
| Finance Manager | 5.4yrs | no data | no data | |
| Company Secretary | 12.8yrs | AU$78.40k | no data |
9.3yrs
Average Tenure
Experienced Management: LCY's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.7yrs | AU$451.50k | 0.041% A$ 54.1k | |
| Independent Non-Executive Director | 9.4yrs | AU$45.00k | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Chairman | 5.1yrs | no data | no data | |
| Non-Executive Director | 1.1yrs | no data | no data |
5.1yrs
Average Tenure
Experienced Board: LCY's board of directors are considered experienced (5.1 years average tenure).