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 9.92 years. total yearly compensation is A$397.21K, comprised of 80.3% salary and 19.7% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth A$36.48K. The average tenure of the management team and the board of directors is 9.9 years and 1.8 years respectively.

Key information

Rakesh Gupta

Chief executive officer

AU$397.2k

Total compensation

CEO salary percentage80.3%
CEO tenure9.9yrs
CEO ownership0.04%
Management average tenure9.9yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Benign Growth For Legacy Iron Ore Limited (ASX:LCY) Underpins Its Share Price

Nov 22
Benign Growth For Legacy Iron Ore Limited (ASX:LCY) Underpins Its Share Price

Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

Aug 15
Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

We're Not Very Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn Rate

Apr 28
We're Not Very Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn Rate

Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

Jan 04
Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth

We Think Legacy Iron Ore (ASX:LCY) Can Afford To Drive Business Growth

Sep 08
We Think Legacy Iron Ore (ASX:LCY) Can Afford To Drive Business Growth

We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

May 04
We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

Jan 08
We're Not Worried About Legacy Iron Ore's (ASX:LCY) Cash Burn

CEO Compensation Analysis

How has Rakesh Gupta's remuneration changed compared to Legacy Iron Ore's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-AU$28m

Jun 30 2024n/an/a

-AU$19m

Mar 31 2024AU$397kAU$319k

-AU$10m

Dec 31 2023n/an/a

-AU$4m

Sep 30 2023n/an/a

AU$1m

Jun 30 2023n/an/a

AU$2m

Mar 31 2023AU$452kAU$348k

AU$2m

Dec 31 2022n/an/a

AU$2m

Sep 30 2022n/an/a

AU$2m

Jun 30 2022n/an/a

AU$423k

Mar 31 2022AU$290kAU$228k

-AU$1m

Dec 31 2021n/an/a

-AU$926k

Sep 30 2021n/an/a

-AU$844k

Jun 30 2021n/an/a

-AU$768k

Mar 31 2021AU$299kAU$225k

-AU$693k

Dec 31 2020n/an/a

-AU$747k

Sep 30 2020n/an/a

-AU$801k

Jun 30 2020n/an/a

-AU$848k

Mar 31 2020AU$270kAU$225k

-AU$895k

Dec 31 2019n/an/a

-AU$892k

Sep 30 2019n/an/a

-AU$888k

Jun 30 2019n/an/a

-AU$852k

Mar 31 2019AU$227kAU$200k

-AU$817k

Dec 31 2018n/an/a

-AU$837k

Sep 30 2018n/an/a

-AU$857k

Jun 30 2018n/an/a

-AU$870k

Mar 31 2018AU$254kAU$211k

-AU$883k

Compensation vs Market: Rakesh's total compensation ($USD247.64K) is about average for companies of similar size in the Australian market ($USD289.50K).

Compensation vs Earnings: Rakesh's compensation has been consistent with company performance over the past year.


CEO

Rakesh Gupta

9.9yrs

Tenure

AU$397,214

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

NamePositionTenureCompensationOwnership
Rakesh Gupta
CEO & Executive Director9.9yrsAU$397.21k0.042%
A$ 36.5k
Koteswara Gollapall
Finance Manager6.1yrsno datano data
Benjamin Donovan
Company Secretary13.4yrsAU$78.40kno data

9.9yrs

Average Tenure

Experienced Management: LCY's management team is seasoned and experienced (9.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rakesh Gupta
CEO & Executive Director7.3yrsAU$397.21k0.042%
A$ 36.5k
Amitava Mukherjee
Non-Executive Chairman5.8yrsno datano data
Vinay Kumar
Non-Executive Directorless than a yearno datano data
Vishwanath Suresh
Non-Executive Director1.8yrsno datano data
Ross Oliver
Non-Executive Directorless than a yearno datano data

1.8yrs

Average Tenure

55yo

Average Age

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


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:20
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Legacy Iron Ore Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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