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 9.83 years. total yearly compensation is A$397.21K, comprised of 80.3% salary and 19.7% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth A$31.81K. The average tenure of the management team and the board of directors is 9.8 years and 1.7 years respectively.
Key information
Rakesh Gupta
Chief executive officer
AU$397.2k
Total compensation
| CEO salary percentage | 80.3% |
| CEO tenure | 9.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 9.8yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
Benign Growth For Legacy Iron Ore Limited (ASX:LCY) Underpins Its Share Price
Nov 22
Companies Like Legacy Iron Ore (ASX:LCY) Are In A Position To Invest In Growth
Aug 15We'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 2024 | n/a | n/a | -AU$28m |
| Jun 30 2024 | n/a | n/a | -AU$19m |
| Mar 31 2024 | AU$397k | AU$319k | -AU$10m |
| Dec 31 2023 | n/a | n/a | -AU$4m |
| 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$883k |
Compensation vs Market: Rakesh's total compensation ($USD258.13K) is about average for companies of similar size in the Australian market ($USD297.98K).
Compensation vs Earnings: Rakesh's compensation has been consistent with company performance over the past year.
CEO
Rakesh Gupta
9.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9.8yrs | AU$397.21k | 0.033% A$ 31.8k | |
| Finance Manager | 6yrs | no data | no data | |
| Company Secretary | 13.3yrs | AU$78.40k | no data |
9.8yrs
Average Tenure
Experienced Management: LCY's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.3yrs | AU$397.21k | 0.033% A$ 31.8k | |
| Non-Executive Chairman | 5.7yrs | no data | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 1.7yrs | no data | no data | |
| Non-Executive Director | less than a year | no data | no data |
1.7yrs
Average Tenure
55yo
Average Age
Experienced Board: LCY's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.