Lake Resources Management
Management criteria checks 0/4
Lake Resources' CEO is David Dickson, appointed in Sep 2022, has a tenure of 1.58 years. total yearly compensation is A$3.67M, comprised of 32.5% salary and 67.5% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth A$8.55K. The average tenure of the management team and the board of directors is 1.3 years and 1.5 years respectively.
Key information
David Dickson
Chief executive officer
AU$3.7m
Total compensation
| CEO salary percentage | 32.5% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.009% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
We're A Little Worried About Lake Resources' (ASX:LKE) Cash Burn Rate
Mar 02
Lake Resources (ASX:LKE) Will Have To Spend Its Cash Wisely
Nov 07Will Lake Resources (ASX:LKE) Spend Its Cash Wisely?
Jul 21Here's Why We're Watching Lake Resources' (ASX:LKE) Cash Burn Situation
Mar 16Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
Sep 02Lake Resources (ASX:LKE) Is In A Good Position To Deliver On Growth Plans
May 19Lake Resources (ASX:LKE) Is In A Strong Position To Grow Its Business
Jan 31Companies Like Lake Resources (ASX:LKE) Can Afford To Invest In Growth
Oct 18How Many Lake Resources NL (ASX:LKE) Shares Have Insiders Sold, In The Last Year?
Jan 26
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$72m |
| Sep 30 2023 | n/a | n/a | -AU$59m |
| Jun 30 2023 | AU$4m | AU$1m | -AU$46m |
Compensation vs Market: David's total compensation ($USD2.37M) is above average for companies of similar size in the Australian market ($USD289.12K).
Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.
CEO
David Dickson (55 yo)
1.6yrs
Tenure
AU$3,673,948
Compensation
Mr. David Dickson is Director, MD and Chief Executive Officer of Lake Resources NL from September 15, 2022. He has been Director at McDermott International, Inc. and served as its Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.6yrs | AU$3.67m | 0.0095% A$ 8.5k | |
| Senior VP of Corporate Affairs & Country Manager for Argentina | 1.3yrs | AU$166.31k | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Senior VP of Technology | 1.5yrs | no data | no data | |
| Chief People & Administration Officer | 1.2yrs | no data | no data | |
| Senior Vice President of Investor Relations & Communications | 1.4yrs | no data | no data | |
| Chief Legal Officer & General Counsel | 1.3yrs | no data | no data | |
| Senior Vice President of Field Development & Evaluation | 1.3yrs | no data | no data | |
| Head of Legal for Australia & Company Secretary | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: LKE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.6yrs | AU$3.67m | 0.0095% A$ 8.5k | |
| Independent Non-Executive Director | 1.3yrs | AU$220.00k | 0.046% A$ 41.4k | |
| Independent Non-Executive Director | 1.3yrs | AU$163.91k | 0.015% A$ 13.1k | |
| Independent Non-Executive Director | 4.3yrs | AU$119.24k | no data | |
| Independent Non-Executive Director | 1.3yrs | AU$214.17k | 0.014% A$ 12.8k | |
| Non-Executive Chairman | 7.5yrs | AU$1.11m | 0.61% A$ 550.0k |
1.5yrs
Average Tenure
65.5yo
Average Age
Experienced Board: LKE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.