Latrobe Magnesium Limited

ASX:LMG Stock Report

Market Cap: AU$56.4m

Latrobe Magnesium Management

Management criteria checks 4/4

Latrobe Magnesium's CEO is David Paterson, appointed in Apr 2015, has a tenure of 9.58 years. total yearly compensation is A$400.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 6.25% of the company’s shares, worth A$3.52M. The average tenure of the management team and the board of directors is 9.6 years and 17.5 years respectively.

Key information

David Paterson

Chief executive officer

AU$400.0k

Total compensation

CEO salary percentage100.0%
CEO tenure9.6yrs
CEO ownership6.2%
Management average tenure9.6yrs
Board average tenure17.5yrs

Recent management updates

Recent updates

Here's Why Latrobe Magnesium (ASX:LMG) Can Afford Some Debt

Oct 12
Here's Why Latrobe Magnesium (ASX:LMG) Can Afford Some Debt

Is Latrobe Magnesium (ASX:LMG) Using Debt Sensibly?

Apr 10
Is Latrobe Magnesium (ASX:LMG) Using Debt Sensibly?

Is Latrobe Magnesium (ASX:LMG) Using Debt In A Risky Way?

Dec 26
Is Latrobe Magnesium (ASX:LMG) Using Debt In A Risky Way?

Is Latrobe Magnesium (ASX:LMG) A Risky Investment?

Mar 17
Is Latrobe Magnesium (ASX:LMG) A Risky Investment?

CEO Compensation Analysis

How has David Paterson's remuneration changed compared to Latrobe Magnesium's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$400kAU$400k

-AU$5m

Mar 31 2024n/an/a

-AU$6m

Dec 31 2023n/an/a

-AU$8m

Sep 30 2023n/an/a

-AU$5m

Jun 30 2023AU$400kAU$400k

-AU$2m

Mar 31 2023n/an/a

-AU$3m

Dec 31 2022n/an/a

-AU$3m

Sep 30 2022n/an/a

-AU$3m

Jun 30 2022AU$506kAU$356k

-AU$3m

Mar 31 2022n/an/a

-AU$1m

Dec 31 2021n/an/a

AU$374k

Sep 30 2021n/an/a

AU$247k

Jun 30 2021AU$312kAU$312k

AU$120k

Mar 31 2021n/an/a

-AU$1m

Dec 31 2020n/an/a

-AU$3m

Sep 30 2020n/an/a

-AU$2m

Jun 30 2020AU$312kAU$312k

-AU$2m

Mar 31 2020n/an/a

-AU$2m

Dec 31 2019n/an/a

-AU$2m

Sep 30 2019n/an/a

-AU$2m

Jun 30 2019AU$312kAU$312k

-AU$2m

Mar 31 2019n/an/a

-AU$1m

Dec 31 2018n/an/a

-AU$1m

Sep 30 2018n/an/a

-AU$2m

Jun 30 2018AU$312kAU$312k

-AU$2m

Compensation vs Market: David's total compensation ($USD260.31K) is about average for companies of similar size in the Australian market ($USD297.87K).

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

CEO

David Paterson (70 yo)

9.6yrs

Tenure

AU$400,000

Compensation

Mr. David Oliver Paterson serves as the Chief Executive Officer and Executive Director of Latrobe Magnesium Ltd. Mr. Paterson served as Managing Director of Latrobe Magnesium Ltd., from April 10, 2015 to 2...

Leadership Team

NamePositionTenureCompensationOwnership
David Paterson
CEO & Executive Director9.6yrsAU$400.00k6.25%
A$ 3.5m
John D. Collier
Chief Financial Officer1.1yrsAU$179.23k0.022%
A$ 12.6k
Ronan Gillen
Chief Operating Officer4.2yrsAU$321.04kno data
John Lee
Company Secretary & Non-Executive Director11.3yrsAU$70.00k0.33%
A$ 186.6k
Jim Siemon
Technical Directorno datano datano data
D. Stewart
Technical Consultant19.7yrsno datano data

9.6yrs

Average Tenure

Experienced Management: LMG's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Paterson
CEO & Executive Director22.3yrsAU$400.00k6.25%
A$ 3.5m
John Lee
Company Secretary & Non-Executive Director13.9yrsAU$70.00k0.33%
A$ 186.6k
Philip Bruce
Independent Non-Executive Director21.2yrsAU$50.00k0.58%
A$ 328.0k
John Murray
Independent Non-Executive Chairman9.5yrsAU$80.00k0.77%
A$ 434.8k

17.5yrs

Average Tenure

73.5yo

Average Age

Experienced Board: LMG's board of directors are seasoned and experienced ( 17.5 years average tenure).