Latrobe Magnesium Management
Management criteria checks 4/4
Latrobe Magnesium's CEO is David Paterson, appointed in Apr 2015, has a tenure of 9.75 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$2.94M. The average tenure of the management team and the board of directors is 9.8 years and 17.7 years respectively.
Key information
David Paterson
Chief executive officer
AU$400.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 9.8yrs |
| CEO ownership | 6.2% |
| Management average tenure | 9.8yrs |
| Board average tenure | 17.7yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$400k | AU$400k | -AU$5m |
| Mar 31 2024 | n/a | n/a | -AU$6m |
| Dec 31 2023 | n/a | n/a | -AU$8m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | AU$400k | AU$400k | -AU$2m |
| Mar 31 2023 | n/a | n/a | -AU$3m |
| Dec 31 2022 | n/a | n/a | -AU$3m |
| Sep 30 2022 | n/a | n/a | -AU$3m |
| Jun 30 2022 | AU$506k | AU$356k | -AU$3m |
| Mar 31 2022 | n/a | n/a | -AU$1m |
| Dec 31 2021 | n/a | n/a | AU$374k |
| Sep 30 2021 | n/a | n/a | AU$247k |
| Jun 30 2021 | AU$312k | AU$312k | AU$120k |
| Mar 31 2021 | n/a | n/a | -AU$1m |
| Dec 31 2020 | n/a | n/a | -AU$3m |
| Sep 30 2020 | n/a | n/a | -AU$2m |
| Jun 30 2020 | AU$312k | AU$312k | -AU$2m |
| Mar 31 2020 | n/a | n/a | -AU$2m |
| Dec 31 2019 | n/a | n/a | -AU$2m |
| Sep 30 2019 | n/a | n/a | -AU$2m |
| Jun 30 2019 | AU$312k | AU$312k | -AU$2m |
| Mar 31 2019 | n/a | n/a | -AU$1m |
| Dec 31 2018 | n/a | n/a | -AU$1m |
| Sep 30 2018 | n/a | n/a | -AU$2m |
| Jun 30 2018 | AU$312k | AU$312k | -AU$2m |
Compensation vs Market: David's total compensation ($USD249.25K) is about average for companies of similar size in the Australian market ($USD285.80K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Paterson (70 yo)
9.8yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9.8yrs | AU$400.00k | 6.25% A$ 2.9m | |
| Chief Financial Officer | 1.3yrs | AU$179.23k | 0.022% A$ 10.5k | |
| Chief Operating Officer | 4.3yrs | AU$321.04k | no data | |
| Company Secretary & Non-Executive Director | 11.5yrs | AU$70.00k | 0.33% A$ 155.5k | |
| Technical Director | no data | no data | no data | |
| Technical Consultant | 19.8yrs | no data | no data |
9.8yrs
Average Tenure
Experienced Management: LMG's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 22.4yrs | AU$400.00k | 6.25% A$ 2.9m | |
| Company Secretary & Non-Executive Director | 14.1yrs | AU$70.00k | 0.33% A$ 155.5k | |
| Independent Non-Executive Director | 21.3yrs | AU$50.00k | 0.58% A$ 273.3k | |
| Independent Non-Executive Chairman | 9.7yrs | AU$80.00k | 0.77% A$ 362.3k |
17.7yrs
Average Tenure
73.5yo
Average Age
Experienced Board: LMG's board of directors are seasoned and experienced ( 17.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 15:00 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Latrobe Magnesium 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.
| Analyst | Institution |
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