Larvotto Resources Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Ron Heeks
Chief executive officer
AU$423.4k
Total compensation
| CEO salary percentage | 70.9% |
| CEO tenure | 3.6yrs |
| CEO ownership | 1.3% |
| Management average tenure | no data |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$423k | AU$300k | -AU$6m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | n/a | n/a | -AU$3m |
| Mar 31 2023 | n/a | n/a | -AU$3m |
| Dec 31 2022 | AU$405k | AU$300k | -AU$2m |
| Sep 30 2022 | n/a | n/a | -AU$2m |
| Jun 30 2022 | n/a | n/a | -AU$2m |
| Mar 31 2022 | n/a | n/a | -AU$2m |
| Dec 31 2021 | AU$300k | AU$300k | -AU$2m |
| Dec 31 2020 | AU$71k | AU$12k | -AU$373k |
Compensation vs Market: Ron's total compensation ($USD281.90K) is about average for companies of similar size in the Australian market ($USD299.08K).
Compensation vs Earnings: Ron's compensation has increased whilst the company is unprofitable.
CEO
Ron Heeks (61 yo)
3.6yrs
Tenure
AU$423,356
Compensation
Mr. Ronald Stephen Heeks, also known as Ron, BApp Sc (Geology), MAusIMM, has been Managing Director and Chief Executive Officer of Larvotto Resources Limited and Director since November 2, 2020. He serves...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.6yrs | AU$423.36k | 1.33% A$ 332.6k | |
| Independent Non-Executive Director | 3.6yrs | AU$141.98k | 0.80% A$ 199.0k | |
| Independent Non-Executive Chair | 3.6yrs | AU$160.38k | 1.36% A$ 339.2k |
3.6yrs
Average Tenure
Experienced Board: LRV's board of directors are considered experienced (3.6 years average tenure).