Mount Gibson Iron Management
Management criteria checks 4/4
Mount Gibson Iron's CEO is Peter Kerr, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is A$1.40M, comprised of 55.1% salary and 44.9% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth A$2.18M. The average tenure of the management team and the board of directors is 9.4 years and 12.8 years respectively.
Key information
Peter Kerr
Chief executive officer
AU$1.4m
Total compensation
| CEO salary percentage | 55.1% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.6% |
| Management average tenure | 9.4yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
Mount Gibson Iron Limited's (ASX:MGX) Popularity With Investors Is Under Threat From Overpricing
Sep 30
It's Unlikely That The CEO Of Mount Gibson Iron Limited (ASX:MGX) Will See A Huge Pay Rise This Year
Nov 08Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Oct 26Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Jan 19Does Mount Gibson Iron (ASX:MGX) Have A Healthy Balance Sheet?
Jun 14Estimating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
May 02Returns Are Gaining Momentum At Mount Gibson Iron (ASX:MGX)
Dec 10It Looks Like Mount Gibson Iron Limited's (ASX:MGX) CEO May Expect Their Salary To Be Put Under The Microscope
Nov 03Mount Gibson Iron (ASX:MGX) Has Announced That Its Dividend Will Be Reduced To AU$0.02
Aug 27Returns On Capital Are Showing Encouraging Signs At Mount Gibson Iron (ASX:MGX)
Jul 27Mount Gibson Iron's (ASX:MGX) Returns On Capital Are Heading Higher
Apr 16Does Mount Gibson Iron Limited (ASX:MGX) Have A Place In Your Dividend Portfolio?
Mar 02Mount Gibson Iron (ASX:MGX) Has Rewarded Shareholders With An Exceptional 487% Total Return On Their Investment
Feb 12
Is Mount Gibson Iron Limited's (ASX:MGX) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 28What We Make Of Mount Gibson Iron's (ASX:MGX) Returns On Capital
Jan 13What Kind Of Shareholders Hold The Majority In Mount Gibson Iron Limited's (ASX:MGX) Shares?
Dec 29Calculating The Intrinsic Value Of Mount Gibson Iron Limited (ASX:MGX)
Dec 14You Have To Love Mount Gibson Iron Limited's (ASX:MGX) Dividend
Nov 29Should You Be Adding Mount Gibson Iron (ASX:MGX) To Your Watchlist Today?
Aug 10Potential Upside For Mount Gibson Iron Limited (ASX:MGX) Not Without Risk
Jul 28Mount Gibson Iron Limited's (ASX:MGX) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Jul 15Will the Promising Trends At Mount Gibson Iron (ASX:MGX) Continue?
Jun 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$770k | AU$6m |
| Mar 31 2024 | n/a | n/a | AU$71m |
| Dec 31 2023 | n/a | n/a | AU$137m |
| Sep 30 2023 | n/a | n/a | AU$71m |
| Jun 30 2023 | AU$1m | AU$723k | AU$5m |
| Mar 31 2023 | n/a | n/a | -AU$48m |
| Dec 31 2022 | n/a | n/a | -AU$101m |
| Sep 30 2022 | n/a | n/a | -AU$138m |
| Jun 30 2022 | AU$1m | AU$652k | -AU$174m |
| Mar 31 2022 | n/a | n/a | -AU$125m |
| Dec 31 2021 | n/a | n/a | -AU$76m |
| Sep 30 2021 | n/a | n/a | -AU$6m |
| Jun 30 2021 | AU$1m | AU$635k | AU$64m |
| Mar 31 2021 | n/a | n/a | AU$89m |
| Dec 31 2020 | n/a | n/a | AU$114m |
| Sep 30 2020 | n/a | n/a | AU$99m |
| Jun 30 2020 | AU$992k | AU$584k | AU$84m |
| Dec 31 2019 | n/a | n/a | AU$133m |
| Sep 30 2019 | n/a | n/a | AU$133m |
| Jun 30 2019 | AU$1m | AU$542k | AU$133m |
| Dec 31 2018 | n/a | n/a | AU$64m |
| Sep 30 2018 | n/a | n/a | AU$82m |
| Jun 30 2018 | AU$597k | AU$434k | AU$99m |
Compensation vs Market: Peter's total compensation ($USD874.20K) is about average for companies of similar size in the Australian market ($USD689.59K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Kerr
6.2yrs
Tenure
AU$1,397,762
Compensation
Mr. Peter W. Kerr, B.Comm, CA, F.Fin, M.AusIMM, M.AICD., has been the Chief Executive Officer at Mount Gibson Iron Limited since October 1, 2018. He served as the Chief Financial Officer of Mount Gibson Ir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.2yrs | AU$1.40m | 0.61% A$ 2.2m | |
| Chief Financial Officer | 6.2yrs | AU$837.53k | 0.31% A$ 1.1m | |
| Company Secretary & General Counsel | 12.7yrs | AU$715.12k | 0.32% A$ 1.2m | |
| Manager of Investor & External Relations | 12.8yrs | no data | no data |
9.4yrs
Average Tenure
Experienced Management: MGX's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Lead Independent Non-Executive Director | 12.8yrs | AU$130.46k | 0.0043% A$ 15.3k | |
| Non-Executive Chairman | 14.9yrs | AU$120.85k | no data | |
| Independent Non-Executive Director | 1.3yrs | AU$96.00k | 0.0052% A$ 18.6k | |
| Independent Non-Executive Director | 18.4yrs | AU$120.24k | no data | |
| Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 13.1yrs | AU$119.68k | 0.066% A$ 235.0k | |
| Non-Executive Director | 5yrs | no data | no data |
12.8yrs
Average Tenure
61yo
Average Age
Experienced Board: MGX's board of directors are seasoned and experienced ( 12.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:57 |
| End of Day Share Price | 2024/12/20 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
Mount Gibson Iron Limited is covered by 23 analysts. 1 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 |
|---|---|
| Michael Harrowell | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Stephen Thomas | Bell Potter |