Midas Minerals Management
Management criteria checks 1/4
Midas Minerals' CEO is Mark Calderwood, appointed in Jul 2022, has a tenure of 1.92 years. total yearly compensation is A$583.64K, comprised of 51.9% salary and 48.1% bonuses, including company stock and options. directly owns 6.96% of the company’s shares, worth A$537.70K. The average tenure of the management team and the board of directors is 1.8 years and 3 years respectively.
Key information
Mark Calderwood
Chief executive officer
AU$583.6k
Total compensation
| CEO salary percentage | 51.9% |
| CEO tenure | 1.9yrs |
| CEO ownership | 7.0% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$584k | AU$303k | -AU$5m |
| Sep 30 2023 | n/a | n/a | -AU$4m |
| Jun 30 2023 | n/a | n/a | -AU$3m |
| Mar 31 2023 | n/a | n/a | -AU$2m |
| Dec 31 2022 | AU$409k | AU$233k | -AU$2m |
| Sep 30 2022 | n/a | n/a | -AU$1m |
| Jun 30 2022 | n/a | n/a | -AU$1m |
| Mar 31 2022 | n/a | n/a | -AU$1m |
| Dec 31 2021 | AU$281k | AU$209k | -AU$1m |
Compensation vs Market: Mark's total compensation ($USD389.43K) is above average for companies of similar size in the Australian market ($USD298.77K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Calderwood (57 yo)
1.9yrs
Tenure
AU$583,636
Compensation
Mr. Mark Andrew Calderwood, CP AusIMM, serves as Board Advisor of Cygnus Metals Limited (formerly known as Cygnus Gold Limited) since September 2022. He is Director at Midas Minerals Ltd from July 01, 2022...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.9yrs | AU$583.64k | 6.96% A$ 537.7k | |
| Chief Financial Officer | 1.7yrs | AU$85.00k | 0.20% A$ 15.7k | |
| Company Secretary | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: MM1's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.9yrs | AU$583.64k | 6.96% A$ 537.7k | |
| Non-Executive Director | 6.3yrs | AU$225.67k | 3.2% A$ 247.1k | |
| Non-Executive Director | 3yrs | AU$225.67k | 1.46% A$ 112.8k | |
| Independent Non-Executive Chairman | 3yrs | AU$236.74k | 1.25% A$ 96.8k |
3.0yrs
Average Tenure
Experienced Board: MM1's board of directors are considered experienced (3 years average tenure).