Minbos Resources Management
Management criteria checks 4/4
Minbos Resources' CEO is Lindsay Reed, appointed in Sep 2014, has a tenure of 9.67 years. total yearly compensation is A$112.83K, comprised of 236.4% salary and -136.4% bonuses, including company stock and options. directly owns 1.6% of the company’s shares, worth A$775.60K. The average tenure of the management team and the board of directors is 2.9 years and 3.4 years respectively.
Key information
Lindsay Reed
Chief executive officer
AU$112.8k
Total compensation
| CEO salary percentage | 236.4% |
| CEO tenure | 9.7yrs |
| CEO ownership | 1.6% |
| Management average tenure | 2.9yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
Sep 25
We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
May 01Here's Why We're Watching Minbos Resources' (ASX:MNB) Cash Burn Situation
May 11Companies Like Minbos Resources (ASX:MNB) Are In A Position To Invest In Growth
Jan 26Here's Why We're Not Too Worried About Minbos Resources' (ASX:MNB) Cash Burn Situation
Oct 13We're Keeping An Eye On Minbos Resources' (ASX:MNB) Cash Burn Rate
Jun 28Is Minbos Resources (ASX:MNB) In A Good Position To Deliver On Growth Plans?
Mar 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$113k | AU$267k | -AU$8m |
| Dec 31 2022 | AU$387k | AU$125k | -AU$5m |
| Jun 30 2022 | n/a | n/a | -AU$805k |
| Mar 31 2022 | n/a | n/a | -AU$2m |
| Dec 31 2021 | n/a | n/a | -AU$4m |
| Sep 30 2021 | n/a | n/a | -AU$4m |
| Jun 30 2021 | AU$683k | AU$250k | -AU$4m |
| Mar 31 2021 | n/a | n/a | -AU$4m |
| Dec 31 2020 | n/a | n/a | -AU$3m |
| Sep 30 2020 | n/a | n/a | -AU$2m |
| Jun 30 2020 | AU$282k | AU$253k | -AU$2m |
| Mar 31 2020 | n/a | n/a | -AU$1m |
| Dec 31 2019 | n/a | n/a | -AU$1m |
| Sep 30 2019 | n/a | n/a | -AU$2m |
| Jun 30 2019 | AU$271k | AU$225k | -AU$2m |
| Mar 31 2019 | n/a | n/a | -AU$5m |
| Dec 31 2018 | n/a | n/a | -AU$9m |
| Sep 30 2018 | n/a | n/a | -AU$13m |
| Jun 30 2018 | AU$268k | AU$250k | -AU$18m |
| Mar 31 2018 | n/a | n/a | -AU$14m |
| Dec 31 2017 | n/a | n/a | -AU$11m |
| Sep 30 2017 | n/a | n/a | -AU$7m |
| Jun 30 2017 | AU$280k | AU$250k | -AU$2m |
Compensation vs Market: Lindsay's total compensation ($USD73.35K) is below average for companies of similar size in the Australian market ($USD293.70K).
Compensation vs Earnings: Lindsay's compensation has been consistent with company performance over the past year.
CEO
Lindsay Reed (61 yo)
9.7yrs
Tenure
AU$112,826
Compensation
Mr. Lindsay George Reed, BE (Mining), MBA, MAusIMM, MAICD had been the Chief Executive Officer of Minbos Resources Limited since September 1, 2014 until December 2023 and serves as its MD & Director since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 9.7yrs | AU$112.83k | 1.6% A$ 775.6k | |
| Chief Financial Officer | 2.9yrs | AU$383.96k | 0.12% A$ 56.0k | |
| Chief Operating Officer | less than a year | AU$442.78k | 0.085% A$ 41.0k | |
| Chief Strategy & Marketing Officer | less than a year | AU$510.73k | 0.0069% A$ 3.4k | |
| Company Secretary | 2.9yrs | no data | no data |
2.9yrs
Average Tenure
Experienced Management: MNB's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | AU$112.83k | 1.6% A$ 775.6k | |
| Independent Non-Executive Director | 3.4yrs | AU$36.00k | 0.10% A$ 49.1k | |
| Independent Non-Executive Director | 3.4yrs | AU$36.00k | 0.17% A$ 80.5k | |
| Independent Non-Executive Chairman | 3.4yrs | AU$36.00k | 0.18% A$ 88.5k | |
| Non-Executive Director | less than a year | AU$1.74k | no data |
3.4yrs
Average Tenure
60yo
Average Age
Experienced Board: MNB's board of directors are considered experienced (3.4 years average tenure).