Novo Resources Management
Management criteria checks 0/4
We currently do not have sufficient information about the CEO.
Key information
Mike Spreadborough
Chief executive officer
CA$561.3k
Total compensation
| CEO salary percentage | 80.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.2% |
| Management average tenure | no data |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$45m |
| Mar 31 2024 | n/a | n/a | -CA$46m |
| Dec 31 2023 | CA$561k | CA$449k | -CA$49m |
| Sep 30 2023 | n/a | n/a | CA$49m |
| Jun 30 2023 | n/a | n/a | -CA$631k |
| Mar 31 2023 | n/a | n/a | -CA$11m |
| Dec 31 2022 | CA$552k | CA$453k | -CA$16m |
| Sep 30 2022 | n/a | n/a | -CA$153m |
| Jun 30 2022 | n/a | n/a | -CA$17m |
| Mar 31 2022 | n/a | n/a | -CA$15m |
| Dec 31 2021 | CA$3m | CA$236k | -CA$704k |
Compensation vs Market: Mike's total compensation ($USD415.46K) is above average for companies of similar size in the Australian market ($USD310.14K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Spreadborough
2.4yrs
Tenure
CA$561,307
Compensation
Mr. Michael John Spreadborough, also known as Mike, B.Eng. (Mining) (Hons), MBA, serves as Non-Executive Director of Evolution Energy Minerals Limited since September 12, 2023 and serves as its Non-Executi...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Co-Chairman & Acting CEO | 3.7yrs | CA$561.31k | 0.20% CA$ 64.0k | |
| Independent Non-Executive Director | less than a year | CA$48.48k | no data | |
| Non-Executive Co-Chairman | 14.9yrs | CA$137.22k | 1.03% CA$ 332.0k | |
| Independent Non-Executive Director | less than a year | no data | no data |
2.3yrs
Average Tenure
Experienced Board: NVO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.