New World Resources Management
Management criteria checks 2/4
New World Resources' CEO is Nick Woolrych, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is A$607.72K, comprised of 56.4% salary and 43.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth A$56.95K. The average tenure of the management team and the board of directors is 6.8 years and 3.6 years respectively.
Key information
Nick Woolrych
Chief executive officer
AU$607.7k
Total compensation
| CEO salary percentage | 56.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 6.8yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing New World Resources Limited's (ASX:NWC) CEO Pay Packet
Nov 02
We Think New World Resources (ASX:NWC) Can Afford To Drive Business Growth
Mar 15We Take A Look At Why New World Resources Limited's (ASX:NWC) CEO Has Earned Their Pay Packet
Nov 18New World Resources (ASX:NWC) Is In A Good Position To Deliver On Growth Plans
Sep 22Here's Why We're Not Too Worried About New World Resources' (ASX:NWC) Cash Burn Situation
Mar 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$608k | AU$343k | -AU$3m |
| Mar 31 2024 | n/a | n/a | -AU$3m |
| Dec 31 2023 | n/a | n/a | -AU$3m |
| Sep 30 2023 | n/a | n/a | -AU$3m |
| Jun 30 2023 | AU$143k | n/a | -AU$2m |
Compensation vs Market: Nick's total compensation ($USD378.88K) is above average for companies of similar size in the Australian market ($USD289.50K).
Compensation vs Earnings: Nick's compensation has increased whilst the company is unprofitable.
CEO
Nick Woolrych
less than a year
Tenure
AU$607,718
Compensation
Mr. Nick Woolrych has been Chief Executive Officer of New World Resources Limited since August 2024 and serves as its Managing Director since August 28, 2024 and served as its Executive Director since July...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | less than a year | AU$607.72k | 0.12% A$ 57.0k | |
| Company Secretary | 6.8yrs | AU$239.21k | 0.36% A$ 174.9k | |
| Senior Exploration Geologist | no data | no data | no data | |
| Exploration Manager | 7.9yrs | no data | no data |
6.8yrs
Average Tenure
Experienced Management: NWC's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 2yrs | AU$607.72k | 0.12% A$ 57.0k | |
| Non-Executive Chairman | 7.2yrs | AU$101.31k | 1.09% A$ 526.2k | |
| Additional Non-Executive Director | less than a year | AU$233.68k | 1.84% A$ 890.0k | |
| Independent Director | 5.2yrs | AU$91.54k | 0.14% A$ 68.2k |
3.6yrs
Average Tenure
Experienced Board: NWC's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 15:19 |
| End of Day Share Price | 2024/12/24 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
New World Resources Limited is covered by 3 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 |
|---|---|
| Paul Howard | Canaccord Genuity |
| Kristian Stella | Shaw and Partners Limited |
| Sam Catalano | Wilsons Advisory and Stockbroking Ltd. |