Ora Banda Mining Management
Management criteria checks 1/4
Ora Banda Mining's CEO is Luke Creagh, appointed in Jul 2022, has a tenure of 2.33 years. total yearly compensation is A$3.24M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 3.34% of the company’s shares, worth A$46.74M. The average tenure of the management team and the board of directors is 1.7 years and 2.2 years respectively.
Key information
Luke Creagh
Chief executive officer
AU$3.2m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 2.3yrs |
| CEO ownership | 3.3% |
| Management average tenure | 1.7yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%
Oct 18
A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price Climb
Aug 30Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price Jump
Jul 12Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their Feet
Apr 24Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?
Sep 30We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Aug 23We're Keeping An Eye On Ora Banda Mining's (ASX:OBM) Cash Burn Rate
Feb 11Do Insiders Own Lots Of Shares In Ora Banda Mining Limited (ASX:OBM)?
Jan 07Ora Banda Mining Limited (ASX:OBM) Insiders Increased Their Holdings
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$3m | AU$392k | AU$28m |
| Mar 31 2024 | n/a | n/a | AU$8m |
| Dec 31 2023 | n/a | n/a | -AU$12m |
| Sep 30 2023 | n/a | n/a | -AU$28m |
| Jun 30 2023 | AU$4m | AU$362k | -AU$44m |
Compensation vs Market: Luke's total compensation ($USD2.11M) is above average for companies of similar size in the Australian market ($USD1.10M).
Compensation vs Earnings: Luke's compensation has been consistent with company performance over the past year.
CEO
Luke Creagh
2.3yrs
Tenure
AU$3,237,628
Compensation
Mr. Luke Andrew Creagh, BENG-Mining is Chief Executive Officer at Ora Banda Mining Limited from July 04, 2022 and serves as its Managing Director & Director since September 28, 2022. He served as Chief Ope...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.3yrs | AU$3.24m | 3.34% A$ 46.7m | |
| Chief Development Officer | 2.8yrs | AU$1.26m | 0.15% A$ 2.0m | |
| CFO & Joint Company Secretary | less than a year | no data | no data | |
| General Manager of People & Culture | 1.1yrs | no data | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Chief Geologist | 1.1yrs | no data | no data | |
| Joint Company Secretary | 5.6yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: OBM's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.2yrs | AU$3.24m | 3.34% A$ 46.7m | |
| Independent Non-Executive Director | 2.2yrs | AU$120.22k | 0.028% A$ 390.9k | |
| Non-Executive Chairman | 6.4yrs | AU$178.20k | 0.56% A$ 7.9m | |
| Independent Non-executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 1.1yrs | AU$86.99k | 0.021% A$ 294.7k |
2.2yrs
Average Tenure
Experienced Board: OBM's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.