Red Hill Minerals Management

Management criteria checks 2/4

Red Hill Minerals' CEO is Michael Wall, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is A$1.30M, comprised of 22.9% salary and 77.1% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth A$5.91K. The average tenure of the management team and the board of directors is 2.3 years and 13.8 years respectively.

Key information

Michael Wall

Chief executive officer

AU$1.3m

Total compensation

CEO salary percentage	22.9%
CEO tenure	2.3yrs
CEO ownership	0.001%
Management average tenure	2.3yrs
Board average tenure	13.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Wall's remuneration changed compared to Red Hill Minerals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$2m
Sep 30 2023	n/a	n/a	-AU$2m
Jun 30 2023	AU$1m	AU$298k	-AU$2m

Compensation vs Market: Michael's total compensation ($USD836.94K) is above average for companies of similar size in the Australian market ($USD625.62K).

Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.

CEO

Michael Wall

2.3yrs

Tenure

AU$1,299,937

Compensation

Mr. Michael Wall, BSc (Hons Geology), MBA, MAusIMM, MAICD is Chief Executive Officer of Red Hill Minerals Limited (formerly known as Red Hill Iron Limited) from July 28, 2022 & serves as its Exploration Ma...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joshua Pitt	Executive Chairman	18.8yrs	AU$55.25k	20.43% A$ 85.0m
Michael Wall	CEO & Exploration Manager	2.3yrs	AU$1.30m	0.0014% A$ 5.9k
Ira Gibbs	Company Secretary	less than a year	no data	no data

2.3yrs

Average Tenure

Experienced Management: RHI's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Joshua Pitt	Executive Chairman	18.8yrs	AU$55.25k	20.43% A$ 85.0m
Donald Okeby	Independent Non-Executive Director	8.7yrs	AU$55.25k	3.69% A$ 15.3m
Nanette Allen	Independent Non-Executive Director	3.2yrs	AU$55.25k	0.78% A$ 3.3m
Garry Strong	Independent Non-Executive Director	18.8yrs	AU$55.25k	3.06% A$ 12.7m

13.8yrs

Average Tenure

75yo

Average Age

Experienced Board: RHI's board of directors are seasoned and experienced ( 13.8 years average tenure).

Red Hill Minerals Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Red Hill Minerals Limited, Annual General Meeting, Nov 24, 2023

Red Hill Minerals Limited Announces Resignation of Peter Ruttledge as Joint Company Secretary

Red Hill Minerals Limited Appoints Ira Gibbs as Joint Company Secretary

Red Hill Iron Limited, Annual General Meeting, Nov 25, 2022

Red Hill Iron Limited Appoints Michael Wall as Chief Executive Officer

Recent updates

We're Not Worried About Red Hill Minerals' (ASX:RHI) Cash Burn

Insufficient new directors

Red Hill Minerals Limited Announces Special Dividend, Payable on 5 December 2023

Red Hill Minerals Limited, Annual General Meeting, Nov 24, 2023

Red Hill Minerals Limited Announces Resignation of Peter Ruttledge as Joint Company Secretary

Red Hill Minerals Limited Appoints Ira Gibbs as Joint Company Secretary

Inaugural dividend of AU$0.20 per share

Red Hill Iron Limited Announces Fully Franked Special Dividend, Payable on 7 December 2022

Red Hill Iron Limited Announces Base and Precious Metals Exploration Drilling Results

Red Hill Iron Limited, Annual General Meeting, Nov 25, 2022

Full year 2022 earnings released: EPS: AU$2.29 (vs AU$0.028 loss in FY 2021)

Red Hill Iron Limited Appoints Michael Wall as Chief Executive Officer

Inaugural dividend of AU$0.20 per share

Executive Chairman recently bought AU$3.7m worth of stock

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Executive Chairman recently bought AU$84k worth of stock

Executive Chairman recently bought AU$254k worth of stock

Insider recently bought AU$3.0m worth of stock

Executive Chairman recently bought AU$241k worth of stock

Full year 2021 earnings released: AU$0.028 loss per share (vs AU$0.008 loss in FY 2020)

Mineral Resources Limited (ASX:MIN) completed the acquisition of 40% stake in Red Hill Iron Ore Joint Venture from Red Hill Iron Limited (ASX:RHI).

Executive Chairman recently bought AU$1.0m worth of stock

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

We're Hopeful That Red Hill Iron (ASX:RHI) Will Use Its Cash Wisely

First half 2021 earnings released: AU$0.006 loss per share (vs AU$0.005 loss in 1H 2020)

Red Hill Iron Limited Announces Appointment of Nanette Allen as A Non-Executive Director Effective 1 February 2021

Red Hill Iron Limited Receives RHIOJV Activities Update

Full year earnings released - AU$0.0081 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age