Rapid Lithium Management
Management criteria checks 4/4
Rapid Lithium's CEO is Ross McGowan, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is A$250.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 14.94% of the company’s shares, worth A$512.50K. The average tenure of the management team and the board of directors is 2.3 years and 3.5 years respectively.
Key information
Ross McGowan
Chief executive officer
AU$250.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.6yrs |
| CEO ownership | 14.9% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -AU$22m |
| Mar 31 2024 | n/a | n/a | -AU$13m |
| Dec 31 2023 | AU$250k | AU$250k | -AU$5m |
| Sep 30 2023 | n/a | n/a | -AU$4m |
| Jun 30 2023 | n/a | n/a | -AU$3m |
| Mar 31 2023 | n/a | n/a | -AU$4m |
| Dec 31 2022 | AU$250k | AU$250k | -AU$5m |
| Sep 30 2022 | n/a | n/a | -AU$5m |
| Jun 30 2022 | n/a | n/a | -AU$6m |
| Mar 31 2022 | n/a | n/a | -AU$4m |
| Dec 31 2021 | AU$201k | AU$126k | -AU$3m |
Compensation vs Market: Ross's total compensation ($USD164.27K) is below average for companies of similar size in the Australian market ($USD304.34K).
Compensation vs Earnings: Ross's compensation has been consistent with company performance over the past year.
CEO
Ross McGowan
3.6yrs
Tenure
AU$250,000
Compensation
Dr. Ross McGowan serves as Non-Executive Director at Cobre Limited since June 22, 2022. He is CEO and MD at Rapid Lithium Limited (formerly known as Armada Metals Limited) since April 08, 2021 and had been...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & MD | 3.6yrs | AU$250.00k | 14.94% A$ 512.5k | |
| Executive Director | less than a year | AU$170.00k | 0.40% A$ 13.6k | |
| Technical Lead | no data | no data | no data | |
| Company Secretary | 2.3yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: RLL's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 3.6yrs | AU$170.00k | 0.40% A$ 13.6k | |
| Independent Non-Executive Chairman | 3.4yrs | AU$80.00k | 0.80% A$ 27.5k | |
| Non-Executive Director | 3.6yrs | AU$60.00k | 17.78% A$ 610.0k | |
| Director | no data | no data | 2.94% A$ 101.0k |
3.5yrs
Average Tenure
Experienced Board: RLL's board of directors are considered experienced (3.5 years average tenure).