Renascor Resources Management
Management criteria checks 3/4
Renascor Resources' CEO is David Christensen, appointed in May 2010, has a tenure of 14.58 years. total yearly compensation is A$1.18M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 1.28% of the company’s shares, worth A$1.82M. The average tenure of the management team and the board of directors is 6.5 years and 14.2 years respectively.
Key information
David Christensen
Chief executive officer
AU$1.2m
Total compensation
| CEO salary percentage | 40.9% |
| CEO tenure | 14.6yrs |
| CEO ownership | 1.3% |
| Management average tenure | 6.5yrs |
| Board average tenure | 14.2yrs |
Recent management updates
Recent updates
Renascor Resources (ASX:RNU) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Oct 08
Renascor Resources (ASX:RNU) Strong Profits May Be Masking Some Underlying Issues
Mar 22We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jun 27Here's Why We're Not Too Worried About Renascor Resources' (ASX:RNU) Cash Burn Situation
Mar 09We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Nov 09We're Hopeful That Renascor Resources (ASX:RNU) Will Use Its Cash Wisely
Jul 22We're Not Very Worried About Renascor Resources' (ASX:RNU) Cash Burn Rate
Mar 29Renascor Resources (ASX:RNU) Is In A Strong Position To Grow Its Business
Dec 13We're Interested To See How Renascor Resources (ASX:RNU) Uses Its Cash Hoard To Grow
Aug 24We're Not Worried About Renascor Resources' (ASX:RNU) Cash Burn
May 10Is Renascor Resources (ASX:RNU) In A Good Position To Invest In Growth?
Jan 19
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$484k | AU$2m |
| Mar 31 2024 | n/a | n/a | AU$2m |
| Dec 31 2023 | n/a | n/a | AU$2m |
| Sep 30 2023 | n/a | n/a | AU$1m |
| Jun 30 2023 | AU$1m | AU$466k | AU$425k |
| Mar 31 2023 | n/a | n/a | -AU$308k |
| Dec 31 2022 | n/a | n/a | -AU$1m |
| Sep 30 2022 | n/a | n/a | -AU$1m |
| Jun 30 2022 | AU$444k | AU$382k | -AU$1m |
| Mar 31 2022 | n/a | n/a | -AU$1m |
| Dec 31 2021 | n/a | n/a | -AU$1m |
| Sep 30 2021 | n/a | n/a | -AU$1m |
| Jun 30 2021 | AU$372k | AU$297k | -AU$877k |
| Mar 31 2021 | n/a | n/a | -AU$787k |
| Dec 31 2020 | n/a | n/a | -AU$697k |
| Sep 30 2020 | n/a | n/a | -AU$885k |
| Jun 30 2020 | AU$391k | AU$270k | -AU$1m |
| Mar 31 2020 | n/a | n/a | -AU$1m |
| Dec 31 2019 | n/a | n/a | -AU$1m |
| Sep 30 2019 | n/a | n/a | -AU$1m |
| Jun 30 2019 | AU$488k | AU$274k | -AU$1m |
| Mar 31 2019 | n/a | n/a | -AU$1m |
| Dec 31 2018 | n/a | n/a | -AU$2m |
| Sep 30 2018 | n/a | n/a | -AU$2m |
| Jun 30 2018 | AU$312k | AU$274k | -AU$3m |
Compensation vs Market: David's total compensation ($USD739.12K) is above average for companies of similar size in the Australian market ($USD291.28K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Christensen
14.6yrs
Tenure
AU$1,181,783
Compensation
Mr. David E. Christensen serves as the Managing Director and Director at Renascor Resources Limited since May 05, 2010. Mr. Christensen is an experienced mining executive, with recent successful experience...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 14.6yrs | AU$1.18m | 1.28% A$ 1.8m | |
| CFO & Joint Company Secretary | 3.4yrs | no data | no data | |
| Joint Company Secretary | 6.5yrs | AU$120.12k | no data |
6.5yrs
Average Tenure
Experienced Management: RNU's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 14.6yrs | AU$1.18m | 1.28% A$ 1.8m | |
| Non-Executive Director | less than a year | AU$2.15k | 0.0098% A$ 14.0k | |
| Non-Executive Director | 14.3yrs | AU$98.00k | 1.87% A$ 2.7m | |
| Non-Executive Chairman | 8.4yrs | AU$139.46k | 1.96% A$ 2.8m | |
| Non-Executive Director | 14.2yrs | AU$97.62k | no data |
14.2yrs
Average Tenure
Experienced Board: RNU's board of directors are seasoned and experienced ( 14.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:49 |
| End of Day Share Price | 2024/12/20 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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Renascor Resources Limited is covered by 2 analysts. 0 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 | Euroz Hartleys Securities Limited |
| Jon Scholtz | Macquarie Research |