Spartan Resources Management

Management criteria checks 1/4

Spartan Resources' CEO is Simon Lawson, appointed in Nov 2021, has a tenure of 3.17 years. total yearly compensation is A$4.04M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 1.05% of the company’s shares, worth A$18.71M. The average tenure of the management team and the board of directors is 2.1 years and 0.8 years respectively.

Key information

Simon Lawson

Chief executive officer

AU$4.0m

Total compensation

CEO salary percentage9.3%
CEO tenure3.2yrs
CEO ownership1.1%
Management average tenure2.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate

Sep 27
We're Not Very Worried About Spartan Resources' (ASX:SPR) Cash Burn Rate

Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement

Jan 18
Spartan Resources Limited's (ASX:SPR) Low P/S No Reason For Excitement

Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified

Oct 06
Improved Revenues Required Before Spartan Resources Limited (ASX:SPR) Stock's 26% Jump Looks Justified

CEO Compensation Analysis

How has Simon Lawson's remuneration changed compared to Spartan Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$4mAU$375k

-AU$51m

Mar 31 2024n/an/a

-AU$38m

Dec 31 2023n/an/a

-AU$25m

Sep 30 2023n/an/a

-AU$30m

Jun 30 2023AU$929kAU$375k

-AU$35m

Mar 31 2023n/an/a

-AU$61m

Dec 31 2022n/an/a

-AU$86m

Sep 30 2022n/an/a

-AU$84m

Jun 30 2022AU$827kAU$241k

-AU$81m

Compensation vs Market: Simon's total compensation ($USD2.53M) is above average for companies of similar size in the Australian market ($USD1.06M).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


CEO

Simon Lawson (48 yo)

3.2yrs

Tenure

AU$4,036,378

Compensation

Mr. Simon Irwin Lawson, M.Sc. serves as Managing Director, Chief Executive Officer & Executive Director at Spartan Resources Limited (formerly known as Gascoyne Resources Limited) since November 13, 2021 a...


Leadership Team

NamePositionTenureCompensationOwnership
Simon Lawson
MD, CEO & Executive Chairman3.2yrsAU$4.04m1.05%
A$ 18.7m
Tejal Magan
Chief Financial Officer & Joint Company Secretary3.2yrsAU$1.55m0.00081%
A$ 14.4k
Craig Jones
Chief Operating Officerless than a yearAU$405.67kno data
Nicholas Jolly
General Manager of Exploration & Developmentno dataAU$1.05mno data
Graham Gadsby
GM of Murchison Operations & Chief Geologist2.1yrsAU$1.06mno data
David Allan Coyne
Executive Director & Joint Company Secretaryless than a yearAU$687.02k0.011%
A$ 200.0k

2.1yrs

Average Tenure

Experienced Management: SPR's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Lawson
MD, CEO & Executive Chairman3.2yrsAU$4.04m1.05%
A$ 18.7m
David Allan Coyne
Executive Director & Joint Company Secretary3.2yrsAU$687.02k0.011%
A$ 200.0k
Anna Neuling
Independent Non-Executive Directorless than a yearno data0.0079%
A$ 140.6k
Mark Hine
Independent Non-Executive Directorless than a yearno data0.0018%
A$ 31.9k
Deanna Carpenter
Independent Non-Executive Directorless than a yearAU$21.45k0.0028%
A$ 49.9k

0.8yrs

Average Tenure

54yo

Average Age

Experienced Board: SPR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 23:14
End of Day Share Price 2025/01/07 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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Analyst Sources

Spartan Resources Limited is covered by 2 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.

AnalystInstitution
Tim McCormackCanaccord Genuity
Scott WilliamsonEuroz Hartleys Securities Limited