Summit Minerals Management
Management criteria checks 0/4
Summit Minerals' CEO is Gower He, appointed in Oct 2023, has a tenure of 1.17 years. total yearly compensation is A$636.50K, comprised of 32.2% salary and 67.8% bonuses, including company stock and options. directly owns 1.42% of the company’s shares, worth A$151.00K. The average tenure of the management team and the board of directors is 0.8 years and 0.8 years respectively.
Key information
Gower He
Chief executive officer
AU$636.5k
Total compensation
| CEO salary percentage | 32.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 1.4% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$637k | AU$205k | -AU$5m |
Compensation vs Market: Gower's total compensation ($USD396.72K) is above average for companies of similar size in the Australian market ($USD289.43K).
Compensation vs Earnings: Insufficient data to compare Gower's compensation with company performance.
CEO
Gower He
1.2yrs
Tenure
AU$636,501
Compensation
Mr. Jiahe He, also known as Gower, serves as Director of Summit Minerals Limited since February 07, 2024. He served as Chief Executive Officer of Equinox Resources Limited since January 9, 2023 until Septe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.2yrs | AU$636.50k | 1.42% A$ 151.0k | |
| Chief Geologist | less than a year | AU$200.86k | no data | |
| CFO & Company Secretary | less than a year | no data | no data | |
| Exploration Director | 1.5yrs | AU$260.44k | no data |
0.8yrs
Average Tenure
Experienced Management: SUM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | less than a year | AU$636.50k | 1.42% A$ 151.0k | |
| Independent Non-Executive Director | less than a year | no data | 0.16% A$ 17.4k | |
| Independent Non-Executive Chairman | 2.8yrs | AU$847.84k | 0.93% A$ 98.4k |
0.8yrs
Average Tenure
Experienced Board: SUM's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 15:47 |
| End of Day Share Price | 2024/12/24 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 |
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| 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
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Analyst Sources
Summit Minerals Limited is covered by 0 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 |
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