Summit Minerals Management
Management criteria checks 0/4
Summit Minerals' CEO is Gower He, appointed in Oct 2023, has a tenure of 1.08 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$193.29K. The average tenure of the management team and the board of directors is 0.8 years and 0.9 years respectively.
Key information
Gower He
Chief executive officer
AU$636.5k
Total compensation
| CEO salary percentage | 32.2% |
| CEO tenure | 1.1yrs |
| 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$5m |
Compensation vs Market: Gower's total compensation ($USD413.63K) is above average for companies of similar size in the Australian market ($USD297.81K).
Compensation vs Earnings: Insufficient data to compare Gower's compensation with company performance.
CEO
Gower He
1.1yrs
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 | 1.1yrs | AU$636.50k | 1.42% A$ 193.3k | |
| Chief Geologist | less than a year | AU$200.86k | no data | |
| CFO & Company Secretary | less than a year | no data | no data | |
| Exploration Director | 1.4yrs | 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$636.50k | 1.42% A$ 193.3k | |
| Independent Non-Executive Director | less than a year | no data | 0.16% A$ 22.2k | |
| Independent Non-Executive Chairman | 2.8yrs | AU$847.84k | 0.93% A$ 126.0k | |
| Independent Non-Executive Director | less than a year | AU$877.54k | 1.24% A$ 168.0k |
0.9yrs
Average Tenure
Experienced Board: SUM's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.