Sovereign Metals Management
Management criteria checks 3/4
Sovereign Metals' CEO is Frank Eagar, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is A$587.83K, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth A$250.00K. The average tenure of the management team and the board of directors is 3 years and 6 years respectively.
Key information
Frank Eagar
Chief executive officer
AU$587.8k
Total compensation
| CEO salary percentage | 37.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | 3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Here's Why We're Watching Sovereign Metals' (ASX:SVM) Cash Burn Situation
Jun 14
Companies Like Sovereign Metals (ASX:SVM) Are In A Position To Invest In Growth
Jan 28We Think Sovereign Metals (ASX:SVM) Needs To Drive Business Growth Carefully
Sep 28Will Sovereign Metals (ASX:SVM) Spend Its Cash Wisely?
May 11Here's Why We're Not Too Worried About Sovereign Metals' (ASX:SVM) Cash Burn Situation
Jan 23We Think Sovereign Metals (ASX:SVM) Needs To Drive Business Growth Carefully
Aug 26We're Keeping An Eye On Sovereign Metals' (ASX:SVM) Cash Burn Rate
May 12Is Sovereign Metals (ASX:SVM) In A Good Position To Invest In Growth?
Jan 19
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$4m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | AU$588k | AU$218k | -AU$6m |
Compensation vs Market: Frank's total compensation ($USD380.42K) is below average for companies of similar size in the Australian market ($USD631.42K).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
CEO
Frank Eagar (46 yo)
less than a year
Tenure
AU$587,829
Compensation
Mr. Francis John Eagar, B.Com, CA, also known as Frank, served as General Manager of Africa at Sovereign Metals Limited since November 30, 2022 until October 20, 2023 & serves as it's Managing Director and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | less than a year | AU$587.83k | 0.089% A$ 250.0k | |
| Head of Project Development | 3yrs | AU$561.74k | 0.053% A$ 150.0k | |
| Company Secretary | 3yrs | no data | no data |
3.0yrs
Average Tenure
Experienced Management: SVM's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | less than a year | AU$587.83k | 0.089% A$ 250.0k | |
| Non-Executive Director | 2.3yrs | AU$199.77k | no data | |
| Non-Executive Director | 17.8yrs | AU$39.78k | 2.86% A$ 8.0m | |
| Non-Executive Director | 17.8yrs | AU$133.81k | 0.46% A$ 1.3m | |
| Non-Executive Director | 8.3yrs | AU$763.64k | 2.41% A$ 6.8m | |
| Non-Executive Chairman | 3.6yrs | AU$392.05k | 0.29% A$ 805.0k |
6.0yrs
Average Tenure
52yo
Average Age
Experienced Board: SVM's board of directors are considered experienced (6 years average tenure).