Sovereign Metals Management
Management criteria checks 2/4
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$290.00K. The average tenure of the management team and the board of directors is 1.9 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 | 1.9yrs |
Board average tenure | 6yrs |
Recent management updates
Recent updates
We Think Sovereign Metals (ASX:SVM) Can Easily Afford To Drive Business Growth
May 29Here's Why We're Watching Sovereign Metals' (ASX:SVM) Cash Burn Situation
Jun 14Companies 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 19CEO 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$6m |
Compensation vs Market: Frank's total compensation ($USD390.74K) is below average for companies of similar size in the Australian market ($USD649.21K).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
CEO
Frank Eagar (47 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$587.83k | 0.089% A$ 297.5k | |
Head of Project Development | 3.1yrs | AU$561.74k | 0.053% A$ 178.5k | |
Chief Technology Officer of Graphite | less than a year | no data | no data | |
Company Secretary | 3.1yrs | no data | no data |
1.9yrs
Average Tenure
Experienced Management: SVM's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, MD & Director | less than a year | AU$587.83k | 0.089% A$ 297.5k | |
Non-Executive Director | 2.3yrs | AU$199.77k | no data | |
Non-Executive Director | 17.9yrs | AU$39.78k | 2.86% A$ 9.6m | |
Non-Executive Director | 17.9yrs | AU$133.81k | 0.46% A$ 1.6m | |
Non-Executive Director | 8.4yrs | AU$763.64k | 2.41% A$ 8.1m | |
Non-Executive Chairman | 3.7yrs | AU$392.05k | 0.29% A$ 958.0k |
6.0yrs
Average Tenure
53yo
Average Age
Experienced Board: SVM's board of directors are considered experienced (6 years average tenure).