Turaco Gold Management

Management criteria checks 2/4

Turaco Gold's CEO is Justin Tremain, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is A$316.10K, comprised of 83.8% salary and 16.2% bonuses, including company stock and options. directly owns 1.48% of the company’s shares, worth A$3.91M. The average tenure of the management team and the board of directors is 0.8 years and 3.6 years respectively.

Key information

Justin Tremain

Chief executive officer

AU$316.1k

Total compensation

CEO salary percentage83.8%
CEO tenure3.9yrs
CEO ownership1.5%
Management average tenureless than a year
Board average tenure3.6yrs

Recent management updates

Recent updates

Turaco Gold (ASX:TCG) Is In A Good Position To Deliver On Growth Plans

Apr 02
Turaco Gold (ASX:TCG) Is In A Good Position To Deliver On Growth Plans

Can Turaco Gold (ASX:TCG) Afford To Invest In Growth?

Nov 16
Can Turaco Gold (ASX:TCG) Afford To Invest In Growth?

Manas Resources Limited (ASX:MSR) Insiders Increased Their Holdings

Jan 24
Manas Resources Limited (ASX:MSR) Insiders Increased Their Holdings

CEO Compensation Analysis

How has Justin Tremain's remuneration changed compared to Turaco Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-AU$9m

Mar 31 2024n/an/a

-AU$7m

Dec 31 2023AU$316kAU$265k

-AU$5m

Sep 30 2023n/an/a

-AU$5m

Jun 30 2023n/an/a

-AU$5m

Mar 31 2023n/an/a

-AU$8m

Dec 31 2022AU$314kAU$260k

-AU$10m

Sep 30 2022n/an/a

-AU$11m

Jun 30 2022n/an/a

-AU$11m

Mar 31 2022n/an/a

-AU$8m

Dec 31 2021AU$705kAU$260k

-AU$5m

Sep 30 2021n/an/a

-AU$4m

Jun 30 2021n/an/a

-AU$2m

Mar 31 2021n/an/a

-AU$2m

Dec 31 2020AU$285kAU$22k

-AU$1m

Compensation vs Market: Justin's total compensation ($USD205.40K) is below average for companies of similar size in the Australian market ($USD704.46K).

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


CEO

Justin Tremain

3.9yrs

Tenure

AU$316,104

Compensation

Mr. Justin Albert Tremain, B. Com. served as Non-Executive Director since July 06, 2020 until November 18, 2021. He serves as Managing Director, CEO and Director at Turaco Gold Limited (formerly known as M...


Leadership Team

NamePositionTenureCompensationOwnership
Justin Tremain
MD, CEO & Director3.9yrsAU$316.10k1.48%
A$ 3.9m
Benjamin Larkin
CFO & Company Secretaryno datano datano data
Rob Seed
Chief Operating Officerless than a yearno datano data
Elliot Grant
Chief Geologistless than a yearno datano data
Daouda Zombo
Exploration Managerless than a yearno datano data

0.8yrs

Average Tenure

Experienced Management: TCG's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Justin Tremain
MD, CEO & Director3.9yrsAU$316.10k1.48%
A$ 3.9m
Alan Campbell
Independent Non-Executive Director6yrsAU$40.42k0.53%
A$ 1.4m
John Fitzgerald
Independent Non-Executive Chairman3.3yrsAU$67.38k0.49%
A$ 1.3m
Bruce Mowat
Independent Non-Executive Director3.3yrsAU$44.76k0.024%
A$ 62.2k

3.6yrs

Average Tenure

Experienced Board: TCG's board of directors are considered experienced (3.6 years average tenure).