Turaco Gold Management
Management criteria checks 2/4
Turaco Gold's CEO is Justin Tremain, appointed in Dec 2020, has a tenure of 3.42 years. total yearly compensation is A$316.10K, comprised of 83.8% salary and 16.2% bonuses, including company stock and options. directly owns 1.92% of the company’s shares, worth A$2.32M. The average tenure of the management team and the board of directors is 1.6 years and 3.1 years respectively.
Key information
Justin Tremain
Chief executive officer
AU$316.1k
Total compensation
| CEO salary percentage | 83.8% |
| CEO tenure | 3.4yrs |
| CEO ownership | 1.9% |
| Management average tenure | 1.6yrs |
| Board average tenure | 3.1yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$316k | AU$265k | -AU$5m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | n/a | n/a | -AU$5m |
| Mar 31 2023 | n/a | n/a | -AU$8m |
| Dec 31 2022 | AU$314k | AU$260k | -AU$10m |
| Sep 30 2022 | n/a | n/a | -AU$11m |
| Jun 30 2022 | n/a | n/a | -AU$11m |
| Mar 31 2022 | n/a | n/a | -AU$8m |
| Dec 31 2021 | AU$705k | AU$260k | -AU$5m |
| Sep 30 2021 | n/a | n/a | -AU$4m |
| Jun 30 2021 | n/a | n/a | -AU$2m |
| Mar 31 2021 | n/a | n/a | -AU$2m |
| Dec 31 2020 | AU$285k | AU$22k | -AU$1m |
Compensation vs Market: Justin's total compensation ($USD206.56K) is about average for companies of similar size in the Australian market ($USD292.20K).
Compensation vs Earnings: Justin's compensation has increased whilst the company is unprofitable.
CEO
Justin Tremain
3.4yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.4yrs | AU$316.10k | 1.92% A$ 2.3m | |
| CFO & Company Secretary | 1.6yrs | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data |
1.6yrs
Average Tenure
Experienced Management: TCG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.4yrs | AU$316.10k | 1.92% A$ 2.3m | |
| Independent Non-Executive Director | 5.5yrs | AU$40.42k | 0.69% A$ 830.7k | |
| Independent Non-Executive Director | 2.8yrs | AU$44.76k | 0.031% A$ 36.9k | |
| Independent Non-Executive Chairman | 2.8yrs | AU$67.38k | 0.63% A$ 765.3k |
3.1yrs
Average Tenure
Experienced Board: TCG's board of directors are considered experienced (3.1 years average tenure).