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 percentage | 83.8% |
| CEO tenure | 3.9yrs |
| CEO ownership | 1.5% |
| Management average tenure | less than a year |
| Board average tenure | 3.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -AU$9m |
| Mar 31 2024 | n/a | n/a | -AU$7m |
| 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$1m |
Compensation vs Market: Justin's total compensation ($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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.9yrs | AU$316.10k | 1.48% A$ 3.9m | |
| CFO & Company Secretary | no data | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Geologist | less than a year | no data | no data | |
| Exploration Manager | less than a year | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.9yrs | AU$316.10k | 1.48% A$ 3.9m | |
| Independent Non-Executive Director | 6yrs | AU$40.42k | 0.53% A$ 1.4m | |
| Independent Non-Executive Chairman | 3.3yrs | AU$67.38k | 0.49% A$ 1.3m | |
| Independent Non-Executive Director | 3.3yrs | AU$44.76k | 0.024% A$ 62.2k |
3.6yrs
Average Tenure
Experienced Board: TCG's board of directors are considered experienced (3.6 years average tenure).