Vanadium Resources Management
Management criteria checks 2/4
Vanadium Resources' CEO is John Ciganek, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is A$549.69K, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth A$95.33K. The average tenure of the management team and the board of directors is 1.7 years and 4.4 years respectively.
Key information
John Ciganek
Chief executive officer
AU$549.7k
Total compensation
| CEO salary percentage | 21.9% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.7yrs |
| Board average tenure | 4.4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$3m |
| Sep 30 2023 | n/a | n/a | -AU$3m |
| Jun 30 2023 | AU$550k | AU$120k | -AU$2m |
| Mar 31 2023 | n/a | n/a | -AU$2m |
| Dec 31 2022 | n/a | n/a | -AU$1m |
| Sep 30 2022 | n/a | n/a | -AU$1m |
| Jun 30 2022 | AU$64k | n/a | -AU$2m |
| Mar 31 2022 | n/a | n/a | -AU$1m |
| Dec 31 2021 | n/a | n/a | -AU$1m |
| Sep 30 2021 | n/a | n/a | -AU$927k |
| Jun 30 2021 | AU$19k | n/a | -AU$583k |
Compensation vs Market: John's total compensation ($USD361.49K) is about average for companies of similar size in the Australian market ($USD295.42K).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
CEO
John Ciganek
1.3yrs
Tenure
AU$549,685
Compensation
Mr. John Ciganek, BA. Mining Eng., MBA, serves as Non-Executive Director at Calidus Resources Limited since January 4, 2021. He joined Calidus Resources Limited on January 4, 2021. He served as Non-Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.8yrs | AU$97.59k | 8.16% A$ 2.0m | |
| MD & CEO | 1.3yrs | AU$549.69k | 0.41% A$ 102.3k | |
| Chief Financial Officer | less than a year | no data | no data | |
| General Manager of Operations | 1.3yrs | no data | no data | |
| Company Secretary | 4.3yrs | no data | no data | |
| Consultant | 4.8yrs | AU$5.00k | no data |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Management: VR8's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.8yrs | AU$97.59k | 8.16% A$ 2.0m | |
| MD & CEO | 3.4yrs | AU$549.69k | 0.41% A$ 102.3k | |
| Independent Non-Executive Director | 4.4yrs | AU$78.64k | 2.98% A$ 735.9k |
4.4yrs
Average Tenure
Experienced Board: VR8's board of directors are considered experienced (4.4 years average tenure).