Vanadium Resources Limited

ASX:VR8 Stock Report

Market Cap: AU$24.7m

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 percentage21.9%
CEO tenure1.3yrs
CEO ownership0.4%
Management average tenure1.7yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

We Think Vanadium Resources (ASX:VR8) Can Easily Afford To Drive Business Growth

Oct 13
We Think Vanadium Resources (ASX:VR8) Can Easily Afford To Drive Business Growth

Have Insiders Been Buying Vanadium Resources Limited (ASX:VR8) Shares This Year?

Dec 16
Have Insiders Been Buying Vanadium Resources Limited (ASX:VR8) Shares This Year?

CEO Compensation Analysis

How has John Ciganek's remuneration changed compared to Vanadium Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$3m

Sep 30 2023n/an/a

-AU$3m

Jun 30 2023AU$550kAU$120k

-AU$2m

Mar 31 2023n/an/a

-AU$2m

Dec 31 2022n/an/a

-AU$1m

Sep 30 2022n/an/a

-AU$1m

Jun 30 2022AU$64kn/a

-AU$2m

Mar 31 2022n/an/a

-AU$1m

Dec 31 2021n/an/a

-AU$1m

Sep 30 2021n/an/a

-AU$927k

Jun 30 2021AU$19kn/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

NamePositionTenureCompensationOwnership
Jurie Wessels
Executive Chairman4.8yrsAU$97.59k8.16%
A$ 2.0m
John Ciganek
MD & CEO1.3yrsAU$549.69k0.41%
A$ 102.3k
Timothy Feather
Chief Financial Officerless than a yearno datano data
Alex Oehmen
General Manager of Operations1.3yrsno datano data
Kyla Garic
Company Secretary4.3yrsno datano data
Luigi Matteucci
Consultant4.8yrsAU$5.00kno 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

NamePositionTenureCompensationOwnership
Jurie Wessels
Executive Chairman4.8yrsAU$97.59k8.16%
A$ 2.0m
John Ciganek
MD & CEO3.4yrsAU$549.69k0.41%
A$ 102.3k
Michael Davy
Independent Non-Executive Director4.4yrsAU$78.64k2.98%
A$ 735.9k

4.4yrs

Average Tenure

Experienced Board: VR8's board of directors are considered experienced (4.4 years average tenure).


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