WA Kaolin Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Alf Baker

Chief executive officer

AU$207.7k

Total compensation

CEO salary percentage	100.0%
CEO tenure	less than a year
CEO ownership	12.6%
Management average tenure	no data
Board average tenure	less than a year

Recent management updates

Recent updates

Health Check: How Prudently Does WA Kaolin (ASX:WAK) Use Debt?

Mar 22

CEO Compensation Analysis

How has Alf Baker's remuneration changed compared to WA Kaolin's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$7m
Sep 30 2023	n/a	n/a	-AU$5m
Jun 30 2023	n/a	AU$208k	-AU$4m
Mar 31 2023	n/a	n/a	-AU$5m
Dec 31 2022	n/a	n/a	-AU$6m
Sep 30 2022	n/a	n/a	-AU$7m
Jun 30 2022	AU$1m	AU$315k	-AU$8m
Mar 31 2022	n/a	n/a	-AU$7m
Dec 31 2021	n/a	n/a	-AU$7m
Sep 30 2021	n/a	n/a	-AU$14m
Jun 30 2021	AU$2m	AU$182k	-AU$21m
Mar 31 2021	n/a	n/a	-AU$21m
Dec 31 2020	n/a	n/a	-AU$21m
Sep 30 2020	n/a	n/a	-AU$13m
Jun 30 2020	AU$201k	AU$144k	-AU$5m
Jun 30 2019	AU$211k	AU$144k	-AU$1m
Jun 30 2018	AU$180k	AU$180k	-AU$2m

Compensation vs Market: Alf's total compensation ($USD136.70K) is below average for companies of similar size in the Australian market ($USD294.64K).

Compensation vs Earnings: Alf's compensation has been consistent with company performance over the past year.

CEO

Alf Baker (72 yo)

less than a year

Tenure

Mr. Alfred Baker, also known as Alf, is an Executive Director at WA Kaolin Limited and serves as its Managing Director from December 2023. He is a Co-Founder of WA Kaolin Limited and has an engineering bac...

Board Members

Name	Position	Tenure	Compensation	Ownership
Alfred Baker	Co-Founder	no data	no data	12.6% A$ 2.7m
Kenneth Hall	Non-Executive Director	less than a year	no data	13.13% A$ 2.8m
John White	Independent Non-Executive Chairman	4yrs	AU$79.56k	no data
Cameron Baker	Alternate Director	3.8yrs	no data	no data
Brady Hall	Alternate Director	less than a year	no data	0.083% A$ 17.5k
Sean Hu	Non-Executive Director	less than a year	no data	no data

0.4yrs

Average Tenure

70yo

Average Age

Experienced Board: WAK's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.

WA Kaolin Management

Management criteria checks 2/4

Key information

Recent management updates

Andrew Sorensen Will Move from CEO to Director, Sales & Marketing of WA Kaolin Limited

WA Kaolin Limited Announces Board Changes, Effective 1 December 2023

Insufficient new directors

WA Kaolin Ltd Announces Mr. Pat Walta Resigs as Non- Executive Director

WA Kaolin Limited, Annual General Meeting, Nov 24, 2023

High number of new and inexperienced directors

Recent updates

WA Kaolin Limited has filed a Follow-on Equity Offering in the amount of AUD 7.00233 million.

New minor risk - Share price stability

Health Check: How Prudently Does WA Kaolin (ASX:WAK) Use Debt?

First half 2024 earnings released: AU$0.015 loss per share (vs AU$0.007 loss in 1H 2023)

New major risk - Financial position

Andrew Sorensen Will Move from CEO to Director, Sales & Marketing of WA Kaolin Limited

WA Kaolin Limited Announces Board Changes, Effective 1 December 2023

Insufficient new directors

WA Kaolin Ltd Announces Mr. Pat Walta Resigs as Non- Executive Director

WA Kaolin Limited, Annual General Meeting, Nov 24, 2023

Full year 2023 earnings released: AU$0.01 loss per share (vs AU$0.025 loss in FY 2022)

First half 2023 earnings released

WA Kaolin Limited has completed a Follow-on Equity Offering in the amount of AUD 5 million.

High number of new and inexperienced directors

High number of new and inexperienced directors

WA Kaolin Limited Auditor Raises 'Going Concern' Doubt

Full year 2022 earnings released: AU$0.025 loss per share (vs AU$0.093 loss in FY 2021)

WA Kaolin Limited, Annual General Meeting, Nov 18, 2022

WA Kaolin Limited Announces Resignation of Non-Executive Directors

WA Kaolin Ltd Provides an Update on Commissioning of the Processing Plant At Wickepin Kaolin Project

WA Kaolin Limited Provides Operational Update Approaches the Commencement of Stage 1 Production at the Wickepin Kaolin Project

WA Kaolin Limited Advises of the Practical Completion of the Processing Plant At the Wickepin Kaolin Project

High number of new and inexperienced directors

WA Kaolin Limited Provides Operational Update

WA Kaolin Limited has completed a Follow-on Equity Offering in the amount of AUD 6.1 million.

WA Kaolin to Appoint Rod Baxter as Non-Executive Director to the Board Effective Mid-March 2022

Wa Kaolin Ltd Provides Update on Its Recent Activities at its Wickepin Kaolin Project, 220Km South-East of Perth, WA, Where Installation and Pre-Commissioning Is Underway on Stage 1 of its Processing Plant

High number of new and inexperienced directors

Wa Kaolin Limited Announces Commencement of Building Works At the Company's Wholly Owned Wickepin Kaolin Project

CEO Compensation Analysis

CEO

Tenure

Board Members

Average Tenure

Average Age