Westgold Resources Management
Management criteria checks 3/4
Westgold Resources' CEO is Wayne Bramwell, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is A$1.03M, comprised of 54.2% salary and 45.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth A$88.45K. The average tenure of the management team and the board of directors is 2 years and 2.5 years respectively.
Key information
Wayne Bramwell
Chief executive officer
AU$1.0m
Total compensation
| CEO salary percentage | 54.2% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.008% |
| Management average tenure | 2yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Investors Aren't Buying Westgold Resources Limited's (ASX:WGX) Revenues
Feb 07
Here's Why I Think Westgold Resources (ASX:WGX) Is An Interesting Stock
Oct 09Can You Imagine How Westgold Resources' (ASX:WGX) Shareholders Feel About The 64% Share Price Increase?
Dec 09
Should Weakness in Westgold Resources Limited's (ASX:WGX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$65m |
| Sep 30 2023 | n/a | n/a | AU$37m |
| Jun 30 2023 | AU$1m | AU$559k | AU$10m |
| Mar 31 2023 | n/a | n/a | -AU$66m |
| Dec 31 2022 | n/a | n/a | -AU$142m |
| Sep 30 2022 | n/a | n/a | -AU$127m |
| Jun 30 2022 | AU$697k | AU$419k | -AU$111m |
| Mar 31 2022 | n/a | n/a | -AU$31m |
| Dec 31 2021 | n/a | n/a | AU$49m |
| Sep 30 2021 | n/a | n/a | AU$63m |
| Jun 30 2021 | AU$248k | n/a | AU$77m |
| Mar 31 2021 | n/a | n/a | AU$75m |
| Dec 31 2020 | n/a | n/a | AU$72m |
| Sep 30 2020 | n/a | n/a | AU$54m |
| Jun 30 2020 | AU$37k | n/a | AU$35m |
Compensation vs Market: Wayne's total compensation ($USD673.12K) is below average for companies of similar size in the Australian market ($USD1.01M).
Compensation vs Earnings: Wayne's compensation has been consistent with company performance over the past year.
CEO
Wayne Bramwell (57 yo)
1.9yrs
Tenure
AU$1,032,698
Compensation
Mr. Wayne Christopher Bramwell, B. Sc. (Mineral Science - Extractive Metallurgy), Grad Dip Bus, M. Sc. (Mineral Economics), GAICD, serves as Managing Director of Westgold Resources Limited since May 24, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 1.9yrs | AU$1.03m | 0.0084% A$ 88.4k | |
| Chief Financial Officer | 2.7yrs | AU$710.06k | 0.0042% A$ 44.2k | |
| Chief Operating Officer | 1.9yrs | AU$887.05k | 0.0050% A$ 52.8k | |
| Chief Geologist | 7.3yrs | AU$287.35k | no data | |
| Company Secretary | 2yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Management: WGX's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 4.2yrs | AU$1.03m | 0.0084% A$ 88.4k | |
| Independent Non-Executive Director | 2.1yrs | AU$104.98k | 0.024% A$ 249.0k | |
| Independent Non-Executive Director | 7.5yrs | AU$104.98k | 0.092% A$ 962.6k | |
| Independent Non-Executive Director | 1.4yrs | AU$68.41k | no data | |
| Independent Non-Executive Director | 2.8yrs | AU$104.98k | no data | |
| Independent Non-Executive Chairman | 2.1yrs | AU$193.38k | 0.0013% A$ 13.5k |
2.5yrs
Average Tenure
58yo
Average Age
Experienced Board: WGX's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.