Empire Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sean Richardson

Chief executive officer

AU$244.2k

Total compensation

CEO salary percentage	90.1%
CEO tenure	5.2yrs
CEO ownership	2.1%
Management average tenure	no data
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sean Richardson's remuneration changed compared to Empire Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$244k	AU$220k	-AU$985k
Mar 31 2024	n/a	n/a	-AU$1m
Dec 31 2023	n/a	n/a	-AU$1m
Sep 30 2023	n/a	n/a	-AU$1m
Jun 30 2023	AU$243k	AU$220k	-AU$1m
Mar 31 2023	n/a	n/a	-AU$2m
Dec 31 2022	n/a	n/a	-AU$2m
Sep 30 2022	n/a	n/a	-AU$2m
Jun 30 2022	AU$240k	AU$218k	-AU$3m
Mar 31 2022	n/a	n/a	-AU$4m
Dec 31 2021	n/a	n/a	-AU$5m
Sep 30 2021	n/a	n/a	-AU$3m
Jun 30 2021	AU$259k	AU$200k	-AU$1m
Mar 31 2021	n/a	n/a	AU$132k
Dec 31 2020	n/a	n/a	AU$1m
Sep 30 2020	n/a	n/a	AU$882k
Jun 30 2020	AU$244k	AU$198k	AU$422k

Compensation vs Market: Sean's total compensation ($USD167.96K) is below average for companies of similar size in the Australian market ($USD310.93K).

Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.

CEO

Sean Richardson

5.2yrs

Tenure

AU$244,200

Compensation

Mr. Sean David Richardson, MBA, MSc (Curtin), serves as Director of Empire Resources Limited and serves as its Managing Director since July 4, 2019. Mr. Richardson had been Chief Operating Officer at Bardo...

Board Members

Name	Position	Tenure	Compensation	Ownership
Sean Richardson	MD & Director	no data	AU$244.20k	2.07% A$ 92.0k
Michael Ruane	Non-Executive Chairman	5.9yrs	AU$36.00k	17.38% A$ 773.5k
Colin McCavana	Non-Executive Director	less than a year	no data	no data
Jeremy Atkinson	Non Executive Director	5.9yrs	AU$36.00k	1.32% A$ 58.6k

5.9yrs

Average Tenure

Experienced Board: ERL's board of directors are considered experienced (5.9 years average tenure).

Empire Resources Management

Management criteria checks 2/4

Key information

Recent management updates

No independent directors

Empire Resources Limited Appoints Colin McCavana as Non-Executive Director

No independent directors

No independent directors

No independent directors

No independent directors

Recent updates

New major risk - Financial position

No independent directors

Empire Resources Limited Appoints Colin McCavana as Non-Executive Director

New minor risk - Shareholder dilution

Empire Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.741957 million.

Empire Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.741957 million.

No independent directors

New minor risk - Financial data availability

No independent directors

No independent directors

No independent directors

Empire Resources Limited, Annual General Meeting, Nov 30, 2023

No independent directors

No independent directors

Empire Resources Limited Commences A Circa 3,500M Aircore (AC) Drilling Campaign At its 100% Owned Penny's Gold Project 45Km East of Kalgoorlie in Western Australia

No independent directors

Great Boulder Resources Limited (ASX:GBR) acquired 61km2 exploration licence at Gnaweeda from Empire Resources Limited (ASX:ERL) for AUD 0.01 million.

No independent directors

Empire Resources Limited Reports Pennys Gold Project Aircore Drilling Results

Empire Resources Limited, Annual General Meeting, Nov 11, 2022

Empire Resources Announces Drilling Commences at Pennys Gold Project

Empire Resources Completes Four Hole Diamond Drilling Campaign for 1,612M at its Yuinmery Project

Empire Resources Limited Announces Further Massive Sulphides At Smiths Well Prospect

Non-Executive Chairman recently bought AU$51k worth of stock

Empire Resources Announces Assay Results from Yuinmery Project

No independent directors

Empire Resources Limited Announces Strong DHEM Responses at Smiths Well

Non-Executive Chairman recently bought AU$63k worth of stock

Empire Resources Limited Announces Assay Results from Smiths Well

Empire Resources Limited Announces Massive Sulphides at Smiths Well Prospect

Empire Resources Announces Sulphides Intersected at Yuinmery YT01 Prospect

Empire Resources Limited Announces Extensive Copper & Nickel Soil Anomalism at its Wholly Owned Nanadie Project in Western Australia

No independent directors

Non-Executive Chairman recently bought AU$302k worth of stock

No independent directors

Empire Resources Announces the Commencement of Exploration Activities on Its Wholly Owned Nanadie Copper-Gold Project in Western Australia

Empire Resources Provides Excellent Results from Yuinmery Drilling

Empire Resources Limited Announces the Aircore Drilling Has Intersected Encouraging Zones of Cu, Au and Ni Mineralization at its Yuinmery Base Metals Project in Western Australia

Empire Resources Limited Provides Update on Widespread Gold Mineralisation in Aircore Drilling at Penny's

Empire Resources Limited announced that it expects to receive AUD 1.307596 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure