MetalsGrove Mining Management
Management criteria checks 1/4
MetalsGrove Mining's CEO is Sean Sivasamy, appointed in Nov 2021, has a tenure of 2.58 years. total yearly compensation is A$435.43K, comprised of 62% salary and 38% bonuses, including company stock and options. directly owns 6.08% of the company’s shares, worth A$288.45K. The average tenure of the management team and the board of directors is 1.9 years and 1.3 years respectively.
Key information
Sean Sivasamy
Chief executive officer
AU$435.4k
Total compensation
| CEO salary percentage | 62.0% |
| CEO tenure | 2.6yrs |
| CEO ownership | 6.1% |
| Management average tenure | 1.9yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$885k |
| Sep 30 2023 | n/a | n/a | -AU$878k |
| Jun 30 2023 | AU$435k | AU$270k | -AU$871k |
| Jun 30 2022 | AU$40k | n/a | -AU$971k |
Compensation vs Market: Sean's total compensation ($USD288.04K) is about average for companies of similar size in the Australian market ($USD295.85K).
Compensation vs Earnings: Sean's compensation has increased whilst the company is unprofitable.
CEO
Sean Sivasamy
2.6yrs
Tenure
AU$435,429
Compensation
Mr. Anbarasan Sivasamy, also known as Sean, MAusIMM, served as a Managing Director, Chief Executive Officer and Director at MetalsGrove Mining Limited since November 26, 2021 until April 15, 2024 and serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.6yrs | AU$435.43k | 6.08% A$ 288.5k | |
| CEO, MD & Non-Executive Director | less than a year | no data | 4.74% A$ 225.0k | |
| CFO & Company Secretary | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
Experienced Management: MGA's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.6yrs | AU$435.43k | 6.08% A$ 288.5k | |
| CEO, MD & Non-Executive Director | less than a year | no data | 4.74% A$ 225.0k | |
| Independent Non-Executive Chairman | 2.5yrs | AU$80.80k | no data | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 2.4yrs | AU$108.33k | 10.11% A$ 479.7k | |
| Alternate Non-Executive Director | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Board: MGA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.