Minerals 260 Management
Management criteria checks 1/4
Minerals 260's CEO is Luke McFadyen, appointed in Jul 2023, has a tenure of 1.5 years. total yearly compensation is A$1.43M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth A$47.88K. The average tenure of the management team and the board of directors is 1.5 years and 3.4 years respectively.
Key information
Luke McFadyen
Chief executive officer
AU$1.4m
Total compensation
| CEO salary percentage | 24.4% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$350k | -AU$8m |
Compensation vs Market: Luke's total compensation ($USD893.56K) is above average for companies of similar size in the Australian market ($USD285.80K).
Compensation vs Earnings: Insufficient data to compare Luke's compensation with company performance.
CEO
Luke McFadyen
1.5yrs
Tenure
AU$1,433,711
Compensation
Mr. Luke McFadyen, FAusIMM, M.Sc., M.B.A., B.Com., B.Sc., serves as Managing Director of Minerals 260 Limited since November 01, 2023 and served as Chief Executive Officer since July 01, 2023 until Novembe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.5yrs | AU$1.43m | 0.16% A$ 47.9k | |
| CFO & Company Secretary | no data | no data | no data | |
| Exploration Manager | 2yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Management: MI6's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | no data | AU$1.43m | 0.16% A$ 47.9k | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 3.6yrs | AU$412.51k | 0.88% A$ 269.1k | |
| Non-Executive Chairman | 3.6yrs | AU$197.54k | 13.32% A$ 4.1m | |
| Independent Non-Executive Director | 3.2yrs | AU$197.54k | 0.28% A$ 84.5k |
3.4yrs
Average Tenure
63yo
Average Age
Experienced Board: MI6's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 23:51 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Minerals 260 Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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