Midas Minerals Management

Management criteria checks 3/4

Midas Minerals' CEO is Mark Calderwood, appointed in Jul 2022, has a tenure of 2.33 years. total yearly compensation is A$583.64K, comprised of 51.9% salary and 48.1% bonuses, including company stock and options. directly owns 6.94% of the company’s shares, worth A$559.20K. The average tenure of the management team and the board of directors is 2.1 years and 3.4 years respectively.

Key information

Mark Calderwood

Chief executive officer

AU$583.6k

Total compensation

CEO salary percentage51.9%
CEO tenure2.3yrs
CEO ownership6.9%
Management average tenure2.1yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Calderwood's remuneration changed compared to Midas Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-AU$7m

Mar 31 2024n/an/a

-AU$6m

Dec 31 2023AU$584kAU$303k

-AU$5m

Sep 30 2023n/an/a

-AU$4m

Jun 30 2023n/an/a

-AU$3m

Mar 31 2023n/an/a

-AU$2m

Dec 31 2022AU$409kAU$233k

-AU$2m

Sep 30 2022n/an/a

-AU$1m

Jun 30 2022n/an/a

-AU$1m

Mar 31 2022n/an/a

-AU$1m

Dec 31 2021AU$281kAU$209k

-AU$1m

Compensation vs Market: Mark's total compensation ($USD379.28K) is about average for companies of similar size in the Australian market ($USD298.55K).

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


CEO

Mark Calderwood (57 yo)

2.3yrs

Tenure

AU$583,636

Compensation

Mr. Mark Andrew Calderwood, CP AusIMM, serves as Board Advisor of Cygnus Metals Limited (formerly known as Cygnus Gold Limited) since September 2022. He is Director at Midas Minerals Ltd from July 01, 2022...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Calderwood
MD & Director2.3yrsAU$583.64k6.94%
A$ 559.2k
Carl Travaglini
Chief Financial Officer2.1yrsAU$85.00k0.20%
A$ 16.3k
Maddison Cramer
Joint Company Secretary2.2yrsno datano data
Marie Forsyth
Joint Company Secretaryless than a yearno datano data

2.1yrs

Average Tenure

Experienced Management: MM1's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Calderwood
MD & Director2.3yrsAU$583.64k6.94%
A$ 559.2k
Michael Wilson
Non-Executive Director3.4yrsAU$225.67k1.46%
A$ 117.3k
Sara Kelly
Independent Non-Executive Chairman3.4yrsAU$236.74k1.25%
A$ 100.6k

3.4yrs

Average Tenure

Experienced Board: MM1's board of directors are considered experienced (3.4 years average tenure).