Nickel Industries Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Justin Werner

Chief executive officer

US$617.9k

Total compensation

CEO salary percentage	94.3%
CEO tenure	11.8yrs
CEO ownership	0.8%
Management average tenure	3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Justin Werner's remuneration changed compared to Nickel Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$618k	US$583k	US$122m
Sep 30 2023	n/a	n/a	US$108m
Jun 30 2023	n/a	n/a	US$94m
Mar 31 2023	n/a	n/a	US$126m
Dec 31 2022	US$563k	US$563k	US$159m
Sep 30 2022	n/a	n/a	US$162m
Jun 30 2022	n/a	n/a	US$165m
Mar 31 2022	n/a	n/a	US$151m
Dec 31 2021	US$432k	US$432k	US$138m
Sep 30 2021	n/a	n/a	US$145m
Jun 30 2021	n/a	n/a	US$152m
Mar 31 2021	n/a	n/a	US$131m
Dec 31 2020	US$404k	US$404k	US$111m
Dec 31 2019	US$359k	US$179k	US$113m
Jun 30 2019	n/a	n/a	US$66m
Mar 31 2019	n/a	n/a	US$31m
Dec 31 2018	n/a	n/a	-US$4m
Sep 30 2018	n/a	n/a	-US$4m
Jun 30 2018	US$132k	US$132k	-US$3m
Jun 30 2017	US$115k	US$115k	-US$4m

Compensation vs Market: Justin's total compensation ($USD617.86K) is below average for companies of similar size in the Australian market ($USD2.18M).

Compensation vs Earnings: Justin's compensation has been consistent with company performance over the past year.

CEO

Justin Werner (49 yo)

11.8yrs

Tenure

US$617,858

Compensation

Mr. Justin Charles Werner was a Non-Executive Director at Alpha HPA Limited (formerly known as Collerina Cobalt Limited) since December 23, 2010 until November 02, 2023. He serves as Non-Executive Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Norman Seckold	Executive Chairman	16.7yrs	US$272.63k	2.65% $ 109.7m
Justin Werner	MD & Director	no data	US$617.86k	0.76% $ 31.5m
Christopher Shepherd	CFO & Executive Director	2.5yrs	US$435.10k	0.0014% $ 55.8k
Fanfan Zhao	Chief Development Officer	3.5yrs	no data	no data
- Muchtazar	Sustainability Manager	no data	no data	no data
Richard Edwards	Company Secretary	12.2yrs	no data	no data

3.0yrs

Average Tenure

Experienced Management: NIC's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Norman Seckold	Executive Chairman	16.7yrs	US$272.63k	2.65% $ 109.7m
Justin Werner	MD & Director	11.8yrs	US$617.86k	0.76% $ 31.5m
Christopher Shepherd	CFO & Executive Director	1.4yrs	US$435.10k	0.0014% $ 55.8k
James Crombie	Independent Non-Executive Director	16yrs	US$76.68k	0.15% $ 6.3m
Muliady Sutio	Non-Independent Non-Executive Director	less than a year	US$18.93k	no data
Stephanus Eka Sutantio	Non-Independent Non-Executive Director	4yrs	US$63.05k	no data
Yuanyuan Xu	Non-Executive Director	6.1yrs	US$63.05k	2.78% $ 114.9m
Binghe Xiang	Non-Independent Non-Executive Director	less than a year	US$39.76k	no data
Haijun Wang	Non-Independent Non-Executive Director	less than a year	US$11.36k	no data

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: NIC's board of directors are considered experienced (4 years average tenure).

Nickel Industries Management

Management criteria checks 4/4

Key information

Recent management updates

Nickel Industries Limited, Annual General Meeting, May 31, 2024

Nickel Industries Limited Announces Mr. Rob Neale Retires as Chairman

MD & Director recently bought AU$502k worth of stock

Nickel Industries Limited Announces Retirement of Mark Lochtenberg as Non-Executive Director

Nickel Industries Limited Announces Directorate Changes

Nickel Industries Limited Appoints Muliady Sutio as Non-Executive Director

Recent updates

Nickel Industries Limited, Annual General Meeting, May 31, 2024

Full year 2023 earnings released: EPS: US$0.036 (vs US$0.059 in FY 2022)

Nickel Industries Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Nickel Industries Limited Announces Final Dividend for the Fiscal Year 2023, Payable on February 19, 2024

Nickel Industries Limited Announces Mr. Rob Neale Retires as Chairman

MD & Director recently bought AU$502k worth of stock

Now 21% undervalued after recent price drop

Nickel Industries Limited Announces Retirement of Mark Lochtenberg as Non-Executive Director

Nickel Industries Limited Announces Directorate Changes

Nickel Industries Limited to Report Q3, 2023 Results on Oct 31, 2023

New major risk - Shareholder dilution

Nickel Industries Limited Appoints Muliady Sutio as Non-Executive Director

First half 2023 earnings released: EPS: US$0.009 (vs US$0.035 in 1H 2022)

Nickel Industries Limited to Report First Half, 2023 Results on Aug 31, 2023

Nickel Industries Limited has completed a Follow-on Equity Offering in the amount of AUD 676.929374 million.

Nickel Industries Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable on August 14, 2023

Nickel Industries Limited to Report Q2, 2023 Results on Jul 31, 2023

Non-Executive Director recently bought AU$304k worth of stock

Nickel Industries Limited Announces Oracle Nickel Power Plant Commences Commissioning

Nickel Industries Limited Finalizes Appointment of Xiang Binghe as Non-Executive Director

MD & Director recently bought AU$1.9m worth of stock

Full year 2022 earnings released: EPS: US$0.059 (vs US$0.055 in FY 2021)

Nickel Industries Limited to Report Fiscal Year 2022 Results on Feb 28, 2023

Nickel Industries Limited has completed a Follow-on Equity Offering in the amount of AUD 673.468571 million.

Nickel Industries Limited has completed a Follow-on Equity Offering in the amount of AUD 673.468571 million.

Nickel Industries Limited to Report Q2, 2023 Results on Jan 31, 2023

Nickel Industries Limited Announces Board Appointments

Oracle Nickel Produces First NPI and Nickel Matte Update

Less than half of directors are independent

Nickel Industries Limited to Report Q3, 2022 Results on Oct 31, 2022

Nickel Industries Limited Announces Hengjaya Mine Resource Upgrade Additional Information

Nickel Industries Limited Announces Hengjaya Mine Resource Upgrade

First half 2022 earnings released: EPS: US$0.035 (vs US$0.026 in 1H 2021)

Nickel Industries Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on 14 September, 2022

Nickel Industries Limited to Report First Half, 2022 Results on Aug 31, 2022

Nickel Industries Limited to Report Q2, 2022 Results on Jul 28, 2022

Less than half of directors are independent

Nickel Mines Limited to Report Q1, 2022 Results on Apr 28, 2022

Non-Executive Director recently bought AU$393k worth of stock

Investor sentiment deteriorated over the past week

Non-Executive Director recently bought AU$182k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Nickel Mines Limited to Report Fiscal Year 2021 Results on Feb 23, 2022

Nickel Mines Limited Announces Angel Nickel Project Produces First NPI

Non-Executive Director recently bought AU$895k worth of stock

Nickel Mines Limited (ASX:NIC) signed a Conditional Share Purchase Agreement to acquire Tablasufa Nickel Project from Bolt Metals Corp. (CNSX:BOLT) for $8.5 million.

Investor sentiment improved over the past week

MD & Director (Leave of Absence) recently bought AU$500k worth of stock

Investor sentiment improved over the past week

Non-Executive Director recently bought AU$481k worth of stock

Independent Non-Executive Director recently bought AU$2.3m worth of stock

Revenue beats expectations

Full year 2020 earnings released: EPS US$0.057 (vs US$0.069 in FY 2019)

New 90-day high: AU$1.46

New 90-day high: AU$1.30

Nickel Mines Limited Announces Amendments to RKEF Projects Collaboration Agreements

Investor sentiment improved over the past week

New 90-day high: AU$1.19

New 90-day high: AU$1.12

Market bids up stock over the past week

New 90-day high: AU$1.02

Nickel Mines Limited (ASX:NIC) signed a memorandum of understanding to acquire 70% in development project in North Maluku from Shanghai Decent Investment (Group) Co., Ltd. for $490 million.

New 90-day high: AU$0.78

PT Harum Energy Tbk (IDX:HRUM) acquired 3.22% stake in Nickel Mines Limited (ASX:NIC) for AUD 34.3 million.

New 90-day high - AU$0.64

Nickel Mines Limited (ASX:NIC) completed the acquisition of additional 20% in Hengjaya Nickel RKEF Project and Ranger Nickel RKEF Project from Shanghai Decent Investment Group Co., Ltd for approximately AUD 230 million.

CEO Compensation Analysis

CEO

Tenure