Rincon Resources Management
Management criteria checks 3/4
Rincon Resources' CEO is Gary Harvey, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is A$338.67K, comprised of 82.1% salary and 17.9% bonuses, including company stock and options. directly owns 0.71% of the company’s shares, worth A$22.70K. The average tenure of the management team and the board of directors is 3 years and 2.3 years respectively.
Key information
Gary Harvey
Chief executive officer
AU$338.7k
Total compensation
| CEO salary percentage | 82.1% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$339k | AU$278k | -AU$2m |
| 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$367k | AU$275k | -AU$1m |
| Mar 31 2023 | n/a | n/a | -AU$1m |
| Dec 31 2022 | n/a | n/a | -AU$1m |
| Sep 30 2022 | n/a | n/a | -AU$1m |
| Jun 30 2022 | AU$321k | AU$270k | -AU$1m |
| Mar 31 2022 | n/a | n/a | -AU$1m |
| Dec 31 2021 | n/a | n/a | -AU$1m |
| Sep 30 2021 | n/a | n/a | -AU$1m |
| Jun 30 2021 | AU$259k | AU$34k | -AU$1m |
Compensation vs Market: Gary's total compensation ($USD220.06K) is about average for companies of similar size in the Australian market ($USD297.90K).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Harvey
3.5yrs
Tenure
AU$338,672
Compensation
Mr. Gary Harvey has been Chief Executive Officer at Rincon Resources Limited since May 12, 2021 and its Managing Director & Director since October 01, 2021. Mr. Harvey has experience in gold and nickel exp...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.2yrs | AU$159.60k | 1.04% A$ 33.5k | |
| CEO, MD & Director | 3.5yrs | AU$338.67k | 0.71% A$ 22.7k | |
| Joint Company Secretary | 4.1yrs | no data | no data | |
| Joint Company Secretary | 2.5yrs | no data | no data |
3.0yrs
Average Tenure
Experienced Management: RCR's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.2yrs | AU$159.60k | 1.04% A$ 33.5k | |
| CEO, MD & Director | 3.1yrs | AU$338.67k | 0.71% A$ 22.7k | |
| Non-Executive Director | less than a year | AU$3.75k | no data | |
| Independent Non-Executive Director | 4.3yrs | AU$85.77k | 0.91% A$ 29.2k | |
| Independent Non-Executive Director | 2.3yrs | AU$84.60k | 0.57% A$ 18.3k |
2.3yrs
Average Tenure
63yo
Average Age
Experienced Board: RCR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.