Resolute Mining Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Terry Holohan

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage	40.7%
CEO tenure	2yrs
CEO ownership	n/a
Management average tenure	1.6yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terry Holohan's remuneration changed compared to Resolute Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$1m	US$506k	US$66m
Sep 30 2023	n/a	n/a	US$65m
Jun 30 2023	n/a	n/a	US$64m
Mar 31 2023	n/a	n/a	US$15m
Dec 31 2022	US$974k	US$500k	-US$34m
Sep 30 2022	n/a	n/a	-US$97m
Jun 30 2022	n/a	n/a	-US$160m
Mar 31 2022	n/a	n/a	-US$239m
Dec 31 2021	US$621k	US$251k	-US$319m

Compensation vs Market: Terry's total compensation ($USD1.24M) is above average for companies of similar size in the Australian market ($USD783.40K).

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

CEO

Terry Holohan (65 yo)

2yrs

Tenure

US$1,244,924

Compensation

Mr. Terence Neil Holohan, also known as Terry, BSc, C.Eng., MIMMM, has been the Chief Executive Officer and Managing Director at Resolute Mining Limited since May 23, 2022 and has been its Director since M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Terence Holohan	MD, CEO & Director	2yrs	US$1.24m	no data
Christopher Eger	Chief Financial Officer	1.3yrs	US$824.48k	no data
Geoff Montgomery	Chief Operating Officer	2.1yrs	US$749.99k	no data
Matthias O'Toole-Howes	Corporate Development & Investor Relations Manager	no data	no data	no data
Bruce Mowat	Executive General Manager of Exploration	8.1yrs	US$357.87k	no data
Sam Wright	Joint Company Secretary	less than a year	no data	no data
Tim Whyte	Joint Company Secretary	less than a year	no data	no data

1.6yrs

Average Tenure

Experienced Management: RSG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Terence Holohan	MD, CEO & Director	2yrs	US$1.24m	no data
Adrian Reynolds	Independent Non-Executive Director	3yrs	US$66.96k	0.0024% $ 20.8k
Keith Marshall	Independent Non-Executive Director	less than a year	US$36.27k	no data
Lawrence Jackson	Independent Non-Executive Director	2.6yrs	US$77.01k	no data
Adrienne Parker	Non-Executive Director	less than a year	no data	no data
Marthinus Botha	Independent Non-Executive Chairman	10.3yrs	US$120.53k	0.011% $ 98.1k
Sabina Shugg	Independent Non-Executive Director	5.7yrs	US$66.96k	0.0013% $ 11.3k

2.6yrs

Average Tenure

65yo

Average Age

Experienced Board: RSG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Resolute Mining Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new directors

Resolute Mining Limited, Annual General Meeting, May 23, 2024

Resolute Mining Limited Announces Director Changes

Resolute Mining Limited Announces Change of Company Secretary

Resolute Mining Limited Appoints Keith Marshall as Non-Executive Director

Resolute Mining Limited Announces Chief Financial Officer Changes

Recent updates

High number of new directors

Full year 2023 earnings released: EPS: US$0.031 (vs US$0.028 loss in FY 2022)

Resolute Mining Limited, Annual General Meeting, May 23, 2024

Resolute Mining Limited Announces Director Changes

Full year 2023 earnings released

Resolute Mining Limited Provides Production Guidance for the Year 2024

Resolute Mining Limited Announces Maiden Mineral Resource at Tomboronkoto

Resolute Mining Limited Announces Change of Company Secretary

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Resolute Mining Limited Revises Production Guidance for the Year 2023 and Provides Production Guidance for the Year 2024, 2025 and 2026

Resolute Mining Limited Announce an Updated Mineral Resource Estimate from Syama North

First half 2023 earnings released: EPS: US$0.043 (vs US$0.022 loss in 1H 2022)

Resolute Mining Limited Provides Production Guidance for the Full Year 2023

Resolute Mining Limited Appoints Keith Marshall as Non-Executive Director

Full year 2022 earnings released: US$0.028 loss per share (vs US$0.29 loss in FY 2021)

Full year 2022 earnings released: US$0.028 loss per share (vs US$0.29 loss in FY 2021)

Resolute Mining Limited Announces Chief Financial Officer Changes

Resolute Mining Limited Provides Production Guidance for the Full Year 2023

Resolute Mining Limited Announces an Update Mineral Resource Estimate from Syama North

Resolute Mining Limited Provides Production Guidance for the Full Year 2022

Forecast breakeven date moved forward to 2023

Resolute Mining Limited Announces Updated Mineral Resource Estimate from Syama North and Continued Positive Exploration Drilling Results

Forecast breakeven date pushed back to 2023

Resolute Mining Limited Appoints Geoff Montgomery as Chief Operating Officer

Resolute Mining Limited to Report First Half, 2022 Results on Aug 25, 2022

Forecast breakeven date pushed back to 2023

Resolute Mining Limited Announces Latest Results from the 2022 Exploration Drilling at Syama North Outlining the Potential for New Open Pit Operation Close to the Syama Complex

Resolute Mining Limited Appoints Terry Holohan as Managing Director

Stuart Gale Withdraws His Name to Be Elected as Director

Resolute Mining Limited Announces CEO Changes

Resolute Mining Limited, Annual General Meeting, May 20, 2022

Resolute Mining Limited Announces Successful Completion of Syama Sulphide Plant Shutdown

Full year 2021 earnings released: US$0.29 loss per share (vs US$0.026 loss in FY 2020)

Resolute Mining Limited Provides Production Guidance for the Full Year of 2022

Resolute Mining Limited Announces Life of Mine Production Update

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

Forecast to breakeven in 2024

Resolute Mining Limited Announces Updated Mineral Resource Estimate from Ongoing Exploration Success at Tabakoroni

Perseus Mining Limited (ASX:PRU) agreed to acquire 15.05% interest in Orca Gold Inc. (TSXV:ORG) from Resolute Mining Limited (ASX:RSG) for CAD 17.5 million.

Perseus Mining Limited (ASX:PRU) agreed to acquire 15.05% interest in Orca Gold Inc. (TSXV:ORG) from Resolute Mining Limited (ASX:RSG) for CAD 17.5 million.

Resolute Mining Limited Provides Production Guidance for the Full Year 2022

Resolute Mining Limited Provides Syama Sulphide Processing Circuit Update

Independent Non-Executive Chairman recently bought AU$71k worth of stock

First half 2021 earnings released: US$0.17 loss per share (vs US$0.007 loss in 1H 2020)

Resolute Mining Limited Reiterates Production Guidance for the Full Year 2021

Resolute Mining Limited's Outstanding Drill Results At Tabakoroni and Syama North

General Counsel & Company Secretary Amber Stanton has left the company

Manas Resources Limited (ASX:MSR) signed an agreement to acquire CDI Holdings (Guernsey) Ltd and CDI Mining Holdings Pty Ltd from Resolute Mining Limited (ASX:RSG) for AUD 5 million.

Resolute Mining Limited Provides Production Guidance for 2021

Full year 2020 earnings released: US$0.026 loss per share (vs US$0.081 loss in FY 2019)

Revenue beats expectations

New 90-day low: AU$0.67

Resolute Mining Limited Announces Annual Ore Reserve and Mineral Resource Statement

Resolute Mining Limited Updates Mineral Resource Estimate from Ongoing Exploration Success At Tabakoroni

New 90-day low: AU$0.70

Chijin International (HK) Limited agreed to acquire Central African Gold Ghana Ltd from Resolute Mining Limited (ASX:RSG) for approximately $110 million.

New 90-day low: AU$0.73

New 90-day low: AU$0.77

New 90-day low: AU$0.88

Resolute Mining Limited Announces Stepped Down of John Welborn as Managing Director

Resolute Mining Limited Announces an Updated Mineral Resource Estimate and Ongoing Exploration Success At Tabakoroni

MD, CEO & Director recently bought AU$101k worth of stock

New 90-day low - AU$0.98

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation