MP Materials Management
Management criteria checks 2/4
MP Materials' CEO is James Litinsky, appointed in Nov 2020, has a tenure of 4.08 years. total yearly compensation is $4.22M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 10.02% of the company’s shares, worth R$1.58B. The average tenure of the management team and the board of directors is 4.1 years and 4.1 years respectively.
Key information
James Litinsky
Chief executive officer
US$4.2m
Total compensation
| CEO salary percentage | 17.8% |
| CEO tenure | 4.1yrs |
| CEO ownership | 10.0% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$59m |
| Jun 30 2024 | n/a | n/a | -US$38m |
| Mar 31 2024 | n/a | n/a | US$3m |
| Dec 31 2023 | US$4m | US$750k | US$24m |
| Sep 30 2023 | n/a | n/a | US$108m |
| Jun 30 2023 | n/a | n/a | US$175m |
| Mar 31 2023 | n/a | n/a | US$241m |
| Dec 31 2022 | US$2m | US$600k | US$289m |
| Sep 30 2022 | n/a | n/a | US$271m |
| Jun 30 2022 | n/a | n/a | US$251m |
| Mar 31 2022 | n/a | n/a | US$204m |
| Dec 31 2021 | US$35m | n/a | US$135m |
Compensation vs Market: James's total compensation ($USD4.22M) is above average for companies of similar size in the BR market ($USD1.20M).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
CEO
James Litinsky (45 yo)
4.1yrs
Tenure
US$4,223,127
Compensation
Mr. James Henry Litinsky is the Founder, Chief Executive Officer and Chief Investment Officer at JHL Capital Group LLC. Mr. Litinsky founded JHL Capital Group LLC in 2006. He founded MP Materials Corp. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.1yrs | US$4.22m | 10.02% R$ 1.6b | |
| Chief Financial Officer | 5.9yrs | US$3.14m | 0.095% R$ 15.0m | |
| Chief Operating Officer | 4.1yrs | US$3.38m | 0.88% R$ 138.3m | |
| General Counsel & Corporate Secretary | 3.6yrs | US$2.47m | 0.0056% R$ 877.8k | |
| Senior VP of Investor Relations | no data | no data | no data |
4.1yrs
Average Tenure
45yo
Average Age
Experienced Management: M2PM34's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.1yrs | US$4.22m | 10.02% R$ 1.6b | |
| Independent Director | 1.8yrs | US$280.75k | no data | |
| Lead Independent Director | 4.1yrs | US$312.50k | 0.090% R$ 14.2m | |
| Independent Director | 4.1yrs | US$247.50k | no data | |
| Independent Director | 4.1yrs | US$255.00k | 0.0093% R$ 1.5m | |
| Independent Director | 4.1yrs | US$240.00k | no data | |
| Independent Director | 4.1yrs | US$245.00k | no data |
4.1yrs
Average Tenure
66yo
Average Age
Experienced Board: M2PM34's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
MP Materials Corp. is covered by 18 analysts. 12 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 |
|---|---|
| Benjamin Kallo | Baird |
| Subhasish Chandra | Benchmark Company |
| Gregory Jones | BMO Capital Markets Equity Research |