Lucara Diamond Management

Management criteria checks 3/4

Lucara Diamond's CEO is William Lamb, appointed in Aug 2023, has a tenure of 1.08 years. total yearly compensation is $789.91K, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth BWP1.83M. The average tenure of the management team and the board of directors is 3.5 years and 4.3 years respectively.

Key information

William Lamb

Chief executive officer

US$789.9k

Total compensation

CEO salary percentage26.7%
CEO tenure1.1yrs
CEO ownership0.09%
Management average tenure3.5yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has William Lamb's remuneration changed compared to Lucara Diamond's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$23m

Mar 31 2024n/an/a

-US$29m

Dec 31 2023US$790kUS$211k

-US$20m

Sep 30 2023n/an/a

US$26m

Jun 30 2023n/an/a

US$17m

Mar 31 2023n/an/a

US$23m

Dec 31 2022n/an/a

US$40m

Sep 30 2022n/an/a

US$35m

Jun 30 2022n/an/a

US$46m

Mar 31 2022n/an/a

US$39m

Dec 31 2021n/an/a

US$24m

Sep 30 2021n/an/a

US$18m

Jun 30 2021n/an/a

US$203k

Mar 31 2021n/an/a

-US$20m

Dec 31 2020n/an/a

-US$26m

Sep 30 2020n/an/a

-US$14m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

US$2m

Dec 31 2019n/an/a

US$13m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

US$7m

Mar 31 2019n/an/a

US$26m

Dec 31 2018US$2mUS$121k

US$12m

Sep 30 2018n/an/a

US$19m

Jun 30 2018n/an/a

US$47m

Mar 31 2018n/an/a

US$60m

Dec 31 2017US$964kUS$501k

US$65m

Compensation vs Market: William's total compensation ($USD789.91K) is above average for companies of similar size in the BW market ($USD344.02K).

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


CEO

William Lamb (53 yo)

1.1yrs

Tenure

US$789,908

Compensation

Mr. William Lamb, M.B.A. serves as President and Chief Executive Officer and Director of Lucara Diamond Corp. since August 2023. He serves as Director of Calisto Cobre Resources Corp. He was President, Chi...


Leadership Team

NamePositionTenureCompensationOwnership
William Lamb
President1.1yrsUS$789.91k0.090%
$ 1.8m
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited11.5yrsUS$712.47k0.13%
$ 2.6m
Johane Mchive
General Manager of the Karowe Mine7.3yrsUS$540.39k0.087%
$ 1.8m
Glenn Kondo
Chief Financial Officerless than a yearUS$910.20k0.0056%
$ 114.0k
Sophia Shane
Executive Officer of Corporate Developmentno datano datano data
Christopher Schauffele
Project Managerno datano datano data
Jennifer Harmer
Director of Finance5.9yrsno datano data
Robert Eriksson
Investor Relations & Public Relations Officer of Swedenno datano datano data

3.5yrs

Average Tenure

Experienced Management: LUC-EQO's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Lamb
President1.1yrsUS$789.91k0.090%
$ 1.8m
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited11.5yrsUS$712.47k0.13%
$ 2.6m
Paul Conibear
Independent Chairman17.4yrsUS$118.49k0.083%
$ 1.7m
Sheila Colman
Independent Nominee Directorno datano datano data
Ian Gibbs
Independent Nominee Directorno datano datano data
Adam Lundin
Independent Director2.3yrsUS$116.98k0.56%
$ 11.3m
David Dicaire
Independent Director4.3yrsUS$129.06kno data
Peter O'Callaghan
Independent Director4.3yrsUS$116.98kno data

4.3yrs

Average Tenure

60yo

Average Age

Experienced Board: LUC-EQO's board of directors are considered experienced (4.3 years average tenure).