Asante Gold Management
Management criteria checks 3/4
Asante Gold's CEO is Dave Anthony, appointed in Mar 2022, has a tenure of 2.08 years. total yearly compensation is CA$1.34M, comprised of 46.3% salary and 53.7% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth CA$23.40K. The average tenure of the management team and the board of directors is 2 years and 3.8 years respectively.
Key information
Dave Anthony
Chief executive officer
CA$1.3m
Total compensation
| CEO salary percentage | 46.3% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.004% |
| Management average tenure | 2yrs |
| Board average tenure | 3.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | -CA$250m |
| Jul 31 2023 | n/a | n/a | -CA$270m |
| Apr 30 2023 | n/a | n/a | -CA$224m |
| Jan 31 2023 | CA$1m | CA$619k | -CA$177m |
| Oct 31 2022 | n/a | n/a | -CA$106m |
| Jul 31 2022 | n/a | n/a | -CA$45m |
| Apr 30 2022 | n/a | n/a | -CA$30m |
| Jan 31 2022 | CA$603k | CA$603k | -CA$8m |
Compensation vs Market: Dave's total compensation ($USD978.53K) is about average for companies of similar size in the Canadian market ($USD1.29M).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
CEO
Dave Anthony (66 yo)
2.1yrs
Tenure
CA$1,336,960
Compensation
Mr. David Harold Anthony, P.Eng. also known a Dave, serves as President and Chief Executive Officer at Asante Gold Corp. since March 2022 and serves as its Director since March 16, 2023 and served as its C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.1yrs | CA$4.60m | 0.82% CA$ 4.3m | |
| President | 2.1yrs | CA$1.34m | 0.0045% CA$ 23.4k | |
| Founder & Non-Executive Director | 13.3yrs | CA$2.28m | 1.32% CA$ 6.9m | |
| Chief Operating Officer | 1.7yrs | CA$931.31k | no data | |
| Executive VP & Country Director | 2yrs | CA$1.94m | 0.20% CA$ 1.1m | |
| VP of Technical Services | no data | CA$653.78k | 0% CA$ 0 | |
| Chief Financial Officer | less than a year | no data | no data | |
| General Counsel | 1.7yrs | no data | no data | |
| Special Advisor & Consultant | 3.4yrs | CA$75.51k | no data | |
| General Manager of Geology | 2.7yrs | no data | no data | |
| Vice President of Exploration | no data | no data | no data | |
| Deputy Chief Financial Officer | no data | no data | no data |
2.0yrs
Average Tenure
66yo
Average Age
Experienced Management: ASE's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.1yrs | CA$4.60m | 0.82% CA$ 4.3m | |
| President | 1.1yrs | CA$1.34m | 0.0045% CA$ 23.4k | |
| Founder & Non-Executive Director | 12.9yrs | CA$2.28m | 1.32% CA$ 6.9m | |
| Special Advisor & Consultant | 3.4yrs | CA$75.51k | no data | |
| Advisor to the Board of Directors & Consultant | no data | no data | no data | |
| Consultant & Advisor to the Board | no data | no data | no data | |
| Advisor | no data | no data | no data | |
| Lead Independent Non-Executive Director | 10yrs | CA$1.42m | 0.090% CA$ 468.0k | |
| Independent Non-Executive Director | 3.6yrs | CA$1.41m | 0.75% CA$ 3.9m | |
| Non-Independent Director | 8.8yrs | CA$1.48m | 0.18% CA$ 931.9k | |
| Advisor to the Board | 5.3yrs | no data | no data | |
| Independent Non-Executive Director | 3.8yrs | CA$1.41m | 0.88% CA$ 4.6m |
3.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: ASE's board of directors are considered experienced (3.8 years average tenure).