Agnico Eagle Mines Management
Management criteria checks 2/4
Agnico Eagle Mines' CEO is Ammar Al-Joundi, appointed in Apr 2015, has a tenure of 3.17 years. total yearly compensation is $10.28M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth CA$19.24M. The average tenure of the management team and the board of directors is 3.2 years and 4.1 years respectively.
Key information
Ammar Al-Joundi
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 10yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.2yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$10m | US$949k | US$2b |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$620m |
| Mar 31 2024 | n/a | n/a | US$472m |
| Dec 31 2023 | US$8m | US$963k | US$2b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$8m | US$956k | US$670m |
| Sep 30 2022 | n/a | n/a | US$578m |
| Jun 30 2022 | n/a | n/a | US$630m |
| Mar 31 2022 | n/a | n/a | US$536m |
| Dec 31 2021 | US$7m | US$758k | US$562m |
| Sep 30 2021 | n/a | n/a | US$666m |
| Jun 30 2021 | n/a | n/a | US$770m |
| Mar 31 2021 | n/a | n/a | US$678m |
| Dec 31 2020 | US$5m | US$621k | US$512m |
| Sep 30 2020 | n/a | n/a | US$638m |
| Jun 30 2020 | n/a | n/a | US$492m |
| Mar 31 2020 | n/a | n/a | US$415m |
| Dec 31 2019 | US$4m | US$678k | US$473m |
| Sep 30 2019 | n/a | n/a | -US$252m |
| Jun 30 2019 | n/a | n/a | -US$312m |
| Mar 31 2019 | n/a | n/a | -US$335m |
| Dec 31 2018 | US$5m | US$695k | -US$327m |
Compensation vs Market: Ammar's total compensation ($USD10.28M) is above average for companies of similar size in the Canadian market ($USD7.79M).
Compensation vs Earnings: Ammar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ammar Al-Joundi (60 yo)
10yrs
Tenure
US$10,278,585
Compensation
Mr. Ammar Al-Joundi, MBA, P.Eng., is Independent Director at Canadian Imperial Bank of Commerce from April 07, 2022. Mr. Al-Joundi is Director of CIBC INC. (Ontario, Canada) from 2022.He joined Canadian I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 10yrs | US$10.28m | 0.023% CA$ 19.2m | |
| Executive VP of Finance & CFO | 1.9yrs | US$3.57m | 0.0025% CA$ 2.1m | |
| Executive VP and Chief Strategy & Technology Officer | 3.2yrs | US$3.91m | 0.013% CA$ 10.9m | |
| Executive VP and COO of Nunavut | 3.2yrs | US$2.92m | 0.0051% CA$ 4.3m | |
| Vice President of Investor Relations | 1.3yrs | no data | no data | |
| Executive VP of Legal | 5.3yrs | no data | 0.0018% CA$ 1.5m | |
| Vice President of Corporate Development | 3.3yrs | no data | no data | |
| Executive Vice President of Sustainability | 1yr | no data | 0.0033% CA$ 2.8m | |
| Executive Vice President of Exploration | 5.7yrs | no data | 0.0093% CA$ 7.8m | |
| Executive VP and COO of Ontario | 3.2yrs | US$2.27m | 0.0023% CA$ 1.9m | |
| Vice President of Treasury | 5yrs | no data | no data |
3.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: AEM's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.2yrs | US$10.28m | 0.023% CA$ 19.2m | |
| Chair of the Board of Directors | 27yrs | US$5.59m | 0.020% CA$ 16.9m | |
| Lead Independent Director | 9.8yrs | US$353.98k | 0.0063% CA$ 5.4m | |
| Independent Director | 3.2yrs | US$313.98k | 0.00015% CA$ 126.7k | |
| Independent Director | 16.8yrs | US$313.98k | 0.0036% CA$ 3.1m | |
| Independent Director | 3.2yrs | US$328.98k | 0.0025% CA$ 2.1m | |
| Independent Vice Chair of the Board | 3.2yrs | US$336.29k | 0.0031% CA$ 2.6m | |
| Independent Director | 3.2yrs | US$326.29k | no data | |
| Independent Director | 14.2yrs | US$313.98k | 0.0041% CA$ 3.5m | |
| Independent Director | 11.2yrs | US$328.98k | 0.0034% CA$ 2.9m | |
| Independent Director | 4.1yrs | US$338.98k | 0.00071% CA$ 599.7k |
4.1yrs
Average Tenure
65yo
Average Age
Experienced Board: AEM'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 | 2025/04/23 11:13 |
| End of Day Share Price | 2025/04/23 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Agnico Eagle Mines Limited is covered by 46 analysts. 9 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 |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Farooq Hamed | Barclays |
| Matthew Murphy | BMO Capital Markets Equity Research |