This company has been acquired
Centamin Management
Management criteria checks 4/4
Centamin's CEO is Martin Horgan, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is $1.89M, comprised of 39.2% salary and 60.8% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth CA$1.31M. The average tenure of the management team and the board of directors is 6.2 years and 5 years respectively.
Key information
Martin Horgan
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 39.18% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.04% |
| Management average tenure | 6.2yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$85m |
| Mar 31 2024 | n/a | n/a | US$88m |
| Dec 31 2023 | US$2m | US$739k | US$92m |
| Sep 30 2023 | n/a | n/a | US$86m |
| Jun 30 2023 | n/a | n/a | US$79m |
| Mar 31 2023 | n/a | n/a | US$76m |
| Dec 31 2022 | US$2m | US$675k | US$72m |
| Sep 30 2022 | n/a | n/a | US$100m |
| Jun 30 2022 | n/a | n/a | US$127m |
| Mar 31 2022 | n/a | n/a | US$114m |
| Dec 31 2021 | US$1m | US$684k | US$102m |
| Sep 30 2021 | n/a | n/a | US$120m |
| Jun 30 2021 | n/a | n/a | US$139m |
| Mar 31 2021 | n/a | n/a | US$148m |
| Dec 31 2020 | US$1m | US$467k | US$156m |
Compensation vs Market: Martin's total compensation ($USD1.89M) is about average for companies of similar size in the Canadian market ($USD2.00M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Horgan (50 yo)
Mr. Martin Horgan serves as Chief Executive Officer and Director of Centamin Plc since April 6, 2020. He Co-Founded Toro Gold Ltd and served as its Chief Executive Officer from 2009 to 2019. Mr. Horgan is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.6yrs | US$1.89m | 0.043% CA$ 1.3m | |
| CFO & Executive Director | 8.6yrs | US$1.43m | 0.088% CA$ 2.7m | |
| Group Financial Controller & Group Accountant | 7.8yrs | no data | 0.071% CA$ 2.1m | |
| Head of Risk | 4.7yrs | no data | 0.096% CA$ 2.9m | |
| Head of Exploration | no data | no data | no data | |
| Head of Environmental | no data | no data | 0.078% CA$ 2.4m | |
| Country Manager (Egypt) | no data | no data | 0.010% CA$ 316.7k | |
| Head of Corporate | less than a year | no data | no data | |
| Group Company Secretary | 11.3yrs | no data | 0.073% CA$ 2.2m | |
| Manager of Exploration | no data | US$52.56k | no data |
Experienced Management: CEE's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.6yrs | US$1.89m | 0.043% CA$ 1.3m | |
| CFO & Executive Director | 6.8yrs | US$1.43m | 0.088% CA$ 2.7m | |
| Senior Independent Non Executive Director | 5.6yrs | US$125.42k | 0% CA$ 0 | |
| Independent Non-Executive Director | 5.2yrs | US$112.88k | 0.0025% CA$ 76.9k | |
| Independent Non-Executive Director | 13.8yrs | US$132.37k | 0.027% CA$ 818.2k | |
| Independent Non-Executive Director | less than a year | no data | 0.0032% CA$ 97.5k | |
| Independent Non-Executive Director | 5.2yrs | US$112.88k | 0.0013% CA$ 38.5k | |
| Independent Non-Executive Director | 4.3yrs | US$112.88k | no data | |
| Independent Non-Executive Chairman | 4.8yrs | US$313.55k | 0.021% CA$ 641.0k | |
| Independent Non-Executive Director | less than a year | no data | no data |
Experienced Board: CEE's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/25 14:48 |
| End of Day Share Price | 2024/11/20 00:00 |
| Earnings | 2024/06/30 |
| 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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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Learn about the 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 Github.
Analyst Sources
Centamin plc is covered by 16 analysts. 6 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 |
|---|---|
| Michael Kozak | ATB Cormark Historical (Cormark Securities) |
| Laurent Kimman | Berenberg |
| Thomas O'Hara | BNP Paribas |