Eldorado Gold Management
Management criteria checks 3/4
Eldorado Gold's CEO is George Burns, appointed in Apr 2017, has a tenure of 7.67 years. total yearly compensation is $3.92M, comprised of 20.4% salary and 79.6% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth CA$11.36M. The average tenure of the management team and the board of directors is 1.3 years and 5.6 years respectively.
Key information
George Burns
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 20.4% |
| CEO tenure | 7.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Eldorado Gold Corporation's (TSE:ELD) Subdued P/E Might Signal An Opportunity
Dec 17
Investors Will Want Eldorado Gold's (TSE:ELD) Growth In ROCE To Persist
Nov 19With EPS Growth And More, Eldorado Gold (TSE:ELD) Makes An Interesting Case
Nov 04We Think Eldorado Gold (TSE:ELD) Can Stay On Top Of Its Debt
Sep 23Eldorado Gold Corporation (TSE:ELD) Not Flying Under The Radar
Aug 26Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Aug 10Eldorado Gold (TSE:ELD) Seems To Use Debt Quite Sensibly
Jun 13Eldorado Gold Corporation (TSE:ELD) Looks Just Right With A 29% Price Jump
Apr 10Eldorado Gold's (TSE:ELD) Returns On Capital Are Heading Higher
Mar 19These 4 Measures Indicate That Eldorado Gold (TSE:ELD) Is Using Debt Reasonably Well
Feb 15Eldorado Gold Corporation's (TSE:ELD) P/S Still Appears To Be Reasonable
Dec 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Nov 18We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Sep 17Returns Are Gaining Momentum At Eldorado Gold (TSE:ELD)
Jul 31Eldorado Gold (TSE:ELD) Shareholders Will Want The ROCE Trajectory To Continue
Apr 02Eldorado Gold (TSE:ELD) Has A Somewhat Strained Balance Sheet
Mar 15Returns On Capital Are Showing Encouraging Signs At Eldorado Gold (TSE:ELD)
Nov 24The Return Trends At Eldorado Gold (TSE:ELD) Look Promising
Aug 22We Think Eldorado Gold (TSE:ELD) Is Taking Some Risk With Its Debt
Aug 01Is Eldorado Gold (TSE:ELD) A Risky Investment?
Apr 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$287m |
| Jun 30 2024 | n/a | n/a | US$180m |
| Mar 31 2024 | n/a | n/a | US$125m |
| Dec 31 2023 | US$4m | US$801k | US$109m |
| Sep 30 2023 | n/a | n/a | US$129m |
| Jun 30 2023 | n/a | n/a | US$107m |
| Mar 31 2023 | n/a | n/a | US$83m |
| Dec 31 2022 | US$3m | US$753k | US$24m |
| Sep 30 2022 | n/a | n/a | -US$124m |
| Jun 30 2022 | n/a | n/a | -US$87m |
| Mar 31 2022 | n/a | n/a | -US$33m |
| Dec 31 2021 | US$4m | US$807k | US$21m |
| Sep 30 2021 | n/a | n/a | US$84m |
| Jun 30 2021 | n/a | n/a | US$130m |
| Mar 31 2021 | n/a | n/a | US$148m |
| Dec 31 2020 | US$4m | US$786k | US$131m |
| Sep 30 2020 | n/a | n/a | US$192m |
| Jun 30 2020 | n/a | n/a | US$142m |
| Mar 31 2020 | n/a | n/a | US$105m |
| Dec 31 2019 | US$3m | US$770k | US$81m |
| Sep 30 2019 | n/a | n/a | -US$229m |
| Jun 30 2019 | n/a | n/a | -US$361m |
| Mar 31 2019 | n/a | n/a | -US$398m |
| Dec 31 2018 | US$3m | US$733k | -US$362m |
| Sep 30 2018 | n/a | n/a | -US$165m |
| Jun 30 2018 | n/a | n/a | -US$41m |
| Mar 31 2018 | n/a | n/a | -US$5m |
| Dec 31 2017 | US$6m | US$729k | -US$7m |
Compensation vs Market: George's total compensation ($USD3.92M) is about average for companies of similar size in the Canadian market ($USD3.19M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Burns (64 yo)
7.7yrs
Tenure
US$3,916,236
Compensation
Mr. George Raymond Burns has been an Independent Director of Turquoise Hill Resources Ltd. since January 21, 2020. He has been the President and Chief Executive Officer of Eldorado Gold Corporation since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$3.92m | 0.25% CA$ 11.4m | |
| CFO & Executive VP | less than a year | US$1.04m | 0.012% CA$ 538.8k | |
| Executive VP | 1.9yrs | US$1.24m | 0.0038% CA$ 169.5k | |
| Executive VP of Technical Services & Operations | no data | no data | 0.0077% CA$ 344.8k | |
| Vice President of Investor Relations | 1.7yrs | no data | 0.00084% CA$ 37.5k | |
| Vice President of Corporate Development | 3.2yrs | no data | 0.011% CA$ 507.2k | |
| Vice President of Human Resources | less than a year | no data | 0.00013% CA$ 5.8k | |
| Vice President of Exploration | 1.3yrs | no data | 0.00046% CA$ 20.5k | |
| Senior Vice President of Operations | 1.1yrs | no data | 0.0049% CA$ 218.1k | |
| Vice President of Health | 1.9yrs | no data | 0.00051% CA$ 22.7k | |
| Senior Vice President of Finance | 1.3yrs | no data | 0.00083% CA$ 37.0k | |
| Executive Vice President of Development - Greece | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: ELD's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.7yrs | US$3.92m | 0.25% CA$ 11.4m | |
| Independent Director | 9.9yrs | US$184.91k | no data | |
| Independent Non-Executive Chairman of the Board | 11.6yrs | US$249.05k | 0.011% CA$ 480.9k | |
| Independent Director | 6.5yrs | US$173.59k | 0.0051% CA$ 229.3k | |
| Independent Director | 4.7yrs | US$173.59k | 0.0037% CA$ 163.7k | |
| Independent Director | 2.5yrs | US$158.49k | 0.0049% CA$ 218.6k | |
| Independent Director | 4.3yrs | US$173.59k | 0.00026% CA$ 11.6k | |
| Independent Director | 2.9yrs | US$158.49k | 0.00098% CA$ 43.7k |
5.6yrs
Average Tenure
65yo
Average Age
Experienced Board: ELD's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:44 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Eldorado Gold Corporation is covered by 37 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 |
|---|---|
| Farooq Hamed | Barclays |
| Brian Quast | BMO Capital Markets Equity Research |
| Harmen Puri | BofA Global Research |