Erdene Resource Development Corporation

TSX:ERD Stock Report

Market Cap: CA$211.6m

Erdene Resource Development Management

Management criteria checks 3/4

Erdene Resource Development's CEO is Peter Akerley, appointed in Mar 2003, has a tenure of 21.67 years. total yearly compensation is CA$845.84K, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth CA$1.86M. The average tenure of the management team and the board of directors is 13.8 years and 8.4 years respectively.

Key information

Peter Akerley

Chief executive officer

CA$845.8k

Total compensation

CEO salary percentage47.8%
CEO tenure21.7yrs
CEO ownership0.9%
Management average tenure13.8yrs
Board average tenure8.4yrs

Recent management updates

Recent updates

Companies Like Erdene Resource Development (TSE:ERD) Are In A Position To Invest In Growth

Sep 17
Companies Like Erdene Resource Development (TSE:ERD) Are In A Position To Invest In Growth

Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?

Mar 04
Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?

Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Nov 16
Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Jul 28
Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Is Erdene Resource Development (TSE:ERD) In A Good Position To Invest In Growth?

Apr 14
Is Erdene Resource Development (TSE:ERD) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Peter Akerley's remuneration changed compared to Erdene Resource Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$7m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$8m

Dec 31 2023CA$846kCA$405k

CA$522k

Sep 30 2023n/an/a

CA$621k

Jun 30 2023n/an/a

-CA$159k

Mar 31 2023n/an/a

CA$651k

Dec 31 2022CA$642kCA$357k

-CA$6m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$7m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$591kCA$331k

-CA$6m

Sep 30 2021n/an/a

-CA$5m

Jun 30 2021n/an/a

-CA$7m

Mar 31 2021n/an/a

-CA$13m

Dec 31 2020CA$570kCA$308k

-CA$13m

Sep 30 2020n/an/a

-CA$12m

Jun 30 2020n/an/a

-CA$9m

Mar 31 2020n/an/a

-CA$3m

Dec 31 2019CA$466kCA$296k

-CA$3m

Sep 30 2019n/an/a

-CA$3m

Jun 30 2019n/an/a

-CA$3m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018CA$656kCA$298k

-CA$4m

Sep 30 2018n/an/a

-CA$4m

Jun 30 2018n/an/a

-CA$4m

Mar 31 2018n/an/a

-CA$4m

Dec 31 2017CA$653kCA$286k

-CA$4m

Compensation vs Market: Peter's total compensation ($USD603.12K) is about average for companies of similar size in the Canadian market ($USD708.78K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Akerley (61 yo)

21.7yrs

Tenure

CA$845,841

Compensation

Mr. Peter C. Akerley, B.Sc., has been the Chief Executive Officer and President of Erdene Resource Development Corporation since March 2003. Mr. Akerley has been the President of BRM Exploration Ltd. since...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Akerley
President21.7yrsCA$845.84k0.88%
CA$ 1.9m
Robert Jenkins
VP & CFO5.5yrsCA$436.44k0.32%
CA$ 670.6k
Michael Gillis
Vice President of Exploration7.8yrsCA$329.49kno data
Jon M. Lyons
Chief Development Officer of Erdene Mongol LLCless than a yearCA$528.48kno data
Bayarmaa Bagabandi
Chief Administrative Officer19.7yrsno datano data
Diane Webber
Director of External Relations & Communicationsno datano datano data
Michael Corey
Chief Geologist of Mongoliano datano datano data
Peter Dalton
Senior Geologistno datano datano data
D. Frazer
Corporate Secretary21.7yrsno datano data
Bilguun Ankhbayar
Chief Executive Officer of Erdene Mongol LLCno datano datano data

13.8yrs

Average Tenure

Experienced Management: ERD's management team is seasoned and experienced (13.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Akerley
President21.8yrsCA$845.84k0.88%
CA$ 1.9m
David Mosher
Independent Director8.4yrsCA$83.20k0.27%
CA$ 571.2k
Kenneth MacDonald
Independent Director5.4yrsCA$86.00k0.59%
CA$ 1.3m
Hedley Widdup
Independent & Non-Executive Director5.2yrsCA$82.00k0.028%
CA$ 60.0k
Cameron McRae
Independent Non-Executive Director6.7yrsCA$80.00k0.15%
CA$ 316.7k
Thomas Croft
Independent Chairman of the Board9.3yrsCA$160.00k0.39%
CA$ 827.1k
Anna Biolik
Independent Director8.4yrsCA$89.20k0.070%
CA$ 147.9k

8.4yrs

Average Tenure

67yo

Average Age

Experienced Board: ERD's board of directors are considered experienced (8.4 years average tenure).