First Majestic Silver Management
Management criteria checks 3/4
First Majestic Silver's CEO is Keith Neumeyer, appointed in Sep 1979, has a tenure of 44.5 years. total yearly compensation is $4.03M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth CA$29.95M. The average tenure of the management team and the board of directors is 4.7 years and 3 years respectively.
Key information
Keith Neumeyer
Chief executive officer
US$4.0m
Total compensation
CEO salary percentage | 31.3% |
CEO tenure | 44.5yrs |
CEO ownership | 1.4% |
Management average tenure | 4.7yrs |
Board average tenure | 3yrs |
Recent management updates
Recent updates
Investors Still Aren't Entirely Convinced By First Majestic Silver Corp.'s (TSE:FR) Revenues Despite 27% Price Jump
Mar 15First Majestic Silver Corp.'s (TSE:FR) Shareholders Might Be Looking For Exit
Dec 18Would First Majestic Silver (TSE:FR) Be Better Off With Less Debt?
Nov 09We Think First Majestic Silver (TSE:FR) Has A Fair Chunk Of Debt
Jul 17First Majestic Silver Corp.'s (TSE:FR) Share Price Matching Investor Opinion
May 07We Think First Majestic Silver (TSE:FR) Is Taking Some Risk With Its Debt
Dec 09These 4 Measures Indicate That First Majestic Silver (TSE:FR) Is Using Debt Extensively
Aug 08Does First Majestic Silver (TSE:FR) Have A Healthy Balance Sheet?
May 09CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$135m |
Sep 30 2023 | n/a | n/a | -US$162m |
Jun 30 2023 | n/a | n/a | -US$156m |
Mar 31 2023 | n/a | n/a | -US$222m |
Dec 31 2022 | US$4m | US$1m | -US$114m |
Sep 30 2022 | n/a | n/a | -US$101m |
Jun 30 2022 | n/a | n/a | -US$99m |
Mar 31 2022 | n/a | n/a | US$507k |
Dec 31 2021 | US$5m | US$1m | -US$5m |
Sep 30 2021 | n/a | n/a | US$34m |
Jun 30 2021 | n/a | n/a | US$83m |
Mar 31 2021 | n/a | n/a | US$57m |
Dec 31 2020 | US$3m | US$950k | US$23m |
Sep 30 2020 | n/a | n/a | -US$51m |
Jun 30 2020 | n/a | n/a | -US$74m |
Mar 31 2020 | n/a | n/a | -US$76m |
Dec 31 2019 | US$4m | US$950k | -US$40m |
Sep 30 2019 | n/a | n/a | -US$165m |
Jun 30 2019 | n/a | n/a | -US$168m |
Mar 31 2019 | n/a | n/a | -US$196m |
Dec 31 2018 | US$2m | US$900k | -US$204m |
Sep 30 2018 | n/a | n/a | -US$96m |
Jun 30 2018 | n/a | n/a | -US$103m |
Mar 31 2018 | n/a | n/a | -US$62m |
Dec 31 2017 | US$2m | US$900k | -US$53m |
Compensation vs Market: Keith's total compensation ($USD4.03M) is above average for companies of similar size in the Canadian market ($USD2.15M).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
CEO
Keith Neumeyer (63 yo)
44.5yrs
Tenure
US$4,025,714
Compensation
Mr. Keith N. Neumeyer has been the Chief Executive Officer and President of First Majestic Resources Corp. since November 3, 2001. Mr. Neumeyer founded First Majestic Resources Corp. with the name Brandy R...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 44.5yrs | US$4.03m | 1.44% $ 30.0m | |
Chief Financial Officer | 2yrs | US$2.18m | 0.0033% $ 68.4k | |
Chief Operating Officer | 4.1yrs | US$1.64m | 0.045% $ 932.9k | |
Vice President of Operations-Mexico | 2.8yrs | US$987.89k | 0.0072% $ 150.1k | |
Vice President of Exploration & Technical Services | no data | no data | 0.00061% $ 12.7k | |
General Counsel | 4.7yrs | US$815.05k | 0.0061% $ 126.2k | |
Vice President of Corporate Communications & Marketing | 19.4yrs | no data | 0.044% $ 905.4k | |
Vice President of Corporate Development | no data | no data | no data | |
Vice President of Human Resources | no data | no data | no data | |
Corporate Secretary | 16.6yrs | US$707.74k | no data | |
Vice President of Treasury | no data | no data | 0.010% $ 215.9k |
4.7yrs
Average Tenure
Experienced Management: FR's management team is considered experienced (4.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 25.3yrs | US$4.03m | 1.44% $ 30.0m | |
Independent Chairman | 3.1yrs | US$346.14k | 0.0010% $ 21.6k | |
Director | 1.8yrs | US$753.20k | 0.045% $ 938.7k | |
Independent Director | 2.7yrs | US$221.15k | 0.00071% $ 14.8k | |
Independent Director | 7yrs | US$219.22k | 0.0048% $ 100.0k | |
Independent Director | 3yrs | US$214.42k | 0.0042% $ 86.7k |
3.0yrs
Average Tenure
63yo
Average Age
Experienced Board: FR's board of directors are considered experienced (3 years average tenure).