Gatos Silver Management
Management criteria checks 2/4
Gatos Silver's CEO is Dale Andres, appointed in Apr 2022, has a tenure of 2.75 years. total yearly compensation is $4.04M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth CA$6.50M. The average tenure of the management team and the board of directors is 2.5 years and 4.9 years respectively.
Key information
Dale Andres
Chief executive officer
US$4.0m
Total compensation
| CEO salary percentage | 16.1% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$34m |
| Jun 30 2024 | n/a | n/a | US$27m |
| Mar 31 2024 | n/a | n/a | US$15m |
| Dec 31 2023 | US$4m | US$650k | US$13m |
| Sep 30 2023 | n/a | n/a | US$5m |
| Jun 30 2023 | n/a | n/a | US$5m |
| Mar 31 2023 | n/a | n/a | US$14m |
| Dec 31 2022 | US$2m | US$630k | US$15m |
| Sep 30 2022 | n/a | n/a | -US$53m |
| Jun 30 2022 | n/a | n/a | -US$71m |
| Mar 31 2022 | n/a | n/a | -US$63m |
| Dec 31 2021 | US$5m | US$335k | -US$66m |
Compensation vs Market: Dale's total compensation ($USD4.04M) is above average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Dale's compensation has increased by more than 20% in the past year.
CEO
Dale Andres (56 yo)
2.8yrs
Tenure
US$4,037,856
Compensation
Mr. Dale E. Andres serves as an Independent Director at Artemis Gold Inc. since May 8, 2023. He serves as Chief Executive Officer and Director at Gatos Silver, Inc. since April 8, 2022. Mr. Andres was Inte...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$4.04m | 0.43% CA$ 6.5m | |
| Chief Financial Officer | 2.5yrs | US$2.00m | 0% CA$ 0 | |
| Senior Vice President of Corporate Development & Technical Services | 3yrs | US$1.69m | 0.043% CA$ 650.6k | |
| General Manager of Operations | 2.3yrs | no data | no data | |
| General Counsel & Chief Compliance Officer | 2.3yrs | no data | 0.029% CA$ 433.8k | |
| Vice President of Exploration & Technical Services | no data | no data | no data |
2.5yrs
Average Tenure
52yo
Average Age
Experienced Management: GATO's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$4.04m | 0.43% CA$ 6.5m | |
| Independent Director | 13.3yrs | US$301.50k | 0.0065% CA$ 97.0k | |
| Independent Director | 4.3yrs | US$246.50k | 0% CA$ 0 | |
| Independent Director | 4.6yrs | US$344.00k | 0% CA$ 0 | |
| Independent Chairperson | 5.3yrs | US$394.00k | 0.014% CA$ 216.9k | |
| Independent Director | 5.7yrs | US$243.50k | 0.12% CA$ 1.8m | |
| Independent Director | 3.8yrs | US$243.00k | 0.040% CA$ 596.0k | |
| Independent Director | 5.3yrs | US$312.75k | 0.014% CA$ 216.9k |
4.9yrs
Average Tenure
65yo
Average Age
Experienced Board: GATO's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 00:55 |
| End of Day Share Price | 2025/01/08 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 |
| |
| 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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Learn about the world class team 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 .
Analyst Sources
Gatos Silver, Inc. is covered by 10 analysts. 2 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 |
|---|---|
| Kevin O'Halloran | BMO Capital Markets Equity Research |
| Ryan Thompson | BMO Capital Markets Equity Research |
| Brian Quast | BMO Capital Markets Equity Research |