Ivanhoe Electric Management

Management criteria checks 2/4

Ivanhoe Electric's CEO is Taylor Melvin, appointed in Nov 2022, has a tenure of 1.83 years. total yearly compensation is $972.00K, comprised of 51.5% salary and 48.5% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth CA$2.03M. The average tenure of the management team and the board of directors is 1.6 years and 2 years respectively.

Key information

Taylor Melvin

Chief executive officer

US$972.0k

Total compensation

CEO salary percentage	51.5%
CEO tenure	1.8yrs
CEO ownership	0.2%
Management average tenure	1.6yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Taylor Melvin's remuneration changed compared to Ivanhoe Electric's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$227m
Mar 31 2024	n/a	n/a	-US$219m
Dec 31 2023	US$972k	US$500k	-US$199m
Sep 30 2023	n/a	n/a	-US$192m
Jun 30 2023	n/a	n/a	-US$154m
Mar 31 2023	n/a	n/a	-US$170m
Dec 31 2022	US$11m	US$57k	-US$150m

Compensation vs Market: Taylor's total compensation ($USD972.00K) is below average for companies of similar size in the Canadian market ($USD1.83M).

Compensation vs Earnings: Taylor's compensation has been consistent with company performance over the past year.

CEO

Taylor Melvin (54 yo)

1.8yrs

Tenure

US$972,004

Compensation

Mr. Taylor Melvin serves as President, Chief Executive Officer and Director at Ivanhoe Electric Inc. since November 21, 2022. Mr. Melvin has wide exposure in the natural resources sector as a senior corpor...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Martin Friedland	Founder & Executive Chairman	3.4yrs	no data	8.27% $ 97.1m
Taylor Melvin	President	1.8yrs	US$972.00k	0.17% $ 2.0m
Jordan Neeser	Chief Financial Officer	1.8yrs	US$586.82k	0.017% $ 195.0k
Cassandra Joseph	VP, General Counsel & Corporate Secretary	1.6yrs	US$4.04m	0.0017% $ 19.5k
Quentin Markin	Executive Vice President of Business Development & Strategy Execution	1.7yrs	US$9.89m	0.18% $ 2.1m
Stephani Terhorst	Vice President of Human Resources	1.5yrs	no data	no data
Graham Boyd	Senior Vice President of Exploration	1.1yrs	US$502.47k	0.0054% $ 63.5k
Mark Gibson	Chief Geophysics Officer	no data	no data	0.23% $ 2.7m
Glen Kuntz	Senior Vice-President of Mine Development	1.8yrs	US$1.80m	0.0025% $ 29.7k
Alex Neufeld	Vice President of Exploration	less than a year	no data	no data

1.6yrs

Average Tenure

52yo

Average Age

Experienced Management: IE's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Martin Friedland	Founder & Executive Chairman	3.4yrs	no data	8.27% $ 97.1m
Taylor Melvin	President	1.8yrs	US$972.00k	0.17% $ 2.0m
Victoire de Margerie	Independent Director	2.3yrs	US$130.24k	0% $ 0
Russell Ball	Independent Director	2.3yrs	US$150.24k	0% $ 0
Priya Patil	Independent Director	2.3yrs	US$145.24k	0.0016% $ 19.3k
Ronald Vance	Independent Director	1.3yrs	US$76.58k	0% $ 0
Sofia Bianchi	Director	1.2yrs	US$63.99k	0% $ 0
Patrick Loftus-Hills	Independent Director	1.5yrs	US$107.40k	0% $ 0

2.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: IE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Ivanhoe Electric Management

Management criteria checks 2/4

Key information

Recent management updates

Chief Geophysics Officer recently sold CA$674k worth of stock

Ivanhoe Electric Inc., Annual General Meeting, Jun 06, 2024

Insider recently bought CA$202k worth of stock

President recently sold CA$871k worth of stock

Ivanhoe Electric Inc. Elects Ronald Vance to Its Board of Directors

President recently bought CA$303k worth of stock

Recent updates

Ivanhoe Electric Inc. Provides an Update on the Ongoing Progress At the Company's Santa Cruz Copper Project in Arizona

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Ivanhoe Electric and Ma'aden Joint Venture Commences Drilling Activities in Saudi Arabia

Second quarter 2024 earnings released: US$0.39 loss per share (vs US$0.41 loss in 2Q 2023)

Ivanhoe Electric Inc. Provides an Update on Recent Progress At the Santa Cruz Copper Project in Arizona

Chief Geophysics Officer recently sold CA$674k worth of stock

First quarter 2024 earnings released: US$0.46 loss per share (vs US$0.39 loss in 1Q 2023)

Ivanhoe Electric Inc., Annual General Meeting, Jun 06, 2024

Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden Complete First Full Quarter of Exploration Activities in Saudi Arabia

Ivanhoe Electric Inc. Reports Best Copper-Gold-Silver Intersection to Date at its Hog Heaven Project in Montana

Insider recently bought CA$202k worth of stock

Full year 2023 earnings released: US$1.95 loss per share (vs US$1.91 loss in FY 2022)

Ivanhoe Electric Inc. Provides Update on Exploration Drilling Activity At Santa Cruz, Tintic and Hog Heaven Projects

Ivanhoe Electric Inc. (NYSEAM:IE) completed the acquisition of remaining 17.5% stake in Kaizen Discovery Inc. (TSXV:KZD).

Ivanhoe Electric Inc. Reports Recent Drill Results from Its Initial Exploration Program At the Hog Heaven Project in Montana

Ivanhoe Electric Inc. and Saudi Arabian Mining Company (Ma'aden) Receives Initial Results from the First Typhoontm Survey in Saudi Arabia

Ivanhoe Electric Inc. Provides Update on Activities At Its Santa Cruz Copper Project in Arizona

Ivanhoe Electric Inc. (NYSEAM:IE) entered into a definitive arrangement agreement to acquire remaining 17.5% stake in Kaizen Discovery Inc. (TSXV:KZD) for CAD 1.8 million.

President recently sold CA$871k worth of stock

Third quarter 2023 earnings released: US$0.74 loss per share (vs US$0.43 loss in 3Q 2022)

Ivanhoe Electric Inc. announced that it has received $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $20.434275 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. Reports First Drill Results from Its Initial Exploration Program At the Hog Heaven Project in Montana

Ivanhoe Electric Inc. has completed a Follow-on Equity Offering in the amount of $160.000002 million.

Ivanhoe Electric Inc. has completed a Follow-on Equity Offering in the amount of $160.000002 million.

Ivanhoe Electric Announces Completion of the Initial Assessment for the Santa Cruz Copper Project in Arizona

Second quarter 2023 earnings released: US$0.41 loss per share (vs US$0.85 loss in 2Q 2022)

Ivanhoe Electric Provides Update on Drilling Programs Underway At Its U.S. Electric Metals Exploration Projects

New minor risk - Shareholder dilution

Ivanhoe Electric Inc. announced that it has received $127.1 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. Provides an Update on the Drilling Operations Underway at the Santa Cruz Copper Project

Ivanhoe Electric Inc. Elects Ronald Vance to Its Board of Directors

President recently bought CA$303k worth of stock

First quarter 2023 earnings released: US$0.39 loss per share (vs US$0.24 loss in 1Q 2022)

Chief Operating Officer recently sold CA$153k worth of stock

Full year 2022 earnings released: US$1.91 loss per share (vs US$0.96 loss in FY 2021)

Ivanhoe Electric Announces Significant Resource Upgrade At the Santa Cruz Copper Project in Arizona, Including Resource Additions At the East Ridge and Texaco Deposits

Cassandra Joseph Joins Ivanhoe Electric as Corporate Secretary and General Counsel, Effective February 1, 2023

Ivanhoe Electric Inc. announced that it expects to receive $126.276 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Inc. announced that it expects to receive $126.276 million in funding from Saudi Arabian Mining Company (Ma'aden)

Ivanhoe Electric Reports Clear Demonstration of the Disruptive Power of Typhoon and Computational Geoscience Software to Find Hidden Porphyry Copper in the United States and Globally

Ivanhoe Electric Initiates Diamond Drilling At the Tintic Copper-Gold Project in Mammoth, Utah

Ivanhoe Electric Inc. Announces Management Changes

High number of new and inexperienced directors

Ivanhoe Electric Inc. Confirms East Ridge Discovery At Santa Cruz Copper Project in Arizona

Ivanhoe Electric Updates Santa Cruz Copper Project in Arizona

Ivanhoe Electric Inc. Announces Management Changes, Effective November 21, 2022

Ivanhoe Electric Provides an Update on Recent Exploration Activities At Its Tintic Copper-Gold Project in Utah

Ivanhoe Electric Announces Preliminary Results from the Typhoontm Geophysical Survey Work At Its Santa Cruz Copper Project in Arizona

Second quarter 2022 earnings released

High number of new and inexperienced directors

Commander Partners Fjordland and Ivanhoe Electric Announce 2,500 Metre Drill Program at South Voisey's Bay, Labrador

Founder recently bought CA$2.0m worth of stock

Ivanhoe Electric Inc. Announces Board Changes

First quarter 2022 earnings released

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age