International Tower Hill Mines Management
Management criteria checks 3/4
International Tower Hill Mines' CEO is Karl M. Hanneman, appointed in Jan 2017, has a tenure of 7.83 years. total yearly compensation is $274.07K, comprised of 58.6% salary and 41.4% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth CA$133.56K. The average tenure of the management team and the board of directors is 9.5 years and 7.3 years respectively.
Key information
Karl M. Hanneman
Chief executive officer
US$274.1k
Total compensation
| CEO salary percentage | 58.6% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 9.5yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Here's Why We're Watching International Tower Hill Mines' (TSE:ITH) Cash Burn Situation
Aug 22
We're Not Very Worried About International Tower Hill Mines' (TSE:ITH) Cash Burn Rate
May 22We're Not Very Worried About International Tower Hill Mines' (TSE:ITH) Cash Burn Rate
Sep 29We're Hopeful That International Tower Hill Mines (TSE:ITH) Will Use Its Cash Wisely
May 30We're Hopeful That International Tower Hill Mines (TSE:ITH) Will Use Its Cash Wisely
Dec 20International Tower Hill Mines (TSE:ITH) Is In A Good Position To Deliver On Growth Plans
Apr 29We Think International Tower Hill Mines (TSE:ITH) Can Afford To Drive Business Growth
Dec 04We're Not Very Worried About International Tower Hill Mines' (TSE:ITH) Cash Burn Rate
Aug 11We're Not Worried About International Tower Hill Mines' (TSE:ITH) Cash Burn
Apr 03We're Interested To See How International Tower Hill Mines (TSE:ITH) Uses Its Cash Hoard To Grow
Dec 18
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$3m |
| Jun 30 2024 | n/a | n/a | -US$3m |
| Mar 31 2024 | n/a | n/a | -US$3m |
| Dec 31 2023 | US$274k | US$161k | -US$3m |
| Sep 30 2023 | n/a | n/a | -US$4m |
| Jun 30 2023 | n/a | n/a | -US$3m |
| Mar 31 2023 | n/a | n/a | -US$3m |
| Dec 31 2022 | US$293k | US$154k | -US$3m |
| Sep 30 2022 | n/a | n/a | -US$3m |
| Jun 30 2022 | n/a | n/a | -US$5m |
| Mar 31 2022 | n/a | n/a | -US$6m |
| Dec 31 2021 | US$345k | US$150k | -US$6m |
| Sep 30 2021 | n/a | n/a | -US$7m |
| Jun 30 2021 | n/a | n/a | -US$6m |
| Mar 31 2021 | n/a | n/a | -US$6m |
| Dec 31 2020 | US$298k | US$150k | -US$5m |
| Sep 30 2020 | n/a | n/a | -US$3m |
| Jun 30 2020 | n/a | n/a | -US$3m |
| Mar 31 2020 | n/a | n/a | -US$3m |
| Dec 31 2019 | US$287k | US$150k | -US$4m |
| Sep 30 2019 | n/a | n/a | -US$4m |
| Jun 30 2019 | n/a | n/a | -US$4m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$378k | US$185k | -US$4m |
| Sep 30 2018 | n/a | n/a | -US$5m |
| Jun 30 2018 | n/a | n/a | -US$5m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$379k | US$291k | -US$6m |
Compensation vs Market: Karl M.'s total compensation ($USD274.07K) is above average for companies of similar size in the Canadian market ($USD169.13K).
Compensation vs Earnings: Karl M.'s compensation has been consistent with company performance over the past year.
CEO
Karl M. Hanneman (66 yo)
7.8yrs
Tenure
US$274,067
Compensation
Mr. Karl M. L. Hanneman has been Chief Executive Officer of International Tower Hill Mines Ltd. since January 31, 2017. He serves as an Independent Director of Gatos Silver, Inc., since 2020.Mr. Hanneman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.8yrs | US$274.07k | 0.11% CA$ 133.6k | |
| Chief Financial Officer | 9.5yrs | US$58.06k | no data | |
| Investor & Community Relations Manager | no data | no data | no data | |
| Corporate Controller & Corporate Secretary | 13.8yrs | no data | no data |
9.5yrs
Average Tenure
Experienced Management: ITH's management team is seasoned and experienced (9.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.5yrs | US$274.07k | 0.11% CA$ 133.6k | |
| Independent Director | 33.1yrs | US$68.87k | 0.37% CA$ 461.0k | |
| Independent Director | 1.4yrs | US$67.26k | no data | |
| Lead Independent Director | 11.3yrs | US$68.87k | 0.043% CA$ 53.6k | |
| Independent Director | 6.6yrs | US$68.87k | no data | |
| Independent Chairman of the Board | 7.9yrs | no data | no data |
7.3yrs
Average Tenure
56yo
Average Age
Experienced Board: ITH's board of directors are considered experienced (7.3 years average tenure).