Lucara Diamond Management

Management criteria checks 3/4

Lucara Diamond's CEO is William Lamb, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is $789.91K, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth CA$128.96K. The average tenure of the management team and the board of directors is 3.1 years and 5 years respectively.

Key information

William Lamb

Chief executive officer

US$789.9k

Total compensation

CEO salary percentage	26.7%
CEO tenure	less than a year
CEO ownership	0.09%
Management average tenure	3.1yrs
Board average tenure	5yrs

Recent management updates

Recent updates

Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

Feb 01

Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

Dec 08

Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

Aug 16

Would Shareholders Who Purchased Lucara Diamond's (TSE:LUC) Stock Five Years Be Happy With The Share price Today?

Mar 08

Calculating The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

Jan 15

Lucara Diamond (TSE:LUC) Is Making Moderate Use Of Debt

Dec 11

CEO Compensation Analysis

How has William Lamb's remuneration changed compared to Lucara Diamond's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$790k	US$211k	-US$20m
Sep 30 2023	n/a	n/a	US$24m
Jun 30 2023	n/a	n/a	US$15m
Mar 31 2023	n/a	n/a	US$22m
Dec 31 2022	n/a	n/a	US$40m
Sep 30 2022	n/a	n/a	US$35m
Jun 30 2022	n/a	n/a	US$46m
Mar 31 2022	n/a	n/a	US$39m
Dec 31 2021	n/a	n/a	US$24m
Sep 30 2021	n/a	n/a	US$18m
Jun 30 2021	n/a	n/a	US$203k
Mar 31 2021	n/a	n/a	-US$20m
Dec 31 2020	n/a	n/a	-US$26m
Sep 30 2020	n/a	n/a	-US$14m
Jun 30 2020	n/a	n/a	-US$12m
Mar 31 2020	n/a	n/a	US$2m
Dec 31 2019	n/a	n/a	US$13m
Sep 30 2019	n/a	n/a	-US$2m
Jun 30 2019	n/a	n/a	US$7m
Mar 31 2019	n/a	n/a	US$26m
Dec 31 2018	US$2m	US$121k	US$12m
Sep 30 2018	n/a	n/a	US$19m
Jun 30 2018	n/a	n/a	US$47m
Mar 31 2018	n/a	n/a	US$60m
Dec 31 2017	US$964k	US$501k	US$65m

Compensation vs Market: William's total compensation ($USD789.91K) is above average for companies of similar size in the Canadian market ($USD174.55K).

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

CEO

William Lamb (52 yo)

less than a year

Tenure

US$789,908

Compensation

Mr. William Lamb, M.B.A. serves as President and Chief Executive Officer and Director of Lucara Diamond Corp. since August 2023. He serves as Director of Calisto Cobre Resources Corp. He was President, Chi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Lamb	President	less than a year	US$789.91k	0.091% $ 129.0k
Catherine McLeod-Seltzer	Co-Founder & Independent Director	no data	US$104.91k	0.98% $ 1.4m
Naseem Lahri	MD & Director of Lucara Botswana (Pty) Limited	11.1yrs	US$712.47k	0.13% $ 185.0k
Johane Mchive	General Manager of the Karowe Mine	6.8yrs	US$540.39k	0.087% $ 123.5k
Glenn Kondo	Chief Financial Officer	less than a year	US$910.20k	0.0056% $ 8.0k
Sophia Shane	Executive Officer of Corporate Development	no data	no data	no data
Steven Lincoln	Director of Sales & Marketing	no data	no data	no data
Christopher Schauffele	Project Manager	no data	no data	no data
Jennifer Harmer	Director of Finance	5.5yrs	no data	no data
Robert Eriksson	Investor Relations & Public Relations Officer of Sweden	no data	no data	no data

3.1yrs

Average Tenure

61yo

Average Age

Experienced Management: LUC's management team is considered experienced (3.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Lamb	President	less than a year	US$789.91k	0.091% $ 129.0k
Catherine McLeod-Seltzer	Co-Founder & Independent Director	6.2yrs	US$104.91k	0.98% $ 1.4m
Naseem Lahri	MD & Director of Lucara Botswana (Pty) Limited	11.1yrs	US$712.47k	0.13% $ 185.0k
Paul Conibear	Independent Chairman	17yrs	US$118.49k	0.083% $ 118.7k
Vera Inkster	Independent Director	9.8yrs	US$121.89k	0.039% $ 55.8k
Sheila Colman	Independent Nominee Director	no data	no data	no data
Ian Gibbs	Independent Nominee Director	no data	no data	no data
Adam Lundin	Independent Director	1.9yrs	US$116.98k	0.22% $ 310.0k
David Dicaire	Independent Director	3.9yrs	US$129.06k	no data
Peter O'Callaghan	Independent Director	3.9yrs	US$116.98k	no data

5.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: LUC's board of directors are considered experienced (5 years average tenure).

Lucara Diamond Management

Management criteria checks 3/4

Key information

Recent management updates

President recently bought CA$64k worth of stock

Lucara Diamond Corp., Annual General Meeting, May 10, 2024

Lucara Diamond Corp. Announces Resignation of Zara Boldt as Chief Financial Officer, Effective December 29, 2023

President recently bought CA$99k worth of stock

High number of new directors

Lucara Diamond Corp. Announces Executive Changes

Recent updates

New minor risk - Market cap size

Lucara Diamond Corp. Announces Updated Feasibility Study for Karowe Under Underground Project

President recently bought CA$64k worth of stock

Lucara Diamond Corp., Annual General Meeting, May 10, 2024

Lucara Diamond Corp. Unveils Diamond Recovery from Its Karowe Diamond Mine

Full year 2023 earnings released: US$0.044 loss per share (vs US$0.089 profit in FY 2022)

Lucara Diamond Corp. Provides Earnings and Production Guidance for the Year 2024

Lucara Diamond Corp. to Report Fiscal Year 2023 Results on Feb 20, 2024

Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2024

Third quarter 2023 earnings released: EPS: US$0.023 (vs US$0.004 in 3Q 2022)

Lucara Diamond Corp. Revises Operating Guidance for the Full Year 2023

Lucara Diamond Corp. to Report Q3, 2023 Results on Nov 10, 2023

Lucara Diamond Corp. Announces Resignation of Zara Boldt as Chief Financial Officer, Effective December 29, 2023

President recently bought CA$99k worth of stock

Lucara Diamond Corp. Announces Recovery of 692.3 Carat Diamond from the Karowe Diamond Mine in Botswana

High number of new directors

Lucara Diamond Corp. Announces Executive Changes

Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.028 in 2Q 2022)

Lucara Diamond Corp. Announces Recovery of Fourth Diamond in Excess of 1,000 Carats from the Karowe Mine in Botswana, a 1,080 Carat Type IIa White Gem Quality Diamond from the South Lobe

Lucara Diamond Corp. to Report Q2, 2023 Results on Aug 09, 2023

Lucara Diamond Corp. Provides Karowe Underground Expansion Project Update

First quarter 2023 earnings released: EPS: US$0.002 (vs US$0.042 in 1Q 2022)

Lucara Diamond Corp. Reaffirms Operating and Revenue Guidance for the Full Year 2023

Is Lucara Diamond (TSE:LUC) A Risky Investment?

Full year 2022 earnings released: EPS: US$0.089 (vs US$0.056 in FY 2021)

Lucara Diamond Corp., Annual General Meeting, May 12, 2023

Lucara Diamond Corp. to Report Q4, 2022 Results on Feb 21, 2023

Lucara Diamond (TSE:LUC) Has A Pretty Healthy Balance Sheet

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Consensus EPS estimates fall by 29%

Third quarter 2022 earnings released: EPS: US$0.004 (vs US$0.029 in 3Q 2021)

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2022

Consensus EPS estimates increase by 16%

Second quarter 2022 earnings released: EPS: US$0.028 (vs US$0.015 in 2Q 2021)

Lucara Diamond Corp.'S Founder and Former Chairman and Director Lukas H. Lundin Passes Away

Consensus forecasts updated

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 19%

Less than half of directors are independent

Lucara Diamond Corp. Provides Sales and Operating Guidance for the Full Year of 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

A Look At The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

Consensus forecasts updated

Consensus EPS estimates fall by 44%

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Lucara Diamond Corp. Provides Revenue Guidance for the Full Year of 2022

Lucara Announces Retirement of Lukas Lundin as Chairman

Lucara Diamond Corp. to Report Q1, 2022 Results on May 05, 2022

Consensus forecasts updated

Lucara Diamond Corp. Provides Revenue Guidance for Full Year of 2022

Here's Why Lucara Diamond (TSE:LUC) Has A Meaningful Debt Burden

Third quarter 2021 earnings released: EPS US$0.029 (vs US$0.014 loss in 3Q 2020)

Lucara Diamond Corp. Announces That the Board of Directors Has Formally Approved the Karowe Underground Expansion Project

Zebra Holdings and Investments S.à.r.l., Lorito Holdings S.à.r.l. and Nemesia S.à.r.l. acquired 5.25% stake in Lucara Diamond Corp. (TSX:LUC) for CAD 15.8 million.

Lucara Diamond Corp. Revises Operating Guidance for the Full Year 2021

Second quarter 2021 earnings released: EPS US$0.015 (vs US$0.035 loss in 2Q 2020)

Lucara Diamond Corp. Announces Karowe Underground Expansion Project Update

Lucara Diamond Corp. announced that it has received CAD 25.3575 million in funding from Nemesia S.à.r.l.

Lucara Diamond Corp. Announces the Recovery of a 62.7 Carat Fancy Pink Diamond from Its 100% Owned Karowe Diamond Mine Located in Botswana

Insider exercised options to buy CA$41k worth of stock.

Lucara Diamond Corp. Recovers 1,174 Carat Diamond from the Karowe Mine in Botswana

Lucara Diamond Corp. Recovers 470 Carat Diamond from the Karowe Mine in Botswana

First quarter 2021 earnings released: EPS US$0.009 (vs US$0.008 loss in 1Q 2020)

Lucara Diamond Corp. Provides Operating Guidance for the Full Year 2021