Lucara Diamond Management

Management criteria checks 3/4

Lucara Diamond's CEO is William Lamb, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is $789.91K, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth CA$197.59K. The average tenure of the management team and the board of directors is 1 years and 4.5 years respectively.

Key information

William Lamb

Chief executive officer

US$789.9k

Total compensation

CEO salary percentage26.7%
CEO tenure1.3yrs
CEO ownership0.09%
Management average tenure1yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Here's Why Lucara Diamond (TSE:LUC) Is Weighed Down By Its Debt Load

Sep 17
Here's Why Lucara Diamond (TSE:LUC) Is Weighed Down By Its Debt Load

Lucara Diamond Corp.'s (TSE:LUC) Share Price Boosted 47% But Its Business Prospects Need A Lift Too

Aug 23
Lucara Diamond Corp.'s (TSE:LUC) Share Price Boosted 47% But Its Business Prospects Need A Lift Too

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

Feb 01
Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

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

Dec 08
Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

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

Aug 16
Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

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

Apr 29
Is Lucara Diamond (TSE:LUC) A Risky Investment?

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

Jan 10
Lucara Diamond (TSE:LUC) Has A Pretty Healthy Balance Sheet

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

Apr 23
A Look At The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

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

Nov 07
Here's Why Lucara Diamond (TSE:LUC) Has A Meaningful Debt Burden

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

May 04
Is Lucara Diamond (TSE:LUC) A Risky Investment?

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

Mar 08
Would Shareholders Who Purchased Lucara Diamond's (TSE:LUC) Stock Five Years Be Happy With The Share price Today?

CEO Compensation Analysis

How has William Lamb's remuneration changed compared to Lucara Diamond's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$34m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024n/an/a

-US$29m

Dec 31 2023US$790kUS$211k

-US$20m

Sep 30 2023n/an/a

US$26m

Jun 30 2023n/an/a

US$17m

Mar 31 2023n/an/a

US$23m

Dec 31 2022n/an/a

US$40m

Sep 30 2022n/an/a

US$35m

Jun 30 2022n/an/a

US$46m

Mar 31 2022n/an/a

US$39m

Dec 31 2021n/an/a

US$24m

Sep 30 2021n/an/a

US$18m

Jun 30 2021n/an/a

US$203k

Mar 31 2021n/an/a

-US$20m

Dec 31 2020n/an/a

-US$26m

Sep 30 2020n/an/a

-US$14m

Jun 30 2020n/an/a

-US$12m

Mar 31 2020n/an/a

US$2m

Dec 31 2019n/an/a

US$13m

Sep 30 2019n/an/a

-US$2m

Jun 30 2019n/an/a

US$7m

Mar 31 2019n/an/a

US$26m

Dec 31 2018US$2mUS$121k

US$12m

Sep 30 2018n/an/a

US$19m

Jun 30 2018n/an/a

US$47m

Mar 31 2018n/an/a

US$60m

Dec 31 2017US$964kUS$501k

US$65m

Compensation vs Market: William's total compensation ($USD789.91K) is about average for companies of similar size in the Canadian market ($USD726.09K).

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


CEO

William Lamb (53 yo)

1.3yrs

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

NamePositionTenureCompensationOwnership
William Lamb
President1.3yrsUS$789.91k0.092%
CA$ 197.6k
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited11.7yrsUS$712.47k0.13%
CA$ 283.4k
Johane Mchive
General Manager of the Karowe Mine7.4yrsUS$540.39k0.088%
CA$ 189.3k
Glenn Kondo
Chief Financial Officerless than a yearUS$910.20k0.0057%
CA$ 12.3k
Sophia Shane
Executive Officer of Corporate Developmentno datano datano data
Saretha Louw
Corporate Secretaryless than a yearno datano data
Christopher Schauffele
Project Managerno datano datano data
Jennifer Harmer
Director of Finance6.1yrsno datano data
Lauren Freeman
Vice President of Mineral Resourcesless than a yearno datano data
Robert Eriksson
Investor Relations & Public Relations Officer of Swedenno datano datano data

1.0yrs

Average Tenure

Experienced Management: LUC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
William Lamb
President1.3yrsUS$789.91k0.092%
CA$ 197.6k
Naseem Lahri
MD & Director of Lucara Botswana (Pty) Limited11.7yrsUS$712.47k0.13%
CA$ 283.4k
Paul Conibear
Independent Chairman17.6yrsUS$118.49k0.085%
CA$ 181.9k
Sheila Colman
Independent Nominee Directorno datano datano data
Ian Gibbs
Independent Nominee Directorno datano datano data
Adam Lundin
Independent Director2.5yrsUS$116.98k0.22%
CA$ 475.0k
David Dicaire
Independent Director4.5yrsUS$129.06kno data
Peter O'Callaghan
Independent Director4.5yrsUS$116.98kno data

4.5yrs

Average Tenure

60yo

Average Age

Experienced Board: LUC's board of directors are considered experienced (4.5 years average tenure).