Lundin Gold Management
Management criteria checks 4/4
Lundin Gold's CEO is Ron Hochstein, appointed in Dec 2014, has a tenure of 9.92 years. total yearly compensation is $2.40M, comprised of 23.2% salary and 76.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CA$25.71M. The average tenure of the management team and the board of directors is 2.2 years and 3.4 years respectively.
Key information
Ron Hochstein
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 23.2% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Shareholders Can Be Confident That Lundin Gold's (TSE:LUG) Earnings Are High Quality
Nov 15
Why Investors Shouldn't Be Surprised By Lundin Gold Inc.'s (TSE:LUG) P/E
Nov 07Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 23A Look At The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Sep 09Lundin Gold (TSE:LUG) Has Announced That It Will Be Increasing Its Dividend To $0.20
Aug 12Lundin Gold Inc. (TSE:LUG) Not Flying Under The Radar
Aug 09The Trend Of High Returns At Lundin Gold (TSE:LUG) Has Us Very Interested
Jul 25Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Jun 10Analyst Estimates: Here's What Brokers Think Of Lundin Gold Inc. (TSE:LUG) After Its First-Quarter Report
May 12A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
May 03Shareholders Would Enjoy A Repeat Of Lundin Gold's (TSE:LUG) Recent Growth In Returns
Apr 21Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?
Mar 25Lundin Gold (TSE:LUG) Has Announced A Dividend Of $0.1348
Feb 29Lundin Gold (TSE:LUG) Seems To Use Debt Rather Sparingly
Feb 22Investors Interested In Lundin Gold Inc.'s (TSE:LUG) Earnings
Jan 25Estimating The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Dec 13We Like Lundin Gold's (TSE:LUG) Returns And Here's How They're Trending
Nov 29Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
Sep 04Why We Like The Returns At Lundin Gold (TSE:LUG)
Aug 15A Look At The Intrinsic Value Of Lundin Gold Inc. (TSE:LUG)
Jun 20Does Lundin Gold (TSE:LUG) Have A Healthy Balance Sheet?
May 24Investors Shouldn't Overlook Lundin Gold's (TSE:LUG) Impressive Returns On Capital
May 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$308m |
| Jun 30 2024 | n/a | n/a | US$226m |
| Mar 31 2024 | n/a | n/a | US$170m |
| Dec 31 2023 | US$2m | US$555k | US$179m |
| Sep 30 2023 | n/a | n/a | US$100m |
| Jun 30 2023 | n/a | n/a | US$109m |
| Mar 31 2023 | n/a | n/a | US$102m |
| Dec 31 2022 | US$2m | US$550k | US$74m |
| Sep 30 2022 | n/a | n/a | US$171m |
| Jun 30 2022 | n/a | n/a | US$165m |
| Mar 31 2022 | n/a | n/a | US$159m |
| Dec 31 2021 | US$2m | US$535k | US$221m |
| Sep 30 2021 | n/a | n/a | US$191m |
| Jun 30 2021 | n/a | n/a | US$163m |
| Mar 31 2021 | n/a | n/a | US$48m |
| Dec 31 2020 | US$3m | US$499k | -US$47m |
| Sep 30 2020 | n/a | n/a | -US$87m |
| Jun 30 2020 | n/a | n/a | -US$154m |
| Mar 31 2020 | n/a | n/a | -US$121m |
| Dec 31 2019 | US$2m | US$505k | -US$119m |
| Sep 30 2019 | n/a | n/a | -US$102m |
| Jun 30 2019 | n/a | n/a | -US$55m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$1m | US$464k | -US$22m |
| Sep 30 2018 | n/a | n/a | -US$18m |
| Jun 30 2018 | n/a | n/a | -US$41m |
| Mar 31 2018 | n/a | n/a | -US$60m |
| Dec 31 2017 | US$1m | US$358k | -US$41m |
Compensation vs Market: Ron's total compensation ($USD2.40M) is below average for companies of similar size in the Canadian market ($USD4.22M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Hochstein (63 yo)
9.9yrs
Tenure
US$2,397,190
Compensation
Mr. Ronald F. Hochstein, also known as Ron, MBA, P.Eng. B.Sc. (Mineral Process Engineering), is Independent Director of Montage Gold Corp. from February 23, 2024 and serves as its Chairman since June 06, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.9yrs | US$2.40m | 0.34% CA$ 25.7m | |
| Chief Operating Officer | 1.7yrs | US$1.09m | no data | |
| VP of Legal & Sustainability and Corporate Secretary | 9.8yrs | US$810.55k | 0.015% CA$ 1.2m | |
| Senior Vice President of Finance | 1.3yrs | US$971.71k | 0.064% CA$ 4.9m | |
| Vice President of Exploration | 2.7yrs | US$619.07k | no data | |
| Vice President of Corporate Development & Investor Relations | less than a year | no data | no data |
2.2yrs
Average Tenure
Experienced Management: LUG's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 20.4yrs | US$2.40m | 0.34% CA$ 25.7m | |
| Independent Lead Director | 9.5yrs | US$190.74k | 0.22% CA$ 16.8m | |
| Independent Director | 19.8yrs | US$172.31k | 0.063% CA$ 4.8m | |
| Independent Director | 9.8yrs | US$146.00k | 0.0084% CA$ 644.5k | |
| Independent Director | 1.5yrs | US$126.88k | no data | |
| Independent Director | 3.4yrs | US$155.26k | 0.0037% CA$ 279.8k | |
| Independent Chairman | 2.5yrs | US$205.75k | 0.064% CA$ 4.9m | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
3.4yrs
Average Tenure
53yo
Average Age
Experienced Board: LUG's board of directors are considered experienced (3.4 years average tenure).