Lundin Gold Management
Management criteria checks 2/4
Lundin Gold's CEO is Ron Hochstein, appointed in Dec 2014, has a tenure of 9.33 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$15.25M. The average tenure of the management team and the board of directors is 1.6 years and 2.8 years respectively.
Key information
Ron Hochstein
Chief executive officer
US$2.4m
Total compensation
| CEO salary percentage | 23.2% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.6yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Does Lundin Gold (TSE:LUG) Deserve A Spot On Your Watchlist?
Mar 25
Lundin 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 10Estimating The Fair Value Of Lundin Gold Inc. (TSE:LUG)
Feb 20Is Lundin Gold (TSE:LUG) A Risky Investment?
Feb 06Lundin Gold (TSE:LUG) Is Investing Its Capital With Increasing Efficiency
Jan 04Is There An Opportunity With Lundin Gold Inc.'s (TSE:LUG) 44% Undervaluation?
Oct 27Here's Why Lundin Gold (TSE:LUG) Can Manage Its Debt Responsibly
Sep 27We Like Lundin Gold's (TSE:LUG) Returns And Here's How They're Trending
Aug 30More Unpleasant Surprises Could Be In Store For Lundin Gold Inc.'s (TSE:LUG) Shares After Tumbling 25%
Jul 16Is Lundin Gold (TSE:LUG) Using Too Much Debt?
Jun 17Here's Why I Think Lundin Gold (TSE:LUG) Might Deserve Your Attention Today
May 20An Intrinsic Calculation For Lundin Gold Inc. (TSE:LUG) Suggests It's 48% Undervalued
Apr 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD3.46M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
CEO
Ron Hochstein (62 yo)
9.3yrs
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. He serves as an Independent Chairman of th...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$2.40m | 0.34% $ 15.3m | |
| Chief Financial Officer | less than a year | US$1.85m | 0.0025% $ 113.3k | |
| Chief Operating Officer | 1.1yrs | US$1.09m | no data | |
| VP of Legal & Sustainability and Corporate Secretary | 9.2yrs | US$810.55k | 0.016% $ 700.7k | |
| Senior Vice President of Finance | less than a year | US$971.71k | 0.097% $ 4.4m | |
| Vice President of Exploration | 2.1yrs | US$619.07k | no data | |
| Director of Investor Relations & Corporate Development | no data | no data | no data |
1.6yrs
Average Tenure
Experienced Management: LUG's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.8yrs | US$2.40m | 0.34% $ 15.3m | |
| Independent Lead Director | 8.9yrs | US$190.74k | 0.22% $ 9.9m | |
| Independent Director | 19.3yrs | US$172.31k | 0.060% $ 2.7m | |
| Independent Director | 9.3yrs | US$146.00k | 0.0085% $ 382.9k | |
| Independent Director | less than a year | US$126.88k | no data | |
| Independent Director | 2.8yrs | US$155.26k | 0.0037% $ 166.1k | |
| Independent Chairman | 1.9yrs | US$205.75k | 0.041% $ 1.9m | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
2.8yrs
Average Tenure
52yo
Average Age
Experienced Board: LUG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.