Lundin Mining Management
Management criteria checks 2/4
Lundin Mining's CEO is Jack O. Lundin, appointed in Dec 2022, has a tenure of less than a year. total yearly compensation is $2.17M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth CA$6.15M. The average tenure of the management team and the board of directors is 2 years and 2.7 years respectively.
Key information
Jack O. Lundin
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 16.5% |
| CEO tenure | 2yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Nov 29
Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
Nov 11Estimating The Intrinsic Value Of Lundin Mining Corporation (TSE:LUN)
Oct 21Why Investors Shouldn't Be Surprised By Lundin Mining Corporation's (TSE:LUN) 26% Share Price Surge
Oct 06Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
Aug 23Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 09Lundin Mining Corporation Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next
Aug 01Is Lundin Mining (TSE:LUN) Using Too Much Debt?
Jul 11Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now
Jan 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$275m |
| Jun 30 2024 | n/a | n/a | US$171m |
| Mar 31 2024 | n/a | n/a | US$109m |
| Dec 31 2023 | US$2m | US$358k | US$242m |
| Sep 30 2023 | n/a | n/a | US$348m |
| Jun 30 2023 | n/a | n/a | US$340m |
| Mar 31 2023 | n/a | n/a | US$228m |
| Dec 31 2022 | US$1m | US$26k | US$427m |
| Sep 30 2022 | n/a | n/a | US$510m |
| Jun 30 2022 | n/a | n/a | US$695m |
| Mar 31 2022 | n/a | n/a | US$990m |
| Dec 31 2021 | US$112k | n/a | US$780m |
Compensation vs Market: Jack O.'s total compensation ($USD2.17M) is below average for companies of similar size in the Canadian market ($USD4.11M).
Compensation vs Earnings: Jack O.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jack O. Lundin (35 yo)
2yrs
Tenure
US$2,166,391
Compensation
Mr. Jack O. A. Lundin serves as Chief Executive Officer of Lundin Mining Corporation since December 4, 2023 and is its Director since January 01, 2024. He serves as Independent Chairman of Lundin Gold Inc....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$2.17m | 0.064% CA$ 6.2m | |
| Executive VP & CFO | 2.3yrs | US$1.89m | 0.0077% CA$ 744.3k | |
| Executive VP & COO | 2.3yrs | US$2.15m | no data | |
| Executive VP & General Counsel | 1.9yrs | US$1.41m | no data | |
| Executive Vice President of Josemaria Project | 2.3yrs | US$1.90m | no data | |
| Vice President of Technology & Innovation | 1.3yrs | no data | no data | |
| Vice President of Investor Relations | 1.3yrs | no data | no data | |
| Vice President of Corporate Development & Strategy | 3.9yrs | no data | no data | |
| Vice President of Human Resources | 2.2yrs | no data | no data | |
| Vice President of Exploration | no data | no data | no data | |
| Executive Vice President of Technical Services | less than a year | no data | no data | |
| Vice President of Sustainability | 1.1yrs | no data | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: LUN's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.17m | 0.064% CA$ 6.2m | |
| Independent Director | 18.2yrs | US$166.44k | 0.011% CA$ 1.0m | |
| Lead Independent Director | 4.6yrs | US$155.32k | 0.11% CA$ 10.6m | |
| Independent Director | 18.2yrs | US$172.62k | 0.0064% CA$ 620.9k | |
| Independent Director | 2.8yrs | US$125.68k | 0.0048% CA$ 462.8k | |
| Chairman of the Board | 2.6yrs | US$199.48k | 0.097% CA$ 9.3m | |
| Independent Director | 2.3yrs | US$126.30k | 0.00067% CA$ 64.6k | |
| Independent Director | 1.8yrs | US$89.24k | no data |
2.7yrs
Average Tenure
60yo
Average Age
Experienced Board: LUN's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:20 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Lundin Mining Corporation is covered by 57 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Olof Grenmark | ABG Sundal Collier |
| Farooq Hamed | Barclays |
| Charlie Clark | Berenberg |