Lundin Mining Management
Management criteria checks 1/4
Lundin Mining's CEO is Jack O. Lundin, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is $2.17M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth CA$4.84M. The average tenure of the management team and the board of directors is 1.4 years and 2 years respectively.
Key information
Jack O. Lundin
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 16.5% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.4yrs |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?
Jan 19
Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now
Jan 01We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings
Nov 08Lundin Mining's (TSE:LUN) Dividend Will Be $0.09
Nov 06These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Sep 19Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09
Aug 28Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
Aug 08Is Lundin Mining (TSE:LUN) A Risky Investment?
Jun 14Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09
May 23Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09
May 09These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively
Mar 13Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate
Feb 20These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Reasonably Well
Jul 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD4.41M).
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 (34 yo)
1.3yrs
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 | 1.3yrs | US$2.17m | 0.040% $ 4.8m | |
| Executive VP & CFO | 1.6yrs | US$1.89m | 0.0077% $ 936.5k | |
| Executive VP & COO | 1.7yrs | US$2.15m | no data | |
| Executive VP & General Counsel | 1.3yrs | US$1.41m | no data | |
| Executive Vice President of Josemaria Project | 1.7yrs | US$1.90m | no data | |
| Vice President of Technology & Innovation | less than a year | no data | no data | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Vice President of Corporate Development & Strategy | 3.3yrs | no data | no data | |
| Vice President of Human Resources | 1.5yrs | no data | no data | |
| Executive Vice President of Technical Services | less than a year | no data | no data | |
| Vice President of Sustainability | less than a year | no data | no data | |
| Director of Governance & Corporate Secretary | 6yrs | no data | 0.0013% $ 156.1k |
1.4yrs
Average Tenure
Experienced Management: LUN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.17m | 0.040% $ 4.8m | |
| Independent Director | 17.5yrs | US$166.44k | 0.011% $ 1.3m | |
| Lead Independent Director | 3.9yrs | US$155.32k | 0.11% $ 13.4m | |
| Independent Director | 17.5yrs | US$172.62k | 0.0065% $ 780.5k | |
| Independent Director | 2.1yrs | US$125.68k | 0.0048% $ 582.0k | |
| Chairman of the Board | 1.9yrs | US$199.48k | 0.087% $ 10.6m | |
| Independent Director | 1.7yrs | US$126.30k | 0.00067% $ 81.1k | |
| Independent Director | 1.1yrs | US$89.24k | no data |
2.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: LUN's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.