Lundin Mining Corporation

TSX:LUN Stock Report

Market Cap: CA$11.1b

Lundin Mining Management

Management criteria checks 1/4

Lundin Mining's CEO is Jack O. Lundin, appointed in Dec 2022, has a tenure of 1.92 years. 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$7.08M. The average tenure of the management team and the board of directors is 1.9 years and 2.6 years respectively.

Key information

Jack O. Lundin

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage16.5%
CEO tenure1.9yrs
CEO ownership0.06%
Management average tenure1.9yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

Nov 11
Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

Estimating The Intrinsic Value Of Lundin Mining Corporation (TSE:LUN)

Oct 21
Estimating The Intrinsic Value Of Lundin Mining Corporation (TSE:LUN)

Why Investors Shouldn't Be Surprised By Lundin Mining Corporation's (TSE:LUN) 26% Share Price Surge

Oct 06
Why Investors Shouldn't Be Surprised By Lundin Mining Corporation's (TSE:LUN) 26% Share Price Surge

Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

Aug 23
Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Aug 09
Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Lundin Mining Corporation Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next

Aug 01
Lundin Mining Corporation Just Missed EPS By 28%: Here's What Analysts Think Will Happen Next

Is Lundin Mining (TSE:LUN) Using Too Much Debt?

Jul 11
Is Lundin Mining (TSE:LUN) Using Too Much Debt?

Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?

Jan 19
Does Lundin Mining (TSE:LUN) Have A Healthy Balance Sheet?

Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now

Jan 01
Pinning Down Lundin Mining Corporation's (TSE:LUN) P/E Is Difficult Right Now

We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings

Nov 08
We Think That There Are More Issues For Lundin Mining (TSE:LUN) Than Just Sluggish Earnings

Lundin Mining's (TSE:LUN) Dividend Will Be $0.09

Nov 06
Lundin Mining's (TSE:LUN) Dividend Will Be $0.09

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Sep 19
These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09

Aug 28
Lundin Mining (TSE:LUN) Is Due To Pay A Dividend Of $0.09

Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Aug 08
Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Is Lundin Mining (TSE:LUN) A Risky Investment?

Jun 14
Is Lundin Mining (TSE:LUN) A Risky Investment?

Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

May 23
Lundin Mining (TSE:LUN) Is Paying Out A Dividend Of $0.09

Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

May 09
Lundin Mining (TSE:LUN) Has Announced A Dividend Of $0.09

These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Mar 13
These 4 Measures Indicate That Lundin Mining (TSE:LUN) Is Using Debt Extensively

Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Feb 20
Lundin Mining Corporation (TSE:LUN) Shares Could Be 31% Below Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Jack O. Lundin's remuneration changed compared to Lundin Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$275m

Jun 30 2024n/an/a

US$171m

Mar 31 2024n/an/a

US$109m

Dec 31 2023US$2mUS$358k

US$242m

Sep 30 2023n/an/a

US$348m

Jun 30 2023n/an/a

US$340m

Mar 31 2023n/an/a

US$228m

Dec 31 2022US$1mUS$26k

US$427m

Sep 30 2022n/an/a

US$510m

Jun 30 2022n/an/a

US$695m

Mar 31 2022n/an/a

US$990m

Dec 31 2021US$112kn/a

US$780m

Compensation vs Market: Jack O.'s total compensation ($USD2.17M) is below average for companies of similar size in the Canadian market ($USD4.24M).

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)

1.9yrs

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

NamePositionTenureCompensationOwnership
Jack O. Lundin
President1.9yrsUS$2.17m0.064%
CA$ 7.1m
Teitur Poulsen
Executive VP & CFO2.2yrsUS$1.89m0.0077%
CA$ 857.0k
Juan Morel
Executive VP & COO2.3yrsUS$2.15mno data
Peter Brady
Executive VP & General Counsel1.8yrsUS$1.41mno data
David Dicaire
Executive Vice President of Josemaria Project2.3yrsUS$1.90mno data
Steve Little
Vice President of Technology & Innovation1.3yrsno datano data
Stephen Williams
Vice President of Investor Relations1.3yrsno datano data
Quinn Yong
Vice President of Corporate Development & Strategy3.8yrsno datano data
Jacinta Zaleski
Vice President of Human Resources2.1yrsno datano data
Tim Walmsley
Vice President of Explorationno datano datano data
Patrick Merrin
Executive Vice President of Technical Servicesless than a yearno datano data
Nathan Monash
Vice President of Sustainabilityless than a yearno datano data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Management: LUN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jack O. Lundin
Presidentless than a yearUS$2.17m0.064%
CA$ 7.1m
Donald Charter
Independent Director18.1yrsUS$166.44k0.011%
CA$ 1.2m
Charles Ashley Heppenstall
Lead Independent Director4.5yrsUS$155.32k0.11%
CA$ 12.2m
Dale Peniuk
Independent Director18.1yrsUS$172.62k0.0064%
CA$ 714.9k
Juliana Lam
Independent Director2.7yrsUS$125.68k0.0048%
CA$ 532.9k
Adam Lundin
Chairman of the Board2.5yrsUS$199.48k0.097%
CA$ 10.8m
Natasha Nella Vaz
Independent Director2.3yrsUS$126.30k0.00067%
CA$ 74.4k
Maria Recart
Independent Director1.7yrsUS$89.24kno data

2.6yrs

Average Tenure

60yo

Average Age

Experienced Board: LUN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.