Orla Mining Management

Management criteria checks 4/4

Orla Mining's CEO is Jason Simpson, appointed in Nov 2018, has a tenure of 5.5 years. total yearly compensation is $1.59M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth CA$10.44M. The average tenure of the management team and the board of directors is 3.9 years and 5.2 years respectively.

Key information

Jason Simpson

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	24.4%
CEO tenure	5.5yrs
CEO ownership	0.6%
Management average tenure	3.9yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Orla Mining (TSE:OLA) Is Using Debt Reasonably Well

Jul 14

Orla Mining (TSE:OLA) Shareholders Will Want The ROCE Trajectory To Continue

May 06

Pinning Down Orla Mining Ltd.'s (TSE:OLA) P/E Is Difficult Right Now

Apr 17

Here's Why Orla Mining (TSE:OLA) Can Manage Its Debt Responsibly

Mar 27

Orla Mining (TSE:OLA) Seems To Use Debt Quite Sensibly

Dec 15

We Think That There Are Some Issues For Orla Mining (TSE:OLA) Beyond Its Promising Earnings

May 19

Orla Mining (TSE:OLA) Is Carrying A Fair Bit Of Debt

Mar 29

Orla Mining (TSE:OLA) Is Making Moderate Use Of Debt

Dec 14

CEO Compensation Analysis

How has Jason Simpson's remuneration changed compared to Orla Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$27m
Sep 30 2023	n/a	n/a	US$50m
Jun 30 2023	n/a	n/a	US$54m
Mar 31 2023	n/a	n/a	US$40m
Dec 31 2022	US$2m	US$388k	US$46m
Sep 30 2022	n/a	n/a	US$22m
Jun 30 2022	n/a	n/a	US$4m
Mar 31 2022	n/a	n/a	US$3m
Dec 31 2021	US$2m	US$376k	-US$26m
Sep 30 2021	n/a	n/a	-US$29m
Jun 30 2021	n/a	n/a	-US$27m
Mar 31 2021	n/a	n/a	-US$28m
Dec 31 2020	US$1m	US$364k	-US$28m
Sep 30 2020	n/a	n/a	-US$25m
Jun 30 2020	n/a	n/a	-US$23m
Mar 31 2020	n/a	n/a	-US$25m
Dec 31 2019	US$1m	US$347k	-US$22m
Sep 30 2019	n/a	n/a	-US$23m
Jun 30 2019	n/a	n/a	-US$24m
Mar 31 2019	n/a	n/a	-US$25m
Dec 31 2018	US$1m	US$45k	-US$22m

Compensation vs Market: Jason's total compensation ($USD1.59M) is about average for companies of similar size in the Canadian market ($USD2.24M).

Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.

CEO

Jason Simpson (48 yo)

5.5yrs

Tenure

US$1,590,013

Compensation

Mr. Jason Douglas Simpson, P.Eng., has been President, Director & Chief Executive Officer of Orla Mining Ltd. since November 12, 2018. Mr. Simpson served as Chief Operating Officer of Torex Gold Resources...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jason Simpson	President	5.5yrs	US$1.59m	0.61% $ 10.4m
Etienne Morin	Chief Financial Officer	6.1yrs	US$773.27k	0.071% $ 1.2m
J. Cormier	Chief Operating Officer	4.1yrs	US$809.72k	0.026% $ 446.4k
Sylvain Guerard	Senior Vice President of Exploration	3.8yrs	US$426.87k	0.0046% $ 78.7k
Chafika Eddine	Chief Sustainability Officer	2.2yrs	US$827.27k	0.00053% $ 9.1k
Paul Mann	Vice President of Finance & Accounting	2.1yrs	no data	0.063% $ 1.1m
Andrew Bradbury	Vice President of Corporate Development & Investor Relations	4.3yrs	no data	0.0044% $ 75.3k
Brendan DePoe	Corporate Counsel & Corporate Secretary	3.3yrs	no data	no data

3.9yrs

Average Tenure

58yo

Average Age

Experienced Management: OLA's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jason Simpson	President	5.5yrs	US$1.59m	0.61% $ 10.4m
Charles Jeannes	Independent Non-Executive Chairman	6.9yrs	US$169.87k	1.1% $ 18.9m
Robert Krcmarov	Independent Director	less than a year	no data	no data
Timothy Haldane	Independent Non-Executive Director	6.9yrs	US$107.09k	0.061% $ 1.0m
Jean Robitaille	Independent Non-Executive Director	7.4yrs	US$105.25k	0.60% $ 10.2m
Tamara Brown	Independent Director	1.9yrs	US$83.83k	0.0014% $ 24.0k
Elizabeth McGregor	Independent Non-Executive Director	4.9yrs	US$110.79k	0.0077% $ 132.4k
David Stephens	Independent Non-Executive Director	6.2yrs	US$103.40k	0.0040% $ 67.9k
Scott Langley	Director	1.9yrs	no data	no data
Ana Rios	Independent Director	less than a year	no data	no data

5.2yrs

Average Tenure

48yo

Average Age

Experienced Board: OLA's board of directors are considered experienced (5.2 years average tenure).

Orla Mining Management

Management criteria checks 4/4

Key information

Recent management updates

Orla Mining Ltd., Annual General Meeting, Jun 20, 2024

Independent Non-Executive Director recently sold CA$246k worth of stock

President exercised options to buy CA$2.4m worth of stock.

Independent Non-Executive Chairman recently bought CA$205k worth of stock

Orla Mining Ltd. Appoints Rob Krcmarov to its Board of Directors as an Independent Director

Chief Operating Officer exercised options and sold CA$183k worth of stock

Recent updates

Orla Mining Ltd. (TSX:OLA) completed the acquisition of Contact Gold Corp. (TSXV:C).

Orla Mining Ltd., Annual General Meeting, Jun 20, 2024

Investors Will Want Orla Mining's (TSE:OLA) Growth In ROCE To Persist

Orla Mining Ltd. to Report Q1, 2024 Results on May 14, 2024

Orla Mining Ltd. Confirms Strong Carlin-Type Gold Mineralization at North Bullion Deposit and Defines New Drill Targets Across the South Railroad Project

Independent Non-Executive Director recently sold CA$246k worth of stock

Full year 2023 earnings: EPS misses analyst expectations

Orla Mining Ltd. Provides Production Guidance for the Year 2024

Orla Mining Drills Oxide Mineralization Outside Projected Open Pits At South Railroad Project in Nevada

The Price Is Right For Orla Mining Ltd. (TSE:OLA)

Investor sentiment improves as stock rises 16%

Orla Mining Ltd. (TSX:OLA) entered into a definitive arrangement agreement to acquire Contact Gold Corp. (TSXV:C) for CAD 11.3 million.

Orla Mining Ltd. Discovers New Style of Sulphide Mineralization At Camino Rojo Extending 0.5Km Beyond Current Resources

Is There An Opportunity With Orla Mining Ltd.'s (TSE:OLA) 22% Undervaluation?

Orla Mining Ltd. Provides Update on Infill Drilling at Camino Rojo Sulphides Deposit with Multiple Highly Positive Drill Intersections

Orla Mining Ltd. Provides Update on Infill Drilling at Camino Rojo Sulphides Deposit with Multiple Highly Positive Drill Intersections

Is Orla Mining (TSE:OLA) Using Too Much Debt?

Orla Mining Ltd. Reports Positive Results of Layback and Oxide Extension Drilling at Camino Rojo Mine

Orla Mining Ltd. to Report Q4, 2023 Results on Mar 20, 2024

Orla Mining Ltd. Provides Production Guidance for the Year 2024

Returns Are Gaining Momentum At Orla Mining (TSE:OLA)

Orla Mining Ltd. Provides Update on Panama and the Cerro Quema Project

President exercised options to buy CA$2.4m worth of stock.

Independent Non-Executive Chairman recently bought CA$205k worth of stock

Orla Mining Ltd. Appoints Rob Krcmarov to its Board of Directors as an Independent Director

Third quarter 2023 earnings released: EPS: US$0.017 (vs US$0.031 in 3Q 2022)

New major risk - Revenue and earnings growth

Orla Mining Ltd. Increasing Full Year Gold Production Guidance for 2023

Orla Mining Ltd. Increasing Full Year Gold Production Guidance for 2023

Investor sentiment deteriorates as stock falls 16%

Should You Be Adding Orla Mining (TSE:OLA) To Your Watchlist Today?

Chief Operating Officer exercised options and sold CA$183k worth of stock

Independent Non-Executive Director recently sold CA$1.6m worth of stock

Orla Mining (TSE:OLA) Might Have The Makings Of A Multi-Bagger

Independent Non-Executive Director exercised options and sold CA$365k worth of stock

Second quarter 2023 earnings released: EPS: US$0.041 (vs US$0.002 loss in 2Q 2022)

These 4 Measures Indicate That Orla Mining (TSE:OLA) Is Using Debt Reasonably Well

Orla Mining Ltd. Provides Update on Successful Drilling Program in Mexico

Orla Mining Ltd. Elects Ana Sofía Ríos as Director

Independent Non-Executive Director exercised options and sold CA$297k worth of stock

Orla Mining Ltd. Provides Production Guidance for the Year 2023

Orla Mining (TSE:OLA) Shareholders Will Want The ROCE Trajectory To Continue

Pinning Down Orla Mining Ltd.'s (TSE:OLA) P/E Is Difficult Right Now

Vice President of Finance & Accounting recently sold CA$2.1m worth of stock

Now 20% undervalued

Here's Why Orla Mining (TSE:OLA) Can Manage Its Debt Responsibly

Chief Financial Officer exercised options and sold CA$640k worth of stock

Orla Mining Ltd. Advances Caballito and Pava Copper-Gold Sulphide Mineralized Zones At Cerro Quema Project, Panama

Orla Mining Ltd. Provides an Update on Its Exploration Activities on Its South Railroad Project

Orla Mining Continues to Intersect Wide, Higher-Grade Sulphide Zones and Expose Deeper Potential At Camino Rojo, Mexico

Orla Mining Ltd. Provides Production Guidance for the Year 2023

Orla Mining Ltd. to Report Q4, 2022 Results on Mar 17, 2023

Chief Financial Officer exercised options to buy CA$567k worth of stock.

Chief Operating Officer recently sold CA$70k worth of stock

Orla Mining (TSE:OLA) Seems To Use Debt Quite Sensibly

Independent Non-Executive Director recently sold CA$1.2m worth of stock

Chief Financial Officer recently sold CA$1.0m worth of stock

Independent Non-Executive Director recently sold CA$532k worth of stock

Orla Mining Ltd. Revises Production Guidance for the Year 2022

Orla Mining Ltd. Increases Production Guidance for the Full Year 2022

Orla Mining Ltd. to Report Q3, 2022 Results on Nov 11, 2022

Orla Mining Ltd. Provides Update on its 2022 Exploration Program

Orla Mining Ltd. Provides Production Guidance for the Full Year 2022

Independent Non-Executive Director recently sold CA$256k worth of stock

Independent Non-Executive Director recently sold CA$346k worth of stock

Orla Mining Ltd. to Report Q2, 2022 Results on Aug 09, 2022

Orla Mining Ltd. Appoints Tamara Brown and Scott Langley as Directors

Independent Non-Executive Director exercised options to buy CA$1.3m worth of stock.

Orla Mining Ltd. (TSX:OLA) entered into a definitive agreement to acquire Gold Standard Ventures Corp (TSX:GSV) from Newmont Corporation (NYSE:NEM) for approximately CAD 240 million.