Fredonia Mining Management

Management criteria checks 3/4

Fredonia Mining's CEO is Estani Auriemma, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is $103.37K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 6.6% of the company’s shares, worth CA$1.29M. The average tenure of the management team and the board of directors is 1.8 years and 3.3 years respectively.

Key information

Estani Auriemma

Chief executive officer

US$103.4k

Total compensation

CEO salary percentage100.0%
CEO tenure3.3yrs
CEO ownership6.6%
Management average tenure1.8yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

We're Not Very Worried About Fredonia Mining's (CVE:FRED) Cash Burn Rate

Feb 02
We're Not Very Worried About Fredonia Mining's (CVE:FRED) Cash Burn Rate

CEO Compensation Analysis

How has Estani Auriemma's remuneration changed compared to Fredonia Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$1m

Mar 31 2024n/an/a

-US$1m

Dec 31 2023n/an/a

-US$1m

Sep 30 2023US$103kUS$103k

-US$3m

Jun 30 2023n/an/a

-US$6m

Mar 31 2023n/an/a

-US$6m

Dec 31 2022n/an/a

-US$5m

Sep 30 2022US$130kUS$130k

-US$3m

Jun 30 2022n/an/a

-US$1m

Mar 31 2022n/an/a

-US$2m

Dec 31 2021n/an/a

-US$3m

Sep 30 2021US$142kUS$142k

-US$3m

Compensation vs Market: Estani's total compensation ($USD103.37K) is below average for companies of similar size in the Canadian market ($USD170.32K).

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


CEO

Estani Auriemma (50 yo)

3.3yrs

Tenure

US$103,369

Compensation

Mr. Estanislao Ricardo Auriemma, also known as Estani, is Director of Pentagon I Capital Corp. since November 03, 2021 and serves as its President, Chief Executive Officer, Chief Financial Officer and Corp...


Leadership Team

NamePositionTenureCompensationOwnership
Ali Mahdavi
Executive Chairman of Board3.3yrsUS$117.80k0.12%
CA$ 23.9k
Estanislao Auriemma
CEO & Director3.3yrsUS$103.37k6.6%
CA$ 1.3m
Ricardo Auriemma
President & Directorno dataUS$22.09k17.64%
CA$ 3.5m
Carlos Espinosa
Chief Financial Officerless than a yearUS$40.55kno data
Martin Auriemma
Principal Geologist1.8yrsno datano data

1.8yrs

Average Tenure

Experienced Management: FRED's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ali Mahdavi
Executive Chairman of Board3.3yrsUS$117.80k0.12%
CA$ 23.9k
Estanislao Auriemma
CEO & Director3.3yrsUS$103.37k6.6%
CA$ 1.3m
Ricardo Auriemma
President & Director3.3yrsUS$22.09k17.64%
CA$ 3.5m
Michael Doolan
Independent Director3.3yrsUS$22.09k0.13%
CA$ 24.9k
Waldo Perez
Independent Director3.3yrsUS$22.09k1.16%
CA$ 227.6k

3.3yrs

Average Tenure

60yo

Average Age

Experienced Board: FRED's board of directors are considered experienced (3.3 years average tenure).