Minaurum Gold Management
Management criteria checks 2/4
Minaurum Gold's CEO is Darrell Rader, appointed in Mar 2010, has a tenure of 14.08 years. total yearly compensation is CA$1.13M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth CA$304.44K. The average tenure of the management team and the board of directors is 4.3 years and 9 years respectively.
Key information
Darrell Rader
Chief executive officer
CA$1.1m
Total compensation
| CEO salary percentage | 17.6% |
| CEO tenure | 14.1yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.3yrs |
| Board average tenure | 9yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | -CA$3m |
| Oct 31 2023 | n/a | n/a | -CA$4m |
| Jul 31 2023 | n/a | n/a | -CA$5m |
| Apr 30 2023 | CA$1m | CA$198k | -CA$8m |
| Jan 31 2023 | n/a | n/a | -CA$7m |
| Oct 31 2022 | n/a | n/a | -CA$8m |
| Jul 31 2022 | n/a | n/a | -CA$9m |
| Apr 30 2022 | CA$993k | CA$198k | -CA$7m |
| Jan 31 2022 | n/a | n/a | -CA$8m |
| Oct 31 2021 | n/a | n/a | -CA$8m |
| Jul 31 2021 | n/a | n/a | -CA$8m |
| Apr 30 2021 | CA$348k | CA$198k | -CA$8m |
| Jan 31 2021 | n/a | n/a | -CA$7m |
| Oct 31 2020 | n/a | n/a | -CA$5m |
| Jul 31 2020 | n/a | n/a | -CA$5m |
| Apr 30 2020 | CA$307k | CA$198k | -CA$5m |
| Jan 31 2020 | n/a | n/a | -CA$6m |
| Oct 31 2019 | n/a | n/a | -CA$7m |
| Jul 31 2019 | n/a | n/a | -CA$6m |
| Apr 30 2019 | CA$232k | CA$208k | -CA$5m |
| Jan 31 2019 | n/a | n/a | -CA$5m |
| Oct 31 2018 | n/a | n/a | -CA$4m |
| Jul 31 2018 | n/a | n/a | -CA$4m |
| Apr 30 2018 | CA$132k | CA$132k | -CA$4m |
| Jan 31 2018 | n/a | n/a | -CA$3m |
| Oct 31 2017 | n/a | n/a | -CA$3m |
| Jul 31 2017 | n/a | n/a | -CA$3m |
| Apr 30 2017 | CA$137k | CA$132k | -CA$2m |
Compensation vs Market: Darrell's total compensation ($USD822.83K) is above average for companies of similar size in the Canadian market ($USD174.55K).
Compensation vs Earnings: Darrell's compensation has increased whilst the company is unprofitable.
CEO
Darrell Rader (44 yo)
14.1yrs
Tenure
CA$1,127,475
Compensation
Mr. Darrell A. Rader, BBA has been the Chief Executive Officer and President of Minaurum Gold Inc. since March 1, 2010. Mr. Rader has been a Self employed consultant since May 2007. He served as Supervisor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.1yrs | CA$1.13m | 0.34% CA$ 304.4k | |
| Co-founder | less than a year | CA$245.15k | 0% CA$ 0 | |
| Chief Financial Officer | 2.6yrs | CA$126.96k | no data | |
| Vice President of Exploration | 13.3yrs | CA$394.96k | 0.29% CA$ 257.4k | |
| Investor Relations & Corporate Development Manager | 4.3yrs | no data | no data | |
| Consultant | no data | no data | no data |
4.3yrs
Average Tenure
Experienced Management: MGG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.1yrs | CA$1.13m | 0.34% CA$ 304.4k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 13.1yrs | CA$146.85k | 0.027% CA$ 24.0k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.8yrs | CA$147.36k | no data |
9.0yrs
Average Tenure
68yo
Average Age
Experienced Board: MGG's board of directors are considered experienced (9 years average tenure).