Minaurum Gold Management
Management criteria checks 3/4
Minaurum Gold's CEO is Darrell Rader, appointed in Mar 2010, has a tenure of 14.67 years. total yearly compensation is CA$337.19K, comprised of 58.7% salary and 41.3% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth CA$247.36K. The average tenure of the management team and the board of directors is 4.8 years and 9.5 years respectively.
Key information
Darrell Rader
Chief executive officer
CA$337.2k
Total compensation
| CEO salary percentage | 58.7% |
| CEO tenure | 14.7yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Here's Why We're Not Too Worried About Minaurum Gold's (CVE:MGG) Cash Burn Situation
Oct 09
Is Minaurum Gold (CVE:MGG) In A Good Position To Invest In Growth?
Nov 29We Think Minaurum Gold (CVE:MGG) Needs To Drive Business Growth Carefully
May 15Minaurum Gold (CVE:MGG) Is In A Good Position To Deliver On Growth Plans
Jan 30
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2024 | n/a | n/a | -CA$3m |
| Apr 30 2024 | CA$337k | CA$198k | -CA$4m |
| 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$4m |
Compensation vs Market: Darrell's total compensation ($USD240.43K) is above average for companies of similar size in the Canadian market ($USD166.75K).
Compensation vs Earnings: Darrell's compensation has been consistent with company performance over the past year.
CEO
Darrell Rader (45 yo)
14.7yrs
Tenure
CA$337,185
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 | 14.7yrs | CA$337.19k | 0.32% CA$ 247.4k | |
| Co-founder | less than a year | CA$13.33k | no data | |
| Chief Financial Officer | 3.2yrs | CA$92.17k | no data | |
| Vice President of Exploration | 13.9yrs | CA$168.48k | 0.27% CA$ 209.1k | |
| Investor Relations & Corporate Development Manager | 4.8yrs | no data | no data | |
| Consultant | no data | no data | no data |
4.8yrs
Average Tenure
Experienced Management: MGG's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.7yrs | CA$337.19k | 0.32% CA$ 247.4k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 13.7yrs | CA$20.00k | 0.025% CA$ 19.5k | |
| Independent Director | less than a year | CA$6.67k | no data | |
| Independent Director | 5.4yrs | CA$20.00k | no data |
9.5yrs
Average Tenure
57yo
Average Age
Experienced Board: MGG's board of directors are considered experienced (9.5 years average tenure).