A-Mark Precious Metals Management

Management criteria checks 4/4

A-Mark Precious Metals' CEO is Greg Roberts, appointed in Jul 2005, has a tenure of 18.75 years. total yearly compensation is $1.45M, comprised of 38.6% salary and 61.4% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth €1.08M. The average tenure of the management team and the board of directors is 4.5 years and 9.6 years respectively.

Key information

Greg Roberts

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage	38.6%
CEO tenure	18.8yrs
CEO ownership	0.1%
Management average tenure	4.5yrs
Board average tenure	9.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Roberts's remuneration changed compared to A-Mark Precious Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$110m
Sep 30 2023	n/a	n/a	US$130m
Jun 30 2023	US$1m	US$560k	US$156m
Mar 31 2023	n/a	n/a	US$152m
Dec 31 2022	n/a	n/a	US$153m
Sep 30 2022	n/a	n/a	US$152m
Jun 30 2022	US$2m	US$560k	US$133m
Mar 31 2022	n/a	n/a	US$146m
Dec 31 2021	n/a	n/a	US$185m
Sep 30 2021	n/a	n/a	US$163m
Jun 30 2021	US$2m	US$560k	US$160m
Mar 31 2021	n/a	n/a	US$126m
Dec 31 2020	n/a	n/a	US$61m
Sep 30 2020	n/a	n/a	US$53m
Jun 30 2020	US$2m	US$560k	US$31m
Mar 31 2020	n/a	n/a	US$12m
Dec 31 2019	n/a	n/a	US$2m
Sep 30 2019	n/a	n/a	US$872k
Jun 30 2019	US$976k	US$560k	US$2m
Mar 31 2019	n/a	n/a	US$11k
Dec 31 2018	n/a	n/a	-US$2m
Sep 30 2018	n/a	n/a	-US$2m
Jun 30 2018	US$569k	US$540k	-US$3m
Mar 31 2018	n/a	n/a	US$860k
Dec 31 2017	n/a	n/a	US$3m
Sep 30 2017	n/a	n/a	US$6m
Jun 30 2017	US$1m	US$520k	US$7m

Compensation vs Market: Greg's total compensation ($USD1.45M) is about average for companies of similar size in the German market ($USD1.28M).

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

CEO

Greg Roberts (61 yo)

18.8yrs

Tenure

US$1,451,081

Compensation

Mr. Gregory N. Roberts, also known as Greg, has been the Chief Executive Officer of A-Mark Precious Metals, Inc. since July 2005. Mr. Roberts has been the Chief Executive Officer and President of Spectrum...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregory Roberts	CEO & Director	18.8yrs	US$1.45m	0.12% $ 1.1m
Thor Gjerdrum	President	7.6yrs	US$1.43m	0.058% $ 512.8k
Kathleen Simpson-Taylor	CFO, Executive VP & Assistant Secretary	4.6yrs	US$928.73k	0% $ 0
Brian Aquilino	Chief Operating Officer	4.1yrs	US$782.14k	no data
Michael Wittmeyer	Director & Consultant	1.3yrs	US$757.09k	1.73% $ 15.2m
Steven Reiner	Executive VP of Capital Markets & Investor Relations and President of CFC	no data	no data	no data
Carol Meltzer	Executive VP	10.1yrs	US$311.30k	0.096% $ 845.2k
David Madge	Chief Marketing Officer	7.6yrs	US$654.03k	no data
Jamie Meadows	President of AMST	no data	no data	no data
Kevin Pelo	Executive VP & Head of Global Trading	4.1yrs	no data	no data
Rick Gibbons	Senior Vice President of Trading for Global Precious Metals	2.9yrs	no data	no data
Sadie Sayyah	President of Goldline	4.4yrs	no data	no data

4.5yrs

Average Tenure

60yo

Average Age

Experienced Management: AND's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gregory Roberts	CEO & Director	18.8yrs	US$1.45m	0.12% $ 1.1m
Michael Wittmeyer	Director & Consultant	3.1yrs	US$757.09k	1.73% $ 15.2m
Carol Meltzer	Executive VP	2.3yrs	US$311.30k	0.096% $ 845.2k
Ellis Landau	Independent Director	10.1yrs	US$135.00k	1.56% $ 13.7m
Jess Ravich	Independent Director	10.1yrs	US$130.00k	1.49% $ 13.0m
Jeffrey Benjamin	Independent Chairman	10.1yrs	US$240.01k	6.76% $ 59.4m
John Moorhead	Independent Director	10.1yrs	US$131.67k	0.097% $ 849.1k
Beverley Lepine	Independent Director	9.2yrs	US$125.00k	0.0066% $ 57.6k
Kendall Saville	Independent Director	3.1yrs	US$125.00k	1.31% $ 11.5m
Monique Sanchez	Independent Director	3.1yrs	US$125.00k	0% $ 0

9.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: AND's board of directors are considered experienced (9.6 years average tenure).

A-Mark Precious Metals Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Independent Director recently bought €472k worth of stock

Director & Consultant recently sold €544k worth of stock

A-Mark Precious Metals, Inc. Appoints Roy Friedman to Serve as Senior Vice President of Trading, Global Precious Metals

A-Mark Precious Metals, Inc., Annual General Meeting, Nov 15, 2023

Director & Consultant recently sold €158k worth of stock

Recent updates

A-Mark Precious Metals, Inc. to Report Q3, 2024 Results on May 07, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 25%

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on April 29, 2024

Insufficient new directors

Independent Director recently bought €472k worth of stock

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) completed the acquisition of Lpm Group Limited from Asset Marketing Services, LLC.

Director & Consultant recently sold €544k worth of stock

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.43 in 2Q 2023)

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. to Report Q2, 2024 Results on Feb 06, 2024

A-Mark Precious Metals Announces Quarterly Cash Dividend, Payable on January 29, 2024

New major risk - Earnings quality

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. Appoints Roy Friedman to Serve as Senior Vice President of Trading, Global Precious Metals

A-Mark Precious Metals, Inc. to Report Q1, 2024 Results on Nov 07, 2023

A-Mark Precious Metals, Inc., Annual General Meeting, Nov 15, 2023

Upcoming dividend of US$0.20 per share at 2.7% yield

Director & Consultant recently sold €158k worth of stock

Full year 2023 earnings released: EPS: US$6.68 (vs US$5.81 in FY 2022)

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on October 24, 2023

A-Mark Precious Metals, Inc. to Report Q4, 2023 Results on Aug 31, 2023

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) completed the acquisition of 25% stake in C & C Jewellery Limited.

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

Third quarter 2023 earnings released: EPS: US$1.53 (vs US$1.64 in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

Second quarter 2023 earnings released: EPS: US$1.43 (vs US$1.40 in 2Q 2022)

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. to Report Q2, 2023 Results on Feb 06, 2023

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) acquired 12% stake in Texas Precious Metals. LLC for $5 million.

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on January 27, 2023

First quarter 2023 earnings released: EPS: US$1.93 (vs US$1.16 in 1Q 2022)

A-Mark Precious Metals, Inc. to Report Q1, 2023 Results on Nov 08, 2022

Upcoming dividend of US$0.20 per share

Investor sentiment deteriorated over the past week

A-Mark Precious Metals, Inc., Annual General Meeting, Oct 27, 2022

Full year 2022 earnings released: EPS: US$5.81 (vs US$9.57 in FY 2021)

A-Mark Precious Metals Announces Special Cash Dividend, Payable on September 26, 2022

A-Mark Precious Metals, Inc. to Report Q4, 2022 Results on Aug 30, 2022

Investor sentiment deteriorated over the past week

A-Mark Precious Metals, Inc. (NASDAQ: AMRK) completed the acquisition of 40% stake in Silver Gold Bull Inc.

Director & CEO of JM Bullion recently sold €385k worth of stock

Director & CEO of JM Bullion recently sold €2.2m worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$3.27 (vs US$9.54 in 3Q 2021)

Now 20% undervalued

A-Mark Precious Metals, Inc. to Report Q3, 2022 Results on May 05, 2022

Now 23% undervalued

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Independent Director recently sold €512k worth of stock

First quarter 2022 earnings released: EPS US$2.31 (vs US$3.28 in 1Q 2021)

Independent Director recently sold €131k worth of stock

Investor sentiment improved over the past week

A-Mark Precious Metals, Inc. Approves Non-Recurring Special Dividend, Payable on or About September 24, 2021

Full year 2021 earnings released: EPS US$19.13 (vs US$4.34 in FY 2020)

Insider recently sold €721k worth of stock

Executive VP recently sold €124k worth of stock

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$9.54 (vs US$1.61 in 3Q 2020)

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) completed the acquisition of remaining 79.5% stake in JM Bullion, Inc.

New 90-day high: €30.20

Investor sentiment improved over the past week

A-Mark Precious Metals, Inc. has completed a Follow-on Equity Offering in the amount of $70 million.

A-Mark Precious Metals, Inc. Announces Board Appointments

Second quarter 2021 earnings released: EPS US$1.26 (vs US$0.17 in 2Q 2020)

Revenue misses expectations

A-Mark Precious Metals, Inc. to Report Q2, 2021 Results on Feb 09, 2021

Investor sentiment improved over the past week