Mongolian Mining Corporation

DB:29X2 Stock Report

Market Cap: €1.1b

Mongolian Mining Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Battsengel Gotov

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage53.0%
CEO tenure16.4yrs
CEO ownershipn/a
Management average tenure5.5yrs
Board average tenure13.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Battsengel Gotov's remuneration changed compared to Mongolian Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$218m

Mar 31 2024n/an/a

US$223m

Dec 31 2023US$2mUS$919k

US$229m

Sep 30 2023n/an/a

US$228m

Jun 30 2023n/an/a

US$228m

Mar 31 2023n/an/a

US$144m

Dec 31 2022US$889kUS$729k

US$59m

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$74m

Mar 31 2022n/an/a

-US$65m

Dec 31 2021US$846kUS$732k

-US$55m

Sep 30 2021n/an/a

-US$21m

Jun 30 2021n/an/a

US$13m

Mar 31 2021n/an/a

US$21m

Dec 31 2020US$867kUS$704k

US$29m

Sep 30 2020n/an/a

US$41m

Jun 30 2020n/an/a

US$52m

Mar 31 2020n/an/a

US$74m

Dec 31 2019US$1mUS$867k

US$97m

Sep 30 2019n/an/a

US$98m

Jun 30 2019n/an/a

US$100m

Mar 31 2019n/an/a

US$92m

Dec 31 2018US$956kUS$616k

US$83m

Sep 30 2018n/an/a

US$56m

Jun 30 2018n/an/a

US$29m

Mar 31 2018n/an/a

US$170m

Dec 31 2017US$1mUS$475k

US$311m

Compensation vs Market: Battsengel's total compensation ($USD1.74M) is about average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Battsengel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Battsengel Gotov (52 yo)

16.4yrs

Tenure

US$1,735,000

Compensation

Dr. Battsengel Gotov serves as the Chief Executive Officer of Mongolian Mining Corporation (also known as Energy Resources, LLC) since June 2008 and has been its Executive Director since May 18, 2010. Dr....


Leadership Team

NamePositionTenureCompensationOwnership
Odjargal Jambaljamts
Chairman of the Board14.5yrsUS$1.33m4.4%
€ 47.9m
Battsengel Gotov
CEO & Executive Director16.4yrsUS$1.74mno data
Ulemj Baskhuu
Executive VP & CFO11.3yrsno datano data
Lkhagva-Ochir Said
VP & COO1.3yrsno datano data
Uurtsaikh Dorjgotov
Executive VP & Chief Legal Counselno datano datano data
Tuvshinbayar Tagarvaa
VP & Chief Marketing Officer7.6yrsno datano data
Oyunbat Lkhagvatsend
President of Development & Growth1.8yrsno datano data
Bayarmaa Bazar
VP & Chief Audit Executive3.8yrsno datano data
Enkhbat Dorjpalam
President of Coal & Energy and Deputy CEO1.8yrsno datano data
Yuet Fan Cheung
Company Secretary7.1yrsno datano data

5.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 29X2's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Odjargal Jambaljamts
Chairman of the Board14.5yrsUS$1.33m4.4%
€ 47.9m
Battsengel Gotov
CEO & Executive Director14.5yrsUS$1.74mno data
Tze Ching Chan
Independent Non-Executive Director14.2yrsUS$58.00k0.024%
€ 258.3k
Unenbat Jigjid
Independent Non-Executive Director14.2yrsUS$19.00kno data
Od Jambaljamts
Non-Executive Director12.3yrsUS$19.00k2.53%
€ 27.6m
Enkhtuvshin Gombo
Non-Executive Director7.2yrsUS$19.00kno data
Khashchuluun Chuluundorj
Independent Non-Executive Director8.8yrsUS$19.00kno data
Myagmarjav Ganbyamba
Non-Executive Director2.8yrsUS$19.00k0.0011%
€ 12.4k

13.3yrs

Average Tenure

58yo

Average Age

Experienced Board: 29X2's board of directors are seasoned and experienced ( 13.3 years average tenure).