Gold Royalty Management
Management criteria checks 3/4
Gold Royalty's CEO is Dave Garofalo, appointed in Aug 2020, has a tenure of 4.42 years. total yearly compensation is $1.02M, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €798.82K. The average tenure of the management team and the board of directors is 3.2 years and 3.8 years respectively.
Key information
Dave Garofalo
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 47.1% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.2yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$20m |
| Jun 30 2024 | n/a | n/a | -US$25m |
| Mar 31 2024 | n/a | n/a | -US$25m |
| Dec 31 2023 | US$1m | US$480k | -US$27m |
| Sep 30 2023 | n/a | n/a | -US$10m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$13m |
| Dec 31 2022 | US$871k | US$83k | -US$13m |
| Sep 30 2022 | n/a | n/a | -US$17m |
| Jun 30 2022 | n/a | n/a | -US$22m |
| Mar 31 2022 | n/a | n/a | -US$21m |
| Dec 31 2021 | n/a | n/a | -US$21m |
| Sep 30 2021 | US$1m | US$180k | -US$15m |
Compensation vs Market: Dave's total compensation ($USD1.02M) is about average for companies of similar size in the German market ($USD898.34K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
CEO
Dave Garofalo (59 yo)
4.4yrs
Tenure
US$1,018,197
Compensation
Mr. David A. Garofalo, also known as Dave, B. Comm, C. A. CPA and ICD. D. serves as Special Advisor to the Board of Directors at Alto Verde Copper Inc. He served as Strategic Advisor Board at Goldshore Res...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 4.4yrs | US$1.02m | 0.40% € 798.8k | |
| Chief Financial Officer | 2yrs | US$491.47k | 0.067% € 134.6k | |
| Chief Development Officer | 4.3yrs | US$506.75k | 0.097% € 192.9k | |
| Vice President of Evaluations | 3.5yrs | US$425.21k | 0.060% € 118.9k | |
| Manager of Operations and FP&A | no data | no data | no data | |
| Director of Accounting | 3yrs | no data | no data | |
| Director of Technical Services | 4.3yrs | no data | 0.042% € 83.0k | |
| Director of Corporate Development & Investor Relations | 3.2yrs | no data | no data | |
| Vice President of Sustainability | 2.2yrs | no data | no data | |
| Vice President of Capital Markets | less than a year | no data | no data |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Management: 6LS0's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Chairman | 4.4yrs | US$1.02m | 0.40% € 798.8k | |
| Independent Director | 4.2yrs | US$124.75k | 0.099% € 197.1k | |
| Chair of Advisory Board | 2yrs | US$138.05k | 0.64% € 1.3m | |
| Lead Independent Director | 4.4yrs | US$161.33k | 0.78% € 1.6m | |
| Independent Director | 2.9yrs | US$124.77k | 0.045% € 89.7k | |
| Independent Director | 4.2yrs | US$128.49k | 0.037% € 73.8k | |
| Member of Advisory Board | 3.4yrs | no data | no data | |
| Independent Director | 1.8yrs | US$220.14k | 0.029% € 57.3k |
3.8yrs
Average Tenure
59yo
Average Age
Experienced Board: 6LS0's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 12:10 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gold Royalty Corp. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Quast | BMO Capital Markets Equity Research |
| Kerry Smith | Haywood Securities Inc. |
| Gianluca Tucci | Haywood Securities Inc. |