Vast Resources Management
Management criteria checks 4/4
Vast Resources' CEO is Richard Prelea, appointed in Jan 2018, has a tenure of 6.92 years. total yearly compensation is $258.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €5.93K. The average tenure of the management team and the board of directors is 7.3 years and 6.7 years respectively.
Key information
Richard Prelea
Chief executive officer
US$258.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 7.3yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | US$258k | US$258k | -US$15m |
| Jan 31 2024 | n/a | n/a | -US$12m |
| Oct 31 2023 | n/a | n/a | -US$10m |
| Jul 31 2023 | n/a | n/a | -US$10m |
| Apr 30 2023 | US$258k | US$258k | -US$11m |
| Jan 31 2023 | n/a | n/a | -US$13m |
| Oct 31 2022 | n/a | n/a | -US$15m |
| Jul 31 2022 | n/a | n/a | -US$15m |
| Apr 30 2022 | US$258k | US$258k | -US$15m |
| Jan 31 2022 | n/a | n/a | -US$15m |
| Oct 31 2021 | n/a | n/a | -US$14m |
| Jul 31 2021 | n/a | n/a | -US$11m |
| Apr 30 2021 | US$227k | US$227k | -US$8m |
| Jan 31 2021 | n/a | n/a | -US$7m |
| Oct 31 2020 | n/a | n/a | -US$6m |
| Jul 31 2020 | n/a | n/a | -US$7m |
| Apr 30 2020 | US$226k | US$226k | -US$8m |
| Oct 31 2019 | n/a | n/a | -US$12m |
| Jul 31 2019 | n/a | n/a | -US$14m |
| Apr 30 2019 | US$225k | US$244k | -US$16m |
Compensation vs Market: Richard's total compensation ($USD258.00K) is below average for companies of similar size in the German market ($USD468.04K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Prelea (56 yo)
6.9yrs
Tenure
US$258,000
Compensation
Mr. Richard Andrew Prelea has been Chief Executive Officer of Vast Resources PLC since January 1, 2018 and its Executive Director since March 1, 2018. Mr. Prelea has been involved with Vast since 2013 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.9yrs | US$258.00k | 0.20% € 5.9k | |
| Group CFO | 5.8yrs | US$189.00k | 0.0045% € 134.8 | |
| Chief Executive of the Zimbabwe Operations | 8.3yrs | US$15.00k | no data | |
| Company Secretary | 7.6yrs | no data | no data |
7.3yrs
Average Tenure
59yo
Average Age
Experienced Management: D9A's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.8yrs | US$258.00k | 0.20% € 5.9k | |
| Group CFO | 5.1yrs | US$189.00k | 0.0045% € 134.8 | |
| Independent Non-Executive Chairman | 8.2yrs | US$29.00k | 0.0016% € 47.8 | |
| Non-Executive Director | 19.7yrs | US$87.00k | 0.018% € 545.3 | |
| Independent Non-Executive Director | 3.3yrs | US$28.00k | no data | |
| Independent Non-Executive Director | 6.6yrs | US$28.00k | no data |
6.7yrs
Average Tenure
71.5yo
Average Age
Experienced Board: D9A's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 18:44 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/04/30 |
| Annual Earnings | 2024/04/30 |
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 |
|
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| 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
Vast Resources plc is covered by 3 analysts. 0 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 |
|---|---|
| Austin McKelvie | Daniel Stewart & Company |
| Alison Turner | Panmure Liberum Historic (Panmure Gordon) |
| Sheldon Modeland | Shore Capital Group Ltd |