Ero Copper Management
Management criteria checks 2/4
Ero Copper's CEO is David Strang, appointed in May 2016, has a tenure of 8.58 years. total yearly compensation is $3.10M, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 3.08% of the company’s shares, worth €40.39M. The average tenure of the management team and the board of directors is 3.9 years and 7.5 years respectively.
Key information
David Strang
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 20.6% |
| CEO tenure | 8.6yrs |
| CEO ownership | 3.1% |
| Management average tenure | 3.9yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$17m |
| Jun 30 2024 | n/a | n/a | -US$21m |
| Mar 31 2024 | n/a | n/a | US$62m |
| Dec 31 2023 | US$3m | US$640k | US$93m |
| Sep 30 2023 | n/a | n/a | US$78m |
| Jun 30 2023 | n/a | n/a | US$80m |
| Mar 31 2023 | n/a | n/a | US$74m |
| Dec 31 2022 | US$3m | US$600k | US$102m |
| Sep 30 2022 | n/a | n/a | US$139m |
| Jun 30 2022 | n/a | n/a | US$162m |
| Mar 31 2022 | n/a | n/a | US$221m |
| Dec 31 2021 | US$2m | US$550k | US$201m |
| Sep 30 2021 | n/a | n/a | US$207m |
| Jun 30 2021 | n/a | n/a | US$212m |
| Mar 31 2021 | n/a | n/a | US$136m |
| Dec 31 2020 | US$2m | US$536k | US$52m |
| Sep 30 2020 | n/a | n/a | US$31m |
| Jun 30 2020 | n/a | n/a | US$16m |
| Mar 31 2020 | n/a | n/a | US$24m |
| Dec 31 2019 | US$2m | US$525k | US$92m |
| Sep 30 2019 | n/a | n/a | US$58m |
| Jun 30 2019 | n/a | n/a | US$47m |
| Mar 31 2019 | n/a | n/a | US$14m |
| Dec 31 2018 | US$2m | US$400k | -US$3m |
| Sep 30 2018 | n/a | n/a | US$1m |
| Jun 30 2018 | n/a | n/a | US$15m |
| Mar 31 2018 | n/a | n/a | US$24m |
| Dec 31 2017 | US$2m | US$400k | US$22m |
Compensation vs Market: David's total compensation ($USD3.10M) is above average for companies of similar size in the German market ($USD1.58M).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
David Strang (56 yo)
8.6yrs
Tenure
US$3,101,910
Compensation
Mr. David Maxwell Strang Co-Founded Ero Copper Corp. and serves as the Chief Executive Officer and Director since May 16, 2016 and served as its President since May 16, 2016 until January 4, 2021. He is Co...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.6yrs | US$3.10m | 3.08% € 40.4m | |
| President & COO | 3.9yrs | US$2.46m | 0.089% € 1.2m | |
| Chief Financial Officer | 7.8yrs | US$1.45m | 0.23% € 3.0m | |
| Senior VP | 7.4yrs | US$1.23m | 0.032% € 415.0k | |
| Chief Geological Officer | 7.9yrs | US$1.45m | 1.43% € 18.7m | |
| Senior Vice President of Corporate Development | 3.8yrs | no data | 0.011% € 146.1k | |
| Chief Executive Officer of Ero Brazil | 2.9yrs | no data | no data | |
| Vice President of Exploration | less than a year | no data | no data | |
| Senior Vice President of Operations | less than a year | no data | no data |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Management: E0B's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.6yrs | US$3.10m | 3.08% € 40.4m | |
| Independent Director | 6.5yrs | US$224.14k | 0.13% € 1.7m | |
| Independent Director | 8.4yrs | US$206.69k | 0.28% € 3.7m | |
| Independent Lead Director | 8.4yrs | US$262.14k | 0.51% € 6.7m | |
| Independent Director | 2.3yrs | US$222.97k | 0.024% € 317.5k | |
| Independent Director | 5.3yrs | US$221.39k | 0.0079% € 103.5k | |
| Independent Director | 5.3yrs | US$221.39k | no data | |
| Chairman of the Board | 8.6yrs | US$552.14k | 1.85% € 24.2m | |
| Independent Director | 8.4yrs | US$207.14k | 0.30% € 3.9m | |
| Independent Director | 1.1yrs | US$321.78k | 0.019% € 254.0k |
7.5yrs
Average Tenure
58yo
Average Age
Experienced Board: E0B's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:43 |
| End of Day Share Price | 2024/12/20 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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
Ero Copper Corp. is covered by 25 analysts. 10 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 |
|---|---|
| Matthew Murphy | Barclays |
| David Gagliano | BMO Capital Markets Equity Research |
| Guilherme Rosito | BofA Global Research |