Lundin Mining Management
Management criteria checks 1/4
Lundin Mining's CEO is Jack O. Lundin, appointed in Dec 2022, has a tenure of 1.83 years. total yearly compensation is $2.17M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth €4.78M. The average tenure of the management team and the board of directors is 1.8 years and 2.5 years respectively.
Key information
Jack O. Lundin
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 16.5% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$171m |
| Mar 31 2024 | n/a | n/a | US$109m |
| Dec 31 2023 | US$2m | US$358k | US$242m |
| Sep 30 2023 | n/a | n/a | US$348m |
| Jun 30 2023 | n/a | n/a | US$340m |
| Mar 31 2023 | n/a | n/a | US$228m |
| Dec 31 2022 | US$1m | US$26k | US$427m |
| Sep 30 2022 | n/a | n/a | US$510m |
| Jun 30 2022 | n/a | n/a | US$695m |
| Mar 31 2022 | n/a | n/a | US$990m |
| Dec 31 2021 | US$112k | n/a | US$780m |
Compensation vs Market: Jack O.'s total compensation ($USD2.17M) is below average for companies of similar size in the German market ($USD3.32M).
Compensation vs Earnings: Jack O.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jack O. Lundin (35 yo)
1.8yrs
Tenure
US$2,166,391
Compensation
Mr. Jack O. A. Lundin serves as Chief Executive Officer of Lundin Mining Corporation since December 4, 2023 and is its Director since January 01, 2024. He serves as Independent Chairman of Lundin Gold Inc....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | US$2.17m | 0.064% € 4.8m | |
| Executive VP & CFO | 2.1yrs | US$1.89m | 0.0077% € 578.6k | |
| Executive VP & COO | 2.2yrs | US$2.15m | no data | |
| Executive VP & General Counsel | 1.8yrs | US$1.41m | no data | |
| Executive Vice President of Josemaria Project | 2.2yrs | US$1.90m | no data | |
| Vice President of Technology & Innovation | 1.2yrs | no data | no data | |
| Vice President of Investor Relations | 1.2yrs | no data | no data | |
| Vice President of Corporate Development & Strategy | 3.8yrs | no data | no data | |
| Vice President of Human Resources | 2yrs | no data | no data | |
| Vice President of Exploration | no data | no data | no data | |
| Executive Vice President of Technical Services | less than a year | no data | no data | |
| Vice President of Sustainability | less than a year | no data | no data |
1.8yrs
Average Tenure
50yo
Average Age
Experienced Management: GXD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.17m | 0.064% € 4.8m | |
| Independent Director | 18yrs | US$166.44k | 0.011% € 795.1k | |
| Lead Independent Director | 4.4yrs | US$155.32k | 0.11% € 8.3m | |
| Independent Director | 18yrs | US$172.62k | 0.0064% € 482.6k | |
| Independent Director | 2.6yrs | US$125.68k | 0.0048% € 359.7k | |
| Chairman of the Board | 2.4yrs | US$199.48k | 0.097% € 7.3m | |
| Independent Director | 2.2yrs | US$126.30k | 0.00067% € 50.2k | |
| Independent Director | 1.6yrs | US$89.24k | no data |
2.5yrs
Average Tenure
60yo
Average Age
Experienced Board: GXD's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.