Ivanhoe Mines Management
Management criteria checks 3/4
Ivanhoe Mines' CEO is Marna Cloete, appointed in Mar 2020, has a tenure of 4.67 years. total yearly compensation is $4.38M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.055% of the company’s shares, worth €9.27M. The average tenure of the management team and the board of directors is 3 years and 5.4 years respectively.
Key information
Marna Cloete
Chief executive officer
US$4.4m
Total compensation
| CEO salary percentage | 20.2% |
| CEO tenure | 4.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 3yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$157m |
| Jun 30 2024 | n/a | n/a | US$151m |
| Mar 31 2024 | n/a | n/a | US$167m |
| Dec 31 2023 | US$4m | US$884k | US$319m |
| Sep 30 2023 | n/a | n/a | US$333m |
| Jun 30 2023 | n/a | n/a | US$247m |
| Mar 31 2023 | n/a | n/a | US$471m |
| Dec 31 2022 | US$4m | US$750k | US$411m |
| Sep 30 2022 | n/a | n/a | US$415m |
| Jun 30 2022 | n/a | n/a | US$478m |
| Mar 31 2022 | n/a | n/a | US$58m |
| Dec 31 2021 | US$7m | US$650k | US$55m |
| Sep 30 2021 | n/a | n/a | US$4m |
| Jun 30 2021 | n/a | n/a | -US$87m |
| Mar 31 2021 | n/a | n/a | US$13m |
| Dec 31 2020 | US$1m | US$452k | -US$20m |
| Sep 30 2020 | n/a | n/a | -US$8m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | US$4m |
| Dec 31 2019 | US$2m | US$465k | US$19m |
| Sep 30 2019 | n/a | n/a | US$52m |
| Jun 30 2019 | n/a | n/a | US$48m |
| Mar 31 2019 | n/a | n/a | US$38m |
| Dec 31 2018 | US$811k | US$463k | US$26m |
| Sep 30 2018 | n/a | n/a | US$183m |
| Jun 30 2018 | n/a | n/a | US$174m |
| Mar 31 2018 | n/a | n/a | US$171m |
| Dec 31 2017 | US$974k | US$417k | US$170m |
Compensation vs Market: Marna's total compensation ($USD4.38M) is about average for companies of similar size in the German market ($USD4.86M).
Compensation vs Earnings: Marna's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Marna Cloete (47 yo)
4.7yrs
Tenure
US$4,379,780
Compensation
Ms. Martie Cloete, also known as Marna, serves as President at Ivanhoe Mines Limited since March 11, 2020 and served as its Chief Financial Officer since December 2009 until November 12, 2021. Ms. Cloete h...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Co-Chairman | 24yrs | US$5.02m | 12.23% € 2.1b | |
| President | 4.7yrs | US$4.38m | 0.055% € 9.3m | |
| Chief Financial Officer | 3yrs | US$1.47m | 0.0029% € 495.3k | |
| Chief Operating Officer | 2yrs | US$2.46m | 0.022% € 3.8m | |
| Executive Vice President of DRC | less than a year | US$1.97m | 0.0059% € 999.1k | |
| Director of Investor Relations & Corporate Communications | no data | no data | no data | |
| VP of Compliance & Corporate Secretary | no data | no data | 0.0077% € 1.3m | |
| Executive Vice President of Corporate Development & Investor Relations | no data | no data | no data | |
| Executive Vice President of Sustainability & Special Projects | 10.2yrs | US$1.43m | 0.0054% € 909.5k | |
| Executive Vice President of Projects | 2.2yrs | no data | 0.0060% € 1.0m |
3.0yrs
Average Tenure
58yo
Average Age
Experienced Management: IYAA's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Co-Chairman | 24yrs | US$5.02m | 12.23% € 2.1b | |
| Independent Director | 26.5yrs | US$247.92k | 0.061% € 10.2m | |
| Independent Director | 17.7yrs | US$235.50k | 0.043% € 7.2m | |
| Non-Executive Director | 5.4yrs | US$222.00k | 0.0045% € 764.2k | |
| Independent Non-Executive Director | 4.3yrs | US$266.08k | 0.0013% € 216.4k | |
| Independent Director | 1.4yrs | US$130.34k | no data | |
| Non-Executive Co-Chairman | 1.3yrs | US$124.44k | no data | |
| Independent Director | 6.6yrs | US$228.00k | 0.0043% € 725.3k | |
| Lead Independent Director | 6.2yrs | US$289.96k | 0.044% € 7.5m | |
| Non-Independent Non-Executive Director | 5.3yrs | US$247.29k | no data | |
| Independent Director | 1.4yrs | US$131.84k | 0.00043% € 72.7k |
5.4yrs
Average Tenure
67yo
Average Age
Experienced Board: IYAA's board of directors are considered experienced (5.4 years average tenure).