Lake Resources Management
Management criteria checks 1/4
Lake Resources' CEO is David Dickson, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is A$4.34M, comprised of 35.1% salary and 64.9% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth €8.39K. The average tenure of the management team and the board of directors is 1.9 years and 5 years respectively.
Key information
David Dickson
Chief executive officer
AU$4.3m
Total compensation
| CEO salary percentage | 35.1% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 1.9yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$4m | AU$2m | -AU$52m |
| Mar 31 2024 | n/a | n/a | -AU$62m |
| Dec 31 2023 | n/a | n/a | -AU$72m |
| Sep 30 2023 | n/a | n/a | -AU$59m |
| Jun 30 2023 | AU$4m | AU$1m | -AU$46m |
Compensation vs Market: David's total compensation ($USD2.69M) is above average for companies of similar size in the German market ($USD468.18K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Dickson (56 yo)
2.3yrs
Tenure
AU$4,335,146
Compensation
Mr. David Dickson is Director, MD and Chief Executive Officer of Lake Resources NL from September 15, 2022. He has been Director at McDermott International, Inc. and served as its Chief Executive Officer a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.3yrs | AU$4.34m | 0.019% € 8.4k | |
| Chief Financial Officer | less than a year | AU$1.43m | no data | |
| Chief Accounting Officer | 1.4yrs | no data | no data | |
| Senior Vice President of Technology | 2.2yrs | no data | no data | |
| Chief People & Administration Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Investor Relations & Communications | 2.1yrs | no data | no data | |
| Chief Legal | less than a year | no data | no data | |
| Senior VP of Corporate Affairs & Country Manager for Argentina | 1.9yrs | AU$166.31k | no data | |
| Senior Vice President of Field Development & Evaluation | 1.9yrs | no data | no data | |
| Senior Finance Manager & Company Secretary | less than a year | no data | no data |
1.9yrs
Average Tenure
51yo
Average Age
Experienced Management: LK1's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.3yrs | AU$4.34m | 0.019% € 8.4k | |
| Independent Non-Executive Director | 5yrs | AU$164.88k | no data | |
| Non-Executive Chairman | 8.1yrs | AU$231.48k | 0.58% € 250.4k |
5.0yrs
Average Tenure
Experienced Board: LK1's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 06:37 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
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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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lake Resources NL is covered by 3 analysts. 1 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 |
|---|---|
| Stuart Howe | Bell Potter |
| Reg Spencer | Canaccord Genuity |
| Joseph Reagor | Roth MKM |