Largo Management
Management criteria checks 2/4
Largo's CEO is Daniel Tellechea, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is $481.08K, comprised of 81.2% salary and 18.8% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth €41.58K. The average tenure of the management team and the board of directors is 1.8 years and 7.5 years respectively.
Key information
Daniel Tellechea
Chief executive officer
US$481.1k
Total compensation
| CEO salary percentage | 81.2% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.8yrs |
| 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$49m |
| Jun 30 2024 | n/a | n/a | -US$51m |
| Mar 31 2024 | n/a | n/a | -US$42m |
| Dec 31 2023 | US$481k | US$391k | -US$30m |
| Sep 30 2023 | n/a | n/a | -US$34m |
| Jun 30 2023 | n/a | n/a | -US$25m |
| Mar 31 2023 | n/a | n/a | -US$840k |
| Dec 31 2022 | US$150k | n/a | -US$1m |
| Sep 30 2022 | n/a | n/a | US$15m |
| Jun 30 2022 | n/a | n/a | US$26m |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | US$160k | n/a | US$23m |
| Sep 30 2021 | n/a | n/a | US$29m |
| Jun 30 2021 | n/a | n/a | US$22m |
| Mar 31 2021 | n/a | n/a | US$7m |
| Dec 31 2020 | US$131k | n/a | US$7m |
| Sep 30 2020 | n/a | n/a | -US$4m |
| Jun 30 2020 | n/a | n/a | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$21m |
| Dec 31 2019 | US$148k | n/a | -US$27m |
| Sep 30 2019 | n/a | n/a | US$59m |
| Jun 30 2019 | n/a | n/a | US$120m |
| Mar 31 2019 | n/a | n/a | US$201m |
| Dec 31 2018 | US$108k | n/a | US$231m |
| Sep 30 2018 | n/a | n/a | US$161m |
| Jun 30 2018 | n/a | n/a | US$114m |
| Mar 31 2018 | n/a | n/a | US$35m |
| Dec 31 2017 | US$58k | n/a | -US$8m |
Compensation vs Market: Daniel's total compensation ($USD481.08K) is about average for companies of similar size in the German market ($USD474.54K).
Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.
CEO
Daniel Tellechea (77 yo)
1.8yrs
Tenure
US$481,081
Compensation
Mr. Daniel R. Tellechea, B.Sc., MBA, serves as the President and Chief Executive Officer of Dia Bras Exploration Inc. Mr. Tellechea served as the President and Chief Executive Officer of Sociedad Minera Co...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 1.8yrs | US$481.08k | 0.031% € 41.6k | |
| Chief Commercial Officer | 1.8yrs | US$581.76k | no data | |
| Chief Operating Officer of Brazil | 1.8yrs | US$309.07k | no data | |
| Chief Financial Officer & Corporate Controller | less than a year | US$406.71k | 0.0023% € 3.1k | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel & Corporate Secretary | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: LR8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 9.3yrs | US$481.08k | 0.031% € 41.6k | |
| Independent Director | 12.4yrs | US$69.90k | 0.057% € 75.4k | |
| Independent Director | 1.5yrs | US$33.82k | no data | |
| Independent Non-Executive Chairman | 13.6yrs | US$160.00k | 0.098% € 130.0k | |
| Independent Director | 5.6yrs | US$59.40k | no data | |
| Independent Director | 1.6yrs | US$33.97k | no data |
7.5yrs
Average Tenure
53.5yo
Average Age
Experienced Board: LR8's board of directors are considered experienced (7.5 years average tenure).