Gold79 Mines Management

Management criteria checks 3/4

Gold79 Mines' CEO is Derek Macpherson, appointed in May 2021, has a tenure of 3.5 years. total yearly compensation is $90.57K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.04% of the company’s shares, worth €332.76K. The average tenure of the management team and the board of directors is 3.9 years and 2.5 years respectively.

Key information

Derek Macpherson

Chief executive officer

US$90.6k

Total compensation

CEO salary percentage100.0%
CEO tenure3.5yrs
CEO ownership3.0%
Management average tenure3.9yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Derek Macpherson's remuneration changed compared to Gold79 Mines's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$464k

Jun 30 2024n/an/a

-US$415k

Mar 31 2024n/an/a

-US$387k

Dec 31 2023US$91kUS$91k

-US$420k

Sep 30 2023n/an/a

-US$482k

Jun 30 2023n/an/a

-US$375k

Mar 31 2023n/an/a

-US$441k

Dec 31 2022US$118kUS$118k

-US$504k

Sep 30 2022n/an/a

-US$537k

Jun 30 2022n/an/a

-US$904k

Mar 31 2022n/an/a

-US$942k

Dec 31 2021US$127kUS$127k

-US$923k

Compensation vs Market: Derek's total compensation ($USD90.57K) is below average for companies of similar size in the German market ($USD471.14K).

Compensation vs Earnings: Derek's compensation has been consistent with company performance over the past year.


CEO

Derek Macpherson

3.5yrs

Tenure

US$90,568

Compensation

Mr. Derek Macpherson, P.Eng, MBA, BEng Mgt, is Executive Chairman of Gold79 Mines Ltd. from October 15, 2024 and serves as Chief Executive Officer since May 01, 2021 and has been its Director since June 30...


Leadership Team

NamePositionTenureCompensationOwnership
Derek Macpherson
CEO & Executive Chairman3.5yrsUS$90.57k3.04%
€ 332.8k
John McNeice
CFO & Corporate Secretary18.9yrsUS$47.19k3.38%
€ 369.9k
Robert Johansing
Vice-President of Exploration4.3yrsUS$79.41k0.30%
€ 33.1k
Quentin Mai
Presidentless than a yearno data0.23%
€ 24.7k

3.9yrs

Average Tenure

Experienced Management: LRA's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Derek Macpherson
CEO & Executive Chairman3.4yrsUS$90.57k3.04%
€ 332.8k
Peter Mercer
Independent Director1.6yrsno datano data
Paul Carrelo
Independent Director3.8yrsno data0.14%
€ 15.7k
Brodie Sutherlands
Independent Directorless than a yearno datano data

2.5yrs

Average Tenure

Experienced Board: LRA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.