Prime Mining Management
Management criteria checks 3/4
Prime Mining's CEO is Scott Hicks, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is CA$465.00K, comprised of 64.5% salary and 35.5% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth €651.42K. The average tenure of the management team and the board of directors is 2.1 years and 2.8 years respectively.
Key information
Scott Hicks
Chief executive officer
CA$465.0k
Total compensation
| CEO salary percentage | 64.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.4% |
| Management average tenure | 2.1yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$25m |
| Dec 31 2023 | CA$465k | CA$300k | -CA$24m |
| Sep 30 2023 | n/a | n/a | -CA$23m |
| Jun 30 2023 | n/a | n/a | -CA$24m |
| Mar 31 2023 | n/a | n/a | -CA$25m |
| Dec 31 2022 | CA$2m | CA$114k | -CA$27m |
Compensation vs Market: Scott's total compensation ($USD338.45K) is below average for companies of similar size in the German market ($USD778.79K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Hicks (47 yo)
less than a year
Tenure
CA$465,000
Compensation
Mr. Scott Hicks, P.Eng. CFA, serves as Chief Executive Officer at Prime Mining Corp. since 2024 and has been its Director since January 16, 2024. He served as Executive Vice President at Prime Mining Corp....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$465.00k | 0.37% CA$ 651.4k | |
| Chief Financial Officer | 3.9yrs | CA$517.54k | no data | |
| Executive Advisor & Director | 4.1yrs | CA$172.00k | 4.9% CA$ 8.6m | |
| Strategic Advisor & Director | less than a year | CA$1.09m | 0.74% CA$ 1.3m | |
| Technical Advisor & Independent Director | 2.8yrs | CA$167.58k | 0.24% CA$ 423.5k | |
| Executive Vice President of Exploration | 2.8yrs | CA$466.40k | no data | |
| VP of Capital Markets & Business Development | 1.5yrs | CA$381.58k | no data | |
| Senior Geologist | no data | no data | no data | |
| Senior Geologist | less than a year | no data | no data |
2.1yrs
Average Tenure
60yo
Average Age
Experienced Management: O4V3's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$465.00k | 0.37% CA$ 651.4k | |
| Executive Advisor & Director | 5.3yrs | CA$172.00k | 4.9% CA$ 8.6m | |
| Strategic Advisor & Director | less than a year | CA$1.09m | 0.74% CA$ 1.3m | |
| Technical Advisor & Independent Director | less than a year | CA$167.58k | 0.24% CA$ 423.5k | |
| Independent Director | 4.1yrs | CA$125.00k | 0.52% CA$ 907.6k | |
| Independent Chairman | 4.2yrs | CA$190.00k | 1.38% CA$ 2.4m | |
| Independent Director | 2.3yrs | CA$115.00k | 0.24% CA$ 414.3k | |
| Independent Director | 4.1yrs | CA$115.00k | 0.18% CA$ 314.6k | |
| Independent Director | 2.8yrs | CA$171.65k | 0.0045% CA$ 7.9k |
2.8yrs
Average Tenure
62yo
Average Age
Experienced Board: O4V3's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.