A-Mark Precious Metals Management

Management criteria checks 2/4

A-Mark Precious Metals' CEO is Greg Roberts, appointed in Jul 2005, has a tenure of 19.33 years. total yearly compensation is $6.99M, comprised of 14.3% salary and 85.7% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth €814.44K. The average tenure of the management team and the board of directors is 4.9 years and 10.2 years respectively.

Key information

Greg Roberts

Chief executive officer

US$7.0m

Total compensation

CEO salary percentage	14.3%
CEO tenure	19.3yrs
CEO ownership	0.1%
Management average tenure	4.9yrs
Board average tenure	10.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Roberts's remuneration changed compared to A-Mark Precious Metals's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$59m
Jun 30 2024	US$7m	US$1m	US$69m
Mar 31 2024	n/a	n/a	US$79m
Dec 31 2023	n/a	n/a	US$110m
Sep 30 2023	n/a	n/a	US$130m
Jun 30 2023	US$1m	US$560k	US$156m
Mar 31 2023	n/a	n/a	US$152m
Dec 31 2022	n/a	n/a	US$153m
Sep 30 2022	n/a	n/a	US$152m
Jun 30 2022	US$2m	US$560k	US$133m
Mar 31 2022	n/a	n/a	US$146m
Dec 31 2021	n/a	n/a	US$185m
Sep 30 2021	n/a	n/a	US$163m
Jun 30 2021	US$2m	US$560k	US$160m
Mar 31 2021	n/a	n/a	US$126m
Dec 31 2020	n/a	n/a	US$61m
Sep 30 2020	n/a	n/a	US$53m
Jun 30 2020	US$2m	US$560k	US$31m
Mar 31 2020	n/a	n/a	US$12m
Dec 31 2019	n/a	n/a	US$2m
Sep 30 2019	n/a	n/a	US$872k
Jun 30 2019	US$976k	US$560k	US$2m
Mar 31 2019	n/a	n/a	US$11k
Dec 31 2018	n/a	n/a	-US$2m
Sep 30 2018	n/a	n/a	-US$2m
Jun 30 2018	US$569k	US$540k	-US$3m

Compensation vs Market: Greg's total compensation ($USD6.99M) is above average for companies of similar size in the German market ($USD1.42M).

Compensation vs Earnings: Greg's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Greg Roberts (62 yo)

19.3yrs

Tenure

US$6,988,581

Compensation

Mr. Gregory N. Roberts, also known as Greg, has been the Chief Executive Officer of A-Mark Precious Metals, Inc. since July 2005. Mr. Roberts has been the Chief Executive Officer and President of Spectrum...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregory Roberts	CEO & Director	19.3yrs	US$6.99m	0.12% € 814.4k
Thor Gjerdrum	President	8.2yrs	US$948.85k	0.076% € 509.3k
Kathleen Simpson-Taylor	CFO, Executive VP & Assistant Secretary	5.2yrs	US$614.85k	0% € 0
Brian Aquilino	Chief Operating Officer	4.7yrs	US$449.73k	0% € 0
Carol Meltzer	Executive VP	10.7yrs	US$458.80k	0.095% € 635.3k
Oscar Carrasco	Chief Information Officer	less than a year	no data	no data
Steven Reiner	Executive VP of Capital Markets & Investor Relations and President of CFC	no data	no data	no data
David W. Madge	Chief Marketing Officer	8.2yrs	US$654.03k	no data
Jamie Meadows	President of AMST	no data	no data	no data
Kevin Pelo	Executive VP & Head of Global Trading	4.7yrs	no data	no data
Michael Wittmeyer	Director & Consultant	1.8yrs	US$757.09k	1.26% € 8.4m
Rick Gibbons	Senior Vice President of Trading for Global Precious Metals	3.5yrs	no data	no data

4.9yrs

Average Tenure

61yo

Average Age

Experienced Management: AND's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gregory Roberts	CEO & Director	19.3yrs	US$6.99m	0.12% € 814.4k
Carol Meltzer	Executive VP	2.9yrs	US$458.80k	0.095% € 635.3k
Michael Wittmeyer	Director & Consultant	3.7yrs	US$757.09k	1.26% € 8.4m
Ellis Landau	Independent Director	10.7yrs	US$132.49k	1.54% € 10.3m
Jess Ravich	Independent Director	10.7yrs	US$134.99k	1.33% € 8.9m
Jeffrey Benjamin	Independent Chairman	10.7yrs	US$239.99k	5.81% € 38.9m
John Moorhead	Independent Director	10.7yrs	US$129.99k	0.085% € 566.0k
Beverley Lepine	Independent Director	9.8yrs	US$129.99k	0.0022% € 14.5k
Kendall Saville	Independent Director	3.7yrs	US$127.49k	1.29% € 8.6m
Monique Sanchez	Independent Director	3.7yrs	US$127.49k	0.048% € 322.1k

10.2yrs

Average Tenure

64.5yo

Average Age

Experienced Board: AND's board of directors are seasoned and experienced ( 10.2 years average tenure).

A-Mark Precious Metals Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

A-Mark Precious Metals, Inc., Annual General Meeting, Nov 13, 2024

Insufficient new directors

Director & Consultant recently sold €1.6m worth of stock

Insufficient new directors

Independent Director recently bought €472k worth of stock

Recent updates

First quarter 2025 earnings released: EPS: US$0.39 (vs US$0.81 in 1Q 2024)

A-Mark Precious Metals, Inc. Reaffirms Regular Quarterly Cash Dividend Policy, Next Quarterly Dividend Payable in January 2025

Insufficient new directors

A-Mark Precious Metals, Inc. to Report Q1, 2025 Results on Nov 06, 2024

A-Mark Precious Metals, Inc., Annual General Meeting, Nov 13, 2024

Full year 2024 earnings released: EPS: US$2.87 (vs US$6.68 in FY 2023)

A-Mark Precious Metals, Inc. Reaffirms Regular Quarterly Cash Dividend Policy, Next Quarterly Dividend Payable in October 2024

A-Mark Precious Metals, Inc. to Report Q4, 2024 Results on Aug 29, 2024

Insufficient new directors

A-Mark Precious Metals Announces Quarterly Cash Dividend, Payable on July 31, 2024

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) acquired additional 8% stake in Silver Gold Bull Inc for $9.6 million.

Director & Consultant recently sold €1.6m worth of stock

A-Mark Precious Metals, Inc. Reaffirms Regular Quarterly Cash Dividend Policy, Next Quarterly Dividend Payable in July 2024

Third quarter 2024 earnings released: EPS: US$0.22 (vs US$1.53 in 3Q 2023)

A-Mark Precious Metals, Inc. to Report Q3, 2024 Results on May 07, 2024

New minor risk - Share price stability

Investor sentiment improves as stock rises 25%

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on April 29, 2024

Insufficient new directors

Independent Director recently bought €472k worth of stock

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) completed the acquisition of Lpm Group Limited from Asset Marketing Services, LLC.

Director & Consultant recently sold €544k worth of stock

Second quarter 2024 earnings released: EPS: US$0.60 (vs US$1.43 in 2Q 2023)

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. to Report Q2, 2024 Results on Feb 06, 2024

A-Mark Precious Metals Announces Quarterly Cash Dividend, Payable on January 29, 2024

New major risk - Earnings quality

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. Appoints Roy Friedman to Serve as Senior Vice President of Trading, Global Precious Metals

A-Mark Precious Metals, Inc. to Report Q1, 2024 Results on Nov 07, 2023

A-Mark Precious Metals, Inc., Annual General Meeting, Nov 15, 2023

Upcoming dividend of US$0.20 per share at 2.7% yield

Director & Consultant recently sold €158k worth of stock

Full year 2023 earnings released: EPS: US$6.68 (vs US$5.81 in FY 2022)

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on October 24, 2023

A-Mark Precious Metals, Inc. to Report Q4, 2023 Results on Aug 31, 2023

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) completed the acquisition of 25% stake in C & C Jewellery Limited.

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

Third quarter 2023 earnings released: EPS: US$1.53 (vs US$1.64 in 3Q 2022)

Investor sentiment deteriorates as stock falls 18%

Second quarter 2023 earnings released: EPS: US$1.43 (vs US$1.40 in 2Q 2022)

A-Mark Precious Metals, Inc. Re-Affirms Regular Quarterly Cash Dividend Policy

A-Mark Precious Metals, Inc. to Report Q2, 2023 Results on Feb 06, 2023

A-Mark Precious Metals, Inc. (NasdaqGS:AMRK) acquired 12% stake in Texas Precious Metals. LLC for $5 million.

A-Mark Precious Metals, Inc. Declares Quarterly Cash Dividend, Payable on January 27, 2023

First quarter 2023 earnings released: EPS: US$1.93 (vs US$1.16 in 1Q 2022)

A-Mark Precious Metals, Inc. to Report Q1, 2023 Results on Nov 08, 2022

Upcoming dividend of US$0.20 per share

Investor sentiment deteriorated over the past week

A-Mark Precious Metals, Inc., Annual General Meeting, Oct 27, 2022

Full year 2022 earnings released: EPS: US$5.81 (vs US$9.57 in FY 2021)

A-Mark Precious Metals Announces Special Cash Dividend, Payable on September 26, 2022

A-Mark Precious Metals, Inc. to Report Q4, 2022 Results on Aug 30, 2022

Investor sentiment deteriorated over the past week

A-Mark Precious Metals, Inc. (NASDAQ: AMRK) completed the acquisition of 40% stake in Silver Gold Bull Inc.

Director & CEO of JM Bullion recently sold €385k worth of stock

Director & CEO of JM Bullion recently sold €2.2m worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$3.27 (vs US$9.54 in 3Q 2021)

Now 20% undervalued

A-Mark Precious Metals, Inc. to Report Q3, 2022 Results on May 05, 2022

Now 23% undervalued

Investor sentiment improved over the past week

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Independent Director recently sold €512k worth of stock

First quarter 2022 earnings released: EPS US$2.31 (vs US$3.28 in 1Q 2021)

Independent Director recently sold €131k worth of stock

Investor sentiment improved over the past week

A-Mark Precious Metals, Inc. Approves Non-Recurring Special Dividend, Payable on or About September 24, 2021