80 Mile Management

Management criteria checks 3/4

80 Mile's CEO is Eric Sondergaard, appointed in Dec 2023, has a tenure of less than a year. directly owns 0.68% of the company’s shares, worth £42.50K. The average tenure of the management team and the board of directors is 6.1 years and 0.8 years respectively.

Key information

Eric Sondergaard

Chief executive officer

UK£1.1k

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.7%
Management average tenure6.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

Here's Why We're Watching Bluejay Mining's (LON:JAY) Cash Burn Situation

Feb 15
Here's Why We're Watching Bluejay Mining's (LON:JAY) Cash Burn Situation

We're Keeping An Eye On Bluejay Mining's (LON:JAY) Cash Burn Rate

Jul 07
We're Keeping An Eye On Bluejay Mining's (LON:JAY) Cash Burn Rate

Companies Like Bluejay Mining (LON:JAY) Can Afford To Invest In Growth

Mar 24
Companies Like Bluejay Mining (LON:JAY) Can Afford To Invest In Growth

Bluejay Mining (LON:JAY) Is In A Good Position To Deliver On Growth Plans

Jul 20
Bluejay Mining (LON:JAY) Is In A Good Position To Deliver On Growth Plans

Will Bluejay Mining (LON:JAY) Spend Its Cash Wisely?

Mar 27
Will Bluejay Mining (LON:JAY) Spend Its Cash Wisely?

Is Bluejay Mining plc's (LON:JAY) Shareholder Ownership Skewed Towards Insiders?

Feb 02
Is Bluejay Mining plc's (LON:JAY) Shareholder Ownership Skewed Towards Insiders?

Is Bluejay Mining (LON:JAY) In A Good Position To Deliver On Growth Plans?

Dec 11
Is Bluejay Mining (LON:JAY) In A Good Position To Deliver On Growth Plans?

CEO Compensation Analysis

How has Eric Sondergaard's remuneration changed compared to 80 Mile's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023UK£1kn/a

-UK£2m

Sep 30 2023n/an/a

-UK£664k

Jun 30 2023n/an/a

UK£481k

Mar 31 2023n/an/a

UK£1m

Dec 31 2022UK£200kUK£200k

UK£2m

Compensation vs Market: Eric's total compensation ($USD1.48K) is below average for companies of similar size in the UK market ($USD366.52K).

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


CEO

Eric Sondergaard (38 yo)

less than a year

Tenure

UK£1,107

Compensation

Mr. Eric Martin Sondergaard is Executive Director of White Cliff Minerals Limited from May 2024. He was Director of White Cliff Minerals Limited from April 23, 2024. He serves as Managing Director since De...


Leadership Team

NamePositionTenureCompensationOwnership
Eric Sondergaard
Managing Directorless than a yearUK£1.11k0.68%
£ 42.5k
Hans Jensen
Managing Director of Dundas Titanium A/S6.7yrsno datano data
Thomas Levin
Chief Operating Officer of Finland5.6yrsno datano data
Urpo Kuronen
Chief Operating Officer of FinnAust Minning Finland Oy10.8yrsno datano data

6.1yrs

Average Tenure

Experienced Management: 80M's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Hutchinson
Independent Non-Executive Chairmanless than a yearUK£12.50k0.66%
£ 41.4k
Roderick McIllree
Non-Executive Directorless than a yearUK£553.005.66%
£ 354.5k
Troy Whittaker
Non-Executive Directorless than a yearUK£553.000.40%
£ 25.0k

0.8yrs

Average Tenure

49yo

Average Age

Experienced Board: 80M's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.