Vast Resources Management

Management criteria checks 4/4

Vast Resources' CEO is Richard Prelea, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $258.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth £5.60K. The average tenure of the management team and the board of directors is 7.2 years and 6.6 years respectively.

Key information

Richard Prelea

Chief executive officer

US$258.0k

Total compensation

CEO salary percentage100.0%
CEO tenure6.8yrs
CEO ownership0.3%
Management average tenure7.2yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

Is Vast Resources (LON:VAST) Using Too Much Debt?

Feb 02
Is Vast Resources (LON:VAST) Using Too Much Debt?

What We Learned About Vast Resources' (LON:VAST) CEO Pay

Feb 24
What We Learned About Vast Resources' (LON:VAST) CEO Pay

CEO Compensation Analysis

How has Richard Prelea's remuneration changed compared to Vast Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2024US$258kUS$258k

-US$15m

Jan 31 2024n/an/a

-US$12m

Oct 31 2023n/an/a

-US$10m

Jul 31 2023n/an/a

-US$10m

Apr 30 2023US$258kUS$258k

-US$11m

Jan 31 2023n/an/a

-US$13m

Oct 31 2022n/an/a

-US$15m

Jul 31 2022n/an/a

-US$15m

Apr 30 2022US$258kUS$258k

-US$15m

Jan 31 2022n/an/a

-US$15m

Oct 31 2021n/an/a

-US$14m

Jul 31 2021n/an/a

-US$11m

Apr 30 2021US$227kUS$227k

-US$8m

Jan 31 2021n/an/a

-US$7m

Oct 31 2020n/an/a

-US$6m

Jul 31 2020n/an/a

-US$7m

Apr 30 2020US$226kUS$226k

-US$8m

Oct 31 2019n/an/a

-US$12m

Jul 31 2019n/an/a

-US$14m

Apr 30 2019US$225kUS$244k

-US$16m

Compensation vs Market: Richard's total compensation ($USD258.00K) is about average for companies of similar size in the UK market ($USD356.31K).

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


CEO

Richard Prelea (56 yo)

6.8yrs

Tenure

US$258,000

Compensation

Mr. Richard Andrew Prelea has been Chief Executive Officer of Vast Resources PLC since January 1, 2018 and its Executive Director since March 1, 2018. Mr. Prelea has been involved with Vast since 2013 and...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Prelea
CEO & Executive Director6.8yrsUS$258.00k0.29%
£ 5.6k
Paul Fletcher
Group CFO5.8yrsUS$189.00k0.0065%
£ 127.2
Graham Briggs
Chief Executive of the Zimbabwe Operations8.3yrsUS$15.00kno data
Benjamin Harber
Company Secretary7.5yrsno datano data

7.2yrs

Average Tenure

59yo

Average Age

Experienced Management: VAST's management team is seasoned and experienced (7.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Prelea
CEO & Executive Director6.7yrsUS$258.00k0.29%
£ 5.6k
Paul Fletcher
Group CFO5yrsUS$189.00k0.0065%
£ 127.2
Brian Moritz
Independent Non-Executive Chairman8.1yrsUS$29.00k0.0023%
£ 45.0
Roy Tucker
Non-Executive Director19.6yrsUS$87.00k0.026%
£ 514.9
Nigel Patrick Wyatt
Independent Non-Executive Director3.3yrsUS$28.00kno data
Nicholas Hatch
Independent Non-Executive Director6.5yrsUS$28.00kno data

6.6yrs

Average Tenure

71.5yo

Average Age

Experienced Board: VAST's board of directors are considered experienced (6.6 years average tenure).