Vast Resources Management
Management criteria checks 4/4
Vast Resources' CEO is Richard Prelea, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is $258.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth £18.38K. The average tenure of the management team and the board of directors is 6.7 years and 6.1 years respectively.
Key information
Richard Prelea
Chief executive officer
US$258.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.7yrs |
| Board average tenure | 6.1yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | -US$10m |
| Jul 31 2023 | n/a | n/a | -US$10m |
| Apr 30 2023 | US$258k | US$258k | -US$11m |
| Jan 31 2023 | n/a | n/a | -US$13m |
| Oct 31 2022 | n/a | n/a | -US$15m |
| Jul 31 2022 | n/a | n/a | -US$15m |
| Apr 30 2022 | US$258k | US$258k | -US$15m |
| Jan 31 2022 | n/a | n/a | -US$15m |
| Oct 31 2021 | n/a | n/a | -US$14m |
| Jul 31 2021 | n/a | n/a | -US$11m |
| Apr 30 2021 | US$227k | US$227k | -US$8m |
| Jan 31 2021 | n/a | n/a | -US$7m |
| Oct 31 2020 | n/a | n/a | -US$6m |
| Jul 31 2020 | n/a | n/a | -US$7m |
| Apr 30 2020 | US$226k | US$226k | -US$8m |
| Oct 31 2019 | n/a | n/a | -US$12m |
| Jul 31 2019 | n/a | n/a | -US$14m |
| Apr 30 2019 | US$225k | US$244k | -US$16m |
Compensation vs Market: Richard's total compensation ($USD258.00K) is about average for companies of similar size in the UK market ($USD348.00K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Prelea (55 yo)
6.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.3yrs | US$258.00k | 0.56% $ 18.4k | |
| Group CFO | 5.3yrs | US$177.00k | 0.013% $ 417.3 | |
| Chief Executive of the Zimbabwe Operations | 7.8yrs | US$15.00k | no data | |
| Company Secretary | 7yrs | no data | no data |
6.7yrs
Average Tenure
58yo
Average Age
Experienced Management: VAST's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.2yrs | US$258.00k | 0.56% $ 18.4k | |
| Group CFO | 4.5yrs | US$177.00k | 0.013% $ 417.3 | |
| Independent Non-Executive Chairman | 7.6yrs | US$28.00k | 0.0045% $ 148.0 | |
| Non-Executive Director | 19.1yrs | US$83.00k | 0.051% $ 1.7k | |
| Independent Non-Executive Director | 2.8yrs | US$27.00k | no data | |
| Independent Non-Executive Director | 6yrs | US$27.00k | no data |
6.1yrs
Average Tenure
70.5yo
Average Age
Experienced Board: VAST's board of directors are considered experienced (6.1 years average tenure).