Franco-Nevada Management

Management criteria checks 4/4

Franco-Nevada's CEO is Paul Brink, appointed in May 2018, has a tenure of 6.42 years. total yearly compensation is $3.24M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth CA$40.93M. The average tenure of the management team and the board of directors is 3.8 years and 4.9 years respectively.

Key information

Paul Brink

Chief executive officer

US$3.2m

Total compensation

CEO salary percentage	21.0%
CEO tenure	6.4yrs
CEO ownership	0.1%
Management average tenure	3.8yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Brink's remuneration changed compared to Franco-Nevada's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$583m
Mar 31 2024	n/a	n/a	-US$478m
Dec 31 2023	US$3m	US$679k	-US$466m
Sep 30 2023	n/a	n/a	US$681m
Jun 30 2023	n/a	n/a	US$663m
Mar 31 2023	n/a	n/a	US$675m
Dec 31 2022	US$4m	US$665k	US$701m
Sep 30 2022	n/a	n/a	US$757m
Jun 30 2022	n/a	n/a	US$765m
Mar 31 2022	n/a	n/a	US$744m
Dec 31 2021	US$4m	US$565k	US$734m
Sep 30 2021	n/a	n/a	US$690m
Jun 30 2021	n/a	n/a	US$677m
Mar 31 2021	n/a	n/a	US$597m
Dec 31 2020	US$3m	US$530k	US$326m
Sep 30 2020	n/a	n/a	US$263m
Jun 30 2020	n/a	n/a	US$211m
Mar 31 2020	n/a	n/a	US$180m
Dec 31 2019	US$3m	US$481k	US$344m
Sep 30 2019	n/a	n/a	US$200m
Jun 30 2019	n/a	n/a	US$150m
Mar 31 2019	n/a	n/a	US$140m
Dec 31 2018	US$2m	US$453k	US$139m
Sep 30 2018	n/a	n/a	US$214m
Jun 30 2018	n/a	n/a	US$222m
Mar 31 2018	n/a	n/a	US$214m
Dec 31 2017	US$2m	US$477k	US$195m

Compensation vs Market: Paul's total compensation ($USD3.24M) is below average for companies of similar size in the UK market ($USD5.74M).

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

CEO

Paul Brink (56 yo)

6.4yrs

Tenure

US$3,239,043

Compensation

Mr. Paul Brink serves as Chief Executive Officer and Director of Franco-Nevada Corporation since May 6, 2020 and its President since May 2018. Mr. Brink served as Chief Operating Officer of Franco-Nevada C...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Brink	President	6.4yrs	US$3.24m	0.13% $ 40.9m
Sandip Rana	Chief Financial Officer	14.5yrs	US$1.70m	0.027% $ 8.7m
Lloyd Hong	Chief Legal Officer & Corporate Secretary	3.8yrs	US$1.57m	0.0079% $ 2.5m
Jason O'Connell	Senior Vice President of Diversified	3.8yrs	US$987.20k	0.0060% $ 1.9m
Eaun Gray	Senior Vice President of Business Development	3.8yrs	US$1.07m	0.0041% $ 1.3m
Pierre Lassonde	Co-Founder & Chair Emeritus	no data	US$109.10k	no data
Chris Bell	Vice President of Geology	3.2yrs	no data	no data
John Blanchette	President of Barbados	3.2yrs	no data	0.0011% $ 339.7k
Nalinie Mahon	Vice President of Finance & Operations of Barbados	3.2yrs	no data	0.00012% $ 38.1k
Traci Schweikert	Chief Talent Officer	no data	no data	no data
Candida Hayden	IR Contact	no data	no data	no data
Adrian Wong	Vice President of Tax	no data	no data	0.0045% $ 1.4m

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: 0QYZ's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Brink	President	4.4yrs	US$3.24m	0.13% $ 40.9m
Pierre Lassonde	Co-Founder & Chair Emeritus	4.4yrs	US$109.10k	no data
David Harquail	Non-Executive Chair	16.9yrs	US$296.79k	0.49% $ 154.5m
Derek Evans	Independent Director	16.2yrs	US$288.33k	0.0078% $ 2.5m
Hugo Dryland	Independent Director	less than a year	no data	0.00042% $ 133.4k
Thomas Albanese	Lead Independent Director	11.2yrs	US$253.81k	0.025% $ 7.9m
Maureen Jensen	Independent Director	4.4yrs	US$229.95k	no data
Jacques Perron	Independent Director	1.9yrs	US$228.67k	0.00051% $ 161.9k
Catharine E. Farrow	Independent Director	9.4yrs	US$245.48k	0.00016% $ 50.8k
Jennifer Maki	Independent Director	5.4yrs	US$250.18k	0.000050% $ 15.9k

4.9yrs

Average Tenure

67yo

Average Age

Experienced Board: 0QYZ's board of directors are considered experienced (4.9 years average tenure).

Franco-Nevada Management

Management criteria checks 4/4

Key information

Recent management updates

High number of new directors

Franco-Nevada Corporation, Annual General Meeting, May 01, 2024

Insufficient new directors

Insufficient new directors

Non-Executive Chair recently sold CA$535k worth of stock

Franco-Nevada Corporation, Annual General Meeting, May 02, 2023

Recent updates

Upcoming dividend of US$0.36 per share

Second quarter dividend of US$0.36 announced

Second quarter 2024 earnings released: EPS: US$0.41 (vs US$0.96 in 2Q 2023)

Franco-Nevada Corporation to Report Q2, 2024 Results on Aug 13, 2024

Upcoming dividend of US$0.36 per share

First quarter dividend of US$0.36 announced

High number of new directors

First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.82 in 1Q 2023)

Franco-Nevada Corporation to Report Q1, 2024 Results on May 01, 2024

Upcoming dividend of US$0.36 per share

Now 21% overvalued

Franco-Nevada Corporation, Annual General Meeting, May 01, 2024

New major risk - Revenue and earnings growth

Third quarter dividend of US$0.36 announced

Franco-Nevada Corporation to Report Fiscal Year 2023 Results on Mar 05, 2024

Upcoming dividend of US$0.34 per share at 1.2% yield

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on December 21, 2023

Third quarter 2023 earnings released: EPS: US$0.91 (vs US$0.82 in 3Q 2022)

Franco-Nevada Corporation to Report Q3, 2023 Results on Nov 08, 2023

Upcoming dividend of US$0.34 per share at 1.0% yield

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 28, 2023

Second quarter 2023 earnings released: EPS: US$0.96 (vs US$1.03 in 2Q 2022)

Franco-Nevada Corporation to Report Q2, 2023 Results on Aug 08, 2023

Insufficient new directors

Upcoming dividend of US$0.34 per share at 0.9% yield

Insufficient new directors

First quarter 2023 earnings released: EPS: US$0.82 (vs US$0.95 in 1Q 2022)

Non-Executive Chair recently sold CA$535k worth of stock

Full year 2022 earnings released: EPS: US$3.66 (vs US$3.84 in FY 2021)

Upcoming dividend of US$0.34 per share at 1.0% yield

Franco-Nevada Corporation, Annual General Meeting, May 02, 2023

Franco-Nevada Corporation to Report Fiscal Year 2022 Results on Mar 15, 2023

Non-Executive Chair recently sold CA$3.9m worth of stock

Upcoming dividend of US$0.32 per share

Independent Director recently sold CA$3.8m worth of stock

Third quarter 2022 earnings released: EPS: US$0.82 (vs US$0.87 in 3Q 2021)

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on December 22, 2022

Franco-Nevada Corporation to Report Q3, 2022 Results on Nov 07, 2022

Upcoming dividend of US$0.32 per share

Second quarter 2022 earnings released: EPS: US$1.03 (vs US$0.92 in 2Q 2021)

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on September 29, 2022

Franco-Nevada Corporation to Report Q2, 2022 Results on Aug 10, 2022

First quarter 2022 earnings released: EPS: US$0.95 (vs US$0.90 in 1Q 2021)

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 30, 2022

High number of new directors

Franco-Nevada Corporation to Report Q1, 2022 Results on May 04, 2022

Non-Executive Chair recently sold CA$4.0m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.32 per share

Franco-Nevada Corporation, Annual General Meeting, May 04, 2022

High number of new directors

Franco-Nevada Corporation Raises Quarterly Dividend, Payable on March 31, 2022

Franco-Nevada Corporation to Report Fiscal Year 2021 Results on Mar 09, 2022

Insider recently sold CA$643k worth of stock

Upcoming dividend of US$0.30 per share

Non-Executive Chair recently sold CA$922k worth of stock

Third quarter 2021 earnings released: EPS US$0.87 (vs US$0.81 in 3Q 2020)

Investor sentiment deteriorated over the past week

Insider recently bought CA$124k worth of stock

Upcoming dividend of US$0.30 per share

Second quarter 2021 earnings released: EPS US$0.92 (vs US$0.50 in 2Q 2020)

High number of new directors

Upcoming dividend of US$0.30 per share

First quarter 2021 earnings released: EPS US$0.90 (vs US$0.52 loss in 1Q 2020)

Independent Director has left the company

Franco-Nevada Corporation Declares Quarterly Dividend, Payable on June 24, 2021

Franco-Nevada Corporation Revises Revenue Guidance for 2021

Franco-Nevada Corporation, Annual General Meeting, May 05, 2021

Franco-Nevada Corporation to Report Fiscal Year 2020 Results on Mar 10, 2021