Fresnillo Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Octavio Alvidrez
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 81.1% |
| CEO tenure | 11.8yrs |
| CEO ownership | n/a |
| Management average tenure | 3.5yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
Fresnillo's (LON:FRES) Anemic Earnings Might Be Worse Than You Think
Apr 26
Subdued Growth No Barrier To Fresnillo plc (LON:FRES) With Shares Advancing 30%
Apr 18Fresnillo's (LON:FRES) Returns On Capital Not Reflecting Well On The Business
Mar 28Fresnillo (LON:FRES) Could Be At Risk Of Shrinking As A Company
Dec 19Fresnillo plc's (LON:FRES) Intrinsic Value Is Potentially 23% Below Its Share Price
Nov 29Does Fresnillo (LON:FRES) Have A Healthy Balance Sheet?
Oct 19These Return Metrics Don't Make Fresnillo (LON:FRES) Look Too Strong
Sep 06A Look At The Intrinsic Value Of Fresnillo plc (LON:FRES)
Aug 16Here's Why Fresnillo (LON:FRES) Can Manage Its Debt Responsibly
Mar 27These Return Metrics Don't Make Fresnillo (LON:FRES) Look Too Strong
Mar 04We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Nov 22Fresnillo (LON:FRES) Could Be At Risk Of Shrinking As A Company
Nov 01Calculating The Fair Value Of Fresnillo plc (LON:FRES)
Sep 24Is Fresnillo (LON:FRES) Using Too Much Debt?
Aug 19Fresnillo (LON:FRES) Ticks All The Boxes When It Comes To Earnings Growth
Jul 29Is Fresnillo plc (LON:FRES) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 12There Are Reasons To Feel Uneasy About Fresnillo's (LON:FRES) Returns On Capital
May 04Is Now The Time To Put Fresnillo (LON:FRES) On Your Watchlist?
Apr 16We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Mar 29Is Fresnillo plc (LON:FRES) Trading At A 34% Discount?
Jan 29Here's Why I Think Fresnillo (LON:FRES) Is An Interesting Stock
Dec 18Fresnillo (LON:FRES) Has A Pretty Healthy Balance Sheet
Dec 02Fresnillo's (LON:FRES) Returns On Capital Are Heading Higher
Nov 03Estimating The Fair Value Of Fresnillo plc (LON:FRES)
Oct 16We Think Fresnillo (LON:FRES) Can Stay On Top Of Its Debt
Aug 26Fresnillo (LON:FRES) Is Experiencing Growth In Returns On Capital
Aug 03Are Fresnillo plc (LON:FRES) Investors Paying Above The Intrinsic Value?
Jul 09We Discuss Why Fresnillo plc's (LON:FRES) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Jun 18These 4 Measures Indicate That Fresnillo (LON:FRES) Is Using Debt Reasonably Well
Apr 02Are Fresnillo Plc's (LON:FRES) Mixed Financials Driving The Negative Sentiment?
Mar 15Fresnillo Plc (LON:FRES) Is Yielding 1.1% - But Is It A Buy?
Feb 25Calculating The Intrinsic Value Of Fresnillo Plc (LON:FRES)
Jan 30Our Take On The Returns On Capital At Fresnillo (LON:FRES)
Dec 28The Fresnillo (LON:FRES) Share Price Has Gained 92% And Shareholders Are Hoping For More
Dec 10
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$1m | US$234m |
| Sep 30 2023 | n/a | n/a | US$227m |
| Jun 30 2023 | n/a | n/a | US$219m |
| Mar 31 2023 | n/a | n/a | US$246m |
| Dec 31 2022 | US$916k | US$921k | US$272m |
| Sep 30 2022 | n/a | n/a | US$254m |
| Jun 30 2022 | n/a | n/a | US$236m |
| Mar 31 2022 | n/a | n/a | US$329m |
| Dec 31 2021 | US$975k | US$869k | US$421m |
| Sep 30 2021 | n/a | n/a | US$516m |
| Jun 30 2021 | n/a | n/a | US$612m |
| Mar 31 2021 | n/a | n/a | US$493m |
| Dec 31 2020 | US$939k | US$736k | US$374m |
| Sep 30 2020 | n/a | n/a | US$286m |
| Jun 30 2020 | n/a | n/a | US$198m |
| Mar 31 2020 | n/a | n/a | US$201m |
| Dec 31 2019 | US$1m | US$871k | US$204m |
| Sep 30 2019 | n/a | n/a | US$197m |
| Jun 30 2019 | n/a | n/a | US$190m |
| Mar 31 2019 | n/a | n/a | US$270m |
| Dec 31 2018 | US$886k | US$830k | US$350m |
| Sep 30 2018 | n/a | n/a | US$416m |
| Jun 30 2018 | n/a | n/a | US$482m |
| Mar 31 2018 | n/a | n/a | US$521m |
| Dec 31 2017 | US$1m | US$810k | US$561m |
Compensation vs Market: Octavio's total compensation ($USD1.37M) is below average for companies of similar size in the UK market ($USD3.32M).
Compensation vs Earnings: Octavio's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Octavio Alvidrez (58 yo)
11.8yrs
Tenure
US$1,370,000
Compensation
Mr. Octavio M. Alvidrez has been Chief Executive Officer of Fresnillo plc since August 15, 2012. Mr. Alvidrez has extensive experience within the mining industry having previously held the position of Gene...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 11.8yrs | US$1.37m | no data | |
| Chief Financial Officer | 16.1yrs | no data | no data | |
| Chief Operating Officer | 3.5yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Head of Sustainability | no data | no data | no data | |
| Vice President of Exploration | 3.3yrs | no data | no data | |
| Chief Operating Officer of Northern Region | less than a year | no data | no data | |
| Company Secretary | 3.6yrs | no data | no data |
3.5yrs
Average Tenure
Experienced Management: FRES's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior Independent Non-executive Director | 10yrs | US$122.00k | 0.00022% $ 9.0k | |
| Non-Independent Chairman | 12.1yrs | US$47.00k | no data | |
| Non-Independent Non-executive Director | 16.3yrs | US$47.00k | 0.0020% $ 83.9k | |
| Independent Non Executive Director | 6yrs | US$54.00k | no data | |
| Non-Independent Non-Executive Director | 16.1yrs | US$47.00k | no data | |
| Independent Non-Executive Director | 2.9yrs | US$47.00k | no data | |
| Non-Independent Non-Executive Director | 16.1yrs | US$47.00k | 0.0041% $ 167.4k | |
| Independent Non-Executive Director | 8yrs | US$68.00k | no data | |
| Independent Non-Executive Director | 10yrs | US$47.00k | no data | |
| Non-Independent Non-Executive Director | 2.9yrs | US$47.00k | no data | |
| Independent Non-Executive Director | 7yrs | US$122.00k | no data | |
| Independent Non-Executive Director | 4yrs | US$47.00k | no data |
9.0yrs
Average Tenure
72yo
Average Age
Experienced Board: FRES's board of directors are considered experienced (9 years average tenure).