Hochschild Mining plc

LSE:HOC Stock Report

Mkt Cap: UK£416.5m

Hochschild Mining Management

How experienced are the management team and are they aligned to shareholders interests?

9.4yrs

Average management tenure

CEO

Ignacio Bustamante (50 yo)

12.75yrs

Tenure

US$1,995,000

Compensation

Mr. Ignacio Bustamante serves as a Non-Executive Director at Aclara Resources Inc. since October 15, 2021. He has been the Chief Executive Officer at Hochschild Mining PLC since April 2010. Mr. Bustamante...

CEO Compensation Analysis

How has Ignacio Bustamante's remuneration changed compared to Hochschild Mining's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

US$39m

Mar 31 2022n/an/a

US$58m

Dec 31 2021US$2mUS$700k

US$77m

Sep 30 2021n/an/a

US$67m

Jun 30 2021n/an/a

US$58m

Mar 31 2021n/an/a

US$37m

Dec 31 2020US$2mUS$700k

US$15m

Sep 30 2020n/an/a

US$11m

Jun 30 2020n/an/a

US$7m

Mar 31 2020n/an/a

US$18m

Dec 31 2019US$4mUS$700k

US$29m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$14m

Mar 31 2019n/an/a

US$13m

Dec 31 2018US$4mUS$700k

US$13m

Sep 30 2018n/an/a

US$22m

Jun 30 2018n/an/a

US$31m

Mar 31 2018n/an/a

US$36m

Dec 31 2017US$5mUS$700k

US$42m

Sep 30 2017n/an/a

US$41m

Jun 30 2017n/an/a

US$41m

Mar 31 2017n/an/a

US$43m

Dec 31 2016US$3mUS$702k

US$46m

Compensation vs Market: Ignacio's total compensation ($USD2.00M) is above average for companies of similar size in the UK market ($USD1.08M).

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

Leadership Team

NamePositionTenureCompensationOwnership
Ignacio Bustamante
CEO & Director12.75yrsUS$2.00m0.35%
$ 1.5m
Eduardo Noriega
Chief Financial Officer1.08yrsno datano data
Eduardo Landin
Chief Operating Officer9.83yrsno datano data
Charles Gordon
Head of Investor Relationsno datano datano data
Jose Palma
Vice President of Legal & Corporate Affairsno datano datano data
Eduardo Villar
Vice President of Human Resourcesno datano datano data
Isac Burstein
Vice President of Exploration & Business Development8.92yrsno datano data
Gregory McCunn
CEO of Volcan Gold Project1.08yrsno datano data
Raj Bhasin
Company Secretary16yrsno datano data

9.4yrs

Average Tenure

52yo

Average Age

Experienced Management: HOC's management team is seasoned and experienced (9.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ignacio Bustamante
CEO & Director12.75yrsUS$2.00m0.35%
$ 1.5m
Eileen Kamerick
Independent Non-Executive Director6.17yrsUS$115.00kno data
Jorge Born
Independent Non-Executive Director16.25yrsUS$96.00kno data
Michel J. Sylvestre
Independent Non-Executive Director0.67yrno datano data
Michael Rawlinson
Senior Independent Director7yrsUS$134.00kno data
Tracey Louise Kerr
Independent Non-Executive Director1.08yrsUS$6.00kno data
Eduardo Hochschild Beeck
Non-Executive Chairman17yrsUS$1.18m38.32%
$ 159.6m
Jill Gardiner
Independent Non-Executive Director2.42yrsUS$96.00kno data
Nicolas Hochschild
Non-Executive Director0.67yrno datano data

6.2yrs

Average Tenure

59yo

Average Age

Experienced Board: HOC's board of directors are considered experienced (6.2 years average tenure).