Eldorado Gold Management
Management criteria checks 2/4
Eldorado Gold's CEO is George Burns, appointed in Apr 2017, has a tenure of 7.08 years. total yearly compensation is $3.92M, comprised of 20.4% salary and 79.6% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth MX$193.17M. The average tenure of the management team and the board of directors is 0.9 years and 5.9 years respectively.
Key information
George Burns
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 20.4% |
| CEO tenure | 7.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$125m |
| Dec 31 2023 | US$4m | US$801k | US$109m |
| Sep 30 2023 | n/a | n/a | US$129m |
| Jun 30 2023 | n/a | n/a | US$107m |
| Mar 31 2023 | n/a | n/a | US$83m |
| Dec 31 2022 | US$3m | US$753k | US$24m |
| Sep 30 2022 | n/a | n/a | -US$124m |
| Jun 30 2022 | n/a | n/a | -US$87m |
| Mar 31 2022 | n/a | n/a | -US$33m |
| Dec 31 2021 | US$4m | US$807k | US$21m |
| Sep 30 2021 | n/a | n/a | US$84m |
| Jun 30 2021 | n/a | n/a | US$130m |
| Mar 31 2021 | n/a | n/a | US$148m |
| Dec 31 2020 | US$4m | US$786k | US$131m |
| Sep 30 2020 | n/a | n/a | US$192m |
| Jun 30 2020 | n/a | n/a | US$142m |
| Mar 31 2020 | n/a | n/a | US$105m |
| Dec 31 2019 | US$3m | US$770k | US$81m |
| Sep 30 2019 | n/a | n/a | -US$229m |
| Jun 30 2019 | n/a | n/a | -US$361m |
| Mar 31 2019 | n/a | n/a | -US$398m |
| Dec 31 2018 | US$3m | US$733k | -US$362m |
| Sep 30 2018 | n/a | n/a | -US$165m |
| Jun 30 2018 | n/a | n/a | -US$41m |
| Mar 31 2018 | n/a | n/a | -US$5m |
| Dec 31 2017 | US$6m | US$729k | -US$7m |
Compensation vs Market: George's total compensation ($USD3.92M) is above average for companies of similar size in the MX market ($USD1.49M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Burns (63 yo)
7.1yrs
Tenure
US$3,916,236
Compensation
Mr. George Raymond Burns has been an Independent Director of Turquoise Hill Resources Ltd. since January 21, 2020. He has been the President and Chief Executive Officer of Eldorado Gold Corporation since A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$3.92m | 0.37% $ 193.2m | |
| CFO & Executive VP | less than a year | US$1.04m | 0.0056% $ 3.0m | |
| Executive VP | 1.3yrs | US$1.24m | 0.0033% $ 1.8m | |
| Executive VP of Technical Services & Operations | no data | no data | 0.0071% $ 3.7m | |
| Vice President of Investor Relations | 1.1yrs | no data | 0.00090% $ 476.2k | |
| Vice President of Corporate Development | 2.6yrs | no data | 0.011% $ 5.9m | |
| Vice President of Exploration | less than a year | no data | no data | |
| Senior Vice President of Operations | less than a year | no data | 0.00051% $ 269.9k | |
| Vice President of Health | 1.3yrs | no data | no data | |
| Senior Vice President of Finance | less than a year | no data | 0.00043% $ 227.5k | |
| Executive Vice President of Development - Greece | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | 0.00037% $ 195.8k |
0.9yrs
Average Tenure
Experienced Management: EGO N's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.1yrs | US$3.92m | 0.37% $ 193.2m | |
| Independent Director | 9.3yrs | US$184.91k | no data | |
| Independent Non-Executive Chairman of the Board | 11yrs | US$249.05k | 0.011% $ 5.7m | |
| Independent Director | 5.9yrs | US$173.59k | 0.0052% $ 2.7m | |
| Independent Director | 9.7yrs | US$173.59k | 0.0049% $ 2.6m | |
| Independent Director | 4.1yrs | US$173.59k | 0.0037% $ 2.0m | |
| Independent Director | 1.9yrs | US$158.49k | 0.0049% $ 2.6m | |
| Independent Director | 3.7yrs | US$173.59k | 0.00027% $ 142.9k | |
| Independent Director | 2.3yrs | US$158.49k | 0.00098% $ 518.5k |
5.9yrs
Average Tenure
64yo
Average Age
Experienced Board: EGO N's board of directors are considered experienced (5.9 years average tenure).