Reconnaissance Energy Africa Ltd.

NMSE:REC Stock Report

Market Cap: R3.3b

Reconnaissance Energy Africa Management

Management criteria checks 1/4

Reconnaissance Energy Africa's CEO is Brian Reinsborough, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is CA$343.92K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth ZAR11.20M. The average tenure of the management team and the board of directors is 1.3 years and 0.8 years respectively.

Key information

Brian Reinsborough

Chief executive officer

CA$343.9k

Total compensation

CEO salary percentage100.0%
CEO tenure1.3yrs
CEO ownership0.3%
Management average tenure1.3yrs
Board average tenureless than a year

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Brian Reinsborough's remuneration changed compared to Reconnaissance Energy Africa's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CA$63m

Mar 31 2024CA$344kCA$344k

CA$64m

Compensation vs Market: Brian's total compensation ($USD244.10K) is below average for companies of similar size in the NA market ($USD564.54K).

Compensation vs Earnings: Insufficient data to compare Brian's compensation with company performance.


CEO

Brian Reinsborough (62 yo)

1.3yrs

Tenure

CA$343,920

Compensation

Mr. Brian C. Reinsborough serves as President & CEO of Founded Venari Resources, LLC in 2012 and serves as its Chairman, President and Chief Executive Officer. Mr. Reinsborough serves as an Executive-in-Re...


Leadership Team

NamePositionTenureCompensationOwnership
Brian Reinsborough
President & CEO1.3yrsCA$343.92k0.34%
ZAR 11.2m
Carlos Escribano
Chief Financial Officer4.8yrsCA$324.00k0.045%
ZAR 1.5m
Nicholas Steinsberger
Senior Vice President of Drilling & Completions4.4yrsCA$407.97k0.30%
ZAR 10.1m
Diana McQueen
Executive Chairman of the Boardless than a yearno data0.0060%
ZAR 200.6k
Dilek Kuban
Chief Compliance Officer1.9yrsno data0.096%
ZAR 3.2m
Adam Rubin
General Counsel & Corporate Secretary1.3yrsno data0.050%
ZAR 1.7m
Gitane De Silva
Senior Vice President ESGless than a yearno datano data
Christopher Sembritzky
Senior Vice President of Explorationless than a yearno data0.057%
ZAR 1.9m
Ansgar Wanke
Geologistno datano datano data

1.3yrs

Average Tenure

61yo

Average Age

Experienced Management: REC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Diana McQueen
Executive Chairman of the Boardless than a yearno data0.0060%
ZAR 200.6k
Iman Mohamed Hill
Independent Director1.3yrsCA$27.33kno data
Joseph Davis
Lead Independent Director2.8yrsCA$21.71k0.049%
ZAR 1.6m
Donald Harder
Independent Directorless than a yearno data0.0038%
ZAR 125.6k

0.8yrs

Average Tenure

62yo

Average Age

Experienced Board: REC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.