Lundin Mining Corporation

OM:LUMI Stock Report

Market Cap: SEK 86.3b

Lundin Mining Management

Management criteria checks 1/4

Lundin Mining's CEO is Jack O. Lundin, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is $2.17M, comprised of 16.5% salary and 83.5% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth SEK55.02M. The average tenure of the management team and the board of directors is 1.9 years and 2.6 years respectively.

Key information

Jack O. Lundin

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage16.5%
CEO tenure1.9yrs
CEO ownership0.06%
Management average tenure1.9yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jack O. Lundin's remuneration changed compared to Lundin Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$275m

Jun 30 2024n/an/a

US$171m

Mar 31 2024n/an/a

US$109m

Dec 31 2023US$2mUS$358k

US$242m

Sep 30 2023n/an/a

US$348m

Jun 30 2023n/an/a

US$340m

Mar 31 2023n/an/a

US$228m

Dec 31 2022US$1mUS$26k

US$427m

Sep 30 2022n/an/a

US$510m

Jun 30 2022n/an/a

US$695m

Mar 31 2022n/an/a

US$990m

Dec 31 2021US$112kn/a

US$780m

Compensation vs Market: Jack O.'s total compensation ($USD2.17M) is about average for companies of similar size in the Swedish market ($USD2.20M).

Compensation vs Earnings: Jack O.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jack O. Lundin (35 yo)

1.9yrs

Tenure

US$2,166,391

Compensation

Mr. Jack O. A. Lundin serves as Chief Executive Officer of Lundin Mining Corporation since December 4, 2023 and is its Director since January 01, 2024. He serves as Independent Chairman of Lundin Gold Inc....

Leadership Team

NamePositionTenureCompensationOwnership
Jack O. Lundin
President1.9yrsUS$2.17m0.064%
SEK 55.0m
Teitur Poulsen
Executive VP & CFO2.2yrsUS$1.89m0.0077%
SEK 6.7m
Juan Morel
Executive VP & COO2.3yrsUS$2.15mno data
Peter Brady
Executive VP & General Counsel1.8yrsUS$1.41mno data
David Dicaire
Executive Vice President of Josemaria Project2.3yrsUS$1.90mno data
Steve Little
Vice President of Technology & Innovation1.3yrsno datano data
Stephen Williams
Vice President of Investor Relations1.3yrsno datano data
Quinn Yong
Vice President of Corporate Development & Strategy3.8yrsno datano data
Jacinta Zaleski
Vice President of Human Resources2.1yrsno datano data
Tim Walmsley
Vice President of Explorationno datano datano data
Patrick Merrin
Executive Vice President of Technical Servicesless than a yearno datano data
Nathan Monash
Vice President of Sustainabilityless than a yearno datano data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Management: LUMI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jack O. Lundin
Presidentless than a yearUS$2.17m0.064%
SEK 55.0m
Donald Charter
Independent Director18.1yrsUS$166.44k0.011%
SEK 9.2m
Charles Ashley Heppenstall
Lead Independent Director4.5yrsUS$155.32k0.11%
SEK 95.1m
Dale Peniuk
Independent Director18.1yrsUS$172.62k0.0064%
SEK 5.6m
Juliana Lam
Independent Director2.7yrsUS$125.68k0.0048%
SEK 4.1m
Adam Lundin
Chairman of the Board2.5yrsUS$199.48k0.097%
SEK 83.6m
Natasha Nella Vaz
Independent Director2.3yrsUS$126.30k0.00067%
SEK 577.9k
Maria Recart
Independent Director1.7yrsUS$89.24kno data

2.6yrs

Average Tenure

60yo

Average Age

Experienced Board: LUMI's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.