TMC the metals Management
Management criteria checks 2/4
TMC the metals' CEO is Gerard Barron, appointed in Sep 2021, has a tenure of 2.58 years. total yearly compensation is $2.61M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 5.2% of the company’s shares, worth $26.81M. The average tenure of the management team and the board of directors is 2.6 years and 2.6 years respectively.
Key information
Gerard Barron
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 21.7% |
| CEO tenure | 2.6yrs |
| CEO ownership | 5.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$565k | -US$74m |
| Sep 30 2023 | n/a | n/a | -US$136m |
| Jun 30 2023 | n/a | n/a | -US$152m |
| Mar 31 2023 | n/a | n/a | -US$150m |
| Dec 31 2022 | US$883k | US$565k | -US$171m |
| Sep 30 2022 | n/a | n/a | -US$81m |
| Jun 30 2022 | n/a | n/a | -US$90m |
| Mar 31 2022 | n/a | n/a | -US$107m |
| Dec 31 2021 | US$14m | US$565k | -US$141m |
| Sep 30 2021 | n/a | n/a | -US$139m |
| Jun 30 2021 | n/a | n/a | -US$109m |
| Mar 31 2021 | n/a | n/a | -US$99m |
| Dec 31 2020 | US$565k | US$565k | -US$57m |
| Dec 31 2019 | US$508k | US$508k | -US$43m |
Compensation vs Market: Gerard's total compensation ($USD2.61M) is about average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Gerard's compensation has increased whilst the company is unprofitable.
CEO
Gerard Barron (56 yo)
2.6yrs
Tenure
US$2,605,651
Compensation
Mr. Gerard Barron is Chief Executive Officer and Chairman of the Board of TMC the metals company Inc. from September 9, 2021. He has Bachelor's in Business from University of Southern Queensland. Mr. Barro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 2.6yrs | US$2.61m | 5.2% $ 26.8m | |
| Chief Financial Officer | 2.6yrs | US$1.30m | 0.27% $ 1.4m | |
| Chief Strategy Officer | 2.6yrs | US$1.41m | 0.37% $ 1.9m | |
| Chief Accounting Officer | no data | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Head Of Communications & Brand | no data | no data | no data | |
| Chief Development Officer | 2.6yrs | US$661.38k | 0.24% $ 1.2m | |
| Chief Ocean Scientist | 2.6yrs | no data | 0.052% $ 268.3k | |
| Chief Sustainability Officer | no data | no data | no data | |
| Head Of Offshore Development | no data | no data | no data | |
| Head of Onshore Development | no data | no data | no data | |
| General Counsel | no data | no data | no data |
2.6yrs
Average Tenure
51yo
Average Age
Experienced Management: TMC's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 2.6yrs | US$2.61m | 5.2% $ 26.8m | |
| Vice- Chairman | no data | no data | no data | |
| Independent Director | 2.6yrs | US$197.50k | 0.0096% $ 49.7k | |
| Lead Independent Director | 1.5yrs | US$225.00k | 1.29% $ 6.6m | |
| Independent Director | 2.6yrs | US$217.50k | 0.023% $ 118.6k | |
| Independent Director | 2.2yrs | US$212.50k | 0.030% $ 153.1k | |
| Independent Director | 2.6yrs | US$210.00k | 0.00084% $ 4.3k | |
| Independent Director | 2.6yrs | US$210.00k | 0.023% $ 118.9k | |
| Independent Director | 2.6yrs | US$195.00k | 0.00084% $ 4.3k |
2.6yrs
Average Tenure
58yo
Average Age
Experienced Board: TMC's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.