Eldorado Gold Management
Management criteria checks 3/4
Eldorado Gold's CEO is George Burns, appointed in Apr 2017, has a tenure of 7.83 years. total yearly compensation is $3.92M, comprised of 20.4% salary and 79.6% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $7.91M. The average tenure of the management team and the board of directors is 1.5 years and 5.8 years respectively.
Key information
George Burns
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 20.4% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.5yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Eldorado Gold: Skouries Capex Uncertainty Overshadows Strong Q4 Output
Jan 21Top 5 Mining Stocks To Watch In 2025: No.4 - Eldorado Gold
Jan 03Eldorado Gold: Another Quarter Of Significant Margin Expansion
Nov 05Eldorado Gold: All Eyes On Skouries
Sep 06Eldorado Gold Corporation: What The Latest Investor Presentation Tells Us
Jun 16Eldorado Gold Stock: Room To Stay Bullish At A 7-Year High
Apr 30Eldorado Gold: Better Entries Ahead Of Strong Upside Potential
Feb 13Eldorado Gold: Massive Growth Potential
Nov 29Eldorado Gold Q3 Earnings: A Solid Quarter Overall
Nov 12Eldorado Gold: Margins Up Sharply, But Annual Output Below Plan
Oct 29Eldorado Gold: Strong Q4 Needed To Meet Guidance Midpoint
Oct 02Eldorado Gold: A Softer Q2 Than Expected
Jul 31Eldorado Gold: A Stronger H2 On Deck
Jul 24Eldorado Gold Non-GAAP EPS of $0.14 beats by $0.08, revenue of $246.2M beats by $2.67M
Feb 23Eldorado Gold: Too Far Too Fast
Jan 27Eldorado Gold prelim 2022 production falls below bottom end of forecast
Jan 16Eldorado Gold: A Much Better Year Ahead
Dec 11Eldorado Gold GAAP EPS of -$0.04 misses by $0.07, revenue of $217.71M misses by $10.58M
Oct 27Eldorado Gold: Weakening Gold Price Is Not Helping
Oct 20Eldorado Gold: Don't Miss The Forest For The Trees
Aug 18Eldorado Gold Non-GAAP EPS of $0.08 misses by $0.03, revenue of $213.4M misses by $30.54M
Jul 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$287m |
| Jun 30 2024 | n/a | n/a | US$180m |
| 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$362m |
Compensation vs Market: George's total compensation ($USD3.92M) is below average for companies of similar size in the US market ($USD6.64M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Burns (64 yo)
7.8yrs
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 | 7.8yrs | US$3.92m | 0.25% $ 7.9m | |
| CFO & Executive VP | 1.1yrs | US$1.04m | 0.012% $ 375.3k | |
| Executive VP | 2.1yrs | US$1.24m | 0.0038% $ 118.4k | |
| Executive VP of Technical Services & Operations | no data | no data | 0.0077% $ 240.1k | |
| Vice President of Investor Relations | 1.8yrs | no data | 0.00088% $ 27.3k | |
| Vice President of Corporate Development | 3.3yrs | no data | 0.011% $ 353.5k | |
| Vice President of Human Resources | less than a year | no data | 0.00016% $ 5.0k | |
| Vice President of Exploration | 1.5yrs | no data | 0.00046% $ 14.3k | |
| Senior Vice President of Operations | 1.3yrs | no data | 0.0049% $ 153.5k | |
| Vice President of Health | 2.1yrs | no data | 0.00051% $ 15.8k | |
| Senior Vice President of Finance | 1.4yrs | no data | 0.00085% $ 26.4k | |
| Executive Vice President of Development - Greece | 1.1yrs | no data | no data |
1.5yrs
Average Tenure
Experienced Management: EGO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$3.92m | 0.25% $ 7.9m | |
| Independent Director | 10.1yrs | US$184.91k | no data | |
| Independent Non-Executive Chairman of the Board | 11.8yrs | US$249.05k | 0.011% $ 334.9k | |
| Independent Director | 6.7yrs | US$173.59k | 0.0051% $ 159.7k | |
| Independent Director | 4.8yrs | US$173.59k | 0.0037% $ 114.0k | |
| Independent Director | 2.7yrs | US$158.49k | 0.0049% $ 152.2k | |
| Independent Director | 4.4yrs | US$173.59k | 0.00026% $ 8.1k | |
| Independent Director | 3.1yrs | US$158.49k | 0.00098% $ 30.4k |
5.8yrs
Average Tenure
65yo
Average Age
Experienced Board: EGO's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 02:16 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Eldorado Gold Corporation is covered by 37 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Farooq Hamed | Barclays |
| Brian Quast | BMO Capital Markets Equity Research |
| Harmen Puri | BofA Global Research |