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Turquoise Hill Resources Management
Management criteria checks 4/4
Key information
Steve Thibeault
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 35.3% |
| CEO tenure | 1.8yrs |
| CEO ownership | n/a |
| Management average tenure | 3.6yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Turquoise Hill: Successful Coup For Rio Tinto
Feb 20Turquoise Hill Resources Q3 2022 Earnings Preview
Nov 11Turquoise Hill vote on sale to Rio Tinto postponed for a week
Nov 01Turquoise Hill Resources gains as holder Pentwater buys more shares amid Rio Tinto deal
Oct 26Turquoise Hill reports Q3 copper production of 36.3K tons, down 13% Y/Y; reaffirms FY22 copper production guidance
Oct 18Turquoise Hill receives interim court order for proposed arrangement with Rio Tinto
Sep 30Rio Tinto to acquire remainder of Turquoise Hill Resources
Sep 06Turquoise Hill Resources GAAP EPS of $0.41 beats by $0.09, revenue of $402M beats by $1.4M
Aug 04Turquoise Hill Resources Ltd.: Investors Upbeat Before Takeover
May 19Turquoise Hill's Copper Mine Ramping Toward Higher Cash Flow
Feb 04Turquoise Hill Resources: Wait For A Better Entry
Oct 20Turquoise Hill: A Look At Q2 2021 Results
Aug 03Turquoise Hill: Q2 Will Look Ugly
Jul 16Turquoise Hill: Thoughts On The Recent Update
Apr 21Turquoise Hill gets temporary relief in Rio Tinto arbitration
Feb 04Turquoise Hill -23% as Mongolia warns on Oyu Tolgoi project viability
Jan 11Turquoise Hill considers gold streaming, debt funding for Oyu Tolgoi mine
Dec 23Turquoise Hill - Find Another Way To Play Copper
Dec 13Turquoise Hill says Odey's letter contains funding plan misinformation
Nov 27Turquiose Hill Resources EPS beats by $0.49, misses on revenue
Nov 13Turquoise Hill launches arbitration with Rio Tinto on Oyu Tolgoi funding
Nov 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | US$534m |
| Jun 30 2022 | n/a | n/a | US$543m |
| Mar 31 2022 | n/a | n/a | US$563m |
| Dec 31 2021 | US$1m | US$390k | US$525m |
| Sep 30 2021 | n/a | n/a | US$555m |
| Jun 30 2021 | n/a | n/a | US$628m |
| Mar 31 2021 | n/a | n/a | US$598m |
| Dec 31 2020 | n/a | n/a | US$406m |
| Sep 30 2020 | n/a | n/a | US$359m |
| Jun 30 2020 | n/a | n/a | US$303m |
| Mar 31 2020 | n/a | n/a | -US$217m |
| Dec 31 2019 | n/a | n/a | -US$150m |
| Sep 30 2019 | n/a | n/a | -US$163m |
| Jun 30 2019 | n/a | n/a | -US$181m |
| Mar 31 2019 | n/a | n/a | US$437m |
| Dec 31 2018 | n/a | n/a | US$411m |
| Sep 30 2018 | n/a | n/a | US$361m |
| Jun 30 2018 | n/a | n/a | US$373m |
| Mar 31 2018 | n/a | n/a | US$226m |
| Dec 31 2017 | US$442k | US$110k | US$181m |
| Sep 30 2017 | n/a | n/a | US$223m |
| Jun 30 2017 | n/a | n/a | US$127m |
| Mar 31 2017 | n/a | n/a | US$133m |
| Dec 31 2016 | US$543k | US$275k | US$211m |
| Sep 30 2016 | n/a | n/a | US$297m |
| Jun 30 2016 | n/a | n/a | US$372m |
| Mar 31 2016 | n/a | n/a | US$394m |
| Dec 31 2015 | US$574k | US$275k | US$311m |
Compensation vs Market: Steve's total compensation ($USD1.10M) is below average for companies of similar size in the US market ($USD8.47M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Thibeault (63 yo)
1.8yrs
Tenure
US$1,104,594
Compensation
Mr. Steve Thibeault, BA (Acc), CMA, serves as Interim Chief Executive Officer at Turquoise Hill Resources Limited since March 3, 2021 and has been its Non-Independent Director since March 3, 2021. Mr. Thib...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Non-Independent Director | 1.8yrs | US$1.10m | no data | |
| Chief Financial Officer | 5.2yrs | US$847.93k | 0.0022% $ 140.9k | |
| Chief Operating Officer | 3.5yrs | US$780.91k | 0.00094% $ 59.4k | |
| Chief Legal Officer & Corporate Secretary | 9.9yrs | US$706.22k | no data | |
| Vice President of Investor Relations & Communications | 3.6yrs | no data | no data |
3.6yrs
Average Tenure
Experienced Management: TRQ's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Non-Independent Director | 1.8yrs | US$1.10m | no data | |
| Independent Chairman of the Board | 10.6yrs | US$670.60k | 0.0065% $ 408.3k | |
| Director of Ivanhoe Australia | 10.7yrs | no data | no data | |
| Independent Director | 2.9yrs | US$426.64k | no data | |
| Independent Director | 10.5yrs | US$502.16k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.9yrs | US$387.10k | 0.0015% $ 96.7k | |
| Non-Independent Director | 5yrs | US$132.86k | no data | |
| Non-Independent Director | 2.3yrs | US$112.29k | no data |
5.0yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TRQ's board of directors are considered experienced (5 years average tenure).