Gold Resource Corporation

NYSEAM:GORO Stock Report

Market Cap: US$17.5m

Gold Resource Management

Management criteria checks 4/4

Gold Resource's CEO is Allen Palmiere, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is $834.26K, comprised of 59.3% salary and 40.7% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $17.96K. The average tenure of the management team and the board of directors is 3.1 years and 3.9 years respectively.

Key information

Allen Palmiere

Chief executive officer

US$834.3k

Total compensation

CEO salary percentage59.3%
CEO tenure3.9yrs
CEO ownership0.1%
Management average tenure3.1yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Allen Palmiere's remuneration changed compared to Gold Resource's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$45m

Jun 30 2024n/an/a

-US$42m

Mar 31 2024n/an/a

-US$19m

Dec 31 2023US$834kUS$495k

-US$16m

Sep 30 2023n/an/a

-US$16m

Jun 30 2023n/an/a

-US$19m

Mar 31 2023n/an/a

-US$11m

Dec 31 2022US$2mUS$450k

-US$6m

Sep 30 2022n/an/a

-US$349k

Jun 30 2022n/an/a

US$11m

Mar 31 2022n/an/a

US$10m

Dec 31 2021US$2mUS$450k

US$8m

Compensation vs Market: Allen's total compensation ($USD834.26K) is about average for companies of similar size in the US market ($USD649.07K).

Compensation vs Earnings: Allen's compensation has been consistent with company performance over the past year.


CEO

Allen Palmiere (71 yo)

3.9yrs

Tenure

US$834,255

Compensation

Mr. Allen Joseph Palmiere, B.Comm. C.A., serves as an Independent Director at Maritime Resources Corp. since November 30, 2023 and serves as Independent Chairman of the Board since September 2024. He serve...


Leadership Team

NamePositionTenureCompensationOwnership
Allen Palmiere
CEO, President & Director3.9yrsUS$834.26k0.10%
$ 18.0k
Chet Holyoak
CFO & Corporate Controller2.4yrsUS$251.08k0.0043%
$ 757.6
Alberto Reyes
Chief Operating Officer3.6yrsUS$553.60k0.016%
$ 2.8k
Patrick Frenette
Vice President of Technical Services2.7yrsno datano data

3.1yrs

Average Tenure

48yo

Average Age

Experienced Management: GORO's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Allen Palmiere
CEO, President & Director3.9yrsUS$834.26k0.10%
$ 18.0k
Ronald Little
Interim Independent Chairman of the Board3.8yrsUS$210.76k0.042%
$ 7.4k
Lila A. Murphy
Independent Director3.9yrsUS$165.69k0%
$ 0

3.9yrs

Average Tenure

61yo

Average Age

Experienced Board: GORO's board of directors are considered experienced (3.9 years average tenure).