Solitario Resources Management

Management criteria checks 4/4

Solitario Resources' CEO is Chris Herald, appointed in Aug 1993, has a tenure of 30.75 years. total yearly compensation is $299.00K, comprised of 57.5% salary and 42.5% bonuses, including company stock and options. directly owns 2.54% of the company’s shares, worth $1.61M. The average tenure of the management team and the board of directors is 26.7 years and 6.8 years respectively.

Key information

Chris Herald

Chief executive officer

US$299.0k

Total compensation

CEO salary percentage	57.5%
CEO tenure	30.8yrs
CEO ownership	2.5%
Management average tenure	26.7yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

Here's Why We're Not At All Concerned With Solitario Zinc's (NYSEMKT:XPL) Cash Burn Situation

Mar 09

CEO Compensation Analysis

How has Chris Herald's remuneration changed compared to Solitario Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$299k	US$172k	-US$4m
Sep 30 2023	n/a	n/a	-US$3m
Jun 30 2023	n/a	n/a	-US$3m
Mar 31 2023	n/a	n/a	-US$4m
Dec 31 2022	US$353k	US$155k	-US$4m
Sep 30 2022	n/a	n/a	-US$4m
Jun 30 2022	n/a	n/a	-US$3m
Mar 31 2022	n/a	n/a	-US$2m
Dec 31 2021	US$164k	US$138k	-US$2m
Sep 30 2021	n/a	n/a	-US$2m
Jun 30 2021	n/a	n/a	-US$2m
Mar 31 2021	n/a	n/a	-US$860k
Dec 31 2020	US$196k	US$145k	-US$939k
Sep 30 2020	n/a	n/a	-US$771k
Jun 30 2020	n/a	n/a	-US$2m
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	US$191k	US$166k	-US$3m
Sep 30 2019	n/a	n/a	-US$4m
Jun 30 2019	n/a	n/a	-US$3m
Mar 31 2019	n/a	n/a	-US$3m
Dec 31 2018	US$511k	US$203k	-US$4m
Sep 30 2018	n/a	n/a	-US$3m
Jun 30 2018	n/a	n/a	-US$2m
Mar 31 2018	n/a	n/a	-US$2m
Dec 31 2017	US$230k	US$201k	-US$942k

Compensation vs Market: Chris's total compensation ($USD299.00K) is below average for companies of similar size in the US market ($USD674.46K).

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

CEO

Chris Herald (69 yo)

30.8yrs

Tenure

US$299,000

Compensation

Mr. Christopher Engle Herald, also known as Chris, M.Sc., has been the Chief Executive Officer of Solitario Resources Corp. (formerly known as Solitario Zinc Corp.) (formerly known as Solitario Exploration...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christopher Herald	President	30.8yrs	US$299.00k	2.54% $ 1.6m
James Maronick	CFO, Secretary & Treasurer	26.7yrs	US$264.00k	1.1% $ 695.0k
Walter Hunt	Chief Operating Officer	15.9yrs	US$259.00k	0.90% $ 573.7k

26.7yrs

Average Tenure

69yo

Average Age

Experienced Management: XPL's management team is seasoned and experienced (26.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Herald	President	31.8yrs	US$299.00k	2.54% $ 1.6m
Debbie Mino-Austin	Independent Director	2.1yrs	US$9.80k	0.21% $ 135.8k
Brian Labadie	Independent Chairman of the Board	17.9yrs	US$12.10k	0.41% $ 259.6k
John Labate	Independent Director	7.4yrs	US$12.10k	0.17% $ 109.2k
James K. Hesketh	Independent Director	6.8yrs	US$9.80k	0.20% $ 123.7k
Gil Atzmon	Independent Director	6.8yrs	US$9.80k	3.51% $ 2.2m
Joshua Crumb	Independent Director	6.8yrs	US$9.80k	0.022% $ 13.9k

6.8yrs

Average Tenure

69yo

Average Age

Experienced Board: XPL's board of directors are considered experienced (6.8 years average tenure).

Solitario Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Solitario Resources Corp., Annual General Meeting, Jun 20, 2024

President exercised options to buy US$205k worth of stock.

Chief Operating Officer exercised options to buy US$149k worth of stock.

Insufficient new directors

Insufficient new directors

Solitario Zinc Corp. Appoints Debbie Mino-Austin to Join the Board

Recent updates

Solitario Resources Corp. Receives Positive Decision Notice on its Golden Crest Gold Project from the United State Forest Service

Solitario Resources Corp., Annual General Meeting, Jun 20, 2024

Solitario Resources Corp. Discovers Significant New Gold Zone - Sleeping Beauty New Multi-Gram Gold Assays over A 1,600-Meter Trend

Solitario Resources Corp. Expands Geyser Gold Target with New Multi-Gram Gold Assay Results - Remains Open in Two Directions

U.S. Forest Service Issues an Environmental Assessment and Draft Decision of No Significant Impact on Solitario's Proposed Golden Crest Drilling Program

Solitario Resources Corp. has filed a Follow-on Equity Offering in the amount of $10 million.

President exercised options to buy US$205k worth of stock.

Chief Operating Officer exercised options to buy US$149k worth of stock.

Solitario Resources Corp. announced that it has received $4.7475 million in funding

Solitario Resources Corp. announced that it has received $2.5 million in funding

New minor risk - Shareholder dilution

New major risk - Financial position

Solitario Resources Corp. Updates Progress on Its Florida Canyon and Lik Zinc Projects with Drilling on Both Projects

Solitario Zinc Corp. Discovers Multi-Gram Spur Gold Zone South of Geyser; Geyser-Spur Gold Zones Open in All Directions

Solitario Zinc Corp. Significantly Expands High-Grade Geyser Gold Zone

Insufficient new directors

Solitario Zinc Corp. Adds to Golden Crest Surface Trenching Results with 30.0 Meters Grading 11.1 GPT Gold

Price target decreased to US$0.90

Insufficient new directors

Solitario Zinc Corp. Appoints Debbie Mino-Austin to Join the Board

Solitario Zinc Corp., Annual General Meeting, Jun 21, 2022

Solitario Zinc Corp. (NYSEAM:XPL) acquired Golden Crest Project.

Solitario Zinc Corp. Amends Technical Report and Clarifies Technical Disclosure for Its Florida Canyon Zinc Project

Here's Why We're Not At All Concerned With Solitario Zinc's (NYSEMKT:XPL) Cash Burn Situation

Solitario Zinc Corp. (AMEX:XPL) acquired Gold Coin Property in Arizona recently.

New 90-day high: US$0.92

New 90-day high: US$0.80

New 90-day high: US$0.62

New 90-day high: US$0.62

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age