Adavale Resources Management
Management criteria checks 3/4
Adavale Resources' CEO is Allan Ritchie, appointed in Sep 2020, has a tenure of 4.17 years. total yearly compensation is A$106.06K, comprised of 89.9% salary and 10.1% bonuses, including company stock and options. directly owns 2.01% of the company’s shares, worth $47.93K. The average tenure of the management team and the board of directors is 3.1 years and 0.3 years respectively.
Key information
Allan Ritchie
Chief executive officer
AU$106.1k
Total compensation
| CEO salary percentage | 89.9% |
| CEO tenure | 4.2yrs |
| CEO ownership | 2.0% |
| Management average tenure | 3.1yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$106k | AU$95k | -AU$5m |
| Mar 31 2024 | n/a | n/a | -AU$5m |
| Dec 31 2023 | n/a | n/a | -AU$6m |
| Sep 30 2023 | n/a | n/a | -AU$5m |
| Jun 30 2023 | AU$132k | AU$132k | -AU$5m |
| Mar 31 2023 | n/a | n/a | -AU$5m |
| Dec 31 2022 | n/a | n/a | -AU$4m |
| Sep 30 2022 | n/a | n/a | -AU$4m |
| Jun 30 2022 | AU$108k | AU$54k | -AU$5m |
| Mar 31 2022 | n/a | n/a | -AU$4m |
| Dec 31 2021 | n/a | n/a | -AU$4m |
| Sep 30 2021 | n/a | n/a | -AU$3m |
| Jun 30 2021 | AU$37k | AU$30k | -AU$2m |
| Mar 31 2021 | n/a | n/a | -AU$2m |
| Dec 31 2020 | n/a | n/a | -AU$1m |
| Sep 30 2020 | n/a | n/a | -AU$824k |
| Jun 30 2020 | AU$47k | n/a | -AU$535k |
| Mar 31 2020 | n/a | n/a | -AU$518k |
| Dec 31 2019 | n/a | n/a | -AU$500k |
| Sep 30 2019 | n/a | n/a | -AU$514k |
| Jun 30 2019 | AU$68k | n/a | -AU$527k |
| Dec 31 2018 | n/a | n/a | -AU$529k |
| Sep 30 2018 | n/a | n/a | -AU$537k |
| Jun 30 2018 | AU$50k | n/a | -AU$545k |
Compensation vs Market: Allan's total compensation ($USD68.93K) is below average for companies of similar size in the US market ($USD649.63K).
Compensation vs Earnings: Allan's compensation has been consistent with company performance over the past year.
CEO
Allan Ritchie (58 yo)
4.2yrs
Tenure
AU$106,062
Compensation
Mr. Allan Ritchie served as Interim Chairman of Adavale Resources Limited from September 30, 2024 until October 31, 2024 and serves as its Executive Chairman since October 31, 2024. He also serves as Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 4.2yrs | AU$106.06k | 2.01% $ 47.9k | |
| CFO & Company Secretary | 3.1yrs | AU$120.73k | 0.21% $ 5.1k | |
| Chief Geologist | 2.8yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: ADRL.F's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | less than a year | AU$106.06k | 2.01% $ 47.9k | |
| Non-Executive Director | 3.3yrs | AU$79.73k | 0.44% $ 10.6k | |
| Non-Executive Director | less than a year | no data | no data |
0.3yrs
Average Tenure
Experienced Board: ADRL.F's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.