Adavale Resources Management
Management criteria checks 1/4
Adavale Resources' CEO is Allan Ritchie, appointed in Sep 2020, has a tenure of 2.42 years. total yearly compensation is A$108.25K, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 1.91% of the company’s shares, worth $136.66K. The average tenure of the management team and the board of directors is 1.2 years and 1.6 years respectively.
Key information
Allan Ritchie
Chief executive officer
AU$108.3k
Total compensation
CEO salary percentage | 49.9% |
CEO tenure | 2.4yrs |
CEO ownership | 1.9% |
Management average tenure | 1.2yrs |
Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 |
Dec 31 2017 | n/a | n/a | -AU$567k |
Sep 30 2017 | n/a | n/a | -AU$499k |
Jun 30 2017 | AU$8k | n/a | -AU$432k |
Compensation vs Market: Allan's total compensation ($USD74.53K) is below average for companies of similar size in the US market ($USD740.57K).
Compensation vs Earnings: Allan's compensation has increased whilst the company is unprofitable.
CEO
Allan Ritchie (56 yo)
2.4yrs
Tenure
AU$108,250
Compensation
Mr. Allan Ritchie serves as Chief Executive Officer at Adavale Resources Limited since September 8, 2020. He was a Non-Executive Director at Adavale Resources Limited since April 28, 2017 until December 11...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 2.4yrs | AU$108.25k | 1.91% A$ 136.7k | |
CFO & Company Secretary | 1.3yrs | AU$87.11k | 0.22% A$ 16.1k | |
Executive Director | 1.1yrs | AU$235.02k | 0.99% A$ 70.9k | |
Chief Geologist | 1.1yrs | no data | no data |
1.2yrs
Average Tenure
Experienced Management: ADRL.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Director | 1.6yrs | AU$235.02k | 0.99% A$ 70.9k | |
Non-Executive Director | 1.6yrs | AU$86.92k | 0.89% A$ 63.8k | |
Independent Non-Executive Chairman | 2.5yrs | AU$99.50k | 0.88% A$ 63.3k |
1.6yrs
Average Tenure
Experienced Board: ADRL.F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.