AIC Mines Management
Management criteria checks 2/4
AIC Mines' CEO is Aaron Colleran, appointed in Feb 2019, has a tenure of 5.17 years. total yearly compensation is A$1.24M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 2.38% of the company’s shares, worth $3.47M. The average tenure of the management team and the board of directors is 1.9 years and 5 years respectively.
Key information
Aaron Colleran
Chief executive officer
AU$1.2m
Total compensation
| CEO salary percentage | 28.7% |
| CEO tenure | 5.2yrs |
| CEO ownership | 2.4% |
| Management average tenure | 1.9yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$2m |
| Sep 30 2023 | n/a | n/a | -AU$2m |
| Jun 30 2023 | AU$1m | AU$355k | -AU$6m |
| Jun 30 2022 | AU$804k | AU$238k | AU$42m |
| Dec 31 2021 | AU$691k | AU$277k | AU$2m |
| Sep 30 2021 | n/a | n/a | -AU$1m |
| Jun 30 2021 | n/a | n/a | -AU$4m |
| Mar 31 2021 | n/a | n/a | -AU$6m |
| Dec 31 2020 | AU$358k | AU$249k | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$9m |
| Jun 30 2020 | n/a | n/a | -AU$12m |
| Mar 31 2020 | n/a | n/a | -AU$10m |
| Dec 31 2019 | AU$814k | AU$161k | -AU$8m |
Compensation vs Market: Aaron's total compensation ($USD813.46K) is about average for companies of similar size in the US market ($USD670.12K).
Compensation vs Earnings: Aaron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Aaron Colleran (52 yo)
5.2yrs
Tenure
AU$1,236,952
Compensation
Mr. Aaron Mark Colleran, B.Eng (Geology), B.Com. (Finance), MAICD serves as Non-Executive Director at Demetallica Limited since November 28, 2022. He serves as Managing Director and Chief Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 5.2yrs | AU$1.24m | 2.38% A$ 3.5m | |
| Chief Financial Officer | 2.3yrs | AU$525.49k | no data | |
| Chief Development Officer | no data | AU$522.99k | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| General Counsel & Company Secretary | 1.5yrs | no data | no data |
1.9yrs
Average Tenure
Experienced Management: IAUF.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 5yrs | AU$1.24m | 2.38% A$ 3.5m | |
| Non-Executive Director | 2.4yrs | AU$52.80k | 0.18% A$ 258.5k | |
| Non-Executive Chairman | 5yrs | AU$74.20k | no data | |
| Independent Non-Executive Director | 5yrs | AU$66.48k | 0.0054% A$ 7.9k | |
| Non-Executive Director | 1.2yrs | AU$137.13k | no data |
5.0yrs
Average Tenure
52yo
Average Age
Experienced Board: IAUF.F's board of directors are considered experienced (5 years average tenure).