Ionic Rare Earths Management
Management criteria checks 1/4
Ionic Rare Earths' CEO is Tim Harrison, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is A$482.32K, comprised of 87.1% salary and 12.9% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth $97.52K. The average tenure of the management team and the board of directors is 0.8 years and 1.5 years respectively.
Key information
Tim Harrison
Chief executive officer
AU$482.3k
Total compensation
| CEO salary percentage | 87.1% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$482k | AU$420k | -AU$21m |
| Mar 31 2024 | n/a | n/a | -AU$20m |
| Dec 31 2023 | n/a | n/a | -AU$19m |
| Sep 30 2023 | n/a | n/a | -AU$14m |
| Jun 30 2023 | AU$402k | AU$390k | -AU$9m |
| Mar 31 2023 | n/a | n/a | -AU$7m |
| Dec 31 2022 | n/a | n/a | -AU$5m |
| Sep 30 2022 | n/a | n/a | -AU$5m |
| Jun 30 2022 | AU$718k | AU$360k | -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$591k | AU$363k | -AU$2m |
Compensation vs Market: Tim's total compensation ($USD313.56K) is below average for companies of similar size in the US market ($USD642.87K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Harrison
4.4yrs
Tenure
AU$482,321
Compensation
Mr. Timothy Joseph Harrison, also known as Tim, B. Eng (Chem) Fellow AusIMM serves as Independent Non-Executive Director of Aus Asia Minerals Limited also known as Viridis Mining and Minerals Limited since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | less than a year | AU$746.91k | 2.71% $ 599.8k | |
| MD, CEO & Executive Director | 4.4yrs | AU$482.32k | 0.44% $ 97.5k | |
| Acting CFO & Chief Development Officer | less than a year | no data | no data | |
| Chief Operating Officer | 1.4yrs | no data | no data | |
| Company Secretary | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: IXRR.F's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | less than a year | AU$746.91k | 2.71% $ 599.8k | |
| MD, CEO & Executive Director | 3.9yrs | AU$482.32k | 0.44% $ 97.5k | |
| Independent Non-Executive Director | 3.3yrs | AU$76.74k | no data | |
| Non-Executive Director | 1.5yrs | AU$71.24k | 2.88% $ 639.1k | |
| Non-Executive Director | 1.3yrs | AU$71.24k | no data |
1.5yrs
Average Tenure
Experienced Board: IXRR.F's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.