Vault Minerals Management
Management criteria checks 1/4
Vault Minerals' CEO is Luke Tonkin, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is A$35.40K, comprised of 90.1% salary and 9.9% bonuses, including company stock and options. directly owns 0.092% of the company’s shares, worth $1.62M. The average tenure of the management team and the board of directors is 0.3 years and 0.8 years respectively.
Key information
Luke Tonkin
Chief executive officer
AU$35.4k
Total compensation
| CEO salary percentage | 90.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.09% |
| Management average tenure | less than a year |
| 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$35k | AU$32k | -AU$5m |
Compensation vs Market: Luke's total compensation ($USD23.38K) is below average for companies of similar size in the US market ($USD5.63M).
Compensation vs Earnings: Insufficient data to compare Luke's compensation with company performance.
CEO
Luke Tonkin (60 yo)
less than a year
Tenure
AU$35,400
Compensation
Mr. Luke Tonkin, BEng, MAusIMM, AICD, Min Eng, is Managing Director, Chief Executive Officer & Director of Vault Minerals Limited (formerly known as Red 5 Limited) from June 19, 2024. Mr. Tonkin has been D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | less than a year | AU$35.40k | 0.092% $ 1.6m | |
| Chief Financial Officer | less than a year | AU$16.27k | 0.028% $ 489.3k | |
| Chief Operating Officer | 1.9yrs | AU$1.58m | 0.054% $ 940.0k | |
| General Counsel & Company Secretary | less than a year | AU$15.37k | 0.073% $ 1.3m | |
| Corporate Development Officer | less than a year | AU$15.07k | 0.054% $ 954.0k | |
| Exploration & Geology Manager | less than a year | no data | no data |
0.3yrs
Average Tenure
Experienced Management: REDL.F's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | less than a year | AU$35.40k | 0.092% $ 1.6m | |
| Independent Non-Executive Director | 1.3yrs | AU$122.10k | 0.079% $ 1.4m | |
| Independent Non-Executive Director | 10.5yrs | AU$127.65k | 0.030% $ 527.3k | |
| Independent Non-Executive Director | less than a year | AU$10.11k | 0.00037% $ 6.5k | |
| Independent Non-Executive Director | less than a year | AU$5.83k | no data | |
| Independent Non-Executive Chair | 1.3yrs | AU$190.09k | no data | |
| Independent Non-Executive Director | 3.9yrs | AU$149.85k | 0.0073% $ 128.8k | |
| Independent Non-Executive Director | less than a year | AU$5.83k | no data |
0.8yrs
Average Tenure
66yo
Average Age
Experienced Board: REDL.F's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.