Rex Minerals Management
Management criteria checks 3/4
Rex Minerals' CEO is Richard Laufmann, appointed in Apr 2015, has a tenure of 9.08 years. total yearly compensation is A$635.36K, comprised of 75.6% salary and 24.4% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth $1.18M. The average tenure of the management team and the board of directors is 8.5 years and 2.9 years respectively.
Key information
Richard Laufmann
Chief executive officer
AU$635.4k
Total compensation
| CEO salary percentage | 75.6% |
| CEO tenure | 9.1yrs |
| CEO ownership | 1.1% |
| Management average tenure | 8.5yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$19m |
| Sep 30 2023 | n/a | n/a | -AU$22m |
| Jun 30 2023 | AU$635k | AU$481k | -AU$25m |
| Mar 31 2023 | n/a | n/a | -AU$23m |
| Dec 31 2022 | n/a | n/a | -AU$21m |
| Sep 30 2022 | n/a | n/a | -AU$17m |
| Jun 30 2022 | AU$726k | AU$412k | -AU$13m |
| Mar 31 2022 | n/a | n/a | -AU$11m |
| Dec 31 2021 | n/a | n/a | -AU$8m |
| Sep 30 2021 | n/a | n/a | -AU$9m |
| Jun 30 2021 | AU$414k | AU$268k | -AU$9m |
| Mar 31 2021 | n/a | n/a | -AU$8m |
| Dec 31 2020 | n/a | n/a | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$6m |
| Jun 30 2020 | AU$301k | AU$255k | -AU$5m |
| Mar 31 2020 | n/a | n/a | -AU$5m |
| Dec 31 2019 | n/a | n/a | -AU$4m |
| Sep 30 2019 | n/a | n/a | -AU$5m |
| Jun 30 2019 | AU$307k | AU$269k | -AU$5m |
| Mar 31 2019 | n/a | n/a | -AU$5m |
| Dec 31 2018 | n/a | n/a | -AU$5m |
| Sep 30 2018 | n/a | n/a | -AU$5m |
| Jun 30 2018 | AU$309k | AU$269k | -AU$5m |
| Mar 31 2018 | n/a | n/a | -AU$5m |
| Dec 31 2017 | n/a | n/a | -AU$5m |
| Sep 30 2017 | n/a | n/a | -AU$3m |
| Jun 30 2017 | AU$329k | AU$269k | -AU$792k |
Compensation vs Market: Richard's total compensation ($USD412.60K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Laufmann (59 yo)
9.1yrs
Tenure
AU$635,364
Compensation
Mr. Richard Laufmann, B. Eng. (Mining), MAICD, MAusIMM, had been the Chief Executive Officer and Managing Director of Indophil Resources NL since June 13, 2007. He had been a Non-Executive Director of Indo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 9.1yrs | AU$635.36k | 1.1% A$ 1.2m | |
| CFO, Executive Director of Finance & Director | 8.5yrs | AU$431.24k | 1.05% A$ 1.1m | |
| Chief Operating Officer | 2yrs | AU$524.11k | 0.071% A$ 75.7k | |
| EGM of Investor Relations & Business Development | no data | AU$676.01k | no data | |
| Executive General Manager of Legal | 1.5yrs | AU$272.37k | no data | |
| Local Director – Hog Ranch | no data | AU$144.64k | 0.13% A$ 139.6k | |
| Chief Advisor of Operational & Technical | no data | no data | no data | |
| Geology Director | 8.9yrs | AU$87.60k | no data | |
| Chief Mining Engineer | no data | no data | no data | |
| Company Secretary | 8.5yrs | no data | no data |
8.5yrs
Average Tenure
55yo
Average Age
Experienced Management: RXRL.F's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 17yrs | AU$635.36k | 1.1% A$ 1.2m | |
| CFO, Executive Director of Finance & Director | 2.9yrs | AU$431.24k | 1.05% A$ 1.1m | |
| Independent Non-Executive Chairman | 5.3yrs | AU$110.50k | 0.26% A$ 276.9k | |
| Independent Non-Executive Director | 2.9yrs | AU$76.45k | 0.39% A$ 416.7k | |
| Independent Non-Executive Director | 2.4yrs | AU$79.78k | 0.071% A$ 75.6k |
2.9yrs
Average Tenure
59yo
Average Age
Experienced Board: RXRL.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.