Shanta Gold Limited

OTCPK:SAAG.F Stock Report

Market Cap: US$226.4m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Shanta Gold Management

Management criteria checks 4/4

Shanta Gold's CEO is Eric Zurrin, appointed in Aug 2017, has a tenure of 6.75 years. total yearly compensation is $1.12M, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 1.31% of the company’s shares, worth $2.96M. The average tenure of the management team and the board of directors is 2.4 years and 4.9 years respectively.

Key information

Eric Zurrin

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage39.0%
CEO tenure6.8yrs
CEO ownership1.3%
Management average tenure2.4yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Zurrin's remuneration changed compared to Shanta Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

US$13m

Mar 31 2023n/an/a

US$6m

Dec 31 2022US$1mUS$435k

-US$2m

Sep 30 2022n/an/a

-US$7m

Jun 30 2022n/an/a

-US$12m

Mar 31 2022n/an/a

-US$9m

Dec 31 2021US$927kUS$440k

-US$6m

Sep 30 2021n/an/a

US$7m

Jun 30 2021n/an/a

US$19m

Mar 31 2021n/an/a

US$18m

Dec 31 2020US$1mUS$408k

US$17m

Sep 30 2020n/an/a

US$7m

Jun 30 2020n/an/a

-US$3m

Mar 31 2020n/an/a

-US$6m

Dec 31 2019US$1mUS$384k

-US$9m

Sep 30 2019n/an/a

-US$7m

Jun 30 2019n/an/a

-US$5m

Mar 31 2019n/an/a

US$2m

Dec 31 2018US$768kUS$290k

US$8m

Sep 30 2018n/an/a

US$11m

Jun 30 2018n/an/a

US$13m

Mar 31 2018n/an/a

US$9m

Dec 31 2017US$516kUS$119k

US$4m

Compensation vs Market: Eric's total compensation ($USD1.12M) is about average for companies of similar size in the US market ($USD1.58M).

Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.


CEO

Eric Zurrin (43 yo)

6.8yrs

Tenure

US$1,116,000

Compensation

Mr. Eric Zurrin is a Principal of Sandown Bay Resource Capital LLP. Mr. Zurrin has been the Chief Executive Officer of Shanta Gold Ltd. since August 3, 2017 and served as its Interim Chief Financial Office...


Leadership Team

NamePositionTenureCompensationOwnership
Eric Zurrin
CEO & Director6.8yrsUS$1.12m1.31%
$ 3.0m
Michal Devine
Chief Financial Officer1.2yrsno datano data
Honest Mrema
Chief Operating Officer1.3yrsno datano data
Calvin Mlingi
HUMAN RESOURCES DIRECTOR3.6yrsno datano data
Yuri Dobrotin
Group Exploration Managerno datano datano data

2.4yrs

Average Tenure

Experienced Management: SAAG.F's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Zurrin
CEO & Director6.8yrsUS$1.12m1.31%
$ 3.0m
Keith Marshall
Non-Executive Director6.9yrsUS$85.00k0.092%
$ 209.4k
Ketankumar Patel
Independent Non-Executive Directorno dataUS$95.00k0.024%
$ 55.2k
Anthony Wynn Durrant
Independent Non-Executive Chairman11yrsUS$150.00k0.40%
$ 898.3k
Mathieu Francois Bos
Independent Non-Executive Directorless than a yearno datano data
Michelle Jenkins
Independent Non-Executive Director3yrsUS$85.00kno data
Elodie Goodey
Independent Non-Executive Directorless than a yearno datano data

4.9yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SAAG.F's board of directors are considered experienced (4.9 years average tenure).