Verde Resources Management
Management criteria checks 2/4
Verde Resources' CEO is Jack Wong, appointed in Oct 2022, has a tenure of 1.58 years. total yearly compensation is $367.15K, comprised of 71.9% salary and 28.1% bonuses, including company stock and options. directly owns 11.39% of the company’s shares, worth $42.14M. The average tenure of the management team and the board of directors is 1.4 years and 4.7 years respectively.
Key information
Jack Wong
Chief executive officer
US$367.2k
Total compensation
| CEO salary percentage | 71.9% |
| CEO tenure | 1.6yrs |
| CEO ownership | 11.4% |
| Management average tenure | 1.4yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$2m |
| Sep 30 2023 | n/a | n/a | -US$3m |
| Jun 30 2023 | US$367k | US$264k | -US$4m |
Compensation vs Market: Jack's total compensation ($USD367.15K) is below average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Insufficient data to compare Jack's compensation with company performance.
CEO
Jack Wong (39 yo)
1.6yrs
Tenure
US$367,150
Compensation
Mr. Jack Wong is President and Chief Executive Officer of Verde Resources, Inc. since October 01, 2022 and serves as its Director since March 30, 2023. He served as Chairman at Verde Resources, Inc since O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.6yrs | US$367.15k | 11.39% $ 42.1m | |
| Treasurer | 10.6yrs | US$41.84k | 0.64% $ 2.4m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Special Advisor | less than a year | no data | no data | |
| Secretary | 10.6yrs | no data | no data | |
| Financial Controller | 1.4yrs | no data | no data |
1.4yrs
Average Tenure
51yo
Average Age
Experienced Management: VRDR's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.2yrs | US$367.15k | 11.39% $ 42.1m | |
| Treasurer | 10.6yrs | US$41.84k | 0.64% $ 2.4m | |
| Independent Director | 8.3yrs | no data | 1.03% $ 3.8m | |
| Chairman | less than a year | no data | no data |
4.7yrs
Average Tenure
61yo
Average Age
Experienced Board: VRDR's board of directors are considered experienced (4.7 years average tenure).