Verde Resources Management
Management criteria checks 3/4
Verde Resources' CEO is Jack Wong, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is $302.01K, comprised of 95.2% salary and 4.8% bonuses, including company stock and options. directly owns 10.97% of the company’s shares, worth $20.42M. The average tenure of the management team and the board of directors is 1.9 years and 8.8 years respectively.
Key information
Jack Wong
Chief executive officer
US$302.0k
Total compensation
| CEO salary percentage | 95.2% |
| CEO tenure | 2.1yrs |
| CEO ownership | 11.0% |
| Management average tenure | 1.9yrs |
| Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$2m |
| Jun 30 2024 | US$302k | US$288k | -US$3m |
| Mar 31 2024 | n/a | n/a | -US$2m |
| 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$4m |
Compensation vs Market: Jack's total compensation ($USD302.01K) is below average for companies of similar size in the US market ($USD1.46M).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
CEO
Jack Wong (41 yo)
2.1yrs
Tenure
US$302,006
Compensation
Mr. Jack Wong is Chief Executive Officer of Verde Resources, Inc. since October 01, 2022 and serves as its Director since March 30, 2023 and was President until September 12, 2023. He served as Chairman at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Treasurer | 11.1yrs | no data | 0.61% $ 1.1m | |
| CEO & Director | 2.1yrs | US$302.01k | 10.97% $ 20.4m | |
| Chief Operating Officer | 1.1yrs | no data | 0.054% $ 100.5k | |
| Special Advisor | less than a year | no data | no data | |
| Chief Growth Officer | less than a year | no data | 0.31% $ 576.8k | |
| Secretary | 11.1yrs | no data | no data | |
| Financial Controller | 1.9yrs | no data | no data |
1.9yrs
Average Tenure
51yo
Average Age
Experienced Management: VRDR's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Treasurer | 11.1yrs | no data | 0.61% $ 1.1m | |
| CEO & Director | 1.7yrs | US$302.01k | 10.97% $ 20.4m | |
| Independent Director | 8.8yrs | no data | 0.99% $ 1.9m |
8.8yrs
Average Tenure
62yo
Average Age
Experienced Board: VRDR's board of directors are considered experienced (8.8 years average tenure).