NextEd Group Management
Management criteria checks 2/4
NextEd Group's CEO is Glenn Elith, appointed in Nov 2021, has a tenure of 2.58 years. total yearly compensation is A$724.82K, comprised of 64.2% salary and 35.8% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth A$325.29K. The average tenure of the management team and the board of directors is 2.6 years and 2.6 years respectively.
Key information
Glenn Elith
Chief executive officer
AU$724.8k
Total compensation
| CEO salary percentage | 64.2% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.6yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Are Investors Undervaluing NextEd Group Limited (ASX:NXD) By 28%?
Feb 10
Calculating The Intrinsic Value Of NextEd Group Limited (ASX:NXD)
Nov 01Lacklustre Performance Is Driving NextEd Group Limited's (ASX:NXD) 26% Price Drop
Jul 21Need To Know: iCollege Limited (ASX:ICT) Insiders Have Been Selling Shares
Feb 08
If You Had Bought iCollege (ASX:ICT) Shares A Year Ago You'd Have Earned 192% Returns
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$3m |
| Sep 30 2023 | n/a | n/a | AU$3m |
| Jun 30 2023 | AU$725k | AU$465k | AU$4m |
| Mar 31 2023 | n/a | n/a | -AU$161k |
| Dec 31 2022 | n/a | n/a | -AU$4m |
| Sep 30 2022 | n/a | n/a | -AU$6m |
| Jun 30 2022 | AU$634k | AU$334k | -AU$9m |
Compensation vs Market: Glenn's total compensation ($USD482.21K) is above average for companies of similar size in the Australian market ($USD297.74K).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
CEO
Glenn Elith
2.6yrs
Tenure
AU$724,816
Compensation
Mr. Glenn Patrick Elith, B Bus (UTS), CA served as Chief Executive Officer, Managing Director and Executive Director of Redhill Education Limited since May 11, 2012 and served as its Chief Financial Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.6yrs | AU$724.82k | 0.76% A$ 325.3k | |
| Chief Financial Officer | 2.6yrs | AU$513.19k | 0.22% A$ 96.1k | |
| General Manager of Technology & Design | no data | no data | no data | |
| Head of People & Culture | 2.5yrs | no data | no data | |
| GM of Business Development & National Head of Operations | 1.8yrs | no data | no data | |
| Company Secretary | 2.6yrs | no data | no data |
2.6yrs
Average Tenure
Experienced Management: NXD's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman | 1.9yrs | AU$152.23k | 0.078% A$ 33.1k | |
| Independent Non-Executive Director | 2.7yrs | AU$106.33k | 0.072% A$ 30.6k | |
| Independent Non-Executive Director | 2.6yrs | AU$103.96k | 0.046% A$ 19.6k | |
| Independent Non-Executive Director | 6.7yrs | AU$86.05k | 0.12% A$ 49.2k |
2.6yrs
Average Tenure
Experienced Board: NXD's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.