Challenger Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nick Hamilton

Chief executive officer

AU$3.2m

Total compensation

CEO salary percentage	33.2%
CEO tenure	1.9yrs
CEO ownership	n/a
Management average tenure	1.9yrs
Board average tenure	4.2yrs

Recent management updates

Recent updates

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 19

Challenger (ASX:CGF) Has Announced That It Will Be Increasing Its Dividend To A$0.115

Aug 19

Challenger Limited Just Missed Earnings - But Analysts Have Updated Their Models

Aug 18

Are Dividend Investors Getting More Than They Bargained For With Challenger Limited's (ASX:CGF) Dividend?

Mar 28

Insider Buying: The Challenger Limited (ASX:CGF) Independent Non-Executive Director Just Bought AU$67k Worth Of Shares

Mar 02

Challenger Limited (ASX:CGF) Insiders Increased Their Holdings

Feb 14

How Much Did Challenger's(ASX:CGF) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 19

What Type Of Shareholders Make Up Challenger Limited's (ASX:CGF) Share Registry?

Dec 15

CEO Compensation Analysis

How has Nick Hamilton's remuneration changed compared to Challenger's earnings?
Date	Total Comp.	Salary	Company Earnings
Jun 30 2023	AU$3m	AU$1m	AU$296m
Mar 31 2023	n/a	n/a	AU$201m
Dec 31 2022	n/a	n/a	AU$96m
Sep 30 2022	n/a	n/a	AU$175m
Jun 30 2022	AU$2m	AU$841k	AU$264m
Mar 31 2022	n/a	n/a	AU$460m
Dec 31 2021	n/a	n/a	AU$656m
Sep 30 2021	n/a	n/a	AU$624m
Jun 30 2021	AU$2m	AU$581k	AU$592m
Mar 31 2021	n/a	n/a	AU$89m
Dec 31 2020	n/a	n/a	-AU$414m
Sep 30 2020	n/a	n/a	-AU$415m
Jun 30 2020	AU$940k	AU$450k	-AU$416m

Compensation vs Market: Nick's total compensation ($USD2.09M) is about average for companies of similar size in the Australian market ($USD2.24M).

Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.

CEO

Nick Hamilton

1.9yrs

Tenure

AU$3,165,586

Compensation

Mr. Nicolas Hamilton, also known as Nick, serves as Director of Challenger Life Company Limited since January 1, 2022. He serves as MD, Director and CEO at Challenger Ltd. since January 1, 2022.He served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicolas Hamilton	MD, CEO & Director	1.9yrs	AU$3.17m	no data
Alexandra Bell	Chief Financial Officer	less than a year	AU$1.38m	0.0043% A$ 176.4k
Christopher Plater	Chief Executive Officer of Challenger & Apollo Joint Venture	2.3yrs	AU$1.03m	no data
Victor Rodriguez	Chief Executive of Funds Management	6.7yrs	AU$1.17m	0.010% A$ 413.3k
Anton Kapel	Chief Executive of Life & Solutions	2.8yrs	AU$1.38m	0.0012% A$ 51.0k
Kate Ingwersen	Chief Executive of Technology	1.3yrs	no data	no data
Mark Chen	General Manager of Investor Relations	no data	no data	no data
Jane Keeley	Head of External Communications	no data	no data	no data
Louise Roche	Chief Human Resources Officer	1.9yrs	no data	no data
Trent Alston	Head of Property	no data	no data	no data
Jeremy Cooper	Chairman of Retirement Income	13.1yrs	no data	no data
Stuart Kingham	Chief Commercial Officer	1.8yrs	no data	no data

1.9yrs

Average Tenure

Experienced Management: CGF's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicolas Hamilton	MD, CEO & Director	1.9yrs	AU$3.17m	no data
John Green	Independent Non-Executive Director	6yrs	AU$299.50k	0% A$ 0
Duncan West	Independent Non-Executive Chairman	5.3yrs	AU$383.17k	0.0086% A$ 359.0k
Melanie Victoria Willis	Independent Non-Executive Director	6yrs	AU$289.50k	0% A$ 0
Matthew Michelini	Non-Executive Director	less than a year	no data	no data
Lisa Gray	Independent Non-Executive Director	less than a year	no data	no data
JoAnne Stephenson	Independent Non-Executive Director	11.2yrs	AU$313.00k	0% A$ 0
Hiroyuki Iioka	Alternate Non-Executive Director	4yrs	no data	no data
Masahiko Kobayashi	Non-Independent Non-Executive Director	4.3yrs	no data	no data
Heather Smith	Independent Non-Executive Director	2.9yrs	AU$267.22k	0% A$ 0

4.2yrs

Average Tenure

58yo

Average Age

Experienced Board: CGF's board of directors are considered experienced (4.2 years average tenure).

Challenger Management

Management criteria checks 2/4

Key information

Recent management updates

Challenger Limited Appoints Matthew Michelini as Director

Challenger Limited and Challenger Life Company Limited Announce the Appointment of Lisa Gray as Independent Non-Executive Director, Effective 9 November 2023

Challenger Limited Announces Board Changes

Independent Non-Executive Director recently bought AU$62k worth of stock

Independent Non-Executive Chairman recently bought AU$101k worth of stock

Challenger Limited Announces CFO Transition

Recent updates

Challenger Limited Announces Quarterly Dividend of One Quarter Ended February 25, 2024, Payable on February 26, 2024

Challenger Limited Appoints Matthew Michelini as Director

Challenger Limited and Challenger Life Company Limited Announce the Appointment of Lisa Gray as Independent Non-Executive Director, Effective 9 November 2023

Challenger Limited Announces Board Changes

Challenger Limited Declares Ordinary Dividend for the Six Months Period Ended 30 June 2023, Payable on 20 September 2023

Upcoming dividend of AU$0.12 per share at 3.6% yield

Challenger's (ASX:CGF) Shareholders Will Receive A Bigger Dividend Than Last Year

New major risk - Financial position

Challenger Limited to Report Fiscal Year 2024 Results on Aug 13, 2024

Full year 2023 earnings released: EPS: AU$0.42 (vs AU$0.38 in FY 2022)

Elanor Investors Limited and Elanor Investment Fund completed the acquisition of Challenger Real Estate from Challenger Limited.

Independent Non-Executive Director recently bought AU$62k worth of stock

Independent Non-Executive Chairman recently bought AU$101k worth of stock

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Challenger Limited Declares Ordinary Dividend for the Six Months Period Ended 31 December 2022, Payable on 21 March 2023

First half 2023 earnings: EPS misses analyst expectations

Now 20% undervalued

Challenger Limited Announces CFO Transition

Heartland Group Holdings Limited (NZSE:HGH) signed a conditional share purchase agreement for the purchase of Challenger Bank Limited from Challenger Limited (ASX:CGF) for AUD 36 million.

Challenger Limited Appoints Mandy Mannix as Chief Executive, Customer, Effective 2 November 2022

Now 21% undervalued after recent price drop

Challenger Limited and Apollo Announces Management Changes

Challenger Limited Announces Ordinary Fully Franked Dividend on CAP NOTE 3-BBSW+4.60% PERP NON-CUM RED T-05-26 Securities for the Quarter Ending November 24, 2022, Payable on November 25, 2022

Upcoming dividend of AU$0.12 per share

Challenger (ASX:CGF) Has Announced That It Will Be Increasing Its Dividend To A$0.115

Full year 2022 earnings: EPS misses analyst expectations

Challenger Limited Just Missed Earnings - But Analysts Have Updated Their Models

Challenger Limited Declares Fully Franked Final FY22 Dividend, Payable on 21 September 2022

Challenger Limited to Report Fiscal Year 2023 Results on Aug 15, 2023

Now 21% undervalued after recent price drop

Challenger Limited Appoints Victor Rodriguez to the Role of Chief Executive, Funds Management, Effective 1 August 2022

Consensus forecasts updated

Now 21% undervalued

Now 21% undervalued after recent price drop

Challenger Limited Announces Quarterly Dividend of CAP NOTE 3-BBSW+4.60% PERP NON-CUM RED T-05-26, Payment Date 25/8/2022

Challenger Limited Announces Dividend for Security Cgfpb - Cap Note 3-Bbsw+4.40% Perp Non-Cum Red T-05-23 for the Quarter Ended August 21, 2022, Payable on August 22, 2022

Challenger Announces New Leadership Structure

Challenger Limited Declares Ordinary Dividend on CGFPA - CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-22 For the Quarter Ending May 24, 2022, Payable on May 25, 2022

Challenger Limited Announces Ordinary Dividend on CGFPB - CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 for the Quarter Ending May 22, 2022, Payable on May 5, 2022

CountPlus Limited (ASX:CUP) acquired Accurium Holdings Pty Ltd from Challenger Limited (ASX:CGF) for $7.737 million.

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Challenger Limited Announces an Interim Dividend for the First Half Ended December 31, 2021, Payable on 22 March 2022

Patrizia AG (XTRA:PAT) completed the acquisition of a 30% stake in Whitehelm Capital from Challenger Limited (ASX:CGF) on February 2, 2022.

VGI Reportedly Ponders Merger Deals

MD, CEO & Director recently sold AU$3.4m worth of stock

Patrizia AG (XTRA:PAT) acquired 30% stake in Whitehelm Capital from Challenger Limited (ASX:CGF) for €32 million.

Upcoming dividend of AU$0.10 per share

Full year 2021 earnings released: EPS AU$0.88 (vs AU$0.68 loss in FY 2020)

Price target decreased to AU$6.21

Challenger Limited Declares Dividend on CGFPA - CNV PREF 3-BBSW+3.40% PERP SUB NON-CUM RED T-05-22 for the Quarter Ending August 24, 2021, Payable on August 25, 2021

Challenger Limited Announces Dividend on CGFPB - CAP NOTE 3-BBSW+4.40% PERP NON-CUM RED T-05-23 for the Quarter Ending August 22, 2021, Payable on August 23, 2021

Challenger Announces Payment of Distribution Distribution, Payable on May 25, 2021

Price target decreased to AU$6.23

Challenger Reaffirms Earning Guidance for the Year 2021

Are Dividend Investors Getting More Than They Bargained For With Challenger Limited's (ASX:CGF) Dividend?

Challenger Limited Announces Executive Changes, Effective on March 15, 2020

Insider Buying: The Challenger Limited (ASX:CGF) Independent Non-Executive Director Just Bought AU$67k Worth Of Shares

Independent Non-Executive Director recently bought AU$67k worth of stock

Challenger Announces Chief Financial Officer Changes

Upcoming Dividend of AU$0.095 Per Share

Challenger Limited (ASX:CGF) Insiders Increased Their Holdings

First half 2021 earnings released: EPS AU$0.33 (vs AU$0.36 in 1H 2020)

New 90-day high: AU$7.29

Price target raised to AU$6.23

Michael Vardanega Steps Down as Company Secretary of Challenger Limited

Challenger Limited Announces the Appointment of Heather Smith as an Independent Non-Executive Director of Both Challenger Limited and Challenger Life Company Limited

How Much Did Challenger's(ASX:CGF) Shareholders Earn From Share Price Movements Over The Last Three Years?