ARB Management

Management criteria checks 2/4

ARB's CEO is Lachlan A. McCann, appointed in Jul 2022, has a tenure of 1.75 years. total yearly compensation is A$906.05K, comprised of 89.2% salary and 10.8% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth A$647.94K. The average tenure of the management team and the board of directors is 1.8 years and 17.8 years respectively.

Key information

Lachlan A. McCann

Chief executive officer

AU$906.1k

Total compensation

CEO salary percentage	89.2%
CEO tenure	1.8yrs
CEO ownership	0.02%
Management average tenure	1.8yrs
Board average tenure	17.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lachlan A. McCann's remuneration changed compared to ARB's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$92m
Sep 30 2023	n/a	n/a	AU$90m
Jun 30 2023	AU$906k	AU$808k	AU$88m

Compensation vs Market: Lachlan A.'s total compensation ($USD592.04K) is below average for companies of similar size in the Australian market ($USD1.52M).

Compensation vs Earnings: Insufficient data to compare Lachlan A.'s compensation with company performance.

CEO

Lachlan A. McCann

1.8yrs

Tenure

AU$906,052

Compensation

Mr. Lachlan A. M. McCann had been Business Development Manager at ARB Corporation Limited since 2012 and serves as its Chief Executive Officer since July 05, 2022. He served as the Managing Director of Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lachlan A. McCann	Chief Executive Officer	1.8yrs	AU$906.05k	0.021% A$ 647.9k
Andrew Brown	MD & Executive Director	1.8yrs	AU$285.82k	0.022% A$ 679.2k
Damon Page	CFO & Company Secretary	9.4yrs	no data	no data
Doug Pettis	President of Air Locker	no data	no data	no data

1.8yrs

Average Tenure

Experienced Management: ARB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Brown	MD & Executive Director	37.3yrs	AU$285.82k	0.022% A$ 679.2k
Robert Fraser	Independent Chairman of the Board	20.2yrs	AU$187.53k	0.038% A$ 1.2m
Roger Brown	Non-Executive Director	37.3yrs	AU$101.52k	5.92% A$ 185.1m
Andrew Stott	Independent Non-Executive Director	17.8yrs	AU$77.73k	0.0061% A$ 189.9k
Adrian Fitzpatrick	Independent Non-Executive Director	7.8yrs	AU$77.73k	0.0043% A$ 133.0k
Karen Phin	Independent Non-Executive Director	4.8yrs	AU$108.80k	0.0057% A$ 178.6k
Shona Faber	Independent Non-Executive Director	1.7yrs	AU$67.48k	no data

17.8yrs

Average Tenure

65.5yo

Average Age

Experienced Board: ARB's board of directors are seasoned and experienced ( 17.8 years average tenure).

ARB Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

ARB Corporation Limited Announces Appointment of Shona Fitzgerald to the Board, Effective 24 August 2022

Insufficient new directors

ARB Corporation Limited, Annual General Meeting, Oct 28, 2022

Independent Non-Executive Director recently bought AU$59k worth of stock

ARB Corporation Limited Appoints Lachlan McCann as Chief Executive Officer

Recent updates

Upcoming dividend of AU$0.34 per share

First half dividend of AU$0.34 announced

First half 2024 earnings released: EPS: AU$0.62 (vs AU$0.58 in 1H 2023)

ARB Corporation Limited (ASX:ARB) acquired 30% stake in Orw Usa, Inc. for $5 million.

ARB Corporation Limited to Report First Half, 2024 Results on Feb 20, 2024

Upcoming dividend of AU$0.30 per share at 1.9% yield

ARB Corporation Limited Declares Fully Franked Final Dividend for the Financial Year Ended 30 June 2023, Payable on October 20, 2023

Full year 2023 earnings released: EPS: AU$1.08 (vs AU$1.49 in FY 2022)

ARB Corporation Limited to Report Fiscal Year 2023 Results on Aug 22, 2023

Upcoming dividend of AU$0.32 per share at 2.1% yield

First half 2023 earnings released: EPS: AU$0.58 (vs AU$0.84 in 1H 2022)

ARB Corporation Limited to Report First Half, 2023 Results on Feb 21, 2023

Insufficient new directors

Upcoming dividend of AU$0.32 per share

Full year 2022 earnings released: EPS: AU$1.49 (vs AU$1.40 in FY 2021)

ARB Corporation Limited Declares Fully Franked Final Dividend for the Financial Year Ended June 30, 2022, Payable on October 21, 2022

ARB Corporation Limited Announces Appointment of Shona Fitzgerald to the Board, Effective 24 August 2022

Insufficient new directors

ARB Corporation Limited, Annual General Meeting, Oct 28, 2022

Independent Non-Executive Director recently bought AU$59k worth of stock

ARB Corporation Limited Appoints Lachlan McCann as Chief Executive Officer

Insufficient new directors

Investor sentiment deteriorated over the past week

ARB Corporation Limited Announces Franked Dividend for the Six Months Ended December 31, 2021, Payable on April 22, 2022

Upcoming dividend of AU$0.39 per share

First half 2022 earnings: Revenues and EPS in line with analyst expectations

ARB Corporation Limited Announces Franked Dividend for the Six Months Ended December 31, 2021, Payable on April 22, 2022

ARB Corporation Limited Provides Earnings Guidance for the Half Year Ended 31 December 2021

Non-Executive Chairman recently sold AU$50m worth of stock

Upcoming dividend of AU$0.39 per share

Full year 2021 earnings released: EPS AU$1.40 (vs AU$0.72 in FY 2020)

Upcoming dividend of AU$0.29 per share

ARB Corporation Limited (ASX:ARB) acquired Auto Styling Truckman Group Limited from Ruth Margaret Wheeler, Michael Stephen Wheeler and others for £21.9 million.

Revenue misses expectations

First half 2021 earnings released: EPS AU$0.67 (vs AU$0.32 in 1H 2020)

New 90-day high: AU$39.17

New 90-day high: AU$35.27

New 90-day high: AU$33.51

ARB Corporation Limited Provides Update on Outlook for the Year of 2020

New 90-day high: AU$27.99

New 90-day high - AU$25.93

Earnings released

New 90-day high - AU$20.98

ARB Corporation Limited to Report Fiscal Year 2020 Results on Aug 18, 2020

New 90-day high - AU$19.23

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age