Bank of Queensland Limited

ASX:BOQ Stock Report

Market Cap: AU$4.1b

Bank of Queensland Management

Management criteria checks 2/4

Bank of Queensland's CEO is Patrick Allaway, appointed in Mar 2023, has a tenure of 4.83 years. total yearly compensation is A$1.31M, comprised of 94.4% salary and 5.6% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth A$1.51M. The average tenure of the management team and the board of directors is 1.7 years and 3.9 years respectively.

Key information

Patrick Allaway

Chief executive officer

AU$1.3m

Total compensation

CEO salary percentage94.4%
CEO tenureless than a year
CEO ownership0.04%
Management average tenure1.7yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Bank of Queensland's (ASX:BOQ) Shareholders Will Receive A Smaller Dividend Than Last Year

Oct 13
Bank of Queensland's (ASX:BOQ) Shareholders Will Receive A Smaller Dividend Than Last Year

Bank of Queensland Limited Just Missed Earnings - But Analysts Have Updated Their Models

Oct 12
Bank of Queensland Limited Just Missed Earnings - But Analysts Have Updated Their Models

How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?

Apr 02
How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?

If You Had Bought Bank of Queensland's (ASX:BOQ) Shares Three Years Ago You Would Be Down 29%

Feb 08
If You Had Bought Bank of Queensland's (ASX:BOQ) Shares Three Years Ago You Would Be Down 29%

How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?

Dec 17
How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?

Is Bank of Queensland Limited (ASX:BOQ) A Strong Dividend Stock?

Sep 03
Is Bank of Queensland Limited (ASX:BOQ) A Strong Dividend Stock?

Bank of Queensland's (ASX:BOQ) Shareholders Are Down 52% On Their Shares

Jul 02
Bank of Queensland's (ASX:BOQ) Shareholders Are Down 52% On Their Shares

CEO Compensation Analysis

How has Patrick Allaway's remuneration changed compared to Bank of Queensland's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 31 2023AU$1mAU$1m

AU$119m

May 31 2023n/an/a

AU$159m

Feb 28 2023n/an/a

AU$215m

Nov 30 2022n/an/a

AU$319m

Aug 31 2022AU$500kn/a

AU$406m

May 31 2022n/an/a

AU$416m

Feb 28 2022n/an/a

AU$426m

Nov 30 2021n/an/a

AU$397m

Aug 31 2021AU$456kn/a

AU$368m

May 31 2021n/an/a

AU$272m

Feb 28 2021n/an/a

AU$176m

Nov 30 2020n/an/a

AU$146m

Aug 31 2020AU$394kn/a

AU$115m

May 31 2020n/an/a

AU$175m

Feb 29 2020n/an/a

AU$235m

Nov 30 2019n/an/a

AU$267m

Aug 31 2019AU$61kn/a

AU$298m

Compensation vs Market: Patrick's total compensation ($USD856.10K) is below average for companies of similar size in the Australian market ($USD2.19M).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Patrick Allaway (62 yo)

less than a year

Tenure

AU$1,314,540

Compensation

Mr. Patrick Newton-James Allaway, B. A., L. L.B., serves as Managing Director & Chief Executive Officer at Bank of Queensland Limited since March 27, 2023 and serves as its Director since May 01, 2019. He...


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Allaway
MD, CEO & Directorless than a yearAU$1.31m0.037%
A$ 1.5m
Racheal Kellaway
Chief Financial Officer1.7yrsAU$1.43m0.0086%
A$ 349.0k
Rod Finch
Chief Transformation & Operations Officerless than a yearAU$810.83k0.00095%
A$ 38.7k
Craig Ryman
Chief Information Officer3.7yrsAU$1.56m0.0042%
A$ 170.0k
Fiona Daly
Company Secretary & General Counsel4.9yrsno datano data
Alexandra Taylor
Chief People Officerno datano datano data
Natasha Kelso
Head of BOQ Broker5.8yrsno datano data
David Bold
Head of Media & Government Relationsno datano datano data
Tim Ledingham
Treasurer15yrsno datano data
Ricky-Anne Lane-Mullins
Additional Company Secretaryless than a yearno datano data

1.7yrs

Average Tenure

Experienced Management: BOQ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Patrick Allaway
MD, CEO & Director4.8yrsAU$1.31m0.037%
A$ 1.5m
Warwick Negus
Non-Executive Independent Chairman7.5yrsAU$409.44k0.028%
A$ 1.1m
Miyuki Rosen
Independent Non-Executive Director3yrsAU$315.00k0.0046%
A$ 186.3k
Jennifer Fagg
Independent Non-Executive Director2.4yrsAU$272.00k0.00050%
A$ 20.4k
Karen Lee Penrose
Non-Executive Independent Director8.3yrsAU$367.49k0.0052%
A$ 210.8k
Bruce Carter
Non-Executive Independent Director10.1yrsAU$340.75k0.032%
A$ 1.3m
Andrew Fraser
Non-Executive Independent Directorless than a yearno datano data
Deborah Kiers
Independent Non-Executive Director2.6yrsAU$293.74k0.0032%
A$ 130.5k

3.9yrs

Average Tenure

62yo

Average Age

Experienced Board: BOQ's board of directors are considered experienced (3.9 years average tenure).


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