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 percentage | 94.4% |
CEO tenure | less than a year |
CEO ownership | 0.04% |
Management average tenure | 1.7yrs |
Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Bank of Queensland's (ASX:BOQ) Shareholders Will Receive A Smaller Dividend Than Last Year
Oct 13Bank of Queensland Limited Just Missed Earnings - But Analysts Have Updated Their Models
Oct 12How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?
Apr 02If You Had Bought Bank of Queensland's (ASX:BOQ) Shares Three Years Ago You Would Be Down 29%
Feb 08How Does Bank of Queensland Limited (ASX:BOQ) Fare As A Dividend Stock?
Dec 17Is Bank of Queensland Limited (ASX:BOQ) A Strong Dividend Stock?
Sep 03Bank of Queensland's (ASX:BOQ) Shareholders Are Down 52% On Their Shares
Jul 02CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Aug 31 2023 | AU$1m | AU$1m | AU$119m |
May 31 2023 | n/a | n/a | AU$159m |
Feb 28 2023 | n/a | n/a | AU$215m |
Nov 30 2022 | n/a | n/a | AU$319m |
Aug 31 2022 | AU$500k | n/a | AU$406m |
May 31 2022 | n/a | n/a | AU$416m |
Feb 28 2022 | n/a | n/a | AU$426m |
Nov 30 2021 | n/a | n/a | AU$397m |
Aug 31 2021 | AU$456k | n/a | AU$368m |
May 31 2021 | n/a | n/a | AU$272m |
Feb 28 2021 | n/a | n/a | AU$176m |
Nov 30 2020 | n/a | n/a | AU$146m |
Aug 31 2020 | AU$394k | n/a | AU$115m |
May 31 2020 | n/a | n/a | AU$175m |
Feb 29 2020 | n/a | n/a | AU$235m |
Nov 30 2019 | n/a | n/a | AU$267m |
Aug 31 2019 | AU$61k | n/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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | less than a year | AU$1.31m | 0.037% A$ 1.5m | |
Chief Financial Officer | 1.7yrs | AU$1.43m | 0.0086% A$ 349.0k | |
Chief Transformation & Operations Officer | less than a year | AU$810.83k | 0.00095% A$ 38.7k | |
Chief Information Officer | 3.7yrs | AU$1.56m | 0.0042% A$ 170.0k | |
Company Secretary & General Counsel | 4.9yrs | no data | no data | |
Chief People Officer | no data | no data | no data | |
Head of BOQ Broker | 5.8yrs | no data | no data | |
Head of Media & Government Relations | no data | no data | no data | |
Treasurer | 15yrs | no data | no data | |
Additional Company Secretary | less than a year | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | 4.8yrs | AU$1.31m | 0.037% A$ 1.5m | |
Non-Executive Independent Chairman | 7.5yrs | AU$409.44k | 0.028% A$ 1.1m | |
Independent Non-Executive Director | 3yrs | AU$315.00k | 0.0046% A$ 186.3k | |
Independent Non-Executive Director | 2.4yrs | AU$272.00k | 0.00050% A$ 20.4k | |
Non-Executive Independent Director | 8.3yrs | AU$367.49k | 0.0052% A$ 210.8k | |
Non-Executive Independent Director | 10.1yrs | AU$340.75k | 0.032% A$ 1.3m | |
Non-Executive Independent Director | less than a year | no data | no data | |
Independent Non-Executive Director | 2.6yrs | AU$293.74k | 0.0032% A$ 130.5k |
3.9yrs
Average Tenure
62yo
Average Age
Experienced Board: BOQ's board of directors are considered experienced (3.9 years average tenure).