Commonwealth Bank of Australia Management
Management criteria checks 4/4
Commonwealth Bank of Australia's CEO is Matt Comyn, appointed in Apr 2018, has a tenure of 6.58 years. total yearly compensation is A$7.17M, comprised of 34.5% salary and 65.5% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth A$12.78M. The average tenure of the management team and the board of directors is 4.7 years and 4.2 years respectively.
Key information
Matt Comyn
Chief executive officer
AU$7.2m
Total compensation
| CEO salary percentage | 34.5% |
| CEO tenure | 6.6yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.7yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Commonwealth Bank of Australia (ASX:CBA) Will Pay A Larger Dividend Than Last Year At A$2.50
Aug 16
Analyst Estimates: Here's What Brokers Think Of Commonwealth Bank of Australia (ASX:CBA) After Its Full-Year Report
Aug 15Is Now The Time To Put Commonwealth Bank of Australia (ASX:CBA) On Your Watchlist?
Nov 25The Commonwealth Bank of Australia (ASX:CBA) Annual Results Are Out And Analysts Have Published New Forecasts
Aug 11With EPS Growth And More, Commonwealth Bank of Australia (ASX:CBA) Makes An Interesting Case
Aug 10Here's Why We Think Commonwealth Bank of Australia (ASX:CBA) Is Well Worth Watching
Nov 04Should You Be Adding Commonwealth Bank of Australia (ASX:CBA) To Your Watchlist Today?
Jul 22Should You Be Adding Commonwealth Bank of Australia (ASX:CBA) To Your Watchlist Today?
Apr 05Commonwealth Bank of Australia (ASX:CBA) Is Increasing Its Dividend To AU$1.75
Feb 11Commonwealth Bank of Australia's (ASX:CBA) CEO Compensation Is Looking A Bit Stretched At The Moment
Oct 06Commonwealth Bank of Australia's (ASX:CBA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$7m | AU$2m | AU$9b |
| Mar 31 2024 | n/a | n/a | AU$10b |
| Dec 31 2023 | n/a | n/a | AU$10b |
| Sep 30 2023 | n/a | n/a | AU$10b |
| Jun 30 2023 | AU$7m | AU$2m | AU$10b |
| Mar 31 2023 | n/a | n/a | AU$10b |
| Dec 31 2022 | n/a | n/a | AU$10b |
| Sep 30 2022 | n/a | n/a | AU$10b |
| Jun 30 2022 | AU$7m | AU$2m | AU$10b |
| Mar 31 2022 | n/a | n/a | AU$10b |
| Dec 31 2021 | n/a | n/a | AU$10b |
| Sep 30 2021 | n/a | n/a | AU$9b |
| Jun 30 2021 | AU$6m | AU$2m | AU$9b |
| Mar 31 2021 | n/a | n/a | AU$8b |
| Dec 31 2020 | n/a | n/a | AU$7b |
| Sep 30 2020 | n/a | n/a | AU$7b |
| Jun 30 2020 | AU$6m | AU$2m | AU$7b |
| Dec 31 2019 | n/a | n/a | AU$8b |
| Sep 30 2019 | n/a | n/a | AU$8b |
| Jun 30 2019 | AU$4m | AU$2m | AU$8b |
| Mar 31 2019 | n/a | n/a | AU$9b |
| Dec 31 2018 | n/a | n/a | AU$9b |
| Sep 30 2018 | n/a | n/a | AU$9b |
| Jun 30 2018 | AU$3m | AU$1m | AU$9b |
Compensation vs Market: Matt's total compensation ($USD4.67M) is about average for companies of similar size in the Australian market ($USD4.46M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Comyn (48 yo)
6.6yrs
Tenure
AU$7,168,490
Compensation
Mr. Matthew Comyn, also known as Matt, has been Managing Director, Chief Executive Officer and Executive Director at Commonwealth Bank of Australia since April 9, 2018 and served as its Managing Director a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 6.6yrs | AU$7.17m | 0.0049% A$ 12.8m | |
| Group Executive of Financial Services & CFO | 6.5yrs | AU$3.33m | 0.0022% A$ 5.6m | |
| Group Executive of Technology & Group Chief Information Officer | 2yrs | AU$3.49m | 0.000090% A$ 235.1k | |
| Group Executive of Human Resources | 6.3yrs | AU$2.79m | 0.00040% A$ 1.0m | |
| Group Chief Risk Officer | 6yrs | AU$4.20m | 0.00060% A$ 1.6m | |
| Chief Executive & MD of ASB Bank Ltd. | 6.8yrs | AU$3.40m | 0.0029% A$ 7.5m | |
| Chief Operations Officer | 3.1yrs | no data | no data | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 1.2yrs | no data | no data | |
| Group Executive of Marketing & Corporate Affairs | 3.2yrs | no data | no data | |
| Managing Director of Global Capital Markets | 4.7yrs | no data | no data |
4.7yrs
Average Tenure
Experienced Management: CBA's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 6.6yrs | AU$7.17m | 0.0049% A$ 12.8m | |
| Independent Non-Executive Director | 4.2yrs | AU$372.91k | 0.00024% A$ 627.0k | |
| Independent Non-Executive Chairman | 5.8yrs | AU$910.45k | 0.00046% A$ 1.2m | |
| Independent Non-Executive Director | 7.2yrs | AU$367.51k | 0.00023% A$ 600.9k | |
| Independent Non-Executive Director | 3.7yrs | AU$328.42k | 0.00018% A$ 470.3k | |
| Independent Non-Executive Director | 2.1yrs | AU$302.46k | 0.00024% A$ 627.0k | |
| Independent Non-Executive Director | 8.4yrs | AU$297.61k | 0.00030% A$ 783.8k | |
| Independent Non-Executive Director | 3.2yrs | AU$343.68k | 0.000090% A$ 235.1k | |
| Independent Non-Executive Director | less than a year | no data | 0.000070% A$ 182.9k |
4.2yrs
Average Tenure
60.5yo
Average Age
Experienced Board: CBA's board of directors are considered experienced (4.2 years average tenure).