MyState Management
Management criteria checks 4/4
MyState's CEO is Brett Morgan, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is A$670.19K, comprised of 89.2% salary and 10.8% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth A$147.12K. The average tenure of the management team and the board of directors is 5.5 years and 6.6 years respectively.
Key information
Brett Morgan
Chief executive officer
AU$670.2k
Total compensation
| CEO salary percentage | 89.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.6yrs |
Recent management updates
We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right
Oct 13
How Much Is MyState Limited (ASX:MYS) Paying Its CEO?
Jan 18Recent updates
MyState (ASX:MYS) Has Re-Affirmed Its Dividend Of AU$0.13
Feb 21We Think The Compensation For MyState Limited's (ASX:MYS) CEO Looks About Right
Oct 13MyState Limited (ASX:MYS) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.20
Feb 20
How Much Is MyState Limited (ASX:MYS) Paying Its CEO?
Jan 18Did You Participate In Any Of MyState's (ASX:MYS) Respectable 46% Return?
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$36m |
| Sep 30 2023 | n/a | n/a | AU$37m |
| Jun 30 2023 | AU$670k | AU$598k | AU$39m |
| Mar 31 2023 | n/a | n/a | AU$37m |
| Dec 31 2022 | n/a | n/a | AU$35m |
| Sep 30 2022 | n/a | n/a | AU$34m |
| Jun 30 2022 | AU$666k | AU$283k | AU$32m |
Compensation vs Market: Brett's total compensation ($USD439.99K) is below average for companies of similar size in the Australian market ($USD630.81K).
Compensation vs Earnings: Brett's compensation has been consistent with company performance over the past year.
CEO
Brett Morgan
2.3yrs
Tenure
AU$670,187
Compensation
Mr. Brett Alexander Morgan, BEc, MAppFin, has been Director of MyState Limited since January 17, 2022 and serves as Managing Director & Chief Executive Officer since January 2022. He had been Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.3yrs | AU$670.19k | 0.038% A$ 147.1k | |
| Chief Financial Officer | 4.6yrs | AU$389.55k | 0.010% A$ 39.4k | |
| Chief Operating Officer | 9yrs | AU$406.66k | 0.028% A$ 110.9k | |
| General Manager of Everyday Banking & Marketing | less than a year | AU$405.61k | no data | |
| General Manager People | 6.3yrs | AU$349.80k | 0.020% A$ 76.7k | |
| Chief Risk Officer | 8.4yrs | AU$433.41k | 0.031% A$ 120.2k | |
| General Manager of Lending | less than a year | AU$422.44k | no data | |
| Investor Relation Professional | no data | no data | no data | |
| Company Secretary | 10.5yrs | AU$311.82k | no data |
5.5yrs
Average Tenure
Experienced Management: MYS's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.3yrs | AU$670.19k | 0.038% A$ 147.1k | |
| Independent Non-Executive Chairman | 4.7yrs | AU$236.50k | 0.038% A$ 146.7k | |
| Independent Non-Executive Deputy Chairman | 15.3yrs | AU$130.00k | 0.035% A$ 136.3k | |
| Independent Non-Executive Director | 6.6yrs | AU$120.00k | 0.034% A$ 132.5k | |
| Independent Non-Executive Director | 2.8yrs | AU$110.00k | no data | |
| Independent Non-Executive Director | 6.6yrs | AU$120.00k | 0.035% A$ 135.1k | |
| Independent Non-Executive Director | 7.4yrs | AU$120.00k | 0.029% A$ 113.1k |
6.6yrs
Average Tenure
65yo
Average Age
Experienced Board: MYS's board of directors are considered experienced (6.6 years average tenure).