MyState Management
Management criteria checks 3/4
MyState's CEO is Brett Morgan, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is A$1.09M, comprised of 56% salary and 44% bonuses, including company stock and options. directly owns 0.057% of the company’s shares, worth A$281.20K. The average tenure of the management team and the board of directors is 5.2 years and 6.2 years respectively.
Key information
Brett Morgan
Chief executive officer
AU$1.1m
Total compensation
| CEO salary percentage | 56.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.2yrs |
| Board average tenure | 6.2yrs |
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's (ASX:MYS) Dividend Will Be A$0.115
Aug 21MyState (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 |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$609k | AU$35m |
| Mar 31 2024 | n/a | n/a | AU$36m |
| Dec 31 2023 | n/a | n/a | AU$36m |
| Sep 30 2023 | n/a | n/a | AU$37m |
| Jun 30 2023 | AU$736k | 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$32m |
Compensation vs Market: Brett's total compensation ($USD677.59K) is about average for companies of similar size in the Australian market ($USD872.46K).
Compensation vs Earnings: Brett's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Brett Morgan
2.9yrs
Tenure
AU$1,087,128
Compensation
Mr. Brett Alexander Morgan, BEc, MAppFin, serves as an Executive Director since January 17, 2022 and Managing Director & Chief Executive Officer since January 2022 at MyState Limited. He had been Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.9yrs | AU$1.09m | 0.057% A$ 281.2k | |
| Chief Financial Officer | 5.2yrs | AU$545.22k | 0.010% A$ 49.9k | |
| Chief Operating Officer | 9.6yrs | AU$484.48k | 0.029% A$ 144.9k | |
| General Manager of Everyday Banking & Marketing | 1.6yrs | AU$439.58k | no data | |
| General Manager People | 6.9yrs | AU$431.80k | 0.020% A$ 97.1k | |
| Chief Risk Officer | 9yrs | AU$542.19k | 0.032% A$ 156.9k | |
| General Manager of Lending | 1.5yrs | AU$470.36k | no data | |
| General Manager of Wealth | 1.3yrs | AU$430.30k | no data | |
| Investor Relation Professional | no data | no data | no data | |
| Company Secretary | 11.1yrs | AU$311.82k | no data |
5.2yrs
Average Tenure
Experienced Management: MYS's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.9yrs | AU$1.09m | 0.057% A$ 281.2k | |
| Independent Non-Executive Chairman | 5.3yrs | AU$236.50k | 0.041% A$ 202.6k | |
| Independent Non-Executive Director | 7.2yrs | AU$137.69k | 0.034% A$ 167.9k | |
| Independent Non-Executive Director | 3.4yrs | AU$121.04k | no data | |
| Independent Non-Executive Director | 7.2yrs | AU$125.12k | 0.036% A$ 176.2k | |
| Independent Non-Executive Director | 8yrs | AU$125.12k | 0.030% A$ 147.6k |
6.2yrs
Average Tenure
66yo
Average Age
Experienced Board: MYS's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 20:50 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MyState Limited is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| T.S. Lim | Bell Potter |
| Ian Munro | CCZ Equities Pty Limited |
| Brendan Carrig | Macquarie Research |