MyState Management
Management criteria checks 3/4
MyState's CEO is Brett Morgan, appointed in Jan 2022, has a tenure of 2.83 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$231.39K. The average tenure of the management team and the board of directors is 5.1 years and 6.1 years respectively.
Key information
Brett Morgan
Chief executive officer
AU$1.1m
Total compensation
| CEO salary percentage | 56.0% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.1yrs |
| Board average tenure | 6.1yrs |
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$32m |
Compensation vs Market: Brett's total compensation ($USD709.71K) is about average for companies of similar size in the Australian market ($USD674.99K).
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
2.8yrs
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 | 2.8yrs | AU$1.09m | 0.057% A$ 231.4k | |
| Chief Financial Officer | 5.1yrs | AU$545.22k | 0.010% A$ 41.1k | |
| Chief Operating Officer | 9.5yrs | AU$484.48k | 0.029% A$ 119.3k | |
| General Manager of Everyday Banking & Marketing | 1.5yrs | AU$439.58k | no data | |
| General Manager People | 6.8yrs | AU$431.80k | 0.020% A$ 79.9k | |
| Chief Risk Officer | 8.9yrs | AU$542.19k | 0.032% A$ 129.1k | |
| General Manager of Lending | 1.4yrs | AU$470.36k | no data | |
| General Manager of Wealth | 1.2yrs | AU$430.30k | no data | |
| Investor Relation Professional | no data | no data | no data | |
| Company Secretary | 11yrs | AU$311.82k | no data |
5.1yrs
Average Tenure
Experienced Management: MYS's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.8yrs | AU$1.09m | 0.057% A$ 231.4k | |
| Independent Non-Executive Chairman | 5.2yrs | AU$236.50k | 0.041% A$ 166.7k | |
| Independent Non-Executive Director | 7.1yrs | AU$137.69k | 0.034% A$ 138.1k | |
| Independent Non-Executive Director | 3.3yrs | AU$121.04k | no data | |
| Independent Non-Executive Director | 7.1yrs | AU$125.12k | 0.036% A$ 145.0k | |
| Independent Non-Executive Director | 7.9yrs | AU$125.12k | 0.030% A$ 121.5k |
6.1yrs
Average Tenure
66yo
Average Age
Experienced Board: MYS's board of directors are considered experienced (6.1 years average tenure).