National Australia Bank Management
Management criteria checks 3/4
National Australia Bank's CEO is Andrew Irvine, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is A$5.03M, comprised of 35% salary and 65% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth A$1.98M. The average tenure of the management team and the board of directors is 3.5 years and 4.8 years respectively.
Key information
Andrew Irvine
Chief executive officer
AU$5.0m
Total compensation
| CEO salary percentage | 35.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.002% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
National Australia Bank's (ASX:NAB) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 09
National Australia Bank Limited (ASX:NAB) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates
May 03Is Now The Time To Put National Australia Bank (ASX:NAB) On Your Watchlist?
Mar 22Increases to National Australia Bank Limited's (ASX:NAB) CEO Compensation Might Cool off for now
Dec 08National Australia Bank (ASX:NAB) Will Pay A Larger Dividend Than Last Year At A$0.84
Nov 11National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Sep 30National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Jun 15Here's Why National Australia Bank (ASX:NAB) Has Caught The Eye Of Investors
Mar 01National Australia Bank (ASX:NAB) Ticks All The Boxes When It Comes To Earnings Growth
Nov 11National Australia Bank Limited (ASX:NAB) Just Released Its Interim Results And Analysts Are Updating Their Estimates
May 08Does It Make Sense To Buy National Australia Bank Limited (ASX:NAB) For Its Yield?
Feb 22Would Shareholders Who Purchased National Australia Bank's (ASX:NAB) Stock Three Years Be Happy With The Share price Today?
Dec 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | AU$5m | AU$2m | AU$7b |
| Jun 30 2024 | n/a | n/a | AU$7b |
| Mar 31 2024 | n/a | n/a | AU$7b |
| Dec 31 2023 | n/a | n/a | AU$7b |
| Sep 30 2023 | AU$3m | AU$1m | AU$7b |
| Jun 30 2023 | n/a | n/a | AU$7b |
| Mar 31 2023 | n/a | n/a | AU$7b |
| Dec 31 2022 | n/a | n/a | AU$7b |
| Sep 30 2022 | AU$4m | AU$1m | AU$7b |
| Jun 30 2022 | n/a | n/a | AU$7b |
| Mar 31 2022 | n/a | n/a | AU$7b |
| Dec 31 2021 | n/a | n/a | AU$7b |
| Sep 30 2021 | AU$5m | AU$1m | AU$6b |
| Jun 30 2021 | n/a | n/a | AU$6b |
| Mar 31 2021 | n/a | n/a | AU$5b |
| Dec 31 2020 | n/a | n/a | AU$4b |
| Sep 30 2020 | AU$537k | AU$103k | AU$3b |
Compensation vs Market: Andrew's total compensation ($USD3.25M) is about average for companies of similar size in the Australian market ($USD4.43M).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Andrew Irvine
less than a year
Tenure
AU$5,032,046
Compensation
Mr. Andrew Francis Irvine is MD, Group CEO & Director of National Australia Bank Limited from July 01, 2024. Mr. Andrew Irvine served as Group Executive of Business & Private Banking at National Australia...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Director | less than a year | AU$5.03m | 0.0016% A$ 2.0m | |
| Group Chief Operating Officer | 3.8yrs | AU$3.20m | 0.00012% A$ 144.2k | |
| Group Executive of Technology & Enterprise Operations | 7.6yrs | AU$5.17m | 0.000070% A$ 84.1k | |
| Group Executive of People & Culture | 1.3yrs | AU$2.01m | 0.00045% A$ 540.9k | |
| Group Executive of Customer & Corporate Services | less than a year | AU$2.61m | 0.0016% A$ 1.9m | |
| Group Chief Risk Officer | 6.1yrs | AU$3.18m | 0.0038% A$ 4.5m | |
| MD & CEO of Bank of New Zealand | 3.1yrs | AU$3.10m | no data | |
| Group Executive of Personal Banking | 4.6yrs | AU$3.48m | 0.0052% A$ 6.2m | |
| Group Executive | no data | AU$1.85m | 0.0028% A$ 3.4m | |
| Head of Investor Relations | no data | no data | no data | |
| General Manager of Corporate Communications | no data | no data | no data | |
| Chief Executive Officer of Asia Operations | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Management: NAB's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Director | less than a year | AU$5.03m | 0.0016% A$ 2.0m | |
| Independent Non-Executive Chairman of the Board | 8.5yrs | AU$845.83k | 0.0014% A$ 1.6m | |
| Independent Non-Executive Director | 1.3yrs | AU$309.98k | 0.00033% A$ 396.7k | |
| Independent Non-Executive Director | 7yrs | AU$322.67k | 0.00041% A$ 492.8k | |
| Independent Non-Executive Director | 4.9yrs | AU$333.08k | 0.00031% A$ 372.6k | |
| Independent Non Executive Director | 4.8yrs | AU$321.81k | 0.00049% A$ 589.0k | |
| Independent Non-Executive Director | 8.8yrs | AU$506.62k | 0.00039% A$ 468.8k | |
| Independent Non-Executive Director | 8.9yrs | AU$321.18k | 0.00040% A$ 480.8k | |
| Independent Non-Executive Director | 1.4yrs | AU$291.20k | 0.00016% A$ 192.3k | |
| Independent Non-Executive Director | 1.2yrs | AU$319.79k | 0.00020% A$ 240.4k |
4.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: NAB's board of directors are considered experienced (4.8 years average tenure).