National Australia Bank Management
Management criteria checks 2/4
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$2.58M. The average tenure of the management team and the board of directors is 3.5 years and 1.5 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 | 1.5yrs |
Recent management updates
Recent updates
CEO 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$3b |
Compensation vs Market: Andrew's total compensation ($USD3.13M) is about average for companies of similar size in the Australian market ($USD4.24M).
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, BSc Business Management (Hons), MBA, is MD, Group CEO & Director of National Australia Bank Limited from July 01, 2024. He joined National Australia Bank Limited in 2020 as Group...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Director | less than a year | AU$5.03m | 0.0023% A$ 2.6m | |
| Group Chief Operating Officer | 3.9yrs | AU$3.20m | 0.00012% A$ 136.6k | |
| Group Executive of Technology & Enterprise Operations | 7.7yrs | AU$5.17m | 0.000070% A$ 79.7k | |
| Group Executive of People & Culture | 1.3yrs | AU$2.01m | 0.00045% A$ 512.2k | |
| Group Executive of Customer & Corporate Services | less than a year | AU$2.61m | 0.0016% A$ 1.8m | |
| Group Chief Risk Officer | 6.2yrs | AU$3.18m | 0.0038% A$ 4.3m | |
| MD & CEO of Bank of New Zealand | 3.2yrs | AU$3.10m | no data | |
| Group Executive of Personal Banking | 4.7yrs | AU$3.48m | 0.0052% A$ 5.9m | |
| Group Executive | no data | AU$1.85m | 0.0028% A$ 3.2m | |
| 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: NABPI'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$5.03m | 0.0023% A$ 2.6m | |
| Independent Non-Executive Chairman of the Board | 8.6yrs | AU$845.83k | 0.0014% A$ 1.6m | |
| Independent Non-Executive Director | 1.4yrs | AU$309.98k | 0.00033% A$ 375.6k | |
| Independent Non-Executive Director | 7.1yrs | AU$322.67k | 0.00041% A$ 466.7k | |
| Independent Non-Executive Director | 5yrs | AU$333.08k | 0.00031% A$ 352.8k | |
| Independent Non Executive Director | 4.8yrs | AU$321.81k | 0.00049% A$ 557.7k | |
| Independent Non-Executive Director | 1.5yrs | AU$291.20k | 0.00024% A$ 273.2k | |
| Independent Non-Executive Director | no data | no data | 0.00021% A$ 239.0k | |
| Independent Non-Executive Director | 1.3yrs | AU$319.79k | 0.00024% A$ 273.2k |
1.5yrs
Average Tenure
65.5yo
Average Age
Experienced Board: NABPI's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:42 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
National Australia Bank Limited is covered by 32 analysts. 13 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 |
|---|---|
| Brett Le Mesurier | Axiome Equities |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Craig Stafford | Barrenjoey Markets Pty Limited |