Westpac Banking Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Anthony Miller
Chief executive officer
AU$3.6m
Total compensation
| CEO salary percentage | 35.3% |
| CEO tenure | no data |
| CEO ownership | 0.007% |
| Management average tenure | 2.9yrs |
| Board average tenure | 1.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | AU$4m | AU$1m | 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$4m | AU$1m | AU$7b |
| Jun 30 2023 | n/a | n/a | AU$7b |
| Mar 31 2023 | n/a | n/a | AU$6b |
| Dec 31 2022 | n/a | n/a | AU$6b |
| Sep 30 2022 | AU$4m | AU$1m | AU$6b |
| Jun 30 2022 | n/a | n/a | AU$5b |
| Mar 31 2022 | n/a | n/a | AU$5b |
| Dec 31 2021 | n/a | n/a | AU$5b |
| Sep 30 2021 | AU$5m | AU$1m | AU$5b |
Compensation vs Market: Anthony's total compensation ($USD2.27M) is below average for companies of similar size in the Australian market ($USD4.22M).
Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.
CEO
Anthony Miller (54 yo)
no data
Tenure
AU$3,624,892
Compensation
Mr. Anthony Miller, LLB (Hons), BA, is Group CEO & MD at Westpac Banking Corporation since December 16, 2024. He served as Chief Executive Officer of Westpac Institutional Bank at Westpac Banking Corporati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & MD | no data | AU$3.62m | 0.0072% A$ 7.8m | |
| Chief Financial Officer | 4.3yrs | AU$3.04m | 0.0016% A$ 1.8m | |
| Group Chief Information Officer | 1.3yrs | AU$3.42m | 0.0041% A$ 4.4m | |
| Group Executive of Human Resources | 13.2yrs | AU$2.59m | 0.0021% A$ 2.2m | |
| Chief Executive of Consumer | 4.6yrs | AU$3.25m | 0.0023% A$ 2.5m | |
| Group Executive of Customer & Corporate Services | 2.8yrs | AU$2.61m | 0.0032% A$ 3.5m | |
| Chief Risk Officer | 2.7yrs | AU$4.15m | 0.0015% A$ 1.7m | |
| Chief Executive Officer of Westpac New Zealand Limited | 3.1yrs | AU$2.21m | no data | |
| Chief Executive of Westpac Institutional Bank | 1.2yrs | AU$3.27m | 0.0048% A$ 5.2m | |
| General Manager of Investor Relations | no data | no data | no data | |
| Group General Counsel | 3.1yrs | no data | no data | |
| Group Head of Media Relations | no data | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: WBC's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 1.7yrs | AU$309.06k | 0.00037% A$ 402.4k | |
| Independent Non-Executive Chairman | 1.1yrs | AU$716.64k | 0.0022% A$ 2.4m | |
| Independent Non-Executive Director | 7.3yrs | AU$285.88k | 0.00040% A$ 435.0k | |
| Independent Non-Executive Director | 6.8yrs | AU$367.79k | 0.00044% A$ 478.5k | |
| Independent Non-Executive Director | 5.8yrs | AU$290.44k | 0.00030% A$ 326.2k | |
| Independent Non-Executive Director | less than a year | AU$59.80k | no data | |
| Independent Non-Executive Director | 1.8yrs | AU$297.46k | 0.0020% A$ 2.1m |
1.8yrs
Average Tenure
63yo
Average Age
Experienced Board: WBC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:43 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Westpac Banking Corporation is covered by 31 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 |
| Craig Stafford | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |