Bendigo and Adelaide Bank Management
Management criteria checks 1/4
Bendigo and Adelaide Bank's CEO is Richard Fennell, appointed in Aug 2024, has a tenure of 1.25 years. total yearly compensation is A$2.32M, comprised of 59.4% salary and 40.6% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth A$1.66M. The average tenure of the management team and the board of directors is 1.8 years and 2.2 years respectively.
Key information
Richard Fennell
Chief executive officer
AU$2.3m
Total compensation
| CEO salary percentage | 59.45% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | AU$2m | AU$1m | -AU$97m |
| Mar 31 2025 | n/a | n/a | AU$191m |
| Dec 31 2024 | n/a | n/a | AU$480m |
| Sep 30 2024 | n/a | n/a | AU$512m |
| Jun 30 2024 | AU$1m | AU$888k | AU$545m |
| Mar 31 2024 | n/a | n/a | AU$538m |
| Dec 31 2023 | n/a | n/a | AU$530m |
| Sep 30 2023 | n/a | n/a | AU$514m |
| Jun 30 2023 | AU$1m | AU$854k | AU$497m |
| Mar 31 2023 | n/a | n/a | AU$456m |
| Dec 31 2022 | n/a | n/a | AU$416m |
| Sep 30 2022 | n/a | n/a | AU$452m |
| Jun 30 2022 | AU$1m | AU$856k | AU$488m |
| Mar 31 2022 | n/a | n/a | AU$545m |
| Dec 31 2021 | n/a | n/a | AU$601m |
| Sep 30 2021 | n/a | n/a | AU$563m |
| Jun 30 2021 | AU$1m | AU$873k | AU$524m |
| Mar 31 2021 | n/a | n/a | AU$407m |
| Dec 31 2020 | n/a | n/a | AU$291m |
| Sep 30 2020 | n/a | n/a | AU$242m |
| Jun 30 2020 | AU$1m | AU$683k | AU$193m |
| Mar 31 2020 | n/a | n/a | AU$256m |
| Dec 31 2019 | n/a | n/a | AU$319m |
| Sep 30 2019 | n/a | n/a | AU$348m |
| Jun 30 2019 | AU$1m | AU$663k | AU$377m |
Compensation vs Market: Richard's total compensation ($USD1.52M) is about average for companies of similar size in the Australian market ($USD2.02M).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
CEO
Richard Fennell (56 yo)
Mr. Richard Allan Fennel, BEc, CA, MAICDl serves as CEO, MD and Director of Bendigo & Adelaide Bank Limited since August 31, 2024. He is Chief Customer Officer of Consumer Banking at Bendigo and Adelaide B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.3yrs | AU$2.32m | 0.026% A$ 1.7m | |
| Chief Financial Officer | 3.4yrs | AU$1.35m | 0% A$ 0 | |
| Chief Operating Officer | 10.2yrs | AU$1.08m | 0.0046% A$ 290.7k | |
| Chief Technology Officer | less than a year | AU$911.00k | no data | |
| Chief Customer Officer of Consumer Banking | no data | AU$1.25m | 0.019% A$ 1.2m | |
| Chief Customer Officer of Business & Agribusiness | 3.3yrs | AU$1.14m | 0.0040% A$ 254.4k | |
| Chief Risk Officer | less than a year | AU$834.11k | no data | |
| Head of Investor Relations & ESG | no data | no data | no data | |
| Head of Public Relations | no data | no data | no data | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief of Staff | 2.8yrs | no data | no data |
Experienced Management: BEN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.3yrs | AU$2.32m | 0.026% A$ 1.7m | |
| Independent Non Executive Director | 1.6yrs | AU$234.00k | 0.0019% A$ 124.0k | |
| Independent Non Executive Director | 3.8yrs | AU$220.00k | 0.0031% A$ 195.9k | |
| Independent Non-Executive Director | 2.2yrs | AU$302.00k | 0.0043% A$ 271.0k | |
| Independent Non-Executive Director | less than a year | AU$72.00k | 0.0027% A$ 172.4k | |
| Independent Non-Executive Director | 1.2yrs | AU$151.00k | 0.0015% A$ 96.0k | |
| Independent Chair of the Board | 7.2yrs | AU$487.00k | 0.0060% A$ 382.3k | |
| Independent Non-executive Director | 3.2yrs | AU$234.00k | 0.00038% A$ 24.2k | |
| Non-Executive Director | 2.2yrs | no data | no data |
Experienced Board: BEN's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/12 02:33 |
| End of Day Share Price | 2025/11/12 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/06/30 |
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 |
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| 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.
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 Github.
Analyst Sources
Bendigo and Adelaide Bank Limited is covered by 22 analysts. 12 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 |
|---|---|
| Craig Stafford | Barrenjoey Markets Pty Limited |
| Jonathan Mott | Barrenjoey Markets Pty Limited |
| Benjamin Brayshaw | Barrenjoey Markets Pty Limited |