Acrow Management
Management criteria checks 3/4
Acrow's CEO is Steven Boland, appointed in Mar 2018, has a tenure of 6.75 years. total yearly compensation is A$1.55M, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 2% of the company’s shares, worth A$6.34M. The average tenure of the management team and the board of directors is 3.3 years and 5.3 years respectively.
Key information
Steven Boland
Chief executive officer
AU$1.6m
Total compensation
| CEO salary percentage | 39.0% |
| CEO tenure | 6.8yrs |
| CEO ownership | 2.0% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Acrow (ASX:ACF) Has A Pretty Healthy Balance Sheet
Oct 01
Increases to Acrow Formwork and Construction Services Limited's (ASX:ACF) CEO Compensation Might Cool off for now
Nov 08It Looks Like Shareholders Would Probably Approve Acrow Formwork and Construction Services Limited's (ASX:ACF) CEO Compensation Package
Nov 08Here's Why Acrow Formwork and Construction Services (ASX:ACF) Has Caught The Eye Of Investors
Aug 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$605k | AU$25m |
| Dec 31 2023 | n/a | n/a | AU$25m |
| Sep 30 2023 | n/a | n/a | AU$24m |
| Jun 30 2023 | AU$2m | AU$530k | AU$23m |
| Mar 31 2023 | n/a | n/a | AU$21m |
| Dec 31 2022 | n/a | n/a | AU$19m |
| Sep 30 2022 | n/a | n/a | AU$17m |
| Jun 30 2022 | AU$987k | AU$530k | AU$16m |
| Mar 31 2022 | n/a | n/a | AU$13m |
| Dec 31 2021 | n/a | n/a | AU$9m |
| Sep 30 2021 | n/a | n/a | AU$7m |
| Jun 30 2021 | AU$2m | AU$530k | AU$4m |
| Mar 31 2021 | n/a | n/a | AU$4m |
| Dec 31 2020 | n/a | n/a | AU$4m |
| Sep 30 2020 | n/a | n/a | AU$4m |
| Jun 30 2020 | AU$907k | AU$505k | AU$3m |
| Mar 31 2020 | n/a | n/a | AU$2m |
| Dec 31 2019 | n/a | n/a | AU$2m |
| Sep 30 2019 | n/a | n/a | AU$3m |
| Jun 30 2019 | AU$887k | AU$480k | AU$5m |
| Mar 31 2019 | n/a | n/a | AU$10m |
| Dec 31 2018 | n/a | n/a | AU$14m |
| Sep 30 2018 | n/a | n/a | AU$12m |
| Jun 30 2018 | AU$667k | AU$120k | AU$11m |
Compensation vs Market: Steven's total compensation ($USD969.49K) is above average for companies of similar size in the Australian market ($USD689.59K).
Compensation vs Earnings: Steven's compensation has been consistent with company performance over the past year.
CEO
Steven Boland
6.8yrs
Tenure
AU$1,550,110
Compensation
Mr. Steven Boland has been the Chief Executive Officer and Executive Director of Acrow Formwork and Construction Services Limited (formerly NMG Corporation Limited) since March 27, 2018 and serves as its M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 6.8yrs | AU$1.55m | 2% A$ 6.3m | |
| Group Chief Financial Officer | 5.4yrs | AU$655.74k | 0.33% A$ 1.0m | |
| Chief Operating Officer | no data | no data | 0% A$ 0 | |
| General Manager of Sales & Marketing | no data | no data | no data | |
| Head of People & Culture | no data | no data | no data | |
| National Head of Procurement | no data | no data | no data | |
| Company Secretary | less than a year | no data | no data | |
| Joint Company Secretary | 1.3yrs | no data | no data |
3.3yrs
Average Tenure
Experienced Management: ACF's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 6.8yrs | AU$1.55m | 2% A$ 6.3m | |
| Independent Non-Executive Director | 3.3yrs | AU$100.00k | 0.066% A$ 208.0k | |
| Independent Non-Executive Chairman | 6.8yrs | AU$147.67k | 4.07% A$ 12.9m | |
| Member of Advisory Committee | no data | no data | no data | |
| Member of Advisory Committee | no data | no data | no data | |
| Independent Non-Executive Director | 5.3yrs | AU$88.33k | 0.14% A$ 458.9k | |
| Independent Non-Executive Director | 3.2yrs | AU$100.00k | 0.0033% A$ 10.4k |
5.3yrs
Average Tenure
Experienced Board: ACF's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| 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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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
Acrow Limited is covered by 8 analysts. 4 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 |
|---|---|
| Kurt Worden | APP Securities Pty Ltd. |
| Alexander McLean | Bell Potter |
| Reg Spencer | Canaccord Genuity (Australia) |