FBR Management
Management criteria checks 2/4
FBR's CEO is Mike Pivac, appointed in Nov 2015, has a tenure of 8.42 years. total yearly compensation is A$1.07M, comprised of 38.9% salary and 61.1% bonuses, including company stock and options. directly owns 3.44% of the company’s shares, worth A$3.97M. The average tenure of the management team and the board of directors is 4.8 years and 5.7 years respectively.
Key information
Mike Pivac
Chief executive officer
AU$1.1m
Total compensation
| CEO salary percentage | 38.9% |
| CEO tenure | 8.4yrs |
| CEO ownership | 3.4% |
| Management average tenure | 4.8yrs |
| Board average tenure | 5.7yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$30m |
| Sep 30 2023 | n/a | n/a | -AU$26m |
| Jun 30 2023 | AU$1m | AU$417k | -AU$23m |
| Mar 31 2023 | n/a | n/a | -AU$23m |
| Dec 31 2022 | n/a | n/a | -AU$24m |
| Sep 30 2022 | n/a | n/a | -AU$22m |
| Jun 30 2022 | AU$919k | AU$371k | -AU$20m |
| Mar 31 2022 | n/a | n/a | -AU$17m |
| Dec 31 2021 | n/a | n/a | -AU$14m |
| Sep 30 2021 | n/a | n/a | -AU$12m |
| Jun 30 2021 | AU$733k | AU$375k | -AU$9m |
| Mar 31 2021 | n/a | n/a | -AU$9m |
| Dec 31 2020 | n/a | n/a | -AU$9m |
| Sep 30 2020 | n/a | n/a | -AU$10m |
| Jun 30 2020 | AU$510k | AU$375k | -AU$11m |
| Mar 31 2020 | n/a | n/a | -AU$11m |
| Dec 31 2019 | n/a | n/a | -AU$11m |
| Sep 30 2019 | n/a | n/a | -AU$10m |
| Jun 30 2019 | AU$617k | AU$375k | -AU$9m |
| Mar 31 2019 | n/a | n/a | -AU$9m |
| Dec 31 2018 | n/a | n/a | -AU$9m |
| Sep 30 2018 | n/a | n/a | -AU$8m |
| Jun 30 2018 | AU$732k | AU$296k | -AU$7m |
| Mar 31 2018 | n/a | n/a | -AU$6m |
| Dec 31 2017 | n/a | n/a | -AU$5m |
| Sep 30 2017 | n/a | n/a | -AU$4m |
| Jun 30 2017 | AU$419k | AU$219k | -AU$3m |
Compensation vs Market: Mike's total compensation ($USD698.93K) is above average for companies of similar size in the Australian market ($USD292.80K).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Pivac
8.4yrs
Tenure
AU$1,069,857
Compensation
Mr. Michael John Pivac, also known as Mike, serves as Chief Executive Officer at FBR Limited since 2021. He had been Gobal Chief Executive Officer of FBR Limited (formerly known as Fastbrick Robotics Limit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 8.4yrs | AU$1.07m | 3.44% A$ 4.0m | |
| CTO, Founder & Executive Director | 8.4yrs | AU$1.14m | 8.07% A$ 9.3m | |
| General Counsel | 4.8yrs | AU$690.15k | 0.14% A$ 156.2k | |
| Chief Commercial Officer | 2.5yrs | AU$814.17k | 0.22% A$ 251.0k | |
| Chief Financial Officer | less than a year | no data | no data |
4.8yrs
Average Tenure
Experienced Management: FBR's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 8.4yrs | AU$1.07m | 3.44% A$ 4.0m | |
| CTO, Founder & Executive Director | 8.4yrs | AU$1.14m | 8.07% A$ 9.3m | |
| Independent Non-Executive Chairman | 5.8yrs | AU$161.61k | 0.023% A$ 26.5k | |
| Independent Non-Executive Director | 2yrs | AU$96.11k | 0.027% A$ 30.7k | |
| Independent Non-Executive Director | 4.5yrs | AU$96.11k | 0.028% A$ 32.5k | |
| Member of Advisory Committee | 6.3yrs | no data | no data | |
| Member of Advisory Committee | 5.7yrs | no data | no data | |
| Independent Non-Executive Director | 3.7yrs | AU$96.11k | 0.0046% A$ 5.3k |
5.7yrs
Average Tenure
70yo
Average Age
Experienced Board: FBR's board of directors are considered experienced (5.7 years average tenure).