Korvest Management
Management criteria checks 3/4
Korvest's CEO is Chris Hartwig, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is A$713.84K, comprised of 54.9% salary and 45.1% bonuses, including company stock and options. directly owns 1.36% of the company’s shares, worth A$1.56M. The average tenure of the management team and the board of directors is 8.8 years and 7.5 years respectively.
Key information
Chris Hartwig
Chief executive officer
AU$713.8k
Total compensation
| CEO salary percentage | 54.9% |
| CEO tenure | 6.8yrs |
| CEO ownership | 1.4% |
| Management average tenure | 8.8yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Korvest (ASX:KOV) Has Announced A Dividend Of A$0.25
Jan 24
Korvest's (ASX:KOV) Dividend Will Be A$0.35
Jul 26We Think Korvest Ltd's (ASX:KOV) CEO Compensation Looks Fair
Oct 15Korvest's (ASX:KOV) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25Korvest's (ASX:KOV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24Should You Be Adding Korvest (ASX:KOV) To Your Watchlist Today?
Dec 03It's Unlikely That Korvest Ltd's (ASX:KOV) CEO Will See A Huge Pay Rise This Year
Oct 15The Return Trends At Korvest (ASX:KOV) Look Promising
Jun 14A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
May 24Should You Or Shouldn't You: A Dividend Analysis on Korvest Ltd (ASX:KOV)
Apr 04Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Mar 17We Like These Underlying Trends At Korvest (ASX:KOV)
Feb 24What Did Korvest's (ASX:KOV) CEO Take Home Last Year?
Feb 09
A Look At The Intrinsic Value Of Korvest Ltd (ASX:KOV)
Jan 25Is Korvest Ltd's (ASX:KOV) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 12Is Korvest Ltd (ASX:KOV) The Right Choice For A Smart Dividend Investor?
Dec 30Does Korvest (ASX:KOV) Deserve A Spot On Your Watchlist?
Dec 17Is It Too Late To Consider Buying Korvest Ltd (ASX:KOV)?
Dec 04Does Korvest's (ASX:KOV) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 21The Returns On Capital At Korvest (ASX:KOV) Don't Inspire Confidence
Jul 22Are Korvest's (ASX:KOV) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jul 07With EPS Growth And More, Korvest (ASX:KOV) Is Interesting
Jun 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$714k | AU$392k | AU$11m |
| Mar 31 2024 | n/a | n/a | AU$12m |
| Dec 31 2023 | n/a | n/a | AU$12m |
| Sep 30 2023 | n/a | n/a | AU$12m |
| Jun 30 2023 | AU$669k | AU$361k | AU$11m |
| Mar 31 2023 | n/a | n/a | AU$10m |
| Dec 31 2022 | n/a | n/a | AU$9m |
| Sep 30 2022 | n/a | n/a | AU$10m |
| Jun 30 2022 | AU$621k | AU$343k | AU$11m |
| Mar 31 2022 | n/a | n/a | AU$11m |
| Dec 31 2021 | n/a | n/a | AU$10m |
| Sep 30 2021 | n/a | n/a | AU$8m |
| Jun 30 2021 | AU$637k | AU$332k | AU$6m |
| Mar 31 2021 | n/a | n/a | AU$5m |
| Dec 31 2020 | n/a | n/a | AU$5m |
| Sep 30 2020 | n/a | n/a | AU$4m |
| Jun 30 2020 | AU$531k | AU$318k | AU$4m |
| Mar 31 2020 | n/a | n/a | AU$4m |
| Dec 31 2019 | n/a | n/a | AU$4m |
| Sep 30 2019 | n/a | n/a | AU$3m |
| Jun 30 2019 | AU$474k | AU$326k | AU$3m |
| Mar 31 2019 | n/a | n/a | AU$2m |
| Dec 31 2018 | n/a | n/a | AU$2m |
| Sep 30 2018 | n/a | n/a | AU$2m |
| Jun 30 2018 | AU$386k | AU$293k | AU$1m |
Compensation vs Market: Chris's total compensation ($USD464.14K) is above average for companies of similar size in the Australian market ($USD298.50K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Hartwig (53 yo)
6.8yrs
Tenure
AU$713,842
Compensation
Mr. Chris A. Hartwig, BA(Acc), MAICD, has been Managing Director and Executive Director of Korvest Ltd since February 28, 2018. Mr. Hartwig served as Executive General Manager of Sales & Marketing at Korve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 6.8yrs | AU$713.84k | 1.36% A$ 1.6m | |
| Finance Director | 16.6yrs | AU$540.61k | 1.36% A$ 1.6m | |
| General Manager of Operations | 8.8yrs | AU$381.70k | 0.61% A$ 695.0k |
8.8yrs
Average Tenure
Experienced Management: KOV's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 6.8yrs | AU$713.84k | 1.36% A$ 1.6m | |
| Finance Director | 15.8yrs | AU$540.61k | 1.36% A$ 1.6m | |
| Independent Non-Executive Chairman | 8.3yrs | AU$156.18k | 0.14% A$ 156.3k | |
| Independent Non-Executive Director | less than a year | AU$63.79k | 0.021% A$ 24.4k | |
| Independent Non Executive Director | 10.8yrs | AU$95.68k | 0.076% A$ 87.4k | |
| Independent Non-Executive Director | 3.2yrs | AU$82.03k | 0.026% A$ 29.3k |
7.5yrs
Average Tenure
58yo
Average Age
Experienced Board: KOV's board of directors are considered experienced (7.5 years average tenure).