Service Stream Management

Management criteria checks 3/4

Service Stream's CEO is Leigh MacKender, appointed in May 2014, has a tenure of 10.17 years. total yearly compensation is A$1.54M, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth A$2.27M. The average tenure of the management team and the board of directors is 6.1 years and 2.3 years respectively.

Key information

Leigh MacKender

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage	66.6%
CEO tenure	10.2yrs
CEO ownership	0.3%
Management average tenure	6.1yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

Service Stream Limited's (ASX:SSM) CEO Might Not Expect Shareholders To Be So Generous This Year

Oct 13

Service Stream Limited (ASX:SSM) Shares Could Be 49% Below Their Intrinsic Value Estimate

May 12

Does Service Stream (ASX:SSM) Have A Healthy Balance Sheet?

Mar 16

Non Executive Independent Director Deborah Page Just Bought 15% More Shares In Service Stream Limited (ASX:SSM)

Mar 02

Here's What You Should Know About Service Stream Limited's (ASX:SSM) 5.3% Dividend Yield

Feb 16

Here's What We Learned About The CEO Pay At Service Stream Limited (ASX:SSM)

Feb 01

Will Weakness in Service Stream Limited's (ASX:SSM) Stock Prove Temporary Given Strong Fundamentals?

Jan 19

Service Stream Limited's (ASX:SSM) Intrinsic Value Is Potentially 41% Above Its Share Price

Jan 03

Shareholders of Service Stream (ASX:SSM) Must Be Delighted With Their 365% Total Return

Dec 20

Service Stream (ASX:SSM) Could Easily Take On More Debt

Dec 06

Why Service Stream Limited (ASX:SSM) Could Be Worth Watching

Nov 23

Will Weakness in Service Stream Limited's (ASX:SSM) Stock Prove Temporary Given Strong Fundamentals?

Aug 04

Have Insiders Been Selling Service Stream Limited (ASX:SSM) Shares This Year?

Jul 20

Is Now The Time To Put Service Stream (ASX:SSM) On Your Watchlist?

Jul 05

CEO Compensation Analysis

How has Leigh MacKender's remuneration changed compared to Service Stream's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$24m
Sep 30 2023	n/a	n/a	AU$14m
Jun 30 2023	AU$2m	AU$1m	AU$4m
Mar 31 2023	n/a	n/a	-AU$22m
Dec 31 2022	n/a	n/a	-AU$48m
Sep 30 2022	n/a	n/a	-AU$42m
Jun 30 2022	AU$1m	AU$879k	-AU$36m
Mar 31 2022	n/a	n/a	-AU$9m
Dec 31 2021	n/a	n/a	AU$18m
Sep 30 2021	n/a	n/a	AU$24m
Jun 30 2021	AU$1m	AU$879k	AU$29m
Mar 31 2021	n/a	n/a	AU$34m
Dec 31 2020	n/a	n/a	AU$38m
Sep 30 2020	n/a	n/a	AU$44m
Jun 30 2020	AU$2m	AU$879k	AU$49m
Mar 31 2020	n/a	n/a	AU$51m
Dec 31 2019	n/a	n/a	AU$53m
Sep 30 2019	n/a	n/a	AU$51m
Jun 30 2019	AU$2m	AU$529k	AU$50m
Mar 31 2019	n/a	n/a	AU$48m
Dec 31 2018	n/a	n/a	AU$45m
Sep 30 2018	n/a	n/a	AU$43m
Jun 30 2018	AU$2m	AU$510k	AU$41m

Compensation vs Market: Leigh's total compensation ($USD1.03M) is about average for companies of similar size in the Australian market ($USD799.28K).

Compensation vs Earnings: Leigh's compensation has been consistent with company performance over the past year.

CEO

Leigh MacKender

10.2yrs

Tenure

AU$1,538,485

Compensation

Mr. Leigh Mackender, BEng (Civil) (Syd) has been Managing Director of Service Stream Limited since May 26, 2014 and serves as its Executive Director. He served as its Executive General Manager of AMRS from...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Leigh MacKender	MD & Director	10.2yrs	AU$1.54m	0.29% A$ 2.3m
Linda Kow	Chief Financial Officer	4.2yrs	AU$968.46k	0.22% A$ 1.8m
Samantha Grant	Founder of Total Communications Infrastructure Ltd	no data	no data	no data
Douglas Young	Chief Information Officer	6.1yrs	no data	no data
Jamie O'Brien	Additional Company Secretary & Senior Legal Counsel	3.3yrs	no data	no data
Chris Chapman	Company Secretary & General Counsel	8.9yrs	no data	no data

6.1yrs

Average Tenure

Experienced Management: SSM's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Leigh MacKender	MD & Director	no data	AU$1.54m	0.29% A$ 2.3m
Martin Monro	Independent Non-Executive Director	1.8yrs	AU$101.20k	0.012% A$ 96.0k
Brett Gallagher	Non-Executive Chairman of the Board	14.3yrs	AU$201.83k	0.39% A$ 3.1m
Elizabeth Ward	Independent Non-Executive Director	2.8yrs	AU$126.97k	0.016% A$ 128.7k
Sylvia Wiggins	Independent Non-Executive Director	1.7yrs	AU$78.37k	0.018% A$ 144.3k

2.3yrs

Average Tenure

Experienced Board: SSM's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Service Stream Management

Management criteria checks 3/4

Key information

Recent management updates

Non-Executive Chairman of the Board recently sold AU$2.0m worth of stock

Service Stream Limited Announces Resignation of Nick Miller as Non-Executive Director, Effective 16 January 2024

Service Stream Limited Appoints Nick Miller as Independent Non-Executive Director, Effective from 1 November 2023

MD & Director exercised options to buy AU$55k worth of stock.

Service Stream Limited Announces Retirement of Peter Dempsey as Director

Service Stream Limited, Annual General Meeting, Oct 18, 2023

Recent updates

Service Stream Limited to Report Fiscal Year 2024 Results on Aug 21, 2024

Non-Executive Chairman of the Board recently sold AU$2.0m worth of stock

Upcoming dividend of AU$0.02 per share

Service Stream Limited's (ASX:SSM) 28% Jump Shows Its Popularity With Investors

Consensus EPS estimates increase by 34%

First half dividend of AU$0.02 announced

First half 2024 earnings released: EPS: AU$0.021 (vs AU$0.01 loss in 1H 2023)

Service Stream Limited Announces Resignation of Nick Miller as Non-Executive Director, Effective 16 January 2024

Service Stream Limited to Report First Half, 2024 Results on Feb 22, 2024

Service Stream Limited Appoints Nick Miller as Independent Non-Executive Director, Effective from 1 November 2023

MD & Director exercised options to buy AU$55k worth of stock.

Upcoming dividend of AU$0.01 per share at 2.2% yield

Service Stream Limited Announces Retirement of Peter Dempsey as Director

Price target increased by 8.0% to AU$1.04

New minor risk - Earnings quality

Service Stream Limited Declares Final Fully Franked Dividend, Payable on 5 October 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

First half 2023 earnings released: AU$0.01 loss per share (vs AU$0.009 profit in 1H 2022)

Price target decreased by 11% to AU$0.85

Service Stream Limited Provides Interim Dividend Guidance for the Half Year

Service Stream Limited, Annual General Meeting, Oct 18, 2023

Price target decreased to AU$1.01

Service Stream Limited Appoints Sylvia Wiggins as an Independent Non-Executive Director, Effective 7 November 2022

MD & Director recently bought AU$98k worth of stock

Upcoming dividend of AU$0.01 per share

Service Stream Limited Announces Board Changes

Independent Non Executive Director recently bought AU$95k worth of stock

Now 22% undervalued after recent price drop

Price target decreased to AU$1.08

Estimating The Intrinsic Value Of Service Stream Limited (ASX:SSM)

Service Stream Limited to Report Fiscal Year 2022 Final Results on Aug 26, 2022

Service Stream Limited, Annual General Meeting, Oct 19, 2022

MD & Director recently bought AU$88k worth of stock

Service Stream Limited to Report Fiscal Year 2022 Results on Aug 23, 2022

Non-Executive Chairman of the Board recently bought AU$80k worth of stock

Consensus EPS estimates increase by 82%

First half 2022 earnings: EPS and revenues miss analyst expectations

We Think Service Stream (ASX:SSM) Can Stay On Top Of Its Debt

Service Stream Limited Announces No Interim Dividend with Respect to the Half-Year Period Ending 31 December 2021

Price target decreased to AU$1.15

Service Stream Limited's (ASX:SSM) CEO Might Not Expect Shareholders To Be So Generous This Year

Full year 2021 earnings released: EPS AU$0.072 (vs AU$0.12 in FY 2020)

Price target decreased to AU$1.21

Price target decreased to AU$1.31

Service Stream Limited (ASX:SSM) Shares Could Be 49% Below Their Intrinsic Value Estimate

Price target decreased to AU$1.49

Upcoming Dividend of AU$0.025 Per Share

Does Service Stream (ASX:SSM) Have A Healthy Balance Sheet?

Investor sentiment deteriorated over the past week

Analysts lower EPS estimates to AU$0.088

Non Executive Independent Director Deborah Page Just Bought 15% More Shares In Service Stream Limited (ASX:SSM)

Non Executive Independent Director recently bought AU$82k worth of stock

Price target lowered to AU$1.89

First half 2021 earnings released: EPS AU$0.04 (vs AU$0.067 in 1H 2020)

Revenue and earnings miss expectations

Service Stream Limited to Report First Half, 2021 Results on Feb 25, 2021

Here's What You Should Know About Service Stream Limited's (ASX:SSM) 5.3% Dividend Yield

New 90-day low: AU$1.67

Here's What We Learned About The CEO Pay At Service Stream Limited (ASX:SSM)

Service Stream Secures Multi-Year Agreement with Telstra

Will Weakness in Service Stream Limited's (ASX:SSM) Stock Prove Temporary Given Strong Fundamentals?

New 90-day low: AU$1.67

Service Stream Limited's (ASX:SSM) Intrinsic Value Is Potentially 41% Above Its Share Price

Shareholders of Service Stream (ASX:SSM) Must Be Delighted With Their 365% Total Return

Price target lowered to AU$2.36

Investor sentiment deteriorated over the past week

Service Stream Limited Secures Multi-Year Unified Operations Agreement with nbn Co

New 90-day high: AU$2.37