Verbrec Management
Management criteria checks 2/4
Verbrec's CEO is Mark Read, appointed in Mar 2023, has a tenure of 1.92 years. total yearly compensation is A$609.32K, comprised of 75.5% salary and 24.5% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth A$125.21K. The average tenure of the management team and the board of directors is 1.9 years and 5.3 years respectively.
Key information
Mark Read
Chief executive officer
AU$609.3k
Total compensation
| CEO salary percentage | 75.5% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.9yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That Verbrec (ASX:VBC) Is Using Debt Reasonably Well
Sep 27
Verbrec Limited's (ASX:VBC) Shareholders Might Be Looking For Exit
Aug 20We Think Verbrec (ASX:VBC) Has A Fair Chunk Of Debt
May 06There's Reason For Concern Over Verbrec Limited's (ASX:VBC) Massive 48% Price Jump
Feb 28Verbrec Limited's (ASX:VBC) 29% Share Price Plunge Could Signal Some Risk
Nov 24Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Nov 10Is Verbrec (ASX:VBC) Using Too Much Debt?
Jun 05Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 14I Ran A Stock Scan For Earnings Growth And Verbrec (ASX:VBC) Passed With Ease
May 13Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Mar 29Declining Stock and Decent Financials: Is The Market Wrong About Verbrec Limited (ASX:VBC)?
Mar 03Is There More To The Story Than Verbrec's (ASX:VBC) Earnings Growth?
Jan 25
Does Verbrec (ASX:VBC) Have A Healthy Balance Sheet?
Dec 21Is LogiCamms (ASX:LCM) Likely To Turn Things Around?
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$609k | AU$460k | AU$5m |
| Mar 31 2024 | n/a | n/a | AU$1m |
| Dec 31 2023 | n/a | n/a | -AU$5m |
| Sep 30 2023 | n/a | n/a | -AU$7m |
| Jun 30 2023 | AU$180k | AU$135k | -AU$6m |
Compensation vs Market: Mark's total compensation ($USD382.09K) is above average for companies of similar size in the Australian market ($USD284.31K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Read
1.9yrs
Tenure
AU$609,324
Compensation
Mr. Mark Read serves as Chief Executive Officer at Verbrec Limited since March 13, 2023 and also serves as its Chief Operating Officer. He has experience across publicly listed and privately held engineeri...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & COO | 1.9yrs | AU$609.32k | 0.32% A$ 125.2k | |
| Chief Financial Officer | 1.5yrs | AU$376.69k | 0.057% A$ 22.5k | |
| Contracts & Procurement Manager and Company Secretary | 2.7yrs | AU$253.71k | 0.27% A$ 107.1k | |
| General Manager of Asset Management | no data | no data | no data |
1.9yrs
Average Tenure
Experienced Management: VBC's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 5.3yrs | AU$75.00k | 0.30% A$ 117.0k | |
| Independent Non-Executive Chairman | 5.3yrs | AU$120.00k | 0.52% A$ 202.9k | |
| Non-Executive Director | 5.7yrs | AU$195.00k | 22.3% A$ 8.7m |
5.3yrs
Average Tenure
Experienced Board: VBC'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 | 2025/02/07 04:00 |
| End of Day Share Price | 2025/02/05 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Verbrec Limited is covered by 1 analysts. 1 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 |
|---|---|
| Graeme Carson | RaaS Advisory Pty Ltd |