VEEM Management
Management criteria checks 4/4
VEEM's CEO is Mark Miocevich, appointed in Jan 1995, has a tenure of 29.25 years. total yearly compensation is A$548.86K, comprised of 93.3% salary and 6.7% bonuses, including company stock and options. directly owns 50.2% of the company’s shares, worth A$121.62M. The average tenure of the management team and the board of directors is 2.8 years and 6.9 years respectively.
Key information
Mark Miocevich
Chief executive officer
AU$548.9k
Total compensation
| CEO salary percentage | 93.3% |
| CEO tenure | 29.3yrs |
| CEO ownership | 50.2% |
| Management average tenure | 2.8yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All
Nov 16
What Does VEEM's (ASX:VEE) CEO Pay Reveal?
Feb 05
Recent updates
VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Apr 16When Should You Buy VEEM Ltd (ASX:VEE)?
Mar 14Subdued Growth No Barrier To VEEM Ltd (ASX:VEE) With Shares Advancing 30%
Mar 14VEEM Ltd Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 25Returns On Capital At VEEM (ASX:VEE) Have Stalled
Jan 22Investors Appear Satisfied With VEEM Ltd's (ASX:VEE) Prospects As Shares Rocket 34%
Dec 18These 4 Measures Indicate That VEEM (ASX:VEE) Is Using Debt Reasonably Well
Nov 16Investors Met With Slowing Returns on Capital At VEEM (ASX:VEE)
Sep 21Is Now An Opportune Moment To Examine VEEM Ltd (ASX:VEE)?
Aug 19Is VEEM (ASX:VEE) Using Too Much Debt?
Jun 26Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Jan 24Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?
Dec 12Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All
Nov 16VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet
Oct 17Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal
Aug 16Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?
Jul 10VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly
Jun 19Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 03Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital
Mar 15I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease
Sep 05VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 06With EPS Growth And More, VEEM (ASX:VEE) Is Interesting
Jun 03Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)
May 13Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?
Mar 09Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?
Feb 22What Does VEEM's (ASX:VEE) CEO Pay Reveal?
Feb 05Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?
Jan 21VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 06We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide
Dec 22Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture
Dec 08The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$6m |
| Sep 30 2023 | n/a | n/a | AU$5m |
| Jun 30 2023 | AU$549k | AU$512k | AU$4m |
| Mar 31 2023 | n/a | n/a | AU$3m |
| Dec 31 2022 | n/a | n/a | AU$3m |
| Sep 30 2022 | n/a | n/a | AU$2m |
| Jun 30 2022 | AU$533k | AU$493k | AU$1m |
| Mar 31 2022 | n/a | n/a | AU$2m |
| Dec 31 2021 | n/a | n/a | AU$2m |
| Sep 30 2021 | n/a | n/a | AU$4m |
| Jun 30 2021 | AU$456k | AU$428k | AU$5m |
| 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$415k | AU$385k | AU$2m |
| Mar 31 2020 | n/a | n/a | AU$3m |
| Dec 31 2019 | n/a | n/a | AU$3m |
| Sep 30 2019 | n/a | n/a | AU$3m |
| Jun 30 2019 | AU$422k | AU$391k | 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$413k | AU$382k | AU$3m |
| Mar 31 2018 | n/a | n/a | AU$3m |
| Dec 31 2017 | n/a | n/a | AU$4m |
| Sep 30 2017 | n/a | n/a | AU$4m |
| Jun 30 2017 | AU$349k | AU$314k | AU$4m |
Compensation vs Market: Mark's total compensation ($USD353.37K) is below average for companies of similar size in the Australian market ($USD625.62K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Miocevich
29.3yrs
Tenure
AU$548,857
Compensation
Mr. Mark David Miocevich, B. App SC.(Mech Eng) FIE Aust serves as Managing Director at VEEM Ltd since 1995. Mr. Miocevich is responsible for the overall performance of VEEM and for the leadership of the ma...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 29.3yrs | AU$548.86k | 50.2% A$ 121.6m | |
| CFO & Company Secretary | 4.4yrs | AU$426.36k | 0.16% A$ 386.1k | |
| Operations Manager | less than a year | AU$306.26k | no data | |
| Global Commercial Manager | 1.1yrs | AU$259.02k | no data |
2.8yrs
Average Tenure
Experienced Management: VEE's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | no data | AU$548.86k | 50.2% A$ 121.6m | |
| Independent Non-Executive Director | 6yrs | AU$68.50k | 0.054% A$ 129.8k | |
| Non-Executive Chairman | 41.3yrs | AU$136.50k | no data | |
| Non-Executive Director | 7.8yrs | AU$68.50k | 0.039% A$ 95.6k | |
| Independent Non-Executive Director | 5.8yrs | AU$68.50k | 0.085% A$ 206.0k |
6.9yrs
Average Tenure
Experienced Board: VEE's board of directors are considered experienced (6.9 years average tenure).