Close the Loop Ltd

ASX:CLG Stock Report

Market Cap: AU$119.7m

Close the Loop Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Joe Foster

Chief executive officer

AU$756.7k

Total compensation

CEO salary percentage52.9%
CEO tenure3yrs
CEO ownership12.2%
Management average tenure3yrs
Board average tenure3yrs

Recent management updates

Recent updates

Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Nov 19
Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Aug 27
Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Apr 25
Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Dec 29
Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

May 03
Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Mar 02
We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Jan 11
Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

Oct 04
Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

CEO Compensation Analysis

How has Joe Foster's remuneration changed compared to Close the Loop's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$757kAU$400k

AU$11m

Mar 31 2024n/an/a

AU$12m

Dec 31 2023n/an/a

AU$13m

Sep 30 2023n/an/a

AU$13m

Jun 30 2023AU$581kAU$308k

AU$12m

Mar 31 2023n/an/a

AU$10m

Dec 31 2022n/an/a

AU$8m

Sep 30 2022n/an/a

AU$6m

Jun 30 2022AU$296kAU$201k

AU$5m

Mar 31 2022n/an/a

AU$4m

Dec 31 2021n/an/a

AU$3m

Sep 30 2021n/an/a

AU$4m

Jun 30 2021AU$168kAU$80k

AU$4m

Compensation vs Market: Joe's total compensation ($USD491.77K) is above average for companies of similar size in the Australian market ($USD297.98K).

Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Joe Foster

3yrs

Tenure

AU$756,736

Compensation

Mr. Joe Foster is Co-Founder of O F Packaging Pty Ltd and serves as its Managing Director.

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Foster
CEO & Executive Director3yrsAU$756.74k12.22%
A$ 14.6m
Marc Lichtenstein
CFO, Company Secretary & Executive Director7.3yrsAU$702.53k0.85%
A$ 1.0m
Lawrence Jaffe
Chief Commercial Officer & Executive Director3yrsAU$645.26k1.29%
A$ 1.5m
Michael Welton
Chief Executive Officer of North Americaless than a yearAU$321.11k0.21%
A$ 253.1k
Stephen Morriss
Founder23.8yrsno datano data

3.0yrs

Average Tenure

Experienced Management: CLG's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Foster
CEO & Executive Director3yrsAU$756.74k12.22%
A$ 14.6m
Marc Lichtenstein
CFO, Company Secretary & Executive Director3.1yrsAU$702.53k0.85%
A$ 1.0m
Lawrence Jaffe
Chief Commercial Officer & Executive Director3yrsAU$645.26k1.29%
A$ 1.5m
Gregory Toll
Independent Non-Executive Chairman7yrsAU$90.00k0.68%
A$ 810.0k
Grant Carman
Independent Non-Executive Director3yrsAU$40.00k0.24%
A$ 281.3k
Sammy Saloum
Directorless than a yearAU$23.33k8.48%
A$ 10.2m

3.0yrs

Average Tenure

Experienced Board: CLG's board of directors are considered experienced (3 years average tenure).