Millennium Services Group Management
Management criteria checks 4/4
Millennium Services Group's CEO is Royce Galea, appointed in Feb 2022, has a tenure of 2.25 years. total yearly compensation is A$430.48K, comprised of 81.3% salary and 18.7% bonuses, including company stock and options. directly owns 14.46% of the company’s shares, worth A$7.81M. The average tenure of the management team and the board of directors is 2.3 years and 3.5 years respectively.
Key information
Royce Galea
Chief executive officer
AU$430.5k
Total compensation
| CEO salary percentage | 81.3% |
| CEO tenure | 2.3yrs |
| CEO ownership | 14.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That Millennium Services Group (ASX:MIL) Is Using Debt Extensively
Nov 07
Estimating The Intrinsic Value Of Millennium Services Group Limited (ASX:MIL)
Aug 11Is Millennium Services Group (ASX:MIL) A Risky Investment?
Jun 13When Should You Buy Millennium Services Group Limited (ASX:MIL)?
Nov 02Is Millennium Services Group (ASX:MIL) A Risky Investment?
Aug 18Why Millennium Services Group Limited (ASX:MIL) Could Be Worth Watching
May 26Is Millennium Services Group (ASX:MIL) Using Too Much Debt?
Apr 13Investors Can Find Comfort In Millennium Services Group's (ASX:MIL) Earnings Quality
Mar 03At AU$0.49, Is It Time To Put Millennium Services Group Limited (ASX:MIL) On Your Watch List?
Feb 23Estimating The Fair Value Of Millennium Services Group Limited (ASX:MIL)
Aug 02What Does Millennium Services Group Limited's (ASX:MIL) Share Price Indicate?
May 06Should You Think About Buying Millennium Services Group Limited (ASX:MIL) Now?
Jan 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$2m |
| Sep 30 2023 | n/a | n/a | AU$1m |
| Jun 30 2023 | AU$430k | AU$350k | AU$602k |
| Mar 31 2023 | n/a | n/a | AU$115k |
| Dec 31 2022 | n/a | n/a | -AU$372k |
| Sep 30 2022 | n/a | n/a | AU$925k |
| Jun 30 2022 | AU$431k | AU$350k | AU$2m |
| 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$10m |
| Jun 30 2021 | AU$499k | AU$350k | AU$17m |
| Mar 31 2021 | n/a | n/a | AU$26m |
| Dec 31 2020 | n/a | n/a | AU$34m |
| Sep 30 2020 | n/a | n/a | AU$26m |
| Jun 30 2020 | AU$323k | AU$250k | AU$17m |
| Mar 31 2020 | n/a | n/a | -AU$3m |
| Dec 31 2019 | n/a | n/a | -AU$23m |
| Sep 30 2019 | n/a | n/a | -AU$34m |
| Jun 30 2019 | AU$387k | AU$250k | -AU$46m |
| Mar 31 2019 | n/a | n/a | -AU$35m |
| Dec 31 2018 | n/a | n/a | -AU$25m |
| Sep 30 2018 | n/a | n/a | -AU$13m |
| Jun 30 2018 | AU$328k | AU$251k | -AU$747k |
| Mar 31 2018 | n/a | n/a | AU$1m |
| Dec 31 2017 | n/a | n/a | AU$4m |
| Sep 30 2017 | n/a | n/a | AU$4m |
| Jun 30 2017 | AU$276k | AU$198k | AU$5m |
Compensation vs Market: Royce's total compensation ($USD284.74K) is about average for companies of similar size in the Australian market ($USD300.74K).
Compensation vs Earnings: Royce's compensation has been consistent with company performance over the past year.
CEO
Royce Galea
2.3yrs
Tenure
AU$430,477
Compensation
Mr. Royce Joseph Galea is Interim Chief Executive Officer of Millennium Services Group Limited from February 28, 2022. He served as Executive Director of Cleaning at Millennium Services Group Limited until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 2.3yrs | AU$430.48k | 14.46% A$ 7.8m | |
| Chief Financial Officer | 1.2yrs | AU$763.94k | 0.0021% A$ 1.1k | |
| General Counsel | no data | no data | no data | |
| General Manager of People & Culture | no data | no data | no data | |
| Head of Security | no data | AU$269.75k | 14.82% A$ 8.0m | |
| Company Secretary | 5.6yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: MIL's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 5.7yrs | AU$430.48k | 14.46% A$ 7.8m | |
| Independent Non-Executive Director | 3.5yrs | AU$200.42k | 0.23% A$ 125.9k | |
| Independent Non-Executive Chairman | 3.2yrs | AU$210.92k | 0.25% A$ 137.4k |
3.5yrs
Average Tenure
Experienced Board: MIL's board of directors are considered experienced (3.5 years average tenure).