Veris Management

Management criteria checks 4/4

Veris' CEO is Michael Shirley, appointed in Oct 2019, has a tenure of 5.33 years. total yearly compensation is A$485.40K, comprised of 94.7% salary and 5.3% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth A$219.52K. The average tenure of the management team and the board of directors is 2.1 years and 3.7 years respectively.

Key information

Michael Shirley

Chief executive officer

AU$485.4k

Total compensation

CEO salary percentage94.7%
CEO tenure5.3yrs
CEO ownership0.9%
Management average tenure2.1yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

Further Upside For Veris Limited (ASX:VRS) Shares Could Introduce Price Risks After 29% Bounce

Oct 12
Further Upside For Veris Limited (ASX:VRS) Shares Could Introduce Price Risks After 29% Bounce

Many Still Looking Away From Veris Limited (ASX:VRS)

Aug 01
Many Still Looking Away From Veris Limited (ASX:VRS)

A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)

Jun 05
A Look At The Intrinsic Value Of Veris Limited (ASX:VRS)

Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger

May 03
Veris (ASX:VRS) Might Have The Makings Of A Multi-Bagger

We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Mar 27
We Think Veris (ASX:VRS) Can Stay On Top Of Its Debt

Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

Mar 01
Investors Aren't Entirely Convinced By Veris Limited's (ASX:VRS) Revenues

The Return Trends At Veris (ASX:VRS) Look Promising

Jan 19
The Return Trends At Veris (ASX:VRS) Look Promising

Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Mar 06
Veris' (ASX:VRS) Solid Profits Have Weak Fundamentals

Is Veris (ASX:VRS) Using Too Much Debt?

Jun 29
Is Veris (ASX:VRS) Using Too Much Debt?

Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

May 14
Veris (ASX:VRS) Has Debt But No Earnings; Should You Worry?

Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Mar 05
Should You Take Comfort From Insider Transactions At Veris Limited (ASX:VRS)?

Is Veris (ASX:VRS) Using Debt In A Risky Way?

Dec 22
Is Veris (ASX:VRS) Using Debt In A Risky Way?

CEO Compensation Analysis

How has Michael Shirley's remuneration changed compared to Veris's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$485kAU$459k

-AU$5m

Dec 31 2023n/an/a

AU$632k

Sep 30 2023n/an/a

AU$852k

Jun 30 2023AU$584kAU$496k

AU$1m

Dec 31 2022n/an/a

AU$3m

Sep 30 2022n/an/a

AU$2m

Jun 30 2022AU$581kAU$386k

AU$510k

Mar 31 2022n/an/a

-AU$2m

Dec 31 2021n/an/a

-AU$4m

Sep 30 2021n/an/a

-AU$3m

Jun 30 2021AU$411kAU$383k

-AU$2m

Dec 31 2020n/an/a

-AU$10m

Sep 30 2020n/an/a

-AU$16m

Jun 30 2020AU$343kAU$202k

-AU$23m

Compensation vs Market: Michael's total compensation ($USD304.96K) is about average for companies of similar size in the Australian market ($USD284.31K).

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


CEO

Michael Shirley

5.3yrs

Tenure

AU$485,399

Compensation

Dr. Michael J. Shirley, BSc (Hons), Ph D., serves as Chief Executive Officer of Veris Limited since October 29, 2019 and serves as its Managing Director since June 1, 2022. He is Director at Veris Limited...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Shirley
CEO, MD & Director5.3yrsAU$485.40k0.90%
A$ 219.5k
Steven Harding
CFO & Interim Company Secretary4.8yrsAU$386.56k0.26%
A$ 64.4k
Angus O. Leitch
Chief Operating Officerless than a yearAU$105.70kno data
Sonya Gomes
General Manager of People & Culture2.1yrsno datano data
Roze Maravillas
Chief Strategy Officer1.1yrsno datano data

2.1yrs

Average Tenure

Experienced Management: VRS's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Shirley
CEO, MD & Director2.7yrsAU$485.40k0.90%
A$ 219.5k
Karl Paganin
Independent Non-Executive Chairman9.3yrsAU$115.00k3.93%
A$ 960.0k
David Murray
Independent Non-Executive Director3.7yrsAU$70.00k0.88%
A$ 216.0k
Brian Elton
Non-Executive Director6.9yrsAU$70.00k7.8%
A$ 1.9m
Jason Waller
Non-Independent Non-Executive Directorless than a yearno datano data

3.7yrs

Average Tenure

Experienced Board: VRS's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 22:44
End of Day Share Price 2025/02/07 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

Veris Limited is covered by 3 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.

AnalystInstitution
Josh KannourakisEL&C Baillieu
Michael YouldenMST Financial Services Pty Limited
Conrad MulherinStifel Canada