Simonds Group Management
Management criteria checks 3/4
Simonds Group's CEO is David McKeown, appointed in Nov 2023, has a tenure of 1.08 years. total yearly compensation is A$616.09K, comprised of 88.7% salary and 11.3% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth A$40.62K. The average tenure of the management team and the board of directors is 3.2 years and 5.3 years respectively.
Key information
David McKeown
Chief executive officer
AU$616.1k
Total compensation
| CEO salary percentage | 88.7% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.2yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Is Simonds Group (ASX:SIO) Using Debt In A Risky Way?
Dec 07
Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal
Sep 30Is Simonds Group Limited's (ASX:SIO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 22The Simonds Group (ASX:SIO) Share Price Has Gained 39% And Shareholders Are Hoping For More
Jan 25
Have Insiders Been Buying Simonds Group Limited (ASX:SIO) Shares?
Dec 24Is Simonds Group Limited's(ASX:SIO) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jul 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$616k | AU$546k | AU$3m |
| Mar 31 2024 | n/a | n/a | -AU$3m |
| Dec 31 2023 | n/a | n/a | -AU$10m |
| Sep 30 2023 | n/a | n/a | -AU$17m |
| Jun 30 2023 | AU$511k | AU$214k | -AU$23m |
Compensation vs Market: David's total compensation ($USD383.26K) is above average for companies of similar size in the Australian market ($USD288.21K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David McKeown
1.1yrs
Tenure
AU$616,093
Compensation
Mr. David McKeown was Chief Financial Officer of Simonds Group Limited from January 19, 2023 and also serve as its Chief Executive Officer since November 03, 2023. Mr. McKeown is a Chartered Accountant wit...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.7yrs | AU$852.76k | 0.0039% A$ 2.0k | |
| Chief Executive Officer | 1.1yrs | AU$616.09k | 0.081% A$ 40.6k | |
| Executive General Manager of Finance & CFO | 2.5yrs | AU$282.36k | no data | |
| Executive Director | 7.3yrs | AU$115.24k | 0.016% A$ 7.9k | |
| Founder & Senior Company Advisor | 7.3yrs | AU$51.76k | 18.03% A$ 9.1m | |
| Chief Human Resources Officer | 8.4yrs | no data | no data | |
| Special Advisor | 3.9yrs | AU$1.05m | 0.46% A$ 230.8k | |
| Company Secretary | 2.5yrs | no data | no data |
3.2yrs
Average Tenure
Experienced Management: SIO's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.7yrs | AU$852.76k | 0.0039% A$ 2.0k | |
| Executive Director | 7.3yrs | AU$115.24k | 0.016% A$ 7.9k | |
| Independent Non-Executive Director | 1.6yrs | AU$133.20k | no data | |
| Non-Executive Director | 7.3yrs | AU$96.30k | no data | |
| Non-Executive Director | 3.4yrs | AU$121.64k | 0.24% A$ 118.8k | |
| Independent Non-Executive Director | 3.1yrs | AU$96.30k | no data |
5.3yrs
Average Tenure
Experienced Board: SIO'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 | 2024/12/31 17:19 |
| End of Day Share Price | 2024/12/16 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 here.
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 .
Analyst Sources
Simonds Group Limited is covered by 2 analysts. 0 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 |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Scott Murdoch | Morgans Financial Limited |