Simonds Group Limited

ASX:SIO Stock Report

Market Cap: AU$54.0m

Simonds Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

David McKeown

Chief executive officer

AU$616.1k

Total compensation

CEO salary percentage88.7%
CEO tenureless than a year
CEO ownership0.08%
Management average tenure3.1yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Is Simonds Group (ASX:SIO) Using Debt In A Risky Way?

Dec 07
Is Simonds Group (ASX:SIO) Using Debt In A Risky Way?

Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal

Sep 30
Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal

Is Simonds Group Limited's (ASX:SIO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Feb 22
Is Simonds Group Limited's (ASX:SIO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

The Simonds Group (ASX:SIO) Share Price Has Gained 39% And Shareholders Are Hoping For More

Jan 25
The Simonds Group (ASX:SIO) Share Price Has Gained 39% And Shareholders Are Hoping For More

Have Insiders Been Buying Simonds Group Limited (ASX:SIO) Shares?

Dec 24
Have Insiders Been Buying Simonds Group Limited (ASX:SIO) Shares?

Is Simonds Group Limited's(ASX:SIO) Recent Stock Performance Tethered To Its Strong Fundamentals?

Jul 13
Is Simonds Group Limited's(ASX:SIO) Recent Stock Performance Tethered To Its Strong Fundamentals?

CEO Compensation Analysis

How has David McKeown's remuneration changed compared to Simonds Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$616kAU$546k

AU$3m

Mar 31 2024n/an/a

-AU$3m

Dec 31 2023n/an/a

-AU$10m

Sep 30 2023n/an/a

-AU$17m

Jun 30 2023AU$511kAU$214k

-AU$23m

Compensation vs Market: David's total compensation ($USD401.60K) is above average for companies of similar size in the Australian market ($USD298.50K).

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

CEO

David McKeown

less than a year

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

NamePositionTenureCompensationOwnership
Rhett Simonds
Executive Chairman8.6yrsAU$852.76k0.0039%
A$ 2.1k
David McKeown
Chief Executive Officerless than a yearAU$616.09k0.081%
A$ 43.5k
Bertus Strydom
Executive General Manager of Finance & CFO2.4yrsAU$282.36kno data
Mark Simonds
Executive Director7.2yrsAU$115.24k0.016%
A$ 8.5k
Vallence Simonds
Founder & Senior Company Advisor7.2yrsAU$51.76k18.03%
A$ 9.7m
Joanne Barber
Chief Human Resources Officer8.3yrsno datano data
Kelvin Ryan
Special Advisor3.8yrsAU$1.05m0.46%
A$ 247.3k
Amanda Jones
Company Secretary2.4yrsno datano data

3.1yrs

Average Tenure

Experienced Management: SIO's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rhett Simonds
Executive Chairman8.6yrsAU$852.76k0.0039%
A$ 2.1k
Mark Simonds
Executive Director7.2yrsAU$115.24k0.016%
A$ 8.5k
Richard Grellman
Independent Non-Executive Director1.5yrsAU$133.20kno data
Piers O'Brien
Non-Executive Director7.2yrsAU$96.30kno data
Andrew Bloore
Non-Executive Director3.3yrsAU$121.64k0.24%
A$ 127.3k
David Denny
Independent Non-Executive Director3yrsAU$96.30kno data

5.3yrs

Average Tenure

Experienced Board: SIO's board of directors are considered experienced (5.3 years average tenure).