Simonds Group Management

Management criteria checks 3/4

Simonds Group's CEO is David McKeown, appointed in Nov 2023, has a tenure of 1.17 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 3.3 years and 5.4 years respectively.

Key information

David McKeown

Chief executive officer

AU$616.1k

Total compensation

CEO salary percentage88.7%
CEO tenure1.2yrs
CEO ownership0.08%
Management average tenure3.3yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

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 ($USD382.95K) is above average for companies of similar size in the Australian market ($USD283.29K).

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


CEO

David McKeown

1.2yrs

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 Chairman8.8yrsAU$852.76k0.0039%
A$ 2.0k
David McKeown
Chief Executive Officer1.2yrsAU$616.09k0.081%
A$ 40.6k
Bertus Strydom
Executive General Manager of Finance & CFO2.6yrsAU$282.36kno data
Mark Simonds
Executive Director7.3yrsAU$115.24k0.016%
A$ 7.9k
Vallence Simonds
Founder & Senior Company Advisor7.3yrsAU$51.76k18.03%
A$ 9.1m
Joanne Barber
Chief Human Resources Officer8.5yrsno datano data
Kelvin Ryan
Special Advisor4yrsAU$1.05m0.46%
A$ 230.8k
Amanda Jones
Company Secretary2.6yrsno datano data

3.3yrs

Average Tenure

Experienced Management: SIO's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rhett Simonds
Executive Chairman8.8yrsAU$852.76k0.0039%
A$ 2.0k
Mark Simonds
Executive Director7.3yrsAU$115.24k0.016%
A$ 7.9k
Richard Grellman
Independent Non-Executive Director1.7yrsAU$133.20kno data
Piers O'Brien
Non-Executive Director7.3yrsAU$96.30kno data
Andrew Bloore
Non-Executive Director3.5yrsAU$121.64k0.24%
A$ 118.8k
David Denny
Independent Non-Executive Director3.2yrsAU$96.30kno data

5.4yrs

Average Tenure

Experienced Board: SIO's board of directors are considered experienced (5.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 18:04
End of Day Share Price 2024/12/06 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 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.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Scott MurdochMorgans Financial Limited