Mayfield Childcare Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ashok Naveinthiran

Chief executive officer

AU$290.9k

Total compensation

CEO salary percentage	90.2%
CEO tenure	1.8yrs
CEO ownership	n/a
Management average tenure	1.3yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ashok Naveinthiran's remuneration changed compared to Mayfield Childcare's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$291k	AU$263k	-AU$1m
Sep 30 2023	n/a	n/a	-AU$71k
Jun 30 2023	n/a	n/a	AU$1m
Mar 31 2023	n/a	n/a	AU$3m
Dec 31 2022	AU$210k	AU$73k	AU$5m

Compensation vs Market: Ashok's total compensation ($USD191.48K) is below average for companies of similar size in the Australian market ($USD294.64K).

Compensation vs Earnings: Ashok's compensation has increased whilst the company is unprofitable.

CEO

Ashok Naveinthiran

1.8yrs

Tenure

AU$290,875

Compensation

Mr. Ashok Naveinthiran serves as Executive Director of Mayfield Childcare Limited since August 22, 2022 and also serves as its Chief Executive Officer and Managing Director. He has Group extensive experien...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ashok Naveinthiran	CEO, MD & Executive Director	1.8yrs	AU$290.88k	no data
Christopher Hayes	Chief Financial Officer	less than a year	AU$317.00k	no data
Simone Lethaus	Head of Quality & Compliance	1.8yrs	no data	no data
Francis Truong	Head of Marketing & Communications	1.6yrs	no data	no data
Michelle Scott	Head of Childcare Operations	1.3yrs	no data	no data
Tamara Barr	Company Secretary	less than a year	no data	no data
Scott Conway	Financial Controller	less than a year	no data	no data

1.3yrs

Average Tenure

Experienced Management: MFD's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ashok Naveinthiran	CEO, MD & Executive Director	1.8yrs	AU$290.88k	no data
Roseanne Healy	Independent Non-Executive Director	less than a year	AU$9.91k	no data
David Niall	Independent Non-Executive Chairman	2.4yrs	AU$80.91k	0.035% A$ 15.9k

1.8yrs

Average Tenure

Experienced Board: MFD's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Mayfield Childcare Management

Management criteria checks 1/4

Key information

Recent management updates

Mayfield Childcare Limited, Annual General Meeting, May 30, 2024

Mayfield Childcare Limited, Annual General Meeting, May 30, 2024

Mayfield Childcare Limited Announces Executive Changes

High number of new and inexperienced directors

Mayfield Childcare Limited Announces Resignation of Lubna Matta as Non-Executive Director, Effective 30 September 2023

Mayfield Childcare Limited Announces of Appointment of Chris Hayes as Chief Financial Officer

Recent updates

Mayfield Childcare Limited, Annual General Meeting, May 30, 2024

Mayfield Childcare Limited, Annual General Meeting, May 30, 2024

Now 22% undervalued

Full year 2023 earnings released: AU$0.022 loss per share (vs AU$0.076 profit in FY 2022)

Mayfield Childcare Limited Announces Executive Changes

High number of new and inexperienced directors

Mayfield Childcare Limited Does Not Declare an Interim Dividend for the Half-Year Ended June 30, 2023

Mayfield Childcare Limited Does Not Declare an Interim Dividend for the Half-Year Ended June 30, 2023

Mayfield Childcare Limited Announces Resignation of Lubna Matta as Non-Executive Director, Effective 30 September 2023

Mayfield Childcare Limited Announces of Appointment of Chris Hayes as Chief Financial Officer

Mayfield Childcare Limited (ASX:MFD) acquired Two childcare centres in Sandringham and Home Hill from Genius Childcare Pty Ltd for AUD 2.4 million.

Mayfield Childcare Limited Announces Resignation of Glenn Raines as Chief Financial Officer

Full year 2022 earnings released: EPS: AU$0.076 (vs AU$0.065 in FY 2021)

High number of new and inexperienced directors

Full year 2022 earnings released: EPS: AU$0.079 (vs AU$0.075 in FY 2021)

Mayfield Childcare Limited (ASX:MFD) agreed to acquire Childcare centre in Queensland for AUD 1.07 million.

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improved over the past week

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Less than half of directors are independent

Mayfield Childcare Limited Appoints Ashok Naveinthiran as Director

Mayfield Childcare Limited Announces Executive Changes

Mayfield Childcare Limited Announces Fully Franked Interim Dividend for the Six Months Ended June 30, 2022, Payable in September 23, 2022

Less than half of directors are independent

Mayfield Childcare Limited, Annual General Meeting, Apr 27, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Mayfield Childcare Limited Announces Franked Dividend for the Year Ended December 31, 2021, Payable on April 4, 2022

No independent directors

No independent directors

Mayfield Childcare Limited (ASX:MFD) acquired 14 Genius Learning childcare centres for AUD 39.2 million.

No independent directors

No independent directors

No independent directors

Mayfield Childcare Limited Provides Earnings Guidance for the Full Year 2021

Mayfield Childcare Limited, Annual General Meeting, Mar 31, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure