Australian Finance Group Limited

ASX:AFG Stock Report

Market Cap: AU$410.2m

Australian Finance Group Management

Management criteria checks 3/4

Australian Finance Group's CEO is David Bailey, appointed in Jun 2017, has a tenure of 6.83 years. total yearly compensation is A$1.13M, comprised of 52.8% salary and 47.2% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth A$3.11M. The average tenure of the management team and the board of directors is 1.4 years and 8.6 years respectively.

Key information

David Bailey

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage52.8%
CEO tenure6.8yrs
CEO ownership0.8%
Management average tenure1.4yrs
Board average tenure8.6yrs

Recent management updates

We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Nov 18
We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Recent updates

Australian Finance Group's (ASX:AFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Mar 02
Australian Finance Group's (ASX:AFG) Shareholders Will Receive A Smaller Dividend Than Last Year

Investors Aren't Buying Australian Finance Group Limited's (ASX:AFG) Earnings

Feb 08
Investors Aren't Buying Australian Finance Group Limited's (ASX:AFG) Earnings

Australian Finance Group (ASX:AFG) Is Paying Out Less In Dividends Than Last Year

Aug 30
Australian Finance Group (ASX:AFG) Is Paying Out Less In Dividends Than Last Year

Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Aug 26
Australian Finance Group Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Nov 18
We Think Shareholders Are Less Likely To Approve A Pay Rise For Australian Finance Group Limited's (ASX:AFG) CEO For Now

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To A$0.096

Aug 29
Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To A$0.096

Australian Finance Group's (ASX:AFG) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
Australian Finance Group's (ASX:AFG) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why We Think Australian Finance Group Limited's (ASX:AFG) CEO Compensation Looks Fair for the time being

Nov 19
Here's Why We Think Australian Finance Group Limited's (ASX:AFG) CEO Compensation Looks Fair for the time being

Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To AU$0.074

Sep 03
Australian Finance Group (ASX:AFG) Is Increasing Its Dividend To AU$0.074

Here's What You Should Know About Australian Finance Group Limited's (ASX:AFG) 4.1% Dividend Yield

Mar 26
Here's What You Should Know About Australian Finance Group Limited's (ASX:AFG) 4.1% Dividend Yield

Should You Take Comfort From Insider Transactions At Australian Finance Group Limited (ASX:AFG)?

Feb 19
Should You Take Comfort From Insider Transactions At Australian Finance Group Limited (ASX:AFG)?

What Kind Of Investors Own Most Of Australian Finance Group Limited (ASX:AFG)?

Jan 29
What Kind Of Investors Own Most Of Australian Finance Group Limited (ASX:AFG)?

Does Australian Finance Group's (ASX:AFG) CEO Salary Compare Well With Industry Peers?

Jan 08
Does Australian Finance Group's (ASX:AFG) CEO Salary Compare Well With Industry Peers?

Key Things To Consider Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Dec 18
Key Things To Consider Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Australian Finance Group (ASX:AFG) Has Gifted Shareholders With A Fantastic 230% Total Return On Their Investment

Nov 27
Australian Finance Group (ASX:AFG) Has Gifted Shareholders With A Fantastic 230% Total Return On Their Investment

Read This Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Aug 12
Read This Before Buying Australian Finance Group Limited (ASX:AFG) For Its Dividend

Is Australian Finance Group Limited (ASX:AFG) A Good Fit For Your Dividend Portfolio?

Aug 12
Is Australian Finance Group Limited (ASX:AFG) A Good Fit For Your Dividend Portfolio?

Have Insiders Been Selling Australian Finance Group Limited (ASX:AFG) Shares?

Jul 17
Have Insiders Been Selling Australian Finance Group Limited (ASX:AFG) Shares?

CEO Compensation Analysis

How has David Bailey's remuneration changed compared to Australian Finance Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$30m

Sep 30 2023n/an/a

AU$34m

Jun 30 2023AU$1mAU$598k

AU$37m

Mar 31 2023n/an/a

AU$34m

Dec 31 2022n/an/a

AU$31m

Sep 30 2022n/an/a

AU$35m

Jun 30 2022AU$2mAU$577k

AU$39m

Mar 31 2022n/an/a

AU$48m

Dec 31 2021n/an/a

AU$56m

Sep 30 2021n/an/a

AU$54m

Jun 30 2021AU$1mAU$551k

AU$51m

Mar 31 2021n/an/a

AU$48m

Dec 31 2020n/an/a

AU$45m

Sep 30 2020n/an/a

AU$41m

Jun 30 2020AU$1mAU$551k

AU$38m

Mar 31 2020n/an/a

AU$36m

Dec 31 2019n/an/a

AU$35m

Sep 30 2019n/an/a

AU$34m

Jun 30 2019AU$1mAU$540k

AU$33m

Mar 31 2019n/an/a

AU$33m

Dec 31 2018n/an/a

AU$33m

Sep 30 2018n/an/a

AU$33m

Jun 30 2018AU$914kAU$529k

AU$33m

Mar 31 2018n/an/a

AU$38m

Dec 31 2017n/an/a

AU$42m

Sep 30 2017n/an/a

AU$41m

Jun 30 2017AU$653kAU$394k

AU$39m

Compensation vs Market: David's total compensation ($USD740.14K) is about average for companies of similar size in the Australian market ($USD641.19K).

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


CEO

David Bailey

6.8yrs

Tenure

AU$1,132,711

Compensation

Mr. David Bailey has been Chief Executive Officer at Australian Finance Group Ltd. since June 16, 2017 and served as its Chief Operating Officer since October 2015 and also served as its Chief Financial Of...


Leadership Team

NamePositionTenureCompensationOwnership
David Bailey
Chief Executive Officer6.8yrsAU$1.13m0.76%
A$ 3.1m
Malcolm Watkins
Co-Founder & Non-Executive Directorno dataAU$120.00k5.96%
A$ 24.5m
Luca Pietropiccolo
Chief Financial Officer1.5yrsAU$470.51kno data
Lisa Bevan
Chief Operating Officerless than a yearAU$492.05k5.99%
A$ 24.6m
Brad Wearn
Chief Technology Officerless than a yearno datano data
Michelle Palethorpe
Company Secretary & General Counsel5.3yrsno datano data
Shirley Elliot
Head of Compliance & Legal Counsel1.3yrsno datano data
Alison Clarke
Head of Corporate Communicationsno datano datano data
Jonathan Amery
Chief Marketing Officer4.9yrsno datano data
Them Lam
Head of Sales and Distributionless than a yearno datano data
Rebecca Gravestock
Chief People Officerless than a yearno datano data
Anthony Bird
Chief Risk Officer5.5yrsno datano data

1.4yrs

Average Tenure

Experienced Management: AFG's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Malcolm Watkins
Co-Founder & Non-Executive Director26.3yrsAU$120.00k5.96%
A$ 24.5m
Brett McKeon
Co-Founder & Non-Executive Director27.8yrsAU$120.00k6.03%
A$ 24.7m
Annette King
Independent Non-Executive Director2.2yrsAU$120.00k0.037%
A$ 151.5k
Greg Medcraft
Independent Non-Executive Chair2.6yrsAU$139.95k0.041%
A$ 166.7k
Craig Carter
Independent Non-Executive Director9.1yrsAU$120.00k0.52%
A$ 2.1m
Jane Muirsmith
Independent Non-Executive Director8.1yrsAU$120.00k0.047%
A$ 192.1k

8.6yrs

Average Tenure

Experienced Board: AFG's board of directors are considered experienced (8.6 years average tenure).


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