Australian Foundation Investment Management
Management criteria checks 4/4
Australian Foundation Investment's CEO is Robert Freeman, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is A$1.71M, comprised of 53.3% salary and 46.7% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth A$1.47M. The average tenure of the management team and the board of directors is 8.3 years and 4.5 years respectively.
Key information
Robert Freeman
Chief executive officer
AU$1.7m
Total compensation
| CEO salary percentage | 53.3% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 8.3yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Most Shareholders Will Probably Agree With Australian Foundation Investment Company Limited's (ASX:AFI) CEO Compensation
Sep 26
Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's
Aug 02There's Reason For Concern Over Australian Foundation Investment Company Limited's (ASX:AFI) Price
Jun 07Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115
Jan 27Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price
Dec 26Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 28Should You Be Adding Australian Foundation Investment (ASX:AFI) To Your Watchlist Today?
May 30Does Australian Foundation Investment (ASX:AFI) Deserve A Spot On Your Watchlist?
Feb 02Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 27Australian Foundation Investment (ASX:AFI) Has Affirmed Its Dividend Of AU$0.10
Jan 27Australian Foundation Investment (ASX:AFI) Has Re-Affirmed Its Dividend Of AU$0.14
Aug 02Should Australian Foundation Investment Company Limited (ASX:AFI) Be Part Of Your Income Portfolio?
Apr 05How Should Investors Feel About Australian Foundation Investment's (ASX:AFI) CEO Remuneration?
Mar 01It Might Not Be A Great Idea To Buy Australian Foundation Investment Company Limited (ASX:AFI) For Its Next Dividend
Feb 03Did You Participate In Any Of Australian Foundation Investment's (ASX:AFI) Respectable 60% Return?
Jan 22
How Does Australian Foundation Investment Company Limited (ASX:AFI) Fare As A Dividend Stock?
Dec 27Our View On Australian Foundation Investment's (ASX:AFI) CEO Pay
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$914k | AU$296m |
| Mar 31 2024 | n/a | n/a | AU$296m |
| Dec 31 2023 | n/a | n/a | AU$296m |
| Sep 30 2023 | n/a | n/a | AU$303m |
| Jun 30 2023 | AU$2m | AU$886k | AU$310m |
| Mar 31 2023 | n/a | n/a | AU$344m |
| Dec 31 2022 | n/a | n/a | AU$378m |
| Sep 30 2022 | n/a | n/a | AU$369m |
| Jun 30 2022 | AU$2m | AU$857k | AU$361m |
| Mar 31 2022 | n/a | n/a | AU$329m |
| Dec 31 2021 | n/a | n/a | AU$297m |
| Sep 30 2021 | n/a | n/a | AU$266m |
| Jun 30 2021 | AU$1m | AU$859k | AU$235m |
| Mar 31 2021 | n/a | n/a | AU$206m |
| Dec 31 2020 | n/a | n/a | AU$178m |
| Sep 30 2020 | n/a | n/a | AU$209m |
| Jun 30 2020 | AU$1m | AU$842k | AU$240m |
| Mar 31 2020 | n/a | n/a | AU$276m |
| Dec 31 2019 | n/a | n/a | AU$312m |
| Sep 30 2019 | n/a | n/a | AU$359m |
| Jun 30 2019 | AU$1m | AU$825k | AU$406m |
| Mar 31 2019 | n/a | n/a | AU$394m |
| Dec 31 2018 | n/a | n/a | AU$382m |
| Sep 30 2018 | n/a | n/a | AU$330m |
| Jun 30 2018 | AU$1m | AU$816k | AU$279m |
Compensation vs Market: Robert's total compensation ($USD1.11M) is below average for companies of similar size in the Australian market ($USD2.71M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Freeman
6.8yrs
Tenure
AU$1,712,714
Compensation
Mr. Robert Mark Freeman, BE, MBA, Grad Dip App Fin (Sec Inst), AMP (INSEAD), serves as Managing Director of Djerriwarrh Investments Limited, AMCIL Limited and Mirrabooka Investments Limited. He serves as M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.8yrs | AU$1.71m | 0.016% A$ 1.5m | |
| CFO & Company Secretary | 19.8yrs | AU$1.07m | 0.016% A$ 1.5m | |
| General Manager of Business Development & Investor Relations | no data | AU$871.27k | 0.013% A$ 1.2m | |
| Company Secretary | 8.3yrs | AU$484.85k | 0.0011% A$ 105.0k | |
| Senior Portfolio Manager | no data | no data | no data | |
| Investment Analyst | no data | no data | no data |
8.3yrs
Average Tenure
Experienced Management: AFI's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 6.8yrs | AU$1.71m | 0.016% A$ 1.5m | |
| Independent Non-Executive Director | 12.4yrs | AU$106.50k | 0.053% A$ 5.0m | |
| Independent Non-Executive Director | less than a year | AU$47.11k | 0.00066% A$ 61.9k | |
| Independent Non Executive Chairman | 3.3yrs | AU$186.38k | 0.0054% A$ 502.3k | |
| Independent Non-Executive Director | 5.5yrs | AU$106.50k | 0.0013% A$ 118.1k | |
| Independent Non-Executive Director | 11yrs | AU$106.50k | 0.0029% A$ 273.7k | |
| Independent Non-Executive Director | 3.6yrs | AU$106.50k | 0.00044% A$ 41.2k | |
| Independent Non-Executive Director | less than a year | AU$53.25k | 0.00064% A$ 60.0k |
4.5yrs
Average Tenure
65yo
Average Age
Experienced Board: AFI's board of directors are considered experienced (4.5 years average tenure).