Australian Foundation Investment Company Limited

ASX:AFI Stock Report

Market Cap: AU$8.9b

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 6.25 years. total yearly compensation is A$1.51M, comprised of 58.6% salary and 41.4% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth A$1.36M. The average tenure of the management team and the board of directors is 7.8 years and 4 years respectively.

Key information

Robert Freeman

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage58.6%
CEO tenure6.3yrs
CEO ownership0.02%
Management average tenure7.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Jan 27
Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price

Dec 26
Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price

Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14

Jul 28
Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14

Should You Be Adding Australian Foundation Investment (ASX:AFI) To Your Watchlist Today?

May 30
Should You Be Adding Australian Foundation Investment (ASX:AFI) To Your Watchlist Today?

Does Australian Foundation Investment (ASX:AFI) Deserve A Spot On Your Watchlist?

Feb 02
Does Australian Foundation Investment (ASX:AFI) Deserve A Spot On Your Watchlist?

Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14

Jul 27
Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14

Australian Foundation Investment (ASX:AFI) Has Affirmed Its Dividend Of AU$0.10

Jan 27
Australian Foundation Investment (ASX:AFI) Has Affirmed Its Dividend Of AU$0.10

Australian Foundation Investment (ASX:AFI) Has Re-Affirmed Its Dividend Of AU$0.14

Aug 02
Australian Foundation Investment (ASX:AFI) Has Re-Affirmed Its Dividend Of AU$0.14

Should Australian Foundation Investment Company Limited (ASX:AFI) Be Part Of Your Income Portfolio?

Apr 05
Should Australian Foundation Investment Company Limited (ASX:AFI) Be Part Of Your Income Portfolio?

How Should Investors Feel About Australian Foundation Investment's (ASX:AFI) CEO Remuneration?

Mar 01
How Should Investors Feel About Australian Foundation Investment's (ASX:AFI) CEO Remuneration?

It Might Not Be A Great Idea To Buy Australian Foundation Investment Company Limited (ASX:AFI) For Its Next Dividend

Feb 03
It Might Not Be A Great Idea To Buy Australian Foundation Investment Company Limited (ASX:AFI) For Its Next Dividend

Did You Participate In Any Of Australian Foundation Investment's (ASX:AFI) Respectable 60% Return?

Jan 22
Did You Participate In Any Of Australian Foundation Investment's (ASX:AFI) Respectable 60% Return?

How Does Australian Foundation Investment Company Limited (ASX:AFI) Fare As A Dividend Stock?

Dec 27
How Does Australian Foundation Investment Company Limited (ASX:AFI) Fare As A Dividend Stock?

Our View On Australian Foundation Investment's (ASX:AFI) CEO Pay

Nov 19
Our View On Australian Foundation Investment's (ASX:AFI) CEO Pay

CEO Compensation Analysis

How has Robert Freeman's remuneration changed compared to Australian Foundation Investment's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$296m

Sep 30 2023n/an/a

AU$303m

Jun 30 2023AU$2mAU$886k

AU$310m

Mar 31 2023n/an/a

AU$344m

Dec 31 2022n/an/a

AU$378m

Sep 30 2022n/an/a

AU$369m

Jun 30 2022AU$2mAU$857k

AU$361m

Mar 31 2022n/an/a

AU$329m

Dec 31 2021n/an/a

AU$297m

Sep 30 2021n/an/a

AU$266m

Jun 30 2021AU$1mAU$859k

AU$235m

Mar 31 2021n/an/a

AU$206m

Dec 31 2020n/an/a

AU$178m

Sep 30 2020n/an/a

AU$209m

Jun 30 2020AU$1mAU$842k

AU$240m

Mar 31 2020n/an/a

AU$276m

Dec 31 2019n/an/a

AU$312m

Sep 30 2019n/an/a

AU$359m

Jun 30 2019AU$1mAU$825k

AU$406m

Mar 31 2019n/an/a

AU$394m

Dec 31 2018n/an/a

AU$382m

Sep 30 2018n/an/a

AU$330m

Jun 30 2018AU$1mAU$816k

AU$279m

Mar 31 2018n/an/a

AU$271m

Dec 31 2017n/an/a

AU$263m

Sep 30 2017n/an/a

AU$254m

Jun 30 2017AU$1mAU$807k

AU$245m

Compensation vs Market: Robert's total compensation ($USD973.27K) is below average for companies of similar size in the Australian market ($USD2.82M).

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


CEO

Robert Freeman

6.3yrs

Tenure

AU$1,511,677

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

NamePositionTenureCompensationOwnership
Robert Freeman
MD, CEO & Director6.3yrsAU$1.51m0.015%
A$ 1.4m
Andrew J. Porter
CFO & Company Secretary19.3yrsAU$967.84k0.016%
A$ 1.4m
Geoffrey Driver
General Manager of Business Development & Investor Relationsno dataAU$795.42k0.013%
A$ 1.1m
Matthew Rowe
Company Secretary7.8yrsAU$430.30k0.0011%
A$ 97.4k
David Grace
Senior Portfolio Managerno datano datano data
Kieran Kennedy
Investment Analystno datano datano data

7.8yrs

Average Tenure

Experienced Management: AFI's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Freeman
MD, CEO & Director6.3yrsAU$1.51m0.015%
A$ 1.4m
Graeme Liebelt
Independent Non-Executive Director11.8yrsAU$103.00k0.053%
A$ 4.7m
Richard Murray
Independent Non-Executive Directorless than a yearno data0.00066%
A$ 59.0k
Craig Drummond
Independent Non Executive Chairman2.8yrsAU$103.00k0.0053%
A$ 470.9k
Rebecca Dee-Bradbury
Independent Non-Executive Director4.9yrsAU$103.00k0.0012%
A$ 110.8k
David Peever
Independent Non-Executive Director10.4yrsAU$103.00k0.0029%
A$ 256.5k
Julie Fahey
Independent Non-Executive Director3yrsAU$103.00k0.00043%
A$ 38.4k
Katie Hudson
Independent Non-Executive Directorless than a yearno datano data

4.0yrs

Average Tenure

64yo

Average Age

Experienced Board: AFI's board of directors are considered experienced (4 years average tenure).


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