Diverger Management

Management criteria checks 3/4

Diverger's CEO is Nathan Jacobsen, appointed in Feb 2021, has a tenure of 3.08 years. total yearly compensation is A$630.42K, comprised of 64.8% salary and 35.2% bonuses, including company stock and options. directly owns 1.98% of the company’s shares, worth A$979.03K. The average tenure of the management team and the board of directors is 9 years and 3.1 years respectively.

Key information

Nathan Jacobsen

Chief executive officer

AU$630.4k

Total compensation

CEO salary percentage	64.8%
CEO tenure	3.1yrs
CEO ownership	2.0%
Management average tenure	9yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02

Feb 26

The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their Holding

Feb 23

Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?

Jan 25

Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming Dividend

Dec 18

Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?

Sep 01

CEO Compensation Analysis

How has Nathan Jacobsen's remuneration changed compared to Diverger's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$548k
Sep 30 2023	n/a	n/a	AU$2m
Jun 30 2023	AU$630k	AU$408k	AU$3m
Mar 31 2023	n/a	n/a	AU$3m
Dec 31 2022	n/a	n/a	AU$3m
Sep 30 2022	n/a	n/a	AU$3m
Jun 30 2022	AU$582k	AU$376k	AU$4m
Dec 31 2021	n/a	n/a	AU$3m
Sep 30 2021	n/a	n/a	AU$3m
Jun 30 2021	AU$432k	AU$151k	AU$3m

Compensation vs Market: Nathan's total compensation ($USD411.20K) is above average for companies of similar size in the Australian market ($USD300.74K).

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

CEO

Nathan Jacobsen

3.1yrs

Tenure

AU$630,415

Compensation

Mr. Nathan Jacobsen serves as the Managing Director & Director at Diverger Limited (formerly known as Easton Investments Limited) since February 01, 2021. Mr. Jacobsen is a senior executive with HUB24 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nathan Jacobsen	MD & Director	3.1yrs	AU$630.42k	1.98% A$ 979.0k
Michael Harris	CFO & Joint Company Secretary	9yrs	AU$456.82k	no data
Lisa Armstrong	Managing Director of Accounting Solutions	no data	AU$379.20k	0.75% A$ 371.5k
Mark Licciardo	Joint Company Secretary	12.3yrs	AU$44.89k	no data

9.0yrs

Average Tenure

Experienced Management: DVR's management team is seasoned and experienced (9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nathan Jacobsen	MD & Director	3.1yrs	AU$630.42k	1.98% A$ 979.0k
Grahame Evans	Chairman of Wealth Services & Non-Executive Director	6.6yrs	AU$345.50k	1.94% A$ 958.0k
Carl Scarcella	Independent Non-Executive Director	9.8yrs	AU$91.31k	0.71% A$ 352.7k
Anthony McDonald	Non-Executive Director	3.1yrs	AU$77.15k	0.29% A$ 141.1k
Peter Brook	Independent Non-Executive Chairman	2.3yrs	AU$128.92k	0.51% A$ 250.2k

3.1yrs

Average Tenure

64yo

Average Age

Experienced Board: DVR's board of directors are considered experienced (3.1 years average tenure).

Diverger Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold AU$529k worth of stock

Insider recently sold AU$1.0m worth of stock

Insider recently sold AU$462k worth of stock

Diverger Limited, Annual General Meeting, Nov 20, 2023

Less than half of directors are independent

Insider recently sold AU$227k worth of stock

Recent updates

First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)

New minor risk - Shareholder dilution

Insider recently sold AU$529k worth of stock

Upcoming dividend of AU$0.10 per share at 4.4% yield

Insider recently sold AU$1.0m worth of stock

Upcoming dividend of AU$0.02 per share at 4.3% yield

Diverger Limited Declares Fully Franked Special Dividend, Payable on 1 March 2024

Insider recently sold AU$462k worth of stock

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 22%

Upcoming dividend of AU$0.035 per share at 6.0% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Diverger Limited, Annual General Meeting, Nov 20, 2023

Now 20% undervalued after recent price drop

Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million.

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.02 per share at 6.2% yield

Now 20% undervalued after recent price drop

Less than half of directors are independent

Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02

First half 2023 earnings released: EPS: AU$0.032 (vs AU$0.042 in 1H 2022)

Diverger Limited (ASX:DVR) acquired Priority Networking Pty Ltd for AUD 2.7 million.

Now 20% undervalued after recent price drop

Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million.

Now 23% undervalued

Insider recently sold AU$227k worth of stock

Upcoming dividend of AU$0.035 per share

Diverger Limited Provides an Update to Increase of Final Dividend to A Period of Twelve Months Ended 30/6/2022, Payment Date of 27/9/2022

Full year 2022 earnings released: EPS: AU$0.095 (vs AU$0.077 in FY 2021)

Diverger Limited, Annual General Meeting, Nov 11, 2022

Independent Non-Executive Director recently bought AU$50k worth of stock

Upcoming dividend of AU$0.015 per share

Diverger Limited Announces Ordinary Fully Paid Distribution for the Six Months Ended December 31, 2021, Payable on April 26, 2022

Insider recently sold AU$218k worth of stock

Upcoming dividend of AU$0.025 per share

Full year 2021 earnings released: EPS AU$0.077 (vs AU$0.043 in FY 2020)

Non-Executive Director John Hayes has left the company

Upcoming dividend of AU$0.015 per share

MD & Director recently bought AU$53k worth of stock

HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others.

The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their Holding

First half 2021 earnings released: EPS AU$0.05 (vs AU$0.022 in 1H 2020)

New 90-day high: AU$1.30

Easton Investments Limited (ASX:EAS) acquired Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million.

Easton Investments Limited Appoints Nathan Jacobsen as Managing Director

Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?

Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming Dividend

New 90-day high: AU$1.23

Easton Investments Limited Announces Change of Joint Company Secretary

New 90-day high: AU$1.17

Sequoia Financial Group Limited (ASX:SEQ) signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million.

An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million.

Independent Non-Executive Director recently bought AU$55k worth of stock

Easton Investments Limited Announces Management Changes

New 90-day high: AU$1.14

Market bids up stock over the past week

New 90-day high: AU$0.89

Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd.

Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?

Full year earnings released - EPS AU$0.043

Easton Investments Limited to Report Fiscal Year 2020 Results on Aug 27, 2020

An unknown buyer acquired 25% stake in First Financial Pty Ltd from Easton Investments Limited (ASX:EAS).

Greg Hayes and an unknown buyer agreed to acquire additional 33.3% stake in Hayes Knight (NSW) Pty Limited from Easton Investments Limited (ASX:EAS) for AUD 2.5 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team