Netwealth Group Limited

ASX:NWL Stock Report

Mkt Cap: AU$3.3b

Netwealth Group Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure

CEO

Matt Heine

18.92yrs

Tenure

AU$1,391,102

Compensation

Mr. Matthew Alexander Max Heine, also known as Matt, has been Managing Director of Netwealth Group Limited since October 1, 2022 and its Director since March 2004. Mr. Heine served as a Joint Managing Dire...

CEO Compensation Analysis

How has Matt Heine's remuneration changed compared to Netwealth Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022AU$1mAU$723k

AU$56m

Mar 31 2022n/an/a

AU$55m

Dec 31 2021n/an/a

AU$54m

Sep 30 2021n/an/a

AU$54m

Jun 30 2021AU$1mAU$478k

AU$54m

Mar 31 2021n/an/a

AU$52m

Dec 31 2020n/an/a

AU$51m

Sep 30 2020n/an/a

AU$47m

Jun 30 2020AU$821kAU$479k

AU$44m

Dec 31 2019n/an/a

AU$39m

Sep 30 2019n/an/a

AU$37m

Jun 30 2019AU$705kAU$479k

AU$35m

Dec 31 2018n/an/a

AU$30m

Sep 30 2018n/an/a

AU$25m

Jun 30 2018AU$671kAU$480k

AU$20m

Compensation vs Market: Matt's total compensation ($USD959.98K) is below average for companies of similar size in the Australian market ($USD1.64M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% in the past year.

Leadership Team

NamePositionTenureCompensationOwnership
Matthew Alexander Heine
MD & Director0.33yrAU$1.39m1.53%
A$ 50.3m
Grant Boyle
CFO & Joint Company Secretary5.75yrsAU$621.73k0.039%
A$ 1.3m
Michael Heine
Executive Director0.33yrAU$65.38k51.08%
A$ 1.7b
John Hanrahan
Chief Information Officerno datano datano data
Damian Holland
General Manager of Sales & Distributionno datano datano data
Nick Mitchell
Head of Distributionno datano datano data
Lindsay Coates
Head of Strategic Accountsno datano datano data
Naomi Finnigan
Head of Investment Solutionsno datano datano data

0.3yrs

Average Tenure

Experienced Management: NWL's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Matthew Alexander Heine
MD & Director18.92yrsAU$1.39m1.53%
A$ 50.3m
Michael Heine
Executive Director24.08yrsAU$65.38k51.08%
A$ 1.7b
Timothy Antonie
Independent Non-Executive Chairman7.25yrsAU$250.00k0.043%
A$ 1.4m
Davyd Lewis
Independent Non-Executive Director13.58yrsAU$197.50k0.065%
A$ 2.1m
Sally Freeman
Independent Non-Executive Director3.33yrsAU$165.00k0.0039%
A$ 128.0k
Kate Temby
Independent Non-Executive Director2yrsAU$145.00k0.0012%
A$ 40.4k

10.4yrs

Average Tenure

Experienced Board: NWL's board of directors are seasoned and experienced ( 10.4 years average tenure).