Sequoia Financial Group Management
Management criteria checks 2/4
Sequoia Financial Group's CEO is Garry Crole, appointed in Feb 2019, has a tenure of 5.25 years. total yearly compensation is A$556.90K, comprised of 84.1% salary and 15.9% bonuses, including company stock and options. directly owns 9.34% of the company’s shares, worth A$6.27M. The average tenure of the management team and the board of directors is 0.9 years and 5.2 years respectively.
Key information
Garry Crole
Chief executive officer
AU$556.9k
Total compensation
| CEO salary percentage | 84.1% |
| CEO tenure | 5.3yrs |
| CEO ownership | 9.3% |
| Management average tenure | less than a year |
| Board average tenure | 5.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$2m |
| Sep 30 2023 | n/a | n/a | -AU$3m |
| Jun 30 2023 | AU$557k | AU$468k | -AU$4m |
| Dec 31 2022 | n/a | n/a | AU$912k |
| Sep 30 2022 | n/a | n/a | AU$2m |
| Jun 30 2022 | AU$511k | AU$462k | AU$4m |
| Mar 31 2022 | n/a | n/a | AU$6m |
| Dec 31 2021 | n/a | n/a | AU$7m |
| Sep 30 2021 | n/a | n/a | AU$6m |
| Jun 30 2021 | AU$533k | AU$378k | AU$6m |
| Mar 31 2021 | n/a | n/a | AU$4m |
| Dec 31 2020 | n/a | n/a | AU$3m |
| Sep 30 2020 | n/a | n/a | AU$3m |
| Jun 30 2020 | AU$443k | AU$341k | AU$2m |
| Mar 31 2020 | n/a | n/a | AU$1m |
| Dec 31 2019 | n/a | n/a | AU$662k |
| Sep 30 2019 | n/a | n/a | -AU$170k |
| Jun 30 2019 | AU$379k | AU$327k | -AU$1m |
| Mar 31 2019 | n/a | n/a | -AU$362k |
| Dec 31 2018 | n/a | n/a | AU$276k |
| Sep 30 2018 | n/a | n/a | AU$1m |
| Jun 30 2018 | AU$173k | AU$160k | AU$2m |
| Mar 31 2018 | n/a | n/a | AU$2m |
| Dec 31 2017 | n/a | n/a | AU$864k |
| Sep 30 2017 | n/a | n/a | AU$787k |
| Jun 30 2017 | AU$15k | n/a | AU$710k |
Compensation vs Market: Garry's total compensation ($USD362.07K) is about average for companies of similar size in the Australian market ($USD293.70K).
Compensation vs Earnings: Garry's compensation has increased whilst the company is unprofitable.
CEO
Garry Crole (60 yo)
5.3yrs
Tenure
AU$556,902
Compensation
Mr. Garry Peter Crole serves as Managing Director of Sequoia Financial Group Ltd. and also serves as its Chief Executive Officer since August 2020. Mr. Crole served as an Acting Chief Executive Officer of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.3yrs | AU$556.90k | 9.34% A$ 6.3m | |
| CFO & Joint Company Secretary | 5.2yrs | AU$343.32k | 0.23% A$ 155.3k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Chief Information Officer | no data | AU$158.56k | no data | |
| Head of Legal & Risk | less than a year | no data | no data | |
| Additional Senior Compliance Manager | less than a year | no data | no data | |
| Executive VP & Chief Client Experience Officer | less than a year | no data | no data | |
| Chief Strategy & Acquisitions Officer | less than a year | no data | no data | |
| Joint Company Secretary | 1.4yrs | no data | no data |
0.9yrs
Average Tenure
Experienced Management: SEQ's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 7.5yrs | AU$556.90k | 9.34% A$ 6.3m | |
| Independent Non-Executive Director | 5.2yrs | AU$75.19k | 0.43% A$ 286.9k | |
| Non Executive Chairman | 5.2yrs | AU$120.83k | 1.72% A$ 1.2m | |
| Non-Executive Director | 5.3yrs | AU$75.19k | 0.62% A$ 416.8k |
5.2yrs
Average Tenure
Experienced Board: SEQ's board of directors are considered experienced (5.2 years average tenure).