Australian Finance Group Management

Management criteria checks 3/4

Australian Finance Group's CEO is David Bailey, appointed in Jun 2017, has a tenure of 6.92 years. total yearly compensation is A$1.13M, comprised of 52.8% salary and 47.2% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth A$3.06M. The average tenure of the management team and the board of directors is 1.5 years and 8.7 years respectively.

Key information

David Bailey

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	52.8%
CEO tenure	6.9yrs
CEO ownership	0.8%
Management average tenure	1.5yrs
Board average tenure	8.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Bailey's remuneration changed compared to Australian Finance Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$30m
Sep 30 2023	n/a	n/a	AU$34m
Jun 30 2023	AU$1m	AU$598k	AU$37m
Mar 31 2023	n/a	n/a	AU$34m
Dec 31 2022	n/a	n/a	AU$31m
Sep 30 2022	n/a	n/a	AU$35m
Jun 30 2022	AU$2m	AU$577k	AU$39m
Mar 31 2022	n/a	n/a	AU$48m
Dec 31 2021	n/a	n/a	AU$56m
Sep 30 2021	n/a	n/a	AU$54m
Jun 30 2021	AU$1m	AU$551k	AU$51m
Mar 31 2021	n/a	n/a	AU$48m
Dec 31 2020	n/a	n/a	AU$45m
Sep 30 2020	n/a	n/a	AU$41m
Jun 30 2020	AU$1m	AU$551k	AU$38m
Mar 31 2020	n/a	n/a	AU$36m
Dec 31 2019	n/a	n/a	AU$35m
Sep 30 2019	n/a	n/a	AU$34m
Jun 30 2019	AU$1m	AU$540k	AU$33m
Mar 31 2019	n/a	n/a	AU$33m
Dec 31 2018	n/a	n/a	AU$33m
Sep 30 2018	n/a	n/a	AU$33m
Jun 30 2018	AU$914k	AU$529k	AU$33m
Mar 31 2018	n/a	n/a	AU$38m
Dec 31 2017	n/a	n/a	AU$42m
Sep 30 2017	n/a	n/a	AU$41m
Jun 30 2017	AU$653k	AU$394k	AU$39m

Compensation vs Market: David's total compensation ($USD743.64K) is about average for companies of similar size in the Australian market ($USD630.81K).

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

CEO

David Bailey

6.9yrs

Tenure

AU$1,132,711

Compensation

Mr. David Bailey has been Chief Executive Officer at Australian Finance Group Ltd. since June 16, 2017 and served as its Chief Operating Officer since October 2015 and also served as its Chief Financial Of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Bailey	Chief Executive Officer	6.9yrs	AU$1.13m	0.76% A$ 3.1m
Malcolm Watkins	Co-Founder & Non-Executive Director	no data	AU$120.00k	5.96% A$ 24.0m
Luca Pietropiccolo	Chief Financial Officer	1.6yrs	AU$470.51k	no data
Lisa Bevan	Chief Operating Officer	less than a year	AU$492.05k	5.99% A$ 24.2m
Brad Wearn	Chief Technology Officer	less than a year	no data	no data
Michelle Palethorpe	Company Secretary & General Counsel	5.4yrs	no data	no data
Shirley Elliot	Head of Compliance & Legal Counsel	1.3yrs	no data	no data
Alison Clarke	Head of Corporate Communications	no data	no data	no data
Jonathan Amery	Chief Marketing Officer	5yrs	no data	no data
Them Lam	Head of Sales and Distribution	less than a year	no data	no data
Rebecca Gravestock	Chief People Officer	less than a year	no data	no data
Anthony Bird	Chief Risk Officer	5.6yrs	no data	no data

1.5yrs

Average Tenure

Experienced Management: AFG's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Malcolm Watkins	Co-Founder & Non-Executive Director	26.4yrs	AU$120.00k	5.96% A$ 24.0m
Brett McKeon	Co-Founder & Non-Executive Director	27.9yrs	AU$120.00k	6.03% A$ 24.3m
Annette King	Independent Non-Executive Director	2.3yrs	AU$120.00k	0.037% A$ 149.0k
Greg Medcraft	Independent Non-Executive Chair	2.7yrs	AU$139.95k	0.041% A$ 163.9k
Craig Carter	Independent Non-Executive Director	9.2yrs	AU$120.00k	0.52% A$ 2.1m
Jane Muirsmith	Independent Non-Executive Director	8.2yrs	AU$120.00k	0.047% A$ 189.0k

8.7yrs

Average Tenure

Experienced Board: AFG's board of directors are considered experienced (8.7 years average tenure).

Australian Finance Group Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Non-Executive Director recently bought AU$60k worth of stock

Australian Finance Group Limited, Annual General Meeting, Nov 24, 2023

Co-Founder & Non-Executive Director recently sold AU$595k worth of stock

Australian Finance Group Limited Appoints Luca Pietropiccolo as Chief Financial Officer

Australian Finance Group Limited Announces Stepdown of Melanie Kiely from Non-Executive Director

Australian Finance Group Limited Announces the Resignation of Ben Jenkins as CFO

Recent updates

Now 23% overvalued after recent price rise

First half 2024 earnings released: EPS: AU$0.053 (vs AU$0.081 in 1H 2023)

Australian Finance Group Limited to Report First Half, 2024 Results on Feb 29, 2024

Independent Non-Executive Director recently bought AU$60k worth of stock

Full year 2023 earnings released: EPS: AU$0.14 (vs AU$0.14 in FY 2022)

Australian Finance Group Limited, Annual General Meeting, Nov 24, 2023

Australian Finance Group Limited to Report Fiscal Year 2023 Results on Aug 25, 2023

Upcoming dividend of AU$0.066 per share at 11% yield

First half 2023 earnings released: EPS: AU$0.081 (vs AU$0.11 in 1H 2022)

Australian Finance Group Limited to Report First Half, 2023 Results on Feb 24, 2023

Co-Founder & Non-Executive Director recently sold AU$595k worth of stock

Now 21% undervalued

Australian Finance Group Limited Appoints Luca Pietropiccolo as Chief Financial Officer

Full year 2022 earnings released: EPS: AU$0.14 (vs AU$0.19 in FY 2021)

Australian Finance Group Limited Recommends a Fully Franked Final Dividend for the Year Ending June 30, 2022, Payable on September 22, 2022

Australian Finance Group Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Australian Finance Group Limited Announces Stepdown of Melanie Kiely from Non-Executive Director

Now 21% undervalued

Australian Finance Group Limited Announces the Resignation of Ben Jenkins as CFO

Investor sentiment deteriorated over the past week

Independent Non-Executive Director recently bought AU$439k worth of stock

Australian Finance Group Limited Recommends an Interim Dividend for the Half-Year Ended 31 December 2021, Payable on 24 March 2022

Australian Finance Group Limited to Report First Half, 2022 Results on Feb 25, 2022

Australian Finance Group Limited Appoints Annette King as Director

Independent Non-Executive Director recently bought AU$617k worth of stock

Australian Finance Group Limited (ASX:AFG) completed the acquisition of a 75% stake in National Finance Alliance Pty Ltd.

Independent Non Executive Chairman recently sold AU$236k worth of stock

Australian Finance Group Limited (ASX:AFG) agreed to acquire a 75% stake in National Finance Alliance Pty Ltd for AUD 52.5 million.

Upcoming dividend of AU$0.074 per share

Full year 2021 earnings released: EPS AU$0.19 (vs AU$0.17 in FY 2020)

First half 2021 earnings released: EPS AU$0.093 (vs AU$0.085 in 1H 2020)

Australian Finance Group Limited to Report First Half, 2021 Results on Feb 26, 2021

New 90-day high: AU$2.82

New 90-day high: AU$2.74

New 90-day high: AU$2.56

New 90-day high: AU$2.50

Market bids up stock over the past week

New 90-day high: AU$1.95

Upcoming Dividend of AU$0.047 Per Share

Full year earnings released - EPS AU$0.17

Australian Finance Group Limited to Report Fiscal Year 2020 Results on Aug 28, 2020

Australian Finance Group Limited(ASX:AFG) dropped from S&P/ASX Emerging Companies Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure