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 5.42 years. total yearly compensation is A$556.90K, comprised of 84.1% salary and 15.9% bonuses, including company stock and options. directly owns 9.87% of the company’s shares, worth A$5.52M. The average tenure of the management team and the board of directors is 1.1 years and 5.4 years respectively.

Key information

Garry Crole

Chief executive officer

AU$556.9k

Total compensation

CEO salary percentage	84.1%
CEO tenure	5.4yrs
CEO ownership	9.9%
Management average tenure	1.1yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Garry Crole's remuneration changed compared to Sequoia Financial Group's earnings?
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

Compensation vs Market: Garry's total compensation ($USD376.03K) is about average for companies of similar size in the Australian market ($USD301.06K).

Compensation vs Earnings: Garry's compensation has increased whilst the company is unprofitable.

CEO

Garry Crole (61 yo)

5.4yrs

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
Garry Crole	MD, CEO & Executive Director	5.4yrs	AU$556.90k	9.87% A$ 5.5m
Lizzie Tan	CFO & Joint Company Secretary	5.3yrs	AU$343.32k	0.24% A$ 131.4k
Martin Morris	Chief Operating Officer	less than a year	no data	no data
Craig Foley	Chief Information Officer	no data	no data	no data
Justin Harding	Head of Legal & Risk	less than a year	no data	no data
Mark Hutchison	Additional Senior Compliance Manager	less than a year	no data	no data
Annelise McCauley	Executive VP & Chief Client Experience Officer	1.1yrs	no data	no data
Kevin Tichnell	Chief Strategy & Acquisitions Officer	1.1yrs	no data	no data
Sally McDow	Joint Company Secretary	1.6yrs	no data	no data

1.1yrs

Average Tenure

Experienced Management: SEQ's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Garry Crole	MD, CEO & Executive Director	7.7yrs	AU$556.90k	9.87% A$ 5.5m
Charles Sweeney	Independent Non-Executive Director	5.3yrs	AU$75.19k	0.63% A$ 350.9k
Kevin Pattison	Non-Executive Director	5.4yrs	AU$75.19k	0.63% A$ 352.8k

5.4yrs

Average Tenure

Experienced Board: SEQ's board of directors are considered experienced (5.4 years average tenure).

Sequoia Financial Group Management

Management criteria checks 2/4

Key information

Recent management updates

MD, CEO & Executive Director recently bought AU$225k worth of stock

Insider recently bought AU$535k worth of stock

Sequoia Financial Group Limited, Annual General Meeting, Nov 23, 2023

Sequoia Financial Group Announces Executive Changes

Less than half of directors are independent

Sequoia Financial Group Limited Announces Change of Joint Company Secretary

Recent updates

MD, CEO & Executive Director recently bought AU$225k worth of stock

Insider recently bought AU$535k worth of stock

Sequoia Financial Group Ltd Receive a Notice from Cojones Pty Ltd

Upcoming dividend of AU$0.02 per share

First half dividend of AU$0.02 announced

First half 2024 earnings released: EPS: AU$0.011 (vs AU$0.003 loss in 1H 2023)

Sequoia Financial Group Limited to Report First Half, 2024 Results on Feb 21, 2024

Finexia Financial Group Limited (ASX:FNX) acquired YieldReport Pty Ltd from Sequoia Financial Group Limited (ASX:SEQ).

Sequoia Financial Group Introduces Sequoia Sentinel, Family Office Dedicated to Serving Ultra High Net Worth Clients

Sequoia Financial Group Limited, Annual General Meeting, Nov 23, 2023

Full year 2023 earnings released: AU$0.029 loss per share (vs AU$0.043 profit in FY 2022)

New major risk - Financial data availability

Sequoia Financial Group Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

Sequoia Financial Group Limited (ASX:SEQ) entered into heads of agreement to acquire Castle Corporate Pty Ltd and Castle Legal Pty Ltd for approximately AUD 3.2 million.

Sequoia Financial Group Announces Executive Changes

Less than half of directors are independent

Sequoia Financial Group Limited Announces Change of Joint Company Secretary

Less than half of directors are independent

Sequoia Financial Group Limited, Annual General Meeting, Nov 23, 2022

Less than half of directors are independent

Sequoia Announces Dividend for the Six Months Ended June 30, 2022. the Dividend Will Be Payable October 10, 2022

Sequoia Financial Group Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Less than half of directors are independent

Sequoia Financial Group Limited Announces the Appointment of Lizzie Tan as Joint Company Secretary

Less than half of directors are independent

Sequoia Financial Group Limited (ASX:SEQ) agreed to acquire Informed Investor Pty Ltd, Sharecafe Pty Ltd and Corporate Connect Research Pty Ltd for AUD 5.1 million.

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Sequoia Financial Group Limited Announces Dividend for the Six Months Ended December 31, 2021, Payable on March 15, 2022

Sequoia Financial Group Limited to Report First Half, 2022 Results on Feb 17, 2022

Insider recently sold AU$1.9m worth of stock

Insider recently sold AU$1.9m worth of stock

Full year 2021 earnings released: EPS AU$0.043 (vs AU$0.016 in FY 2020)

Sequoia Financial Group Ltd Announces Revenue Guidance for the Fiscal Year of 2021

Insider recently sold AU$72k worth of stock

Sequoia Financial Group Limited Provides Revenue Guidance for the Full Year 2021

First half 2021 earnings released: EPS AU$0.013 (vs AU$0.002 in 1H 2020)

Sequoia Financial Group Limited to Report First Half, 2021 Results on Feb 18, 2021

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.

Sequoia Financial Group Limited Announces Change of Company Secretary

Sequoia Financial Group Limited to Report Fiscal Year 2020 Results on Aug 20, 2020

Unknown buyer acquired a stake in Sequoia Financial Group Limited (ASX:SEQ) from OneVue Holdings Limited (ASX:OVH) for AUD 4.4 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure