Zip Co Management

Management criteria checks 1/4

Zip Co's CEO is Cynthia Scott, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is A$1.80M, comprised of 35.1% salary and 64.9% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth A$909.85K. The average tenure of the management team and the board of directors is 1.3 years and 1.7 years respectively.

Key information

Cynthia Scott

Chief executive officer

AU$1.8m

Total compensation

CEO salary percentage	35.1%
CEO tenure	1.3yrs
CEO ownership	0.02%
Management average tenure	1.3yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cynthia Scott's remuneration changed compared to Zip Co's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$2m	AU$633k	AU$6m

Compensation vs Market: Cynthia's total compensation ($USD1.17M) is below average for companies of similar size in the Australian market ($USD2.21M).

Compensation vs Earnings: Insufficient data to compare Cynthia's compensation with company performance.

CEO

Cynthia Scott

1.3yrs

Tenure

AU$1,800,585

Compensation

Ms. Cynthia Scott is Group Chief Executive Officer of Zip Co Limited from August 10, 2023 and serves as its Managing Director and Director from August 24, 2023. She assumed the role as Zip's ANZ CEO in Nov...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Cynthia Scott	Group CEO	1.3yrs	AU$1.80m	0.022% A$ 909.9k
Larry Diamond	Co-Founder	11.8yrs	AU$2.78m	4.24% A$ 177.6m
Peter Gray	Co-Founder & Chief Executive Officer of ANZ	11.8yrs	AU$1.36m	1.23% A$ 51.6m
Gordon Bell	Group Chief Financial Officer	1.1yrs	AU$1.10m	0.031% A$ 1.3m
Rachel Cooper	Director of Investor Relations & Sustainability	no data	no data	no data
Chloe Rees	Director of External Relations & Group Communications	no data	no data	no data
Alex Christie	Group Chief People Officer	less than a year	no data	no data
Jinal Shah	Chief Marketing Officer of US	3.2yrs	no data	no data
Andy Stearns	Senior VP & Head of Merchant Business	1.3yrs	no data	no data
Joe Heck	Chief Executive of US	less than a year	no data	no data
Sarah Brown	Company Secretary	no data	no data	no data

1.3yrs

Average Tenure

Experienced Management: ZIP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Cynthia Scott	Group CEO	1.3yrs	AU$1.80m	0.022% A$ 909.9k
Larry Diamond	Co-Founder	9.2yrs	AU$2.78m	4.24% A$ 177.6m
David Shein	Member of Advisory Board	no data	no data	no data
Matthew Schuyler	Independent Non-Executive Director	less than a year	no data	no data
Geoffrey Levy	Member of Advisory Board	no data	no data	no data
Diane Smith-Gander	Independent Chairman of the Board	3.8yrs	AU$300.00k	0.014% A$ 572.5k
Kevin Moss	Independent Non-Executive Director	less than a year	AU$17.39k	0.00025% A$ 10.5k
Simon Schwarz	Member of Advisory Board	no data	no data	no data
Meredith Scott	Independent Non-Executive Director	2.2yrs	AU$160.00k	0.0039% A$ 165.1k

1.7yrs

Average Tenure

65yo

Average Age

Experienced Board: ZIP's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Zip Co Management

Management criteria checks 1/4

Key information

Recent management updates

Zip Co Limited, Annual General Meeting, Nov 07, 2024

Zip Co Limited Announces Resignation of David Franks as Joint Company Secretary

Zip Co Limited Announces CFO Changes

Zip Co Limited, Annual General Meeting, Nov 09, 2023

Zip Co Limited Appoints Andy Stearns as Senior Vice President and Head of Merchant Business

Less than half of directors are independent

Recent updates

Now 20% overvalued after recent price rise

Zip Co Limited, Annual General Meeting, Nov 07, 2024

New major risk - Financial position

Zip Co Limited to Report Fiscal Year 2024 Results on Aug 27, 2024

New major risk - Shareholder dilution

Zip Co Limited has filed a Follow-on Equity Offering in the amount of AUD 217 million.

Forecast breakeven date pushed back to 2026

Forecast to breakeven in 2024

Zip Co Limited to Report First Half, 2024 Results on Feb 27, 2024

Zip Co Limited Announces Resignation of David Franks as Joint Company Secretary

Zip Co Limited Announces CFO Changes

Zip Co Limited, Annual General Meeting, Nov 09, 2023

New major risk - Financial position

Zip Co Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

Forecast to breakeven in 2026

Paramara acquired Twisto payments a.s. from Zip Co Limited (ASX:ZIP).

Zip Co Limited Appoints Andy Stearns as Senior Vice President and Head of Merchant Business

Less than half of directors are independent

Full year 2022 earnings released: AU$1.81 loss per share (vs AU$1.32 loss in FY 2021)

Zip Co Limited, Annual General Meeting, Nov 03, 2022

Full year 2022 earnings released: AU$1.81 loss per share (vs AU$1.28 loss in FY 2021)

Zip Co Limited Appoints Meredith Scott as Non-Executive Director

Zip Co Limited to Report Fiscal Year 2022 Results on Aug 25, 2022

Less than half of directors are independent

Zip Co Limited to Report Q3, 2022 Results on Apr 21, 2022

Co-Founder recently bought AU$1.0m worth of stock

Zip Co Limited has completed a Follow-on Equity Offering in the amount of AUD 148.741764 million.

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

No longer forecast to breakeven

Equity Raising Reportedly Looming for Zip

Zip Co in Talks over A Potential Takeover of Sezzle

Full year 2021 earnings released: AU$1.28 loss per share (vs AU$0.053 loss in FY 2020)

Forecast to breakeven in 2024

Forecast to breakeven in 2023

Full year 2021 earnings released: AU$1.27 loss per share (vs AU$0.053 loss in FY 2020)

Forecast breakeven pushed back to 2024

Zip Co Limited announced that it has received $30 million in funding

An unknown buyer acquired an unknown minority stake in Zip Co Limited (ASX:Z1P) from Westpac Banking Corporation (ASX:WBC).

Independent Non-Executive Director has left the company

First half 2021 earnings released: AU$0.95 loss per share (vs AU$0.084 loss in 1H 2020)

Zip Co Limited to Report First Half, 2021 Results on Feb 25, 2021

New 90-day high: AU$10.73

Zip Co Limited Announces Appointment of Diane Smith-Gander as Director, Effective 1 February 2021

New 90-day high: AU$7.35

AsiaPay Partners with Zip for Buy-Now-Pay-Later Payment

New 90-day low: AU$5.11

Zip Co Limited has completed a Follow-on Equity Offering in the amount of AUD 120.000005 million.

Zip Co Limited Partners with Harvey Norman

New 90-day low: AU$5.62

Zip Co Limited Elects Pippa Downes as Director

Zip Co Limited announced that it has received AUD 100 million in funding from Victory Park Capital Advisors, LLC

New 90-day low: AU$5.70

Quadpay Announces Executive Changes

Full year earnings released - AU$0.053 loss per share

Zip Co Limited Announces Board and Committee Changes

Zip Co Limited (ASX:Z1P) completed the acquisition of remaining 86% stake in QuadPay, Inc. from Adam Ezra, Brad Lindenberg and others.

Full year earnings released - AU$0.053 loss per share

New 90-day high - AU$9.65

Zip Co Limited to Report Fiscal Year 2020 Results on Aug 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age