MMA Offshore Management
Management criteria checks 3/4
MMA Offshore's CEO is David Ross, appointed in Jul 2019, has a tenure of 4.75 years. total yearly compensation is A$1.92M, comprised of 37.6% salary and 62.4% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth A$5.87M. The average tenure of the management team and the board of directors is 6.3 years and 4.3 years respectively.
Key information
David Ross
Chief executive officer
AU$1.9m
Total compensation
| CEO salary percentage | 37.6% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.6% |
| Management average tenure | 6.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
There's No Escaping MMA Offshore Limited's (ASX:MRM) Muted Earnings Despite A 26% Share Price Rise
Mar 26
MMA Offshore Limited's (ASX:MRM) Intrinsic Value Is Potentially 59% Above Its Share Price
Jan 15MMA Offshore Limited (ASX:MRM) Held Back By Insufficient Growth Even After Shares Climb 28%
Dec 08Estimating The Fair Value Of MMA Offshore Limited (ASX:MRM)
Dec 20Here's Why MMA Offshore (ASX:MRM) Can Afford Some Debt
Jun 02Calculating The Intrinsic Value Of MMA Offshore Limited (ASX:MRM)
Feb 09There Are Some Reasons To Suggest That MMA Offshore's (ASX:MRM) Earnings A Poor Reflection Of Profitability
Sep 06Is MMA Offshore (ASX:MRM) A Risky Investment?
May 05Analyst Forecasts Just Became More Bearish On MMA Offshore Limited (ASX:MRM)
Feb 26MMA Offshore Limited (ASX:MRM) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Feb 25Analysts Expect Breakeven For MMA Offshore Limited (ASX:MRM) Before Long
Jan 14MMA Offshore (ASX:MRM) Share Prices Have Dropped 85% In The Last Five Years
Nov 27
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$109m |
| Sep 30 2023 | n/a | n/a | AU$118m |
| Jun 30 2023 | AU$2m | AU$722k | AU$128m |
| Mar 31 2023 | n/a | n/a | AU$124m |
| Dec 31 2022 | n/a | n/a | AU$120m |
| Sep 30 2022 | n/a | n/a | AU$77m |
| Jun 30 2022 | AU$1m | AU$623k | AU$33m |
| Mar 31 2022 | n/a | n/a | AU$7m |
| Dec 31 2021 | n/a | n/a | -AU$18m |
| Sep 30 2021 | n/a | n/a | -AU$8m |
| Jun 30 2021 | AU$908k | AU$532k | AU$2m |
| Mar 31 2021 | n/a | n/a | -AU$33m |
| Dec 31 2020 | n/a | n/a | -AU$69m |
| Sep 30 2020 | n/a | n/a | -AU$81m |
| Jun 30 2020 | AU$880k | AU$577k | -AU$94m |
| Mar 31 2020 | n/a | n/a | -AU$57m |
| Dec 31 2019 | n/a | n/a | -AU$19m |
| Sep 30 2019 | n/a | n/a | -AU$28m |
| Jun 30 2019 | AU$716k | AU$549k | -AU$37m |
| Mar 31 2019 | n/a | n/a | -AU$39m |
| Dec 31 2018 | n/a | n/a | -AU$41m |
| Sep 30 2018 | n/a | n/a | -AU$35m |
| Jun 30 2018 | AU$589k | AU$505k | -AU$28m |
| Dec 31 2017 | n/a | n/a | -AU$69m |
| Sep 30 2017 | n/a | n/a | -AU$212m |
| Jun 30 2017 | AU$665k | AU$535k | -AU$354m |
Compensation vs Market: David's total compensation ($USD1.23M) is about average for companies of similar size in the Australian market ($USD993.06K).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
David Ross
4.8yrs
Tenure
AU$1,923,187
Compensation
Mr. David Colin Ross has been Managing Director and Director of MMA Offshore Ltd. since January 13, 2020 and has been its Chief Executive Officer since July 1, 2019. He was Deputy Chief Executive Officer o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.8yrs | AU$1.92m | 0.60% A$ 5.9m | |
| Chief Financial Officer | 6.3yrs | AU$901.15k | 0.013% A$ 129.6k | |
| Company Secretary & Executive GM of Legal | 2.3yrs | AU$514.34k | 0.0031% A$ 30.7k | |
| Executive General Manager of Corporate Development | 11.4yrs | AU$252.44k | no data | |
| Financial Controller | 18.3yrs | no data | no data |
6.3yrs
Average Tenure
Experienced Management: MRM's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.3yrs | AU$1.92m | 0.60% A$ 5.9m | |
| Independent Chairman | 4.3yrs | AU$180.15k | 0.026% A$ 260.0k | |
| Independent Non-Executive Director | 11.8yrs | AU$120.29k | 0.022% A$ 216.2k | |
| Independent Non-Executive Director | 3yrs | AU$110.03k | 0.053% A$ 518.0k | |
| Independent Non-Executive Director | 2.9yrs | AU$100.18k | no data |
4.3yrs
Average Tenure
63yo
Average Age
Experienced Board: MRM's board of directors are considered experienced (4.3 years average tenure).