Synergia Energy Ltd

ASX:SYN Stock Report

Market Cap: AU$8.4m

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Synergia Energy Management

Management criteria checks 2/4

Key information

Roland Wessel

Chief executive officer

AU$344.3k

Total compensation

CEO salary percentage79.5%
CEO tenure1.6yrs
CEO ownershipn/a
Management average tenure1.6yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

This Is Why Oilex Ltd's (ASX:OEX) CEO Compensation Looks Appropriate

Jun 01
This Is Why Oilex Ltd's (ASX:OEX) CEO Compensation Looks Appropriate

How Much Is Oilex's (ASX:OEX) CEO Getting Paid?

Mar 01
How Much Is Oilex's (ASX:OEX) CEO Getting Paid?

CEO Compensation Analysis

How has Roland Wessel's remuneration changed compared to Synergia Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022AU$344kAU$274k

-AU$2m

Mar 31 2022n/an/a

-AU$3m

Dec 31 2021n/an/a

-AU$4m

Sep 30 2021n/an/a

-AU$3m

Jun 30 2021AU$311kAU$13k

-AU$2m

Compensation vs Market: Roland's total compensation ($USD231.66K) is about average for companies of similar size in the Australian market ($USD288.62K).

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

CEO

Roland Wessel (68 yo)

1.6yrs

Tenure

AU$344,296

Compensation

Mr. Roland Wessel serves as Chief Executive Officer and Director at Synergia Energy Ltd (formerly known as Oilex Ltd) since June 16, 2021 and also serves as its Managing Director. He serves as a Director o...

Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Salomon
Executive Chairman7.2yrsAU$252.21k0.18%
A$ 15.0k
Roland Wessel
MD, CEO & Director1.6yrsAU$344.30kno data
Colin Judd
CFO & Director1.5yrsAU$253.45kno data
Ashish Khare
Head of India Assets6.2yrsAU$188.22kno data
Cathal Smith
Legal Counsel and Commercial Managerno datano datano data
Ranjeet Saroha
Head of HR & Corporate Affairsno datano datano data
Andrea Bissett
Financial Controllerno datano datano data
Jack Rosagro
Company Secretaryless than a yearno datano data

1.6yrs

Average Tenure

68yo

Average Age

Experienced Management: SYN's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Jonathan Salomon
Executive Chairman7.2yrsAU$252.21k0.18%
A$ 15.0k
Roland Wessel
MD, CEO & Director1.6yrsAU$344.30kno data
Colin Judd
CFO & Directorless than a yearAU$253.45kno data
Mark Bolton
Non-Executive Director2.8yrsAU$60.92kno data
Peter Schwarz
Independent Non-Executive Director3.3yrsAU$55.35k0.25%
A$ 21.2k
Paul Haywood
Independent Non-Executive Director5.7yrsAU$55.22k0.15%
A$ 12.9k

3.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: SYN's board of directors are considered experienced (3.1 years average tenure).

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