Australian Agricultural Management
Management criteria checks 2/4
Australian Agricultural's CEO is Dave Harris, appointed in Jun 2022, has a tenure of 1.83 years. total yearly compensation is A$1.23M, comprised of 62.2% salary and 37.8% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth A$47.56K. The average tenure of the management team and the board of directors is 1.3 years and 6.4 years respectively.
Key information
Dave Harris
Chief executive officer
AU$1.2m
Total compensation
| CEO salary percentage | 62.2% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.006% |
| Management average tenure | 1.3yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Is Now The Time To Put Australian Agricultural (ASX:AAC) On Your Watchlist?
May 11
Is Australian Agricultural (ASX:AAC) A Risky Investment?
Aug 13This Is Why Australian Agricultural Company Limited's (ASX:AAC) CEO Compensation Looks Appropriate
Jul 22Here's Why Australian Agricultural (ASX:AAC) Can Afford Some Debt
Mar 29Key Things To Understand About Australian Agricultural's (ASX:AAC) CEO Pay Cheque
Feb 20We Wouldn't Rely On Australian Agricultural's (ASX:AAC) Statutory Earnings As A Guide
Jan 25What Kind Of Investors Own Most Of Australian Agricultural Company Limited (ASX:AAC)?
Jan 04Australian Agricultural's (ASX:AAC) Stock Price Has Reduced 20% In The Past Five Years
Dec 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -AU$152m |
| Jun 30 2023 | n/a | n/a | -AU$74m |
| Mar 31 2023 | AU$1m | AU$767k | AU$5m |
| Dec 31 2022 | n/a | n/a | AU$55m |
| Sep 30 2022 | n/a | n/a | AU$105m |
| Jun 30 2022 | n/a | n/a | AU$121m |
| Mar 31 2022 | AU$731k | AU$450k | AU$137m |
| Dec 31 2021 | n/a | n/a | AU$134m |
| Sep 30 2021 | n/a | n/a | AU$130m |
| Jun 30 2021 | n/a | n/a | AU$88m |
| Mar 31 2021 | AU$556k | AU$366k | AU$45m |
Compensation vs Market: Dave's total compensation ($USD802.22K) is about average for companies of similar size in the Australian market ($USD775.51K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
CEO
Dave Harris
1.8yrs
Tenure
AU$1,232,937
Compensation
Mr. David Harris, BRurSc, also known as Dave, serves as Chief Executive Officer, Managing Director and Director of Australian Agricultural Company Limited since September 27, 2022. He served as Chief Opera...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.8yrs | AU$1.23m | 0.0058% A$ 47.6k | |
| Chief Financial Officer | 1.2yrs | AU$190.11k | no data | |
| Chief Commercial Officer | 5.3yrs | AU$1.13m | 0.0083% A$ 68.3k | |
| Executive General Manager of Corporate Services | 1.3yrs | AU$232.58k | no data | |
| Company Secretary & General Counsel | less than a year | no data | no data | |
| Head of Corporate Affairs & Communications | no data | no data | no data | |
| Executive General Manager of People & Culture | 2yrs | no data | no data | |
| Head of Intensive Operations | 1.3yrs | no data | no data | |
| Head of Supply Chain Operations | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
Experienced Management: AAC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.6yrs | AU$1.23m | 0.0058% A$ 47.6k | |
| Independent Non-Executive Chairman | 13.9yrs | AU$274.86k | 0.19% A$ 1.5m | |
| Independent Non-Executive Director | 4.8yrs | AU$137.97k | 0.0033% A$ 27.3k | |
| Independent Non-Executive Director | 7.9yrs | AU$126.95k | 0.0075% A$ 61.5k | |
| Independent Non Executive Director | 12.5yrs | AU$137.97k | 0.0066% A$ 54.6k | |
| Independent Non-Executive Director | 9.6yrs | AU$137.15k | 0.0050% A$ 41.0k | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 6.4yrs | AU$143.49k | 0.0053% A$ 44.0k | |
| Non-Independent Non-Executive Director | 1.5yrs | AU$53.67k | 0.0015% A$ 12.7k |
6.4yrs
Average Tenure
60yo
Average Age
Experienced Board: AAC's board of directors are considered experienced (6.4 years average tenure).