East 33 Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Justin Welsh

Chief executive officer

AU$421.6k

Total compensation

CEO salary percentage	61.3%
CEO tenure	1.1yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	2yrs

Recent management updates

Recent updates

East 33 Limited (ASX:E33) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Sep 07

A Look At The Intrinsic Value Of East 33 Limited (ASX:E33)

Oct 29

CEO Compensation Analysis

How has Justin Welsh's remuneration changed compared to East 33's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$422k	AU$259k	-AU$12m

Compensation vs Market: Justin's total compensation ($USD274.35K) is about average for companies of similar size in the Australian market ($USD295.69K).

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

CEO

Justin Welsh

1.1yrs

Tenure

AU$421,622

Compensation

Dr. Justin Welsh serves as Chief Executive Officer at East 33 Limited since October 16, 2023. Dr. Welsh worked as the Chief Operations Officer of Aquaculture at Harvest Road Group in Western Australia. In...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Justin Welsh	Chief Executive Officer	1.1yrs	AU$421.62k	no data
Amy Knoll	Chief Financial Officer	less than a year	AU$90.16k	no data
Anthony Rupnik	Head of Distribution Business Unit	no data	AU$397.21k	1.94% A$ 331.0k
Dan Jeberean	Financial Controller	less than a year	no data	no data
Mathew Watkins	Company Secretary	1.1yrs	no data	no data

0.8yrs

Average Tenure

Experienced Management: E33's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Ben Cameron	Non-Independent Non-Executive Director	2yrs	AU$55.50k	no data
Michael Ryan	Independent Non-Executive Director	2yrs	AU$55.50k	0% A$ 0
Veronica Papacosta	Independent Non-Executive Director	1.3yrs	AU$52.16k	no data

2.0yrs

Average Tenure

Experienced Board: E33's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

East 33 Management

Management criteria checks 1/4

Key information

Recent management updates

East 33 Limited, Annual General Meeting, Nov 21, 2024

East 33 Limited, Annual General Meeting, Apr 23, 2024

East 33 Limited Announces Management Changes

East 33 Limited, Annual General Meeting, Nov 24, 2023

East 33 Limited Announces the Appointment of Veronica Papacosta as Non-Executive Director

Insider recently bought AU$436k worth of stock

Recent updates

East 33 Limited, Annual General Meeting, Nov 21, 2024

Yumbah Aquaculture Ltd entered into Bid Implementation Deed to acquire East 33 Limited (ASX:E33) for AUD 17.1 million.

New major risk - Share price stability

East 33 Limited, Annual General Meeting, Apr 23, 2024

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

East 33 Limited Announces Management Changes

East 33 Limited (ASX:E33) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Full year 2023 earnings released: AU$0.02 loss per share (vs AU$0.034 loss in FY 2022)

East 33 Limited, Annual General Meeting, Nov 24, 2023

New minor risk - Financial data availability

East 33 Limited Announces the Appointment of Veronica Papacosta as Non-Executive Director

New major risk - Share price stability

Insider recently bought AU$436k worth of stock

First half 2023 earnings released: AU$0.86 loss per share (vs AU$0.004 loss in 1H 2022)

East 33 Limited Announces Resignation of James Garton as Chief Executive Officer

East 33 Limited Appoints Sarah Jane Courtney as Director

East 33 Limited Appoints Michael Joseph Ryan as Director

East 33 Limited Announces Retirement of Mark Nagy as Non-Executive Director

Less than half of directors are independent

East 33 Limited, Annual General Meeting, Nov 29, 2022

Insider recently bought AU$3.5m worth of stock

East 33 Limited Announces Board Changes

East 33 Limited Announces Board Changes

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

East 33 Limited (ASX:E33) completed the acquisition of all intellectual property and commercial assets of Oyster Cloud Agritech.

East 33 Limited (ASX:E33) entered into a binding term sheet agreement to acquire all intellectual property and commercial assets of Oyster Cloud Agritech for AUD 0.48 million.

East 33 Limited Announces the Cessation of Mark Nagy as Executive Director

East 33 Limited Provides Revenue Guidance for Second Half of Fiscal Year 2022

Less than half of directors are independent

East 33 Limited Announces Director Resignations

East 33 Limited Appoints James Garton as Managing Director

Forecast breakeven date pushed back to 2023

East 33 Limited Announces Resignation of Ms. Hurry Walker with Immediate Effect

Now 23% undervalued after recent price drop

A Look At The Intrinsic Value Of East 33 Limited (ASX:E33)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure