Farm Pride Foods Management
Management criteria checks 2/4
Farm Pride Foods' CEO is Darren Lurie, appointed in Feb 2023, has a tenure of 1.25 years. total yearly compensation is A$462.82K, comprised of 25.6% salary and 74.4% bonuses, including company stock and options. directly owns 10.11% of the company’s shares, worth A$1.53M. The average tenure of the management team and the board of directors is 1.1 years and 5.7 years respectively.
Key information
Darren Lurie
Chief executive officer
AU$462.8k
Total compensation
| CEO salary percentage | 25.6% |
| CEO tenure | 1.3yrs |
| CEO ownership | 10.1% |
| Management average tenure | 1.1yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price
Apr 05
The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%
Feb 01Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?
Dec 21Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Sep 01Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Apr 24Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Jun 13Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$3m |
| Sep 30 2023 | n/a | n/a | -AU$6m |
| Jun 30 2023 | AU$463k | AU$118k | -AU$9m |
Compensation vs Market: Darren's total compensation ($USD303.84K) is about average for companies of similar size in the Australian market ($USD292.20K).
Compensation vs Earnings: Insufficient data to compare Darren's compensation with company performance.
CEO
Darren Lurie
1.3yrs
Tenure
AU$462,815
Compensation
Mr. Darren Lurie serves as Managing Director and Director at Farm Pride Foods Limited since February 23, 2023. He served as a Principal at Cullen Capital Pty Ltd. Mr. Lurie is an experienced corporate advi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.3yrs | AU$462.82k | 10.11% A$ 1.5m | |
| Group Chief Financial Officer | 1.1yrs | AU$182.57k | no data | |
| Company Secretary | less than a year | no data | no data |
1.1yrs
Average Tenure
Experienced Management: FRM's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 1.3yrs | AU$462.82k | 10.11% A$ 1.5m | |
| Non-Executive Director | 10.1yrs | AU$216.59k | 1.54% A$ 232.5k | |
| Non-Executive Chairman | 1.3yrs | AU$25.76k | 15.62% A$ 2.4m | |
| Non-Executive Director | 16yrs | AU$74.50k | 2.65% A$ 400.0k |
5.7yrs
Average Tenure
Experienced Board: FRM's board of directors are considered experienced (5.7 years average tenure).