Farm Pride Foods Limited

ASX:FRM Stock Report

Market Cap: AU$25.0m

Farm Pride Foods Management

Management criteria checks 0/4

Farm Pride Foods' CEO is Darren Lurie, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is A$595.66K, comprised of 59.8% salary and 40.2% bonuses, including company stock and options. directly owns 9.74% of the company’s shares, worth A$2.44M. The average tenure of the management team and the board of directors is 1.6 years and 1.8 years respectively.

Key information

Darren Lurie

Chief executive officer

AU$595.7k

Total compensation

CEO salary percentage59.8%
CEO tenure1.8yrs
CEO ownership9.7%
Management average tenure1.6yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Even With A 36% Surge, Cautious Investors Are Not Rewarding Farm Pride Foods Limited's (ASX:FRM) Performance Completely

Sep 02
Even With A 36% Surge, Cautious Investors Are Not Rewarding Farm Pride Foods Limited's (ASX:FRM) Performance Completely

Farm Pride Foods Limited's (ASX:FRM) Revenues Are Not Doing Enough For Some Investors

Jun 06
Farm Pride Foods Limited's (ASX:FRM) Revenues Are Not Doing Enough For Some Investors

Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price

Apr 05
Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price

The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%

Feb 01
The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%

Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?

Dec 21
Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?

Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Sep 01
Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Apr 24
Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Jun 13
Is Farm Pride Foods (ASX:FRM) A Risky Investment?

Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

Feb 27
Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?

CEO Compensation Analysis

How has Darren Lurie's remuneration changed compared to Farm Pride Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$596kAU$356k

-AU$2m

Mar 31 2024n/an/a

-AU$2m

Dec 31 2023n/an/a

-AU$3m

Sep 30 2023n/an/a

-AU$6m

Jun 30 2023AU$463kAU$118k

-AU$9m

Compensation vs Market: Darren's total compensation ($USD387.29K) is above average for companies of similar size in the Australian market ($USD297.68K).

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

CEO

Darren Lurie

1.8yrs

Tenure

AU$595,656

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

NamePositionTenureCompensationOwnership
Darren Lurie
MD & Director1.8yrsAU$595.66k9.74%
A$ 2.4m
Tony Enache
Group Chief Financial Officer1.6yrsAU$217.59kno data
Justin Mouchacca
Company Secretary1.1yrsno datano data

1.6yrs

Average Tenure

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

Board Members

NamePositionTenureCompensationOwnership
Darren Lurie
MD & Director1.8yrsAU$595.66k9.74%
A$ 2.4m
George Palatianos
Non-Executive Chairman1.8yrsAU$70.00k27.18%
A$ 6.8m
Malcolm Ward
Non-Executive Director16.5yrsAU$80.36k2.95%
A$ 739.0k

1.8yrs

Average Tenure

Experienced Board: FRM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.