Rare Foods Australia Limited

ASX:RFA Stock Report

Market Cap: AU$8.7m

Rare Foods Australia Management

Management criteria checks 3/4

Rare Foods Australia's CEO is Rob Jorden, appointed in Mar 2021, has a tenure of 3.08 years. total yearly compensation is A$300.85K, comprised of 81.4% salary and 18.6% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth A$5.52K. The average tenure of the management team and the board of directors is 3.1 years and 8.8 years respectively.

Key information

Rob Jorden

Chief executive officer

AU$300.9k

Total compensation

CEO salary percentage81.4%
CEO tenure3.1yrs
CEO ownership0.06%
Management average tenure3.1yrs
Board average tenure8.8yrs

Recent management updates

Read This Before Buying Ocean Grown Abalone Limited (ASX:OGA) Shares

Jan 11
Read This Before Buying Ocean Grown Abalone Limited (ASX:OGA) Shares

Recent updates

Read This Before Buying Ocean Grown Abalone Limited (ASX:OGA) Shares

Jan 11
Read This Before Buying Ocean Grown Abalone Limited (ASX:OGA) Shares

CEO Compensation Analysis

How has Rob Jorden's remuneration changed compared to Rare Foods Australia's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-AU$4m

Sep 30 2023n/an/a

-AU$3m

Jun 30 2023AU$301kAU$245k

-AU$1m

Mar 31 2023n/an/a

-AU$1m

Dec 31 2022n/an/a

-AU$1m

Sep 30 2022n/an/a

-AU$1m

Jun 30 2022AU$270kAU$234k

-AU$853k

Mar 31 2022n/an/a

-AU$1m

Dec 31 2021n/an/a

-AU$2m

Sep 30 2021n/an/a

-AU$2m

Jun 30 2021AU$213kAU$63k

-AU$2m

Compensation vs Market: Rob's total compensation ($USD196.38K) is below average for companies of similar size in the Australian market ($USD292.80K).

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


CEO

Rob Jorden

3.1yrs

Tenure

AU$300,853

Compensation

Mr. Robert Jorden, also known as Rob, serves as Chief Executive Officer at Rare Foods Australia Limited (formerly known as Ocean Grown Abalone Limited) since March 09, 2021. He has to initially focus on th...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Jorden
Chief Executive Officer3.1yrsAU$300.85k0.063%
A$ 5.5k
Brent Stockden
CFO, Company Secretary & Commercial Services Manager3yrsAU$276.91kno data
Bradley Adams
Executive Director of Corporate Development & Executive Director3.1yrsAU$319.39k0.79%
A$ 69.2k

3.1yrs

Average Tenure

Experienced Management: RFA's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bradley Adams
Executive Director of Corporate Development & Executive Director10.8yrsAU$319.39k0.79%
A$ 69.2k
Peter Harold
Independent Non-Executive Chairman6.9yrsAU$54.49k0.18%
A$ 15.3k
Danielle Lee
Independent Non-Executive Director6.9yrsAU$45.41k0.095%
A$ 8.3k
Ignazio Ricciardi
Non-Executive Director10.8yrsAU$45.41k20.02%
A$ 1.7m

8.8yrs

Average Tenure

Experienced Board: RFA's board of directors are considered experienced (8.8 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.