Wellnex Life Management
Management criteria checks 2/4
Wellnex Life's CEO is George Karafotias, appointed in Jul 2021, has a tenure of 2.83 years. total yearly compensation is A$418.65K, comprised of 76.4% salary and 23.6% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth A$115.14K. The average tenure of the management team and the board of directors is 2.8 years and 1.6 years respectively.
Key information
George Karafotias
Chief executive officer
AU$418.6k
Total compensation
| CEO salary percentage | 76.4% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.8yrs |
| Board average tenure | 1.6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$19m |
| Sep 30 2023 | n/a | n/a | -AU$17m |
| Jun 30 2023 | AU$419k | AU$320k | -AU$14m |
| Mar 31 2023 | n/a | n/a | -AU$12m |
| Dec 31 2022 | n/a | n/a | -AU$10m |
| Sep 30 2022 | n/a | n/a | -AU$8m |
| Jun 30 2022 | AU$401k | AU$347k | -AU$7m |
| Mar 31 2022 | n/a | n/a | -AU$9m |
| Dec 31 2021 | n/a | n/a | -AU$10m |
| Sep 30 2021 | n/a | n/a | -AU$17m |
| Jun 30 2021 | AU$381k | AU$328k | -AU$25m |
| Mar 31 2021 | n/a | n/a | -AU$39m |
| Dec 31 2020 | n/a | n/a | -AU$53m |
| Sep 30 2020 | n/a | n/a | -AU$50m |
| Jun 30 2020 | AU$339k | AU$315k | -AU$46m |
| Mar 31 2020 | n/a | n/a | -AU$31m |
| Dec 31 2019 | n/a | n/a | -AU$15m |
| Sep 30 2019 | n/a | n/a | -AU$13m |
| Jun 30 2019 | AU$344k | AU$314k | -AU$10m |
| Mar 31 2019 | n/a | n/a | -AU$11m |
| Dec 31 2018 | n/a | n/a | -AU$11m |
| Sep 30 2018 | n/a | n/a | -AU$15m |
| Jun 30 2018 | AU$1m | AU$299k | -AU$20m |
Compensation vs Market: George's total compensation ($USD277.54K) is about average for companies of similar size in the Australian market ($USD296.18K).
Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.
CEO
George Karafotias
2.8yrs
Tenure
AU$418,645
Compensation
Mr. George Karafotias, B.Com., served as Director of Broo Limited since April 8 2022 until February 06, 2023. He serves as Chief Financial Officer of Wellnex Life Limited (formerly known as Wattle Health A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CFO & Executive Director | 2.8yrs | AU$418.65k | 0.30% A$ 115.1k | |
| MD & Executive Director | 2.8yrs | AU$404.27k | 2.07% A$ 799.3k | |
| Company Secretary | 5.1yrs | AU$123.54k | 0.074% A$ 28.5k | |
| Finance & Administration Executive | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: WNX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, CFO & Executive Director | 3.5yrs | AU$418.65k | 0.30% A$ 115.1k | |
| MD & Executive Director | 2.8yrs | AU$404.27k | 2.07% A$ 799.3k | |
| Independent Non-Executive Director | 7.7yrs | AU$112.37k | 0.16% A$ 63.8k | |
| Non-Executive Director | less than a year | no data | 0.069% A$ 26.8k | |
| Non-Executive Chairman | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
1.6yrs
Average Tenure
Experienced Board: WNX's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.