Farm Pride Foods Management
Management criteria checks 1/4
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 percentage | 59.8% |
CEO tenure | 1.8yrs |
CEO ownership | 9.7% |
Management average tenure | 1.6yrs |
Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | AU$596k | AU$356k | -AU$2m |
Mar 31 2024 | n/a | n/a | -AU$2m |
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$9m |
Compensation vs Market: Darren's total compensation ($USD387.29K) is about average for companies of similar size in the Australian market ($USD298.50K).
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 1.8yrs | AU$595.66k | 9.74% A$ 2.4m | |
Group Chief Financial Officer | 1.6yrs | AU$217.59k | no data | |
Company Secretary | 1.1yrs | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 1.8yrs | AU$595.66k | 9.74% A$ 2.4m | |
Non-Executive Chairman | 1.8yrs | AU$70.00k | 27.18% A$ 6.8m | |
Non-Executive Director | 16.5yrs | AU$80.36k | 2.95% A$ 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.