Wingara Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Marcello Diamante

Chief executive officer

AU$417.9k

Total compensation

CEO salary percentage	72.2%
CEO tenure	1.8yrs
CEO ownership	1.8%
Management average tenure	no data
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marcello Diamante's remuneration changed compared to Wingara's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	AU$418k	AU$302k	-AU$3m
Dec 31 2023	n/a	n/a	-AU$5m
Sep 30 2023	n/a	n/a	-AU$6m
Jun 30 2023	n/a	n/a	-AU$5m
Mar 31 2023	AU$128k	AU$48k	-AU$3m
Sep 30 2022	n/a	n/a	-AU$1m
Jun 30 2022	n/a	n/a	-AU$4m
Mar 31 2022	n/a	n/a	-AU$6m
Sep 30 2021	n/a	n/a	-AU$7m
Jun 30 2021	n/a	n/a	-AU$5m
Mar 31 2021	n/a	n/a	-AU$4m
Dec 31 2020	n/a	n/a	-AU$4m
Sep 30 2020	n/a	n/a	-AU$935k
Jun 30 2020	n/a	n/a	-AU$74k
Mar 31 2020	n/a	n/a	AU$787k
Dec 31 2019	n/a	n/a	AU$906k
Sep 30 2019	n/a	n/a	AU$1m
Jun 30 2019	n/a	n/a	AU$965k
Mar 31 2019	AU$228k	AU$101k	AU$906k
Dec 31 2018	n/a	n/a	AU$993k
Sep 30 2018	n/a	n/a	AU$1m
Jun 30 2018	n/a	n/a	AU$323k
Mar 31 2018	AU$155k	AU$137k	-AU$434k

Compensation vs Market: Marcello's total compensation ($USD287.16K) is about average for companies of similar size in the Australian market ($USD310.14K).

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

CEO

Marcello Diamante

1.8yrs

Tenure

AU$417,880

Compensation

Mr. Marcello Diamante serves as Managing Director & Chief Executive Officer at Wingara AG Limited since November 11, 2022 and also serves as Executive Director since November 11, 2023. He had been a Non-Ex...

Board Members

Name	Position	Tenure	Compensation	Ownership
Marcello Diamante	MD, CEO & Executive Director	2.4yrs	AU$417.88k	1.8% A$ 18.9k
Brendan York	Non-Executive Director	3yrs	AU$57.12k	no data
David Christie	Independent Non-Executive Chairperson	4.3yrs	AU$103.85k	0.42% A$ 4.4k

3.0yrs

Average Tenure

Experienced Board: WNR's board of directors are considered experienced (3 years average tenure).

Wingara Management

Management criteria checks 2/4

Key information

Recent management updates

Wingara AG Limited, Annual General Meeting, Aug 09, 2024

Less than half of directors are independent

Wingara AG Limited Announces Change of Company Secretary

High number of new directors

Wingara AG Limited, Annual General Meeting, Aug 02, 2023

High number of new and inexperienced directors

Recent updates

Wingara AG Limited, Annual General Meeting, Aug 09, 2024

Less than half of directors are independent

Full year 2024 earnings released: AU$0.018 loss per share (vs AU$0.019 loss in FY 2023)

Wingara AG Limited Announces Change of Company Secretary

High number of new directors

Full year 2023 earnings released: AU$0.019 loss per share (vs AU$0.037 loss in FY 2022)

Wingara AG Limited, Annual General Meeting, Aug 02, 2023

High number of new and inexperienced directors

Wingara AG Ltd Announces Chief Financial Officer Changes

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Wingara AG Limited Announces Management Changes

High number of new and inexperienced directors

Wingara AG Limited, Annual General Meeting, Aug 31, 2022

AP Cold Storage Pty Ltd and Sui Garden Pty Ltd entered into binding agreement to acquire Austco Polar Cold Storage Pty Ltd from Wingara AG Limited (ASX:WNR) for approximately AUD 1.45 million.

AP Cold Storage Pty Ltd and Sui Garden Pty Ltd entered into binding agreement to acquire Austco Polar Cold Storage Pty Ltd from Wingara AG Limited (ASX:WNR) for approximately AUD 1.45 million.

High number of new and inexperienced directors

Wingara AG Limited Appoints Marcello Diamante as A Non-Executive Director, Effective 1 April 2022

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Wingara AG Limited has completed a Follow-on Equity Offering.

High number of new and inexperienced directors

Full year 2021 earnings released: AU$0.051 loss per share (vs AU$0.007 profit in FY 2020)

Company Secretary has left the company

AgFood Opportunities Fund managed by AgFood Fund Pty Ltd. and Prenzler Group Pty Ltd acquired an unknown minority stake in Wingara AG Limited from Gavin Xing.

Wingara Ag Limited Announces Management Changes

First half 2021 earnings released: AU$0.003 loss per share

Wingara AG Limited to Report First Half, 2021 Results on Nov 27, 2020

Wingara AG Limited Announces Board Changes

Wingara AG Limited Announces Management Appointments

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure