nib holdings Management

Management criteria checks 4/4

nib holdings' CEO is Ed Close, appointed in Sep 2024, has a tenure of less than a year. total yearly compensation is A$1.45M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth A$1.17M. The average tenure of the management team and the board of directors is 4.5 years and 4 years respectively.

Key information

Ed Close

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage45.4%
CEO tenureless than a year
CEO ownership0.04%
Management average tenure4.5yrs
Board average tenure4yrs

Recent management updates

Recent updates

nib holdings limited's (ASX:NHF) Price Is Right But Growth Is Lacking

Apr 06
nib holdings limited's (ASX:NHF) Price Is Right But Growth Is Lacking

With EPS Growth And More, nib holdings (ASX:NHF) Makes An Interesting Case

Feb 29
With EPS Growth And More, nib holdings (ASX:NHF) Makes An Interesting Case

nib holdings limited (ASX:NHF) Investors Are Less Pessimistic Than Expected

Jan 05
nib holdings limited (ASX:NHF) Investors Are Less Pessimistic Than Expected

Do nib holdings' (ASX:NHF) Earnings Warrant Your Attention?

Oct 07
Do nib holdings' (ASX:NHF) Earnings Warrant Your Attention?

nib holdings' (ASX:NHF) Dividend Will Be Increased To A$0.15

Aug 28
nib holdings' (ASX:NHF) Dividend Will Be Increased To A$0.15

Here's Why I Think nib holdings (ASX:NHF) Is An Interesting Stock

May 25
Here's Why I Think nib holdings (ASX:NHF) Is An Interesting Stock

Is Now The Time To Put nib holdings (ASX:NHF) On Your Watchlist?

Feb 23
Is Now The Time To Put nib holdings (ASX:NHF) On Your Watchlist?

nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

Feb 23
nib holdings (ASX:NHF) Is Paying Out A Larger Dividend Than Last Year

This Is Why nib holdings limited's (ASX:NHF) CEO Compensation Looks Appropriate

Oct 28
This Is Why nib holdings limited's (ASX:NHF) CEO Compensation Looks Appropriate

Only Four Days Left To Cash In On nib holdings' (ASX:NHF) Dividend

Feb 27
Only Four Days Left To Cash In On nib holdings' (ASX:NHF) Dividend

Here's What You Should Know About nib holdings limited's (ASX:NHF) 2.4% Dividend Yield

Feb 23
Here's What You Should Know About nib holdings limited's (ASX:NHF) 2.4% Dividend Yield

Did You Participate In Any Of nib holdings' (ASX:NHF) Respectable 90% Return?

Jan 26
Did You Participate In Any Of nib holdings' (ASX:NHF) Respectable 90% Return?

Is nib holdings limited's (ASX:NHF) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Jan 05
Is nib holdings limited's (ASX:NHF) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

How Is nib holdings' (ASX:NHF) CEO Paid Relative To Peers?

Dec 15
How Is nib holdings' (ASX:NHF) CEO Paid Relative To Peers?

What To Know Before Buying nib holdings limited (ASX:NHF) For Its Dividend

Nov 24
What To Know Before Buying nib holdings limited (ASX:NHF) For Its Dividend

CEO Compensation Analysis

How has Ed Close's remuneration changed compared to nib holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$1mAU$659k

AU$187m

Mar 31 2024n/an/a

AU$159m

Dec 31 2023n/an/a

AU$215m

Sep 30 2023n/an/a

AU$206m

Jun 30 2023AU$1mAU$604k

AU$115m

Mar 31 2023n/an/a

AU$130m

Dec 31 2022n/an/a

AU$144m

Sep 30 2022n/an/a

AU$141m

Jun 30 2022AU$1mAU$488k

AU$137m

Mar 31 2022n/an/a

AU$157m

Dec 31 2021n/an/a

AU$178m

Sep 30 2021n/an/a

AU$170m

Jun 30 2021AU$932kAU$484k

AU$161m

Mar 31 2021n/an/a

AU$128m

Dec 31 2020n/an/a

AU$96m

Sep 30 2020n/an/a

AU$92m

Jun 30 2020AU$493kAU$359k

AU$88m

Compensation vs Market: Ed's total compensation ($USD908.09K) is below average for companies of similar size in the Australian market ($USD1.45M).

Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.


CEO

Ed Close

less than a year

Tenure

AU$1,451,942

Compensation

Mr. Edward Close served as Chief Executive of Australian Residents Health Insurance at nib health funds limited since 2021 until September 1, 2024 & serves as it's MD & CEO since September 1, 2024, He also...


Leadership Team

NamePositionTenureCompensationOwnership
Edward Close
MD, CEO & Directorless than a yearAU$1.45m0.044%
A$ 1.2m
Nick Freeman
Group Chief Financial Officer4.5yrsAU$1.53m0.025%
A$ 657.4k
Brendan Mills
Group Chief Information Officer12.5yrsAU$1.08m0.047%
A$ 1.2m
Roslyn Toms
Chief Risk Officer11.7yrsAU$1.09m0.021%
A$ 551.1k
Lauren Daniels
Group Chief People Officer2.3yrsAU$762.14k0.0038%
A$ 101.0k
Martin Adlington
Chief Executive of nib Thrive2.3yrsAU$883.80k0.011%
A$ 295.5k
James Barr
Chief Executive of Australian Private Health Insurance4.2yrsAU$883.28k0.0069%
A$ 185.2k
Rob Hennin
Chief Executive Officer of nib New Zealand & Travel (CEO NZ & Travel)11.6yrsAU$1.41m0.086%
A$ 2.3m
Dan Anderson
Head of Investor Relationsno datano datano data
Renea Jaeger
Head of Corporate Relationsno datano datano data
Jordan French
Company Secretary7.3yrsno datano data

4.5yrs

Average Tenure

Experienced Management: NHF's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Close
MD, CEO & Directorno dataAU$1.45m0.044%
A$ 1.2m
Donal O'Dwyer
Independent Non-Executive Director8.8yrsAU$174.90k0.0091%
A$ 241.4k
David Gordon
Independent Non-Executive Chairman4.6yrsAU$350.00k0.010%
A$ 274.5k
Peter Harmer
Independent Non-Executive Director3.4yrsAU$195.70k0.0076%
A$ 202.3k
Jill Watts
Independent Non-Executive Director1.4yrsAU$162.41k0.0033%
A$ 86.9k
Jacqueline Chow
Independent Non-Executive Director6.7yrsAU$214.76k0.0052%
A$ 137.2k
Anne Loveridge
Independent Non-Executive Director7.8yrsAU$262.80k0.0072%
A$ 192.1k
Brad Welsh
Independent Non-Executive Director1.4yrsAU$162.41k0.0034%
A$ 89.3k

4.0yrs

Average Tenure

63yo

Average Age

Experienced Board: NHF's board of directors are considered experienced (4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

nib holdings limited is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Andrew AdamsBarrenjoey Markets Pty Limited