GR Engineering Services Limited

ASX:GNG Stock Report

Market Cap: AU$370.5m

GR Engineering Services Management

Management criteria checks 3/4

GR Engineering Services' CEO is Tony Patrizi, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is A$519.89K, comprised of 91.5% salary and 8.5% bonuses, including company stock and options. directly owns 5.87% of the company’s shares, worth A$21.74M. The average tenure of the management team and the board of directors is 3.6 years and 10.3 years respectively.

Key information

Tony Patrizi

Chief executive officer

AU$519.9k

Total compensation

CEO salary percentage91.5%
CEO tenure2.3yrs
CEO ownership5.9%
Management average tenure3.6yrs
Board average tenure10.3yrs

Recent management updates

We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Nov 16
We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Recent updates

GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

Aug 28
GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Nov 16
We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Aug 24
GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

Feb 24
GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Nov 04
GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

May 23
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Apr 05
Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Mar 21
Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

Mar 06
Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

Feb 24
GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 23
GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Feb 06
What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Jan 10
Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Dec 15
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Zooming in on ASX:GNG's 5.5% Dividend Yield

Nov 24
Zooming in on ASX:GNG's 5.5% Dividend Yield

Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

Aug 20
Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Jul 16
GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

CEO Compensation Analysis

How has Tony Patrizi's remuneration changed compared to GR Engineering Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$29m

Sep 30 2023n/an/a

AU$28m

Jun 30 2023AU$520kAU$476k

AU$27m

Mar 31 2023n/an/a

AU$30m

Dec 31 2022n/an/a

AU$33m

Sep 30 2022n/an/a

AU$34m

Jun 30 2022AU$340kAU$300k

AU$35m

Mar 31 2022n/an/a

AU$31m

Dec 31 2021n/an/a

AU$27m

Sep 30 2021n/an/a

AU$24m

Jun 30 2021AU$342kAU$305k

AU$21m

Mar 31 2021n/an/a

AU$17m

Dec 31 2020n/an/a

AU$12m

Sep 30 2020n/an/a

AU$3m

Jun 30 2020AU$344kAU$304k

-AU$7m

Mar 31 2020n/an/a

-AU$7m

Dec 31 2019n/an/a

-AU$7m

Sep 30 2019n/an/a

-AU$420k

Jun 30 2019AU$347kAU$304k

AU$7m

Mar 31 2019n/an/a

AU$7m

Dec 31 2018n/an/a

AU$7m

Sep 30 2018n/an/a

AU$9m

Jun 30 2018AU$340kAU$296k

AU$12m

Mar 31 2018n/an/a

AU$12m

Dec 31 2017n/an/a

AU$12m

Sep 30 2017n/an/a

AU$13m

Jun 30 2017AU$339kAU$296k

AU$13m

Compensation vs Market: Tony's total compensation ($USD338.87K) is below average for companies of similar size in the Australian market ($USD628.85K).

Compensation vs Earnings: Tony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Tony Patrizi

2.3yrs

Tenure

AU$519,888

Compensation

Mr. Tony Marco Patrizi, BE (Mech Eng), serves as Managing Director for GR Engineering Services Limited since February 16, 2023. He was Acting Managing Director of GR Engineering Services Limited since 2022...


Leadership Team

NamePositionTenureCompensationOwnership
Tony Patrizi
MD & Director2.3yrsAU$519.89k5.87%
A$ 21.7m
Omesh Motiwalla
CFO & Company Secretary5yrsAU$489.32k0.030%
A$ 111.0k
David Sala Tenna
Chief Operating Officer1.2yrsAU$385.86k7.38%
A$ 27.4m
Peter Allen
Manager of Technical Services6.3yrsAU$500.88kno data

3.6yrs

Average Tenure

Experienced Management: GNG's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tony Patrizi
MD & Director17.6yrsAU$519.89k5.87%
A$ 21.7m
Phillip Lockyer
Independent Non-Executive Chairman7.5yrsAU$95.69k0.030%
A$ 111.0k
Peter Hood
Independent Non Executive Director13.2yrsAU$71.59k0.30%
A$ 1.1m
Giuseppe Totaro
Independent Non-Executive Director4.8yrsAU$71.59k4.79%
A$ 17.8m

10.3yrs

Average Tenure

Experienced Board: GNG's board of directors are seasoned and experienced ( 10.3 years average tenure).


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