Hazer Group Management
Management criteria checks 1/4
Hazer Group's CEO is Glenn Corrie, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is A$1.67M, comprised of 28.8% salary and 71.2% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth A$294.61K. The average tenure of the management team and the board of directors is 1.8 years and 7.4 years respectively.
Key information
Glenn Corrie
Chief executive officer
AU$1.7m
Total compensation
| CEO salary percentage | 28.8% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.8yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
We Think Hazer Group (ASX:HZR) Needs To Drive Business Growth Carefully
Dec 05
Here's Why We're Not Too Worried About Hazer Group's (ASX:HZR) Cash Burn Situation
Oct 23Does Hazer Group (ASX:HZR) Have A Healthy Balance Sheet?
Mar 08Is Hazer Group (ASX:HZR) Using Debt Sensibly?
Nov 05Health Check: How Prudently Does Hazer Group (ASX:HZR) Use Debt?
May 09Calculating The Intrinsic Value Of Hazer Group Limited (ASX:HZR)
Dec 28Hazer Group (ASX:HZR) Is Using Debt Safely
Sep 06Investors Who Bought Hazer Group (ASX:HZR) Shares A Year Ago Are Now Up 374%
Mar 17Is Hazer Group's (ASX:HZR) Share Price Gain Of 242% Well Earned?
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$480k | -AU$19m |
| Mar 31 2024 | n/a | n/a | -AU$19m |
| Dec 31 2023 | n/a | n/a | -AU$19m |
| Sep 30 2023 | n/a | n/a | -AU$16m |
| Jun 30 2023 | AU$1m | AU$349k | -AU$12m |
Compensation vs Market: Glenn's total compensation ($USD1.04M) is above average for companies of similar size in the Australian market ($USD291.73K).
Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.
CEO
Glenn Corrie
2.2yrs
Tenure
AU$1,668,919
Compensation
Mr. Glenn Corrie serves as Chief Executive Officer and Executive Director of Hazer Group Limited since October 10, 2022 and serves as its Managing Director since April 3, 2023. He had been the Chief Execut...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.2yrs | AU$1.67m | 0.34% A$ 294.6k | |
| Chief Financial Officer | 2yrs | no data | no data | |
| Chief Operations Officer | less than a year | no data | no data | |
| Chief Technical Officer | 1.4yrs | no data | no data | |
| Chief People Officer | 1.9yrs | no data | no data | |
| Chief Commercial Officer | 1.8yrs | no data | no data | |
| Company Secretary | less than a year | no data | no data |
1.8yrs
Average Tenure
Experienced Management: HZR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 2.2yrs | AU$1.67m | 0.34% A$ 294.6k | |
| Independent Non-Executive Director | 3.1yrs | AU$115.90k | 0.29% A$ 252.0k | |
| Non-Executive Director | 3.7yrs | no data | no data | |
| Independent Non-Executive Director | 9.3yrs | AU$115.90k | 0.40% A$ 346.0k | |
| Member of Advisory Committee | 8.1yrs | no data | no data | |
| Member of Advisory Committee | 8.1yrs | no data | no data | |
| Independent Non-Executive Chairman | 7.4yrs | AU$175.17k | 1.11% A$ 968.6k |
7.4yrs
Average Tenure
61yo
Average Age
Experienced Board: HZR's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Hazer Group Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roger Bell | Hannam & Partners (Advisory) LLP |