Magontec Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Nick Andrews

Chief executive officer

AU$699.6k

Total compensation

CEO salary percentage76.0%
CEO tenure14.7yrs
CEO ownership2.2%
Management average tenure8.1yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006

Mar 04
Magontec (ASX:MGL) Is Due To Pay A Dividend Of A$0.006

Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To Continue

Jan 31
Magontec (ASX:MGL) Shareholders Will Want The ROCE Trajectory To Continue

Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To Persist

Nov 01
Investors Will Want Magontec's (ASX:MGL) Growth In ROCE To Persist

Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole Picture

Sep 07
Magontec's (ASX:MGL) Soft Earnings Don't Show The Whole Picture

Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006

Sep 06
Magontec (ASX:MGL) Will Pay A Dividend Of A$0.006

Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Sep 01
Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Magontec (ASX:MGL) Knows How To Allocate Capital Effectively

Jul 19
Magontec (ASX:MGL) Knows How To Allocate Capital Effectively

Is Magontec (ASX:MGL) Using Too Much Debt?

May 12
Is Magontec (ASX:MGL) Using Too Much Debt?

Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For Excitement

Mar 06
Magontec Limited (ASX:MGL) Surges 48% Yet Its Low P/E Is No Reason For Excitement

Why We Like The Returns At Magontec (ASX:MGL)

Jan 23
Why We Like The Returns At Magontec (ASX:MGL)

Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Oct 05
Magontec (ASX:MGL) Seems To Use Debt Quite Sensibly

Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Aug 12
Magontec (ASX:MGL) Is Experiencing Growth In Returns On Capital

Is Magontec (ASX:MGL) A Risky Investment?

Apr 29
Is Magontec (ASX:MGL) A Risky Investment?

Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns

Feb 20
Magontec (ASX:MGL) Hasn't Managed To Accelerate Its Returns

Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes

Nov 08
Returns On Capital At Magontec (ASX:MGL) Have Hit The Brakes

Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet

Oct 04
Magontec (ASX:MGL) Has A Pretty Healthy Balance Sheet

It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope

May 18
It Looks Like Magontec Limited's (ASX:MGL) CEO May Expect Their Salary To Be Put Under The Microscope

Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden

May 04
Here's Why Magontec (ASX:MGL) Has A Meaningful Debt Burden

Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital

Mar 06
Here's What We Make Of Magontec's (ASX:MGL) Returns On Capital

Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?

Dec 15
Does Magontec (ASX:MGL) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Nick Andrews's remuneration changed compared to Magontec's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023AU$700kAU$532k

AU$466k

Sep 30 2023n/an/a

AU$2m

Jun 30 2023n/an/a

AU$5m

Mar 31 2023n/an/a

AU$11m

Dec 31 2022AU$768kAU$513k

AU$17m

Sep 30 2022n/an/a

AU$19m

Jun 30 2022n/an/a

AU$18m

Mar 31 2022n/an/a

AU$11m

Dec 31 2021AU$609kAU$460k

AU$5m

Sep 30 2021n/an/a

AU$1m

Jun 30 2021n/an/a

AU$562k

Mar 31 2021n/an/a

-AU$77k

Dec 31 2020AU$382kAU$387k

-AU$717k

Sep 30 2020n/an/a

-AU$1m

Jun 30 2020n/an/a

-AU$2m

Mar 31 2020n/an/a

-AU$2m

Dec 31 2019AU$484kAU$425k

-AU$1m

Sep 30 2019n/an/a

-AU$260k

Jun 30 2019n/an/a

AU$850k

Mar 31 2019n/an/a

AU$813k

Dec 31 2018AU$471kAU$425k

AU$776k

Sep 30 2018n/an/a

-AU$137k

Jun 30 2018n/an/a

-AU$1m

Mar 31 2018n/an/a

-AU$1m

Dec 31 2017AU$481kAU$404k

-AU$2m

Compensation vs Market: Nick's total compensation ($USD451.29K) is above average for companies of similar size in the Australian market ($USD289.12K).

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


CEO

Nick Andrews (66 yo)

14.7yrs

Tenure

AU$699,589

Compensation

Mr. Nicholas William Andrews, also known as Nick, B Ec.(Syd), MSDIA, MAICD, serves as Independent Director of Carbonxt Group Limited since September 2023. He serves as Executive Chairman of Magontec Limite...


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Andrews
Executive Chairman & Chief Executiveno dataAU$699.59k2.23%
A$ 583.3k
Derryn Chin
Chief Financial Officer8.1yrsAU$416.12k0.13%
A$ 34.3k
Christoph Klein-Schmeink
President of Magontec Europeno dataAU$526.01k0.60%
A$ 158.4k
Xunyou Tong
President of Magontec Asiano dataAU$484.71k0.86%
A$ 226.5k
Joel Forwood
Manager of Investor Relationsno datano datano data
Patrick Look
Vice President of Finance & Human Resources12.3yrsno datano data
Dean Taylor
Company Secretary1.3yrsno datano data

8.1yrs

Average Tenure

58yo

Average Age

Experienced Management: MGL's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nicholas Andrews
Executive Chairman & Chief Executive14.7yrsAU$699.59k2.23%
A$ 583.3k
Willie Labuschagne
Independent Director10.3yrsAU$60.00kno data
Zhongjun Li
Non-Executive Director14.7yrsAU$60.00k0.035%
A$ 9.2k
Robert Kaye
Lead Independent Director10.8yrsAU$80.00k0.31%
A$ 80.0k
Atul Malhotra
Independent Non-Executive director5.3yrsAU$60.50kno data
Xingcai Li
Non-Executive Director1.6yrsno datano data

10.5yrs

Average Tenure

59yo

Average Age

Experienced Board: MGL's board of directors are seasoned and experienced ( 10.5 years average tenure).


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