Sims Management
Management criteria checks 3/4
Sims' CEO is Stephen Mikkelsen, appointed in Oct 2023, has a tenure of 1.08 years. total yearly compensation is A$2.77M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth A$1.90M. The average tenure of the management team and the board of directors is 4.5 years and 2.6 years respectively.
Key information
Stephen Mikkelsen
Chief executive officer
AU$2.8m
Total compensation
| CEO salary percentage | 49.1% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.07% |
| Management average tenure | 4.5yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
A Look At The Fair Value Of Sims Limited (ASX:SGM)
Nov 07
There Is A Reason Sims Limited's (ASX:SGM) Price Is Undemanding
Sep 16Sims Limited's (ASX:SGM) Subdued P/E Might Signal An Opportunity
May 07Sims (ASX:SGM) Is Carrying A Fair Bit Of Debt
Feb 24Is Sims Limited (ASX:SGM) Trading At A 30% Discount?
Dec 22Sims' (ASX:SGM) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 28These 4 Measures Indicate That Sims (ASX:SGM) Is Using Debt Extensively
Sep 11Sims' (ASX:SGM) Dividend Is Being Reduced To A$0.21
Aug 18Sims (ASX:SGM) Will Want To Turn Around Its Return Trends
Jul 12Do Sims' (ASX:SGM) Earnings Warrant Your Attention?
May 26Sims (ASX:SGM) Might Be Having Difficulty Using Its Capital Effectively
Apr 12Does Sims (ASX:SGM) Have A Healthy Balance Sheet?
Mar 30Calculating The Fair Value Of Sims Limited (ASX:SGM)
Mar 15There's Been No Shortage Of Growth Recently For Sims' (ASX:SGM) Returns On Capital
Dec 16Here's Why Sims (ASX:SGM) Can Manage Its Debt Responsibly
Nov 29If EPS Growth Is Important To You, Sims (ASX:SGM) Presents An Opportunity
Nov 08Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Sims' (ASX:SGM) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 18Sims (ASX:SGM) Might Have The Makings Of A Multi-Bagger
Jul 19Are Investors Undervaluing Sims Limited (ASX:SGM) By 48%?
May 18Returns On Capital Are Showing Encouraging Signs At Sims (ASX:SGM)
Apr 12An Intrinsic Calculation For Sims Limited (ASX:SGM) Suggests It's 42% Undervalued
Feb 02Returns Are Gaining Momentum At Sims (ASX:SGM)
Jan 11Is There An Opportunity With Sims Limited's (ASX:SGM) 33% Undervaluation?
Oct 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$3m | AU$1m | AU$2m |
| Dec 31 2023 | n/a | n/a | AU$146m |
| Sep 30 2023 | n/a | n/a | AU$164m |
| Jun 30 2023 | AU$2m | AU$1m | AU$197m |
| Mar 31 2023 | n/a | n/a | AU$314m |
| Dec 31 2022 | n/a | n/a | AU$447m |
| Sep 30 2022 | n/a | n/a | AU$523m |
| Jun 30 2022 | AU$5m | AU$1m | AU$599m |
| Mar 31 2022 | n/a | n/a | AU$514m |
| Dec 31 2021 | n/a | n/a | AU$430m |
| Sep 30 2021 | n/a | n/a | AU$330m |
| Jun 30 2021 | AU$4m | AU$1m | AU$229m |
| Mar 31 2021 | n/a | n/a | AU$54m |
| Dec 31 2020 | n/a | n/a | -AU$121m |
| Sep 30 2020 | n/a | n/a | -AU$193m |
| Jun 30 2020 | AU$2m | AU$1m | -AU$265m |
| Mar 31 2020 | n/a | n/a | -AU$140m |
| Dec 31 2019 | n/a | n/a | -AU$15m |
| Sep 30 2019 | n/a | n/a | AU$69m |
| Jun 30 2019 | AU$3m | AU$1m | AU$153m |
| Mar 31 2019 | n/a | n/a | AU$171m |
| Dec 31 2018 | n/a | n/a | AU$189m |
| Sep 30 2018 | n/a | n/a | AU$196m |
| Jun 30 2018 | AU$2m | AU$431k | AU$204m |
Compensation vs Market: Stephen's total compensation ($USD1.84M) is about average for companies of similar size in the Australian market ($USD1.45M).
Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.
CEO
Stephen Mikkelsen (60 yo)
1.1yrs
Tenure
AU$2,769,439
Compensation
Mr. Stephen John Mikkelsen, BBS, CA, serves as Group Chief Executive Officer and Managing Director of Sims Limited since October 01, 2023 and had been its Group Chief Financial Officer since January 29, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 1.1yrs | AU$2.77m | 0.072% A$ 1.9m | |
| Group Chief Financial Officer | less than a year | AU$1.67m | no data | |
| Global Chief Operating Officer of Sims Metal | 7.3yrs | AU$1.97m | 0.11% A$ 2.8m | |
| Global Chief Commercial Officer - Sims Metal | 2.3yrs | AU$2.17m | 0.0078% A$ 205.9k | |
| Group General Counsel & Company Secretary | 6yrs | no data | no data | |
| Global Head of Communications & Marketing | no data | no data | no data | |
| Group Chief Human Resources Officer | 6.8yrs | no data | no data | |
| Global President of Sims Lifecycle Services | 5.8yrs | no data | no data | |
| Joint Company Secretary | 3.3yrs | no data | no data | |
| Assistant Company Secretary | no data | no data | no data |
4.5yrs
Average Tenure
Experienced Management: SGM's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 1.1yrs | AU$2.77m | 0.072% A$ 1.9m | |
| Independent Non-Executive Director | 10yrs | AU$267.47k | 0.0091% A$ 239.1k | |
| Independent Non-Executive Director | 1.2yrs | AU$225.78k | 0.0052% A$ 137.6k | |
| Independent Non-Executive Director | 3.1yrs | AU$253.51k | 0.0040% A$ 105.2k | |
| Independent Chairman of the Board | 2.2yrs | AU$327.26k | 0.016% A$ 428.1k | |
| Independent Non-Executive Director | 4.4yrs | AU$250.13k | 0.0034% A$ 88.8k | |
| Non-Independent Non-Executive Director | 6yrs | AU$240.27k | no data | |
| Independent Non-Executive Director | less than a year | AU$50.02k | no data |
2.6yrs
Average Tenure
64.5yo
Average Age
Experienced Board: SGM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.