BlueScope Steel Management

Management criteria checks 3/4

BlueScope Steel's CEO is Mark Vassella, appointed in Jan 2018, has a tenure of 6.67 years. total yearly compensation is A$4.81M, comprised of 41.1% salary and 58.9% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth A$22.69M. The average tenure of the management team and the board of directors is 1.7 years and 3.6 years respectively.

Key information

Mark Vassella

Chief executive officer

AU$4.8m

Total compensation

CEO salary percentage	41.1%
CEO tenure	6.7yrs
CEO ownership	0.2%
Management average tenure	1.7yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Vassella's remuneration changed compared to BlueScope Steel's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$5m	AU$2m	AU$805m
Mar 31 2024	n/a	n/a	AU$825m
Dec 31 2023	n/a	n/a	AU$844m
Sep 30 2023	n/a	n/a	AU$924m
Jun 30 2023	AU$5m	AU$2m	AU$1b
Mar 31 2023	n/a	n/a	AU$1b
Dec 31 2022	n/a	n/a	AU$2b
Sep 30 2022	n/a	n/a	AU$2b
Jun 30 2022	AU$5m	AU$2m	AU$3b
Mar 31 2022	n/a	n/a	AU$3b
Dec 31 2021	n/a	n/a	AU$3b
Sep 30 2021	n/a	n/a	AU$2b
Jun 30 2021	AU$6m	AU$2m	AU$1b
Mar 31 2021	n/a	n/a	AU$708m
Dec 31 2020	n/a	n/a	AU$233m
Sep 30 2020	n/a	n/a	AU$167m
Jun 30 2020	AU$5m	AU$2m	AU$101m
Dec 31 2019	n/a	n/a	AU$584m
Sep 30 2019	n/a	n/a	AU$802m
Jun 30 2019	AU$4m	AU$2m	AU$1b
Dec 31 2018	n/a	n/a	AU$2b
Sep 30 2018	n/a	n/a	AU$2b
Jun 30 2018	AU$4m	AU$1m	AU$2b

Compensation vs Market: Mark's total compensation ($USD3.31M) is about average for companies of similar size in the Australian market ($USD2.73M).

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

CEO

Mark Vassella (61 yo)

6.7yrs

Tenure

AU$4,805,460

Compensation

Mr. Mark Royce Vassella, BCom, MBA has been Managing Director, Chief Executive Officer and Executive Director of BlueScope Steel Limited since January 01, 2018. Mr. Vassella joined BlueScope following its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Vassella	MD, CEO & Executive Director	6.7yrs	AU$4.81m	0.24% A$ 22.7m
David Fallu	Chief Financial Officer	less than a year	AU$1.80m	no data
Tania Archibald	Chief Executive of Australian Steel Products	1.6yrs	AU$2.04m	0.032% A$ 3.0m
Kristie Keast	Chief Executive of North America	1.6yrs	AU$2.51m	0.015% A$ 1.4m
Robin Davies	Chief Executive of New Zealand & Pacific Islands	2.7yrs	AU$1.34m	0.0023% A$ 214.6k
Connell Zhang	Chief Executive of NS BlueScope & China	3.4yrs	AU$2.79m	no data
John Nowlan	Chief Technical & Development Officer	1.7yrs	AU$1.63m	0.086% A$ 8.1m
Sam Charmand	Chief Digital and Information Officer	less than a year	no data	no data
Chris Gibbs	Head of Investor Relations	no data	no data	no data
Debra Counsell	Chief Legal Officer & Company Secretary	7.7yrs	no data	no data
Peta Renkin	Chief People Officer	1.6yrs	no data	no data
Gerry Tidd	Executive Vice President of Corporate Affairs	18.7yrs	no data	no data

1.7yrs

Average Tenure

Experienced Management: BSL's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Vassella	MD, CEO & Executive Director	6.7yrs	AU$4.81m	0.24% A$ 22.7m
Peter Alexander	Independent Non-Executive Director	2yrs	AU$234.78k	0.0037% A$ 342.1k
Jane McAloon	Independent Non-Executive Chairman	2yrs	AU$410.07k	0.0034% A$ 323.4k
Jennifer Lambert	Independent Non-Executive Director	7yrs	AU$275.65k	0.0049% A$ 462.1k
Kathleen Conlon	Independent Non-Executive Director	4.6yrs	AU$264.42k	0.0023% A$ 218.4k
K'Lynne Johnson	Independent Non-Executive Director	2.7yrs	AU$256.82k	no data
Zhi-Qiang Zhang	Independent Non-Executive Director	2.7yrs	AU$268.78k	0.0029% A$ 273.7k
Rebecca Dee-Bradbury	Independent Non-Executive Director	10.4yrs	AU$268.54k	0.0062% A$ 583.0k
Ewen Graham Crouch	Independent Non-Executive Director	11.5yrs	AU$260.19k	0.0096% A$ 899.8k
Alistair Field	Independent Non-Executive Director	less than a year	AU$117.11k	0.00057% A$ 53.4k

3.6yrs

Average Tenure

60yo

Average Age

Experienced Board: BSL's board of directors are considered experienced (3.6 years average tenure).

BlueScope Steel Management

Management criteria checks 3/4

Key information

Recent management updates

MD, CEO & Executive Director recently sold AU$2.4m worth of stock

High number of new directors

Bluescope Steel Limited Appoints Alistair Field as Director

BlueScope Steel Limited Appoints Mr. Alistair Field as Non-Executive Director, Effect from 15 January 2024

BlueScope Steel Limited, Annual General Meeting, Nov 19, 2024

Independent Non-Executive Director recently bought AU$293k worth of stock

Recent updates

Upcoming dividend of AU$0.30 per share

MD, CEO & Executive Director recently sold AU$2.4m worth of stock

BlueScope Steel Limited Announces Fully Franked Final Dividend for the Six Months Ended June 30, 2024, Payable on October 15, 2024

New minor risk - Dividend sustainability

Full year 2024 earnings released: EPS: AU$1.80 (vs AU$2.16 in FY 2023)

New major risk - Revenue and earnings growth

BlueScope Steel Limited to Report Fiscal Year 2025 Results on Aug 18, 2025

BlueScope Steel Limited to Report First Half, 2025 Results on Feb 17, 2025

Now 20% undervalued after recent price drop

First half 2024 earnings released: EPS: AU$0.97 (vs AU$1.28 in 1H 2023)

High number of new directors

Bluescope Steel Limited Appoints Alistair Field as Director

New minor risk - Shareholder dilution

Upcoming dividend of AU$0.25 per share at 2.3% yield

Full year 2023 earnings released: EPS: AU$2.16 (vs AU$5.71 in FY 2022)

Bluescope Steel Limited Announces Dividend, Payable on October 17, 2023

Now 20% undervalued

BlueScope Steel Limited Appoints Mr. Alistair Field as Non-Executive Director, Effect from 15 January 2024

BlueScope Steel Limited, Annual General Meeting, Nov 19, 2024

Independent Non-Executive Director recently bought AU$293k worth of stock

First half 2023 earnings released: EPS: AU$1.28 (vs AU$3.29 in 1H 2022)

Now 22% undervalued

BlueScope Steel Limited Announces Fully Franked Interim Dividend for the Six Months Ended December 31, 2022, Payable on March 28, 2023

BlueScope Steel Limited Announces CFO Changes

High number of new directors

High number of new directors

High number of new directors

MD, CEO & Executive Director recently sold AU$2.6m worth of stock

Upcoming dividend of AU$0.25 per share

Full year 2022 earnings released: EPS: AU$5.71 (vs AU$2.35 in FY 2021)

BlueScope Steel Limited Announces Unfranked Dividend for the Six Months Ended June 30, 2022, Payable on October 12, 2022

BlueScope Steel Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

BlueScope Steel Limited (ASX:BSL) completed the acquisition of Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR).

BlueScope Steel Limited Announces Resignation of Mark Hutchinson from the Company's Board

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR) for $500 million.

First half 2022 earnings: Revenues and EPS in line with analyst expectations

BlueScope Steel Limited Announces Unfranked Interim Dividend for the Six Months Ended December 31, 2021, Payable on March 29, 2022

Upcoming dividend of AU$0.44 per share

BlueScope Steel Limited (ASX:BSL) announces an Equity Buyback for AUD 500 million worth of its shares.

New 90-day high: AU$19.00

First half 2021 earnings released: EPS AU$0.64 (vs AU$0.38 in 1H 2020)

Revenue beats expectations

BlueScope Steel Limited Appoints Gretta Stephens as Chief Executive Climate Change

BlueScope Steel Limited Revised Earnings Guidance for the First Half of 2021

New 90-day high: AU$18.64

New 90-day high: AU$17.77

New 90-day high: AU$17.73

New 90-day high: AU$16.22

New 90-day high: AU$14.82

New 90-day high: AU$13.41

BlueScope Steel Limited to Report Fiscal Year 2021 Results on Aug 16, 2021

MD, CEO & Director recently sold AU$468.6k worth of stock

New 90-day high - AU$13.11

Upcoming Dividend of AU$0.08 Per Share

Full year earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age