Clover Management

Management criteria checks 4/4

Clover's CEO is Peter Davey, appointed in Nov 2014, has a tenure of 9.67 years. total yearly compensation is A$564.14K, comprised of 88.3% salary and 11.7% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth A$298.78K. The average tenure of the management team and the board of directors is 2.3 years and 8.2 years respectively.

Key information

Peter Davey

Chief executive officer

AU$564.1k

Total compensation

CEO salary percentage	88.3%
CEO tenure	9.7yrs
CEO ownership	0.4%
Management average tenure	2.3yrs
Board average tenure	8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Davey's remuneration changed compared to Clover's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	AU$2m
Oct 31 2023	n/a	n/a	AU$4m
Jul 31 2023	n/a	n/a	AU$6m
Apr 30 2023	n/a	n/a	AU$7m
Jan 31 2023	n/a	n/a	AU$9m
Oct 31 2022	n/a	n/a	AU$8m
Jul 31 2022	n/a	n/a	AU$7m
Apr 30 2022	n/a	n/a	AU$6m
Jan 31 2022	n/a	n/a	AU$6m
Oct 31 2021	n/a	n/a	AU$6m
Jul 31 2021	n/a	n/a	AU$6m
Apr 30 2021	n/a	n/a	AU$8m
Jan 31 2021	n/a	n/a	AU$10m
Oct 31 2020	n/a	n/a	AU$11m
Jul 31 2020	AU$952k	AU$441k	AU$12m
Apr 30 2020	n/a	n/a	AU$11m
Jan 31 2020	n/a	n/a	AU$10m
Oct 31 2019	n/a	n/a	AU$10m
Jul 31 2019	AU$2m	AU$417k	AU$10m
Apr 30 2019	n/a	n/a	AU$9m
Jan 31 2019	n/a	n/a	AU$9m
Oct 31 2018	n/a	n/a	AU$8m
Jul 31 2018	AU$1m	AU$394k	AU$8m
Apr 30 2018	n/a	n/a	AU$7m
Jan 31 2018	n/a	n/a	AU$6m
Oct 31 2017	n/a	n/a	AU$5m
Jul 31 2017	AU$475k	AU$346k	AU$4m

Compensation vs Market: Peter's total compensation ($USD379.89K) is about average for companies of similar size in the Australian market ($USD300.74K).

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

CEO

Peter Davey

9.7yrs

Tenure

AU$564,142

Compensation

Mr. Peter J. Davey, MBA, GradDip Bus., Dip Art(Design), GAICD, has been Chief Executive Officer and Managing Director of Clover Corporation Limited since November 11, 2014. Mr. Davey has held senior manage...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Davey	CEO, MD & Executive Director	9.7yrs	AU$564.14k	0.37% A$ 298.8k
Andrew G. Allibon	CFO & Company Secretary	3.2yrs	AU$284.34k	no data
David Pierotti	Director of Operations	no data	AU$195.69k	no data
Bassam Hallak	Director of Sales & Marketing	1.5yrs	no data	no data
Anne Roach	General Manager of People & Culture	1.3yrs	no data	no data
S. Poothong	Chief Commercial Officer	no data	AU$235.06k	no data

2.3yrs

Average Tenure

Experienced Management: CLV's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Davey	CEO, MD & Executive Director	9.7yrs	AU$564.14k	0.37% A$ 298.8k
Rupert Harrington	Independent Non-Executive Chairman	9yrs	AU$138.28k	0.44% A$ 357.2k
Ian Glasson	Independent Non-Executive Director	7.4yrs	AU$83.64k	0.048% A$ 39.2k
Graeme Billings	Independent Non-Executive Director	11.2yrs	AU$83.64k	0.030% A$ 24.5k
Toni Brendish	Independent Non-Executive Director	3.8yrs	AU$78.34k	0.026% A$ 21.3k
Simon Green	Independent Non-Executive Director	3.8yrs	AU$78.34k	0.022% A$ 17.8k

8.2yrs

Average Tenure

Experienced Board: CLV's board of directors are considered experienced (8.2 years average tenure).

Clover Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Non-Executive Chairman recently bought AU$100k worth of stock

Insufficient new directors

Clover Corporation Limited, Annual General Meeting, Nov 23, 2023

Clover Corporation Limited, Annual General Meeting, Nov 24, 2022

CEO, MD & Director recently sold AU$404k worth of stock

Independent Chairman recently bought AU$99k worth of stock

Recent updates

Now 22% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Independent Non-Executive Chairman recently bought AU$100k worth of stock

Now 23% undervalued after recent price drop

First half 2024 earnings released: AU$0.004 loss per share (vs AU$0.022 profit in 1H 2023)

Clover Corporation Limited Declares Payment of Final Dividend for the Financial Year 2023

Insufficient new directors

Clover Corporation Limited, Annual General Meeting, Nov 23, 2023

New minor risk - Market cap size

Full year 2023 earnings released: EPS: AU$0.037 (vs AU$0.043 in FY 2022)

Clover Corporation Limited Declares Fully Franked Final Dividend for the Financial Year Ended 31 July 2023, Payable on 20 November 2023

First half 2023 earnings released: EPS: AU$0.022 (vs AU$0.012 in 1H 2022)

Clover Corporation Limited Payment of Final Dividend for the Financial Year 2022

Clover Informs Study Results by the South Australian Health and Medical Research Institute

Clover Corporation Limited Declares Fully Franked Final Dividend for the Year Ended 31 July 2022, Payable on 22 November 2022

Upcoming dividend of AU$0.01 per share

Clover Corporation Limited, Annual General Meeting, Nov 24, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Now 23% undervalued after recent price drop

Full year 2021 earnings released: EPS AU$0.036 (vs AU$0.075 in FY 2020)

Investor sentiment improved over the past week

CFO & Company Secretary has left the company

Investor sentiment deteriorated over the past week

Clover Corporation Ltd Announces Payment of Interim Dividend for the Half Year Ended January 31, 2021

Investor sentiment improved over the past week

First half 2021 earnings released: EPS AU$0.015 (vs AU$0.028 in 1H 2020)

Clover Corporation Limited Provides Revenue Guidance for the Fiscal Year 2021

Clover Corporation Limited Declares Dividend for the First Half of 2021, Payable on April 29, 2021

New 90-day low: AU$1.45

New 90-day low: AU$1.47

New 90-day low: AU$1.62

CEO, MD & Director recently sold AU$404k worth of stock

Independent Chairman recently bought AU$99k worth of stock

Clover Corporation Limited Announces Board Changes

New 90-day low: AU$2.00

New 90-day low: AU$2.10

Full year earnings released

New 90-day high - AU$2.40

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure