Macmahon Holdings Management

Management criteria checks 2/4

Macmahon Holdings' CEO is Mick Finnegan, appointed in Nov 2016, has a tenure of 7.42 years. total yearly compensation is A$2.20M, comprised of 41.5% salary and 58.5% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth A$1.25M. The average tenure of the management team and the board of directors is 2.3 years and 1.9 years respectively.

Key information

Mick Finnegan

Chief executive officer

AU$2.2m

Total compensation

CEO salary percentage	41.5%
CEO tenure	7.4yrs
CEO ownership	0.2%
Management average tenure	2.3yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mick Finnegan's remuneration changed compared to Macmahon Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$71m
Sep 30 2023	n/a	n/a	AU$64m
Jun 30 2023	AU$2m	AU$915k	AU$58m
Mar 31 2023	n/a	n/a	AU$53m
Dec 31 2022	n/a	n/a	AU$47m
Sep 30 2022	n/a	n/a	AU$37m
Jun 30 2022	AU$2m	AU$874k	AU$27m
Mar 31 2022	n/a	n/a	AU$31m
Dec 31 2021	n/a	n/a	AU$36m
Sep 30 2021	n/a	n/a	AU$55m
Jun 30 2021	AU$2m	AU$678k	AU$75m
Mar 31 2021	n/a	n/a	AU$77m
Dec 31 2020	n/a	n/a	AU$79m
Sep 30 2020	n/a	n/a	AU$72m
Jun 30 2020	AU$2m	AU$623k	AU$65m
Mar 31 2020	n/a	n/a	AU$58m
Dec 31 2019	n/a	n/a	AU$51m
Sep 30 2019	n/a	n/a	AU$49m
Jun 30 2019	AU$2m	AU$604k	AU$46m
Dec 31 2018	n/a	n/a	AU$47m
Sep 30 2018	n/a	n/a	AU$39m
Jun 30 2018	AU$1m	AU$510k	AU$31m
Dec 31 2017	n/a	n/a	AU$8m
Sep 30 2017	n/a	n/a	AU$1m
Jun 30 2017	AU$431k	AU$341k	-AU$6m

Compensation vs Market: Mick's total compensation ($USD1.45M) is above average for companies of similar size in the Australian market ($USD779.72K).

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

CEO

Mick Finnegan (48 yo)

7.4yrs

Tenure

AU$2,204,600

Compensation

Mr. Michael John Finnegan, also known as Mick, has been the Chief Executive Officer of MacMahon Holdings Ltd. since November 2016. He has been Managing Director and Director of Macmahon Holdings Limited si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Finnegan	CEO, COO	7.4yrs	AU$2.20m	0.24% A$ 1.3m
Ursula Lummis	Chief Financial Officer	2.4yrs	AU$995.10k	no data
Chris Chong	General Manager of Investor Relations & Strategy	no data	no data	no data
Maha Chaar	General Counsel & Company Secretary	2.3yrs	no data	no data
Peter Pollard	Chief Corporate Development Officer	less than a year	AU$410.94k	no data
Nicola Hamilton	Executive General Manager of People	no data	no data	no data
Donald James	Chief Commercial Officer	2.2yrs	AU$423.68k	no data

2.3yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Finnegan	CEO, COO	4.5yrs	AU$2.20m	0.24% A$ 1.3m
Hamish Tyrwhitt	Independent Non-Executive Chairman	4.5yrs	AU$190.96k	0.039% A$ 211.5k
Dharmendra Chandran	Independent Non-Executive Director	less than a year	no data	no data
Denise McComish	Independent Non-Executive Director	3.1yrs	AU$170.00k	0.034% A$ 181.5k
David Gibbs	Non-Executive Director	less than a year	no data	0.012% A$ 66.3k
Grahame White	Independent Non-Executive Director	less than a year	no data	no data

1.9yrs

Average Tenure

60yo

Average Age

Experienced Board: MAH's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Macmahon Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Macmahon Holdings Limited Announces Executive Changes, Effective 31 January 2024

Macmahon Holdings Limited Announces Board Changes

Less than half of directors are independent

Macmahon Holdings Limited, Annual General Meeting, Oct 20, 2023

Macmahon Holdings Limited Announces Changes to Its Board of Directors

Insufficient new directors

Recent updates

Macmahon Holdings Limited (ASX:MAH) agreed to acquire Decmil Group Limited (ASX:DCG) fromThorney Investment Group Australia Pty. Ltd., Horley Pty Ltd and others for AUD 100 million

Macmahon Holdings Limited (ASX:MAH) agreed to acquire Decmil Group Limited (ASX:DCG) fromThorney Investment Group Australia Pty. Ltd., Horley Pty Ltd and others for AUD 100 million

First half dividend increased to AU$0.0045

First half 2024 earnings released: EPS: AU$0.017 (vs AU$0.011 in 1H 2023)

Macmahon Holdings Limited to Report First Half, 2024 Results on Feb 20, 2024

Macmahon Holdings Limited Announces Executive Changes, Effective 31 January 2024

Macmahon Holdings Limited Announces Board Changes

Macmahon Holdings Limited Reaffirms Earnings Guidance for the Fiscal Year 2024

Less than half of directors are independent

Macmahon Holdings Limited, Annual General Meeting, Oct 20, 2023

Full year 2023 earnings released: EPS: AU$0.028 (vs AU$0.013 in FY 2022)

Macmahon Holdings Limited to Report Fiscal Year 2023 Results on Aug 22, 2023

Macmahon Holdings Limited Announces Changes to Its Board of Directors

Macmahon Holdings Limited Revises Financial Guidance for the Fiscal Year 2023

First half 2023 earnings released: EPS: AU$0.011 (vs AU$0.002 in 1H 2022)

Macmahon Holdings Limited to Report First Half, 2023 Results on Feb 21, 2023

Insufficient new directors

Insufficient new directors

Macmahon Holdings Limited, Annual General Meeting, Oct 21, 2022

Full year 2022 earnings released: EPS: AU$0.013 (vs AU$0.036 in FY 2021)

Macmahon Holdings Limited Announces Unfranked Final Dividend for the Year Ended June 30, 2022, Payable on October 7, 2022

Macmahon Holdings Limited to Report Fiscal Year 2022 Results on Aug 23, 2022

Board Member recently bought AU$50k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Macmahon Holdings Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on April 6, 2022

Macmahon Holdings Limited to Report First Half, 2022 Results on Feb 22, 2022

Non-Independent Non-Executive Director recently bought AU$51k worth of stock

Full year 2021 earnings released: EPS AU$0.037 (vs AU$0.031 in FY 2020)

Macmahon Holdings Limited Provides Earnings Guidance for the Fiscal 2022

Macmahon Holdings Limited Reaffirms Earnings Guidance for the Fiscal Year 2021

Board Member recently bought AU$56k worth of stock

Independent Non-Executive Director recently bought AU$99k worth of stock

Macmahon Holdings Limited Announces Letter of Intent Received for King of the Hills Surface and Underground Gold Project

Macmahon Holdings Limited Announces Resignation of Katina Nadebaum as Company Secretary

Non-Independent Non-Executive Director recently bought AU$54k worth of stock

Macmahon Holdings Limited Appoints Denise McComish as an Independent Non-Executive Director, Effective from 1 March 2021

New 90-day low: AU$0.23

First half 2021 earnings released: EPS AU$0.021 (vs AU$0.014 in 1H 2020)

Macmahon Holdings Limited Revises Earnings Guidance for the Fiscal Year 2021

Macmahon Holdings Limited Secures $220 million Contract At Deflector Underground

Macmahon Holdings Limited to Report First Half, 2021 Results on Feb 23, 2021

New 90-day high: AU$0.27

New 90-day low: AU$0.23

New 90-day low: AU$0.24

Calidus Resources Limited Selects Macmahon Holdings Limited as Preferred Mining Contractor

Earnings released

New 90-day high - AU$0.28

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age