SEEK Limited

ASX:SEK Stock Report

Market Cap: AU$7.9b

SEEK Management

Management criteria checks 3/4

SEEK's CEO is Ian Narev, appointed in Jul 2021, has a tenure of 3.42 years. total yearly compensation is A$4.94M, comprised of 37.9% salary and 62.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth A$10.63M. The average tenure of the management team and the board of directors is 5.2 years and 5.7 years respectively.

Key information

Ian Narev

Chief executive officer

AU$4.9m

Total compensation

CEO salary percentage37.9%
CEO tenure3.4yrs
CEO ownership0.1%
Management average tenure5.2yrs
Board average tenure5.7yrs

Recent management updates

Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

Nov 12
Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

Recent updates

SEEK (ASX:SEK) Will Be Hoping To Turn Its Returns On Capital Around

Dec 08
SEEK (ASX:SEK) Will Be Hoping To Turn Its Returns On Capital Around

Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

Nov 12
Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

SEEK Limited's (ASX:SEK) Price Is Out Of Tune With Revenues

Nov 10
SEEK Limited's (ASX:SEK) Price Is Out Of Tune With Revenues

Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Oct 21
Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

Aug 14
SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

SEEK Limited's (ASX:SEK) Share Price Matching Investor Opinion

Jul 19
SEEK Limited's (ASX:SEK) Share Price Matching Investor Opinion

We Think SEEK (ASX:SEK) Is Taking Some Risk With Its Debt

May 25
We Think SEEK (ASX:SEK) Is Taking Some Risk With Its Debt

Be Wary Of SEEK (ASX:SEK) And Its Returns On Capital

Apr 30
Be Wary Of SEEK (ASX:SEK) And Its Returns On Capital

Should You Think About Buying SEEK Limited (ASX:SEK) Now?

Apr 18
Should You Think About Buying SEEK Limited (ASX:SEK) Now?

Revenues Not Telling The Story For SEEK Limited (ASX:SEK)

Mar 26
Revenues Not Telling The Story For SEEK Limited (ASX:SEK)

Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Feb 15
Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

Feb 03
Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

SEEK Limited's (ASX:SEK) Business Is Trailing The Market But Its Shares Aren't

Dec 23
SEEK Limited's (ASX:SEK) Business Is Trailing The Market But Its Shares Aren't

CEO Compensation Analysis

How has Ian Narev's remuneration changed compared to SEEK's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$5mAU$2m

-AU$60m

Dec 31 2023n/an/a

AU$103m

Sep 30 2023n/an/a

AU$153m

Jun 30 2023AU$5mAU$2m

AU$230m

Mar 31 2023n/an/a

AU$240m

Dec 31 2022n/an/a

AU$249m

Sep 30 2022n/an/a

AU$245m

Jun 30 2022AU$6mAU$2m

AU$241m

Mar 31 2022n/an/a

AU$211m

Dec 31 2021n/an/a

AU$181m

Sep 30 2021n/an/a

AU$143m

Jun 30 2021AU$5mAU$2m

AU$105m

Dec 31 2020n/an/a

-AU$146m

Sep 30 2020n/an/a

-AU$134m

Jun 30 2020AU$5mAU$2m

-AU$121m

Mar 31 2020n/an/a

AU$22m

Dec 31 2019n/an/a

AU$157m

Sep 30 2019n/an/a

AU$168m

Jun 30 2019AU$899kAU$304k

AU$180m

Compensation vs Market: Ian's total compensation ($USD3.09M) is about average for companies of similar size in the Australian market ($USD2.72M).

Compensation vs Earnings: Ian's compensation has increased whilst the company is unprofitable.

CEO

Ian Narev (57 yo)

3.4yrs

Tenure

AU$4,936,842

Compensation

Mr. Ian Mark Narev, B.A., LL B (Hons) (Auck), LL M (cantab), LLM (NYU), serves as Chief Executive Officer and Executive Director at SEEK Limited since July 1, 2021 and has been its Managing Director since...

Leadership Team

NamePositionTenureCompensationOwnership
Ian Narev
CEO, MD & Executive Director3.4yrsAU$4.94m0.13%
A$ 10.6m
Andrew Bassat
Co-Founder & Non-Executive Director27.9yrsAU$168.00k3.84%
A$ 304.7m
Kendra Banks
Chief Financial Officerless than a yearno datano data
Ronnie Fink
Managing Director of Corporate Development9.8yrsno datano data
Kathleen McCudden
Group Executive for People & Culture8.6yrsno datano data
Tennealle O'Shannessy
Managing Director of Americas - AP & A6.9yrsno datano data
Damien Wodak
Managing Director of Strategy & Portfolio Managementno datano datano data
Lisa Tobin
Group Executive for Technologyless than a yearno datano data
Rachel Agnew
Company Secretary3.4yrsno datano data

5.2yrs

Average Tenure

57yo

Average Age

Experienced Management: SEK's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ian Narev
CEO, MD & Executive Director3.4yrsAU$4.94m0.13%
A$ 10.6m
Andrew Bassat
Co-Founder & Non-Executive Director27.3yrsAU$168.00k3.84%
A$ 304.7m
Jamaludin Bin Ibrahim
Independent Non-Executive Director1.4yrsAU$186.45k0.0017%
A$ 138.2k
Linda Kristjanson
Independent Non-Executive Director4.2yrsAU$186.45k0.0016%
A$ 131.1k
Leigh Jasper
Independent Non-Executive Director5.7yrsAU$201.83k0.019%
A$ 1.5m
Vanessa Wallace
Independent Non-Executive Director7.8yrsAU$206.95k0.0048%
A$ 379.8k
Graham Goldsmith
Independent Non-Executive Chairman12.2yrsAU$448.65k0.015%
A$ 1.2m
Rachael Powell
Independent Non-Executive Directorless than a yearAU$71.06k0.0011%
A$ 89.0k
Michael Wachtel
Independent Non-Executive Director6.3yrsAU$209.00k0.0022%
A$ 178.8k

5.7yrs

Average Tenure

61yo

Average Age

Experienced Board: SEK's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SEEK Limited is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited