IVE Group Management

Management criteria checks 2/4

IVE Group's CEO is Matt Aitken, appointed in Aug 2019, has a tenure of 4.67 years. total yearly compensation is A$1.30M, comprised of 52.1% salary and 47.9% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth A$15.66K. The average tenure of the management team and the board of directors is 6.8 years and 8.4 years respectively.

Key information

Matt Aitken

Chief executive officer

AU$1.3m

Total compensation

CEO salary percentage	52.1%
CEO tenure	4.7yrs
CEO ownership	0.005%
Management average tenure	6.8yrs
Board average tenure	8.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Aitken's remuneration changed compared to IVE Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$15m
Sep 30 2023	n/a	n/a	AU$16m
Jun 30 2023	AU$1m	AU$675k	AU$17m
Mar 31 2023	n/a	n/a	AU$21m
Dec 31 2022	n/a	n/a	AU$24m
Sep 30 2022	n/a	n/a	AU$25m
Jun 30 2022	AU$1m	AU$617k	AU$27m
Dec 31 2021	n/a	n/a	AU$24m
Sep 30 2021	n/a	n/a	AU$24m
Jun 30 2021	AU$980k	AU$618k	AU$24m
Dec 31 2020	n/a	n/a	-AU$13m
Sep 30 2020	n/a	n/a	-AU$17m
Jun 30 2020	AU$575k	AU$517k	-AU$21m
Dec 31 2019	n/a	n/a	AU$26m
Sep 30 2019	n/a	n/a	AU$30m
Jun 30 2019	AU$617k	AU$493k	AU$33m
Mar 31 2019	n/a	n/a	AU$30m
Dec 31 2018	n/a	n/a	AU$28m
Sep 30 2018	n/a	n/a	AU$27m
Jun 30 2018	AU$573k	AU$466k	AU$26m
Mar 31 2018	n/a	n/a	AU$25m
Dec 31 2017	n/a	n/a	AU$25m
Sep 30 2017	n/a	n/a	AU$18m
Jun 30 2017	AU$456k	AU$376k	AU$12m

Compensation vs Market: Matt's total compensation ($USD846.99K) is above average for companies of similar size in the Australian market ($USD641.19K).

Compensation vs Earnings: Matt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Matt Aitken

4.7yrs

Tenure

AU$1,296,232

Compensation

Mr. Matthew Aitken, also known as Matt, has been Chief Executive Officer of IVE Group Limited since August 5, 2019. He served as the Chief Operating Officer at IVE Group Limited since August 2014 until Aug...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Geoff Selig	Executive Chairman	11.5yrs	AU$1.45m	2.18% A$ 7.0m
Matthew Aitken	Chief Executive Officer	4.7yrs	AU$1.30m	0.0049% A$ 15.7k
Darren Dunkley	CFO & Joint Company Secretary	12.3yrs	AU$935.21k	0.018% A$ 57.7k
Paul Selig	Executive Director	no data	AU$330.00k	0.032% A$ 104.0k
Rob Draper	Chief Marketing Officer	4.8yrs	no data	no data
Matthew Paule	Chief Product Officer	no data	no data	no data
Glen Draper	Chief Executive Officer of Integrated Marketing & Creative Services	11.3yrs	no data	no data
Clifford Douglas Brigstocke	Chief Executive Officer of Production & Distribution	no data	no data	no data
Sean Smith	Chief Executive Officer of Data-Driven Communications	no data	no data	no data
Darryl Meyer	Chief Executive Officer of Print Web Offset	no data	no data	no data
Sarah Prince	Joint Company Secretary	3.4yrs	no data	no data

6.8yrs

Average Tenure

Experienced Management: IGL's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Geoff Selig	Executive Chairman	11.5yrs	AU$1.45m	2.18% A$ 7.0m
Paul Selig	Executive Director	8.8yrs	AU$330.00k	0.032% A$ 104.0k
James Scott Todd	Independent Non-Executive Director	8.8yrs	AU$110.00k	0.079% A$ 254.5k
Sandra Hook	Independent Non-Executive Director	7.8yrs	AU$110.00k	0.014% A$ 45.4k
Gavin Bell	Lead Independent Director	8.4yrs	AU$110.00k	0% A$ 0
Andrew Peter Bird	Independent Non-Executive Director	2yrs	AU$110.00k	0.29% A$ 937.4k
Catherine Aston	Independent Non-Executive Director	3.3yrs	AU$110.00k	0.0047% A$ 15.0k

8.4yrs

Average Tenure

Experienced Board: IGL's board of directors are considered experienced (8.4 years average tenure).

IVE Group Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Executive Chairman recently sold AU$776k worth of stock

Independent Non-Executive Director recently bought AU$83k worth of stock

IVE Group Limited, Annual General Meeting, Nov 20, 2023

IVE Group Limited, Annual General Meeting, Nov 22, 2022

Insider recently bought AU$2.2m worth of stock

Recent updates

Upcoming dividend of AU$0.095 per share

First half dividend of AU$0.095 announced

First half 2024 earnings released: EPS: AU$0.085 (vs AU$0.10 in 1H 2023)

IVE Group Limited to Report First Half, 2024 Results on Feb 26, 2024

Insufficient new directors

Executive Chairman recently sold AU$776k worth of stock

Independent Non-Executive Director recently bought AU$83k worth of stock

New minor risk - Insider selling

IVE Group Limited (ASX:IGL) completed the acquisition of JacPak Pty Ltd

IVE Group Limited (ASX:IGL) entered into binding agreement to acquire JacPak Pty Ltd for AUD 35 million.

IVE Group Limited, Annual General Meeting, Nov 20, 2023

Upcoming dividend of AU$0.085 per share at 8.7% yield

IVE Group Limited Announces Ordinary Fully Paid Distribution for Six Months Ended June 30, 2023, Payable on October 12, 2023

Full year 2023 earnings released: EPS: AU$0.11 (vs AU$0.19 in FY 2022)

IVE Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Upcoming dividend of AU$0.095 per share at 6.0% yield

First half 2023 earnings released: EPS: AU$0.10 (vs AU$0.13 in 1H 2022)

IVE Group Limited to Report First Half, 2023 Results on Feb 23, 2023

IVE Group Limited has completed a Follow-on Equity Offering in the amount of AUD 18 million.

IVE Group Limited, Annual General Meeting, Nov 22, 2022

Upcoming dividend of AU$0.08 per share

Full year 2022 earnings released: EPS: AU$0.19 (vs AU$0.17 in FY 2021)

IVE Group Limited Announces Earnings Guidance for the Year 2023

IVE Group Limited (ASX:IGL) entered into an implementation deed to acquire Substantially all of the assets of Ovato Limited.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

IVE Group Limited Provides Earnings Guidance for the Full Year 2022

Insider recently bought AU$2.2m worth of stock

Insider recently bought AU$4.5m worth of stock

IVE Group Limited to Report Fiscal Year 2022 Results on Aug 25, 2022

The IVE Group Limited Appoints Andrew Bird as an Independent Non-Executive Director

Upcoming dividend of AU$0.085 per share

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

IVE Group Limited Announces Interim Dividend for the Half Year Ended 31 December 2021, Payable on April 14, 2022

Upcoming dividend of AU$0.07 per share

Full year 2021 earnings released: EPS AU$0.17 (vs AU$0.12 loss in FY 2020)

First half 2021 earnings released: EPS AU$0.13 (vs AU$0.078 in 1H 2020)

New 90-day high: AU$1.47

New 90-day high: AU$1.42

IVE Group Limited Appoints Ms. Cathy Aston as an Independent Non-Executive Director

New 90-day high: AU$0.99

IVE Group Limited Announces Change of Joint Company Secretary, Effective 25 November, 2020

IVE Group Limited (ASX:IGL) completed the acquisition of Selected Assets of Web Offset Printing Operation in Mandurah of Australian Community Media.

Merchant Place Investments Pty Ltd completed the acquisition of Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL).

Merchant Place Pty Ltd entered into a binding agreement to acquire Pareto Phone Pty Ltd from IVE Group Limited (ASX:IGL) for AUD 16.5 million.

IVE Group Limited(ASX:IGL) dropped from S&P Global BMI Index

Earnings released

New 90-day low - AU$0.63

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure