NZME Management
Management criteria checks 2/4
NZME's CEO is Michael Boggs, appointed in Mar 2016, has a tenure of 9.17 years. total yearly compensation is NZ$2.81M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 1.59% of the company’s shares, worth A$3.16M. The average tenure of the management team and the board of directors is 3.4 years and 7 years respectively.
Key information
Michael Boggs
Chief executive officer
NZ$2.8m
Total compensation
| CEO salary percentage | 31.04% |
| CEO tenure | 9.2yrs |
| CEO ownership | 1.6% |
| Management average tenure | 3.4yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -NZ$16m |
| Sep 30 2024 | n/a | n/a | -NZ$2m |
| Jun 30 2024 | n/a | n/a | NZ$12m |
| Mar 31 2024 | n/a | n/a | NZ$13m |
| Dec 31 2023 | NZ$3m | NZ$873k | NZ$13m |
| Sep 30 2023 | n/a | n/a | NZ$15m |
| Jun 30 2023 | n/a | n/a | NZ$17m |
| Mar 31 2023 | n/a | n/a | NZ$20m |
| Dec 31 2022 | NZ$2m | NZ$880k | NZ$23m |
| Sep 30 2022 | n/a | n/a | NZ$30m |
| Jun 30 2022 | n/a | n/a | NZ$37m |
| Mar 31 2022 | n/a | n/a | NZ$36m |
| Dec 31 2021 | NZ$1m | NZ$847k | NZ$35m |
| Sep 30 2021 | n/a | n/a | NZ$26m |
| Jun 30 2021 | n/a | n/a | NZ$18m |
| Mar 31 2021 | n/a | n/a | NZ$16m |
| Dec 31 2020 | NZ$2m | NZ$853k | NZ$15m |
| Sep 30 2020 | n/a | n/a | -NZ$74m |
| Jun 30 2020 | n/a | n/a | -NZ$163m |
| Mar 31 2020 | n/a | n/a | -NZ$164m |
| Dec 31 2019 | NZ$1m | NZ$806k | -NZ$165m |
| Sep 30 2019 | n/a | n/a | -NZ$78m |
| Jun 30 2019 | n/a | n/a | NZ$9m |
| Mar 31 2019 | n/a | n/a | NZ$10m |
| Dec 31 2018 | NZ$1m | NZ$856k | NZ$12m |
Compensation vs Market: Michael's total compensation ($USD1.66M) is above average for companies of similar size in the Australian market ($USD291.86K).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
CEO
Michael Boggs
Mr. Michael Raymond Boggs, CA serves as Board of director at Rangatira Limited from September 2024. He has been the Chief Executive Officer of NZME Limited at HT&E Limited (Formerly known as APN News & Med...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 9.2yrs | NZ$2.81m | 1.59% A$ 3.2m | |
| Chief Financial Officer | 6.2yrs | no data | 0.35% A$ 691.1k | |
| General Manager of Communications | 3.3yrs | no data | no data | |
| Chief Marketing Officer | 6.4yrs | no data | no data | |
| Chief People Officer | 1.1yrs | no data | no data | |
| Chief Digital & Publishing Officer | 3.8yrs | no data | no data | |
| Chief Audio Officer | 3.5yrs | no data | no data | |
| Chief of OneRoof | 2.3yrs | no data | no data | |
| Chief Content Officer - Publishing | 1.9yrs | no data | no data | |
| Chief Commercial Officer | 1.3yrs | no data | no data |
Experienced Management: NZM's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 6.8yrs | NZ$117.50k | no data | |
| Independent Chairman | 7.1yrs | NZ$180.00k | 0.039% A$ 77.2k | |
| Independent Director | 8.9yrs | NZ$120.00k | 0.080% A$ 158.5k | |
| Independent Director | 4.3yrs | NZ$117.50k | no data |
Experienced Board: NZM's board of directors are considered experienced (7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 20:14 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
NZME Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Roger Colman | CCZ Equities Pty Limited |
| James Lindsay | Forsyth Barr Group Ltd. |
| Arie Dekker | Jarden Limited |