Finbar Group Management

Management criteria checks 4/4

Finbar Group's CEO is Darren Pateman, appointed in Jul 2010, has a tenure of 15.67 years. total yearly compensation is A$817.23K, comprised of 88.9% salary and 11.1% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth A$3.08M. The average tenure of the management team and the board of directors is 14 years and 7.4 years respectively.

Key information

Darren Pateman

Chief executive officer

AU$817.2k

Total compensation

CEO salary percentage	88.9%
CEO tenure	14yrs
CEO ownership	1.3%
Management average tenure	14yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Darren Pateman's remuneration changed compared to Finbar Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$5m
Sep 30 2023	n/a	n/a	AU$4m
Jun 30 2023	AU$817k	AU$727k	AU$3m
Mar 31 2023	n/a	n/a	AU$2m
Dec 31 2022	n/a	n/a	AU$1m
Sep 30 2022	n/a	n/a	AU$6m
Jun 30 2022	AU$1m	AU$738k	AU$11m
Mar 31 2022	n/a	n/a	AU$13m
Dec 31 2021	n/a	n/a	AU$14m
Sep 30 2021	n/a	n/a	AU$12m
Jun 30 2021	AU$876k	AU$664k	AU$9m
Mar 31 2021	n/a	n/a	AU$7m
Dec 31 2020	n/a	n/a	AU$4m
Sep 30 2020	n/a	n/a	AU$6m
Jun 30 2020	AU$926k	AU$669k	AU$7m
Mar 31 2020	n/a	n/a	AU$11m
Dec 31 2019	n/a	n/a	AU$16m
Sep 30 2019	n/a	n/a	AU$14m
Jun 30 2019	AU$980k	AU$670k	AU$11m
Mar 31 2019	n/a	n/a	AU$14m
Dec 31 2018	n/a	n/a	AU$16m
Sep 30 2018	n/a	n/a	AU$15m
Jun 30 2018	AU$1m	AU$670k	AU$14m

Compensation vs Market: Darren's total compensation ($USD550.80K) is about average for companies of similar size in the Australian market ($USD638.32K).

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

CEO

Darren Pateman (55 yo)

14yrs

Tenure

AU$817,226

Compensation

Mr. Darren John Pateman, EMBA, GradDipACG, ACSA, AGIA, MAICD, AFAIM, has been Managing Director of Finbar Group Limited since July 15, 2010. Mr. Pateman has been the Managing Director of 406 & 407 Newcastl...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Chan	Executive Chairman	29.3yrs	AU$618.88k	4.72% A$ 10.8m
Darren Pateman	MD & Executive Director	14yrs	AU$817.23k	1.35% A$ 3.1m
Edward Bank	CFO & Company Secretary	19.3yrs	AU$368.03k	0.11% A$ 252.0k
Ronald Chan	COO & Executive Director	11.5yrs	AU$458.73k	0.089% A$ 203.8k

14.0yrs

Average Tenure

55yo

Average Age

Experienced Management: FRI's management team is seasoned and experienced (14 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Chan	Executive Chairman	29.3yrs	AU$618.88k	4.72% A$ 10.8m
Darren Pateman	MD & Executive Director	15.7yrs	AU$817.23k	1.35% A$ 3.1m
Ronald Chan	COO & Executive Director	7.4yrs	AU$458.73k	0.089% A$ 203.8k
Siong Woon Peh	Non-Executive Director	6.3yrs	AU$82.27k	1.72% A$ 3.9m
Eldon Wan	Non-Executive Director	1.5yrs	AU$29.70k	no data

7.4yrs

Average Tenure

52yo

Average Age

Experienced Board: FRI's board of directors are considered experienced (7.4 years average tenure).

Finbar Group Management

Management criteria checks 4/4

Key information

Recent management updates

Finbar Group Limited, Annual General Meeting, Oct 18, 2023

Non-Executive Director recently bought AU$52k worth of stock

Finbar Group Limited Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Finbar Group Limited, Annual General Meeting, Oct 19, 2022

Recent updates

Finbar Group Limited Ordinary Shares to Be Deleted from OTC Equity

Finbar Group Limited, Annual General Meeting, Oct 18, 2023

Full year 2023 earnings released: EPS: AU$0.012 (vs AU$0.04 in FY 2022)

Finbar Group Limited Provides Earnings Guidance for the Full Year Ending on June 30, 2023

Non-Executive Director recently bought AU$52k worth of stock

First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.035 profit in 1H 2022)

Finbar Group Limited Announces Board Changes

Less than half of directors are independent

Less than half of directors are independent

Finbar Group Limited, Annual General Meeting, Oct 19, 2022

Insider recently bought AU$6.7m worth of stock

Full year 2022 earnings released: EPS: AU$0.04 (vs AU$0.033 in FY 2021)

Upcoming dividend of AU$0.02 per share

Less than half of directors are independent

Finbar Group Limited to Report Fiscal Year 2022 Results on Aug 24, 2022

Less than half of directors are independent

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Finbar Group Limited Declares an Interim Ordinary Dividend for the Six Months Ended 31 December 2021, Payable on 18 March 2022

Executive Chairman recently bought AU$63k worth of stock

Full year 2021 earnings released: EPS AU$0.033 (vs AU$0.024 in FY 2020)

Finbar Group Limited Adds Dianella Project to Completed Apartment Stock

Upcoming dividend of AU$0.02 per share

Finbar Group Limited Provides Earnings Guidance for the Financial Year Ended June 30, 2021

New 90-day high: AU$0.95

First half 2021 earnings released: EPS AU$0.015 (vs AU$0.024 in 1H 2020)

New 90-day high: AU$0.93

New 90-day high: AU$0.84

Finbar Group Limited to Commence Earthworks on Civic Heart Project

New 90-day high: AU$0.70

Ventrade Australia Pty Ltd Enters into Joint Venture with Finbar Group Limited to Acquire and Develop Development Land Site Located in the Perth City Precinct

New 90-day low - AU$0.61

Full year earnings released - EPS AU$0.024

Finbar Group Limited (ASX:FRI) acquired remaining 50% stake in 36 Chester Avenue Pty Ltd.

Finbar Group Limited to Report Fiscal Year 2020 Results on Aug 26, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age