Lifestyle Communities Management

Management criteria checks 3/4

Lifestyle Communities' CEO is James Kelly, appointed in Jan 2003, has a tenure of 21.83 years. total yearly compensation is A$1.10M, comprised of 93.3% salary and 6.7% bonuses, including company stock and options. directly owns 6.35% of the company’s shares, worth A$69.40M. The average tenure of the management team and the board of directors is 2.9 years and 4.9 years respectively.

Key information

James Kelly

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage	93.3%
CEO tenure	21.8yrs
CEO ownership	6.4%
Management average tenure	2.9yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has James Kelly's remuneration changed compared to Lifestyle Communities's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$1m	AU$50m
Mar 31 2024	n/a	n/a	AU$64m
Dec 31 2023	n/a	n/a	AU$77m
Sep 30 2023	n/a	n/a	AU$80m
Jun 30 2023	AU$870k	AU$872k	AU$82m
Mar 31 2023	n/a	n/a	AU$84m
Dec 31 2022	n/a	n/a	AU$87m
Sep 30 2022	n/a	n/a	AU$88m
Jun 30 2022	AU$834k	AU$725k	AU$89m
Mar 31 2022	n/a	n/a	AU$97m
Dec 31 2021	n/a	n/a	AU$105m
Sep 30 2021	n/a	n/a	AU$98m
Jun 30 2021	AU$600k	AU$575k	AU$91m
Mar 31 2021	n/a	n/a	AU$66m
Dec 31 2020	n/a	n/a	AU$42m
Sep 30 2020	n/a	n/a	AU$42m
Jun 30 2020	AU$644k	AU$575k	AU$43m
Mar 31 2020	n/a	n/a	AU$46m
Dec 31 2019	n/a	n/a	AU$48m
Sep 30 2019	n/a	n/a	AU$52m
Jun 30 2019	AU$611k	AU$575k	AU$55m
Mar 31 2019	n/a	n/a	AU$57m
Dec 31 2018	n/a	n/a	AU$59m
Sep 30 2018	n/a	n/a	AU$56m
Jun 30 2018	AU$530k	AU$530k	AU$53m

Compensation vs Market: James's total compensation ($USD710.95K) is below average for companies of similar size in the Australian market ($USD1.09M).

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

CEO

James Kelly (65 yo)

21.8yrs

Tenure

AU$1,095,000

Compensation

Mr. James Kelly, B. Bldg is a Founding Member of Lifestyle Communities Ltd in 2003 and has been its Managing Director and Director since September 2007 and May 2007 respectively. Mr. Kelly has experience i...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Kelly	Founder	21.8yrs	AU$1.10m	6.35% A$ 69.4m
Darren Rowland	CFO & Company Secretary	6.5yrs	AU$488.00k	0.0021% A$ 22.5k
Ben Auchettl	Executive General Manager of Sales	less than a year	no data	no data
Simône de Harpe	Executive General Manager of People	1.8yrs	no data	no data
Anita Addorisio	Joint Company Secretary	2.9yrs	no data	no data

2.9yrs

Average Tenure

49yo

Average Age

Experienced Management: LIC's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Kelly	Founder	17.5yrs	AU$1.10m	6.35% A$ 69.4m
David Blight	Independent Non Executive Chair	6.4yrs	AU$132.00k	0.011% A$ 115.5k
Mark Blackburn	Independent Non-Executive Director	4.9yrs	AU$132.00k	0.0091% A$ 99.1k
JoAnne Stephenson	Non-Executive Director	less than a year	no data	0.0041% A$ 45.0k
Claire Hatton	Independent Non-Executive Director	2.5yrs	AU$120.00k	0.0051% A$ 55.8k

4.9yrs

Average Tenure

62yo

Average Age

Experienced Board: LIC's board of directors are considered experienced (4.9 years average tenure).

Lifestyle Communities Management

Management criteria checks 3/4

Key information

Recent management updates

Lifestyle Communities Limited, Annual General Meeting, Nov 12, 2024

Lifestyle Communities Announces Retirement of the Hon. Nicola Roxon as Non-Executive Director, Effective 31 December 2023

Lifestyle Communities Limited, Annual General Meeting, Nov 14, 2023

Less than half of directors are independent

Lifestyle Communities Limited, Annual General Meeting, Nov 15, 2022

Less than half of directors are independent

Recent updates

Lifestyle Communities Limited, Annual General Meeting, Nov 12, 2024

Final dividend of AU$0.05 announced

Full year 2024 earnings released: EPS: AU$0.46 (vs AU$0.79 in FY 2023)

Investor sentiment deteriorates as stock falls 17%

Lifestyle Communities Limited to Report Fiscal Year 2024 Results on Aug 13, 2024

Investor sentiment deteriorates as stock falls 15%

New minor risk - Shareholder dilution

Upcoming dividend of AU$0.055 per share

First half dividend of AU$0.055 announced

First half 2024 earnings released: EPS: AU$0.20 (vs AU$0.24 in 1H 2023)

Lifestyle Communities Limited has filed a Follow-on Equity Offering in the amount of AUD 275.118768 million.

New major risk - Earnings quality

Lifestyle Communities Limited has filed a Follow-on Equity Offering in the amount of AUD 275.118768 million.

Lifestyle Communities Limited to Report First Half, 2024 Results on Feb 21, 2024

Lifestyle Communities Announces Retirement of the Hon. Nicola Roxon as Non-Executive Director, Effective 31 December 2023

Upcoming dividend of AU$0.06 per share at 0.7% yield

Lifestyle Communities Limited, Annual General Meeting, Nov 14, 2023

Full year 2023 earnings released: EPS: AU$0.78 (vs AU$0.85 in FY 2022)

Lifestyle Communities Limited to Report Fiscal Year 2023 Results on Aug 16, 2023

Upcoming dividend of AU$0.055 per share at 0.6% yield

First half 2023 earnings released: EPS: AU$0.24 (vs AU$0.26 in 1H 2022)

Lifestyle Communities Limited Announces Estimated Ordinary Dividend for the Period of Six Months Ended 31 December 2022, Payable on 05 April 2023

Lifestyle Communities Limited to Report First Half, 2023 Results on Feb 13, 2023

Less than half of directors are independent

Upcoming dividend of AU$0.06 per share

Full year 2022 earnings released: EPS: AU$0.85 (vs AU$0.87 in FY 2021)

Lifestyle Communities Limited Announces Fully Franked Final Dividend, Payable on 6 October 2022

Lifestyle Communities Limited Provides Earnings Forecast for the Year 2022

Investor sentiment improved over the past week

Lifestyle Communities Limited, Annual General Meeting, Nov 15, 2022

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Lifestyle Communities Ltd Appoints Claire Hatton as A Non-Executive Director, Effective 1 May 2022

Upcoming dividend of AU$0.045 per share

Non Executive Director recently bought AU$96k worth of stock

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

Lifestyle Communities Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on April 6, 2022

Joint Company Secretary Melissa Norris has left the company

Founder recently sold AU$43m worth of stock

Non-Executive Director Georgina Williams has left the company

Upcoming dividend of AU$0.05 per share

Full year 2021 earnings released: EPS AU$0.87 (vs AU$0.41 in FY 2020)

Upcoming Dividend of AU$0.03 Per Share

First half 2021 earnings released: EPS AU$0.14 (vs AU$0.14 in 1H 2020)

Revenue misses expectations

Lifestyle Communities Limited to Report First Half, 2021 Results on Feb 15, 2021

New 90-day high: AU$12.85

New 90-day high: AU$12.66

New 90-day high: AU$11.61

New 90-day high: AU$11.01

New 90-day high: AU$10.29

New 90-day high: AU$10.17

New 90-day high: AU$9.92

Upcoming Dividend of AU$0.025 Per Share

Founder recently sold AU$13.0m worth of stock

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age