Lendlease Group Management

Management criteria checks 4/4

Lendlease Group's CEO is Tony Lombardo, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is A$2.68M, comprised of 66.5% salary and 33.5% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth A$1.60M. The average tenure of the management team and the board of directors is 2.8 years and 4.7 years respectively.

Key information

Tony Lombardo

Chief executive officer

AU$2.7m

Total compensation

CEO salary percentage	66.5%
CEO tenure	3.4yrs
CEO ownership	0.03%
Management average tenure	2.8yrs
Board average tenure	4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tony Lombardo's remuneration changed compared to Lendlease Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$3m	AU$2m	-AU$2b
Mar 31 2024	n/a	n/a	-AU$864m
Dec 31 2023	n/a	n/a	-AU$227m
Sep 30 2023	n/a	n/a	-AU$229m
Jun 30 2023	AU$4m	AU$2m	-AU$232m
Mar 31 2023	n/a	n/a	-AU$107m
Dec 31 2022	n/a	n/a	AU$17m
Sep 30 2022	n/a	n/a	-AU$54m
Jun 30 2022	AU$4m	AU$2m	-AU$126m
Mar 31 2022	n/a	n/a	-AU$195m
Dec 31 2021	n/a	n/a	-AU$264m
Sep 30 2021	n/a	n/a	-AU$29m
Jun 30 2021	AU$2m	AU$1m	AU$206m
Mar 31 2021	n/a	n/a	-AU$109m
Dec 31 2020	n/a	n/a	-AU$424m
Sep 30 2020	n/a	n/a	-AU$383m
Jun 30 2020	AU$2m	AU$1m	-AU$342m
Mar 31 2020	n/a	n/a	AU$64m
Dec 31 2019	n/a	n/a	AU$470m
Sep 30 2019	n/a	n/a	AU$514m
Jun 30 2019	AU$3m	AU$1m	AU$557m
Mar 31 2019	n/a	n/a	AU$640m
Dec 31 2018	n/a	n/a	AU$722m
Sep 30 2018	n/a	n/a	AU$758m
Jun 30 2018	AU$3m	AU$1m	AU$793m

Compensation vs Market: Tony's total compensation ($USD1.73M) is about average for companies of similar size in the Australian market ($USD2.20M).

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

CEO

Tony Lombardo (50 yo)

3.4yrs

Tenure

AU$2,680,000

Compensation

Mr. Anthony Peter Lombardo, also known as Tony, served as Group Chief Executive Officer of LendLease Group since June 1, 2021 and serves as its Managing Director and Executive Director since September 03,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Anthony Lombardo	Group CEO	3.4yrs	AU$2.68m	0.034% A$ 1.6m
Simon Collier Dixon	Group Chief Financial Officer	3.1yrs	AU$1.27m	0% A$ 0
Dale Connor	COO, CEO of Construction & Acting MD of Investments - Australia	less than a year	AU$1.96m	0% A$ 0
Justin Marco Gabbani	Chief Executive Officer of Investment Management	3.4yrs	AU$1.34m	0% A$ 0
Claire Johnston	Chief Executive Officer of Americas	2yrs	AU$1.87m	0% A$ 0
Penny Ransom	Chief Investment Officer	2.4yrs	no data	no data
Michael Vercoe	Head of Investor Relations	no data	no data	no data
Karen Pedersen	Chief Legal Officer & Company Secretary	11.8yrs	no data	no data
Ola Fadahunsi	Director of Corporate Communications	no data	no data	no data
Jane Hansen	Chief People Officer	less than a year	no data	no data
Jeff Arfsten	Chief Operating Officer of Construction	no data	no data	no data
Cate Harris	Group Head of Sustainability & Lendlease Foundation	no data	no data	no data

2.8yrs

Average Tenure

50.5yo

Average Age

Experienced Management: LLC's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Anthony Lombardo	Group CEO	3.2yrs	AU$2.68m	0.034% A$ 1.6m
Elizabeth Proust	Independent Non-Executive Director	6.8yrs	AU$283.00k	0.018% A$ 843.0k
Philip Coffey	Independent Non-Executive Director	7.8yrs	AU$279.00k	0.010% A$ 487.8k
Michael Ullmer	Independent Non Executive Chairman of the Board	12.9yrs	AU$691.00k	0.029% A$ 1.4m
David Craig	Independent Non-Executive Director	8.7yrs	AU$283.00k	0.020% A$ 931.5k
Nicholas Collishaw	Independent Non-Executive Director	2.9yrs	AU$279.00k	0.0066% A$ 308.3k
Robert Welanetz	Independent Non-Executive Director	4.7yrs	AU$372.00k	0.0040% A$ 185.1k
John Gillam	Independent Non Executive Director	less than a year	no data	0.0021% A$ 96.1k
Nicola M. Evans	Independent Non-Executive Director	11.2yrs	AU$283.00k	0.0056% A$ 260.5k
Barbara Knoflach	Independent Non-Executive Director	1.1yrs	AU$189.00k	0.0015% A$ 68.4k
Soo Chan Ann	Independent Non-Executive Director	1.9yrs	AU$301.00k	0.0029% A$ 136.8k

4.7yrs

Average Tenure

63yo

Average Age

Experienced Board: LLC's board of directors are considered experienced (4.7 years average tenure).

Lendlease Group Management

Management criteria checks 4/4

Key information

Recent management updates

Lendlease Group Announces Board Changes, Effective 15 November 2024

Lendlease Group Announces Executive Changes

Lendlease Group Announces New CEO Europe

Global CEO recently bought AU$77k worth of stock

Lendlease Group Appoints Ann Soo Chan (Margaret Lui) as Director

Key Executive recently bought AU$396k worth of stock

Recent updates

Lendlease Group to Report Fiscal Year 2025 Results on Aug 18, 2025

Lendlease Group Announces Board Changes, Effective 15 November 2024

Lendlease Group Announces Executive Changes

Consigli Construction Co., Inc. acquired New York and New Jersey construction operations of Lendlease Group(ASX:LLC).

New minor risk - Insider selling

Lendlease Group Announces Ordinary Dividend for the Six Months Ended June 30, 2024, Payable on September 18, 2024

Final dividend of AU$0.095 announced

Full year 2024 earnings released

Omaha Beach Investment Holdings, LLC entered into an agreement to acquire US Military Housing business of Lendlease from Lendlease Group (ASX:LLC) for $320 million.

First half 2024 earnings released: AU$0.20 loss per share (vs AU$0.21 loss in 1H 2023)

Lendlease Group to Report Fiscal Year 2024 Results on Aug 19, 2024

Lendlease Group Updates Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on September 13, 2023

Full year 2023 earnings released

Lendlease Group to Report First Half, 2024 Results on Feb 19, 2024

Supalai Reportedly in Talks on Lendlease Stake

Lendlease Group Announces New CEO Europe

First half 2023 earnings released: AU$0.20 loss per share (vs AU$0.42 loss in 1H 2022)

Lendlease Group Announces Ordinary Unfranked Dividend for the Period of Six Months Ended 31 December 2022, Payable on 08 March 2023

Lendlease Group(ASX:LLC) dropped from S&P Global 1200

Lendlease Group to Report First Half, 2023 Results on Feb 13, 2023

Global CEO recently bought AU$77k worth of stock

Lendlease Group Appoints Ann Soo Chan (Margaret Lui) as Director

Key Executive recently bought AU$396k worth of stock

Independent Non-Executive Director recently bought AU$99k worth of stock

Lendlease Group, Annual General Meeting, Nov 17, 2023

Lendlease Group (ASX:LLC) completed the acquisition of 21 Moorfields, EC2 from Land Securities Group plc (LSE:LAND).

Lendlease Group (ASX:LLC) agreed to acquire 21 Moorfields, EC2 from Land Securities Group plc (LSE:LAND) for approximately £810 million.

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

Full year 2022 earnings released: AU$0.18 loss per share (vs AU$0.30 profit in FY 2021)

Lendlease Group Announces Dividend for the Six Months Ended June 30, 2022, Payable on September 21, 2022

Lendlease Group (ASX:LLC) and Mitsubishi Estate Asia Pte. Ltd. agreed to acquire One Circular Quay Project in Sydney for AUD 850 million.

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Lendlease Group Announces Dividend for the Six Months Ended December 31, 2021, Payable on March 16, 2022

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

Group Head of People & Culture Alex Christie has left the company

National Pension Service acquired Melbourne Quarter Tower from Lendlease Group (ASX:LLC) for AUD 1.2 billion.

Lendlease Group Provides Earnings Guidance for the Fiscal 2021

KKR Reportedly Taps Gresham for Towers

Lendlease Appoints Jonathan Losyk as European Head of Commercial and Central Operations

Group CEO recently sold AU$1.7m worth of stock

New 90-day low: AU$12.02

Lendlease Announces Executive Changes, Effective May 31, 2021

Lendlease Group, Annual General Meeting, Nov 12, 2021

Lendlease Group Announces Management Changes

Independent Non-Executive Director recently bought AU$71k worth of stock

New 90-day high: AU$14.00

New 90-day high: AU$12.76

Vicinity Reportedly Added to Suitors for AMP Property Units

Independent Non-Executive Director recently bought AU$127k worth of stock

Group CEO recently sold AU$6.5m worth of stock

Full year earnings released - AU$0.57 loss per share

Lendlease Group to Report First Half, 2021 Results on Feb 22, 2021

New 90-day low - AU$11.00

NextEra Energy Resources, LLC acquired 16 Megawatt Wallingford Renewable Energy Solar Project from Lendlease Group (ASX:LLC).

CEO Compensation Analysis

CEO

Tenure