Mirvac Group Management

Management criteria checks 3/4

Mirvac Group's CEO is Campbell Hanan, appointed in Mar 2023, has a tenure of 1.08 years. total yearly compensation is A$2.95M, comprised of 39.1% salary and 60.9% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth A$1.71M. The average tenure of the management team and the board of directors is 2.8 years and 3.6 years respectively.

Key information

Campbell Hanan

Chief executive officer

AU$2.9m

Total compensation

CEO salary percentage	39.1%
CEO tenure	1.1yrs
CEO ownership	0.02%
Management average tenure	2.8yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

What Type Of Returns Would Mirvac Group's(ASX:MGR) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Feb 28

How Much Is Mirvac Group's (ASX:MGR) CEO Getting Paid?

Jan 31

How Many Mirvac Group (ASX:MGR) Shares Do Institutions Own?

Jan 03

Mirvac Group's (ASX:MGR) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Dec 07

CEO Compensation Analysis

How has Campbell Hanan's remuneration changed compared to Mirvac Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$581m
Sep 30 2023	n/a	n/a	-AU$373m
Jun 30 2023	AU$3m	AU$1m	-AU$165m
Mar 31 2023	n/a	n/a	AU$196m
Dec 31 2022	n/a	n/a	AU$556m
Sep 30 2022	n/a	n/a	AU$731m
Jun 30 2022	AU$2m	AU$926k	AU$906m
Mar 31 2022	n/a	n/a	AU$990m
Dec 31 2021	n/a	n/a	AU$1b
Sep 30 2021	n/a	n/a	AU$988m
Jun 30 2021	AU$2m	AU$877k	AU$901m
Mar 31 2021	n/a	n/a	AU$619m
Dec 31 2020	n/a	n/a	AU$337m
Sep 30 2020	n/a	n/a	AU$448m
Jun 30 2020	AU$1m	AU$752k	AU$558m
Mar 31 2020	n/a	n/a	AU$771m
Dec 31 2019	n/a	n/a	AU$984m
Sep 30 2019	n/a	n/a	AU$1b
Jun 30 2019	AU$2m	AU$779k	AU$1b
Mar 31 2019	n/a	n/a	AU$1b
Dec 31 2018	n/a	n/a	AU$1b
Sep 30 2018	n/a	n/a	AU$1b
Jun 30 2018	AU$2m	AU$755k	AU$1b
Mar 31 2018	n/a	n/a	AU$1b
Dec 31 2017	n/a	n/a	AU$1b
Sep 30 2017	n/a	n/a	AU$1b
Jun 30 2017	AU$2m	AU$780k	AU$1b

Compensation vs Market: Campbell's total compensation ($USD1.92M) is below average for companies of similar size in the Australian market ($USD2.74M).

Compensation vs Earnings: Campbell's compensation has increased whilst the company is unprofitable.

CEO

Campbell Hanan

1.1yrs

Tenure

AU$2,948,096

Compensation

Mr. Campbell John Hanan serves as MD, Group CEO and Director at Mirvac Group since March 01, 2023. He serves as Head of Integrated Investment Portfolio at Mirvac Group. Mr. Hanan served as Head of Commerci...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Campbell Hanan	MD, Group CEO & Director	1.1yrs	AU$2.95m	0.021% A$ 1.7m
Courtenay Smith	Chief Financial Officer	3.1yrs	AU$1.85m	0.0025% A$ 209.5k
Richard Seddon	Chief Executive Officer of Investments	1.1yrs	AU$2.08m	0.00094% A$ 77.5k
Stuart Penklis	Chief Executive Officer of Development – Residential	7yrs	AU$2.59m	0.011% A$ 894.0k
Scott Mosely	Chief Executive Officer of Funds Management	1.4yrs	AU$1.18m	no data
Gavin Peacock	General Manager of Investor Relations	no data	no data	no data
Kate Lander	General Manager of Communications	no data	no data	no data
Chris Akayan	Chief Culture & Capability Officer	7.1yrs	no data	no data
William Payne	Chief Digital Officer	4.1yrs	no data	no data
Amy Menere	Chief Stakeholder Relations & Customer Officer	2.6yrs	no data	no data
Victoria Tavendale	Chief Asset Management Officer	1.1yrs	no data	no data
Greg Collins	Chief Executive of Victoria	17.8yrs	AU$1.07m	no data

2.8yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Campbell Hanan	MD, Group CEO & Director	1.1yrs	AU$2.95m	0.021% A$ 1.7m
Christine Bartlett	Independent Non-Executive Director	9.3yrs	AU$233.00k	0.0032% A$ 266.4k
Damien Frawley	Independent Non-Executive Director	2.3yrs	AU$325.26k	0.0013% A$ 105.6k
Alan Robert Sindel	Independent Non-Executive Chair	3.6yrs	AU$356.50k	0.0040% A$ 333.2k
Peter Nash	Independent Non-Executive Director	5.4yrs	AU$203.00k	0.0027% A$ 223.5k
James Cain	Independent Non-Executive Director	less than a year	no data	no data
Jane Hewitt	Independent Non-Executive Director	5.3yrs	AU$203.00k	0.0028% A$ 230.1k

3.6yrs

Average Tenure

Experienced Board: MGR's board of directors are considered experienced (3.6 years average tenure).

Mirvac Group Management

Management criteria checks 3/4

Key information

Recent management updates

Mirvac Group Announces Management Changes

Mirvac Group, Annual General Meeting, Nov 16, 2023

Independent Non-Executive Chair recently bought AU$66k worth of stock

Independent Non-Executive Director recently bought AU$73k worth of stock

Independent Non-Executive Director recently bought AU$91k worth of stock

Independent Non-Executive Director exercised options to buy AU$64k worth of stock.

Recent updates

Keppel REIT (Australia) Sub-Trust 8 agreed to acquire 50% stake in 255 George Street, a freehold Grade A office building in Sydney, Australia from Mirvac Wholesale Office Fund I which is managed by Mirvac Group (ASX:MGR) for AUD 363.8 million.

Keppel REIT (Australia) Sub-Trust 8 agreed to acquire 50% stake in 255 George Street, a freehold Grade A office building in Sydney, Australia from Mirvac Wholesale Office Fund I which is managed by Mirvac Group (ASX:MGR) for AUD 363.8 million.

First half 2024 earnings released: AU$0.051 loss per share (vs AU$0.055 profit in 1H 2023)

Upcoming dividend of AU$0.045 per share at 5.1% yield

Mirvac Group to Report First Half, 2024 Results on Feb 08, 2024

Mirvac Group Declares Dividend for the Six Months Ending December 31, 2023, Payable on February 29, 2024

Now 21% undervalued after recent price drop

Mirvac Group Announces Management Changes

Mirvac Group (ASX:MGR) and Pacific Equity Partners Secure Assets Fund, L.P. managed by Pacific Equity Partners and Tasman Capital Partners entered into binding agreement to acquire Serenitas Management.

New major risk - Financial position

Full year 2023 earnings released: AU$0.042 loss per share (vs AU$0.23 profit in FY 2022)

Mirvac Group to Report Q1, 2024 Results on Oct 25, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.053 per share at 4.5% yield

Mirvac Group Announces Fully Paid Distribution for the Six Months Ended June 30, 2023, Payable on August 31, 2023

Mirvac Group, Annual General Meeting, Nov 16, 2023

Consensus EPS estimates increase by 34%

Independent Non-Executive Chair recently bought AU$66k worth of stock

Independent Non-Executive Director recently bought AU$73k worth of stock

First half 2023 earnings released: EPS: AU$0.055 (vs AU$0.14 in 1H 2022)

Consensus EPS estimates fall by 20%, revenue upgraded

Upcoming dividend of AU$0.052 per share

Independent Non-Executive Director recently bought AU$91k worth of stock

Mirvac Group Declares Dividend for the Six Months Ending December 31, 2022, Payable on February 28, 2023

Independent Non-Executive Director exercised options to buy AU$64k worth of stock.

Mirvac Group Announces CEO Changes

Mirvac Group Announces Retirement Plan of Susan Lloyd-Hurwitz as Chief Executive Officer from June 30, 2023

CEO, MD & Executive Director exercised options to buy AU$192k worth of stock.

Mirvac Group, Annual General Meeting, Nov 18, 2022

CEO, MD & Executive Director exercised options to buy AU$678k worth of stock.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Consensus forecasts updated

Upcoming dividend of AU$0.051 per share

Mirvac Group Announces Fully Paid Distribution for the Six Months Ended June 30, 2022, Payable on August 31, 2022

Consensus forecasts updated

Blackstone Reportedly Looks At AMP Capital

Revelop completed the acquisition of Tramsheds in Sydney from Mirvac Group (ASX:MGR).

Consensus EPS estimates increase by 36%

An unknown buyer agreed to acquire Tramsheds and Quay West Carpark in Sydney from Mirvac Group (ASX:MGR).

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Mirvac Group Announces Fully Paid Distribution for the Six Months Ended December 31, 2021, Payable on February 28, 2022

Upcoming dividend of AU$0.051 per share

Independent Non-Executive Director exercised options to buy AU$50k worth of stock.

Price target increased to AU$3.16

CEO, MD & Executive Director recently bought AU$193k worth of stock

CEO, MD & Executive Director recently sold AU$942k worth of stock

CEO, MD & Executive Director exercised options to buy AU$872k worth of stock.

An unknown buyer agreed to acquire Cherrybrook Village in Sydney from Mirvac Group (ASX:MGR) for approximately AUD 130 million.

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.14 in FY 2020)

Upcoming dividend of AU$0.051 per share

What Type Of Returns Would Mirvac Group's(ASX:MGR) Shareholders Have Earned If They Purchased Their SharesYear Ago?

First half 2021 earnings released: EPS AU$0.10 (vs AU$0.16 in 1H 2020)

Revenue and earnings beat expectations

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

New 90-day low: AU$2.36

How Much Is Mirvac Group's (ASX:MGR) CEO Getting Paid?

How Many Mirvac Group (ASX:MGR) Shares Do Institutions Own?

New 90-day high: AU$2.75

Mirvac Group Announces Management Changes

Mirvac Group's (ASX:MGR) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?

Mirvac Group Announces Director Resignation - Peter Hawkins

Mirvac Group Announces Changes to Operating Structure

Mirvac Group Not Provides Earnings Guidance for the Full Year of 2021

Earnings released

New 90-day low - AU$2.05

CEO Compensation Analysis

CEO

Tenure