Vicinity Centres Management
Management criteria checks 3/4
Vicinity Centres' CEO is Peter Huddle, appointed in Nov 2022, has a tenure of 1.75 years. total yearly compensation is A$3.97M, comprised of 37.1% salary and 62.9% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth A$3.93M. The average tenure of the management team and the board of directors is 4.2 years and 2 years respectively.
Key information
Peter Huddle
Chief executive officer
AU$4.0m
Total compensation
| CEO salary percentage | 37.1% |
| CEO tenure | 2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.2yrs |
| Board average tenure | 2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$4m | AU$1m | AU$547m |
| Mar 31 2024 | n/a | n/a | AU$433m |
| Dec 31 2023 | n/a | n/a | AU$319m |
| Sep 30 2023 | n/a | n/a | AU$295m |
| Jun 30 2023 | AU$3m | AU$1m | AU$272m |
| Mar 31 2023 | n/a | n/a | AU$506m |
| Dec 31 2022 | n/a | n/a | AU$741m |
| Sep 30 2022 | n/a | n/a | AU$978m |
| Jun 30 2022 | AU$2m | AU$1m | AU$1b |
| Mar 31 2022 | n/a | n/a | AU$1b |
| Dec 31 2021 | n/a | n/a | AU$786m |
| Sep 30 2021 | n/a | n/a | AU$264m |
| Jun 30 2021 | AU$2m | AU$1m | -AU$258m |
| Mar 31 2021 | n/a | n/a | -AU$1b |
| Dec 31 2020 | n/a | n/a | -AU$2b |
| Sep 30 2020 | n/a | n/a | -AU$2b |
| Jun 30 2020 | AU$1m | AU$1m | -AU$2b |
| Mar 31 2020 | n/a | n/a | -AU$724m |
| Dec 31 2019 | n/a | n/a | AU$354m |
| Sep 30 2019 | n/a | n/a | AU$350m |
| Jun 30 2019 | AU$1m | AU$328k | AU$346m |
Compensation vs Market: Peter's total compensation ($USD2.59M) is about average for companies of similar size in the Australian market ($USD2.70M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Huddle
2yrs
Tenure
AU$3,974,502
Compensation
Mr. Peter Charles Huddle, BSC ECON, served as Acting Chief Executive Officer of Vicinity Centres since November 16, 2022 and was its Chief Operating Officer until November 16, 2022 and serves as its Direct...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2yrs | AU$3.97m | 0.041% A$ 3.9m | |
| Chief Financial Officer | 3.3yrs | AU$1.73m | 0.0070% A$ 671.7k | |
| General Manager of Investor Relations | no data | no data | no data | |
| Chief Legal & Risk Officer | 9yrs | no data | no data | |
| Chief People & Organizational Development Officer | 5.1yrs | no data | no data | |
| Group Director of Customer & Asset Management | 1.7yrs | no data | no data | |
| Group Company Secretary | 6.8yrs | no data | no data |
4.2yrs
Average Tenure
Experienced Management: VCX's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | AU$3.97m | 0.041% A$ 3.9m | |
| Independent Non-Executive Director | 12.9yrs | AU$236.80k | 0.0014% A$ 135.1k | |
| Independent Non-Executive Director | 2yrs | AU$216.20k | 0.0021% A$ 200.7k | |
| Independent Non-Executive Director | 2yrs | AU$236.80k | 0.0012% A$ 116.8k | |
| Independent Non-Executive Chairman of the Board | 9.4yrs | AU$486.50k | 0.0049% A$ 468.1k | |
| Director | less than a year | AU$2.56m | no data | |
| Independent Non Executive Director | 9.4yrs | AU$236.80k | 0.00095% A$ 91.7k | |
| Independent Non Executive Director | 2yrs | AU$216.20k | 0.0018% A$ 177.6k | |
| Independent Non-Executive Director | 6.9yrs | AU$216.20k | 0.0014% A$ 134.1k | |
| Non-Executive Director | 2yrs | AU$195.60k | no data |
2.0yrs
Average Tenure
65yo
Average Age
Experienced Board: VCX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.