Vicinity Centres

ASX:VCX Stock Report

Market Cap: AU$9.6b

Vicinity Centres Management

Management criteria checks 3/4

Vicinity Centres' CEO is Peter Huddle, appointed in Nov 2022, has a tenure of 2.08 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$3.90M. The average tenure of the management team and the board of directors is 4.3 years and 2.1 years respectively.

Key information

Peter Huddle

Chief executive officer

AU$4.0m

Total compensation

CEO salary percentage37.1%
CEO tenure2.1yrs
CEO ownership0.04%
Management average tenure4.3yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Huddle's remuneration changed compared to Vicinity Centres's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$4mAU$1m

AU$547m

Mar 31 2024n/an/a

AU$433m

Dec 31 2023n/an/a

AU$319m

Sep 30 2023n/an/a

AU$295m

Jun 30 2023AU$3mAU$1m

AU$272m

Mar 31 2023n/an/a

AU$506m

Dec 31 2022n/an/a

AU$741m

Sep 30 2022n/an/a

AU$978m

Jun 30 2022AU$2mAU$1m

AU$1b

Mar 31 2022n/an/a

AU$1b

Dec 31 2021n/an/a

AU$786m

Sep 30 2021n/an/a

AU$264m

Jun 30 2021AU$2mAU$1m

-AU$258m

Mar 31 2021n/an/a

-AU$1b

Dec 31 2020n/an/a

-AU$2b

Sep 30 2020n/an/a

-AU$2b

Jun 30 2020AU$1mAU$1m

-AU$2b

Mar 31 2020n/an/a

-AU$724m

Dec 31 2019n/an/a

AU$354m

Sep 30 2019n/an/a

AU$350m

Jun 30 2019AU$1mAU$328k

AU$346m

Compensation vs Market: Peter's total compensation ($USD2.47M) is about average for companies of similar size in the Australian market ($USD2.66M).

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

CEO

Peter Huddle

2.1yrs

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

NamePositionTenureCompensationOwnership
Peter Huddle
MD, CEO & Director2.1yrsAU$3.97m0.041%
A$ 3.9m
Adrian Chye
Chief Financial Officer3.4yrsAU$1.73m0.0070%
A$ 665.4k
Jane Kenny
General Manager of Investor Relationsno datano datano data
Carolyn Reynolds
Chief Legal & Risk Officer9.1yrsno datano data
Tanya Southey
Chief People & Organizational Development Officer5.2yrsno datano data
Kirrily Lord
Group Director of Customer & Asset Management1.8yrsno datano data
Rohan Abeyewardene
Group Company Secretary6.8yrsno datano data

4.3yrs

Average Tenure

Experienced Management: VCX's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Huddle
MD, CEO & Director1.8yrsAU$3.97m0.041%
A$ 3.9m
Timothy Edward Hammon
Independent Non-Executive Director13yrsAU$236.80k0.0014%
A$ 133.8k
Michael Hawker
Independent Non-Executive Director2.1yrsAU$216.20k0.0021%
A$ 198.8k
Tiffany Fuller
Independent Non-Executive Director2.1yrsAU$236.80k0.0012%
A$ 115.7k
Trevor Gerber
Independent Non-Executive Chairman of the Board9.5yrsAU$486.50k0.0049%
A$ 463.6k
Angus McNaughton
Non-Executive Directorless than a yearAU$2.56mno data
Peter Kahan
Independent Non Executive Director9.5yrsAU$236.80k0.00095%
A$ 90.8k
Georgina Lynch
Independent Non Executive Director2.1yrsAU$216.20k0.0018%
A$ 175.9k
Janette Kendall
Independent Non-Executive Director7yrsAU$216.20k0.0014%
A$ 132.9k
Dion Werbeloff
Non-Executive Director2.1yrsAU$195.60kno data

2.1yrs

Average Tenure

65yo

Average Age

Experienced Board: VCX's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 08:49
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vicinity Centres is covered by 22 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin BrayshawBarrenjoey Markets Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Simon GaringBell Potter