GPT Group Management

Management criteria checks 1/4

GPT Group's CEO is Russell Proutt, appointed in Mar 2024, has a tenure of less than a year. directly owns 0.016% of the company’s shares, worth A$1.40M. The average tenure of the management team and the board of directors is 2.7 years and 2 years respectively.

Key information

Russell Proutt

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.02%
Management average tenure	2.7yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO

Russell Proutt

less than a year

Tenure

Mr. Russell T. Proutt, BComm, CA, CBV serves as Chief Executive Officer at The GPT Group since March 1, 2024 and serves as its Managing Director and Director from March 22, 2024. He had been Chief Financia...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Russell Proutt	CEO, MD & Director	less than a year	no data	0.016% A$ 1.4m
Merran Edwards	Chief Financial Officer	less than a year	no data	no data
Mark Harrison	Chief Investment Officer	less than a year	no data	no data
Penny Berger	Head of Investor Relations & Corporate Affairs	no data	no data	no data
Marissa Bendyk	General Counsel & Company Secretary	2.6yrs	no data	no data
Grant Taylor	Group External Communications Manager	no data	no data	no data
Jill Rezsdovics	Chief People Officer	3.6yrs	no data	no data
Chris Barnett	Head of Retail & Mixed-Use	5.6yrs	no data	no data
Chris Davis	Head of Logistics & Acting Head of Office	2.8yrs	no data	no data
Emma Lawler	Company Secretary	3.1yrs	no data	no data

2.7yrs

Average Tenure

Experienced Management: GPT's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Russell Proutt	CEO, MD & Director	less than a year	no data	0.016% A$ 1.4m
Tracey Horton	Independent Non-Executive Director	5.5yrs	AU$229.00k	0.0017% A$ 155.7k
Shane Gannon	Independent Non-Executive Director	1.5yrs	AU$140.84k	0.0014% A$ 128.8k
Anne Brennan	Independent Non-Executive Director	2.5yrs	AU$224.75k	0.0012% A$ 110.0k
Mark Menhinnitt	Independent Non-Executive Director	5.1yrs	AU$209.00k	0.0025% A$ 222.7k
Louise Mason	Independent Non-Executive Director	less than a year	no data	0.0021% A$ 184.3k

2.0yrs

Average Tenure

62yo

Average Age

Experienced Board: GPT's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

GPT Group Management

Management criteria checks 1/4

Key information

Recent management updates

CEO, MD & Director recently bought AU$504k worth of stock

The GPT Group Appoints Louise Mason as Independent Non-Executive Director with Effect from 1 May 2024

The GPT Group Appoints Dean McGuire as Interim Chief Financial Officer

The GPT Group Announces the Resignation of Anastasia Clarke as Chief Financial Officer

The GPT Group Announces the Resignation of Anastasia Clarke as Chief Financial Officer

The GPT Group Announces Executive Changes

Recent updates

CEO, MD & Director recently bought AU$504k worth of stock

First half 2024 earnings released: FFO per share: AU$0.2 (vs AU$0.17 in 1H 2023)

Final dividend reduced to AU$0.12

The GPT Group Announces an Estimated Distribution for the Six Months to 30 June 2024, Payable on August 30, 2024

Full year 2023 earnings released: FFO per share: AU$0.3 (vs AU$0.32 in FY 2022)

The GPT Group Appoints Louise Mason as Independent Non-Executive Director with Effect from 1 May 2024

The GPT Group to Report First Half, 2024 Results on Aug 19, 2024

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

The GPT Group Appoints Dean McGuire as Interim Chief Financial Officer

The GPT Group Announces the Resignation of Anastasia Clarke as Chief Financial Officer

The GPT Group Announces the Resignation of Anastasia Clarke as Chief Financial Officer

The GPT Group Announces Executive Changes

Now 20% undervalued after recent price drop

First half 2023 earnings released: FFO per share: AU$0.2 (vs AU$0.17 in 1H 2022)

Upcoming dividend of AU$0.13 per share at 5.9% yield

The GPT Group Announces an Estimate Distribution for the Six Months to 30 June 2023, Payable on 31 August 2023

The GPT Group Announces the Cessation of Michelle Somerville as Director

The GPT Group Approves Election of Shane Gannon as a Director

Full year 2022 earnings released: EPS: AU$0.24 (vs AU$0.74 in FY 2021)

The GPT Group Announces Retirement of Bob Johnston as Chief Executive Officer

The GPT Group, Annual General Meeting, May 10, 2023

NashCap Pty. Ltd. agreed to acquire Rosehil Business Park, Camelia, NSW and Citiport Business Park, Port Melbourne, VIC from The GPT Group (ASX:GPT) for approximately AUD 250 million.

Independent Non-Executive Director recently bought AU$50k worth of stock

First half 2022 earnings released: EPS: AU$0.28 (vs AU$0.39 in 1H 2021)

The GPT Group Declares Distribution for the Six Months Ended 30 June 2022, Payable on 31 August 2022

The GPT Group Announces the Cessation of Angus Mcnaughton as Director

The GPT Group Appoints Anne Brennan as an Independent Non-Executive Director

CEO, MD & Director recently bought AU$500k worth of stock

Independent Non-Executive Director recently bought AU$59k worth of stock

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Gpt Group Announces Dividend for the Six Months Ended December 31, 2021, Payable on February 28, 2022

GPT Group to Report Fiscal Year 2021 Results on Feb 14, 2022

Sentinel Property Group agreed to acquire Casuarina Square from GPT Wholesale Shopping Centre Fund managed by GPT Funds Management Limited and GPT for $397 million.

New 90-day low: AU$4.07

Revenue misses expectations

GPT Group (ASX:GPT) and QuadReal Property Group Limited Partnership acquired 917 Boundary Road for AUD137 million.

Full year 2020 earnings released: AU$0.11 loss per share (vs AU$0.47 profit in FY 2019)

LOGOS Reportedly Taps Moelis in Bid for Milestone Logistics

GPT Group, Annual General Meeting, May 13, 2021

Australian Prime Property Fund Commercial managed by Lend Lease Investment Management entered into a binding agreement to acquire additional 25% stake in 1 Farrer Place from GPT Group (ASX:GPT) for approximately AUD 580 million.

New 90-day high: AU$4.28

Independent Chairman of the Board recently bought AU$132k worth of stock

New 90-day low - AU$3.74

First half earnings released

GPT Group (ASX:GPT) acquired three properties along George Street in Australia for AUD 75 million.

GPT Group (ASX:GPT) cancelled the acquisition of Five Prime Logistics Properties in Sydney.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age