Accent Group Management

Management criteria checks 3/4

Accent Group's CEO is Daniel Agostinelli, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is A$1.40M, comprised of 109.4% salary and -9.4% bonuses, including company stock and options. directly owns 3.55% of the company’s shares, worth A$48.03M. The average tenure of the management team and the board of directors is 2.6 years and 1.7 years respectively.

Key information

Daniel Agostinelli

Chief executive officer

AU$1.4m

Total compensation

CEO salary percentage	109.4%
CEO tenure	6.7yrs
CEO ownership	3.6%
Management average tenure	2.6yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Daniel Agostinelli's remuneration changed compared to Accent Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$1m	AU$2m	AU$60m
Mar 31 2024	n/a	n/a	AU$66m
Dec 31 2023	n/a	n/a	AU$73m
Sep 30 2023	n/a	n/a	AU$81m
Jul 02 2023	AU$4m	AU$1m	AU$89m
Apr 02 2023	n/a	n/a	AU$82m
Jan 01 2023	n/a	n/a	AU$75m
Oct 01 2022	n/a	n/a	AU$53m
Jun 26 2022	AU$3m	AU$1m	AU$31m
Mar 26 2022	n/a	n/a	AU$35m
Dec 26 2021	n/a	n/a	AU$39m
Sep 26 2021	n/a	n/a	AU$58m
Jun 27 2021	AU$4m	AU$1m	AU$77m
Mar 27 2021	n/a	n/a	AU$76m
Dec 27 2020	n/a	n/a	AU$75m
Sep 27 2020	n/a	n/a	AU$65m
Jun 28 2020	n/a	n/a	AU$56m
Mar 28 2020	n/a	n/a	AU$55m
Dec 29 2019	n/a	n/a	AU$55m
Sep 29 2019	n/a	n/a	AU$55m
Jun 30 2019	AU$3m	AU$1m	AU$54m
Mar 31 2019	n/a	n/a	AU$52m
Dec 30 2018	n/a	n/a	AU$51m
Sep 30 2018	n/a	n/a	AU$47m
Jul 01 2018	AU$2m	AU$916k	AU$44m

Compensation vs Market: Daniel's total compensation ($USD909.17K) is about average for companies of similar size in the Australian market ($USD1.09M).

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

CEO

Daniel Agostinelli

6.7yrs

Tenure

AU$1,399,219

Compensation

Mr. Daniel John Agostinelli has been an Interim Divisional CEO for Accent Vertical & Apparel Brands at Accent Group Limited since April 2022. He has been Chief Executive Officer of Accent Group Limited (fo...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Agostinelli	Group CEO	6.7yrs	AU$1.40m	3.55% A$ 48.0m
Matthew Durbin	Group CFO & COO and Joint Company Secretary	6.9yrs	AU$594.36k	0.41% A$ 5.5m
Matt Hapgood	Divisional CEO of Accent Distributed Brands	2.6yrs	AU$118.80k	no data
Michael Hapgood	Co-Founder & Non-Executive Director	no data	AU$113.76k	1.33% A$ 17.9m
James Anderson	Chief Information Officer	less than a year	no data	no data
Nicole Nuttall	General Counsel & Joint Company Secretary	less than a year	no data	no data
Steve Cohen	Divisional CEO of Accent Retail Brands	2.6yrs	no data	no data
Ben Hapgood	Country CEO for New Zealand	2.6yrs	no data	no data
Kirsty Spark	Company Secretary	1.7yrs	no data	no data

2.6yrs

Average Tenure

Experienced Management: AX1's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Agostinelli	Group CEO	9.5yrs	AU$1.40m	3.55% A$ 48.0m
Michael Hapgood	Co-Founder & Non-Executive Director	9.5yrs	AU$113.76k	1.33% A$ 17.9m
David Gordon	Independent Non-Executive Chairman	18.1yrs	AU$297.00k	0.46% A$ 6.2m
David Forsey	Independent Non-Executive Director	no data	no data	no data
Donna Player	Independent Non-Executive Director	7yrs	AU$118.80k	0.0088% A$ 119.4k
Lawrence Myers	Independent Non-Executive Director	less than a year	AU$73.30k	0.21% A$ 2.9m
Anne Loveridge	Independent Non-Executive Director	less than a year	AU$85.87k	0.0053% A$ 71.7k
Nick Simkins	Non-Executive Independent Director	1.7yrs	no data	no data
Ade Adebayo	Director	less than a year	no data	no data

1.7yrs

Average Tenure

62.5yo

Average Age

Experienced Board: AX1's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Accent Group Management

Management criteria checks 3/4

Key information

Recent management updates

Accent Group Limited Appoints Dave Forsey as Independent Non-Executive Director, Effective 21 November, 2024

Accent Group Limited, Annual General Meeting, Nov 21, 2024

Accent Group Limited and Accent Housing Limited Announces Directorate Changes

Group CEO recently sold AU$3.3m worth of stock

Non-Executive Director recently sold AU$165m worth of stock

Accent Group Limited Appoints James Anderson as Its New Permanent Chief Information Officer on June 18, 2024

Recent updates

Accent Group Limited Appoints Dave Forsey as Independent Non-Executive Director, Effective 21 November, 2024

Accent Group Limited, Annual General Meeting, Nov 21, 2024

Accent Group Limited and Accent Housing Limited Announces Directorate Changes

Group CEO recently sold AU$3.3m worth of stock

New minor risk - Shareholder dilution

Accent Group Limited announced that it has received funding from Frasers Group Plc

Accent Group Limited announced that it has received funding from Frasers Group Plc

Non-Executive Director recently sold AU$165m worth of stock

Accent Group Limited announced that it has received funding from Frasers Group Plc

Accent Group Limited announced that it has received funding from Frasers Group Plc

Final dividend of AU$0.045 announced

Full year 2024 earnings released: EPS: AU$0.11 (vs AU$0.16 in FY 2023)

Accent Group Limited Appoints James Anderson as Its New Permanent Chief Information Officer on June 18, 2024

Upcoming dividend of AU$0.085 per share

First half 2024 earnings released

First half dividend of AU$0.085 announced

Accent Group Limited to Report First Half, 2024 Results on Feb 23, 2024

High number of new directors

Investor sentiment deteriorates as stock falls 15%

Accent Group Limited Announces Board Changes

Accent Group Limited Announces Retirement of Stephen Goddard as Non-Executive Director, Effective 17 November 2023

Accent Group Limited, Annual General Meeting, Nov 17, 2023

Upcoming dividend of AU$0.055 per share at 8.6% yield

Full year 2023 earnings released: EPS: AU$0.16 (vs AU$0.058 in FY 2022)

Accent Group Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended July 2, 2023, Payable on September 28, 2023

Accent Group Limited Announces Board Changes

Accent Group Limited to Report Fiscal Year 2023 Results on Aug 24, 2023

Investor sentiment deteriorates as stock falls 16%

Group CEO recently sold AU$580k worth of stock

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.027 in 1H 2022)

Investor sentiment improves as stock rises 16%

Accent Group Limited to Report First Half, 2023 Results on Feb 23, 2023

Upcoming dividend of AU$0.04 per share

Full year 2022 earnings released: EPS: AU$0.058 (vs AU$0.14 in FY 2021)

Accent Group Limited Announces Final Dividend, Payable on September 15, 2022

Accent Group Limited to Report Fiscal Year 2022 Results on Aug 18, 2022

Non-Executive Director recently bought AU$5.1m worth of stock

Accent Group Limited, Annual General Meeting, Sep 11, 2022

Accent Group Limited Closes 4 Stores During First Half Ended 26 December 2021

Accent Group Limited and Accent Housing Limited Announce Board Changes

Accent Group Limited Provides EBIT Guidance for the First Half Ended December 26, 2021

Upcoming dividend of AU$0.033 per share

Full year 2021 earnings released: EPS AU$0.14 (vs AU$0.10 in FY 2020)

Investor sentiment deteriorated over the past week

Accent Group Limited (ASX:AX1) completed the acquisition of Glue Store Retail Business and the Wholesale and Distribution Brands Business of Next Athleisure Pty Ltd.

Investor sentiment improved over the past week

First half 2021 earnings released: EPS AU$0.098 (vs AU$0.062 in 1H 2020)

Accent Group Limited to Report Fiscal Year 2021 Results on Aug 18, 2021

Accent Group Limited to Report First Half, 2021 Results on Feb 23, 2021

New 90-day high: AU$2.37

New 90-day high: AU$2.28

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day high: AU$1.98

New 90-day high: AU$1.87

New 90-day high: AU$1.69

Full year earnings released - EPS AU$0.10

New 90-day high - AU$1.54

Accent Group Limited to Report Fiscal Year 2020 Results on Aug 26, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age