KMD Brands Management

Management criteria checks 3/4

KMD Brands' CEO is Michael Daly, appointed in May 2021, has a tenure of 3.08 years. total yearly compensation is NZ$1.25M, comprised of 95.9% salary and 4.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth A$323.67K. The average tenure of the management team and the board of directors is 2 years and 4.8 years respectively.

Key information

Michael Daly

Chief executive officer

NZ$1.3m

Total compensation

CEO salary percentage	95.9%
CEO tenure	3.1yrs
CEO ownership	0.1%
Management average tenure	2yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Daly's remuneration changed compared to KMD Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	NZ$12m
Oct 31 2023	n/a	n/a	NZ$23m
Jul 31 2023	NZ$1m	NZ$1m	NZ$35m
Apr 30 2023	n/a	n/a	NZ$45m
Jan 31 2023	n/a	n/a	NZ$55m
Oct 31 2022	n/a	n/a	NZ$45m
Jul 31 2022	NZ$2m	NZ$1m	NZ$36m
Apr 30 2022	n/a	n/a	NZ$35m
Jan 31 2022	n/a	n/a	NZ$33m
Oct 31 2021	n/a	n/a	NZ$47m
Jul 31 2021	NZ$234k	NZ$228k	NZ$61m

Compensation vs Market: Michael's total compensation ($USD768.37K) is about average for companies of similar size in the Australian market ($USD644.91K).

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

CEO

Michael Daly

3.1yrs

Tenure

NZ$1,251,363

Compensation

Mr. Michael Philip Daly has been Group Chief Executive Officer and Managing Director of KMD Brands Limited (formerly known as Kathmandu Holdings Limited) since May 19, 2021 and has been its Director since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Daly	Group CEO	3.1yrs	NZ$1.25m	0.12% NZ$ 323.7k
Michael Ross	Chief Information Officer	less than a year	no data	no data
Frances Blundell	Chief Legal & ESG Officer and Company Secretary	no data	no data	no data
Linda Barlow	Chief People Officer	no data	no data	no data
Amy Beck	President of Oboz /Kathmandu North America	5.2yrs	no data	no data
Lachlan Farran	Chief Commercial Officer	no data	no data	no data
Mathieu Lefin	President of KMD Brands - Europe	no data	no data	no data
Megan Welch	Chief Executive Officer of Kathmandu	less than a year	no data	no data
John Connelly	Founder	no data	no data	no data
Brooke Farris	Chief Executive Officer of Rip Curl	no data	no data	no data
Ben Washington	Deputy Chief Financial Officer	no data	no data	no data

2.0yrs

Average Tenure

Experienced Management: KMD's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Daly	Group CEO	2.6yrs	NZ$1.25m	0.12% NZ$ 323.7k
Philip Bowman	Non-Executive Independent Director	6.7yrs	NZ$148.49k	0.070% NZ$ 197.3k
David Kirk	Independent Non-Executive Chairman	10.6yrs	NZ$274.74k	0.18% NZ$ 512.8k
Brent Scrimshaw	Non-Executive Independent Director	6.7yrs	NZ$148.49k	0.0077% NZ$ 21.5k
Abigail Foote	Independent Director	2.7yrs	NZ$182.30k	0.018% NZ$ 51.3k
Zion Armstrong	Non-Executive Independent Director	1.5yrs	NZ$98.12k	0.0060% NZ$ 16.7k
Andrea Martens	Independent Non Executive Director	4.8yrs	NZ$181.21k	0.0035% NZ$ 9.9k

4.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: KMD's board of directors are considered experienced (4.8 years average tenure).

KMD Brands Management

Management criteria checks 3/4

Key information

Recent management updates

KMD Brands Limited Announces Executive Changes

Independent Non-Executive Chairman recently bought AU$167k worth of stock

KMD Brands Limited, Annual General Meeting, Sep 11, 2023

KMD Brands Limited Announces Resignation of Chris Kinraid as Group Chief Financial Officer, Effective from December 2023

KMD Brands Limited Appoints Megan Welch as Chief Executive Officer of Kathmandu, Effective from August 7, 2023

KMD Brands Limited Announces Management Changes, Effective December 1, 2022

Recent updates

First half 2024 earnings released: NZ$0.015 loss per share (vs NZ$0.019 profit in 1H 2023)

Now 22% overvalued

KMD Brands Limited to Report First Half, 2024 Results on Mar 19, 2024

KMD Brands Limited Announces Executive Changes

Independent Non-Executive Chairman recently bought AU$167k worth of stock

Upcoming dividend of NZ$0.03 per share at 7.1% yield

KMD Brands Limited Announces Ordinary Dividend for the Six Months Ended July 31, 2023, Payable on October 20, 2023

Full year 2023 earnings released: EPS: NZ$0.049 (vs NZ$0.051 in FY 2022)

KMD Brands Limited to Report Fiscal Year 2023 Results on Sep 20, 2023

KMD Brands Limited, Annual General Meeting, Sep 11, 2023

KMD Brands Limited Provides Earnings Guidance for the Full Year Ending 31 July 2023

KMD Brands Limited Announces Resignation of Chris Kinraid as Group Chief Financial Officer, Effective from December 2023

Upcoming dividend of NZ$0.03 per share at 5.6% yield

KMD Brands Limited Appoints Megan Welch as Chief Executive Officer of Kathmandu, Effective from August 7, 2023

First half 2023 earnings released: EPS: NZ$0.019 (vs NZ$0.008 loss in 1H 2022)

KMD Brands Limited to Report First Half, 2023 Results on Mar 22, 2023

KMD Brands Limited Announces Management Changes, Effective December 1, 2022

Upcoming dividend of NZ$0.03 per share

KMD Brands Limited, Annual General Meeting, Nov 16, 2022

Insider recently bought AU$60k worth of stock

Full year 2022 earnings released

KMD Brands Limited to Declare Ordinary Dividend for the six months ended July 31, 2022, Payable on November 25, 2022

KMD Brands Limited to Report Fiscal Year 2022 Results on Sep 20, 2022

KMD Brands Limited Announces CEO Changes at Kathmandu Brand

KMD Brands Limited Provides Earnings Guidance for the Year Ending 31 July 2022

KMD Brands Limited Announces Ordinary Dividend for the Six Months Ended January 31, 2022, Payable on June 30, 2022

Upcoming dividend of NZ$0.03 per share

KMD Brands Limited Announces Executive Changes

Kmd Brands Limited Announces Non-Executive Director, John Harvey, Will Retire from the Board, Effective 31 May 2022

Non-Executive Independent Director recently bought AU$63k worth of stock

Kathmandu Holdings Limited Provides Sales Guidance for the First Half of Fiscal Year 2022

Upcoming dividend of NZ$0.03 per share

Insider recently bought AU$97k worth of stock

Kathmandu Holdings Limited Provides Earnings Guidance for the First Half of Fiscal Year 2022

Full year 2021 earnings released: EPS NZ$0.089 (vs NZ$0.017 in FY 2020)

Kathmandu Holdings Limited Announces Dividend for the Six Months Ended January 31, 2021, Payable on June 4, 2021

Upcoming dividend of NZ$0.02 per share

Group CEO, MD & Executive Director Xavier Simonet has left the company

First half 2021 earnings released: EPS NZ$0.031 (vs NZ$0.026 in 1H 2020)

New 90-day low: AU$1.13

Kathmandu Holdings Limited to Report First Half, 2021 Results on Mar 23, 2021

Non-Executive Independent Director recently bought AU$126k worth of stock

Kathmandu Holdings Limited Announces Resignation of Xavier Simonet as CEO

Kathmandu Holdings Limited Appoints PricewaterhouseCoopers as Auditors

New 90-day high: AU$1.22

New 90-day high: AU$1.21

Non-Executive Independent Director recently bought AU$61k worth of stock

Full year earnings released - EPS AU$0.017

New 90-day high: AU$1.20

Kathmandu Holdings Limited to Report Fiscal Year 2020 Results on Sep 23, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age