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Vita Group Management

Management criteria checks 1/4

Vita Group's CEO is Pete Connors, appointed in Nov 2021, he has a tenure of 1.58 years. His total yearly compensation is A$1.42M , comprised of 33.3% salary and 66.7% bonuses, including company stock and options. He directly owns 0.11% of the company’s shares, worth A$28.05K. The average tenure of the management team and the board of directors is 2.1 years and 1.6 years respectively.

Key information

Pete Connors

Chief executive officer

AU$1.4m

Total compensation

CEO salary percentage33.3%
CEO tenure1.6yrs
CEO ownership0.1%
Management average tenure2.1yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pete Connors's remuneration changed compared to Vita Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022n/an/a

-AU$23m

Sep 30 2022n/an/a

-AU$16m

Jun 30 2022AU$1mAU$472k

-AU$9m

Mar 31 2022n/an/a

-AU$9m

Dec 31 2021n/an/a

-AU$9m

Sep 30 2021n/an/a

-AU$9m

Jun 30 2021AU$996kAU$572k

-AU$8m

Mar 31 2021n/an/a

-AU$2m

Dec 31 2020n/an/a

AU$5m

Sep 30 2020n/an/a

AU$14m

Jun 30 2020AU$1mAU$534k

AU$22m

Mar 31 2020n/an/a

AU$24m

Dec 31 2019n/an/a

AU$25m

Sep 30 2019n/an/a

AU$24m

Jun 30 2019AU$878kAU$580k

AU$24m

Mar 31 2019n/an/a

AU$25m

Dec 31 2018n/an/a

AU$25m

Sep 30 2018n/an/a

AU$23m

Jun 30 2018AU$899kAU$546k

AU$22m

Mar 31 2018n/an/a

AU$25m

Dec 31 2017n/an/a

AU$29m

Sep 30 2017n/an/a

AU$34m

Jun 30 2017AU$1mAU$540k

AU$39m

Mar 31 2017n/an/a

AU$40m

Dec 31 2016n/an/a

AU$40m

Sep 30 2016n/an/a

AU$39m

Jun 30 2016AU$925kAU$504k

AU$38m

Compensation vs Market: Pete's total compensation ($USD945.93K) is above average for companies of similar size in the Australian market ($USD285.92K).

Compensation vs Earnings: Pete's compensation has increased whilst the company is unprofitable.


CEO

Pete Connors

1.6yrs

Tenure

AU$1,416,062

Compensation

Mr. Peter Connors, also known as Pete, serves as Chief Executive Officer and Managing Director at Vita Group Ltd. since November 12, 2021 and served as its Chief Operating Officer until November 12, 2021....


Leadership Team

NamePositionTenureCompensationOwnership
Peter Connors
CEO & MD1.6yrsAU$1.42m0.11%
A$ 28.0k
Andrew Ryan
Chief Financial Officer2.6yrsAU$511.81k0.017%
A$ 4.4k
George E. Southgate
Company Secretary and Chief Legal4.8yrsAU$514.36k0.14%
A$ 36.7k
Ioannis Verdelis
Chief Investment Officerless than a yearno datano data

2.1yrs

Average Tenure

Experienced Management: VTG's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Connors
CEO & MD1.6yrsAU$1.42m0.11%
A$ 28.0k
Paul Mirabelle
Independent Chairman of the Board4.4yrsAU$154.41k0.57%
A$ 145.1k
Maxine Horne
Co-Founder & Non-Executive Directorno dataAU$1.13m18.58%
A$ 4.7m
Gordon Towell
Non- Executive Directorless than a yearno datano data

1.6yrs

Average Tenure

Experienced Board: VTG's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/23 05:04
End of Day Share Price 2023/06/09 00:00
Earnings2022/12/31
Annual Earnings2022/06/30

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

Vita Group Limited is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Warren JeffriesCanaccord Genuity
Ian MunroCCZ Equities Pty Limited