This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

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 percentage	33.3%
CEO tenure	1.6yrs
CEO ownership	0.1%
Management average tenure	2.1yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pete Connors's remuneration changed compared to Vita Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2022	n/a	n/a	-AU$23m
Sep 30 2022	n/a	n/a	-AU$16m
Jun 30 2022	AU$1m	AU$472k	-AU$9m
Mar 31 2022	n/a	n/a	-AU$9m
Dec 31 2021	n/a	n/a	-AU$9m
Sep 30 2021	n/a	n/a	-AU$9m
Jun 30 2021	AU$996k	AU$572k	-AU$8m
Mar 31 2021	n/a	n/a	-AU$2m
Dec 31 2020	n/a	n/a	AU$5m
Sep 30 2020	n/a	n/a	AU$14m
Jun 30 2020	AU$1m	AU$534k	AU$22m
Mar 31 2020	n/a	n/a	AU$24m
Dec 31 2019	n/a	n/a	AU$25m
Sep 30 2019	n/a	n/a	AU$24m
Jun 30 2019	AU$878k	AU$580k	AU$24m
Mar 31 2019	n/a	n/a	AU$25m
Dec 31 2018	n/a	n/a	AU$25m
Sep 30 2018	n/a	n/a	AU$23m
Jun 30 2018	AU$899k	AU$546k	AU$22m
Mar 31 2018	n/a	n/a	AU$25m
Dec 31 2017	n/a	n/a	AU$29m
Sep 30 2017	n/a	n/a	AU$34m
Jun 30 2017	AU$1m	AU$540k	AU$39m
Mar 31 2017	n/a	n/a	AU$40m
Dec 31 2016	n/a	n/a	AU$40m
Sep 30 2016	n/a	n/a	AU$39m
Jun 30 2016	AU$925k	AU$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

Name	Position	Tenure	Compensation	Ownership
Peter Connors	CEO & MD	1.6yrs	AU$1.42m	0.11% A$ 28.0k
Andrew Ryan	Chief Financial Officer	2.6yrs	AU$511.81k	0.017% A$ 4.4k
George E. Southgate	Company Secretary and Chief Legal	4.8yrs	AU$514.36k	0.14% A$ 36.7k
Ioannis Verdelis	Chief Investment Officer	less than a year	no data	no data

2.1yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Connors	CEO & MD	1.6yrs	AU$1.42m	0.11% A$ 28.0k
Paul Mirabelle	Independent Chairman of the Board	4.4yrs	AU$154.41k	0.57% A$ 145.1k
Maxine Horne	Co-Founder & Non-Executive Director	no data	AU$1.13m	18.58% A$ 4.7m
Gordon Towell	Non- Executive Director	less than a year	no data	no 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.

This company listing is no longer active

Vita Group Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Vita Group Limited Appoints Gordon Towell as Non- Executive Director

Vita Group Limited, Annual General Meeting, Nov 11, 2022

Insufficient new directors

Independent Chairman of the Board recently bought AU$97k worth of stock

Insufficient new directors

Recent updates

Upcoming dividend of AU$0.064 per share

First half 2023 earnings released: AU$0.10 loss per share (vs AU$0.021 loss in 1H 2022)

Vita Group Limited to Report First Half, 2023 Results on Feb 28, 2023

Less than half of directors are independent

Vita Group Limited Appoints Gordon Towell as Non- Executive Director

Vita Group Limited, Annual General Meeting, Nov 11, 2022

Full year 2022 earnings released: AU$0.052 loss per share (vs AU$0.16 profit in FY 2021)

Vita Group Limited Determines Not to Pay A Fully Franked Final Dividend Subsequent to the Financial Year End 2022

Vita Group Limited to Report Fiscal Year 2022 Results on Aug 30, 2022

Insufficient new directors

Vita Group Limited Declares Fully Franked Special Dividend, Payable on 10 May 2022

Independent Chairman of the Board recently bought AU$97k worth of stock

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Insufficient new directors

Independent Non-Executive Director recently bought AU$71k worth of stock

High number of new directors

Independent Non-Executive Director Neil Osborne has left the company

Independent Non-Executive Chairman Richard Simpson has left the company

Vita Group Provides Earnings Guidance for the First Half Ending 31 December 2021

Upcoming dividend of AU$0.39 per share

Upcoming dividend of AU$0.39 per share

Telstra Corporation Limited (ASX:TLS) entered into a Share Sale Agreement to acquire Fone Zone Pty Ltd. from Vita Group Limited (ASX:VTG) for AUD 110 million.

Upcoming dividend of AU$0.024 per share

Full year 2021 earnings released: EPS AU$0.16 (vs AU$0.14 in FY 2020)

Upcoming Dividend of AU$0.056 Per Share

Revenue misses expectations

New 90-day high: AU$1.08

Vita Group Limited to Report First Half, 2021 Results on Feb 19, 2021

New 90-day low: AU$0.95

Vita Group Limited Announces Management Changes

Upcoming Dividend of AU$0.024 Per Share

New 90-day high - AU$1.14

Earnings released

Vita Group Limited to Report Fiscal Year 2020 Results on Aug 21, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure