Iress Management
Management criteria checks 3/4
Iress' CEO is Marcus Price, appointed in Oct 2022, has a tenure of 2.17 years. total yearly compensation is A$2.03M, comprised of 34.7% salary and 65.3% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth A$744.83K. The average tenure of the management team and the board of directors is 1.7 years and 3.8 years respectively.
Key information
Marcus Price
Chief executive officer
AU$2.0m
Total compensation
| CEO salary percentage | 34.7% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Estimating The Intrinsic Value Of Iress Limited (ASX:IRE)
Sep 17
What Does Iress Limited's (ASX:IRE) Share Price Indicate?
Jul 29Iress (ASX:IRE) Will Will Want To Turn Around Its Return Trends
Jun 14Is There An Opportunity With Iress Limited's (ASX:IRE) 32% Undervaluation?
May 21Does Iress (ASX:IRE) Have A Healthy Balance Sheet?
May 10Shareholders May Be More Conservative With Iress Limited's (ASX:IRE) CEO Compensation For Now
Apr 29Looking For Steady Income For Your Dividend Portfolio? Is Iress Limited (ASX:IRE) A Good Fit?
Mar 29How Much Did Iress'(ASX:IRE) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 18Here's What To Make Of Iress' (ASX:IRE) Returns On Capital
Mar 07Trade Alert: The Non-Executive Director Of Iress Limited (ASX:IRE), Roger Sharp, Has Just Spent AU$100k Buying A Few More Shares
Feb 24Here's Why We're Wary Of Buying IRESS' (ASX:IRE) For Its Upcoming Dividend
Feb 21
IRESS Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 20Is The Market Rewarding IRESS Limited (ASX:IRE) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Feb 11IRESS Limited (ASX:IRE) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jan 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | AU$20m |
| Mar 31 2024 | n/a | n/a | -AU$59m |
| Dec 31 2023 | AU$2m | AU$705k | -AU$137m |
| Sep 30 2023 | n/a | n/a | -AU$128m |
| Jun 30 2023 | n/a | n/a | -AU$118m |
| Mar 31 2023 | n/a | n/a | -AU$33m |
| Dec 31 2022 | AU$647k | AU$169k | AU$53m |
Compensation vs Market: Marcus's total compensation ($USD1.26M) is about average for companies of similar size in the Australian market ($USD1.05M).
Compensation vs Earnings: Marcus's compensation has been consistent with company performance over the past year.
CEO
Marcus Price
2.2yrs
Tenure
AU$2,031,582
Compensation
Mr. Marcus Colin Price serves as Non-Executive Director of Iress Limited (Formerly known as IRESS Market Technology Limited) since July 26, 2022 and serves as its MD and CEO since October 03, 2022. He serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.2yrs | AU$2.03m | 0.044% A$ 744.8k | |
| Group Chief Financial Officer | 1.4yrs | AU$524.09k | no data | |
| Chief Corporate Affairs & Marketing Officer | 3.2yrs | AU$296.37k | no data | |
| Chief People Officer | 11.3yrs | AU$429.21k | no data | |
| Deputy Group Chief Executive Officer | less than a year | AU$607.99k | no data | |
| Chief Operating Officer | 1.7yrs | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Managing Director of Sales & Strategic Relationships | no data | no data | no data | |
| Head of Commercial & Client Solutions of South Africa | no data | no data | no data | |
| Head of Commercial Canada & USA | no data | no data | no data | |
| Chief Strategy & Transformation Officer | 1.7yrs | no data | no data | |
| Chief Risk Officer | 1.9yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: IRE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.4yrs | AU$2.03m | 0.044% A$ 744.8k | |
| Independent Non-Executive Chairman | 3.8yrs | AU$324.00k | 0.030% A$ 506.2k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 9.8yrs | AU$143.98k | 0.013% A$ 211.7k | |
| independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.2yrs | AU$130.00k | 0.0086% A$ 144.6k | |
| Independent Non-Executive Director | 4.8yrs | AU$130.00k | 0.0081% A$ 136.7k | |
| Independent Non Executive Director | 7.2yrs | AU$154.00k | 0.0073% A$ 123.7k | |
| Independent Non-Executive Director | 4.8yrs | AU$154.00k | 0.017% A$ 285.6k |
3.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: IRE's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:46 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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
Iress Limited is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Hoo | ANZ Equities Pty Limited |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |