Megaport Management
Management criteria checks 3/4
Megaport's CEO is Michael Reid, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is A$1.52M, comprised of 69.5% salary and 30.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth A$1.63M. The average tenure of the management team and the board of directors is 1.3 years and 3.5 years respectively.
Key information
Michael Reid
Chief executive officer
AU$1.5m
Total compensation
| CEO salary percentage | 69.5% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Megaport Limited's (ASX:MP1) 26% Share Price Plunge Could Signal Some Risk
Sep 03
Shareholders Can Be Confident That Megaport's (ASX:MP1) Earnings Are High Quality
Aug 28We Think Megaport (ASX:MP1) Can Stay On Top Of Its Debt
Jun 03Revenues Tell The Story For Megaport Limited (ASX:MP1)
May 21At AU$13.55, Is Megaport Limited (ASX:MP1) Worth Looking At Closely?
May 05Megaport Limited's (ASX:MP1) Intrinsic Value Is Potentially 40% Above Its Share Price
Apr 21Megaport (ASX:MP1) Is Doing The Right Things To Multiply Its Share Price
Mar 24The Megaport Limited (ASX:MP1) Interim Results Are Out And Analysts Have Published New Forecasts
Feb 21Why Investors Shouldn't Be Surprised By Megaport Limited's (ASX:MP1) 48% Share Price Surge
Feb 09Revenues Tell The Story For Megaport Limited (ASX:MP1)
Dec 26Why Megaport Limited (ASX:MP1) Could Be Worth Watching
Dec 11Is There An Opportunity With Megaport Limited's (ASX:MP1) 44% Undervaluation?
Nov 27Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Oct 03An Intrinsic Calculation For Megaport Limited (ASX:MP1) Suggests It's 26% Undervalued
Aug 16Is It Too Late To Consider Buying Megaport Limited (ASX:MP1)?
Jul 04Is Megaport (ASX:MP1) Using Too Much Debt?
May 25Should You Investigate Megaport Limited (ASX:MP1) At AU$4.80?
Mar 13Is Megaport Limited (ASX:MP1) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 01Is It Time To Consider Buying Megaport Limited (ASX:MP1)?
Dec 07Increases to Megaport Limited's (ASX:MP1) CEO Compensation Might Cool off for now
Nov 16Megaport Limited (ASX:MP1) Shares Could Be 25% Below Their Intrinsic Value Estimate
Oct 16Megaport (ASX:MP1) Has Debt But No Earnings; Should You Worry?
Sep 29Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Jun 27Is Megaport (ASX:MP1) Using Debt In A Risky Way?
Mar 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$1m | AU$10m |
| Mar 31 2024 | n/a | n/a | AU$9m |
| Dec 31 2023 | n/a | n/a | AU$8m |
| Sep 30 2023 | n/a | n/a | -AU$810k |
| Jun 30 2023 | AU$1m | AU$133k | -AU$10m |
Compensation vs Market: Michael's total compensation ($USD953.44K) is about average for companies of similar size in the Australian market ($USD1.04M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Reid
1.6yrs
Tenure
AU$1,524,450
Compensation
Mr. Michael Reid served as Chief Revenue Officer for ThousandEyes of Cisco. He serves as Chief Executive Officer and Executive Director of Megaport Limited since May 15, 2023. Mr. Reid brings industry expe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.6yrs | AU$1.52m | 0.14% A$ 1.6m | |
| Chief Financial Officer | 1.8yrs | AU$4.19m | 0.010% A$ 122.7k | |
| Chief Operating Officer | 6.3yrs | no data | no data | |
| Chief Technology Officer | 8.3yrs | no data | no data | |
| Chief Legal Officer | 1.9yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Executive Vice President of Terraforming Americas | no data | no data | no data | |
| Principal Engineer | no data | no data | no data | |
| Executive VP | less than a year | no data | no data | |
| Executive Vice President of NAM & Global Alliances | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data | |
| Executive Vice President of GTM Transformation | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: MP1's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.6yrs | AU$1.52m | 0.14% A$ 1.6m | |
| Independent Non-Executive Director | 5.8yrs | AU$211.46k | 0.014% A$ 160.9k | |
| Non-Executive Director | 3.8yrs | AU$184.81k | 0.0025% A$ 29.4k | |
| Non-Executive Chairman of the Board | 3.5yrs | AU$197.17k | 0.011% A$ 131.7k | |
| Non-Executive Director | 3.4yrs | AU$199.81k | 0.0025% A$ 29.4k | |
| Director | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Board: MP1's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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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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
Megaport Limited is covered by 22 analysts. 15 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 |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Eric Choi | Barrenjoey Markets Pty Limited |