ReadyTech Holdings Limited

ASX:RDY Stock Report

Market Cap: AU$345.0m

ReadyTech Holdings Management

Management criteria checks 4/4

ReadyTech Holdings' CEO is Marc Washbourne, appointed in Jan 1999, has a tenure of 25.83 years. total yearly compensation is A$669.25K, comprised of 67.2% salary and 32.8% bonuses, including company stock and options. directly owns 3.66% of the company’s shares, worth A$12.64M. The average tenure of the management team and the board of directors is 4.1 years and 5.7 years respectively.

Key information

Marc Washbourne

Chief executive officer

AU$669.3k

Total compensation

CEO salary percentage67.2%
CEO tenure25.8yrs
CEO ownership3.7%
Management average tenure4.1yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate

Jun 25
ReadyTech Holdings Limited (ASX:RDY) Shares Could Be 33% Below Their Intrinsic Value Estimate

Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?

Nov 04
Is ReadyTech Holdings (ASX:RDY) Using Too Much Debt?

Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching

May 26
Why ReadyTech Holdings Limited (ASX:RDY) Could Be Worth Watching

I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease

May 09
I Ran A Stock Scan For Earnings Growth And ReadyTech Holdings (ASX:RDY) Passed With Ease

Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?

Mar 30
Are Investors Undervaluing ReadyTech Holdings Limited (ASX:RDY) By 48%?

ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain

Mar 15
ReadyTech Holdings (ASX:RDY) Shareholders Have Enjoyed A 36% Share Price Gain

Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)

Feb 23
Alternate Non-Executive Director Mark Summerhayes Just Bought A Handful Of Shares In ReadyTech Holdings Limited (ASX:RDY)

Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 14
Are ReadyTech Holdings' (ASX:RDY) Statutory Earnings A Good Guide To Its Underlying Profitability?

Should Weakness in ReadyTech Holdings Limited's (ASX:RDY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Jan 10
Should Weakness in ReadyTech Holdings Limited's (ASX:RDY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?

Dec 14
What Kind Of Shareholders Hold The Majority In ReadyTech Holdings Limited's (ASX:RDY) Shares?

Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?

Nov 18
Did You Miss ReadyTech Holdings' (ASX:RDY) 13% Share Price Gain?

CEO Compensation Analysis

How has Marc Washbourne's remuneration changed compared to ReadyTech Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$669kAU$450k

AU$5m

Mar 31 2024n/an/a

AU$6m

Dec 31 2023n/an/a

AU$6m

Sep 30 2023n/an/a

AU$6m

Jun 30 2023AU$995kAU$425k

AU$5m

Mar 31 2023n/an/a

AU$4m

Dec 31 2022n/an/a

AU$4m

Sep 30 2022n/an/a

AU$6m

Jun 30 2022AU$845kAU$375k

AU$9m

Mar 31 2022n/an/a

AU$8m

Dec 31 2021n/an/a

AU$7m

Sep 30 2021n/an/a

AU$4m

Jun 30 2021AU$544kAU$310k

AU$2m

Mar 31 2021n/an/a

AU$3m

Dec 31 2020n/an/a

AU$3m

Sep 30 2020n/an/a

AU$4m

Jun 30 2020AU$358kAU$310k

AU$4m

Mar 31 2020n/an/a

AU$3m

Dec 31 2019n/an/a

AU$1m

Sep 30 2019n/an/a

-AU$101k

Jun 30 2019AU$316kAU$285k

-AU$1m

Jun 30 2018AU$289kAU$260k

-AU$2m

Compensation vs Market: Marc's total compensation ($USD435.14K) is below average for companies of similar size in the Australian market ($USD688.70K).

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

CEO

Marc Washbourne

25.8yrs

Tenure

AU$669,250

Compensation

Mr. Marc Raymond Washbourne has been the Chief Executive Officer of ReadyTech Holdings Limited since 1999 and as its Executive Director since March 8, 2019. He is Co-Founder of ReadyTech Holdings Limited....

Leadership Team

NamePositionTenureCompensationOwnership
Marc Washbourne
Co-Founder25.8yrsAU$669.25k3.66%
A$ 12.6m
Nimesh Shah
CFO & Joint Company Secretary7.3yrsAU$567.44k1.08%
A$ 3.7m
James Diamond
Chief Operating Officerless than a yearno datano data
Bobbi Tailor-Jepson
Chief People Officerless than a yearno datano data
Tony Jones
Head of Delivery - Education & Pathways4.1yrsno datano data
Daniel Wyner
Chief Executive of Government & Justice5.2yrsno datano data
Michael Benyon
Head of Revenue - Workforce Solutions5.2yrsAU$124.47kno data
Amanda Palmer
Head of Service Operations - Workforce Solutions5.1yrsno datano data
Chris Smith
Head of Strategy & Innovation - Education and Pathways4.1yrsno datano data
Natalie Miller
Head of Marketing4.1yrsno datano data
James Hourn
Head of Enterprise Sales - Education & Pathways4.1yrsno datano data
Krista Moore
Head of Marketing & Communications - Workforce Solutions4.1yrsno datano data

4.1yrs

Average Tenure

Experienced Management: RDY's management team is considered experienced (4.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Marc Washbourne
Co-Founder5.7yrsAU$669.25k3.66%
A$ 12.6m
Timothy William Ebbeck
Independent Non-Executive Director5.7yrsAU$97.50k0.026%
A$ 89.2k
Tony Faure
Independent Non-Executive Chairman5.7yrsAU$187.00k0.32%
A$ 1.1m
Helen Lea
Independent Non-Executive Directorless than a yearAU$10.16kno data
Mark Summerhayes
Non Executive Directorless than a yearAU$30.16k0.46%
A$ 1.6m

5.7yrs

Average Tenure

Experienced Board: RDY's board of directors are considered experienced (5.7 years average tenure).