Spenda Management
Management criteria checks 4/4
Spenda's CEO is Adrian Floate, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is A$473.64K, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 7.21% of the company’s shares, worth A$2.80M. The average tenure of the management team and the board of directors is 3 years and 6.4 years respectively.
Key information
Adrian Floate
Chief executive officer
AU$473.6k
Total compensation
| CEO salary percentage | 53.6% |
| CEO tenure | 5.7yrs |
| CEO ownership | 7.2% |
| Management average tenure | 3yrs |
| Board average tenure | 6.4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -AU$11m |
| Sep 30 2023 | n/a | n/a | -AU$11m |
| Jun 30 2023 | AU$474k | AU$254k | -AU$11m |
| Mar 31 2023 | n/a | n/a | -AU$30m |
| Dec 31 2022 | n/a | n/a | -AU$50m |
| Sep 30 2022 | n/a | n/a | -AU$50m |
| Jun 30 2022 | AU$702k | AU$241k | -AU$50m |
| Mar 31 2022 | n/a | n/a | -AU$33m |
| Dec 31 2021 | n/a | n/a | -AU$16m |
| Sep 30 2021 | n/a | n/a | -AU$14m |
| Jun 30 2021 | AU$4m | AU$291k | -AU$11m |
| Mar 31 2021 | n/a | n/a | -AU$9m |
| Dec 31 2020 | n/a | n/a | -AU$7m |
| Sep 30 2020 | n/a | n/a | -AU$7m |
| Jun 30 2020 | AU$416k | AU$275k | -AU$7m |
| Mar 31 2020 | n/a | n/a | -AU$7m |
| Dec 31 2019 | n/a | n/a | -AU$6m |
| Sep 30 2019 | n/a | n/a | -AU$6m |
| Jun 30 2019 | AU$597k | AU$275k | -AU$6m |
| Mar 31 2019 | n/a | n/a | -AU$6m |
| Dec 31 2018 | n/a | n/a | -AU$7m |
| Sep 30 2018 | n/a | n/a | -AU$7m |
| Jun 30 2018 | AU$566k | AU$275k | -AU$6m |
| Mar 31 2018 | n/a | n/a | -AU$5m |
| Dec 31 2017 | n/a | n/a | -AU$3m |
| Sep 30 2017 | n/a | n/a | -AU$3m |
| Jun 30 2017 | AU$176k | AU$176k | -AU$2m |
Compensation vs Market: Adrian's total compensation ($USD311.34K) is about average for companies of similar size in the Australian market ($USD294.64K).
Compensation vs Earnings: Adrian's compensation has been consistent with company performance over the past year.
CEO
Adrian Floate
5.7yrs
Tenure
AU$473,636
Compensation
Mr. Adrian Floate is the Founder of Cirralto. Mr. Floate has been the Managing Director of Spenda Limited (formerly known as Cirralto Limited) since September 2018 and serves as its Executive Director and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.7yrs | AU$473.64k | 7.21% A$ 2.8m | |
| Chief Financial Officer | 3.5yrs | AU$477.42k | 0.99% A$ 387.0k | |
| COO, Chief of Credit & Risk Officer | 2.8yrs | AU$312.31k | 0.54% A$ 208.3k | |
| Chief Product Officer | 3yrs | AU$408.53k | 2.44% A$ 947.8k | |
| Chief Commercial Officer | 2.8yrs | AU$456.90k | 1.49% A$ 578.2k | |
| Chief Revenue Officer | no data | no data | no data | |
| Chief Executive Officer - Spenda India | no data | no data | no data | |
| Company Secretary | no data | AU$36.00k | no data |
3.0yrs
Average Tenure
Experienced Management: SPX's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 8.9yrs | AU$473.64k | 7.21% A$ 2.8m | |
| Non-Executive Independent Chairman | 6.4yrs | AU$413.56k | 1.27% A$ 494.6k | |
| Non-Executive Director | 4.8yrs | AU$156.03k | 0.41% A$ 158.6k | |
| Non-Executive Director | 10.1yrs | AU$160.35k | 0.039% A$ 15.2k | |
| Non-Executive and Independent Director | less than a year | no data | no data |
6.4yrs
Average Tenure
Experienced Board: SPX's board of directors are considered experienced (6.4 years average tenure).