ReadCloud Management
Management criteria checks 1/4
ReadCloud's CEO is Andrew Skelton, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is A$609.54K, comprised of 67.8% salary and 32.2% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth A$61.79K. The average tenure of the management team and the board of directors is 1.5 years and 6 years respectively.
Key information
Andrew Skelton
Chief executive officer
AU$609.5k
Total compensation
| CEO salary percentage | 67.8% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 1.5yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -AU$1m |
| Jun 30 2024 | AU$610k | AU$413k | -AU$1m |
| Mar 31 2024 | n/a | n/a | -AU$2m |
| Dec 31 2023 | n/a | n/a | -AU$2m |
| Sep 30 2023 | n/a | n/a | -AU$2m |
| Jun 30 2023 | AU$444k | AU$150k | -AU$3m |
Compensation vs Market: Andrew's total compensation ($USD395.63K) is above average for companies of similar size in the Australian market ($USD298.48K).
Compensation vs Earnings: Andrew's compensation has increased whilst the company is unprofitable.
CEO
Andrew Skelton
1.5yrs
Tenure
AU$609,542
Compensation
Mr. Andrew Skelton is Chief Executive Officer of ReadCloud Limited since May 15, 2023. He is business and technology executive with leadership experience. He had been the Managing Director of A2B Australia...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.5yrs | AU$609.54k | 0.55% A$ 61.8k | |
| Co-Founder | no data | AU$173.07k | 6.43% A$ 724.2k | |
| CFO & Company Secretary | 6.2yrs | AU$284.25k | 0.21% A$ 23.8k | |
| Executive Director & Chief Information Officer | 1.5yrs | AU$260.29k | 5.13% A$ 577.6k |
1.5yrs
Average Tenure
Experienced Management: RCL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | AU$173.07k | 6.43% A$ 724.2k | |
| Executive Director & Chief Information Officer | 9.3yrs | AU$260.29k | 5.13% A$ 577.6k | |
| Independent Non-Executive Director | 7.8yrs | AU$60.07k | 2.25% A$ 252.9k | |
| Independent Non-Executive Chairman | 4.2yrs | AU$80.09k | 1.38% A$ 155.1k | |
| Non-Executive Director | 1.8yrs | AU$60.07k | 4.06% A$ 457.5k |
6.0yrs
Average Tenure
Experienced Board: RCL's board of directors are considered experienced (6 years average tenure).