ReadyTech Holdings Management
Management criteria checks 4/4
ReadyTech Holdings' CEO is Marc Washbourne, appointed in Jan 1999, has a tenure of 25.42 years. total yearly compensation is A$1.00M, comprised of 42.4% salary and 57.6% bonuses, including company stock and options. directly owns 3.61% of the company’s shares, worth A$14.12M. The average tenure of the management team and the board of directors is 4 years and 5.3 years respectively.
Key information
Marc Washbourne
Chief executive officer
AU$1.0m
Total compensation
| CEO salary percentage | 42.4% |
| CEO tenure | 25.4yrs |
| CEO ownership | 3.6% |
| Management average tenure | 4yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | AU$6m |
| Sep 30 2023 | n/a | n/a | AU$6m |
| Jun 30 2023 | AU$1m | AU$425k | AU$5m |
| Mar 31 2023 | n/a | n/a | AU$4m |
| Dec 31 2022 | n/a | n/a | AU$4m |
| Sep 30 2022 | n/a | n/a | AU$6m |
| Jun 30 2022 | AU$845k | AU$375k | AU$9m |
| Mar 31 2022 | n/a | n/a | AU$8m |
| Dec 31 2021 | n/a | n/a | AU$7m |
| Sep 30 2021 | n/a | n/a | AU$4m |
| Jun 30 2021 | AU$544k | AU$310k | AU$2m |
| Mar 31 2021 | n/a | n/a | AU$3m |
| Dec 31 2020 | n/a | n/a | AU$3m |
| Sep 30 2020 | n/a | n/a | AU$4m |
| Jun 30 2020 | AU$358k | AU$310k | AU$4m |
| Mar 31 2020 | n/a | n/a | AU$3m |
| Dec 31 2019 | n/a | n/a | AU$1m |
| Sep 30 2019 | n/a | n/a | -AU$101k |
| Jun 30 2019 | AU$316k | AU$285k | -AU$1m |
| Jun 30 2018 | AU$289k | AU$260k | -AU$2m |
Compensation vs Market: Marc's total compensation ($USD665.41K) is about average for companies of similar size in the Australian market ($USD636.31K).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Washbourne
25.4yrs
Tenure
AU$1,002,636
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 25.4yrs | AU$1.00m | 3.61% A$ 14.1m | |
| CFO & Joint Company Secretary | 6.8yrs | AU$794.99k | 1.23% A$ 4.8m | |
| Head of Technology & Justice | 1.2yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Head of Delivery - Education & Pathways | 3.7yrs | no data | no data | |
| Chief Executive of Government & Justice | 4.8yrs | no data | no data | |
| Head of Revenue - Workforce Solutions | 4.8yrs | AU$124.47k | no data | |
| Head of Service Operations - Workforce Solutions | 4.7yrs | no data | no data | |
| Chief Executive of Education & Work Pathways | 4.4yrs | no data | no data | |
| Head of Strategy & Innovation - Education and Pathways | 3.7yrs | no data | no data | |
| Head of Product & Technology - Education and Pathways | 3.7yrs | no data | no data | |
| Head of Marketing | 3.7yrs | no data | no data |
4.0yrs
Average Tenure
Experienced Management: RDY's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.3yrs | AU$1.00m | 3.61% A$ 14.1m | |
| Independent Non-Executive Director | 5.3yrs | AU$90.00k | 0.026% A$ 102.2k | |
| Independent Non-Executive Chairman | 5.3yrs | AU$170.00k | 0.32% A$ 1.2m | |
| Non-Executive Director | 5.3yrs | AU$31.85k | 0.043% A$ 168.8k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Alternate Non-Executive Director | 4.9yrs | AU$30.16k | 0.47% A$ 1.8m |
5.3yrs
Average Tenure
Experienced Board: RDY's board of directors are considered experienced (5.3 years average tenure).