Spenda Management
Management criteria checks 2/4
Spenda's CEO is Adrian Floate, appointed in Sep 2018, has a tenure of 6.08 years. total yearly compensation is A$683.65K, comprised of 45.1% salary and 54.9% bonuses, including company stock and options. directly owns 7.1% of the company’s shares, worth A$3.38M. The average tenure of the management team and the board of directors is 3.7 years and 6 years respectively.
Key information
Adrian Floate
Chief executive officer
AU$683.7k
Total compensation
| CEO salary percentage | 45.1% |
| CEO tenure | 6.1yrs |
| CEO ownership | 7.1% |
| Management average tenure | 3.7yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$684k | AU$308k | -AU$13m |
| Mar 31 2024 | n/a | n/a | -AU$12m |
| 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$6m |
Compensation vs Market: Adrian's total compensation ($USD467.71K) is above average for companies of similar size in the Australian market ($USD311.31K).
Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.
CEO
Adrian Floate
6.1yrs
Tenure
AU$683,654
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 | 6.1yrs | AU$683.65k | 7.1% A$ 3.4m | |
| Chief Financial Officer | 3.9yrs | AU$473.63k | 1.02% A$ 484.0k | |
| Chief Operating Officer | no data | AU$384.58k | 0.60% A$ 287.5k | |
| Chief Product Officer | 3.4yrs | AU$409.68k | 2.45% A$ 1.2m | |
| Chief Commercial Officer | 3.3yrs | AU$309.27k | 1.49% A$ 706.7k | |
| Company Secretary | no data | AU$36.00k | no data |
3.7yrs
Average Tenure
Experienced Management: SPX's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 9.3yrs | AU$683.65k | 7.1% A$ 3.4m | |
| Non-Executive Independent Chairman | 6.8yrs | AU$340.29k | 1.32% A$ 626.5k | |
| Non Executive Director | less than a year | AU$6.32k | no data | |
| Non-Executive Director | 5.2yrs | AU$160.27k | 0.41% A$ 193.9k | |
| Non-Executive Director | 10.5yrs | AU$159.59k | 0.039% A$ 18.6k | |
| Non-Executive and Independent Director | 1.1yrs | AU$76.46k | no data |
6.0yrs
Average Tenure
Experienced Board: SPX's board of directors are considered experienced (6 years average tenure).