NOVONIX Management
Management criteria checks 2/4
NOVONIX's CEO is Chris Burns, appointed in Sep 2020, has a tenure of 4.25 years. total yearly compensation is $2.08M, comprised of 31.7% salary and 68.3% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth A$2.22M. The average tenure of the management team and the board of directors is 2.7 years and 1.7 years respectively.
Key information
Chris Burns
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 31.7% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 2.7yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
We Think NOVONIX (ASX:NVX) Has A Fair Chunk Of Debt
Sep 26
Health Check: How Prudently Does NOVONIX (ASX:NVX) Use Debt?
Jun 01Shareholders Will Probably Hold Off On Increasing NOVONIX Limited's (ASX:NVX) CEO Compensation For The Time Being
Apr 10Is NOVONIX (ASX:NVX) Weighed On By Its Debt Load?
Mar 01Is NOVONIX (ASX:NVX) Using Debt In A Risky Way?
Oct 05Is Novonix (ASX:NVX) Using Debt Sensibly?
May 25Is Novonix (ASX:NVX) Using Too Much Debt?
Sep 04Is Novonix (ASX:NVX) Using Too Much Debt?
Jun 02Who Has Been Buying Novonix Limited (ASX:NVX) Shares?
Mar 01Could The Novonix Limited (ASX:NVX) Ownership Structure Tell Us Something Useful?
Jan 25Does Novonix (ASX:NVX) Have A Healthy Balance Sheet?
Dec 21
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$47m |
| Mar 31 2024 | n/a | n/a | -US$47m |
| Dec 31 2023 | US$2m | US$660k | -US$46m |
| Jun 30 2023 | n/a | n/a | -US$53m |
| Mar 31 2023 | n/a | n/a | -US$54m |
| Dec 31 2022 | US$3m | US$304k | -US$56m |
| Jun 30 2022 | n/a | n/a | -US$52m |
| Mar 31 2022 | n/a | n/a | -US$39m |
| Dec 31 2021 | n/a | n/a | -US$26m |
| Sep 30 2021 | n/a | n/a | -US$20m |
| Jun 30 2021 | US$3m | US$274k | -US$13m |
| Mar 31 2021 | n/a | n/a | -US$14m |
| Dec 31 2020 | n/a | n/a | -US$18m |
| Sep 30 2020 | n/a | n/a | -US$16m |
| Jun 30 2020 | US$2m | US$194k | -US$13m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | n/a | n/a | -US$20m |
| Sep 30 2019 | n/a | n/a | -US$18m |
| Jun 30 2019 | US$1m | US$160k | -US$18m |
| Mar 31 2019 | n/a | n/a | -US$13m |
| Dec 31 2018 | n/a | n/a | -US$8m |
| Sep 30 2018 | n/a | n/a | -US$8m |
| Jun 30 2018 | US$904k | US$150k | -US$8m |
Compensation vs Market: Chris's total compensation ($USD2.08M) is above average for companies of similar size in the Australian market ($USD693.80K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Burns (36 yo)
4.3yrs
Tenure
US$2,080,934
Compensation
Dr. John Christopher Burns, also known as Chris, serves as Chief Executive Officer of Novonix Limited since September 2020 and had been its Chief Operating Officer. He has been Chief Executive Officer at N...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.3yrs | US$2.08m | 0.61% A$ 2.2m | |
| Chief Legal & Administrative Officer | 3.7yrs | US$1.09m | 0.022% A$ 81.7k | |
| Interim Executive Officer of Finance & Director | less than a year | US$91.94k | 0.012% A$ 42.2k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | 1.9yrs | no data | no data | |
| Chief Scientific Advisor | 3.4yrs | no data | no data | |
| President of Battery Technology Solutions | 1.3yrs | no data | no data | |
| Financial Controller & Company Secretary | 9.3yrs | no data | no data |
2.7yrs
Average Tenure
54yo
Average Age
Experienced Management: NVX's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Executive Officer of Finance & Director | 2.2yrs | US$91.94k | 0.012% A$ 42.2k | |
| Independent Non-Executive Deputy Chairman | 9.3yrs | US$125.31k | 0.52% A$ 1.9m | |
| Non-Executive Director | 2.8yrs | US$90.72k | 0.014% A$ 51.1k | |
| Director | less than a year | US$923.48k | 0.25% A$ 899.6k | |
| Non-Executive Director | 1.3yrs | US$18.03k | no data | |
| Non-Executive Director | less than a year | no data | no data |
1.7yrs
Average Tenure
58yo
Average Age
Experienced Board: NVX's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NOVONIX Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Dobson | Chardan Capital Markets, LLC |
| ZheWei Sim | Jefferies LLC |
| Adrian Prendergast | Morgans Financial Limited |