Chorus Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mark Aue

Chief executive officer

NZ$1.5m

Total compensation

CEO salary percentage	18.4%
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Aue's remuneration changed compared to Chorus's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	NZ$1m	NZ$275k	-NZ$9m

Compensation vs Market: Mark's total compensation ($USD881.48K) is below average for companies of similar size in the Australian market ($USD1.46M).

Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.

CEO

Mark Aue

less than a year

Tenure

NZ$1,497,279

Compensation

Mr. Mark Aue served as Chief Financial Officer of Chorus Limited since April 11, 2023 and served as its Chief Operating Officer until April 15, 2024 and serves as its Chief Executive Officer from April 15,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Aue	Chief Executive Officer	less than a year	NZ$1.50m	no data
Katrina Smidt	Acting Chief Financial Officer	no data	no data	no data
Andrew Davies	Chief Operating Officer	less than a year	no data	no data
Ewen Powell	Chief Technology Officer	no data	no data	0.020% A$ 718.0k
Brett Jackson	Investor Relations Manager	no data	no data	no data
Kristel McMeekin	General Counsel	less than a year	no data	no data
Steve Pettigrew	Head of External Communications	no data	no data	no data
Jo Mataira	Chief People Officer	1.3yrs	no data	no data
Nathan Beaumont	Head of Corporate Relations	no data	no data	no data
Chorus Wofinden	Head of Connect Delivery	no data	no data	no data
Daniel Aldersley	Acting Chief Customer Officer	1.3yrs	no data	no data
Darren McLean	Acting Chief Commercial Officer	no data	no data	no data

0.8yrs

Average Tenure

Experienced Management: CNU's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Will Irving	Independent Director	2.1yrs	NZ$139.22k	0.0092% A$ 328.0k
Jack Matthews	Independent Director	7.3yrs	NZ$139.22k	0.0046% A$ 162.9k
Neal Barclay	Independent Director	less than a year	no data	no data
Miriam Dean	Independent Non-Executive Director	3.1yrs	NZ$134.44k	0.0023% A$ 81.8k
Andrew Cross	Independent Non-Executive Chairman	8yrs	NZ$234.83k	0.012% A$ 415.9k
Sue Bailey	Independent Director	5.1yrs	NZ$134.44k	0.012% A$ 409.9k
Kate Jorgensen	Independent Director	4.3yrs	NZ$156.33k	0.0030% A$ 106.4k

4.3yrs

Average Tenure

Experienced Board: CNU's board of directors are considered experienced (4.3 years average tenure).

Chorus Management

Management criteria checks 2/4

Key information

Recent management updates

Chorus Appoints Drew Davies as Chief Operating Officer, Effective October 14, 2024

Chorus Limited Announces Board and Committee Changes

Chorus Limited, Annual General Meeting, Oct 24, 2024

Chorus Limited Announces CEO Changes, Effective 15 April 2024

Chorus Limited Announces Executive Changes

Chorus Limited, Annual General Meeting, Nov 08, 2023

Recent updates

Chorus Appoints Drew Davies as Chief Operating Officer, Effective October 14, 2024

Upcoming dividend of NZ$0.28 per share

Chorus Limited Announces Cash Dividend for the Six Months Ended June 30, 2024, Payable on October 8, 2024

Final dividend of NZ$0.28 announced

Chorus Limited Announces Board and Committee Changes

Full year 2024 earnings: EPS misses analyst expectations

Chorus Limited, Annual General Meeting, Oct 24, 2024

Chorus Limited to Report Fiscal Year 2024 Results on Aug 26, 2024

Upcoming dividend of NZ$0.19 per share

First half dividend of NZ$0.19 announced

First half 2024 earnings released: EPS: NZ$0.02 (vs NZ$0.04 in 1H 2023)

Chorus Limited Announces CEO Changes, Effective 15 April 2024

Chorus Limited to Report First Half, 2024 Results on Feb 27, 2024

Upcoming dividend of NZ$0.26 per share at 6.1% yield

Chorus Limited Announces Executive Changes

Chorus Limited Announces Final Dividend for the Six Months Ended June 30, 2023, Payable on October 10, 2023; Provides Dividend Guidance for 2024

New minor risk - Earnings quality

Chorus Limited Announces Final Dividend for the Six Months Ended June 30, 2023, Payable on October 10, 2023; Provides Dividend Guidance for 2024

Full year 2023 earnings released: EPS: NZ$0.06 (vs NZ$0.14 in FY 2022)

Chorus Limited, Annual General Meeting, Nov 08, 2023

Chorus Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Chief Technology Officer recently sold AU$98k worth of stock

Chorus Limited Announces Executive Changes

Independent Director recently bought AU$109k worth of stock

First half 2023 earnings released: EPS: NZ$0.02 (vs NZ$0.09 in 1H 2022)

Chorus Limited Declares Dividend for the Six Months Ended Dec. 31, 2022, Payable on April 11, 2023

Chorus Limited to Report First Half, 2023 Results on Feb 20, 2023

Chief Executive Officer recently sold AU$186k worth of stock

Chorus Limited Announces Board Changes

Upcoming dividend of NZ$0.21 per share

Chorus Limited Announces Dividend Ordinary Fully Paid Foreign Exempt NZX, Payable on October 11, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Chorus Announces Appointment of Andrew Carroll as Acting CFO Effective 22 August 2022

Chorus Limited to Report Fiscal Year 2022 Results on Aug 22, 2022

Chorus Limited Announces Executive Changes

Upcoming dividend of NZ$0.16 per share

Insider recently sold AU$108k worth of stock

Chorus Limited (NZSE:CNU) announces an Equity Buyback for 22,543,856 shares, for NZD 150 million.

Chorus Limited Revises Earnings Guidance for the Year 2022

First half 2022 earnings: EPS misses analyst expectations

Chorus Limited Provides Dividend Guidance for the Fiscal Year 2023 and 2024

Upcoming dividend of NZ$0.17 per share

Independent Director recently bought AU$49k worth of stock

Full year 2021 earnings released: EPS NZ$0.10 (vs NZ$0.12 in FY 2020)

Chorus Limited announced that it expects to receive NZD 10.254294 million in funding from Crown Infrastructure Partners Limited

Chorus Provides Revenue Guidance for the Period from 2022 to 2024

Independent Director recently bought AU$114k worth of stock

Upcoming Dividend of NZ$0.12 Per Share

New 90-day low: AU$7.01

First half 2021 earnings released: EPS NZ$0.05 (vs NZ$0.07 in 1H 2020)

Independent Chairman recently bought AU$75k worth of stock

Chorus Limited to Report First Half, 2021 Results on Feb 22, 2021

New 90-day low: AU$7.66

Chorus Limited announced that it expects to receive NZD 7.409026 million in funding from Crown Infrastructure Partners Limited

Vanessa Oakley, General Manager Strategy & Business Operations to Leave Chorus Limited Early in 2021

Chorus Limited announced that it expects to receive NZD 14.209797 million in funding from Crown Infrastructure Partners Limited

Insider recently sold AU$78k worth of stock

New 90-day high - AU$8.25

New 90-day high - AU$7.46

Full year earnings released - EPS AU$0.12

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure