Spark New Zealand Management

Management criteria checks 4/4

Spark New Zealand's CEO is Jolie Hodson, appointed in Jul 2019, has a tenure of 4.75 years. total yearly compensation is NZ$2.72M, comprised of 46.6% salary and 53.4% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth A$1.34M. The average tenure of the management team and the board of directors is 4.7 years and 4.6 years respectively.

Key information

Jolie Hodson

Chief executive officer

NZ$2.7m

Total compensation

CEO salary percentage	46.6%
CEO tenure	4.8yrs
CEO ownership	0.02%
Management average tenure	4.7yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jolie Hodson's remuneration changed compared to Spark New Zealand's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	NZ$427m
Sep 30 2023	n/a	n/a	NZ$781m
Jun 30 2023	NZ$3m	NZ$1m	NZ$1b
Mar 31 2023	n/a	n/a	NZ$1b
Dec 31 2022	n/a	n/a	NZ$1b
Sep 30 2022	n/a	n/a	NZ$739m
Jun 30 2022	NZ$3m	NZ$1m	NZ$410m
Mar 31 2022	n/a	n/a	NZ$412m
Dec 31 2021	n/a	n/a	NZ$413m
Sep 30 2021	n/a	n/a	NZ$397m
Jun 30 2021	NZ$3m	NZ$1m	NZ$381m
Mar 31 2021	n/a	n/a	NZ$391m
Dec 31 2020	n/a	n/a	NZ$400m
Sep 30 2020	n/a	n/a	NZ$410m
Jun 30 2020	NZ$3m	NZ$1m	NZ$420m

Compensation vs Market: Jolie's total compensation ($USD1.62M) is below average for companies of similar size in the Australian market ($USD2.76M).

Compensation vs Earnings: Jolie's compensation has been consistent with company performance over the past year.

CEO

Jolie Hodson

4.8yrs

Tenure

NZ$2,718,767

Compensation

Ms. Jolie Hodson has been an Executive Director of Spark New Zealand Limited since September 23, 2019 and its Chief Executive since July 1, 2019. Ms. Hodson served as Customer Director of Spark New Zealand...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jolie Hodson	CEO & Executive Director	4.8yrs	NZ$2.72m	0.017% NZ$ 1.3m
Stefan Knight	Finance Director	4.3yrs	no data	0.0019% NZ$ 147.0k
Renee Mateparae	Network & Operations Director	less than a year	no data	0.00089% NZ$ 69.2k
Chante Mueller	Head of Investor Relations & Insurance	no data	no data	no data
Melissa Anastasiou	General Counsel	15.3yrs	no data	0.0037% NZ$ 285.4k
Leela Ashford	Corporate Relations & Sustainability Director	4.3yrs	no data	no data
Matthew Bain	Data & Marketing Director	5.4yrs	no data	0.0011% NZ$ 85.5k
Heather Polglase	People, Culture & Ways of Working Director	4.6yrs	no data	0.0022% NZ$ 174.2k
Jeff Latch	Head of Spark Sport	5.7yrs	no data	no data
Heather Graham	Chief Executive Officer of CCL	3.1yrs	no data	no data
Alastair White	General Manager of Capital Markets	no data	no data	no data
Silvana Roest	Company Secretary	8.3yrs	no data	no data

4.7yrs

Average Tenure

Experienced Management: SPK's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jolie Hodson	CEO & Executive Director	4.6yrs	NZ$2.72m	0.017% NZ$ 1.3m
David Havercroft	Non-Independent Non-Executive Director	2.5yrs	NZ$167.70k	0.0055% NZ$ 429.3k
Alison Barrass	Independent Non-Executive Director	7.6yrs	NZ$185.00k	0.0021% NZ$ 161.8k
Warwick Bray	Independent Non Executive Director	4.6yrs	NZ$170.00k	0.0017% NZ$ 133.8k
Gordon MacLeod	Independent & Non-Executive Director	1.7yrs	NZ$155.83k	0.00055% NZ$ 42.8k
Justine Gay Smyth	Independent Chairman of the Board	12.3yrs	NZ$381.70k	0.028% NZ$ 2.1m
Sheridan Broadbent	Independent & Non-Executive Director	1.7yrs	NZ$163.42k	0.0016% NZ$ 128.3k

4.6yrs

Average Tenure

Experienced Board: SPK's board of directors are considered experienced (4.6 years average tenure).

Spark New Zealand Management

Management criteria checks 4/4

Key information

Recent management updates

Spark New Zealand Limited, Annual General Meeting, Nov 01, 2024

Spark New Zealand Announces Board Changes

Spark Appoints John Wesley-Smith as Strategy and Regulatory Director, Effective from 1 August 2023

Spark New Zealand Appoints Renee Mateparae to the Role of Network and Operations Director, Effective from 1 July 2023

Marketing Director recently sold AU$219k worth of stock

Spark New Zealand Limited, Annual General Meeting, Nov 03, 2023

Recent updates

Spark New Zealand Limited (NZSE:SPK) announces an Equity Buyback for 33,659,451 shares, representing 5% for NZD 45 million.

Spark New Zealand Limited (NZSE:SPK) announces an Equity Buyback for 33,659,451 shares, representing 5% for NZD 45 million.

First half 2024 earnings: EPS and revenues miss analyst expectations

New minor risk - Profit margin trend

Now 21% undervalued

Spark New Zealand Limited, Annual General Meeting, Nov 01, 2024

Price target increased by 9.1% to AU$4.80

Spark New Zealand Limited to Report First Half, 2024 Results on Feb 22, 2024

Spark New Zealand Limited (NZSE:SPK) signed a conditional agreement to acquire remaining 53% stake in Adroit Group of Companies.

Spark New Zealand Announces Board Changes

Spark New Zealand Limited Announces Dividend for the Six Months Ended June 30, 2023, Payable on October 6, 2023

Upcoming dividend of NZ$0.16 per share at 5.5% yield

New minor risk - Financial position

Spark New Zealand Limited Announces Dividend Estimates for the Six Months Ended June 30, 2023, Payable on October 6, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Spark Appoints John Wesley-Smith as Strategy and Regulatory Director, Effective from 1 August 2023

Spark New Zealand Appoints Renee Mateparae to the Role of Network and Operations Director, Effective from 1 July 2023

Marketing Director recently sold AU$219k worth of stock

Price target decreased by 7.5% to AU$4.30

First half 2023 earnings released: EPS: NZ$0.45 (vs NZ$0.096 in 1H 2022)

Spark Confirms Talks with TVNZ

Spark New Zealand Limited, Annual General Meeting, Nov 03, 2023

High number of new directors

Insider recently sold AU$187k worth of stock

Ontario Teachers' Pension Plan Board completed the acquisition of 70% stake in Spark TowerCo from Spark New Zealand Limited (NZSE:SPK).

Independent Chairman of the Board recently bought AU$160k worth of stock

Upcoming dividend of NZ$0.15 per share

Chief Operating Officer recently sold AU$339k worth of stock

High number of new directors

Full year 2022 earnings: EPS misses analyst expectations

Spark New Zealand Limited Provides Dividend Guidance for the Fiscal Year 2023

Ontario Teachers' Pension Plan Board agreed to acquire 70% stake in Spark TowerCo from Spark New Zealand Limited (NZSE:SPK) for NZD 900 million.

Ontario Teachers' Pension Plan Board agreed to acquire 70% stake in TowerCo from Spark New Zealand Limited (NZSE:SPK) for NZD 900 million.

Five Reportedly on Shortlist for Spark Towers

Spark New Zealand Limited Announces Changes to Board

Spark New Zealand Limited Declares Dividend for Period of Six Months Ended December 31, 2021, Payable on April 8, 2022

Upcoming dividend of NZ$0.15 per share

General Counsel recently sold AU$86k worth of stock

First half 2022 earnings: EPS and revenues exceed analyst expectations

Spark New Zealand Limited Declares Ordinary Dividend for the Six Months Ended December 31, 2021

Spark New Zealand Limited (NZSE:SPK) completed the acquisition of remaining 50% stake in Connect 8 Limited from Electra Ltd.

Spark New Zealand Limited (NZSE:SPK) entered into a conditional agreement to acquire remaining 50% stake in Connect 8 Limited from Electra Ltd.

Upcoming dividend of NZ$0.15 per share

Full year 2021 earnings released: EPS NZ$0.21 (vs NZ$0.23 in FY 2020)

Price target increased to AU$4.25

First half 2021 earnings released: EPS NZ$0.08 (vs NZ$0.091 in 1H 2020)

Revenue and earnings beat expectations

Spark New Zealand Limited Announces Heather Graham as CEO for CCL

New 90-day low: AU$4.15

Spark New Zealand Limited to Report First Half, 2021 Results on Feb 24, 2021

Spark New Zealand Announces Resignation of Ido Leffler from Board

Independent Chairman of the Board recently bought AU$108k worth of stock

Independent Non-Executive Director recently bought AU$100k worth of stock

Earnings released

New 90-day high - AU$4.61

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure