TPG Telecom Management

Management criteria checks 2/4

TPG Telecom's CEO is Inaki Berroeta, appointed in Mar 2014, has a tenure of 10.17 years. total yearly compensation is A$5.51M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth A$1.64M. The average tenure of the management team and the board of directors is 2.3 years and 3.9 years respectively.

Key information

Inaki Berroeta

Chief executive officer

AU$5.5m

Total compensation

CEO salary percentage	35.8%
CEO tenure	10.2yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Inaki Berroeta's remuneration changed compared to TPG Telecom's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	AU$6m	AU$2m	AU$49m
Sep 30 2023	n/a	n/a	AU$222m
Jun 30 2023	n/a	n/a	AU$394m
Mar 31 2023	n/a	n/a	AU$454m
Dec 31 2022	AU$4m	AU$2m	AU$513m
Sep 30 2022	n/a	n/a	AU$358m
Jun 30 2022	n/a	n/a	AU$202m
Mar 31 2022	n/a	n/a	AU$158m
Dec 31 2021	AU$5m	AU$2m	AU$113m
Sep 30 2021	n/a	n/a	AU$425m
Jun 30 2021	n/a	n/a	AU$736m
Mar 31 2021	n/a	n/a	AU$739m
Dec 31 2020	AU$4m	AU$2m	AU$741m

Compensation vs Market: Inaki's total compensation ($USD3.63M) is above average for companies of similar size in the Australian market ($USD2.77M).

Compensation vs Earnings: Inaki's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Inaki Berroeta

10.2yrs

Tenure

AU$5,512,382

Compensation

Mr. Inaki Berroeta has been Director at TPG Telecom Limited since June 29, 2020. Mr. Berroeta has been Chief Executive Officer at TPG Telecom Limited (formerly known as, Vodafone Hutchison Australia Pty Lt...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Inaki Berroeta	CEO, MD & Director	10.2yrs	AU$5.51m	0.020% A$ 1.6m
John Boniciolli	Group Chief Financial Officer	less than a year	no data	no data
Giovanni Chiarelli	Chief Technology Officer	2.3yrs	no data	no data
Trent Ashley Czinner	Company Secretary and Group Executive of Legal & External Affairs	3.2yrs	AU$788.28k	no data
Jen Zemek	Head of Corporate Affairs	no data	no data	no data
Jonathon Purbrick	Managing Director of Wholesale Broadband Provider Unit Vision Network	1.1yrs	no data	no data
Bruce Song	Investor Relations Manager	no data	no data	no data

2.3yrs

Average Tenure

Experienced Management: TPG's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Inaki Berroeta	CEO, MD & Director	3.9yrs	AU$5.51m	0.020% A$ 1.6m
Helen Nugent	Senior Independent Director	3.8yrs	AU$240.00k	0.0015% A$ 124.7k
Frank Sixt	Non-Executive Director	23.3yrs	AU$190.00k	no data
Robert Millner	Non-Executive Director	23.8yrs	AU$165.00k	0.39% A$ 32.1m
Kin Ning Fok	Chairman of Board	12.2yrs	AU$450.00k	no data
Arlene Tansey	Independent Non-Executive Director	3.8yrs	AU$240.00k	0.0014% A$ 111.5k
Serpil Timuray	Non-Executive Director	no data	no data	no data
Antony Moffatt	Non-Executive Director	3.2yrs	AU$165.00k	0.033% A$ 2.7m
Pierre Christian Klotz	Non-Executive Director	4yrs	AU$173.33k	no data
Jack Teoh	Non-Executive Director	3.2yrs	AU$165.00k	no data

3.9yrs

Average Tenure

72yo

Average Age

Experienced Board: TPG's board of directors are considered experienced (3.9 years average tenure).

TPG Telecom Management

Management criteria checks 2/4

Key information

Recent management updates

TPG Telecom Limited Announces Chief Financial Officer Changes

Less than half of directors are independent

Senior Independent Director recently bought AU$80k worth of stock

Non-Executive Director recently bought AU$561k worth of stock

Less than half of directors are independent

Insider recently sold AU$343m worth of stock

Recent updates

Upcoming dividend of AU$0.09 per share

Final dividend of AU$0.09 announced

Full year 2023 earnings released

TPG Telecom Reportedly Prepares Fresh Push for Mobile Asset Sales

TPG Telecom Limited to Report Q2, 2024 Results on Aug 23, 2024

Upcoming dividend of AU$0.09 per share at 3.2% yield

First half 2023 earnings released: EPS: AU$0.026 (vs AU$0.09 in 1H 2022)

TPG Telecom Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on October 11, 2023

TPG Telecom Limited Announces Chief Financial Officer Changes

Vocus Group Limited agreed to acqiuire Non-Mobile Fibre Assets of TPG from TPG Telecom Limited (ASX:TPG) for AUD6.3 billion.

Upcoming dividend of AU$0.09 per share at 3.6% yield

Full year 2022 earnings released: EPS: AU$0.28 (vs AU$0.059 in FY 2021)

TPG Telecom Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Suitors Reportedly Running an Eye over Vision Networks

Less than half of directors are independent

Senior Independent Director recently bought AU$80k worth of stock

Upcoming dividend of AU$0.09 per share

Non-Executive Director recently bought AU$561k worth of stock

Investor sentiment deteriorated over the past week

First half 2022 earnings released: EPS: AU$0.09 (vs AU$0.042 in 1H 2021)

TPG Telecom Limited Declares Fully Franked Interim Dividend for the Fiscal Year 2022, Payable on October 12, 2022

OMERS Infrastructure Management Inc. acquired Portfolio of Mobile Tower and Rooftop Infrastructure of TPG Telecom Limited (ASX:TPG).

TPG Telecom American Depositary Receipts - Unsponsored (Australia) to Be Deleted from Other OTC

OMERS Infrastructure Management Inc. agreed to acquire Portfolio of Mobile Tower and Rooftop Infrastructure of TPG Telecom Limited (ASX:TPG) for an enterprise value of AUD 950 million.

OMERS Infrastructure Management Inc. agreed to acquire 100% of Mobile Tower and Rooftop Infrastructure from OMERS Infrastructure Management Inc for AUD 950 million.

Less than half of directors are independent

Upcoming dividend of AU$0.085 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

TPG Telecom Limited Declares a Fully Franked Dividend for the Six Months Ended December 31, 2021, Payable on 13 April 2022

Insider recently sold AU$343m worth of stock

Upcoming dividend of AU$0.08 per share

First half 2021 earnings released: EPS AU$0.041 (vs AU$0.19 in 1H 2020)

TPG Telecom Limited Estimates the Financial Impact of COVID During 2020

TPG Telecom Limited to Report Fiscal Year 2020 Results on Feb 25, 2021

New 90-day low: AU$6.97

TPG Telecom Limited Appoints Elizabeth Aris as Group Executive Enterprise and Government

TPG Telecom Appoints Aris as Group Executive Enterprise and Government'

New 90-day low: AU$7.02

Insider recently bought AU$81k worth of stock

First half earnings released

TPG Telecom Limited to Report First Half, 2020 Results on Aug 21, 2020

TPG Telecom Limited to Be Deleted From Other OTC

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age