Alliance Aviation Services Management

Management criteria checks 4/4

Alliance Aviation Services' CEO is Scott McMillan, appointed in Oct 2011, has a tenure of 12.58 years. total yearly compensation is A$649.06K, comprised of 91% salary and 9% bonuses, including company stock and options. directly owns 2.42% of the company’s shares, worth A$12.16M. The average tenure of the management team and the board of directors is 6.8 years and 12.6 years respectively.

Key information

Scott McMillan

Chief executive officer

AU$649.1k

Total compensation

CEO salary percentage	91.0%
CEO tenure	12.6yrs
CEO ownership	2.4%
Management average tenure	6.8yrs
Board average tenure	12.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott McMillan's remuneration changed compared to Alliance Aviation Services's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$56m
Sep 30 2023	n/a	n/a	AU$46m
Jun 30 2023	AU$649k	AU$591k	AU$36m
Mar 31 2023	n/a	n/a	AU$21m
Dec 31 2022	n/a	n/a	AU$5m
Sep 30 2022	n/a	n/a	-AU$223k
Jun 30 2022	AU$786k	AU$556k	-AU$5m
Mar 31 2022	n/a	n/a	AU$377k
Dec 31 2021	n/a	n/a	AU$6m
Sep 30 2021	n/a	n/a	AU$19m
Jun 30 2021	AU$702k	AU$540k	AU$33m
Mar 31 2021	n/a	n/a	AU$36m
Dec 31 2020	n/a	n/a	AU$40m
Sep 30 2020	n/a	n/a	AU$33m
Jun 30 2020	AU$819k	AU$538k	AU$27m
Mar 31 2020	n/a	n/a	AU$25m
Dec 31 2019	n/a	n/a	AU$24m
Sep 30 2019	n/a	n/a	AU$23m
Jun 30 2019	AU$648k	AU$528k	AU$23m
Mar 31 2019	n/a	n/a	AU$22m
Dec 31 2018	n/a	n/a	AU$21m
Sep 30 2018	n/a	n/a	AU$19m
Jun 30 2018	AU$664k	AU$520k	AU$18m
Mar 31 2018	n/a	n/a	AU$18m
Dec 31 2017	n/a	n/a	AU$17m
Sep 30 2017	n/a	n/a	AU$18m
Jun 30 2017	AU$713k	AU$456k	AU$19m

Compensation vs Market: Scott's total compensation ($USD424.14K) is below average for companies of similar size in the Australian market ($USD764.35K).

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

CEO

Scott McMillan (60 yo)

12.6yrs

Tenure

AU$649,059

Compensation

Mr. Scott Alexander McMillan serves as the Managing Director of Alliance Aviation Services Ltd since October 26, 2011 and its Chief Executive Officer since July 27, 2022. Mr. McMillan serves as Managing Di...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott McMillan	MD, CEO & Executive Director	12.6yrs	AU$649.06k	2.42% A$ 12.2m
Marc Devine	CFO & Company Secretary	7.1yrs	AU$393.39k	0.040% A$ 201.8k
Stewart Tully	Chief Operating Officer	3.1yrs	AU$386.06k	0.054% A$ 272.7k
Rosanna Bruzzichessi	Chief People & Transformation Officer	1.8yrs	no data	no data
Nicola Clark	Company Secretary	6.8yrs	no data	no data

6.8yrs

Average Tenure

Experienced Management: AQZ's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott McMillan	MD, CEO & Executive Director	12.6yrs	AU$649.06k	2.42% A$ 12.2m
David Crombie	Independent Non-Executive Director	12.6yrs	AU$102.12k	0.11% A$ 561.7k
Peter Housden	Independent Non-Executive Director	12.6yrs	AU$102.12k	0.031% A$ 155.6k
Stephen Padgett	Non-Executive Chairman	12.6yrs	AU$206.41k	no data

12.6yrs

Average Tenure

75.5yo

Average Age

Experienced Board: AQZ's board of directors are seasoned and experienced ( 12.6 years average tenure).

Alliance Aviation Services Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Alliance Aviation Services Limited, Annual General Meeting, Nov 28, 2023

Insufficient new directors

Alliance Aviation Services Limited, Annual General Meeting, Oct 11, 2022

Alliance Aviation Services Limited Announces Resignation of Lee Schofield as Executive Director

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 17%

First half 2024 earnings released: EPS: AU$0.16 (vs AU$0.041 in 1H 2023)

Insufficient new directors

Qantas Airways Limited (ASX:QAN) cancelled the acquisition of remaining 80% stake in Alliance Aviation Services Limited (ASX:AQZ).

Qantas Airways Limited (ASX:QAN) cancelled the acquisition of remaining 80% stake in Alliance Aviation Services Limited (ASX:AQZ).

Alliance Aviation Services Limited, Annual General Meeting, Nov 28, 2023

New major risk - Financial position

Full year 2023 earnings released

Alliance Aviation Services Limited to Report Fiscal Year 2023 Results on Aug 09, 2023

Insufficient new directors

Alliance Aviation Services Limited, Annual General Meeting, Oct 11, 2022

Full year 2022 earnings released: AU$0.032 loss per share (vs AU$0.21 profit in FY 2021)

Alliance Aviation Services Limited Provides Unaudited Financial Guidance for the Fiscal Year 2022

Alliance Aviation Services Limited Announces Resignation of Lee Schofield as Executive Director

Qantas Airways Limited (ASX:QAN) entered into a scheme implementation deed to acquire remaining 80% stake in Alliance Aviation Services Limited (ASX:AQZ) for approximately AUD 610 million.

Less than half of directors are independent

First half 2022 earnings: EPS in line with expectations, revenues disappoint

MD & Executive Director recently bought AU$200k worth of stock

Full year 2021 earnings released: EPS AU$0.21 (vs AU$0.17 in FY 2020)

MD & Executive Director recently sold AU$2.2m worth of stock

New 90-day high: AU$4.39

Revenue beats expectations

First half 2021 earnings released: EPS AU$0.15 (vs AU$0.085 in 1H 2020)

Alliance Signs E190 Capacity Deal with QANTAS

New 90-day high: AU$4.32

Alliance Executes Contract Extension with Newmont Mining Services Pty Ltd

New 90-day high: AU$4.03

New 90-day high: AU$3.75

Alliance Aviation Services Limited (ASX:AQZ) signed a share sale and purchase agreement to acquire Toll Aviation Engineering Pty Ltd from Toll Holdings Limited.

New 90-day high: AU$3.71

New 90-day high - AU$3.63

Full year earnings released

Alliance Aviation Services Limited Omits to Pay Final Dividend for the Year Ended 30 June 2020

Alliance Aviation Services Limited to Report Fiscal Year 2020 Results on Aug 05, 2020

New 90-day high - AU$3.18

Alliance Aviation Services Limited has completed a Follow-on Equity Offering in the amount of AUD 3.971747 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age