AGL Energy Management

Management criteria checks 2/4

AGL Energy's CEO is Damien Nicks, appointed in Sep 2022, has a tenure of 1.58 years. total yearly compensation is A$2.26M, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth A$929.42K. The average tenure of the management team and the board of directors is 1.8 years and 1.5 years respectively.

Key information

Damien Nicks

Chief executive officer

AU$2.3m

Total compensation

CEO salary percentage	56.2%
CEO tenure	1.6yrs
CEO ownership	0.02%
Management average tenure	1.8yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

Is AGL Energy (ASX:AGL) Using Too Much Debt?

Apr 06

We Don’t Think AGL Energy's (ASX:AGL) Earnings Should Make Shareholders Too Comfortable

Feb 15

AGL Energy Limited Recorded A 13% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 12

What Does AGL Energy's (ASX:AGL) CEO Pay Reveal?

Feb 01

AGL Energy Limited (ASX:AGL) Is Yielding 7.4% - But Is It A Buy?

Dec 20

A Look At AGL Energy's (ASX:AGL) Share Price Returns

Dec 05

Here’s What’s Happening With Returns At AGL Energy (ASX:AGL)

Nov 19

CEO Compensation Analysis

How has Damien Nicks's remuneration changed compared to AGL Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$387m
Sep 30 2023	n/a	n/a	-AU$438m
Jun 30 2023	AU$2m	AU$1m	-AU$1b
Mar 31 2023	n/a	n/a	-AU$1b
Dec 31 2022	n/a	n/a	-AU$770m
Sep 30 2022	n/a	n/a	AU$45m
Jun 30 2022	AU$2m	AU$740k	AU$860m
Mar 31 2022	n/a	n/a	AU$817m
Dec 31 2021	n/a	n/a	AU$773m
Sep 30 2021	n/a	n/a	-AU$642m
Jun 30 2021	AU$872k	AU$686k	-AU$2b
Mar 31 2021	n/a	n/a	-AU$2b
Dec 31 2020	n/a	n/a	-AU$2b
Sep 30 2020	n/a	n/a	-AU$292m
Jun 30 2020	AU$1m	AU$687k	AU$1b
Mar 31 2020	n/a	n/a	AU$973m
Dec 31 2019	n/a	n/a	AU$938m
Sep 30 2019	n/a	n/a	AU$922m
Jun 30 2019	AU$1m	AU$580k	AU$905m

Compensation vs Market: Damien's total compensation ($USD1.45M) is below average for companies of similar size in the Australian market ($USD2.11M).

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

CEO

Damien Nicks (50 yo)

1.6yrs

Tenure

AU$2,260,978

Compensation

Mr. Damien Nicks serves as Managing Director & Chief Executive Officer at AGL Energy Limited since January 19, 2023. He served as Chief Financial Officer of AGL Energy Limited since May 31, 2019 and served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Damien Nicks	MD & CEO	1.6yrs	AU$2.26m	0.016% A$ 929.4k
Gary Brown	Chief Financial Officer	1.5yrs	AU$1.13m	no data
Markus Brokhof	Chief Operating Officer	4yrs	AU$2.19m	no data
Jo Egan	Chief Customer Officer	1.8yrs	AU$1.10m	no data
John Chambers	Executive General Manager of Future Business & Technology	no data	no data	no data
James Thompson	Head of Investor Relations	no data	no data	no data
Melinda Hunter	Company Secretary & General Counsel	6.9yrs	no data	no data
Evie Madden	Senior Manager of Media Relations	no data	no data	no data
Kellie Benda	General Manager of Sales	no data	no data	no data
Joao Segorbe	Executive General Strategy & Corporate Development	no data	no data	no data
Amanda Lee	Chief People Officer	1.7yrs	no data	no data
Paul Hitchins	Head of Media	no data	no data	no data

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: AGL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Damien Nicks	MD & CEO	1.3yrs	AU$2.26m	0.016% A$ 929.4k
Graham John Cockroft	Independent Non-Executive Director	2.3yrs	AU$268.38k	0.0052% A$ 302.3k
Mark Bloom	Independent Non-Executive Director	3.8yrs	AU$277.40k	0.0033% A$ 190.1k
John Pollaers	Independent Non-Executive Director	1.4yrs	AU$154.30k	0.0056% A$ 322.6k
Miles George	Independent Non-Executive Director	1.6yrs	AU$196.63k	0.0074% A$ 431.9k
Kerry Schott	Independent Non-Executive Director	1.4yrs	AU$154.30k	0.0039% A$ 229.0k
Mark Twidell	Independent Non-Executive Director	1.4yrs	AU$150.64k	0.0037% A$ 218.0k
Patricia McKenzie	Independent Non-Executive Chairman	4.9yrs	AU$533.82k	0.0044% A$ 258.7k
Christine Holman	Independent Non-Executive Director	1.4yrs	AU$154.30k	0.0042% A$ 241.8k
Vanessa Sullivan	Independent Non-Executive Director	2.1yrs	AU$269.12k	0.0040% A$ 235.4k

1.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: AGL's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

AGL Energy Management

Management criteria checks 2/4

Key information

Recent management updates

Director recently bought AU$66k worth of stock

Director recently bought AU$99k worth of stock

Director recently bought AU$69k worth of stock

High number of new and inexperienced directors

AGL Energy Limited, Annual General Meeting, Nov 21, 2023

AGL Energy Limited Appoints Gary Brown as CFO

Recent updates

Is AGL Energy (ASX:AGL) Using Too Much Debt?

AGL Energy Limited to Report Fiscal Year 2024 Results on Aug 14, 2024

Upcoming dividend of AU$0.26 per share at 3.5% yield

First half dividend increased to AU$0.26

First half 2024 earnings released: EPS: AU$0.86 (vs AU$1.60 loss in 1H 2023)

AGL Energy Limited to Report First Half, 2024 Results on Feb 08, 2024

QPM Energy (MGP Upstream) Pty Ltd, QPM Energy (Midstream) Pty Ltd and QPM Energy Markets Pty Ltd Completed the acquisition of the Moranbah Project from AGL Energy Limited (ASX:AGL) and Arrow Energy Pty Ltd.

Upcoming dividend of AU$0.23 per share at 2.8% yield

New minor risk - Dividend sustainability

Full year 2023 earnings released: AU$1.88 loss per share (vs AU$1.32 profit in FY 2022)

AGL Energy Limited Declares Final Dividend for the Year Ended June 30, 2023, Payable on September 22, 2023

Price target increased by 7.9% to AU$11.86

Price target increased by 10% to AU$10.25

AGL Energy Limited Updates Dividend Policy

Director recently bought AU$66k worth of stock

Director recently bought AU$99k worth of stock

Director recently bought AU$69k worth of stock

High number of new and inexperienced directors

AGL Energy Limited, Annual General Meeting, Nov 21, 2023

AGL Energy Limited Announces Dividend for the Six Months Ended December 31, 2022, Payable on March 24, 2023

AGL Energy Limited Appoints Gary Brown as CFO

AGL Energy Limited Announces Torrens Island `B' Power Station to Close in 2026

AGL Energy Limited Announces Election of Directors

Mike Cannon-Brookes Redoubles Calls for AGL Shareholders to Vote in New Directors

Consensus forecasts updated

Independent Non-Executive Director recently bought AU$55k worth of stock

Insider recently bought AU$200k worth of stock

Consensus EPS estimates fall by 64%

AGL Energy Limited Announces CEO Changes, Effective 30 September 2022

Chow Tai Fook Reportedly May Be Still Searching for an Investor for Its Alinta Energy

AGL Energy Limited Declares Final Unfranked Dividend for the Year 2022, Payable on 27 September 2022

AGL Energy Limited to Report Fiscal Year 2022 Results on Aug 19, 2022

AGL Energy Limited Announces Loy Yang A Unit 2 - Update on Expected Return to Service

Less than half of directors are independent

Cannon-Brookes Demands AGL Board Seats

Wilson Asset Management Opposes AGL Demerger

Hesta Opposes AGL Demerger

Mike Cannon-Brookes Provides Information to the Shareholders

Mike Cannon-Brookes' Provides Information to the Shareholders

AGL Responds to Substantial Holding Notice Lodged by Galipea Partnership

Macquarie Capital Lines Up Investors for Demerged Accel Energy

Less than half of directors are independent

AGL Energy Limited Appoints Vanessa Sullivan as Non-Executive Director, Effective 1 March 2022

The consortium of Brookfield Asset Management Inc. (TSX:BAM.A) and Grok Ventures Pty. Ltd. cancelled the acquisition of AGL Energy Limited (ASX:AGL).

Non-Executive Director recently bought AU$142k worth of stock

Upcoming dividend of AU$0.16 per share

We Don’t Think AGL Energy's (ASX:AGL) Earnings Should Make Shareholders Too Comfortable

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

AGL Energy Limited Announces Dividend for the Period of Six Months Ended December 31, 2021, Payable on March 30, 2022

Returns on Capital Paint A Bright Future For AGL Energy (ASX:AGL)

Is AGL Energy (ASX:AGL) Weighed On By Its Debt Load?

Independent Non-Executive Director John Stanhope has left the company

Price target decreased to AU$8.42

Upcoming dividend of AU$0.34 per share

AGL Energy's (ASX:AGL) Dividend Is Being Reduced To AU$0.34

AGL Energy Limited Provides Guidance for the Financial Year of 2022

Full year 2021 earnings released: AU$3.30 loss per share (vs AU$1.58 profit in FY 2020)

Returns At AGL Energy (ASX:AGL) Appear To Be Weighed Down

Price target decreased to AU$9.29

AGL Energy Limited Reaffirms Earnings Guidance for the Financial Year 2021; Provides Earnings Guidance for the Fiscal Year 2022

How Does AGL Energy Limited (ASX:AGL) Fare As A Dividend Stock?

Return Trends At AGL Energy (ASX:AGL) Aren't Appealing

AGL Energy Limited Announces Dividend for the Six Months Ended December 31, 2020, Payable on March 26, 2021

Is AGL Energy (ASX:AGL) A Risky Investment?

AGL Energy Limited (ASX:AGL) entered into an agreement to acquire Solgen Energy Pty Ltd from Anchorage Capital Partners and others.

AGL Energy Limited (ASX:AGL) entered into an agreement to acquire Epho Commercial Solar Power from Anchorage Capital Partners.

New 90-day low: AU$9.62

AGL Energy Limited (ASX:AGL) Will Pay A AU$0.41 Dividend In Four Days

AGL Energy Limited Recorded A 13% Miss On Revenue: Analysts Are Revisiting Their Models