Contact Energy Limited

ASX:CEN Stock Report

Market Cap: AU$7.0b

Contact Energy Management

Management criteria checks 4/4

Contact Energy's CEO is Mike Fuge, appointed in Feb 2020, has a tenure of 4.92 years. total yearly compensation is NZ$2.43M, comprised of 51% salary and 49% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth A$278.79K. The average tenure of the management team and the board of directors is 4.7 years and 6.2 years respectively.

Key information

Mike Fuge

Chief executive officer

NZ$2.4m

Total compensation

CEO salary percentage51.0%
CEO tenure4.9yrs
CEO ownership0.004%
Management average tenure4.7yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Fuge's remuneration changed compared to Contact Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024NZ$2mNZ$1m

NZ$235m

Mar 31 2024n/an/a

NZ$261m

Jun 30 2023NZ$2mNZ$1m

NZ$127m

Mar 31 2023n/an/a

NZ$84m

Dec 31 2022n/an/a

NZ$41m

Sep 30 2022n/an/a

NZ$112m

Jun 30 2022NZ$2mNZ$1m

NZ$182m

Mar 31 2022n/an/a

NZ$213m

Dec 31 2021n/an/a

NZ$243m

Sep 30 2021n/an/a

NZ$215m

Jun 30 2021NZ$2mNZ$1m

NZ$187m

Mar 31 2021n/an/a

NZ$166m

Dec 31 2020n/an/a

NZ$144m

Sep 30 2020n/an/a

NZ$135m

Jun 30 2020NZ$1mNZ$376k

NZ$125m

Compensation vs Market: Mike's total compensation ($USD1.37M) is below average for companies of similar size in the Australian market ($USD2.09M).

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

CEO

Mike Fuge

4.9yrs

Tenure

NZ$2,433,527

Compensation

Mr. Michael Fuge, also known as Mike, M. Com. (Hons), B.Eng. (Hons), MIPENZ, serves as Chief Executive Officer of Contact Energy Limited since February 24, 2020. He served as Chief Executive Officer at The...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Fuge
Chief Executive Officer4.9yrsNZ$2.43m0.0040%
A$ 278.8k
Dorian Kevin Devers
Chief Financial Officer6.1yrsno data0.0092%
A$ 643.3k
Matthew Forbes
General Manager of Corporate Financeno datano data0.000050%
A$ 3.5k
Iain Gauld
Chief Information Officer3.8yrsno datano data
Shelley Hollingsworth
Investor Relations & Strategy Managerno datano datano data
Kirsten Clayton
General Counsel & Company Secretaryno datano datano data
Louise Wright
Head of Communications & Reputationno datano datano data
Jan Bibby
Chief People Experience Officer5.2yrsno datano data
Jacqui Nelson
Chief Development Officer4.5yrsno datano data
Matt Bolton
Chief Retail Officer3.8yrsno datano data
Tighe Wall
Chief Digital Officer4.9yrsno datano data
John Clark
Chief Generation Officer2.9yrsno datano data

4.7yrs

Average Tenure

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

Board Members

NamePositionTenureCompensationOwnership
Robert McDonald
Independent Non-Executive Chairman9.2yrsNZ$312.00k0.0044%
A$ 310.2k
Sandra Dodds
Independent Non-Executive Director3.3yrsNZ$230.74k0.0026%
A$ 180.5k
Elena Trout
Independent Non-Executive Director8.3yrsNZ$195.01k0.0031%
A$ 212.6k
Jonathan Macdonald
Independent Non-Executive Director6.2yrsNZ$186.01k0.0033%
A$ 232.1k
Rukumoana Tira Schaafhausen
Independent Director3.8yrsNZ$184.03k0.00017%
A$ 11.8k
David Edward Gibson
Independent Non-Executive Directorless than a yearNZ$62.83k0.0025%
A$ 174.9k
David Smol
Independent Non-Executive Director6.3yrsNZ$202.80k0.0029%
A$ 202.1k

6.2yrs

Average Tenure

Experienced Board: CEN's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/04 05:01
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Contact Energy Limited is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marie MiyashiroCitigroup Inc
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.