Commonwealth Bank of Australia Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Matt Comyn

Chief executive officer

AU$7.3m

Total compensation

CEO salary percentage	33.7%
CEO tenure	6yrs
CEO ownership	0.007%
Management average tenure	4.1yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Comyn's remuneration changed compared to Commonwealth Bank of Australia's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$10b
Sep 30 2023	n/a	n/a	AU$10b
Jun 30 2023	AU$7m	AU$2m	AU$10b
Mar 31 2023	n/a	n/a	AU$10b
Dec 31 2022	n/a	n/a	AU$10b
Sep 30 2022	n/a	n/a	AU$10b
Jun 30 2022	AU$7m	AU$2m	AU$10b
Mar 31 2022	n/a	n/a	AU$10b
Dec 31 2021	n/a	n/a	AU$10b
Sep 30 2021	n/a	n/a	AU$9b
Jun 30 2021	AU$6m	AU$2m	AU$9b
Mar 31 2021	n/a	n/a	AU$8b
Dec 31 2020	n/a	n/a	AU$7b
Sep 30 2020	n/a	n/a	AU$7b
Jun 30 2020	AU$6m	AU$2m	AU$7b
Dec 31 2019	n/a	n/a	AU$8b
Sep 30 2019	n/a	n/a	AU$8b
Jun 30 2019	AU$4m	AU$2m	AU$8b
Mar 31 2019	n/a	n/a	AU$9b
Dec 31 2018	n/a	n/a	AU$9b
Sep 30 2018	n/a	n/a	AU$9b
Jun 30 2018	AU$3m	AU$1m	AU$9b
Dec 31 2017	n/a	n/a	AU$10b
Sep 30 2017	n/a	n/a	AU$10b
Jun 30 2017	AU$2m	AU$1m	AU$9b

Compensation vs Market: Matt's total compensation ($USD4.78M) is about average for companies of similar size in the Swiss market ($USD6.42M).

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

CEO

Matt Comyn (47 yo)

6yrs

Tenure

AU$7,341,873

Compensation

Mr. Matthew Comyn, also known as Matt, has been Managing Director, Chief Executive Officer and Executive Director at Commonwealth Bank of Australia since April 9, 2018 and served as its Managing Director a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Comyn	CEO, MD & Executive Director	6yrs	AU$7.34m	0.0067% A$ 7.6m
Alan Docherty	Group Executive of Financial Services & CFO	5.9yrs	AU$3.39m	no data
Gavin Munroe	Group Executive of Technology & Group Chief Information Officer	1.4yrs	AU$2.43m	no data
Sian Lewis	Group Executive of Human Resources	5.7yrs	AU$2.78m	no data
Nigel Williams	Group Chief Risk Officer	5.4yrs	AU$4.16m	no data
Vittoria June Shortt	Chief Executive & MD of ASB Bank Ltd.	6.2yrs	AU$3.29m	no data
Sinead Taylor	Chief Operations Officer	2.5yrs	no data	no data
Rodrigo Castillo	Chief Technology Officer	less than a year	no data	no data
Melanie Kirk	Head of Investor Relations	no data	no data	no data
Karen O'Flynn	Group General Counsel	less than a year	no data	no data
Monique Macleod	Group Executive of Marketing & Corporate Affairs	2.6yrs	no data	no data
Julian Longstaff	Managing Director of Global Capital Markets	4.1yrs	no data	no data

4.1yrs

Average Tenure

Experienced Management: CBA's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Comyn	CEO, MD & Executive Director	6yrs	AU$7.34m	0.0067% A$ 7.6m
Simon Moutter	Independent Non-Executive Director	3.6yrs	AU$355.81k	0.00024% A$ 274.4k
Paul O'Malley	Independent Non-Executive Chairman	5.3yrs	AU$849.12k	0.00046% A$ 525.9k
Robert Whitfield	Independent Non-Executive Director	6.6yrs	AU$359.76k	0.00022% A$ 251.5k
Anne Templeman-Jones	Independent Non-Executive Director	6.1yrs	AU$347.65k	0.00017% A$ 194.4k
Peter Harmer	Independent Non-Executive Director	3.1yrs	AU$312.22k	0.00018% A$ 205.8k
Lynette Cobley	Independent Non-Executive Director	1.5yrs	AU$181.00k	0.00024% A$ 274.4k
Mary Padbury	Independent Non-Executive Director	7.8yrs	AU$289.71k	0.00029% A$ 331.6k
Julie Galbo	Independent Non-Executive Director	2.6yrs	AU$352.04k	0.000080% A$ 91.5k

5.3yrs

Average Tenure

60yo

Average Age

Experienced Board: CBA's board of directors are considered experienced (5.3 years average tenure).

Commonwealth Bank of Australia Management

Management criteria checks 4/4

Key information

Recent management updates

Matt Comyn Resigns from Commonwealth Bank as Deputy CEO

Commonwealth Bank of Australia Announces Appointment of Rebecca Warren as Executive General Manager

Commonwealth Bank of Australia Announces Resignation of Genevieve Bell AO from the Board, Effective 31 October 2023

Commonwealth Bank of Australia Announces Company Secretary Changes

Commonwealth Bank of Australia, Annual General Meeting, Oct 16, 2024

Commonwealth Bank Appoints Rodrigo Castillo as Chief Technology Officer

Recent updates

First half dividend of AU$2.15 announced

First half 2024 earnings released: EPS: AU$2.89 (vs AU$3.09 in 1H 2023)

Matt Comyn Resigns from Commonwealth Bank as Deputy CEO

PT Bank OCBC NISP Tbk (IDX:NISP) entered into a binding agreement to acquire 99% stake in PT Bank Commonwealth from Commonwealth Bank of Australia (ASX:CBA) for AUD 220 million.

Commonwealth Bank of Australia Announces Appointment of Rebecca Warren as Executive General Manager

Commonwealth Bank of Australia Announces Resignation of Genevieve Bell AO from the Board, Effective 31 October 2023

Commonwealth Bank of Australia Announces Federal Court of Australia Approves Consumer Credit Insurance Class Action Settlement

Commonwealth Bank of Australia Announces Company Secretary Changes

Commonwealth Bank of Australia Announces a Final Dividend, Payable on or Around 28 September 2023

Commonwealth Bank of Australia to Report Q2, 2024 Results on Feb 14, 2024

Full year 2023 earnings released: EPS: AU$6.32 (vs AU$5.62 in FY 2022)

Commonwealth Bank of Australia, Annual General Meeting, Oct 16, 2024

Commonwealth Bank Appoints Rodrigo Castillo as Chief Technology Officer

Commonwealth Bank of Australia Reports Loan Impairment Expense for the Third Quarter Ended March 31, 2023

Independent Non-Executive Chairman recently bought CHF65k worth of stock

First half 2023 earnings released: EPS: AU$3.08 (vs AU$2.73 in 1H 2022)

Commonwealth Bank of Australia Announces Dividend for the Six Months Ended December 31, 2022, Payable on March 30, 2023

Commonwealth Bank of Australia Announces Resignation of Suzannah Fletcher as Company Secretary

Independent Non-Executive Director recently bought CHF147k worth of stock

Commonwealth Bank of Australia Appoints Managing Directors to Institutional Banking Markets

Tyro Payments in Takeover Talks with Selected Parties

Hollard Insurance Company Pty Ltd completed the acquisition of CommInsure General Insurance Business from Commonwealth Bank of Australia (ASX:CBA).

Commonwealth Bank of Australia Announces Executive Changes

Commonwealth Bank of Australia Announces Executive Changes

Independent Non-Executive Chairman recently bought CHF86k worth of stock

Independent Non-Executive Director recently bought CHF133k worth of stock

Commonwealth Bank of Australia Announces Executive Changes

Full year 2022 earnings released: EPS: AU$5.62 (vs AU$4.99 in FY 2021)

Commonwealth Bank of Australia Announces Final Dividend, Payable on or Around 29 September 2022

Commonwealth Bank of Australia Announces Appointment of Suzannah Fletcher as an Additional Company Secretary

Hangzhou City Construction Investment Group Limited and Hangzhou Communications Investment Group Co., Ltd. completed the acquisition of 10% stake in Bank of Hangzhou Co., Ltd. (SHSE:600926) from Commonwealth Bank of Australia (ASX:CBA).

Commonwealth Bank of Australia Announces Distribution on CBAPD - CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-22 for the Quarter Ended September 15, 2022, Payable on September 15, 2022

Commonwealth Bank Announces Executive Changes

Westpac Banking Corporation Reportedly Takes Receipt of Indicative Bids for Its Investment Platform Business

Commonwealth Bank of Australia Announces Ordinary Fully Franked Distribution on CBAPJ - CAP Note 3-BBSW+2.75% PERP NON-CUM RED T-06-29 for the Quarter Ending June 15, 2022, Payable on June 15, 2022

CEO, MD & Executive Director recently sold CHF947k worth of stock

Commonwealth Bank of Australia Announces Change of Company Secretary, Effective March 3, 2022

Hangzhou City Construction Investment Group Limited and Hangzhou Communications Investment Group Co., Ltd. entered into a binding sale agreement to acquire 10% stake in Bank of Hangzhou Co., Ltd. (SHSE:600926) from Commonwealth Bank of Australia (ASX:CBA) for approximately AUD 1.8 billion.

Commonwealth Bank of Australia (ASX:CBA) announces an Equity Buyback.

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Commonwealth Bank of Australia Announces Ordinary Dividend for the Six Months Ended December 31, 2021, Payable on March 30, 2022

AREAP Core I Fund managed by Allianz Real Estate Asia Pacific and National Pension Service entered into definitive agreement to acquire a 50% stake in Marquee Commonwealth Bank Place Asset in Sydney from Commonwealth Bank of Australia (ASX:CBA) for approximately $445 million.

KKR & Co. Inc. (NYSE:KKR) acquired 55% stake in Colonial First State Investments Limited from Commonwealth Bank of Australia (ASX:CBA)

High number of new directors

Group Company Secretary Kara-Lyn Nicholls has left the company

High number of new directors

Full year 2021 earnings released: EPS AU$4.99 (vs AU$4.22 in FY 2020)

Hollard Holdings Australia Pty Ltd agreed to acquire Commonwealth Insurance Limited.

The Hollard Insurance Company Pty Ltd entered into an agreement to acquire CommInsure General Insurance Business from Commonwealth Bank of Australia (ASX:CBA) for AUD 630 million.

Race for CBA Insurance Unit Reportedly Nears Finish Line

CBA Reportedly Flagged to Join Bid for Property Exchange

CEO, MD & Executive Director recently sold CHF1.4m worth of stock

Commonwealth Bank of Australia Declares Dividend on CBAPD - CAP NOTE 3-BBSW+2.80% PERP NON-CUM RED T-12-22, for the Quarter Ending June 15, 2021, Payable on June 15, 2021

Commonwealth Bank of Australia Announces Dividend for the Period Ending June 15, 2021

New 90-day low: CHF53.18

Commonwealth Bank of Australia Appoints Peter Harmer as an Independent, Non-Executive Director, Effective March 1, 2021

Suncorp Reportedly Eyes More Insurance

Commonwealth Bank of Australia Appoints Carmel Mulhern as Company Secretary

Commonwealth Bank of Australia Acknowledges Proceedings Commenced by Australian Securities and Investments Commission

Commonwealth Bank Reportedly Pushes for Merger of Aussie and Lendi

AIA International Limited signed an agreement to acquire The Colonial Mutual Life Assurance Society Limited and ASB Group (Life) Ltd. from Commonwealth Bank of Australia (ASX:CBA) for AUD 3.7 billion.

New 90-day low: CHF53.18

Independent Chairman of the Board recently bought CHF56k worth of stock

Full year earnings released - EPS CHF4.22

Commonwealth Bank of Australia to Report First Half, 2021 Results on Feb 10, 2021

Commonwealth Bank of Australia (ASX:CBA) acquired an unknown minority stake in Slyp Pty Ltd.

CEO Compensation Analysis

CEO

Tenure