Bendigo and Adelaide Bank Limited

DB:BDJ Stock Report

Market Cap: €3.4b

Bendigo and Adelaide Bank Management

Management criteria checks 2/4

Bendigo and Adelaide Bank's CEO is Marnie Baker, appointed in Jul 2018, has a tenure of 5.83 years. total yearly compensation is A$2.63M, comprised of 62.9% salary and 37.1% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth €8.55M. The average tenure of the management team and the board of directors is 3.4 years and 2.7 years respectively.

Key information

Marnie Baker

Chief executive officer

AU$2.6m

Total compensation

CEO salary percentage62.9%
CEO tenure5.8yrs
CEO ownership0.3%
Management average tenure3.4yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marnie Baker's remuneration changed compared to Bendigo and Adelaide Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

AU$530m

Sep 30 2023n/an/a

AU$514m

Jun 30 2023AU$3mAU$2m

AU$497m

Mar 31 2023n/an/a

AU$456m

Dec 31 2022n/an/a

AU$416m

Sep 30 2022n/an/a

AU$452m

Jun 30 2022AU$2mAU$1m

AU$488m

Mar 31 2022n/an/a

AU$545m

Dec 31 2021n/an/a

AU$601m

Sep 30 2021n/an/a

AU$563m

Jun 30 2021AU$2mAU$1m

AU$524m

Mar 31 2021n/an/a

AU$407m

Dec 31 2020n/an/a

AU$291m

Sep 30 2020n/an/a

AU$242m

Jun 30 2020AU$2mAU$1m

AU$193m

Mar 31 2020n/an/a

AU$256m

Dec 31 2019n/an/a

AU$319m

Sep 30 2019n/an/a

AU$348m

Jun 30 2019AU$2mAU$1m

AU$377m

Mar 31 2019n/an/a

AU$391m

Dec 31 2018n/an/a

AU$406m

Sep 30 2018n/an/a

AU$420m

Jun 30 2018AU$1mAU$576k

AU$435m

Mar 31 2018n/an/a

AU$443m

Dec 31 2017n/an/a

AU$452m

Sep 30 2017n/an/a

AU$441m

Jun 30 2017AU$978kAU$546k

AU$430m

Compensation vs Market: Marnie's total compensation ($USD1.73M) is below average for companies of similar size in the German market ($USD2.58M).

Compensation vs Earnings: Marnie's compensation has increased by more than 20% in the past year.


CEO

Marnie Baker (54 yo)

5.8yrs

Tenure

AU$2,628,000

Compensation

Ms. Marnie A. Baker, BBus (Acc), ASA, MAICD, SF FIN, has been Managing Director at Bendigo and Adelaide Bank Limited since July 02, 2018 and serves as its Chief Executive Officer. Ms. Baker has been a Dire...


Leadership Team

NamePositionTenureCompensationOwnership
Marnie Baker
CEO, MD & Non Independent Director5.8yrsAU$2.63m0.25%
A$ 8.5m
Andrew Morgan
Chief Financial Officer1.9yrsAU$1.26mno data
Bruce Speirs
Chief Operating Officer8.7yrsAU$956.00kno data
Richard Fennell
Chief Customer Officer of Consumer Banking2.3yrsAU$1.36mno data
Taso Corolis
Chief Risk Officerno dataAU$984.00kno data
Ryan Brosnahan
Chief Transformation Officer4.5yrsAU$1.15mno data
Adam Rowse
Chief Customer Officer of Business & Agribusiness1.8yrsAU$981.00kno data
Samantha Miller
Head of Investor Relations & ESGno datano datano data
James Frost
Head of Public Relationsno datano datano data
Louise Tebbutt
Chief People Officer5.6yrsno datano data
William Conlan
Chief of Staff1.3yrsno datano data
Lauren Andrews
Head of Corporate Affairsno datano datano data

3.4yrs

Average Tenure

Experienced Management: BDJ's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marnie Baker
CEO, MD & Non Independent Director24.3yrsAU$2.63m0.25%
A$ 8.5m
David Foster
Independent Chairman of the Board4.7yrsAU$216.00k0.0027%
A$ 91.1k
Victoria Sophia Weekes
Independent Non Executive Director2.3yrsAU$215.00k0.0021%
A$ 71.1k
Patricia Payn
Non-Executive Independent Directorless than a yearno data0.0018%
A$ 59.9k
David Matthews
Non Executive Independent Director14.2yrsAU$226.00k0.0089%
A$ 302.1k
Vicki Carter
Independent Interim Chair of the Board5.7yrsAU$309.00k0.0044%
A$ 148.7k
Alistair Muir
Independent Non-executive Director1.7yrsAU$159.00k0.00018%
A$ 6.1k
Richard Deutsch
Independent Non Executive Director2.7yrsAU$256.00k0.0018%
A$ 62.3k
Margaret Payn
Non-Executive Directorless than a yearno datano data

2.7yrs

Average Tenure

58yo

Average Age

Experienced Board: BDJ's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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