Aveng Limited

DB:UG8 Stock Report

Market Cap: €76.1m

Aveng Management

Management criteria checks 2/4

Aveng's CEO is Scott Cummins, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is A$2.82M, comprised of 44% salary and 56% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth €670.20K. The average tenure of the management team and the board of directors is 1.8 years and 4.3 years respectively.

Key information

Scott Cummins

Chief executive officer

AU$2.8m

Total compensation

CEO salary percentage44.0%
CEO tenureless than a year
CEO ownership0.9%
Management average tenure1.8yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Cummins's remuneration changed compared to Aveng's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$3mAU$1m

AU$26m

Mar 31 2024n/an/a

-AU$33m

Dec 31 2023n/an/a

-AU$89m

Sep 30 2023n/an/a

-AU$91m

Jun 30 2023AU$2mAU$1m

-AU$92m

Mar 31 2023n/an/a

-AU$41m

Dec 31 2022n/an/a

AU$9m

Sep 30 2022n/an/a

AU$9m

Jun 30 2022AU$2mAU$1m

AU$9m

Mar 31 2022n/an/a

AU$31m

Dec 31 2021n/an/a

AU$49m

Sep 30 2021n/an/a

AU$71m

Jun 30 2021AU$2mAU$1m

AU$92m

Dec 31 2020n/an/a

-AU$34m

Sep 30 2020n/an/a

-AU$51m

Jun 30 2020AU$1mAU$1m

-AU$69m

Dec 31 2019n/an/a

-AU$28m

Sep 30 2019n/an/a

-AU$59m

Jun 30 2019AU$140kAU$113k

-AU$94m

Dec 31 2018n/an/a

-AU$174m

Sep 30 2018n/an/a

-AU$138m

Jun 30 2018AU$2mAU$1m

-AU$104m

Compensation vs Market: Scott's total compensation ($USD1.83M) is above average for companies of similar size in the German market ($USD478.51K).

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

CEO

Scott Cummins (61 yo)

less than a year

Tenure

AU$2,818,000

Compensation

Mr. Scott Vincent Cummins is Executive Director at Aveng Limited since November 22, 2023 and is its CEO since March 1, 2024. He was CEO of Mcconnell Dowell Corporation Ltd of Aveng Limited from November 22...

Leadership Team

NamePositionTenureCompensationOwnership
Scott Cummins
Executive Director & Group CEOless than a yearAU$2.82m0.88%
€ 670.2k
Adrian Macartney
Group CFO10.2yrsAU$1.51m1.22%
€ 925.7k
Dale Morrison
Chief Operating Officerno dataAU$1.42m0.46%
€ 349.7k
Steve Collett
Chief Strategy Officer & Chief People Officerno dataAU$1.08m0.036%
€ 27.0k
James Glastonbury
Chief Engineering & Innovation Officerno dataAU$990.00k0.034%
€ 25.6k
John Meggitt
Chief Commercial Officerno dataAU$1.06m0.018%
€ 13.7k
Suzie Nkambule
MD of Aveng Water & Strategy Executive of Aveng Grinaker-LTAno datano datano data
Rod Dixon
Managing Director of Moolmans1.8yrsno datano data
Fraser Wyllie
Managing Director of McConnell Dowell New Zealand & Pacificno datano datano data
Mario Russo
Managing Director of McConnell Dowell Australiano datano datano data
Michael Clemenger
Managing Director Built Environsno datano datano data
Hee Wee Tan
Managing Director of McConnell Dowell Southeast Asiano datano datano data

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: UG8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Scott Cummins
Executive Director & Group CEOless than a yearAU$2.82m0.88%
€ 670.2k
Adrian Macartney
Group CFO10.2yrsAU$1.51m1.22%
€ 925.7k
Nicholas Bowen
Independent Non-Executive Director1.3yrsAU$183.00kno data
Sean Flanagan
Non-Executive Director9yrsAU$2.92m1.22%
€ 924.4k
David Noko
Independent Non-Executive Director1.7yrsAU$112.14kno data
Bradley Meyer
Independent Non-Executive Director3.5yrsAU$134.93kno data
Bridgette Modise
Lead Independent Non-Executive Director5yrsAU$116.84kno data
Philip Hourquebie
Independent Chairman9.3yrsAU$261.53k0.038%
€ 28.7k

4.3yrs

Average Tenure

62yo

Average Age

Experienced Board: UG8's board of directors are considered experienced (4.3 years average tenure).