Aveng Management
Management criteria checks 2/4
Aveng's CEO is Scott Cummins, appointed in Mar 2024, has a tenure of 1.17 years. 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 €368.43K. The average tenure of the management team and the board of directors is 4.5 years and 4.8 years respectively.
Key information
Scott Cummins
Chief executive officer
AU$2.8m
Total compensation
| CEO salary percentage | 43.97% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.9% |
| Management average tenure | 4.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -AU$8m |
| Sep 30 2024 | n/a | n/a | AU$9m |
| Jun 30 2024 | AU$3m | AU$1m | AU$26m |
| Mar 31 2024 | n/a | n/a | -AU$33m |
| Dec 31 2023 | n/a | n/a | -AU$91m |
| Sep 30 2023 | n/a | n/a | -AU$91m |
| Jun 30 2023 | AU$2m | AU$1m | -AU$92m |
| Mar 31 2023 | n/a | n/a | -AU$41m |
| Dec 31 2022 | n/a | n/a | AU$9m |
| Sep 30 2022 | n/a | n/a | AU$9m |
| Jun 30 2022 | AU$2m | AU$1m | AU$9m |
| Mar 31 2022 | n/a | n/a | AU$31m |
| Dec 31 2021 | n/a | n/a | AU$49m |
| Sep 30 2021 | n/a | n/a | AU$71m |
| Jun 30 2021 | AU$2m | AU$1m | AU$92m |
| Dec 31 2020 | n/a | n/a | -AU$34m |
| Sep 30 2020 | n/a | n/a | -AU$51m |
| Jun 30 2020 | AU$1m | AU$1m | -AU$69m |
| Dec 31 2019 | n/a | n/a | -AU$28m |
| Sep 30 2019 | n/a | n/a | -AU$59m |
| Jun 30 2019 | AU$140k | AU$113k | -AU$94m |
| Dec 31 2018 | n/a | n/a | -AU$174m |
| Sep 30 2018 | n/a | n/a | -AU$138m |
| Jun 30 2018 | AU$2m | AU$1m | -AU$104m |
Compensation vs Market: Scott's total compensation ($USD1.83M) is above average for companies of similar size in the German market ($USD497.07K).
Compensation vs Earnings: Scott's compensation has increased whilst the company is unprofitable.
CEO
Scott Cummins (61 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director & Group CEO | 1.2yrs | AU$2.82m | 0.88% € 368.4k | |
| Group CFO | 10.7yrs | AU$1.51m | 1.22% € 508.9k | |
| Chief Strategy Officer & Chief People Officer | no data | AU$1.08m | 0.036% € 14.9k | |
| Chief Engineering & Innovation Officer | no data | AU$990.00k | 0.034% € 14.1k | |
| Chief Commercial Officer | no data | AU$1.06m | 0.018% € 7.5k | |
| MD of Aveng Water & Strategy Executive of Aveng Grinaker-LTA | no data | no data | no data | |
| Managing Director of Moolmans | 2.3yrs | no data | no data | |
| Managing Director of McConnell Dowell New Zealand & Pacific | no data | no data | no data | |
| Managing Director of McConnell Dowell Australia | no data | no data | no data | |
| Managing Director Built Environs | no data | no data | no data | |
| Managing Director of McConnell Dowell Southeast Asia | no data | no data | no data | |
| Company Secretary | 6.7yrs | no data | no data |
Experienced Management: UG8's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director & Group CEO | 1.5yrs | AU$2.82m | 0.88% € 368.4k | |
| Group CFO | 10.7yrs | AU$1.51m | 1.22% € 508.9k | |
| Independent Non-Executive Director | 1.8yrs | AU$183.00k | no data | |
| Non-Executive Director | 9.5yrs | AU$2.92m | 1.22% € 508.2k | |
| Independent Non-Executive Director | 2.2yrs | AU$112.14k | no data | |
| Independent Non-Executive Director | 4yrs | AU$134.93k | no data | |
| Lead Independent Non-Executive Director | 5.5yrs | AU$116.84k | no data | |
| Independent Chairman | 9.8yrs | AU$261.53k | 0.038% € 15.8k |
Experienced Board: UG8's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/25 09:46 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Aveng Limited is covered by 21 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anashrin Pillay | Afrifocus Securities (Pty) Ltd. |
| Thomas Renaud | ARROWHEAD Business and Investment Decisions, LLC |
| Garth Arenz | Avior Capital Markets |