Downer EDI Management

Management criteria checks 2/4

Downer EDI's CEO is Peter Tompkins, appointed in Jun 2021, has a tenure of 2.83 years. total yearly compensation is A$1.65M, comprised of 70.9% salary and 29.1% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €887.03K. The average tenure of the management team and the board of directors is 2.8 years and 2 years respectively.

Key information

Peter Tompkins

Chief executive officer

AU$1.6m

Total compensation

CEO salary percentage	70.9%
CEO tenure	2.8yrs
CEO ownership	0.05%
Management average tenure	2.8yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Tompkins's remuneration changed compared to Downer EDI's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-AU$394m
Sep 30 2023	n/a	n/a	-AU$395m
Jun 30 2023	AU$2m	AU$1m	-AU$396m
Mar 31 2023	n/a	n/a	-AU$141m
Dec 31 2022	n/a	n/a	AU$115m
Sep 30 2022	n/a	n/a	AU$124m
Jun 30 2022	AU$2m	AU$952k	AU$134m
Mar 31 2022	n/a	n/a	AU$165m
Dec 31 2021	n/a	n/a	AU$187m
Sep 30 2021	n/a	n/a	AU$182m
Jun 30 2021	AU$2m	AU$960k	AU$176m
Mar 31 2021	n/a	n/a	AU$3m
Dec 31 2020	n/a	n/a	-AU$169m
Sep 30 2020	n/a	n/a	-AU$163m
Jun 30 2020	AU$1m	AU$843k	-AU$158m
Mar 31 2020	n/a	n/a	AU$24m
Dec 31 2019	n/a	n/a	AU$206m
Sep 30 2019	n/a	n/a	AU$230m
Jun 30 2019	AU$1m	AU$687k	AU$254m

Compensation vs Market: Peter's total compensation ($USD1.07M) is below average for companies of similar size in the German market ($USD1.63M).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Tompkins (44 yo)

2.8yrs

Tenure

AU$1,645,820

Compensation

Mr. Peter John Tompkins has been Group Chief Operating Officer of Downer EDI Limited since June 2021 and is Chief Executive Officer & Managing Director from February 27, 2023. Mr. Tompkins served as Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Tompkins	CEO, MD	2.8yrs	AU$1.65m	0.046% A$ 887.0k
Malcolm Ashcroft	Chief Financial Officer	less than a year	AU$887.64k	no data
Adam Halmarick	Group Head of Investor Relations & Strategic Planning	no data	no data	no data
Robert Regan	Group General Counsel & Company Secretary	5.3yrs	no data	no data
Mitchell Dale	Group Manager Corporate Affairs	no data	no data	no data
Julie Wills	Group Head of Sustainability	9.3yrs	no data	no data
Steve Killeen	Chief Executive Officer of New Zealand Business	7.3yrs	AU$1.42m	no data
Dante Cremasco	Head of Road Services	2.6yrs	no data	no data
Mark Mackay	Head of Infrastructure Projects	2.6yrs	no data	no data
Trevor Cohen	Head of Utilities	2.6yrs	no data	no data
Pat Burke	Head of Facilities & Asset Services	2.8yrs	no data	no data
Jacob Bonisch	Head of Downer Defense	2.8yrs	no data	no data

2.8yrs

Average Tenure

Experienced Management: DNE's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Tompkins	CEO, MD	1.2yrs	AU$1.65m	0.046% A$ 887.0k
Nicole Hollows	Independent Non-Executive Director	5.8yrs	AU$258.50k	0.0075% A$ 146.5k
Mark Menhinnitt	Independent Non-Executive Chairman	2.1yrs	AU$298.55k	0.014% A$ 268.7k
Adelle Howse	Non-Executive Independent Director	2yrs	AU$224.79k	0.0022% A$ 43.5k
Sheridan Broadbent	Non-executive Independent Director	less than a year	no data	0.000090% A$ 1.7k
Teresa Handicott	Independent Non-Executive Director	7.6yrs	AU$227.71k	0.0046% A$ 89.8k
Steven MacDonald	Independent Non-Executive Director	less than a year	no data	0.0018% A$ 34.4k

2.0yrs

Average Tenure

55yo

Average Age

Experienced Board: DNE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Downer EDI Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new directors

Downer EDI Limited, Annual General Meeting, Nov 22, 2023

Downer Edi Limited Appoints Sheridan Broadbent as Non-Executive Director, Effective from 1 October 2023

Downer EDI Limited Announces Chief Financial Officer Changes

Independent Non-Executive Chairman recently bought €102k worth of stock

Downer EDI Limited Announces the Resignation of Mark Binns as Non-Executive Director

Recent updates

Upcoming dividend of AU$0.06 per share

First half 2024 earnings released: EPS: AU$0.098 (vs AU$0.093 in 1H 2023)

First half dividend of AU$0.06 announced

High number of new directors

Downer EDI Limited, Annual General Meeting, Nov 22, 2023

Downer Edi Limited Appoints Sheridan Broadbent as Non-Executive Director, Effective from 1 October 2023

Downer EDI Limited to Report First Half, 2024 Results on Feb 14, 2024

Upcoming dividend of AU$0.08 per share at 3.1% yield

Downer EDI Limited Announces Final Dividend for 2023, Payable on 21 September 2023

Full year 2023 earnings released: AU$0.59 loss per share (vs AU$0.21 profit in FY 2022)

Downer EDI Limited Announces Chief Financial Officer Changes

Downer EDI Limited Provides Update on Second Shareholder Class Action

Downer Reportedly Step Closer to Repurpose It Sell-Off

Independent Non-Executive Chairman recently bought €102k worth of stock

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of AU$0.05 per share at 3.0% yield

Now 25% undervalued after recent price drop

First half 2023 earnings released: EPS: AU$0.093 (vs AU$0.12 in 1H 2022)

Downer EDI Limited Announces the Resignation of Mark Binns as Non-Executive Director

Downer Edi Limited Announces Appointment of Peter Tompkins as Executive Director, Effective from 1 February 2023

Investor sentiment deteriorated over the past week

Downer EDI Limited Appoints Peter Tompkins as Chief Executive Officer and Managing Director

Now 23% undervalued after recent price drop

Upcoming dividend of AU$0.12 per share

Full year 2022 earnings released: EPS: AU$0.21 (vs AU$0.25 in FY 2021)

Downer EDI Limited Announces Final Dividend for 2022, Payable on 28 September 2022

Downer EDI Limited Announces the Retirement of Phil Garling AM as Non-Executive Director, Effective 30 June 2022

High number of new directors

High number of new directors

Downer EDI Limited Appoints Adelle Maree Howse as Director, Effective on April 1, 2022

Downer EDI Limited Announces Appointment of Mark Binns as Non-Executive Director

Downer EDI Limited Appoints Adelle Howse as Non-Executive Director, Effective 1 April 2022

Downer EDI Limited (ASX:DOW) acquired Fowlers Asphalting Pty Ltd, Gippsland Asphalt Pty Ltd and Tarmac Linemarking Pty Ltd for AUD 24.9 million.

Downer Edi Limited Provides Update on Revenue Guidance for the Second Half of Fiscal Year 2022

Downer EDI Limited Appoints of Mark Menhinnitt as Non-Executive Director

PT Bukit Makmur Mandiri Utama completed the acquisition of Open Cut Mining East Business from Downer EDI Limited (ASX:DOW).

Bridgestone Corporation (TSE:5108) completed the acquisition of Otraco International Pty Ltd. from Downer EDI Limited (ASX:DOW).

Independent Non Executive Chairman Richard Harding has left the company

Upcoming dividend of AU$0.12 per share

Full year 2021 earnings released: EPS AU$0.25 (vs AU$0.27 loss in FY 2020)

Bridgestone Corporation (TSE:5108) entered into an agreement to acquire Otraco International Pty Ltd. from Downer EDI Limited (ASX:DOW) for AUD 79 million.

Downer EDI Limited Wins $245 Million Eyre Peninsula Link Contract

Enaex S.A. (SNSE:ENAEX) completed the acquisition of Downer EDI Mining-Blasting Services Pty Ltd from Downer EDI Limited (ASX:DOW).

New 90-day high: €3.60

First half 2021 earnings released: EPS AU$0.10 (vs AU$0.14 in 1H 2020)

Revenue misses expectations

MACA Limited (ASX:MLD) completed the acquisition of the Mining West Business from Downer EDI Limited (ASX:DOW) for approximately AUD 210 million.

Downer EDI Limited Receives New Telstra Contract

New 90-day high: €3.44

MACA Limited (ASX:MLD) entered into a binding agreement to acquire Mining West business of Downer EDI Limited (ASX:DOW) for approximately AUD 180 million.

Adamantem Capital agreed to acquire a 70% stake in Laundries Business of Downer EDI Limited (ASX:DOW) for approximately AUD 160 million.

Downer EDI Limited, Annual General Meeting, Nov 09, 2023

Enaex S.A. (SNSE:ENAEX) entered into an agreement to acquire Downer EDI Mining-Blasting Services Pty Ltd from Downer EDI Limited (ASX:DOW) for an enterprise value of AUD 62 million.

New 90-day high: €3.12

New 90-day high: €2.80

Downer EDI Limited has completed a Follow-on Equity Offering in the amount of AUD 399.66567 million.

Full year earnings released - €0.27 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age