Close the Loop Management
Management criteria checks 2/4
Close the Loop's CEO is Joe Foster, appointed in Nov 2021, has a tenure of 2.67 years. total yearly compensation is A$581.47K, comprised of 53% salary and 47% bonuses, including company stock and options. directly owns 12.22% of the company’s shares, worth €13.35M. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.
Key information
Joe Foster
Chief executive officer
AU$581.5k
Total compensation
CEO salary percentage | 53.0% |
CEO tenure | 2.7yrs |
CEO ownership | 12.2% |
Management average tenure | 2.7yrs |
Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | AU$13m |
Sep 30 2023 | n/a | n/a | AU$13m |
Jun 30 2023 | AU$581k | AU$308k | AU$12m |
Mar 31 2023 | n/a | n/a | AU$10m |
Dec 31 2022 | n/a | n/a | AU$8m |
Sep 30 2022 | n/a | n/a | AU$6m |
Jun 30 2022 | AU$296k | AU$201k | AU$5m |
Mar 31 2022 | n/a | n/a | AU$4m |
Dec 31 2021 | n/a | n/a | AU$3m |
Sep 30 2021 | n/a | n/a | AU$4m |
Jun 30 2021 | AU$168k | AU$80k | AU$4m |
Compensation vs Market: Joe's total compensation ($USD391.67K) is about average for companies of similar size in the German market ($USD525.52K).
Compensation vs Earnings: Joe's compensation has increased by more than 20% in the past year.
CEO
Joe Foster
2.7yrs
Tenure
AU$581,474
Compensation
Mr. Joe Foster is Co-Founder of O F Packaging Pty Ltd and serves as its Managing Director.
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 2.7yrs | AU$581.47k | 12.22% A$ 13.4m | |
CFO, Company Secretary & Executive Director | 6.9yrs | AU$615.39k | 0.85% A$ 924.2k | |
President of USA & EU | 2.6yrs | AU$586.14k | 0.38% A$ 410.7k | |
Chief Commercial Officer & Executive Director | 2.7yrs | AU$587.98k | 1.29% A$ 1.4m | |
Founder | 23.5yrs | no data | no data | |
Marketing & Business Development Executive | no data | no data | no data |
2.7yrs
Average Tenure
Experienced Management: GI5's management team is considered experienced (2.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 2.7yrs | AU$581.47k | 12.22% A$ 13.4m | |
CFO, Company Secretary & Executive Director | 2.8yrs | AU$615.39k | 0.85% A$ 924.2k | |
Chief Commercial Officer & Executive Director | 2.7yrs | AU$587.98k | 1.29% A$ 1.4m | |
Independent Non-Executive Chairman | 6.7yrs | AU$90.00k | 0.68% A$ 739.3k | |
Independent Non-Executive Director | 2.7yrs | AU$40.00k | 0.24% A$ 256.7k | |
Director | less than a year | no data | 8.48% A$ 9.3m |
2.7yrs
Average Tenure
Experienced Board: GI5's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.