nib holdings Management

Management criteria checks 2/4

nib holdings' CEO is Mark Fitzgibbon, appointed in Feb 2002, has a tenure of 22.25 years. total yearly compensation is A$4.28M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth €12.07M. The average tenure of the management team and the board of directors is 3.9 years and 5 years respectively.

Key information

Mark Fitzgibbon

Chief executive officer

AU$4.3m

Total compensation

CEO salary percentage	27.3%
CEO tenure	22.3yrs
CEO ownership	0.6%
Management average tenure	3.9yrs
Board average tenure	5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Fitzgibbon's remuneration changed compared to nib holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	AU$215m
Sep 30 2023	n/a	n/a	AU$206m
Jun 30 2023	AU$4m	AU$1m	AU$198m
Mar 31 2023	n/a	n/a	AU$169m
Dec 31 2022	n/a	n/a	AU$144m
Sep 30 2022	n/a	n/a	AU$141m
Jun 30 2022	AU$3m	AU$1m	AU$137m
Mar 31 2022	n/a	n/a	AU$157m
Dec 31 2021	n/a	n/a	AU$178m
Sep 30 2021	n/a	n/a	AU$170m
Jun 30 2021	AU$3m	AU$1m	AU$161m
Mar 31 2021	n/a	n/a	AU$128m
Dec 31 2020	n/a	n/a	AU$96m
Sep 30 2020	n/a	n/a	AU$92m
Jun 30 2020	AU$3m	AU$1m	AU$88m
Mar 31 2020	n/a	n/a	AU$110m
Dec 31 2019	n/a	n/a	AU$133m
Sep 30 2019	n/a	n/a	AU$141m
Jun 30 2019	AU$4m	AU$1m	AU$150m
Mar 31 2019	n/a	n/a	AU$143m
Dec 31 2018	n/a	n/a	AU$136m
Sep 30 2018	n/a	n/a	AU$134m
Jun 30 2018	AU$4m	AU$1m	AU$132m
Mar 31 2018	n/a	n/a	AU$126m
Dec 31 2017	n/a	n/a	AU$119m
Sep 30 2017	n/a	n/a	AU$119m
Jun 30 2017	AU$3m	AU$977k	AU$120m

Compensation vs Market: Mark's total compensation ($USD2.79M) is above average for companies of similar size in the German market ($USD1.61M).

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

CEO

Mark Fitzgibbon (63 yo)

22.3yrs

Tenure

AU$4,283,656

Compensation

Mr. Mark Fitzgibbon, MBA( UTS ), MA( MGSM ), ALCA, FAICD has been the Chief Executive Officer of NIB Holdings Limited since October 2002 and has been its Managing Director since May 2007. He has been Execu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Fitzgibbon	MD, CEO & Executive Director	22.3yrs	AU$4.28m	0.56% A$ 12.1m
Nick Freeman	Group Chief Financial Officer	3.9yrs	AU$1.59m	0.016% A$ 346.4k
Brendan Mills	Group Chief Information Officer	11.9yrs	AU$1.12m	0.038% A$ 821.2k
Roslyn Toms	Chief Risk Officer	11.1yrs	AU$1.06m	0.018% A$ 395.3k
Lauren Daniels	Group Chief People Officer	1.8yrs	AU$593.21k	0.0017% A$ 35.5k
Edward Close	Chief Executive of Australian Residents Health Insurance	3.3yrs	AU$1.42m	0.014% A$ 299.2k
Martin Adlington	Chief Executive of nib Thrive	1.8yrs	AU$776.09k	0.0075% A$ 160.9k
James Barr	Chief Executive of International Visitors	3.6yrs	AU$784.50k	0.0045% A$ 96.4k
Rob Hennin	Chief Executive Officer of nib New Zealand & Travel (CEO NZ & Travel)	11yrs	AU$1.46m	0.074% A$ 1.6m
Amber Jackson	Head of Investor Relations	no data	no data	no data
Matthew Neat	Head of Corporate Affairs	no data	no data	no data
Renea Jaeger	Head of Corporate Relations	no data	no data	no data

3.9yrs

Average Tenure

Experienced Management: 3GU's management team is considered experienced (3.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Fitzgibbon	MD, CEO & Executive Director	17yrs	AU$4.28m	0.56% A$ 12.1m
Donal O'Dwyer	Independent Non-Executive Director	8.2yrs	AU$184.73k	0.0091% A$ 193.8k
David Gordon	Independent Non-Executive Chairman	4yrs	AU$336.70k	0.010% A$ 220.3k
Peter Harmer	Independent Non-Executive Director	2.8yrs	AU$190.55k	0.0040% A$ 85.0k
Jill Watts	Independent Non-Executive Director	less than a year	no data	0.0015% A$ 32.3k
Jacqueline Chow	Independent Non-Executive Director	6.1yrs	AU$247.80k	0.0052% A$ 110.3k
Anne Loveridge	Independent Non-Executive Director	7.3yrs	AU$253.54k	0.0072% A$ 154.3k
Brad Welsh	Independent Non-Executive Director	less than a year	no data	no data

5.0yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 3GU's board of directors are considered experienced (5 years average tenure).

nib holdings Management

Management criteria checks 2/4

Key information

Recent management updates

MD, CEO & Executive Director recently sold €347k worth of stock

nib holdings limited Announces Board Appointments

MD, CEO & Executive Director recently sold €325k worth of stock

nib holdings limited, Annual General Meeting, Nov 10, 2023

nib Holdings Limited Announces Executive Changes

nib holdings limited Appoints Martin Adlington as Chief Executive of nib Thrive

Recent updates

Upcoming dividend of AU$0.15 per share

First half dividend of AU$0.15 announced

First half 2024 earnings released: EPS: AU$0.22 (vs AU$0.19 in 1H 2023)

nib holdings limited to Report First Half, 2024 Results on Feb 26, 2024

nib holdings limited (ASX:NHF) acquired BudgetNet Pty Ltd.

MD, CEO & Executive Director recently sold €347k worth of stock

nib holdings limited completed the acquisition of Developing Links Pty Ltd.

Upcoming dividend of AU$0.15 per share at 3.7% yield

Full year 2023 earnings released: EPS: AU$0.41 (vs AU$0.30 in FY 2022)

nib holdings limited Declares A Final Dividend, Payable on 3 October 2023

nib holdings limited Announces Board Appointments

MD, CEO & Executive Director recently sold €325k worth of stock

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.13 per share at 3.0% yield

Now 28% undervalued after recent price drop

nib Holdings Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended December 31, 2022, Payable on April 3, 2023

Now 20% undervalued

nib holdings limited, Annual General Meeting, Nov 10, 2023

nib Holdings Limited Announces Executive Changes

nib holdings limited (ASX:NHF) completed the acquisition of Maple Plan Pty Ltd.

nib holdings limited Appoints Martin Adlington as Chief Executive of nib Thrive

Independent Non-Executive Director recently sold €111k worth of stock

MD, CEO & Executive Director recently sold €270k worth of stock

Independent Non-Executive Chairman recently bought €110k worth of stock

Upcoming dividend of AU$0.11 per share

Full year 2022 earnings released: EPS: AU$0.30 (vs AU$0.35 in FY 2021)

nib holdings limited Declares Final Dividend for the Period Ended June 30, 2022, Payable on October 4, 2022

nib holdings limited to Report Second Half, 2022 Results on Aug 22, 2022

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

nib holdings limited Declares Fully Franked Interim Dividend, Payable on April 4, 2022

nib holdings limited (ASX:NHF) acquired Midnight Health for AUD 4 million.

MD, CEO & Executive Director recently sold €217k worth of stock

MD, CEO & Executive Director recently sold €124k worth of stock

MD, CEO & Executive Director recently sold €230k worth of stock

Investor sentiment deteriorated over the past week

Upcoming dividend of AU$0.14 per share

Full year 2021 earnings released: EPS AU$0.35 (vs AU$0.19 in FY 2020)

Independent Non-Executive Chairman of the Board Steven Crane has left the company

Key Executive recently sold €586k worth of stock

MD, CEO & Executive Director recently sold €176k worth of stock

nib Holdings Limited Announces Earnings Guidance for the Fiscal Year 2021

First half 2021 earnings released: EPS AU$0.14 (vs AU$0.13 in 1H 2020)

Revenue misses expectations

nib holdings limited to Report First Half, 2021 Results on Feb 22, 2021

New 90-day high: €3.62

New 90-day high: €3.20

New 90-day high: €3.04

nib holdings limited Announces Retirement of Christine McLoughlin as a Director

nib holdings limited to Suspend its Earnings Guidance for the Fiscal 2021

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age