Develop Global Management
Management criteria checks 2/4
Develop Global's CEO is Bill Beament, appointed in Jul 2021, has a tenure of 3.17 years. total yearly compensation is A$1.51M, comprised of 16.3% salary and 83.7% bonuses, including company stock and options. directly owns 19.56% of the company’s shares, worth €79.24M. The average tenure of the management team and the board of directors is 1.7 years and 3.2 years respectively.
Key information
Bill Beament
Chief executive officer
AU$1.5m
Total compensation
CEO salary percentage | 16.3% |
CEO tenure | 3.2yrs |
CEO ownership | 19.6% |
Management average tenure | 1.7yrs |
Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | -AU$12m |
Mar 31 2024 | n/a | n/a | -AU$14m |
Dec 31 2023 | n/a | n/a | -AU$15m |
Sep 30 2023 | n/a | n/a | -AU$17m |
Jun 30 2023 | AU$2m | AU$246k | -AU$18m |
Mar 31 2023 | n/a | n/a | -AU$13m |
Dec 31 2022 | n/a | n/a | -AU$9m |
Sep 30 2022 | n/a | n/a | -AU$9m |
Jun 30 2022 | AU$288k | AU$249k | -AU$9m |
Compensation vs Market: Bill's total compensation ($USD1.05M) is about average for companies of similar size in the German market ($USD1.30M).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Beament (49 yo)
3.2yrs
Tenure
AU$1,512,084
Compensation
Mr. William James Beament, also known as Bill, B.Eng-Mining (Hons), MAICD, serves as Director of Essential Metals Limited since November 6, 2023. He serves as Managing Director at Develop Global Limited (f...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 3.2yrs | AU$1.51m | 19.56% A$ 79.2m | |
Chief Financial Officer | 1.7yrs | AU$571.66k | no data | |
General Counsel & Company Secretary | 1.3yrs | no data | no data | |
Chief External Affairs Officer | 1.7yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: IHB1's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD & Director | 3.2yrs | AU$1.51m | 19.56% A$ 79.2m | |
Independent Non-Executive Chairman | 3.3yrs | AU$110.50k | 0.56% A$ 2.3m | |
Non-Executive Director | 1.3yrs | AU$20.63k | no data | |
Independent Non-Executive Director | 3.2yrs | AU$66.30k | 0.030% A$ 121.8k |
3.2yrs
Average Tenure
66yo
Average Age
Experienced Board: IHB1's board of directors are considered experienced (3.2 years average tenure).