SEEK Management

Management criteria checks 3/4

SEEK's CEO is Ian Narev, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is A$4.94M, comprised of 37.9% salary and 62.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €7.79M. The average tenure of the management team and the board of directors is 5.1 years and 5.6 years respectively.

Key information

Ian Narev

Chief executive officer

AU$4.9m

Total compensation

CEO salary percentage	37.9%
CEO tenure	3.3yrs
CEO ownership	0.1%
Management average tenure	5.1yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ian Narev's remuneration changed compared to SEEK's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	AU$5m	AU$2m	-AU$60m
Dec 31 2023	n/a	n/a	AU$103m
Sep 30 2023	n/a	n/a	AU$153m
Jun 30 2023	AU$5m	AU$2m	AU$230m
Mar 31 2023	n/a	n/a	AU$240m
Dec 31 2022	n/a	n/a	AU$249m
Sep 30 2022	n/a	n/a	AU$245m
Jun 30 2022	AU$6m	AU$2m	AU$241m
Mar 31 2022	n/a	n/a	AU$211m
Dec 31 2021	n/a	n/a	AU$181m
Sep 30 2021	n/a	n/a	AU$143m
Jun 30 2021	AU$5m	AU$2m	AU$105m
Dec 31 2020	n/a	n/a	-AU$146m
Sep 30 2020	n/a	n/a	-AU$134m
Jun 30 2020	AU$5m	AU$2m	-AU$121m
Mar 31 2020	n/a	n/a	AU$22m
Dec 31 2019	n/a	n/a	AU$157m
Sep 30 2019	n/a	n/a	AU$168m
Jun 30 2019	AU$899k	AU$304k	AU$180m

Compensation vs Market: Ian's total compensation ($USD3.22M) is about average for companies of similar size in the German market ($USD3.63M).

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

CEO

Ian Narev (57 yo)

3.3yrs

Tenure

AU$4,936,842

Compensation

Mr. Ian Mark Narev, B.A., LL B (Hons) (Auck), LL M (cantab), LLM (NYU), serves as Chief Executive Officer and Executive Director at SEEK Limited since July 1, 2021 and has been its Managing Director since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ian Narev	CEO, MD & Executive Director	3.3yrs	AU$4.94m	0.13% € 7.8m
Andrew Bassat	Co-Founder & Non-Executive Director	27.8yrs	AU$168.00k	3.84% € 229.8m
Kendra Banks	Chief Financial Officer	less than a year	no data	no data
Ronnie Fink	Managing Director of Corporate Development	9.7yrs	no data	no data
Kathleen McCudden	Group Executive for People & Culture	8.5yrs	no data	no data
Tennealle O'Shannessy	Managing Director of Americas - AP & A	6.8yrs	no data	no data
Damien Wodak	Managing Director of Strategy & Portfolio Management	no data	no data	no data
Lisa Tobin	Group Executive for Technology	less than a year	no data	no data
Rachel Agnew	Company Secretary	3.3yrs	no data	no data

5.1yrs

Average Tenure

57yo

Average Age

Experienced Management: SLD's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ian Narev	CEO, MD & Executive Director	3.3yrs	AU$4.94m	0.13% € 7.8m
Andrew Bassat	Co-Founder & Non-Executive Director	27.2yrs	AU$168.00k	3.84% € 229.8m
Jamaludin Bin Ibrahim	Independent Non-Executive Director	1.3yrs	AU$186.45k	0.0017% € 104.2k
Linda Kristjanson	Independent Non-Executive Director	4.1yrs	AU$186.45k	0.0014% € 86.3k
Leigh Jasper	Independent Non-Executive Director	5.6yrs	AU$201.83k	0.019% € 1.1m
Vanessa Wallace	Independent Non-Executive Director	7.7yrs	AU$206.95k	0.0048% € 286.4k
Graham Goldsmith	Independent Non-Executive Chairman	12.1yrs	AU$448.65k	0.015% € 918.4k
Rachael Powell	Independent Non-Executive Director	less than a year	AU$71.06k	0.0011% € 67.1k
Michael Wachtel	Independent Non-Executive Director	6.2yrs	AU$209.00k	0.0022% € 134.8k

5.6yrs

Average Tenure

61yo

Average Age

Experienced Board: SLD's board of directors are considered experienced (5.6 years average tenure).

SEEK Management

Management criteria checks 3/4

Key information

Recent management updates

SEEK Limited, Annual General Meeting, Nov 19, 2024

Co-Founder & Non-Executive Director recently sold €3.1m worth of stock

SEEK Limited Announces Organisational and Executive Changes

MD, CEO & Executive Director recently sold €451k worth of stock

SEEK Limited Announces Cessation of Julie Fahey as Director

MD, CEO & Executive Director recently sold €2.8m worth of stock

Recent updates

SEEK Limited, Annual General Meeting, Nov 19, 2024

SEEK Limited (ASX:SEK) entered into Exclusivity Deed to acquire Xref Limited (ASX:XF1) for AUD 40 million.

Co-Founder & Non-Executive Director recently sold €3.1m worth of stock

Upcoming dividend of AU$0.16 per share

Full year 2024 earnings released: AU$0.17 loss per share (vs AU$0.57 profit in FY 2023)

SEEK Limited Declares Final Cash Dividend for the Year 2024, Payable on 3 October 2024

Now 22% undervalued after recent price drop

Red Arbor Holding S.L. completed the acquisition of unknown majority stake in Online Career Center México, S.A.P.I de C.V. and Catho Online Ltda. from SEEK Limited (ASX:SEK).

SEEK Limited to Report Fiscal Year 2024 Results on Aug 13, 2024

SEEK Limited Announces Organisational and Executive Changes

Now 20% overvalued

Upcoming dividend of AU$0.19 per share

Now 20% overvalued after recent price rise

MD, CEO & Executive Director recently sold €451k worth of stock

First half dividend of AU$0.19 announced

First half 2024 earnings released: EPS: AU$0.099 (vs AU$0.38 in 1H 2023)

New minor risk - Financial position

SEEK Limited to Report Q2, 2024 Results on Feb 13, 2024

SEEK Limited Announces Cessation of Julie Fahey as Director

MD, CEO & Executive Director recently sold €2.8m worth of stock

Seek Limited Announces Resignation of Julie Fahey from SEEK Board, Effective 15 November 2023

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.23 per share at 2.0% yield

Full year 2023 earnings released: EPS: AU$0.57 (vs AU$0.68 in FY 2022)

Full year 2023 earnings released: EPS: AU$0.57 (vs AU$0.68 in FY 2022)

Now 21% undervalued after recent price drop

SEEK Limited, Annual General Meeting, Nov 15, 2023

WorkGenius, Inc. acquired Lindentor 196. VV GmbH on August 8, 2023.

SEEK Limited to Report Fiscal Year 2023 Results on Aug 15, 2023

SEEK Limited Appoints Jamaludin Ibrahim as a Non-Executive Director, Effective 3 July 2023

Upcoming dividend of AU$0.24 per share at 1.8% yield

MD, CEO & Executive Director recently sold €659k worth of stock

First half 2023 earnings released: EPS: AU$0.38 (vs AU$0.36 in 1H 2022)

SEEK Limited to Report First Half, 2023 Results on Feb 21, 2023

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Independent Non-Executive Chairman recently bought €63k worth of stock

Upcoming dividend of AU$0.21 per share

Full year 2022 earnings released

SEEK Limited Provides Earnings Guidance for the Fiscal Year 2023

SEEK Limited, Annual General Meeting, Nov 17, 2022

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

Independent Non-Executive Director recently bought €74k worth of stock

Upcoming dividend of AU$0.23 per share

Now 20% undervalued after recent price drop

First half 2022 earnings: Revenues and EPS in line with analyst expectations

SEEK Limited Declares Ordinary Franked Dividend for the Six Months Ended December 31, 2021, Payable on April 7, 2022

Upcoming dividend of AU$0.20 per share

High number of new directors

Seek Limited Provides Earnings Guidance for the Fiscal Year 2022

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.32 loss in FY 2020)

SEEK Limited (ASX:SEK) completed the acquisition of 10% stake in JOBKOREA Corp. from Affinity Equity Partners.

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Company Secretary Lynne Jensen has left the company

Group Chief Financial Officer Geoffrey Roberts has left the company

SEEK Limited Declares Dividend, Payable on May 24, 2021