Megaport Management
Management criteria checks 3/4
Megaport's CEO is Michael Reid, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is A$1.52M, comprised of 69.5% salary and 30.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €1.06M. The average tenure of the management team and the board of directors is 1.3 years and 3.5 years respectively.
Key information
Michael Reid
Chief executive officer
AU$1.5m
Total compensation
| CEO salary percentage | 69.5% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$1m | AU$10m |
| Mar 31 2024 | n/a | n/a | AU$9m |
| Dec 31 2023 | n/a | n/a | AU$8m |
| Sep 30 2023 | n/a | n/a | -AU$810k |
| Jun 30 2023 | AU$1m | AU$133k | -AU$10m |
Compensation vs Market: Michael's total compensation ($USD965.64K) is below average for companies of similar size in the German market ($USD1.41M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Reid
1.6yrs
Tenure
AU$1,524,450
Compensation
Mr. Michael Reid served as Chief Revenue Officer for ThousandEyes of Cisco. He serves as Chief Executive Officer and Executive Director of Megaport Limited since May 15, 2023. Mr. Reid brings industry expe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.6yrs | AU$1.52m | 0.14% € 1.1m | |
| Chief Financial Officer | 1.8yrs | AU$4.19m | 0.010% € 79.8k | |
| Chief Operating Officer | 6.3yrs | no data | no data | |
| Chief Technology Officer | 8.3yrs | no data | no data | |
| Chief Legal Officer | 1.9yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Executive Vice President of Terraforming Americas | no data | no data | no data | |
| Principal Engineer | no data | no data | no data | |
| Executive VP | less than a year | no data | no data | |
| Executive Vice President of NAM & Global Alliances | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data | |
| Executive Vice President of GTM Transformation | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: 92J's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.6yrs | AU$1.52m | 0.14% € 1.1m | |
| Independent Non-Executive Director | 5.8yrs | AU$211.46k | 0.014% € 104.6k | |
| Non-Executive Director | 3.8yrs | AU$184.81k | 0.0025% € 19.1k | |
| Non-Executive Chairman of the Board | 3.5yrs | AU$197.17k | 0.011% € 85.6k | |
| Non-Executive Director | 3.4yrs | AU$199.81k | 0.0025% € 19.1k |
3.5yrs
Average Tenure
Experienced Board: 92J's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 04:17 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Megaport Limited is covered by 22 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Eric Choi | Barrenjoey Markets Pty Limited |