Codan Management
Management criteria checks 2/4
Codan's CEO is Alf Ianniello, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is A$1.49M, comprised of 65.2% salary and 34.8% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth €1.01M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.
Key information
Alf Ianniello
Chief executive officer
AU$1.5m
Total compensation
| CEO salary percentage | 65.2% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.06% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$1m | AU$973k | AU$81m |
| Mar 31 2024 | n/a | n/a | AU$78m |
| Dec 31 2023 | n/a | n/a | AU$75m |
| Sep 30 2023 | n/a | n/a | AU$71m |
| Jun 30 2023 | AU$1m | AU$987k | AU$68m |
| Mar 31 2023 | n/a | n/a | AU$75m |
| Dec 31 2022 | n/a | n/a | AU$82m |
| Sep 30 2022 | n/a | n/a | AU$91m |
| Jun 30 2022 | AU$1m | AU$519k | AU$101m |
Compensation vs Market: Alf's total compensation ($USD972.41K) is below average for companies of similar size in the German market ($USD1.63M).
Compensation vs Earnings: Alf's compensation has increased by more than 20% in the past year.
CEO
Alf Ianniello (51 yo)
2.8yrs
Tenure
AU$1,492,838
Compensation
Mr. Alfonso Ianniello, also known as Alf, Wharton GCP, GradCertMgmt, BEng(Electronics), serves as Managing Director, Director and Chief Executive Officer at Codan Limited since January 4, 2022. He began as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.8yrs | AU$1.49m | 0.056% € 1.0m | |
| President & Executive GM of Tactical Communications | no data | AU$1.28m | 0.057% € 1.0m | |
| President & Executive GM of Minelab | 1.1yrs | AU$1.05m | 0.00077% € 13.8k | |
| President & Executive General Manager of Zetron | 5.8yrs | AU$1.34m | 0.033% € 597.2k | |
| CFO & Company Secretary | 16.5yrs | AU$524.16k | 0.073% € 1.3m | |
| Manager of Investor Relations | no data | no data | no data | |
| General Counsel & Joint Company Secretary | 2.2yrs | no data | no data | |
| Executive General Manager of Strategy | 1.3yrs | no data | no data | |
| Chief Human Resource Officer | 1.8yrs | no data | no data |
2.2yrs
Average Tenure
Experienced Management: UL4's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.8yrs | AU$1.49m | 0.056% € 1.0m | |
| Independent Non-Executive Director | 9yrs | AU$116.42k | 0.015% € 276.4k | |
| Independent Non-Executive Chairman | 9.8yrs | AU$150.50k | 0.068% € 1.2m | |
| Independent Non-Executive Director | 1.7yrs | AU$106.72k | 0.011% € 192.5k | |
| Independent Non-Executive Director | 1.8yrs | AU$106.72k | 0.0072% € 128.4k |
2.8yrs
Average Tenure
Experienced Board: UL4's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.