Meridian Energy Limited

DB:15M1 Stock Report

Market Cap: €8.6b

Meridian Energy Management

Management criteria checks 3/4

Meridian Energy's CEO is Neal Barclay, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is NZ$3.25M, comprised of 42.4% salary and 57.6% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth €1.75M. The average tenure of the management team and the board of directors is 5 years and 4 years respectively.

Key information

Neal Barclay

Chief executive officer

NZ$3.2m

Total compensation

CEO salary percentage42.4%
CEO tenure6.8yrs
CEO ownership0.02%
Management average tenure5yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neal Barclay's remuneration changed compared to Meridian Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024NZ$3mNZ$1m

NZ$429m

Mar 31 2024n/an/a

NZ$257m

Dec 31 2023n/an/a

NZ$85m

Sep 30 2023n/an/a

NZ$90m

Jun 30 2023NZ$2mNZ$1m

NZ$95m

Mar 31 2023n/an/a

NZ$301m

Dec 31 2022n/an/a

NZ$507m

Sep 30 2022n/an/a

NZ$479m

Jun 30 2022NZ$2mNZ$1m

NZ$451m

Dec 31 2021n/an/a

NZ$333m

Sep 30 2021n/an/a

NZ$374m

Jun 30 2021NZ$2mNZ$1m

NZ$415m

Mar 31 2021n/an/a

NZ$320m

Dec 31 2020n/an/a

NZ$211m

Sep 30 2020n/an/a

NZ$193m

Jun 30 2020NZ$2mNZ$1m

NZ$175m

Mar 31 2020n/an/a

NZ$277m

Dec 31 2019n/an/a

NZ$378m

Sep 30 2019n/an/a

NZ$359m

Jun 30 2019NZ$2mNZ$974k

NZ$339m

Mar 31 2019n/an/a

NZ$292m

Dec 31 2018n/an/a

NZ$244m

Sep 30 2018n/an/a

NZ$223m

Jun 30 2018NZ$1mNZ$475k

NZ$201m

Compensation vs Market: Neal's total compensation ($USD1.89M) is below average for companies of similar size in the German market ($USD3.58M).

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

CEO

Neal Barclay

6.8yrs

Tenure

NZ$3,246,657

Compensation

Mr. Neal Barclay is Independent Director of Chorus Limited from August 26, 2024. He has been Chief Executive Officer of Meridian Energy Limited since January 1, 2018. Mr. Barclay served as General Manager...

Leadership Team

NamePositionTenureCompensationOwnership
Neal Barclay
Chief Executive Officer6.8yrsNZ$3.25m0.020%
€ 1.7m
Mike Roan
CFO and GM of Finance & Strategy5.6yrsno data0.0098%
€ 840.6k
Bharat Ratanpal
Chief Information Officer2.7yrsno data0.00075%
€ 64.3k
Owen Hackston
Investor Relations Managerno datano datano data
Jason Woolley
General Counsel & Company Secretary4.9yrsno datano data
Philip Clark
Head of Communicationsno datano datano data
Jason Stein
Chief People Officer13.8yrsno data0.0031%
€ 269.3k
Claire Shaw
General Manager of Corporate Affairs & Sustainability4.6yrsno data0.00052%
€ 44.6k
Lisa Hannifin
Chief Customer Officer5yrsno data0.00081%
€ 69.5k
Rory Blundell
Group Strategy Managerno datano datano data
Grant Telfar
Portfolio Managerno datano datano data

5.0yrs

Average Tenure

Experienced Management: 15M1's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Graham John Cockroft
Independent Non-Executive Director2.3yrsNZ$141.75k0.0015%
€ 132.1k
Mark Verbiest
Independent Chairman of the Board7.7yrsNZ$222.00k0.0020%
€ 168.1k
Tania Joy Te Simpson
Independent Director3.3yrsNZ$147.25k0.00028%
€ 24.0k
David Carter
Independent Non-Executive Director1.3yrsNZ$123.55k0.00069%
€ 59.2k
Julia Hoare
Independent Director5.2yrsNZ$146.75k0.00033%
€ 28.3k
Michelle Henderson
Independent Director5.1yrsNZ$136.75k0.00028%
€ 24.0k
Nagaja Sanatkumar
Independent Director4.8yrsNZ$144.38k0.00034%
€ 29.2k
Benjamin Bateman
Director1.8yrsno datano data

4.0yrs

Average Tenure

Experienced Board: 15M1's board of directors are considered experienced (4 years average tenure).