Meridian Energy Management
Management criteria checks 3/4
Meridian Energy's CEO is Neal Barclay, appointed in Jan 2018, has a tenure of 6.75 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 €1.78M. The average tenure of the management team and the board of directors is 4.9 years and 4 years respectively.
Key information
Neal Barclay
Chief executive officer
NZ$3.2m
Total compensation
CEO salary percentage | 42.4% |
CEO tenure | 6.8yrs |
CEO ownership | 0.02% |
Management average tenure | 4.9yrs |
Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | NZ$3m | NZ$1m | NZ$429m |
Mar 31 2024 | n/a | n/a | NZ$257m |
Dec 31 2023 | n/a | n/a | NZ$85m |
Sep 30 2023 | n/a | n/a | NZ$90m |
Jun 30 2023 | NZ$2m | NZ$1m | NZ$95m |
Mar 31 2023 | n/a | n/a | NZ$301m |
Dec 31 2022 | n/a | n/a | NZ$507m |
Sep 30 2022 | n/a | n/a | NZ$479m |
Jun 30 2022 | NZ$2m | NZ$1m | NZ$451m |
Dec 31 2021 | n/a | n/a | NZ$333m |
Sep 30 2021 | n/a | n/a | NZ$374m |
Jun 30 2021 | NZ$2m | NZ$1m | NZ$415m |
Mar 31 2021 | n/a | n/a | NZ$320m |
Dec 31 2020 | n/a | n/a | NZ$211m |
Sep 30 2020 | n/a | n/a | NZ$193m |
Jun 30 2020 | NZ$2m | NZ$1m | NZ$175m |
Mar 31 2020 | n/a | n/a | NZ$277m |
Dec 31 2019 | n/a | n/a | NZ$378m |
Sep 30 2019 | n/a | n/a | NZ$359m |
Jun 30 2019 | NZ$2m | NZ$974k | NZ$339m |
Mar 31 2019 | n/a | n/a | NZ$292m |
Dec 31 2018 | n/a | n/a | NZ$244m |
Sep 30 2018 | n/a | n/a | NZ$223m |
Jun 30 2018 | NZ$1m | NZ$475k | NZ$201m |
Compensation vs Market: Neal's total compensation ($USD1.99M) is below average for companies of similar size in the German market ($USD3.15M).
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 6.8yrs | NZ$3.25m | 0.020% NZ$ 1.8m | |
CFO and GM of Finance & Strategy | 5.5yrs | no data | 0.0098% NZ$ 854.4k | |
Chief Information Officer | 2.6yrs | no data | 0.00075% NZ$ 65.5k | |
Investor Relations Manager | no data | no data | no data | |
General Counsel & Company Secretary | 4.8yrs | no data | no data | |
Head of Communications | no data | no data | no data | |
Chief People Officer | 13.8yrs | no data | 0.0031% NZ$ 274.0k | |
General Manager of Corporate Affairs & Sustainability | 4.5yrs | no data | 0.00052% NZ$ 45.4k | |
Chief Customer Officer | 4.9yrs | no data | 0.00081% NZ$ 70.7k | |
Group Strategy Manager | no data | no data | no data | |
Portfolio Manager | no data | no data | no data |
4.9yrs
Average Tenure
Experienced Management: 15M1's management team is considered experienced (4.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Non-Executive Director | 2.3yrs | NZ$141.75k | 0.0015% NZ$ 133.5k | |
Independent Chairman of the Board | 7.6yrs | NZ$222.00k | 0.0020% NZ$ 171.1k | |
Independent Director | 3.2yrs | NZ$147.25k | 0.00028% NZ$ 24.4k | |
Independent Non-Executive Director | 1.3yrs | NZ$123.55k | 0.00069% NZ$ 60.2k | |
Independent Director | 5.1yrs | NZ$146.75k | 0.00033% NZ$ 28.8k | |
Independent Director | 5yrs | NZ$136.75k | 0.00028% NZ$ 24.4k | |
Independent Director | 4.8yrs | NZ$144.38k | 0.00034% NZ$ 29.7k | |
Director | 1.7yrs | no data | no data |
4.0yrs
Average Tenure
Experienced Board: 15M1's board of directors are considered experienced (4 years average tenure).