AoFrio Management

Management criteria checks 4/4

AoFrio's CEO is Greg Balla, appointed in May 2021, has a tenure of 2.92 years. total yearly compensation is NZ$496.36K, comprised of 97.8% salary and 2.2% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth NZ$29.50K. The average tenure of the management team and the board of directors is 3.5 years and 4.3 years respectively.

Key information

Greg Balla

Chief executive officer

NZ$496.4k

Total compensation

CEO salary percentage97.8%
CEO tenure2.9yrs
CEO ownership0.1%
Management average tenure3.5yrs
Board average tenure4.3yrs

Recent management updates

Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Mar 04
Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

Nov 19
Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

Recent updates

Market Cool On AoFrio Limited's (NZSE:AOF) Revenues Pushing Shares 26% Lower

Mar 04
Market Cool On AoFrio Limited's (NZSE:AOF) Revenues Pushing Shares 26% Lower

There's No Escaping AoFrio Limited's (NZSE:AOF) Muted Earnings Despite A 26% Share Price Rise

Jan 17
There's No Escaping AoFrio Limited's (NZSE:AOF) Muted Earnings Despite A 26% Share Price Rise

Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

Dec 08
Would AoFrio (NZSE:AOF) Be Better Off With Less Debt?

Is AoFrio (NZSE:AOF) Using Too Much Debt?

Sep 05
Is AoFrio (NZSE:AOF) Using Too Much Debt?

Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

May 16
Does AoFrio (NZSE:AOF) Have A Healthy Balance Sheet?

It's Down 29% But AoFrio Limited (NZSE:AOF) Could Be Riskier Than It Looks

Mar 23
It's Down 29% But AoFrio Limited (NZSE:AOF) Could Be Riskier Than It Looks

Wellington Drive Technologies (NZSE:WDT) Is Experiencing Growth In Returns On Capital

Apr 28
Wellington Drive Technologies (NZSE:WDT) Is Experiencing Growth In Returns On Capital

Wellington Drive Technologies' (NZSE:WDT) Earnings Are Of Questionable Quality

Mar 04
Wellington Drive Technologies' (NZSE:WDT) Earnings Are Of Questionable Quality

Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Mar 04
Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

Nov 19
Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

Nov 19
John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

CEO Compensation Analysis

How has Greg Balla's remuneration changed compared to AoFrio's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-NZ$4m

Sep 30 2023n/an/a

-NZ$540k

Jun 30 2023n/an/a

NZ$2m

Mar 31 2023n/an/a

NZ$3m

Dec 31 2022NZ$496kNZ$485k

NZ$3m

Sep 30 2022n/an/a

NZ$3m

Jun 30 2022n/an/a

NZ$3m

Mar 31 2022n/an/a

NZ$4m

Dec 31 2021NZ$539kNZ$214k

NZ$5m

Compensation vs Market: Greg's total compensation ($USD295.19K) is about average for companies of similar size in the NZ market ($USD396.01K).

Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.


CEO

Greg Balla (58 yo)

2.9yrs

Tenure

NZ$496,359

Compensation

Mr. Greg Balla is the Chief Executive Officer of AoFrio Limited (formerly known as Wellington Drive Technologies Limited) since May 2021. He served as an Executive Vice President of People, Business Transf...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Balla
Chief Executive Officer2.9yrsNZ$496.36k0.12%
NZ$ 29.5k
Howard Milliner
CFO & Company Secretary11.4yrsno data0.82%
NZ$ 208.7k
Marc Tinsel
Executive Vice President of Operations5.3yrsno datano data
Paul Gillard
General Counselno datano datano data
Angela Lewis
Chief People Officerno datano datano data
David Burden
Chief Business Development Officer - Emerging Markets2.3yrsno datano data
Beatriz Mibach
Global Head of Products & V of Global Product Management4.2yrsno datano data
James Rice
Chief Revenue Officerno datano datano data
Genevieve Clark
Vice President of Productno datano data0.015%
NZ$ 3.8k
Rami Elbeltagi
Vice President of Engineering1.5yrsno data0.050%
NZ$ 12.8k

3.5yrs

Average Tenure

Experienced Management: AOF's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Melissa Clark-Reynolds
Independent Directorless than a yearNZ$18.17k0.00058%
NZ$ 147.8
John McMahon
Independent Non-Executive Director9.5yrsNZ$55.00k4.44%
NZ$ 1.1m
Greg Allen
Director3.5yrsNZ$55.00k1.74%
NZ$ 442.1k
Keith Oliver
Independent Non-Executive Director5.1yrsNZ$55.00kno data
John Scott
Independent Chairman5.2yrsNZ$68.67k0.50%
NZ$ 126.8k
Rosalind Buick
Independent Directorless than a yearno datano data

4.3yrs

Average Tenure

Experienced Board: AOF's board of directors are considered experienced (4.3 years average tenure).


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