My Food Bag Group Management
Management criteria checks 2/4
My Food Bag Group's CEO is Mark Winter, appointed in Oct 2022, has a tenure of 1.75 years. total yearly compensation is NZ$639.20K, comprised of 81.4% salary and 18.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth NZ$52.87K. The average tenure of the management team and the board of directors is 1.8 years and 3.5 years respectively.
Key information
Mark Winter
Chief executive officer
NZ$639.2k
Total compensation
| CEO salary percentage | 81.4% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Calculating The Fair Value Of My Food Bag Group Limited (NZSE:MFB)
Jul 25
Here's What To Make Of My Food Bag Group's (NZSE:MFB) Decelerating Rates Of Return
Jul 03Market Might Still Lack Some Conviction On My Food Bag Group Limited (NZSE:MFB) Even After 26% Share Price Boost
Jun 05Some Investors May Be Worried About My Food Bag Group's (NZSE:MFB) Returns On Capital
Feb 15Investors Still Aren't Entirely Convinced By My Food Bag Group Limited's (NZSE:MFB) Earnings Despite 27% Price Jump
Dec 31Investors Will Want My Food Bag Group's (NZSE:MFB) Growth In ROCE To Persist
Oct 30The Return Trends At My Food Bag Group (NZSE:MFB) Look Promising
Jul 05My Food Bag Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 23We Like My Food Bag Group's (NZSE:MFB) Returns And Here's How They're Trending
Apr 11My Food Bag Group's (NZSE:MFB) Conservative Accounting Might Explain Soft Earnings
Nov 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | NZ$639k | NZ$520k | NZ$6m |
| Dec 31 2023 | n/a | n/a | NZ$5m |
| Sep 30 2023 | n/a | n/a | NZ$4m |
| Jun 30 2023 | n/a | n/a | NZ$6m |
| Mar 31 2023 | NZ$256k | NZ$249k | NZ$8m |
Compensation vs Market: Mark's total compensation ($USD378.83K) is about average for companies of similar size in the NZ market ($USD359.55K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Winter
1.8yrs
Tenure
NZ$639,200
Compensation
Mr. Mark Winter is Chief Executive Officer of My Food Bag Group Limited from November 11, 2022. He served as Interim Chief Executive Officer of My Food Bag Group Limited since October 14, 2022 until Novemb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.8yrs | NZ$639.20k | 0.14% NZ$ 52.9k | |
| Interim CFO & Financial Controller | less than a year | no data | 0.0052% NZ$ 2.0k | |
| Head of People & Culture | no data | no data | no data | |
| Chief Digital & Growth Officer | no data | no data | no data | |
| Chief Supply Chain Officer | 2.3yrs | no data | no data | |
| Head of Innovation | no data | no data | no data | |
| Head of Development Kitchen | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: MFB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 1.7yrs | NZ$85.00k | 0.11% NZ$ 44.2k | |
| Independent Chair | 3.5yrs | NZ$140.00k | 0.15% NZ$ 56.6k | |
| Non-Executive Director | 1.9yrs | NZ$85.00k | 7.82% NZ$ 3.0m | |
| Independent Non-Executive Director | 3.5yrs | NZ$85.00k | 0.011% NZ$ 4.2k | |
| Independent Non-Executive Director | 3.5yrs | NZ$85.00k | 0.0044% NZ$ 1.7k |
3.5yrs
Average Tenure
Experienced Board: MFB's board of directors are considered experienced (3.5 years average tenure).