Channel Infrastructure NZ Management

Management criteria checks 1/4

Channel Infrastructure NZ's CEO is Rob Buchanan, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is NZ$898.53K, comprised of 56.3% salary and 43.7% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth NZ$126.01K. The average tenure of the management team and the board of directors is 1.7 years and 1.8 years respectively.

Key information

Rob Buchanan

Chief executive officer

NZ$898.5k

Total compensation

CEO salary percentage	56.3%
CEO tenure	1.7yrs
CEO ownership	0.02%
Management average tenure	1.7yrs
Board average tenure	1.8yrs

Recent management updates

Recent updates

Is New Zealand Refining (NZSE:NZR) Using Too Much Debt?

Mar 30

NZ$1.09: That's What Analysts Think The New Zealand Refining Company Limited (NZSE:NZR) Is Worth After Its Latest Results

Feb 19

What Type Of Shareholders Make Up The New Zealand Refining Company Limited's (NZSE:NZR) Share Registry?

Feb 03

How Much Did New Zealand Refining's(NZSE:NZR) Shareholders Earn From Share Price Movements Over The Last Five Years?

Dec 10

CEO Compensation Analysis

How has Rob Buchanan's remuneration changed compared to Channel Infrastructure NZ's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	NZ$26m
Mar 31 2024	n/a	n/a	NZ$27m
Dec 31 2023	NZ$899k	NZ$506k	NZ$28m

Compensation vs Market: Rob's total compensation ($USD529.45K) is about average for companies of similar size in the NZ market ($USD593.81K).

Compensation vs Earnings: Insufficient data to compare Rob's compensation with company performance.

CEO

Rob Buchanan

1.7yrs

Tenure

NZ$898,528

Compensation

Mr. Robert Christian Buchanan, B.Com, M.Bus, also known as Rob, is Chief Executive Officer of Channel Infrastructure NZ Limited from March 06, 2023 and has joined Channel Infrastructure NZ Limited since Ja...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Buchanan	Chief Executive Officer	1.7yrs	NZ$898.53k	0.018% NZ$ 126.0k
Naomi James	Executive Officer	1.7yrs	NZ$2.29m	0.49% NZ$ 3.3m
Alexa Preston	Chief Financial Officer	1.1yrs	no data	no data
Jack Stewart	General Manager of Operations	4.1yrs	no data	0.046% NZ$ 314.1k
Chris Bougen	General Counsel & Company Secretary	4.4yrs	no data	no data

1.7yrs

Average Tenure

Experienced Management: CHI's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Zealand	Independent Director	8.3yrs	NZ$124.28k	0.023% NZ$ 156.6k
Vanessa Cynthia Stoddart	Independent Director	11.5yrs	NZ$115.00k	no data
Andrew Brewer	Director	less than a year	no data	no data
James Miller	Independent Chair	6yrs	NZ$186.78k	0.031% NZ$ 211.6k
Angela Bull	Director	less than a year	no data	no data
Anna Molloy	Independent Director	2.6yrs	NZ$125.00k	0.0066% NZ$ 45.0k
Andrew Holmes	Independent Director	2.6yrs	NZ$103.39k	no data
Felicity Underhill	Independent Director	less than a year	no data	no data
Karl Barkley	Director	less than a year	no data	no data
Daniel Reurich	Director	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Board: CHI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Channel Infrastructure NZ Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new directors

Channel Infrastructure NZ Limited, Annual General Meeting, Apr 30, 2024

Independent Chair recently bought NZ$130k worth of stock

Executive Officer exercised options and sold NZ$1.6m worth of stock

Chief Executive Officer recently bought NZ$100k worth of stock

Less than half of directors are independent

Recent updates

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Consensus EPS estimates fall by 24%

Price target increased by 7.2% to NZ$1.89

First half dividend of NZ$0.044 announced

First half 2024 earnings released: EPS: NZ$0.034 (vs NZ$0.038 in 1H 2023)

Channel Infrastructure NZ Limited to Report First Half, 2024 Results on Aug 23, 2024

Consensus EPS estimates fall by 13%

High number of new directors

New major risk - Revenue and earnings growth

Upcoming dividend of NZ$0.078 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Final dividend of NZ$0.078 announced

Consensus EPS estimates fall by 39%

Channel Infrastructure NZ Limited, Annual General Meeting, Apr 30, 2024

Channel Infrastructure NZ Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Price target increased by 9.4% to NZ$1.72

Independent Chair recently bought NZ$130k worth of stock

Consensus EPS estimates fall by 13%

Upcoming dividend of NZ$0.049 per share at 5.3% yield

First half 2023 earnings released: EPS: NZ$0.038 (vs NZ$0.015 in 1H 2022)

Channel Infrastructure NZ Limited Announces Distribution for the Six Months Ended June 30, 2023, Payable on September 20, 2023

Channel Infrastructure NZ Limited to Report First Half, 2023 Results on Aug 23, 2023

Executive Officer exercised options and sold NZ$1.6m worth of stock

Chief Executive Officer recently bought NZ$100k worth of stock

Upcoming dividend of NZ$0.082 per share at 3.4% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Channel Infrastructure NZ Limited to Report Fiscal Year 2022 Results on Feb 24, 2023

Less than half of directors are independent

Channel Infrastructure Provides FFI Green Hydrogen Scoping Study Update

First half 2022 earnings released: EPS: NZ$0.015 (vs NZ$0.004 loss in 1H 2021)

Price target increased to NZ$1.31

Price target increased to NZ$1.20

Channel Infrastructure NZ American Depositary Receipts to Be Deleted from Other OTC

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues exceed analyst expectations

The New Zealand Refining Company Limited, Annual General Meeting, May 10, 2022

The New Zealand Refining Company Limited to Report Fiscal Year 2021 Results on Feb 23, 2022

Refining NZ Announces CFO Changes to Channel Infrastructure

Consensus forecasts updated

Consensus forecasts updated

Less than half of directors are independent

First half 2021 earnings released: NZ$0.016 loss per share (vs NZ$0.60 loss in 1H 2020)

Consensus forecasts updated

Price target increased to NZ$1.08

Consensus forecasts updated

Is New Zealand Refining (NZSE:NZR) Using Too Much Debt?

The New Zealand Refining Company Limited, Annual General Meeting, Jun 29, 2021

New 90-day low: NZ$0.45

NZ$1.09: That's What Analysts Think The New Zealand Refining Company Limited (NZSE:NZR) Is Worth After Its Latest Results

Full year 2020 earnings released: NZ$0.64 loss per share (vs NZ$0.013 profit in FY 2019)

Revenue beats expectations, earnings disappoint

Analysts update estimates

The New Zealand Refining Company Limited to Report Fiscal Year 2020 Results on Feb 17, 2021

What Type Of Shareholders Make Up The New Zealand Refining Company Limited's (NZSE:NZR) Share Registry?

New 90-day low: NZ$0.46

New 90-day low: NZ$0.53

How Much Did New Zealand Refining's(NZSE:NZR) Shareholders Earn From Share Price Movements Over The Last Five Years?

New 90-day low: NZ$0.59

The New Zealand Refining Company Limited(NZSE:NZR) dropped from S&P Global BMI Index

New 90-day low - NZ$0.65

Analysts lower EPS estimates to -NZ$0.70

New 90-day low - NZ$0.66

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team