a2 Milk Management
Management criteria checks 1/4
a2 Milk's CEO is David Bortolussi, appointed in Feb 2021, has a tenure of 3.25 years. total yearly compensation is NZ$5.85M, comprised of 34.7% salary and 65.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NZ$5.19M. The average tenure of the management team and the board of directors is 2.5 years and 2.7 years respectively.
Key information
David Bortolussi
Chief executive officer
NZ$5.8m
Total compensation
| CEO salary percentage | 34.7% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Apr 16
Is a2 Milk (NZSE:ATM) Using Too Much Debt?
Mar 09The a2 Milk Company Limited's (NZSE:ATM) 28% Share Price Surge Not Quite Adding Up
Feb 07Some Confidence Is Lacking In The a2 Milk Company Limited's (NZSE:ATM) P/E
Dec 22a2 Milk (NZSE:ATM) Could Easily Take On More Debt
Dec 01We Discuss Why The a2 Milk Company Limited's (NZSE:ATM) CEO Compensation May Be Closely Reviewed
Nov 09a2 Milk (NZSE:ATM) Will Want To Turn Around Its Return Trends
Oct 31Is a2 Milk (NZSE:ATM) A Risky Investment?
Aug 23a2 Milk (NZSE:ATM) Could Be Struggling To Allocate Capital
Jul 28a2 Milk (NZSE:ATM) Seems To Use Debt Rather Sparingly
May 24Returns On Capital At a2 Milk (NZSE:ATM) Paint A Concerning Picture
Apr 25Is The a2 Milk Company Limited (NZSE:ATM) Trading At A 47% Discount?
Apr 07A Look At The Intrinsic Value Of The a2 Milk Company Limited (NZSE:ATM)
Jan 05The Returns On Capital At a2 Milk (NZSE:ATM) Don't Inspire Confidence
Dec 21Does a2 Milk (NZSE:ATM) Have A Healthy Balance Sheet?
Sep 25Calculating The Fair Value Of The a2 Milk Company Limited (NZSE:ATM)
Sep 11a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Aug 29We Think a2 Milk (NZSE:ATM) Can Stay On Top Of Its Debt
Jun 21Capital Allocation Trends At a2 Milk (NZSE:ATM) Aren't Ideal
May 15Does a2 Milk (NZSE:ATM) Have A Healthy Balance Sheet?
Feb 27a2 Milk's (NZSE:ATM) Returns On Capital Not Reflecting Well On The Business
Feb 09a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Nov 05We Like a2 Milk's (NZSE:ATM) Returns And Here's How They're Trending
Jul 29The Consensus EPS Estimates For The a2 Milk Company Limited (NZSE:ATM) Just Fell Dramatically
May 16a2 Milk (NZSE:ATM) Could Become A Multi-Bagger
Apr 28Did The a2 Milk Company Limited (NZSE:ATM) Insiders Sell Shares?
Mar 17Earnings Update: The a2 Milk Company Limited (NZSE:ATM) Just Reported And Analysts Are Trimming Their Forecasts
Feb 27The a2 Milk Company Limited's (NZSE:ATM) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Feb 12What Kind Of Investors Own Most Of The a2 Milk Company Limited (NZSE:ATM)?
Jan 30The 48% Return On Capital At a2 Milk (NZSE:ATM) Got Our Attention
Jan 17Is There More To The Story Than a2 Milk's (NZSE:ATM) Earnings Growth?
Jan 05Analysts Just Shaved Their The a2 Milk Company Limited (NZSE:ATM) Forecasts Dramatically
Dec 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | NZ$167m |
| Sep 30 2023 | n/a | n/a | NZ$161m |
| Jun 30 2023 | NZ$6m | NZ$2m | NZ$156m |
| Mar 31 2023 | n/a | n/a | NZ$146m |
| Dec 31 2022 | n/a | n/a | NZ$137m |
| Sep 30 2022 | n/a | n/a | NZ$130m |
| Jun 30 2022 | NZ$4m | NZ$2m | NZ$123m |
| Mar 31 2022 | n/a | n/a | NZ$71m |
| Dec 31 2021 | n/a | n/a | NZ$20m |
| Sep 30 2021 | n/a | n/a | NZ$50m |
| Jun 30 2021 | NZ$2m | NZ$744k | NZ$81m |
Compensation vs Market: David's total compensation ($USD3.50M) is above average for companies of similar size in the NZ market ($USD2.06M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
CEO
David Bortolussi (54 yo)
3.3yrs
Tenure
NZ$5,846,530
Compensation
Mr. David L. Bortolussi, BComm, FFin, FCA serves as Advisory Board Member at Whiteoak Pty Ltd. He served as Group President of Innerwear International at Hanesbrands Inc. since April 2019 until February 6,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.3yrs | NZ$5.85m | 0.11% NZ$ 5.2m | |
| Chief Financial Officer | 1.6yrs | no data | no data | |
| Group Head of Investor Relations & Sustainability | no data | no data | no data | |
| Chief Legal & Sustainability Officer and Company Secretary | 7.5yrs | no data | 0.014% NZ$ 642.6k | |
| Chief Marketing Officer | 2.4yrs | no data | no data | |
| Chief People & Culture Officer | 2.7yrs | no data | no data | |
| Chief Executive of Greater China | 5.1yrs | no data | 0.052% NZ$ 2.5m | |
| Managing Director of ANZ & Strategy | 3yrs | no data | 0.0063% NZ$ 299.2k | |
| Managing Director of USA | less than a year | no data | 0.017% NZ$ 800.8k | |
| Managing Director of International | no data | no data | no data | |
| Group Head of Finance - FP&A and Risk | 1.6yrs | no data | 0.0023% NZ$ 110.2k | |
| Chief Supply Chain Officer | 1.5yrs | no data | no data |
2.5yrs
Average Tenure
54yo
Average Age
Experienced Management: ATM's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.3yrs | NZ$5.85m | 0.11% NZ$ 5.2m | |
| Independent Non-Executive Director | 7.8yrs | NZ$216.50k | 0.014% NZ$ 656.9k | |
| Independent Non-Executive Director | 2.2yrs | NZ$198.00k | no data | |
| Independent Non-Executive Director | 1.7yrs | NZ$165.00k | no data | |
| Independent Non-Executive Chairman | 4.8yrs | NZ$203.50k | 0.0042% NZ$ 197.1k | |
| Independent Non-Executive Director | less than a year | NZ$15.13k | 0.00014% NZ$ 6.6k |
2.7yrs
Average Tenure
56yo
Average Age
Experienced Board: ATM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.