Tower Limited

NZSE:TWR Stock Report

Market Cap: NZ$519.9m

Tower Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Blair Turnbull

Chief executive officer

NZ$681.6k

Total compensation

CEO salary percentage100.0%
CEO tenure4.4yrs
CEO ownershipn/a
Management average tenure3yrs
Board average tenure6yrs

Recent management updates

Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Feb 21
Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Recent updates

Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Jul 31
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Apr 16
Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Feb 21
Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Mar 03
Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Feb 17
Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Jan 24
Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 30
Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

Dec 09
Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

CEO Compensation Analysis

How has Blair Turnbull's remuneration changed compared to Tower's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024NZ$682kNZ$682k

NZ$71m

Mar 31 2024n/an/a

NZ$35m

Dec 31 2023n/an/a

NZ$19m

Sep 30 2023NZ$658kNZ$658k

NZ$3m

Jun 30 2023n/an/a

NZ$13m

Mar 31 2023n/an/a

NZ$15m

Dec 31 2022n/an/a

NZ$16m

Sep 30 2022NZ$650kNZ$650k

NZ$17m

Mar 31 2022n/an/a

NZ$10m

Dec 31 2021n/an/a

NZ$14m

Sep 30 2021NZ$650kNZ$650k

NZ$18m

Jun 30 2021n/an/a

NZ$12m

Mar 31 2021n/an/a

NZ$7m

Dec 31 2020n/an/a

NZ$9m

Sep 30 2020NZ$678kNZ$100k

NZ$11m

Compensation vs Market: Blair's total compensation ($USD383.40K) is below average for companies of similar size in the NZ market ($USD618.93K).

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

CEO

Blair Turnbull

4.4yrs

Tenure

NZ$681,575

Compensation

Mr. Blair McLaren Turnbull served as Chief Digital Officer at Aviva Plc since September 2019. He serves as the Chief Executive Officer at Tower Limited since August 1, 2020 and served as its Interim Execut...

Leadership Team

NamePositionTenureCompensationOwnership
Blair Turnbull
Chief Executive Officer4.4yrsNZ$681.58kno data
Paul Johnston
Chief Financial Officer3yrsno datano data
Andrew Hambleton
Chief Administrative Officer1.8yrsno datano data
James Silcock
Head of Strategyno datano datano data
Tania Pearson
General Counsel & Company Secretaryno datano datano data
Michelle Finch
Chief Revenue3yrsno datano data
Ronald Mudaliar
Chief Underwriting Officer5.4yrsno datano data
Emily Davies
Head of Corporate Affairs & Sustainabilityno datano datano data
Steven Wilson
Chief Claims Officer3.2yrsno datano data
Anna Kooperberg
Chief Customer Experience Officerless than a yearno datano data
Sharyn Reichstein
Chief Risk Officer1.5yrsno datano data
Liz Cawson
Acting Co Chief Data Digital Officerno datano datano data

3.0yrs

Average Tenure

Experienced Management: TWR's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Stiassny
Independent Non-Executive Chairman12.3yrsNZ$180.00k0.16%
NZ$ 856.1k
Geraldine McBride
Independent Non-Executive Director2.3yrsNZ$114.17k0.0014%
NZ$ 7.5k
Michael Cutter
Independent Non-Executive Director1.2yrsNZ$87.22k0.0092%
NZ$ 47.6k
Graham Stuart
Independent Non-Executive Director12.7yrsNZ$110.00k0.053%
NZ$ 277.4k
Rodney Reid
Director of National Pacific Insurance Limitedno dataNZ$4.31kno data
Alden Godinet
Director of National Pacific Insurance Limitedno dataNZ$4.31kno data
Marcus Nagel
Non-Executive & Non Independent Director6yrsNZ$100.00k0.000020%
NZ$ 104.0

6.0yrs

Average Tenure

63yo

Average Age

Experienced Board: TWR's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 08:40
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tower Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nigel PittawayCitigroup Inc
Andrew AdamsCredit Suisse
Lindsay JamesForsyth Barr Group Ltd.