Steel & Tube Holdings Limited

NZSE:STU Stock Report

Market Cap: NZ$141.3m

Steel & Tube Holdings Management

Management criteria checks 3/4

Steel & Tube Holdings' CEO is Mark Malpass, appointed in Sep 2017, has a tenure of 7.17 years. total yearly compensation is NZ$1.57M, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth NZ$862.67K. The average tenure of the management team and the board of directors is 3.8 years and 5.3 years respectively.

Key information

Mark Malpass

Chief executive officer

NZ$1.6m

Total compensation

CEO salary percentage67.0%
CEO tenure7.2yrs
CEO ownership0.6%
Management average tenure3.8yrs
Board average tenure5.3yrs

Recent management updates

Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now

Sep 22
Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now

Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet

Sep 23
Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet

Recent updates

Some May Be Optimistic About Steel & Tube Holdings' (NZSE:STU) Earnings

Sep 02
Some May Be Optimistic About Steel & Tube Holdings' (NZSE:STU) Earnings

Steel & Tube Holdings' (NZSE:STU) Dividend Will Be Reduced To NZ$0.0235

Aug 29
Steel & Tube Holdings' (NZSE:STU) Dividend Will Be Reduced To NZ$0.0235

Steel & Tube Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 28
Steel & Tube Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jul 17
Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 27% Below Their Intrinsic Value Estimate

Fewer Investors Than Expected Jumping On Steel & Tube Holdings Limited (NZSE:STU)

Jun 20
Fewer Investors Than Expected Jumping On Steel & Tube Holdings Limited (NZSE:STU)

Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now

Sep 22
Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now

Steel & Tube Holdings (NZSE:STU) Is Paying Out Less In Dividends Than Last Year

Aug 28
Steel & Tube Holdings (NZSE:STU) Is Paying Out Less In Dividends Than Last Year

Steel & Tube Holdings' (NZSE:STU) Upcoming Dividend Will Be Larger Than Last Year's

Sep 07
Steel & Tube Holdings' (NZSE:STU) Upcoming Dividend Will Be Larger Than Last Year's

Steel & Tube Holdings (NZSE:STU) Is Increasing Its Dividend To NZ$0.0816

Aug 24
Steel & Tube Holdings (NZSE:STU) Is Increasing Its Dividend To NZ$0.0816

Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 32% Below Their Intrinsic Value Estimate

Jun 08
Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 32% Below Their Intrinsic Value Estimate

Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet

Sep 23
Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet

Steel & Tube Holdings' (NZSE:STU) Promising Earnings May Rest On Soft Foundations

Aug 30
Steel & Tube Holdings' (NZSE:STU) Promising Earnings May Rest On Soft Foundations

Is Steel & Tube Holdings (NZSE:STU) Using Debt Sensibly?

Nov 29
Is Steel & Tube Holdings (NZSE:STU) Using Debt Sensibly?

CEO Compensation Analysis

How has Mark Malpass's remuneration changed compared to Steel & Tube Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024NZ$2mNZ$1m

NZ$3m

Mar 31 2024n/an/a

NZ$7m

Dec 31 2023n/an/a

NZ$11m

Sep 30 2023n/an/a

NZ$14m

Jun 30 2023NZ$2mNZ$876k

NZ$17m

Mar 31 2023n/an/a

NZ$22m

Dec 31 2022n/an/a

NZ$28m

Sep 30 2022n/an/a

NZ$29m

Jun 30 2022NZ$1mNZ$795k

NZ$30m

Mar 31 2022n/an/a

NZ$28m

Dec 31 2021n/an/a

NZ$26m

Sep 30 2021n/an/a

NZ$21m

Jun 30 2021NZ$994kNZ$721k

NZ$15m

Mar 31 2021n/an/a

-NZ$2m

Dec 31 2020n/an/a

-NZ$19m

Sep 30 2020n/an/a

-NZ$39m

Jun 30 2020NZ$703kNZ$703k

-NZ$60m

Mar 31 2020n/an/a

-NZ$46m

Dec 31 2019n/an/a

-NZ$32m

Sep 30 2019n/an/a

-NZ$11m

Jun 30 2019NZ$700kNZ$700k

NZ$10m

Mar 31 2019n/an/a

-NZ$10m

Dec 31 2018n/an/a

-NZ$30m

Sep 30 2018n/an/a

-NZ$31m

Jun 30 2018NZ$733kNZ$587k

-NZ$32m

Compensation vs Market: Mark's total compensation ($USD923.95K) is above average for companies of similar size in the NZ market ($USD330.68K).

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


CEO

Mark Malpass

7.2yrs

Tenure

NZ$1,565,170

Compensation

Mr. Mark Roy Malpass, MBA, BE (Mech Hons), NZCE, served as Independent Director at Z Energy Limited since October 30, 2019 until May 10, 2022. He has been Chief Executive Officer of Steel & Tube Holdings L...


Leadership Team

NamePositionTenureCompensationOwnership
Mark Malpass
Chief Executive Officer7.2yrsNZ$1.57m0.61%
NZ$ 862.7k
Richard Smyth
Chief Financial Officer3.6yrsno data0.12%
NZ$ 167.3k
John Gordon
Legal Counsel3.8yrsno datano data
Anna Morris
General Manager of People & Culture5.8yrsno datano data
Raffaella del Prete
Chief Digital Officerless than a yearno datano data

3.8yrs

Average Tenure

Experienced Management: STU's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Susan Paterson
Independent Chairman7.8yrsNZ$165.00k0.16%
NZ$ 220.4k
Stephen Reindler
Independent Director7.3yrsNZ$97.50k0.068%
NZ$ 96.7k
Christopher Ellis
Independent Director7.2yrsNZ$102.50k0.012%
NZ$ 17.0k
John Beveridge
Independent Director5.3yrsNZ$87.50k0.012%
NZ$ 16.8k
Karen Jordan
Independent Director3.9yrsNZ$102.50k0.0060%
NZ$ 8.4k
Andrew Flavell
Independent Director3.1yrsNZ$87.50k0.00059%
NZ$ 833.5
Cherie Kerrison
Future Director1.7yrsno datano data

5.3yrs

Average Tenure

Experienced Board: STU's board of directors are considered experienced (5.3 years average tenure).