Steel & Tube Holdings Management
Management criteria checks 3/4
Steel & Tube Holdings' CEO is Mark Malpass, appointed in Sep 2017, has a tenure of 7.25 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$842.13K. The average tenure of the management team and the board of directors is 3.9 years and 5.3 years respectively.
Key information
Mark Malpass
Chief executive officer
NZ$1.6m
Total compensation
| CEO salary percentage | 67.0% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.9yrs |
| Board average tenure | 5.3yrs |
Recent management updates
We Think Shareholders May Want To Consider A Review Of Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Package
Nov 21
Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now
Sep 22Recent updates
We Think Shareholders May Want To Consider A Review Of Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Package
Nov 21Some May Be Optimistic About Steel & Tube Holdings' (NZSE:STU) Earnings
Sep 02Steel & Tube Holdings' (NZSE:STU) Dividend Will Be Reduced To NZ$0.0235
Aug 29Steel & Tube Holdings Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 28Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jul 17Fewer Investors Than Expected Jumping On Steel & Tube Holdings Limited (NZSE:STU)
Jun 20Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now
Sep 22Steel & Tube Holdings (NZSE:STU) Is Paying Out Less In Dividends Than Last Year
Aug 28Steel & Tube Holdings' (NZSE:STU) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07Steel & Tube Holdings (NZSE:STU) Is Increasing Its Dividend To NZ$0.0816
Aug 24Steel & Tube Holdings Limited (NZSE:STU) Shares Could Be 32% Below Their Intrinsic Value Estimate
Jun 08Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet
Sep 23Steel & Tube Holdings' (NZSE:STU) Promising Earnings May Rest On Soft Foundations
Aug 30Is Steel & Tube Holdings (NZSE:STU) Using Debt Sensibly?
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | NZ$2m | NZ$1m | NZ$3m |
| Mar 31 2024 | n/a | n/a | NZ$7m |
| Dec 31 2023 | n/a | n/a | NZ$11m |
| Sep 30 2023 | n/a | n/a | NZ$14m |
| Jun 30 2023 | NZ$2m | NZ$876k | NZ$17m |
| Mar 31 2023 | n/a | n/a | NZ$22m |
| Dec 31 2022 | n/a | n/a | NZ$28m |
| Sep 30 2022 | n/a | n/a | NZ$29m |
| Jun 30 2022 | NZ$1m | NZ$795k | NZ$30m |
| Mar 31 2022 | n/a | n/a | NZ$28m |
| Dec 31 2021 | n/a | n/a | NZ$26m |
| Sep 30 2021 | n/a | n/a | NZ$21m |
| Jun 30 2021 | NZ$994k | NZ$721k | NZ$15m |
| Mar 31 2021 | n/a | n/a | -NZ$2m |
| Dec 31 2020 | n/a | n/a | -NZ$19m |
| Sep 30 2020 | n/a | n/a | -NZ$39m |
| Jun 30 2020 | NZ$703k | NZ$703k | -NZ$60m |
| Mar 31 2020 | n/a | n/a | -NZ$46m |
| Dec 31 2019 | n/a | n/a | -NZ$32m |
| Sep 30 2019 | n/a | n/a | -NZ$11m |
| Jun 30 2019 | NZ$700k | NZ$700k | NZ$10m |
| Mar 31 2019 | n/a | n/a | -NZ$10m |
| Dec 31 2018 | n/a | n/a | -NZ$30m |
| Sep 30 2018 | n/a | n/a | -NZ$31m |
| Jun 30 2018 | NZ$733k | NZ$587k | -NZ$32m |
Compensation vs Market: Mark's total compensation ($USD885.83K) is above average for companies of similar size in the NZ market ($USD296.02K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Malpass
7.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 7.3yrs | NZ$1.57m | 0.61% NZ$ 842.1k | |
| Chief Financial Officer | 3.7yrs | no data | 0.12% NZ$ 163.3k | |
| Legal Counsel | 3.9yrs | no data | no data | |
| General Manager of People & Culture | 5.9yrs | no data | no data | |
| Chief Digital Officer | less than a year | no data | no data |
3.9yrs
Average Tenure
Experienced Management: STU's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 7.9yrs | NZ$165.00k | 0.16% NZ$ 215.2k | |
| Independent Director | 7.3yrs | NZ$97.50k | 0.068% NZ$ 94.4k | |
| Independent Director | 7.3yrs | NZ$102.50k | 0.012% NZ$ 16.6k | |
| Independent Director | 5.3yrs | NZ$87.50k | 0.012% NZ$ 16.4k | |
| Independent Director | 4yrs | NZ$102.50k | 0.0060% NZ$ 8.2k | |
| Independent Director | 3.2yrs | NZ$87.50k | 0.00059% NZ$ 813.7 | |
| Future Director | 1.8yrs | no data | no data |
5.3yrs
Average Tenure
Experienced Board: STU's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Steel & Tube Holdings Limited is covered by 10 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.
| Analyst | Institution |
|---|---|
| Adam Indikt | Credit Suisse |
| Christopher Byrne | Deutsche Bank |
| Rohan Koreman-Smit | Forsyth Barr Group Ltd. |