Steel & Tube Holdings Management
Management criteria checks 2/4
Steel & Tube Holdings' CEO is Mark Malpass, appointed in Sep 2017, has a tenure of 6.58 years. total yearly compensation is NZ$2.01M, comprised of 43.6% salary and 56.4% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth NZ$915.88K. The average tenure of the management team and the board of directors is 3.3 years and 4.7 years respectively.
Key information
Mark Malpass
Chief executive officer
NZ$2.0m
Total compensation
| CEO salary percentage | 43.6% |
| CEO tenure | 6.6yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Increases to Steel & Tube Holdings Limited's (NZSE:STU) CEO Compensation Might Cool off for now
Sep 22
Here's Why Shareholders May Want To Be Cautious With Increasing Steel & Tube Holdings Limited's (NZSE:STU) CEO Pay Packet
Sep 23Recent updates
Increases 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 |
|---|---|---|---|
| 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 |
| Mar 31 2018 | n/a | n/a | -NZ$9m |
| Dec 31 2017 | n/a | n/a | NZ$13m |
| Sep 30 2017 | n/a | n/a | NZ$17m |
| Jun 30 2017 | NZ$21k | n/a | NZ$20m |
Compensation vs Market: Mark's total compensation ($USD1.19M) is above average for companies of similar size in the NZ market ($USD396.01K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Malpass
6.6yrs
Tenure
NZ$2,006,692
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 | 6.6yrs | NZ$2.01m | 0.54% NZ$ 924.9k | |
| Chief Financial Officer | 3yrs | no data | 0.098% NZ$ 168.2k | |
| Legal Counsel | 3.3yrs | no data | no data | |
| General Manager of People & Culture | 5.3yrs | no data | no data | |
| Chief Digital Officer | less than a year | no data | no data |
3.3yrs
Average Tenure
Experienced Management: STU's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 7.3yrs | NZ$165.00k | 0.16% NZ$ 270.3k | |
| Independent Director | 6.7yrs | NZ$97.50k | 0.069% NZ$ 118.6k | |
| Independent Director | 6.6yrs | NZ$102.50k | 0.0060% NZ$ 10.3k | |
| Independent Director | 4.7yrs | NZ$87.50k | 0.012% NZ$ 20.6k | |
| Independent Director | 3.3yrs | NZ$102.50k | 0.0060% NZ$ 10.3k | |
| Independent Director | 2.5yrs | NZ$87.50k | 0.00060% NZ$ 1.0k | |
| Future Director | 1.1yrs | no data | no data |
4.7yrs
Average Tenure
Experienced Board: STU's board of directors are considered experienced (4.7 years average tenure).