Property For Industry Management

Management criteria checks 3/4

Property For Industry's CEO is Simon Woodhams, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is NZ$939.73K, comprised of 61.4% salary and 38.6% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth NZ$501.92K. The average tenure of the management team and the board of directors is 5.3 years and 3 years respectively.

Key information

Simon Woodhams

Chief executive officer

NZ$939.7k

Total compensation

CEO salary percentage	61.4%
CEO tenure	5.3yrs
CEO ownership	0.04%
Management average tenure	5.3yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simon Woodhams's remuneration changed compared to Property For Industry's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-NZ$98m
Sep 30 2023	n/a	n/a	-NZ$83m
Jun 30 2023	n/a	n/a	-NZ$68m
Mar 31 2023	n/a	n/a	-NZ$41m
Dec 31 2022	NZ$940k	NZ$577k	-NZ$14m
Sep 30 2022	n/a	n/a	NZ$95m
Jun 30 2022	n/a	n/a	NZ$203m
Mar 31 2022	n/a	n/a	NZ$328m
Dec 31 2021	NZ$908k	NZ$550k	NZ$453m
Sep 30 2021	n/a	n/a	NZ$412m
Jun 30 2021	n/a	n/a	NZ$371m
Mar 31 2021	n/a	n/a	NZ$242m
Dec 31 2020	NZ$808k	NZ$500k	NZ$113m
Sep 30 2020	n/a	n/a	NZ$129m
Jun 30 2020	n/a	n/a	NZ$146m
Mar 31 2020	n/a	n/a	NZ$161m
Dec 31 2019	NZ$721k	NZ$450k	NZ$176m
Sep 30 2019	n/a	n/a	NZ$152m
Jun 30 2019	n/a	n/a	NZ$127m
Mar 31 2019	n/a	n/a	NZ$119m
Dec 31 2018	NZ$541k	NZ$425k	NZ$110m
Sep 30 2018	n/a	n/a	NZ$98m
Jun 30 2018	n/a	n/a	NZ$87m
Mar 31 2018	n/a	n/a	NZ$69m
Dec 31 2017	NZ$268k	NZ$212k	NZ$52m

Compensation vs Market: Simon's total compensation ($USD558.87K) is below average for companies of similar size in the NZ market ($USD857.81K).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.

CEO

Simon Woodhams

5.3yrs

Tenure

NZ$939,732

Compensation

Mr. Simon Woodhams has been Chief Executive Officer of Property for Industry Ltd. since January 01, 2019. Mr. Woodhams was General Manager of Property for Industry Ltd.since July 2015 until January 2019....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Simon Woodhams	Chief Executive Officer	5.3yrs	NZ$939.73k	0.044% NZ$ 501.9k
Craig Peirce	Chief Finance & Operating Officer	5.3yrs	NZ$541.00k	0.033% NZ$ 378.4k
Cassandra Horne	Marketing & Communications Manager	1.1yrs	no data	no data
Sarah Beale	Head of Sustainability & Operations	2.3yrs	no data	0.00084% NZ$ 9.5k
Nathan Williams	Financial Controller	6.3yrs	no data	no data

5.3yrs

Average Tenure

Experienced Management: PFI's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dean Bracewell	Independent Chairman of the Board	4.4yrs	NZ$105.00k	0.0080% NZ$ 89.9k
Anthony Beverley	Independent Director	22.8yrs	NZ$170.00k	no data
Jeremy Simpson	Independent Director	less than a year	no data	0.0090% NZ$ 101.2k
Angela Bull	Independent Director	1.2yrs	NZ$82.00k	no data
Carolyn Steele	Independent Director	1.7yrs	NZ$36.00k	no data
David Thomson	Independent Director	6.2yrs	NZ$105.00k	no data

3.0yrs

Average Tenure

Experienced Board: PFI's board of directors are considered experienced (3 years average tenure).

Property For Industry Management

Management criteria checks 3/4

Key information

Recent management updates

Property For Industry Limited, Annual General Meeting, Apr 03, 2024

Chief Executive Officer recently sold NZ$50k worth of stock

Property For Industry Limited, Annual General Meeting, Mar 29, 2023

Independent Director recently bought NZ$54k worth of stock

Recent updates

Now 20% overvalued after recent price rise

Now 21% overvalued after recent price rise

Full year 2023 earnings: EPS and revenues miss analyst expectations

Dividend of NZ$0.026 announced

Property For Industry Limited, Annual General Meeting, Apr 03, 2024

Property For Industry Limited to Report Fiscal Year 2023 Results on Feb 26, 2024

An unknown buyer acquired 15 Artillery Place property in Richmond, Nelson from Property For Industry Limited (NZSE:PFI) for NZD 8.5 million.

Undisclosed buyer acquired 10c Stonedon Drive property in East Tamaki, Auckland from Property For Industry Limited (NZSE:PFI) for NZD 20.9 million.

First half 2023 earnings released: FFO per share: NZ$0.05 (vs NZ$0.051 in 1H 2022)

Property For Industry Limited to Report Q2, 2023 Results on Aug 22, 2023

Chief Executive Officer recently sold NZ$50k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

Property For Industry Limited, Annual General Meeting, Mar 29, 2023

Property For Industry Limited to Report Fiscal Year 2022 Results on Feb 20, 2023

An unknown existing tenant acquired 8A & 8B Canada Crescent properties in Christchurch from Property For Industry Limited (NZSE:PFI) for NZD 21 million.

Consensus forecasts updated

First half 2022 earnings released: EPS: NZ$0 (vs NZ$0.55 in 1H 2021)

Property for Industry Limited Approves Dividend, Payable on 7 September 2022

Property For Industry Limited (NZSE:PFI) announces an Equity Buyback for 25,173,940 shares, representing 5% for NZD 60 million.

Now 20% undervalued after recent price drop

Consensus forecasts updated

Independent Director recently bought NZ$54k worth of stock

Consensus EPS estimates increase by 15%

Property for Industry Limited Announces Final Dividend for the Year Ended December 31, 2021, Payable on March 9, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

First half 2021 earnings released: FFO NZ$0.054 per share (vs NZ$0.048 in 1H 2020)

Price target increased to NZ$2.68

Property for Industry Limited Expects to Declare Cash Dividends for the 2021

Property for Industry Limited Announces First Quarter Dividend

Analysts update estimates

Full year 2020 earnings released: EPS NZ$0.23 (vs NZ$0.35 in FY 2019)

Revenue and earnings beat expectations

New 90-day low: NZ$2.86

An unknown a private investor agreed to acquire Carlaw Park Property in Parnell, Auckland from Property For Industry Limited (NZSE:PFI) for approximately NZD 110 million.

New 90-day high: NZ$2.78

Property For Industry Limited (NZSE:PFI) agreed to acquire Industrial Estate located at 528-558 Rosebank Road in Avondale, Auckland. for NZD 65.6 million.

Property For Industry Limited to Report First Half, 2020 Results on Sep 04, 2020

Price target raised to NZ$2.41

First half earnings released

New 90-day high - NZ$2.67

An unknown buyer entered into an agreement to acquire an Industrial Property at 127 Waterloo Road in Christchurch from Property For Industry Limited (NZSE:PFI) for $4.41 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure