EROAD Management
Management criteria checks 0/4
EROAD's CEO is Mark Heine, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is NZ$1.10M, comprised of 65% salary and 35% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth NZ$598.25K. The average tenure of the management team and the board of directors is 0.8 years and 2.8 years respectively.
Key information
Mark Heine
Chief executive officer
NZ$1.1m
Total compensation
| CEO salary percentage | 65.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Lacklustre Performance Is Driving EROAD Limited's (NZSE:ERD) 28% Price Drop
Apr 17
Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)
Nov 08Returns On Capital Are Showing Encouraging Signs At EROAD (NZSE:ERD)
May 03EROAD Limited's (NZSE:ERD) Intrinsic Value Is Potentially 46% Above Its Share Price
Mar 30Does EROAD (NZSE:ERD) Have A Healthy Balance Sheet?
Jan 25Calculating The Fair Value Of EROAD Limited (NZSE:ERD)
Sep 14We Take A Look At Why EROAD Limited's (NZSE:ERD) CEO Compensation Is Well Earned
Jul 23Is It Time To Consider Buying EROAD Limited (NZSE:ERD)?
May 25A Look At The Fair Value Of EROAD Limited (NZSE:ERD)
Mar 23Is EROAD's (NZSE:ERD) 122% Share Price Increase Well Justified?
Feb 20How Does EROAD's (NZSE:ERD) CEO Pay Compare With Company Performance?
Jan 29
What Type Of Shareholders Own The Most Number of EROAD Limited (NZSE:ERD) Shares?
Jan 08Does EROAD's (NZSE:ERD) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 18Earnings Update: Here's Why Analysts Just Lifted Their EROAD Limited (NZSE:ERD) Price Target To NZ$5.32
Nov 27EROAD Limited's (NZSE:ERD) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -NZ$400k |
| Jun 30 2024 | n/a | n/a | -NZ$350k |
| Mar 31 2024 | NZ$1m | NZ$717k | -NZ$300k |
| Dec 31 2023 | n/a | n/a | -NZ$3m |
| Sep 30 2023 | n/a | n/a | -NZ$5m |
| Jun 30 2023 | n/a | n/a | -NZ$4m |
| Mar 31 2023 | NZ$883k | NZ$723k | -NZ$3m |
Compensation vs Market: Mark's total compensation ($USD627.56K) is above average for companies of similar size in the NZ market ($USD300.48K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Heine
less than a year
Tenure
NZ$1,103,247
Compensation
Mr. Mark Heine serves as an Executive Vice President and Company Secretary at EROAD Limited since April 08, 2022 and served as its CEO since April 08, 2022 until March 05, 2024 and serves as its CO-CEO sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO, Executive VP & Company Secretary | less than a year | NZ$1.10m | 0.30% NZ$ 598.2k | |
| Co-Chief Executive Officer | less than a year | NZ$57.00k | no data | |
| Interim Chief Financial Officer | no data | no data | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| General Counsel & Company Secretary | 2.8yrs | no data | no data | |
| Executive Vice President of Sales & Marketing | less than a year | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| President of Product & Strategy | no data | no data | no data | |
| Executive Officer | no data | NZ$391.04k | 0.063% NZ$ 127.3k | |
| Chief Transformation Officer | 1.9yrs | no data | no data | |
| Chief Sustainability Officer & Executive VP of Mixed Fleets | no data | no data | no data |
0.8yrs
Average Tenure
Experienced Management: ERD's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair | 5.8yrs | NZ$138.93k | 0.090% NZ$ 180.9k | |
| Independent Non-Executive Director | less than a year | NZ$1.73k | no data | |
| Independent Director | 2.8yrs | NZ$170.54k | 0.19% NZ$ 385.7k | |
| Independent Non-Executive Director | 5yrs | NZ$180.58k | 0.039% NZ$ 78.9k | |
| Independent Director | 1.4yrs | NZ$64.99k | 0.091% NZ$ 183.6k |
2.8yrs
Average Tenure
Experienced Board: ERD's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/27 07:50 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
EROAD Limited is covered by 4 analysts. 3 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 |
|---|---|
| Owen Humphries | Canaccord Genuity |
| Wassim Kisirwani | Credit Suisse |
| Guy Edward Hooper | Jarden Limited |