ikeGPS Group Management
Management criteria checks 1/4
ikeGPS Group's CEO is Glenn Milnes, appointed in Jan 2013, has a tenure of 11.25 years. total yearly compensation is NZ$1.33M, comprised of 76.7% salary and 23.3% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth NZ$367.78K. The average tenure of the management team and the board of directors is 0.8 years and 4.3 years respectively.
Key information
Glenn Milnes
Chief executive officer
NZ$1.3m
Total compensation
| CEO salary percentage | 76.7% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
ikeGPS Group Limited (NZSE:IKE) Not Flying Under The Radar
Nov 20
It's Unlikely That ikeGPS Group Limited's (NZSE:IKE) CEO Will See A Huge Pay Rise This Year
Sep 22Here's Why We're Not Too Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Situation
May 03We're Not Very Worried About ikeGPS Group's (NZSE:IKE) Cash Burn Rate
Jan 14ikeGPS Group (NZSE:IKE) Is In A Good Position To Deliver On Growth Plans
May 05Calculating The Intrinsic Value Of ikeGPS Group Limited (NZSE:IKE)
Mar 31Is ikeGPS Group's (NZSE:IKE) Share Price Gain Of 183% Well Earned?
Feb 21
Need To Know: ikeGPS Group Limited (NZSE:IKE) Insiders Have Been Buying Shares
Jan 23Is ikeGPS Group Limited (NZSE:IKE) Popular Amongst Insiders?
Dec 27How Much Is ikeGPS Group Limited (NZSE:IKE) Paying Its CEO?
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -NZ$16m |
| Jun 30 2023 | n/a | n/a | -NZ$12m |
| Mar 31 2023 | NZ$1m | NZ$1m | -NZ$8m |
| Dec 31 2022 | n/a | n/a | -NZ$4m |
| Sep 30 2022 | n/a | n/a | -NZ$534k |
| Jun 30 2022 | n/a | n/a | -NZ$4m |
| Mar 31 2022 | NZ$1m | NZ$836k | -NZ$8m |
| Dec 31 2021 | n/a | n/a | -NZ$9m |
| Sep 30 2021 | n/a | n/a | -NZ$11m |
| Jun 30 2021 | n/a | n/a | -NZ$9m |
| Mar 31 2021 | NZ$988k | NZ$824k | -NZ$7m |
| Dec 31 2020 | n/a | n/a | -NZ$7m |
| Sep 30 2020 | n/a | n/a | -NZ$7m |
| Jun 30 2020 | n/a | n/a | -NZ$7m |
| Mar 31 2020 | NZ$794k | NZ$794k | -NZ$6m |
| Dec 31 2019 | n/a | n/a | -NZ$5m |
| Sep 30 2019 | n/a | n/a | -NZ$4m |
| Jun 30 2019 | n/a | n/a | -NZ$5m |
| Mar 31 2019 | NZ$658k | NZ$658k | -NZ$5m |
| Dec 31 2018 | n/a | n/a | -NZ$5m |
| Sep 30 2018 | n/a | n/a | -NZ$5m |
| Jun 30 2018 | n/a | n/a | -NZ$6m |
| Mar 31 2018 | NZ$626k | NZ$626k | -NZ$7m |
Compensation vs Market: Glenn's total compensation ($USD791.00K) is above average for companies of similar size in the NZ market ($USD396.01K).
Compensation vs Earnings: Glenn's compensation has increased whilst the company is unprofitable.
CEO
Glenn Milnes
11.3yrs
Tenure
NZ$1,330,068
Compensation
Mr. Glenn Milnes, MBA (Dist.), BSc (Hons), B PhD, serves as the Chief Executive Officer since 2013 and Managing Director of ikeGPS Group Limited. Mr. Milnes serves as an Investment Director at No 8 Venture...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 11.3yrs | NZ$1.33m | 0.54% NZ$ 367.8k | |
| Founder & CTO | no data | NZ$384.60k | no data | |
| Chief Finance Officer | less than a year | no data | no data | |
| Director of Operations | 2.6yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Head of People | no data | no data | no data | |
| Senior VP of Product & Sales | no data | no data | no data | |
| Senior VP of Structural Analysis & Head of PoleForeman | no data | no data | 1.19% NZ$ 809.4k | |
| Head of Engineering | no data | no data | no data | |
| Senior Vice President of Sales & Business Development | no data | no data | no data | |
| Senior Vice President of Product Management | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: IKE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | NZ$1.33m | 0.54% NZ$ 367.8k | |
| Independent Non-Executive Director | 9.8yrs | NZ$121.07k | 0.32% NZ$ 215.1k | |
| Independent Non-Executive Director | 4.3yrs | NZ$85.72k | 0.11% NZ$ 74.2k | |
| Independent Director | 10.3yrs | NZ$95.57k | 0.19% NZ$ 131.3k | |
| Non-Executive Chairman | 2.5yrs | NZ$136.67k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
4.3yrs
Average Tenure
70yo
Average Age
Experienced Board: IKE's board of directors are considered experienced (4.3 years average tenure).