Air New Zealand Limited

NZSE:AIR Stock Report

Mkt Cap: NZ$2.6b

Air New Zealand Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure

CEO

Greg Foran (61 yo)

3yrs

Tenure

NZ$3,609,050

Compensation

Mr. Gregory S. Foran, also known as Greg, has been the Chief Executive Officer at Air New Zealand Limited since February 3, 2020. Mr. Foran served as an Executive Vice President at Walmart Inc since August...

CEO Compensation Analysis

How has Greg Foran's remuneration changed compared to Air New Zealand's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022NZ$4mNZ$2m

-NZ$591m

Mar 31 2022n/an/a

-NZ$541m

Dec 31 2021n/an/a

-NZ$488m

Sep 30 2021n/an/a

-NZ$388m

Jun 30 2021NZ$4mNZ$2m

-NZ$292m

Mar 31 2021n/an/a

-NZ$460m

Dec 31 2020n/an/a

-NZ$628m

Sep 30 2020n/an/a

-NZ$541m

Jun 30 2020NZ$6mNZ$2m

-NZ$454m

Compensation vs Market: Greg's total compensation ($USD2.28M) is above average for companies of similar size in the NZ market ($USD1.53M).

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

Leadership Team

NamePositionTenureCompensationOwnership
Gregory Foran
Chief Executive Officer3yrsNZ$3.61m0.12%
NZ$ 3.2m
Richard Thomson
Chief Financial Officer1.92yrsno datano data
Alexandria Marren
Chief Operating Officer0.92yrno datano data
Leila Peters
General Manager of Corporate Financeno datano datano data
Kim Cootes
Head of Investor Relationsno datano datano data
Jennifer Page
General Counsel & Company Secretary3.83yrsno datano data
Leanne Geraghty
Chief Customer & Sales Officer2.33yrsno data0.0029%
NZ$ 78.0k
Nikki Dines
Chief People Officer2yrsno data0.000050%
NZ$ 1.3k
David Morgan
Chief Operational Integrity & Safety Officer10.08yrsno data0.014%
NZ$ 372.8k
Mathew Bolland
Chief Corporate Affairs Officer1.92yrsno datano data
Nikhil Ravishankar
Chief Digital Officer1.42yrsno datano data
Mike Williams
Chief Transformation & Alliances Officer1yrno data0.00086%
NZ$ 22.7k

2.0yrs

Average Tenure

Experienced Management: AIR's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Larry De Shon
Independent Non-Executive Director2.83yrsNZ$120.00k0.030%
NZ$ 786.9k
Dean Bracewell
Independent Non-Executive Director2.83yrsNZ$156.05k0.0037%
NZ$ 98.1k
Jonathan Mason
Independent Non-Executive Director8.92yrsNZ$183.58k0.0049%
NZ$ 128.8k
Claudia Batten
Independent Director1.33yrsNZ$82.74kno data
Alison Gerry
Independent Director1.33yrsNZ$119.11k0.0025%
NZ$ 66.4k
Paul Goulter
Independent Director1.33yrsNZ$86.67kno data
Therese Walsh
Independent Chairman6.75yrsNZ$284.01k0.015%
NZ$ 392.4k
Laurissa Cooney
Independent Non-Executive Director3.33yrsNZ$159.70k0.0043%
NZ$ 115.0k

2.8yrs

Average Tenure

62yo

Average Age

Experienced Board: AIR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.