Contact Energy Management
Management criteria checks 4/4
Contact Energy's CEO is Mike Fuge, appointed in Feb 2020, has a tenure of 4.17 years. total yearly compensation is NZ$2.13M, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth NZ$689.50K. The average tenure of the management team and the board of directors is 4.2 years and 5.4 years respectively.
Key information
Mike Fuge
Chief executive officer
NZ$2.1m
Total compensation
| CEO salary percentage | 56.2% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
The Price Is Right For Contact Energy Limited (NZSE:CEN)
Dec 19
Slowing Rates Of Return At Contact Energy (NZSE:CEN) Leave Little Room For Excitement
Nov 28Here's Why We Think Contact Energy Limited's (NZSE:CEN) CEO Compensation Looks Fair
Nov 08Contact Energy's (NZSE:CEN) Dividend Will Be NZ$0.2418
Sep 06Contact Energy (NZSE:CEN) Has Announced A Dividend Of NZ$0.2418
Aug 19These 4 Measures Indicate That Contact Energy (NZSE:CEN) Is Using Debt Extensively
Aug 15Here's What's Concerning About Contact Energy's (NZSE:CEN) Returns On Capital
Jul 06Here's Why Contact Energy (NZSE:CEN) Has A Meaningful Debt Burden
Apr 26Some Investors May Be Worried About Contact Energy's (NZSE:CEN) Returns On Capital
Mar 17Contact Energy (NZSE:CEN) Will Pay A Larger Dividend Than Last Year At NZ$0.1612
Feb 17Return Trends At Contact Energy (NZSE:CEN) Aren't Appealing
Nov 11Is Contact Energy (NZSE:CEN) Using Too Much Debt?
Sep 29Contact Energy (NZSE:CEN) Seems To Use Debt Rather Sparingly
May 18Contact Energy Limited (NZSE:CEN) Shares Could Be 44% Below Their Intrinsic Value Estimate
May 02There's Been No Shortage Of Growth Recently For Contact Energy's (NZSE:CEN) Returns On Capital
Mar 25Contact Energy (NZSE:CEN) Will Pay A Larger Dividend Than Last Year At NZ$0.16
Feb 16I Ran A Stock Scan For Earnings Growth And Contact Energy (NZSE:CEN) Passed With Ease
Feb 07Is Contact Energy Limited (NZSE:CEN) Trading At A 43% Discount?
Jan 17Contact Energy (NZSE:CEN) Seems To Use Debt Rather Sparingly
Dec 25Contact Energy (NZSE:CEN) Has Some Way To Go To Become A Multi-Bagger
Sep 27Contact Energy (NZSE:CEN) Has A Rock Solid Balance Sheet
Sep 08Contact Energy (NZSE:CEN) Has Announced That Its Dividend Will Be Reduced To NZ$0.23
Aug 18Are Investors Undervaluing Contact Energy Limited (NZSE:CEN) By 37%?
Aug 05Here's Why We Think Contact Energy (NZSE:CEN) Is Well Worth Watching
Jul 14Is Contact Energy Limited (NZSE:CEN) Trading At A 27% Discount?
Apr 30With EPS Growth And More, Contact Energy (NZSE:CEN) Is Interesting
Apr 12Why It Might Not Make Sense To Buy Contact Energy Limited (NZSE:CEN) For Its Upcoming Dividend
Mar 07We Think You Should Be Aware Of Some Concerning Factors In Contact Energy's (NZSE:CEN) Earnings
Feb 22Contact Energy Limited Just Beat Revenue Estimates By 7.6%
Feb 16
Contact Energy (NZSE:CEN) Has A Pretty Healthy Balance Sheet
Feb 15Contact Energy Limited (NZSE:CEN) Insiders Have Been Selling
Jan 29Investors In Contact Energy Limited (NZSE:CEN) Should Consider This, First
Jan 16Do Institutions Own Contact Energy Limited (NZSE:CEN) Shares?
Jan 01Does This Valuation Of Contact Energy Limited (NZSE:CEN) Imply Investors Are Overpaying?
Dec 17Contact Energy (NZSE:CEN) Has Gifted Shareholders With A Fantastic 133% Total Return On Their Investment
Dec 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | NZ$287m |
| Sep 30 2023 | n/a | n/a | NZ$207m |
| Jun 30 2023 | NZ$2m | NZ$1m | NZ$127m |
| Mar 31 2023 | n/a | n/a | NZ$84m |
| Dec 31 2022 | n/a | n/a | NZ$41m |
| Sep 30 2022 | n/a | n/a | NZ$112m |
| Jun 30 2022 | NZ$2m | NZ$1m | NZ$182m |
| Mar 31 2022 | n/a | n/a | NZ$213m |
| Dec 31 2021 | n/a | n/a | NZ$243m |
| Sep 30 2021 | n/a | n/a | NZ$215m |
| Jun 30 2021 | NZ$2m | NZ$1m | NZ$187m |
| Mar 31 2021 | n/a | n/a | NZ$166m |
| Dec 31 2020 | n/a | n/a | NZ$144m |
| Sep 30 2020 | n/a | n/a | NZ$135m |
| Jun 30 2020 | NZ$1m | NZ$376k | NZ$125m |
Compensation vs Market: Mike's total compensation ($USD1.26M) is below average for companies of similar size in the NZ market ($USD2.03M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Fuge
4.2yrs
Tenure
NZ$2,127,215
Compensation
Mr. Michael Fuge, also known as Mike, M. Com. (Hons), B.Eng. (Hons), MIPENZ, serves as Chief Executive Officer of Contact Energy Limited since February 24, 2020. He served as Chief Executive Officer at The...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.2yrs | NZ$2.13m | 0.010% NZ$ 689.5k | |
| Chief Financial Officer | 5.3yrs | no data | 0.0051% NZ$ 346.8k | |
| General Manager of Corporate Finance | no data | no data | no data | |
| Chief Information Officer | 3yrs | no data | no data | |
| Investor Relations & Strategy Manager | no data | no data | no data | |
| General Counsel & Company Secretary | no data | no data | no data | |
| Head of Communications & Reputation | no data | no data | no data | |
| Chief People Experience Officer | 4.4yrs | no data | no data | |
| Chief Development Officer | 3.8yrs | no data | no data | |
| Chief Retail Officer | 3.1yrs | no data | no data | |
| Chief Digital Officer | 4.2yrs | no data | no data | |
| Chief Generation Officer | no data | no data | no data |
4.2yrs
Average Tenure
Experienced Management: CEN's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman | 8.4yrs | NZ$300.00k | no data | |
| Independent Director | 2.6yrs | NZ$219.65k | 0.0026% NZ$ 173.1k | |
| Independent Non-Executive Director | 7.5yrs | NZ$180.04k | 0.0030% NZ$ 204.3k | |
| Independent Non-Executive Director | 5.4yrs | NZ$178.84k | 0.0033% NZ$ 222.6k | |
| Independent Director | 3.1yrs | NZ$180.03k | 0.00016% NZ$ 10.9k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.5yrs | NZ$175.54k | 0.0029% NZ$ 194.8k |
5.4yrs
Average Tenure
Experienced Board: CEN's board of directors are considered experienced (5.4 years average tenure).