Meridian Energy Management
Management criteria checks 3/4
Meridian Energy's CEO is Neal Barclay, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is NZ$3.25M, comprised of 42.4% salary and 57.6% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth NZ$3.14M. The average tenure of the management team and the board of directors is 5 years and 4 years respectively.
Key information
Neal Barclay
Chief executive officer
NZ$3.2m
Total compensation
| CEO salary percentage | 42.4% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Analyst Forecasts Just Became More Bearish On Meridian Energy Limited (NZSE:MEL)
Oct 16
Meridian Energy (NZSE:MEL) Has A Pretty Healthy Balance Sheet
Oct 07Be Wary Of Meridian Energy (NZSE:MEL) And Its Returns On Capital
Aug 19Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 51% Above Its Share Price
Jul 12Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Jun 20The Returns On Capital At Meridian Energy (NZSE:MEL) Don't Inspire Confidence
May 21Some Shareholders Feeling Restless Over Meridian Energy Limited's (NZSE:MEL) P/S Ratio
May 03Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 02We Think Meridian Energy (NZSE:MEL) Is Taking Some Risk With Its Debt
Feb 29Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price
Jan 26Returns On Capital Signal Difficult Times Ahead For Meridian Energy (NZSE:MEL)
Jan 08Is Meridian Energy Limited (NZSE:MEL) Trading At A 37% Discount?
Dec 21Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Nov 04Here's Why Shareholders May Want To Be Cautious With Increasing Meridian Energy Limited's (NZSE:MEL) CEO Pay Packet
Oct 05Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 16With EPS Growth And More, Meridian Energy (NZSE:MEL) Makes An Interesting Case
Aug 18Investors Will Want Meridian Energy's (NZSE:MEL) Growth In ROCE To Persist
Jul 30Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 15Here's Why We Think Meridian Energy (NZSE:MEL) Is Well Worth Watching
May 19There's Been No Shortage Of Growth Recently For Meridian Energy's (NZSE:MEL) Returns On Capital
Apr 19Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Mar 09An Intrinsic Calculation For Meridian Energy Limited (NZSE:MEL) Suggests It's 29% Undervalued
Feb 24Should You Be Adding Meridian Energy (NZSE:MEL) To Your Watchlist Today?
Jan 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Dec 28Is There An Opportunity With Meridian Energy Limited's (NZSE:MEL) 44% Undervaluation?
Nov 21Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Nov 09Shareholders May Be More Conservative With Meridian Energy Limited's (NZSE:MEL) CEO Compensation For Now
Oct 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Sep 19Does Meridian Energy (NZSE:MEL) Deserve A Spot On Your Watchlist?
Aug 16Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Jun 06Here's Why I Think Meridian Energy (NZSE:MEL) Might Deserve Your Attention Today
May 10Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 50%?
Apr 08These 4 Measures Indicate That Meridian Energy (NZSE:MEL) Is Using Debt Reasonably Well
Mar 26Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Mar 02I Ran A Stock Scan For Earnings Growth And Meridian Energy (NZSE:MEL) Passed With Ease
Jan 15Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 97% Above Its Share Price
Dec 31Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Dec 18Meridian Energy (NZSE:MEL) Is Doing The Right Things To Multiply Its Share Price
Nov 19Meridian Energy (NZSE:MEL) Could Easily Take On More Debt
Sep 10With EPS Growth And More, Meridian Energy (NZSE:MEL) Is Interesting
Aug 29Meridian Energy's (NZSE:MEL) Returns Have Hit A Wall
Aug 16Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 49% Above Its Share Price
May 30The Returns At Meridian Energy (NZSE:MEL) Aren't Growing
May 16Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Apr 06Have Insiders Sold Meridian Energy Limited (NZSE:MEL) Shares Recently?
Mar 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | NZ$3m | NZ$1m | NZ$429m |
| Mar 31 2024 | n/a | n/a | NZ$257m |
| Dec 31 2023 | n/a | n/a | NZ$85m |
| Sep 30 2023 | n/a | n/a | NZ$90m |
| Jun 30 2023 | NZ$2m | NZ$1m | NZ$95m |
| Mar 31 2023 | n/a | n/a | NZ$301m |
| Dec 31 2022 | n/a | n/a | NZ$507m |
| Sep 30 2022 | n/a | n/a | NZ$479m |
| Jun 30 2022 | NZ$2m | NZ$1m | NZ$451m |
| Dec 31 2021 | n/a | n/a | NZ$333m |
| Sep 30 2021 | n/a | n/a | NZ$374m |
| Jun 30 2021 | NZ$2m | NZ$1m | NZ$415m |
| Mar 31 2021 | n/a | n/a | NZ$320m |
| Dec 31 2020 | n/a | n/a | NZ$211m |
| Sep 30 2020 | n/a | n/a | NZ$193m |
| Jun 30 2020 | NZ$2m | NZ$1m | NZ$175m |
| Mar 31 2020 | n/a | n/a | NZ$277m |
| Dec 31 2019 | n/a | n/a | NZ$378m |
| Sep 30 2019 | n/a | n/a | NZ$359m |
| Jun 30 2019 | NZ$2m | NZ$974k | NZ$339m |
| Mar 31 2019 | n/a | n/a | NZ$292m |
| Dec 31 2018 | n/a | n/a | NZ$244m |
| Sep 30 2018 | n/a | n/a | NZ$223m |
| Jun 30 2018 | NZ$1m | NZ$475k | NZ$201m |
Compensation vs Market: Neal's total compensation ($USD1.91M) is about average for companies of similar size in the NZ market ($USD2.07M).
Compensation vs Earnings: Neal's compensation has increased by more than 20% in the past year.
CEO
Neal Barclay
6.8yrs
Tenure
NZ$3,246,657
Compensation
Mr. Neal Barclay is Independent Director of Chorus Limited from August 26, 2024. He has been Chief Executive Officer of Meridian Energy Limited since January 1, 2018. Mr. Barclay served as General Manager...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.8yrs | NZ$3.25m | 0.020% NZ$ 3.1m | |
| CFO and GM of Finance & Strategy | 5.6yrs | no data | 0.0098% NZ$ 1.5m | |
| Chief Information Officer | 2.7yrs | no data | 0.00075% NZ$ 115.4k | |
| Investor Relations Manager | no data | no data | no data | |
| General Counsel & Company Secretary | 4.9yrs | no data | no data | |
| Head of Communications | no data | no data | no data | |
| Chief People Officer | 13.8yrs | no data | 0.0031% NZ$ 483.2k | |
| General Manager of Corporate Affairs & Sustainability | 4.6yrs | no data | 0.00052% NZ$ 80.0k | |
| Chief Customer Officer | 5yrs | no data | 0.00081% NZ$ 124.6k | |
| Group Strategy Manager | no data | no data | no data | |
| Portfolio Manager | no data | no data | no data |
5.0yrs
Average Tenure
Experienced Management: MEL's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 2.3yrs | NZ$141.75k | 0.0015% NZ$ 237.0k | |
| Independent Chairman of the Board | 7.7yrs | NZ$222.00k | 0.0020% NZ$ 301.6k | |
| Independent Director | 3.3yrs | NZ$147.25k | 0.00028% NZ$ 43.1k | |
| Independent Non-Executive Director | 1.3yrs | NZ$123.55k | 0.00069% NZ$ 106.2k | |
| Independent Director | 5.2yrs | NZ$146.75k | 0.00033% NZ$ 50.8k | |
| Independent Director | 5.1yrs | NZ$136.75k | 0.00028% NZ$ 43.1k | |
| Independent Director | 4.8yrs | NZ$144.38k | 0.00034% NZ$ 52.3k | |
| Director | 1.8yrs | no data | no data |
4.0yrs
Average Tenure
Experienced Board: MEL's board of directors are considered experienced (4 years average tenure).