Manawa Energy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Clayton Delmarter

Chief executive officer

NZ$310.4k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.2yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	2.7yrs

Recent management updates

Recent updates

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Sep 13

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

May 22

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

May 21

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Jul 03

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

Feb 18

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Jan 31

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

Nov 11

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

May 22

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

May 17

Trustpower Limited's (NZSE:TPW) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Feb 09

Trustpower Limited (NZSE:TPW) Investors Should Think About This Before Buying It For Its Dividend

Jan 26

Did You Participate In Any Of Trustpower's (NZSE:TPW) Respectable 75% Return?

Jan 12

These 4 Measures Indicate That Trustpower (NZSE:TPW) Is Using Debt Reasonably Well

Dec 30

Calculating The Fair Value Of Trustpower Limited (NZSE:TPW)

Dec 17

Are Trustpower's (NZSE:TPW) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 04

Don't Race Out To Buy Trustpower Limited (NZSE:TPW) Just Because It's Going Ex-Dividend

Nov 21

CEO Compensation Analysis

How has Clayton Delmarter's remuneration changed compared to Manawa Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-NZ$36m
Jun 30 2024	n/a	n/a	-NZ$6m
Mar 31 2024	NZ$310k	NZ$310k	NZ$23m

Compensation vs Market: Clayton's total compensation ($USD180.96K) is below average for companies of similar size in the NZ market ($USD544.37K).

Compensation vs Earnings: Insufficient data to compare Clayton's compensation with company performance.

CEO

Clayton Delmarter

1.2yrs

Tenure

NZ$310,408

Compensation

Mr. Clayton Delmarter, BSc(Tech), GDipBus(Fin) served as Interim Chief Executive Officer at Manawa Energy Limited since September 11, 2023 until February 7, 2024 and serves as its Chief Executive Officer s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Clayton Delmarter	Chief Executive Officer	1.2yrs	NZ$310.41k	no data
Philip Wiltshire	Chief Financial Officer	less than a year	no data	no data
Deborah Sinclair	General Manager of People & Culture	less than a year	no data	no data
Jim Pearson	Acting General Manager of Environment & Stakeholder Relations	less than a year	no data	no data
Catherine Thompson	Company Secretary	no data	no data	no data

0.8yrs

Average Tenure

Experienced Management: MNW's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Phillippa Harford	Non-Independent Director	1.3yrs	NZ$73.10k	no data
Deion Campbell	Non-Independent Chairman	2.3yrs	NZ$159.41k	no data
Sheridan Broadbent	Independent Director	3.2yrs	NZ$119.97k	0.00090% NZ$ 15.0k
Joanna Breare	Independent Director	3.2yrs	NZ$116.79k	no data
Joe Windmeyer	Non-Independent Director	1.3yrs	NZ$69.89k	no data
Michael Smith	Non-Independent Director	3yrs	NZ$100.00k	no data

2.7yrs

Average Tenure

Experienced Board: MNW's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Manawa Energy Management

Management criteria checks 1/4

Key information

Recent management updates

Manawa Energy Limited, Annual General Meeting, Sep 17, 2024

Manawa Energy Limited Appoints Clayton Delmarter as Chief Executive Officer

Manawa Energy Announces CEO Changes

High number of new and inexperienced directors

Manawa Energy Limited, Annual General Meeting, Jul 27, 2023

Insider recently bought NZ$52k worth of stock

Recent updates

First half dividend of NZ$0.047 announced

First half 2025 earnings released: NZ$0.016 loss per share (vs NZ$0.17 profit in 1H 2024)

Manawa Energy Limited to Report First Half, 2025 Results on Nov 08, 2024

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Manawa Energy Limited (NZSE:MNW) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Contact Energy Limited (NZSE:CEN) entered into a Scheme Implementation Agreement to acquire to acquire Manawa Energy Limited (NZSE:MNW) from Renew Nominees Limited, Infratil Investments Limited, Infratil Energy New Zealand Limited and Tauranga Energy Consumer Trust and others For NZD 1.8 billion.

Investor sentiment improves as stock rises 34%

Consensus EPS estimates fall by 22%, revenue upgraded

Manawa Energy Limited, Annual General Meeting, Sep 17, 2024

Consensus revenue estimates increase by 11%, EPS downgraded

Manawa Energy's (NZSE:MNW) Upcoming Dividend Will Be Larger Than Last Year's

Final dividend of NZ$0.13 announced

Here's Why Manawa Energy (NZSE:MNW) Can Manage Its Debt Responsibly

Full year 2024 earnings released: EPS: NZ$0.075 (vs NZ$0.31 in FY 2023)

Manawa Energy Limited to Report Fiscal Year 2024 Results on May 20, 2024

Manawa Energy Limited Appoints Clayton Delmarter as Chief Executive Officer

Consensus EPS estimates increase by 13%, revenue downgraded

Upcoming dividend of NZ$0.094 per share at 3.5% yield

First half 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.13 in 1H 2023)

New major risk - Revenue and earnings growth

Manawa Energy Limited to Report First Half, 2024 Results on Nov 13, 2023

Manawa Energy Announces CEO Changes

High number of new and inexperienced directors

These 4 Measures Indicate That Manawa Energy (NZSE:MNW) Is Using Debt Extensively

Upcoming dividend of NZ$0.10 per share at 3.3% yield

Consensus EPS estimates fall by 19%, revenue upgraded

Manawa Energy Limited Approves Final Dividend for the Financial Year Ended 31 March 2023, Payable on 16 June 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Manawa Energy Limited, Annual General Meeting, Jul 27, 2023

Manawa Energy Limited's (NZSE:MNW) Intrinsic Value Is Potentially 67% Above Its Share Price

We Think Manawa Energy (NZSE:MNW) Is Taking Some Risk With Its Debt

Insider recently bought NZ$52k worth of stock

Insider recently sold NZ$80k worth of stock

Upcoming dividend of NZ$0.088 per share

Price target decreased to NZ$6.07

Consensus revenue estimates fall by 10%

Downgrade: Here's How Analysts See Manawa Energy Limited (NZSE:MNW) Performing In The Near Term

First half 2023 earnings released: EPS: NZ$0.13 (vs NZ$0.35 in 1H 2022)

Manawa Energy Limited to Report Q2, 2023 Results on Nov 09, 2022

Consensus forecasts updated

Manawa Energy Limited(NZSE:MNW) dropped from S&P Global BMI Index

Insider recently bought NZ$76k worth of stock

Manawa Energy Ordinary Shares to Be Deleted from OTC Equity

Manawa Energy Limited, Annual General Meeting, Aug 12, 2022

Upcoming dividend of NZ$0.54 per share

Manawa Energy's (NZSE:MNW) Dividend Will Be Increased To NZ$0.54

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

New Forecasts: Here's What Analysts Think The Future Holds For Manawa Energy Limited (NZSE:MNW)

Mercury NZ Limited (NZSE:MCY) completed the acquisition of Retail Business from Trustpower Limited (NZSE:TPW).

High number of new directors

Trustpower Limited to Report Fiscal Year 2022 Results on May 16, 2022

Consensus forecasts updated

Consensus forecasts updated

Here's Why Trustpower (NZSE:TPW) Can Manage Its Debt Responsibly

Upcoming dividend of NZ$0.20 per share

High number of new directors

High number of new directors

Independent Director Susan Peterson has left the company

Is Trustpower (NZSE:TPW) A Risky Investment?

Independent Director Susan Peterson has left the company

High number of new directors

Consensus EPS estimates increase to NZ$0.30

Trustpower (NZSE:TPW) Has A Pretty Healthy Balance Sheet

Mercury NZ Limited (NZSE:MCY) agreed to acquire Retail Business from Trustpower Limited (NZSE:TPW) for approximately NZD 440 million.

Upcoming dividend of NZ$0.22 per share

Full year 2021 earnings released: EPS NZ$0.11 (vs NZ$0.30 in FY 2020)

Trustpower Limited Provides Operating Guidance for the Fiscal Year 2022