Grand Banks Yachts Limited

SGX:G50 Stock Report

Market Cap: S$103.6m

Grand Banks Yachts Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mark Jonathon Richards

Chief executive officer

S$1.8m

Total compensation

CEO salary percentage56.7%
CEO tenure10.3yrs
CEO ownership6.6%
Management average tenureno data
Board average tenureless than a year

Recent management updates

We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation

Oct 17
We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation

Recent updates

We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation

Oct 17
We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation

Grand Banks Yachts' (SGX:G50) Promising Earnings May Rest On Soft Foundations

Oct 14
Grand Banks Yachts' (SGX:G50) Promising Earnings May Rest On Soft Foundations

Investors Still Aren't Entirely Convinced By Grand Banks Yachts Limited's (SGX:G50) Earnings Despite 26% Price Jump

Sep 05
Investors Still Aren't Entirely Convinced By Grand Banks Yachts Limited's (SGX:G50) Earnings Despite 26% Price Jump

Here's Why Grand Banks Yachts (SGX:G50) Has Caught The Eye Of Investors

Aug 29
Here's Why Grand Banks Yachts (SGX:G50) Has Caught The Eye Of Investors

A Piece Of The Puzzle Missing From Grand Banks Yachts Limited's (SGX:G50) Share Price

May 30
A Piece Of The Puzzle Missing From Grand Banks Yachts Limited's (SGX:G50) Share Price

Grand Banks Yachts' (SGX:G50) Earnings Are Of Questionable Quality

Feb 22
Grand Banks Yachts' (SGX:G50) Earnings Are Of Questionable Quality

Here's Why Grand Banks Yachts (SGX:G50) Can Manage Its Debt Responsibly

Feb 15
Here's Why Grand Banks Yachts (SGX:G50) Can Manage Its Debt Responsibly

Grand Banks Yachts (SGX:G50) Has A Pretty Healthy Balance Sheet

Feb 20
Grand Banks Yachts (SGX:G50) Has A Pretty Healthy Balance Sheet

We Believe That Grand Banks Yachts' (SGX:G50) Weak Earnings Are A Good Indicator Of Underlying Profitability

Sep 05
We Believe That Grand Banks Yachts' (SGX:G50) Weak Earnings Are A Good Indicator Of Underlying Profitability

Does Grand Banks Yachts (SGX:G50) Have A Healthy Balance Sheet?

Jun 10
Does Grand Banks Yachts (SGX:G50) Have A Healthy Balance Sheet?

Grand Banks Yachts (SGX:G50) Seems To Use Debt Quite Sensibly

Dec 29
Grand Banks Yachts (SGX:G50) Seems To Use Debt Quite Sensibly

Do Its Financials Have Any Role To Play In Driving Grand Banks Yachts Limited's (SGX:G50) Stock Up Recently?

Dec 08
Do Its Financials Have Any Role To Play In Driving Grand Banks Yachts Limited's (SGX:G50) Stock Up Recently?

CEO Compensation Analysis

How has Mark Jonathon Richards's remuneration changed compared to Grand Banks Yachts's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024S$2mS$1m

S$21m

Mar 31 2024n/an/a

S$17m

Dec 31 2023n/an/a

S$13m

Sep 30 2023n/an/a

S$12m

Jun 30 2023S$2mS$1m

S$10m

Mar 31 2023n/an/a

S$9m

Dec 31 2022n/an/a

S$8m

Sep 30 2022n/an/a

S$6m

Jun 30 2022S$877kS$626k

S$4m

Mar 31 2022n/an/a

S$2m

Dec 31 2021n/an/a

-S$450k

Sep 30 2021n/an/a

S$2m

Jun 30 2021S$1mS$600k

S$4m

Mar 31 2021n/an/a

S$4m

Dec 31 2020n/an/a

S$3m

Sep 30 2020n/an/a

S$1m

Jun 30 2020S$995kS$600k

S$1m

Mar 31 2020n/an/a

S$2m

Dec 31 2019n/an/a

S$2m

Sep 30 2019n/an/a

S$2m

Jun 30 2019S$882kS$662k

S$2m

Mar 31 2019n/an/a

S$7m

Dec 31 2018n/an/a

S$8m

Sep 30 2018n/an/a

S$9m

Jun 30 2018S$862kS$662k

S$9m

Compensation vs Market: Mark Jonathon's total compensation ($USD1.35M) is above average for companies of similar size in the SG market ($USD376.06K).

Compensation vs Earnings: Mark Jonathon's compensation has been consistent with company performance over the past year.


CEO

Mark Jonathon Richards (58 yo)

10.3yrs

Tenure

S$1,809,090

Compensation

Mr. Mark Jonathon Richards has been the Chief Executive Officer and Executive Director of Grand Banks Yachts Limited since August 1, 2014. Mr. Richards served as Managing Director of Palm Beach Motor Yacht...


Board Members

NamePositionTenureCompensationOwnership
Mark Jonathon Richards
Executive Director & CEO10.3yrsS$1.81m6.63%
SGD 6.9m
Brian Storms
Independent Directorless than a yearno datano data
Basil Chan
Non-Executive Non-Independent Chairman13yrsS$105.36k0.16%
SGD 167.3k
Jeffrey Fisher
Independent Directorless than a yearno data0.12%
SGD 122.2k
Ewe Keng Lim
Non-Executive Non-Independent Director11.8yrsS$82.86k0.11%
SGD 117.7k
Philip William Forrest
Lead Independent Directorless than a yearno datano data
Ker-Wei Pang
Independent Directorless than a yearno datano data

0.3yrs

Average Tenure

57yo

Average Age

Experienced Board: G50's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.