Grand Banks Yachts Limited

SGX:G50 Stock Report

Market Cap: S$67.4m

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$1.6m

Total compensation

CEO salary percentage64.6%
CEO tenure9.7yrs
CEO ownership6.0%
Management average tenureno data
Board average tenure11.2yrs

Recent management updates

Recent updates

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
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

Mar 31 2018n/an/a

S$5m

Dec 31 2017n/an/a

S$2m

Sep 30 2017n/an/a

S$2m

Jun 30 2017S$704kS$432k

S$521k

Compensation vs Market: Mark Jonathon's total compensation ($USD1.17M) is above average for companies of similar size in the SG market ($USD399.34K).

Compensation vs Earnings: Mark Jonathon's compensation has increased by more than 20% in the past year.


CEO

Mark Jonathon Richards (57 yo)

9.7yrs

Tenure

S$1,587,665

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 & CEO9.7yrsS$1.59m5.97%
SGD 4.0m
Basil Chan
Non-Executive & Independent Director12.4yrsS$69.50k0.16%
SGD 110.1k
Heine Askaer-Jensen
Independent Non-Executive Chairman of the Board12.4yrsS$76.00k0.38%
SGD 256.0k
Ewe Keng Lim
Non-Executive Non-Independent Director11.2yrsS$53.00k0.11%
SGD 77.4k
Gary James Weisman
Non-Executive Independent Director8.5yrsS$54.00k0.15%
SGD 100.4k

11.2yrs

Average Tenure

69yo

Average Age

Experienced Board: G50's board of directors are seasoned and experienced ( 11.2 years average tenure).


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