Bank of Queensland Management
Management criteria checks 2/4
Bank of Queensland's CEO is Patrick Allaway, appointed in Mar 2023, has a tenure of 1.08 years. total yearly compensation is A$1.31M, comprised of 94.4% salary and 5.6% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth $975.94K. The average tenure of the management team and the board of directors is 1.4 years and 4 years respectively.
Key information
Patrick Allaway
Chief executive officer
AU$1.3m
Total compensation
| CEO salary percentage | 94.4% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.04% |
| Management average tenure | 1.4yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | AU$266m |
| Nov 30 2023 | n/a | n/a | AU$193m |
| Aug 31 2023 | AU$1m | AU$1m | AU$119m |
| May 31 2023 | n/a | n/a | AU$159m |
| Feb 28 2023 | n/a | n/a | AU$198m |
| Nov 30 2022 | n/a | n/a | AU$302m |
| Aug 31 2022 | AU$500k | n/a | AU$406m |
| May 31 2022 | n/a | n/a | AU$416m |
| Feb 28 2022 | n/a | n/a | AU$426m |
| Nov 30 2021 | n/a | n/a | AU$397m |
| Aug 31 2021 | AU$456k | n/a | AU$368m |
| May 31 2021 | n/a | n/a | AU$272m |
| Feb 28 2021 | n/a | n/a | AU$176m |
| Nov 30 2020 | n/a | n/a | AU$146m |
| Aug 31 2020 | AU$394k | n/a | AU$115m |
| May 31 2020 | n/a | n/a | AU$175m |
| Feb 29 2020 | n/a | n/a | AU$235m |
| Nov 30 2019 | n/a | n/a | AU$267m |
| Aug 31 2019 | AU$61k | n/a | AU$298m |
Compensation vs Market: Patrick's total compensation ($USD856.60K) is below average for companies of similar size in the US market ($USD6.59M).
Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.
CEO
Patrick Allaway (62 yo)
1.1yrs
Tenure
AU$1,314,540
Compensation
Mr. Patrick Newton-James Allaway, B. A., L. L.B., serves as Managing Director & Chief Executive Officer at Bank of Queensland Limited since March 27, 2023 and serves as its Director since May 01, 2019. He...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.1yrs | AU$1.31m | 0.037% A$ 975.9k | |
| Chief Financial Officer | 1.8yrs | AU$1.43m | 0.0086% A$ 226.0k | |
| Chief Transformation & Operations Officer | less than a year | AU$810.83k | 0.00095% A$ 25.1k | |
| Chief Information Officer | 3.8yrs | AU$1.56m | 0.0042% A$ 110.1k | |
| Company Secretary & General Counsel | 5yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Head of BOQ Broker | 5.8yrs | no data | no data | |
| Head of Media & Government Relations | no data | no data | no data | |
| Chief Risk Officer | no data | no data | no data | |
| Treasurer | 15.1yrs | no data | no data | |
| Additional Company Secretary | less than a year | no data | no data |
1.4yrs
Average Tenure
Experienced Management: BKQN.Y's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 4.9yrs | AU$1.31m | 0.037% A$ 975.9k | |
| Non-Executive Independent Chairman | 7.6yrs | AU$409.44k | 0.028% A$ 726.0k | |
| Independent Non-Executive Director | 3.1yrs | AU$315.00k | 0.0046% A$ 120.6k | |
| Independent Non-Executive Director | 2.5yrs | AU$272.00k | 0.00050% A$ 13.2k | |
| Non-Executive Independent Director | 8.4yrs | AU$367.49k | 0.0052% A$ 136.2k | |
| Non-Executive Independent Director | 10.2yrs | AU$340.75k | 0.032% A$ 850.0k | |
| Non-Executive Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 2.7yrs | AU$293.74k | 0.0032% A$ 84.5k |
4.0yrs
Average Tenure
62yo
Average Age
Experienced Board: BKQN.Y's board of directors are considered experienced (4 years average tenure).