Close the Loop Management
Management criteria checks 2/4
Close the Loop's CEO is Joe Foster, appointed in Nov 2021, has a tenure of 2.92 years. total yearly compensation is A$756.74K, comprised of 52.9% salary and 47.1% bonuses, including company stock and options. directly owns 12.22% of the company’s shares, worth $8.26M. The average tenure of the management team and the board of directors is 2.9 years and 2.9 years respectively.
Key information
Joe Foster
Chief executive officer
AU$756.7k
Total compensation
| CEO salary percentage | 52.9% |
| CEO tenure | 2.9yrs |
| CEO ownership | 12.2% |
| Management average tenure | 2.9yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$757k | AU$400k | AU$11m |
| Mar 31 2024 | n/a | n/a | AU$12m |
| Dec 31 2023 | n/a | n/a | AU$13m |
| Sep 30 2023 | n/a | n/a | AU$13m |
| Jun 30 2023 | AU$581k | AU$308k | AU$12m |
| Mar 31 2023 | n/a | n/a | AU$10m |
| Dec 31 2022 | n/a | n/a | AU$8m |
| Sep 30 2022 | n/a | n/a | AU$6m |
| Jun 30 2022 | AU$296k | AU$201k | AU$5m |
| Mar 31 2022 | n/a | n/a | AU$4m |
| Dec 31 2021 | n/a | n/a | AU$3m |
| Sep 30 2021 | n/a | n/a | AU$4m |
| Jun 30 2021 | AU$168k | AU$80k | AU$4m |
Compensation vs Market: Joe's total compensation ($USD506.01K) is about average for companies of similar size in the US market ($USD655.02K).
Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Joe Foster
2.9yrs
Tenure
AU$756,736
Compensation
Mr. Joe Foster is Co-Founder of O F Packaging Pty Ltd and serves as its Managing Director.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.9yrs | AU$756.74k | 12.22% $ 8.3m | |
| CFO, Company Secretary & Executive Director | 7.2yrs | AU$702.53k | 0.85% $ 571.7k | |
| Chief Commercial Officer & Executive Director | 2.9yrs | AU$645.26k | 1.29% $ 872.1k | |
| Chief Executive Officer of North America | less than a year | AU$321.11k | 0.21% $ 142.9k | |
| Founder | 23.8yrs | no data | no data | |
| Marketing & Business Development Executive | no data | no data | no data |
2.9yrs
Average Tenure
Experienced Management: CTLL.F's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.9yrs | AU$756.74k | 12.22% $ 8.3m | |
| CFO, Company Secretary & Executive Director | 3yrs | AU$702.53k | 0.85% $ 571.7k | |
| Chief Commercial Officer & Executive Director | 2.9yrs | AU$645.26k | 1.29% $ 872.1k | |
| Independent Non-Executive Chairman | 6.9yrs | AU$90.00k | 0.68% $ 457.4k | |
| Independent Non-Executive Director | 2.9yrs | AU$40.00k | 0.24% $ 158.8k | |
| Director | less than a year | AU$23.33k | 8.48% $ 5.7m |
2.9yrs
Average Tenure
Experienced Board: CTLL.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/22 21:25 |
| End of Day Share Price | 2024/07/25 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Close the Loop Ltd is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Conor O’Prey | Canaccord Genuity |
| James Bisinella | Shaw and Partners Limited |
| Larry Gandler | Shaw and Partners Limited |