GrainCorp Management
Management criteria checks 3/4
GrainCorp's CEO is Robert Spurway, appointed in Mar 2020, has a tenure of 4.17 years. total yearly compensation is A$3.40M, comprised of 31.1% salary and 68.9% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth $2.43M. The average tenure of the management team and the board of directors is 5.1 years and 2.6 years respectively.
Key information
Robert Spurway
Chief executive officer
AU$3.4m
Total compensation
| CEO salary percentage | 31.1% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.1yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | AU$3m | AU$1m | AU$250m |
| Jun 30 2023 | n/a | n/a | AU$292m |
| Mar 31 2023 | n/a | n/a | AU$335m |
| Dec 31 2022 | n/a | n/a | AU$358m |
| Sep 30 2022 | AU$4m | AU$1m | AU$380m |
| Jun 30 2022 | n/a | n/a | AU$358m |
| Mar 31 2022 | n/a | n/a | AU$335m |
| Dec 31 2021 | n/a | n/a | AU$237m |
| Sep 30 2021 | AU$3m | AU$995k | AU$139m |
| Mar 31 2021 | n/a | n/a | AU$8m |
| Dec 31 2020 | n/a | n/a | AU$22m |
| Sep 30 2020 | AU$1m | AU$488k | AU$35m |
Compensation vs Market: Robert's total compensation ($USD2.25M) is below average for companies of similar size in the US market ($USD5.72M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Spurway
4.2yrs
Tenure
AU$3,399,000
Compensation
Mr. Robert J. Spurway, B.E. (Chemical and Materials), serves as Chief Executive Officer and Managing Director at GrainCorp Limited since March 23, 2020 and also serves as it's Director. Mr. Spurway served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 4.2yrs | AU$3.40m | 0.19% A$ 2.4m | |
| Chief Financial Officer | 3.8yrs | AU$1.33m | 0.024% A$ 304.7k | |
| Chief Operating Officer | 5.1yrs | AU$1.71m | 0.045% A$ 561.4k | |
| Chief People & Transformation Officer | 5.8yrs | AU$1.17m | 0.035% A$ 440.5k | |
| Chief Corporate Affairs Officer | 5.3yrs | no data | no data | |
| Chief Innovation & Growth Officer | 3.3yrs | no data | no data | |
| Group Legal Counsel & Company Secretary | 5.5yrs | no data | no data |
5.1yrs
Average Tenure
Experienced Management: GRCL.F's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 4.2yrs | AU$3.40m | 0.19% A$ 2.4m | |
| Independent Non-executive Chairman | 8.5yrs | AU$313.00k | 0.0045% A$ 55.6k | |
| Independent Non-Executive Director | less than a year | no data | 0.0022% A$ 27.3k | |
| Independent Non-Executive Director | 2.6yrs | AU$178.00k | 0.0089% A$ 111.3k | |
| Independent Non-Executive Director | less than a year | no data | 0.0018% A$ 22.8k | |
| Independent Non-Executive Director | 4.4yrs | AU$179.00k | 0.0062% A$ 77.8k | |
| Independent Non-Executive Director | 2.6yrs | AU$164.00k | 0.0014% A$ 17.3k |
2.6yrs
Average Tenure
Experienced Board: GRCL.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.