Australian Foundation Investment Company Limited

OTCPK:AFOV.F Stock Report

Market Cap: US$5.8b

Australian Foundation Investment Management

Management criteria checks 4/4

Australian Foundation Investment's CEO is Robert Freeman, appointed in Jan 2018, has a tenure of 5.42 years. total yearly compensation is A$1.62M, comprised of 52.8% salary and 47.2% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $856.00K. The average tenure of the management team and the board of directors is 6.9 years and 7.5 years respectively.

Key information

Robert Freeman

Chief executive officer

AU$1.6m

Total compensation

CEO salary percentage52.8%
CEO tenure5.4yrs
CEO ownership0.01%
Management average tenure6.9yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Freeman's remuneration changed compared to Australian Foundation Investment's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022n/an/a

AU$378m

Sep 30 2022n/an/a

AU$369m

Jun 30 2022AU$2mAU$857k

AU$361m

Mar 31 2022n/an/a

AU$329m

Dec 31 2021n/an/a

AU$297m

Sep 30 2021n/an/a

AU$266m

Jun 30 2021AU$1mAU$859k

AU$235m

Mar 31 2021n/an/a

AU$206m

Dec 31 2020n/an/a

AU$178m

Sep 30 2020n/an/a

AU$209m

Jun 30 2020AU$1mAU$842k

AU$240m

Mar 31 2020n/an/a

AU$276m

Dec 31 2019n/an/a

AU$312m

Sep 30 2019n/an/a

AU$359m

Jun 30 2019AU$1mAU$825k

AU$406m

Mar 31 2019n/an/a

AU$394m

Dec 31 2018n/an/a

AU$382m

Sep 30 2018n/an/a

AU$330m

Jun 30 2018AU$1mAU$816k

AU$279m

Mar 31 2018n/an/a

AU$271m

Dec 31 2017n/an/a

AU$263m

Sep 30 2017n/an/a

AU$254m

Jun 30 2017AU$1mAU$807k

AU$245m

Mar 31 2017n/an/a

AU$242m

Dec 31 2016n/an/a

AU$238m

Sep 30 2016n/an/a

AU$252m

Jun 30 2016AU$1mAU$791k

AU$266m

Compensation vs Market: Robert's total compensation ($USD1.07M) is below average for companies of similar size in the US market ($USD7.79M).

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


CEO

Robert Freeman

5.4yrs

Tenure

AU$1,623,752

Compensation

Mr. Robert Mark Freeman, BE, MBA, Grad Dip App Fin (Sec Inst), AMP (INSEAD), serves as Managing Director of Djerriwarrh Investments Limited, AMCIL Limited and Mirrabooka Investments Limited. He serves as M...


Leadership Team

NamePositionTenureCompensationOwnership
Robert Freeman
MD, CEO & Director5.4yrsAU$1.62m0.015%
A$ 856.0k
Andrew J. Porter
CFO & Company Secretary18.4yrsAU$985.39k0.015%
A$ 864.1k
Geoffrey Driver
General Manager of Business Development & Investor Relationsno dataAU$812.32k0.012%
A$ 702.1k
Matthew Rowe
Company Secretary6.9yrsAU$428.34k0.00072%
A$ 41.6k
David Grace
Senior Portfolio Managerno datano datano data
Kieran Kennedy
Investment Analystno datano datano data
Nga Lucas
Investment Analystno datano datano data

6.9yrs

Average Tenure

Experienced Management: AFOV.F's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Freeman
MD, CEO & Director5.4yrsAU$1.62m0.015%
A$ 856.0k
Catherine Walter
Independent Non-Executive Director20.8yrsAU$100.00k0.032%
A$ 1.8m
Graeme Liebelt
Independent Non-Executive Director11yrsAU$100.00k0.043%
A$ 2.5m
John Paterson
Independent Non-Executive Chairman of the Board18yrsAU$200.00k0.026%
A$ 1.5m
Craig Drummond
Independent Non Executive Director1.9yrsAU$100.00k0.0051%
A$ 297.3k
Rebecca Dee-Bradbury
Independent Non-Executive Director4.1yrsAU$100.00k0.0012%
A$ 70.6k
David Peever
Independent Non-Executive Director9.6yrsAU$100.00k0.0028%
A$ 161.9k
Julie Fahey
Independent Non-Executive Director2.2yrsAU$100.00k0.00010%
A$ 5.8k

7.5yrs

Average Tenure

67yo

Average Age

Experienced Board: AFOV.F's board of directors are considered experienced (7.5 years average tenure).


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