BlueScope Steel Management
Management criteria checks 3/4
BlueScope Steel's CEO is Mark Vassella, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is A$4.81M, comprised of 41.1% salary and 58.9% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth $14.65M. The average tenure of the management team and the board of directors is 1.8 years and 3.8 years respectively.
Key information
Mark Vassella
Chief executive officer
AU$4.8m
Total compensation
| CEO salary percentage | 41.1% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$5m | AU$2m | AU$805m |
| Mar 31 2024 | n/a | n/a | AU$825m |
| Dec 31 2023 | n/a | n/a | AU$844m |
| Sep 30 2023 | n/a | n/a | AU$924m |
| Jun 30 2023 | AU$5m | AU$2m | AU$1b |
| Mar 31 2023 | n/a | n/a | AU$1b |
| Dec 31 2022 | n/a | n/a | AU$2b |
| Sep 30 2022 | n/a | n/a | AU$2b |
| Jun 30 2022 | AU$5m | AU$2m | AU$3b |
| Mar 31 2022 | n/a | n/a | AU$3b |
| Dec 31 2021 | n/a | n/a | AU$3b |
| Sep 30 2021 | n/a | n/a | AU$2b |
| Jun 30 2021 | AU$6m | AU$2m | AU$1b |
| Mar 31 2021 | n/a | n/a | AU$708m |
| Dec 31 2020 | n/a | n/a | AU$233m |
| Sep 30 2020 | n/a | n/a | AU$167m |
| Jun 30 2020 | AU$5m | AU$2m | AU$101m |
| Dec 31 2019 | n/a | n/a | AU$584m |
| Sep 30 2019 | n/a | n/a | AU$802m |
| Jun 30 2019 | AU$4m | AU$2m | AU$1b |
| Dec 31 2018 | n/a | n/a | AU$2b |
| Sep 30 2018 | n/a | n/a | AU$2b |
| Jun 30 2018 | AU$4m | AU$1m | AU$2b |
Compensation vs Market: Mark's total compensation ($USD3.12M) is below average for companies of similar size in the US market ($USD7.78M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Vassella (61 yo)
6.8yrs
Tenure
AU$4,805,460
Compensation
Mr. Mark Royce Vassella, BCom, MBA has been Managing Director, Chief Executive Officer and Executive Director of BlueScope Steel Limited since January 01, 2018. Mr. Vassella joined BlueScope following its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.8yrs | AU$4.81m | 0.24% $ 14.7m | |
| Chief Financial Officer | 1.2yrs | AU$1.80m | no data | |
| Chief Executive of Australian Steel Products | 1.8yrs | AU$2.04m | 0.032% $ 1.9m | |
| Chief Executive of North America | 1.8yrs | AU$2.51m | 0.015% $ 893.0k | |
| Chief Executive of New Zealand & Pacific Islands | 2.8yrs | AU$1.34m | 0.0023% $ 138.9k | |
| Chief Executive of NS BlueScope & China | 3.6yrs | AU$2.79m | no data | |
| Chief Technical & Development Officer | 1.8yrs | AU$1.63m | no data | |
| Chief Digital and Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Interim Chief Legal Officer | no data | no data | no data | |
| Chief People Officer | 1.8yrs | no data | no data | |
| Executive Vice President of Corporate Affairs | 18.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: BLSF.Y's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.8yrs | AU$4.81m | 0.24% $ 14.7m | |
| Independent Non-Executive Director | 2.2yrs | AU$234.78k | 0.0037% $ 221.0k | |
| Independent Non-Executive Chairman | 2.2yrs | AU$410.07k | 0.0035% $ 208.9k | |
| Independent Non-Executive Director | 7.2yrs | AU$275.65k | 0.0049% $ 298.3k | |
| Independent Non-Executive Director | 4.8yrs | AU$264.42k | 0.0023% $ 140.7k | |
| Independent Non-Executive Director | 2.8yrs | AU$256.82k | no data | |
| Independent Non-Executive Director | 2.8yrs | AU$268.78k | 0.0029% $ 176.3k | |
| Independent Non-Executive Director | 10.6yrs | AU$268.54k | 0.0062% $ 376.8k | |
| Independent Non-Executive Director | 11.7yrs | AU$260.19k | 0.0096% $ 580.8k | |
| Independent Non-Executive Director | less than a year | AU$117.11k | 0.00057% $ 34.4k |
3.8yrs
Average Tenure
60yo
Average Age
Experienced Board: BLSF.Y's board of directors are considered experienced (3.8 years average tenure).