Develop Global Management
Management criteria checks 2/4
Develop Global's CEO is Bill Beament, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is A$2.03M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 18.6% of the company’s shares, worth $83.39M. The average tenure of the management team and the board of directors is 1.8 years and 3.3 years respectively.
Key information
Bill Beament
Chief executive officer
AU$2.0m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 18.6% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$383k | -AU$12m |
| Mar 31 2024 | n/a | n/a | -AU$14m |
| Dec 31 2023 | n/a | n/a | -AU$15m |
| Sep 30 2023 | n/a | n/a | -AU$17m |
| Jun 30 2023 | AU$2m | AU$246k | -AU$18m |
| Mar 31 2023 | n/a | n/a | -AU$13m |
| Dec 31 2022 | n/a | n/a | -AU$9m |
| Sep 30 2022 | n/a | n/a | -AU$9m |
| Jun 30 2022 | AU$288k | AU$249k | -AU$9m |
Compensation vs Market: Bill's total compensation ($USD1.33M) is below average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Bill's compensation has increased whilst the company is unprofitable.
CEO
Bill Beament (49 yo)
3.3yrs
Tenure
AU$2,029,700
Compensation
Mr. William James Beament, also known as Bill, B.Eng-Mining (Hons), MAICD, serves as Director of Essential Metals Limited since November 6, 2023. He serves as Managing Director at Develop Global Limited (f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 3.3yrs | AU$2.03m | 18.6% $ 83.4m | |
| Chief Financial Officer | 1.8yrs | AU$547.46k | 0.013% $ 57.1k | |
| General Counsel & Company Secretary | 1.4yrs | no data | no data | |
| Chief External Affairs Officer | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: VTEX.F'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 & Director | 3.3yrs | AU$2.03m | 18.6% $ 83.4m | |
| Independent Non-Executive Chairman | 3.4yrs | AU$165.68k | 0% $ 0 | |
| Non-Executive Director | 1.5yrs | AU$109.64k | no data | |
| Independent Non-Executive Director | 3.3yrs | AU$78.81k | 0.055% $ 247.8k |
3.3yrs
Average Tenure
66yo
Average Age
Experienced Board: VTEX.F's board of directors are considered experienced (3.3 years average tenure).