NZME Management
Management criteria checks 2/4
NZME's CEO is Michael Boggs, appointed in Mar 2016, has a tenure of 7.58 years. total yearly compensation is NZ$2.15M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 0.82% of the company’s shares, worth $879.71K. The average tenure of the management team and the board of directors is 2 years and 5.5 years respectively.
Key information
Michael Boggs
Chief executive officer
NZ$2.2m
Total compensation
| CEO salary percentage | 40.9% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | NZ$17m |
| Mar 31 2023 | n/a | n/a | NZ$20m |
| Dec 31 2022 | NZ$2m | NZ$880k | NZ$23m |
| Sep 30 2022 | n/a | n/a | NZ$30m |
| Jun 30 2022 | n/a | n/a | NZ$37m |
| Mar 31 2022 | n/a | n/a | NZ$36m |
| Dec 31 2021 | NZ$1m | NZ$847k | NZ$35m |
| Sep 30 2021 | n/a | n/a | NZ$26m |
| Jun 30 2021 | n/a | n/a | NZ$18m |
| Mar 31 2021 | n/a | n/a | NZ$16m |
| Dec 31 2020 | NZ$2m | NZ$853k | NZ$15m |
| Sep 30 2020 | n/a | n/a | -NZ$74m |
| Jun 30 2020 | n/a | n/a | -NZ$163m |
| Mar 31 2020 | n/a | n/a | -NZ$164m |
| Dec 31 2019 | NZ$1m | NZ$806k | -NZ$165m |
| Sep 30 2019 | n/a | n/a | -NZ$78m |
| Jun 30 2019 | n/a | n/a | NZ$9m |
| Mar 31 2019 | n/a | n/a | NZ$10m |
| Dec 31 2018 | NZ$1m | NZ$856k | NZ$12m |
| Sep 30 2018 | n/a | n/a | NZ$14m |
| Jun 30 2018 | n/a | n/a | NZ$17m |
| Mar 31 2018 | n/a | n/a | NZ$19m |
| Dec 31 2017 | NZ$1m | NZ$806k | NZ$21m |
| Sep 30 2017 | n/a | n/a | NZ$21m |
| Jun 30 2017 | n/a | n/a | NZ$22m |
| Mar 31 2017 | n/a | n/a | -NZ$21m |
| Dec 31 2016 | NZ$865k | NZ$701k | -NZ$64m |
Compensation vs Market: Michael's total compensation ($USD1.30M) is above average for companies of similar size in the US market ($USD740.57K).
Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Michael Boggs
7.6yrs
Tenure
NZ$2,150,770
Compensation
Mr. Michael Raymond Boggs, CA had been the Chief Executive Officer of NZME Limited at HT&E Limited (Formerly known as APN News & Media Limited) since March 2016. Mr. Boggs served as the Chief Financial Off...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 7.6yrs | NZ$2.15m | 0.82% NZ$ 879.7k | |
| Chief Financial Officer | 4.6yrs | no data | 0.084% NZ$ 90.4k | |
| Investor Relations Manager | no data | no data | no data | |
| General Counsel & Company Secretary | no data | no data | no data | |
| General Manager of Communications | 1.7yrs | no data | no data | |
| Chief Marketing Officer | 4.8yrs | no data | no data | |
| Chief Digital & Publishing Officer | 2.2yrs | no data | no data | |
| Chief Radio Officer | 1.9yrs | no data | no data | |
| Chief of OneRoof | less than a year | no data | no data | |
| Chief Content Officer - Publishing | less than a year | no data | no data |
2.0yrs
Average Tenure
Experienced Management: NZME.F's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.3yrs | NZ$110.00k | no data | |
| Independent Chairman | 5.5yrs | NZ$175.00k | 0.040% NZ$ 42.7k | |
| Independent Director | 7.3yrs | NZ$120.00k | 0.082% NZ$ 87.7k | |
| Independent Director | 5.8yrs | NZ$130.00k | 0.027% NZ$ 29.2k | |
| Independent Director | 2.7yrs | NZ$100.00k | no data |
5.5yrs
Average Tenure
Experienced Board: NZME.F's board of directors are considered experienced (5.5 years average tenure).