Megaport Management
Management criteria checks 3/4
Megaport's CEO is Michael Reid, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is A$1.52M, comprised of 69.5% salary and 30.5% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $1.22M. The average tenure of the management team and the board of directors is 1.2 years and 3.4 years respectively.
Key information
Michael Reid
Chief executive officer
AU$1.5m
Total compensation
| CEO salary percentage | 69.5% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$2m | AU$1m | AU$10m |
| Mar 31 2024 | n/a | n/a | AU$9m |
| Dec 31 2023 | n/a | n/a | AU$8m |
| Sep 30 2023 | n/a | n/a | -AU$810k |
| Jun 30 2023 | AU$1m | AU$133k | -AU$10m |
Compensation vs Market: Michael's total compensation ($USD992.67K) is below average for companies of similar size in the US market ($USD3.21M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
CEO
Michael Reid
1.5yrs
Tenure
AU$1,524,450
Compensation
Mr. Michael Reid served as Chief Revenue Officer for ThousandEyes of Cisco. He serves as Chief Executive Officer and Executive Director of Megaport Limited since May 15, 2023. Mr. Reid brings industry expe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.5yrs | AU$1.52m | 0.14% $ 1.2m | |
| Chief Financial Officer | 1.7yrs | AU$4.19m | 0.010% $ 91.8k | |
| Chief Operating Officer | 6.3yrs | no data | no data | |
| Chief Technology Officer | 8.2yrs | no data | no data | |
| Chief Legal Officer | 1.8yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Executive Vice President of Terraforming Americas | no data | no data | no data | |
| Principal Engineer | no data | no data | no data | |
| Executive VP | less than a year | no data | no data | |
| Executive Vice President of NAM & Global Alliances | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data | |
| Executive Vice President of GTM Transformation | less than a year | no data | no data |
1.2yrs
Average Tenure
Experienced Management: MGPP.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.5yrs | AU$1.52m | 0.14% $ 1.2m | |
| Independent Non-Executive Director | 5.7yrs | AU$211.46k | 0.013% $ 109.5k | |
| Non-Executive Director | 3.7yrs | AU$184.81k | 0.0013% $ 10.9k | |
| Non-Executive Chairman of the Board | 3.4yrs | AU$197.17k | 0.010% $ 87.6k | |
| Non-Executive Director | 3.3yrs | AU$199.81k | 0.0013% $ 10.9k |
3.4yrs
Average Tenure
Experienced Board: MGPP.F's board of directors are considered experienced (3.4 years average tenure).