EROAD Management
Management criteria checks 1/4
EROAD's CEO is Mark Heine, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is NZ$1.10M, comprised of 65% salary and 35% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $448.87K. The average tenure of the management team and the board of directors is 0.4 years and 2.5 years respectively.
Key information
Mark Heine
Chief executive officer
NZ$1.1m
Total compensation
| CEO salary percentage | 65.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | NZ$1m | NZ$717k | -NZ$300k |
| Dec 31 2023 | n/a | n/a | -NZ$3m |
| Sep 30 2023 | n/a | n/a | -NZ$5m |
| Jun 30 2023 | n/a | n/a | -NZ$4m |
| Mar 31 2023 | NZ$883k | NZ$723k | -NZ$3m |
Compensation vs Market: Mark's total compensation ($USD687.68K) is below average for companies of similar size in the US market ($USD1.55M).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Heine
less than a year
Tenure
NZ$1,103,247
Compensation
Mr. Mark Heine serves as an Executive Vice President and Company Secretary at EROAD Limited since April 08, 2022 and served as its CEO since April 08, 2022 until March 05, 2024 and serves as its CO-CEO sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO, Executive VP & Company Secretary | less than a year | NZ$1.10m | 0.30% $ 448.9k | |
| Co-Chief Executive Officer | less than a year | NZ$57.00k | no data | |
| Chief Financial Officer | 2.3yrs | NZ$391.04k | 0.063% $ 95.5k | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| General Counsel & Company Secretary | 2.3yrs | no data | no data | |
| Executive Vice President of Sales & Marketing | less than a year | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| President of Product & Strategy | no data | no data | no data | |
| Chief Transformation Officer | 1.5yrs | no data | no data | |
| Chief Sustainability Officer & Executive VP of Mixed Fleets | no data | no data | no data | |
| Chief Data Science Officer & Executive VP of Construction | no data | no data | no data |
0.4yrs
Average Tenure
Experienced Management: ERDL.F's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair | 5.4yrs | NZ$138.93k | 0.090% $ 135.7k | |
| Non Executive Director | 2.8yrs | NZ$95.00k | 1.84% $ 2.8m | |
| Independent Non-Executive Director | less than a year | NZ$1.73k | no data | |
| Independent Director | 2.3yrs | NZ$170.54k | 0.19% $ 289.4k | |
| Independent Non-Executive Director | 4.6yrs | NZ$180.58k | 0.039% $ 59.2k | |
| Independent Director | less than a year | NZ$64.99k | 0.091% $ 137.8k |
2.5yrs
Average Tenure
Experienced Board: ERDL.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.