AGL Energy Management

Management criteria checks 3/4

AGL Energy's CEO is Damien Nicks, appointed in Sep 2022, has a tenure of 2.08 years. total yearly compensation is A$3.27M, comprised of 42% salary and 58% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth $1.46M. The average tenure of the management team and the board of directors is 2.3 years and 2 years respectively.

Key information

Damien Nicks

Chief executive officer

AU$3.3m

Total compensation

CEO salary percentage42.0%
CEO tenure2.1yrs
CEO ownership0.03%
Management average tenure2.3yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Damien Nicks's remuneration changed compared to AGL Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$3mAU$1m

AU$711m

Mar 31 2024n/an/a

AU$549m

Dec 31 2023n/an/a

AU$387m

Sep 30 2023n/an/a

-AU$438m

Jun 30 2023AU$2mAU$1m

-AU$1b

Mar 31 2023n/an/a

-AU$1b

Dec 31 2022n/an/a

-AU$770m

Sep 30 2022n/an/a

AU$45m

Jun 30 2022AU$2mAU$740k

AU$860m

Mar 31 2022n/an/a

AU$817m

Dec 31 2021n/an/a

AU$773m

Sep 30 2021n/an/a

-AU$642m

Jun 30 2021AU$872kAU$686k

-AU$2b

Mar 31 2021n/an/a

-AU$2b

Dec 31 2020n/an/a

-AU$2b

Sep 30 2020n/an/a

-AU$292m

Jun 30 2020AU$1mAU$687k

AU$1b

Mar 31 2020n/an/a

AU$973m

Dec 31 2019n/an/a

AU$938m

Sep 30 2019n/an/a

AU$922m

Jun 30 2019AU$1mAU$580k

AU$905m

Compensation vs Market: Damien's total compensation ($USD2.20M) is below average for companies of similar size in the US market ($USD8.06M).

Compensation vs Earnings: Damien's compensation has been consistent with company performance over the past year.


CEO

Damien Nicks (51 yo)

2.1yrs

Tenure

AU$3,267,259

Compensation

Mr. Damien Nicks serves as Managing Director & Chief Executive Officer at AGL Energy Limited since January 19, 2023. He served as Chief Financial Officer of AGL Energy Limited since May 31, 2019 and served...


Leadership Team

NamePositionTenureCompensationOwnership
Damien Nicks
MD & CEO2.1yrsAU$3.27m0.028%
$ 1.5m
Gary Brown
Chief Financial Officer2yrsAU$1.36mno data
Markus Brokhof
Chief Operating Officer4.5yrsAU$2.07mno data
Jo Egan
Chief Customer Officer2.3yrsAU$1.40mno data
John Chambers
Executive General Manager of Future Business & Technologyno datano datano data
James Thompson
Head of Investor Relationsno datano datano data
Melinda Hunter
Company Secretary & General Counsel7.4yrsno datano data
Joao Segorbe
Executive General Strategy & Corporate Developmentno datano datano data
Amanda Lee
Chief People Officer2.2yrsno datano data
Paul Hitchins
Head of Mediano datano datano data
Sophia Li
Treasurerno datano datano data
Elizabeth Molyneux
General Manager of Energy Markets Regulationno datano datano data

2.3yrs

Average Tenure

Experienced Management: AGLN.F's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Damien Nicks
MD & CEO1.8yrsAU$3.27m0.028%
$ 1.5m
Graham John Cockroft
Independent Non-Executive Director2.8yrsAU$273.50k0.0052%
$ 275.4k
Mark Bloom
Independent Non-Executive Director4.3yrsAU$277.40k0.0033%
$ 173.2k
John Pollaers
Independent Non-Executive Director1.9yrsAU$249.80k0.0056%
$ 294.0k
Miles George
Independent Non-Executive Director2.1yrsAU$249.80k0.0074%
$ 393.5k
Kerry Schott
Independent Non-Executive Director1.9yrsAU$249.80k0.0039%
$ 208.7k
Mark Twidell
Independent Non-Executive Director1.9yrsAU$243.40k0.0037%
$ 198.6k
Patricia McKenzie
Independent Non-Executive Chairman5.4yrsAU$603.00k0.0044%
$ 235.7k
Christine Holman
Independent Non-Executive Director1.9yrsAU$249.80k0.0042%
$ 220.3k
Vanessa Sullivan
Independent Non-Executive Director2.6yrsAU$267.10k0.0040%
$ 214.5k

2.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: AGLN.F's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.