Contact Energy Limited

OTCPK:COEN.F Stock Report

Market Cap: US$4.1b

Contact Energy Management

Management criteria checks 4/4

Contact Energy's CEO is Mike Fuge, appointed in Feb 2020, has a tenure of 4.75 years. total yearly compensation is NZ$2.43M, comprised of 51% salary and 49% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $627.31K. The average tenure of the management team and the board of directors is 4.5 years and 6 years respectively.

Key information

Mike Fuge

Chief executive officer

NZ$2.4m

Total compensation

CEO salary percentage51.0%
CEO tenure4.8yrs
CEO ownership0.02%
Management average tenure4.5yrs
Board average tenure6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Fuge's remuneration changed compared to Contact Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024NZ$2mNZ$1m

NZ$235m

Mar 31 2024n/an/a

NZ$261m

Jun 30 2023NZ$2mNZ$1m

NZ$127m

Mar 31 2023n/an/a

NZ$84m

Dec 31 2022n/an/a

NZ$41m

Sep 30 2022n/an/a

NZ$112m

Jun 30 2022NZ$2mNZ$1m

NZ$182m

Mar 31 2022n/an/a

NZ$213m

Dec 31 2021n/an/a

NZ$243m

Sep 30 2021n/an/a

NZ$215m

Jun 30 2021NZ$2mNZ$1m

NZ$187m

Mar 31 2021n/an/a

NZ$166m

Dec 31 2020n/an/a

NZ$144m

Sep 30 2020n/an/a

NZ$135m

Jun 30 2020NZ$1mNZ$376k

NZ$125m

Compensation vs Market: Mike's total compensation ($USD1.42M) is below average for companies of similar size in the US market ($USD6.56M).

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

CEO

Mike Fuge

4.8yrs

Tenure

NZ$2,433,527

Compensation

Mr. Michael Fuge, also known as Mike, M. Com. (Hons), B.Eng. (Hons), MIPENZ, serves as Chief Executive Officer of Contact Energy Limited since February 24, 2020. He served as Chief Executive Officer at The...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Fuge
Chief Executive Officer4.8yrsNZ$2.43m0.015%
$ 627.3k
Dorian Kevin Devers
Chief Financial Officer5.9yrsno data0.0092%
$ 378.9k
Matthew Forbes
General Manager of Corporate Financeno datano datano data
Iain Gauld
Chief Information Officer3.6yrsno datano data
Shelley Hollingsworth
Investor Relations & Strategy Managerno datano datano data
Kirsten Clayton
General Counsel & Company Secretaryno datano datano data
Louise Wright
Head of Communications & Reputationno datano datano data
Jan Bibby
Chief People Experience Officer5yrsno datano data
Jacqui Nelson
Chief Development Officer4.3yrsno datano data
Matt Bolton
Chief Retail Officer3.7yrsno datano data
Tighe Wall
Chief Digital Officer4.8yrsno datano data
John Clark
Chief Generation Officer2.8yrsno datano data

4.5yrs

Average Tenure

Experienced Management: COEN.F's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Robert McDonald
Independent Non-Executive Chairman9yrsNZ$312.00k0.0044%
$ 182.7k
Sandra Dodds
Independent Non-Executive Director3.2yrsNZ$230.74k0.0026%
$ 106.3k
Elena Trout
Independent Non-Executive Director8.1yrsNZ$195.01k0.0031%
$ 125.2k
Jonathan Macdonald
Independent Non-Executive Director6yrsNZ$186.01k0.0033%
$ 136.7k
Rukumoana Tira Schaafhausen
Independent Director3.7yrsNZ$184.03k0.00017%
$ 7.0k
David Edward Gibson
Independent Non-Executive Directorless than a yearNZ$62.83k0.0025%
$ 103.0k
David Smol
Independent Non-Executive Director6.1yrsNZ$202.80k0.0029%
$ 119.1k

6.0yrs

Average Tenure

Experienced Board: COEN.F's board of directors are considered experienced (6 years average tenure).