Contact Energy Management
Management criteria checks 4/4
Contact Energy's CEO is Mike Fuge, appointed in Feb 2020, has a tenure of 4.17 years. total yearly compensation is NZ$2.13M, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $404.95K. The average tenure of the management team and the board of directors is 4.2 years and 5.4 years respectively.
Key information
Mike Fuge
Chief executive officer
NZ$2.1m
Total compensation
| CEO salary percentage | 56.2% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 4.2yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | NZ$287m |
| Sep 30 2023 | n/a | n/a | NZ$207m |
| Jun 30 2023 | NZ$2m | NZ$1m | NZ$127m |
| Mar 31 2023 | n/a | n/a | NZ$84m |
| Dec 31 2022 | n/a | n/a | NZ$41m |
| Sep 30 2022 | n/a | n/a | NZ$112m |
| Jun 30 2022 | NZ$2m | NZ$1m | NZ$182m |
| Mar 31 2022 | n/a | n/a | NZ$213m |
| Dec 31 2021 | n/a | n/a | NZ$243m |
| Sep 30 2021 | n/a | n/a | NZ$215m |
| Jun 30 2021 | NZ$2m | NZ$1m | NZ$187m |
| Mar 31 2021 | n/a | n/a | NZ$166m |
| Dec 31 2020 | n/a | n/a | NZ$144m |
| Sep 30 2020 | n/a | n/a | NZ$135m |
| Jun 30 2020 | NZ$1m | NZ$376k | NZ$125m |
Compensation vs Market: Mike's total compensation ($USD1.25M) is below average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Fuge
4.2yrs
Tenure
NZ$2,127,215
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.2yrs | NZ$2.13m | 0.010% NZ$ 405.0k | |
| Chief Financial Officer | 5.3yrs | no data | 0.0051% NZ$ 203.7k | |
| General Manager of Corporate Finance | no data | no data | no data | |
| Chief Information Officer | 3yrs | no data | no data | |
| Investor Relations & Strategy Manager | no data | no data | no data | |
| General Counsel & Company Secretary | no data | no data | no data | |
| Head of Communications & Reputation | no data | no data | no data | |
| Chief People Experience Officer | 4.4yrs | no data | no data | |
| Chief Development Officer | 3.8yrs | no data | no data | |
| Chief Retail Officer | 3.1yrs | no data | no data | |
| Chief Digital Officer | 4.2yrs | no data | no data | |
| Chief Generation Officer | no data | no data | no data |
4.2yrs
Average Tenure
Experienced Management: COEN.F's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Chairman | 8.4yrs | NZ$300.00k | no data | |
| Independent Director | 2.6yrs | NZ$219.65k | 0.0026% NZ$ 101.6k | |
| Independent Non-Executive Director | 7.5yrs | NZ$180.04k | 0.0030% NZ$ 120.0k | |
| Independent Non-Executive Director | 5.4yrs | NZ$178.84k | 0.0033% NZ$ 130.7k | |
| Independent Director | 3.1yrs | NZ$180.03k | 0.00016% NZ$ 6.4k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.5yrs | NZ$175.54k | 0.0029% NZ$ 114.4k |
5.4yrs
Average Tenure
Experienced Board: COEN.F's board of directors are considered experienced (5.4 years average tenure).