Mercury NZ Management
Management criteria checks 2/4
Mercury NZ's CEO is Vince James Hawksworth, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is NZ$3.36M, comprised of 41.4% salary and 58.6% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth $1.05M. The average tenure of the management team and the board of directors is 3.2 years and 2.9 years respectively.
Key information
Vince James Hawksworth
Chief executive officer
NZ$3.4m
Total compensation
| CEO salary percentage | 41.4% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.2yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | NZ$38m |
| Sep 30 2023 | n/a | n/a | NZ$71m |
| Jun 30 2023 | NZ$3m | NZ$1m | NZ$103m |
| Mar 31 2023 | n/a | n/a | NZ$197m |
| Dec 31 2022 | n/a | n/a | NZ$281m |
| Sep 30 2022 | n/a | n/a | NZ$375m |
| Jun 30 2022 | NZ$2m | NZ$1m | NZ$469m |
| Mar 31 2022 | n/a | n/a | NZ$454m |
| Dec 31 2021 | n/a | n/a | NZ$438m |
| Sep 30 2021 | n/a | n/a | NZ$290m |
| Jun 30 2021 | NZ$2m | NZ$1m | NZ$141m |
| Mar 31 2021 | n/a | n/a | NZ$199m |
| Dec 31 2020 | n/a | n/a | NZ$256m |
| Sep 30 2020 | n/a | n/a | NZ$233m |
| Jun 30 2020 | NZ$514k | NZ$309k | NZ$209m |
Compensation vs Market: Vince's total compensation ($USD2.02M) is below average for companies of similar size in the US market ($USD7.95M).
Compensation vs Earnings: Vince's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Vince James Hawksworth (64 yo)
4.1yrs
Tenure
NZ$3,357,981
Compensation
Mr. Vincent John James Hawksworth, also Known as Vince, C.ENG, MBA, MIMinE, had been Non-Independent Director at Tilt Renewables Limited since April 1, 2020. He serves as Chief Executive Officer at Mercury...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.1yrs | NZ$3.36m | 0.019% NZ$ 1.1m | |
| Chief Financial Officer | no data | no data | no data | |
| Executive General Manager of People Experience & Technology | less than a year | no data | no data | |
| Head of Business Performance & Investor Relations | no data | no data | no data | |
| Company Secretary & General Counsel | no data | no data | no data | |
| Head of Communications | no data | no data | no data | |
| Executive General Manager of Sustainability | 3.1yrs | no data | 0% NZ$ 0 | |
| Head of Integration | no data | no data | no data | |
| General Manager of Generation | 3.3yrs | no data | no data |
3.2yrs
Average Tenure
Experienced Management: MGHT.F's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | no data | 0.0020% NZ$ 113.2k | |
| Independent Non-Executive Chair | 6.6yrs | NZ$127.90k | 0.0035% NZ$ 193.0k | |
| Independent Director | 1.6yrs | NZ$95.58k | no data | |
| Independent Non-Executive Director | 11.9yrs | NZ$137.00k | 0.0029% NZ$ 161.2k | |
| Independent Director | less than a year | no data | 0.00030% NZ$ 16.7k | |
| Independent Non-Executive Director | 8.7yrs | NZ$113.00k | 0.00016% NZ$ 8.9k | |
| Independent Director | 1.6yrs | NZ$93.33k | 0.00039% NZ$ 21.8k | |
| Independent Non-Executive Director | 4.2yrs | NZ$116.00k | 0.0012% NZ$ 65.3k |
2.9yrs
Average Tenure
Experienced Board: MGHT.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.