Aveng Management
Management criteria checks 2/4
Aveng's CEO is Scott Cummins, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is A$2.82M, comprised of 44% salary and 56% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth ZAR13.94M. The average tenure of the management team and the board of directors is 1.9 years and 4.3 years respectively.
Key information
Scott Cummins
Chief executive officer
AU$2.8m
Total compensation
| CEO salary percentage | 44.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.9% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.3yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | AU$3m | AU$1m | AU$26m |
| Mar 31 2024 | n/a | n/a | -AU$33m |
| Dec 31 2023 | n/a | n/a | -AU$89m |
| Sep 30 2023 | n/a | n/a | -AU$91m |
| Jun 30 2023 | AU$2m | AU$1m | -AU$92m |
| Mar 31 2023 | n/a | n/a | -AU$41m |
| Dec 31 2022 | n/a | n/a | AU$9m |
| Sep 30 2022 | n/a | n/a | AU$9m |
| Jun 30 2022 | AU$2m | AU$1m | AU$9m |
| Mar 31 2022 | n/a | n/a | AU$31m |
| Dec 31 2021 | n/a | n/a | AU$49m |
| Sep 30 2021 | n/a | n/a | AU$71m |
| Jun 30 2021 | AU$2m | AU$1m | AU$92m |
| Dec 31 2020 | n/a | n/a | -AU$34m |
| Sep 30 2020 | n/a | n/a | -AU$51m |
| Jun 30 2020 | AU$1m | AU$1m | -AU$69m |
| Dec 31 2019 | n/a | n/a | -AU$28m |
| Sep 30 2019 | n/a | n/a | -AU$59m |
| Jun 30 2019 | AU$140k | AU$113k | -AU$94m |
| Dec 31 2018 | n/a | n/a | -AU$174m |
| Sep 30 2018 | n/a | n/a | -AU$138m |
| Jun 30 2018 | AU$2m | AU$1m | -AU$104m |
Compensation vs Market: Scott's total compensation ($USD1.76M) is above average for companies of similar size in the ZA market ($USD359.98K).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Cummins (61 yo)
less than a year
Tenure
AU$2,818,000
Compensation
Mr. Scott Vincent Cummins is Executive Director at Aveng Limited since November 22, 2023 and is its CEO since March 1, 2024. He was CEO of Mcconnell Dowell Corporation Ltd of Aveng Limited from November 22...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director & Group CEO | less than a year | AU$2.82m | 0.88% ZAR 13.9m | |
| Group CFO | 10.3yrs | AU$1.51m | 1.22% ZAR 19.3m | |
| Chief Operating Officer | no data | AU$1.42m | 0.46% ZAR 7.3m | |
| Chief Strategy Officer & Chief People Officer | no data | AU$1.08m | 0.036% ZAR 562.6k | |
| Chief Engineering & Innovation Officer | no data | AU$990.00k | 0.034% ZAR 532.5k | |
| Chief Commercial Officer | no data | AU$1.06m | 0.018% ZAR 285.0k | |
| MD of Aveng Water & Strategy Executive of Aveng Grinaker-LTA | no data | no data | no data | |
| Managing Director of Moolmans | 1.9yrs | no data | no data | |
| Managing Director of McConnell Dowell New Zealand & Pacific | no data | no data | no data | |
| Managing Director of McConnell Dowell Australia | no data | no data | no data | |
| Managing Director Built Environs | no data | no data | no data | |
| Managing Director of McConnell Dowell Southeast Asia | no data | no data | no data |
1.9yrs
Average Tenure
56yo
Average Age
Experienced Management: AEG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director & Group CEO | 1.1yrs | AU$2.82m | 0.88% ZAR 13.9m | |
| Group CFO | 10.3yrs | AU$1.51m | 1.22% ZAR 19.3m | |
| Independent Non-Executive Director | 1.4yrs | AU$183.00k | no data | |
| Non-Executive Director | 9.1yrs | AU$2.92m | 1.22% ZAR 19.2m | |
| Independent Non-Executive Director | 1.8yrs | AU$112.14k | no data | |
| Independent Non-Executive Director | 3.6yrs | AU$134.93k | no data | |
| Lead Independent Non-Executive Director | 5.1yrs | AU$116.84k | no data | |
| Independent Chairman | 9.3yrs | AU$261.53k | 0.038% ZAR 597.1k |
4.3yrs
Average Tenure
62yo
Average Age
Experienced Board: AEG's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 15:21 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aveng Limited is covered by 21 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anashrin Pillay | Afrifocus Securities (Pty) Ltd. |
| Thomas Renaud | ARROWHEAD Business and Investment Decisions, LLC |
| Garth Arenz | Avior Capital Markets |