Forum Topics EVS EVS Management Ownership

Pinned straw:

Added 10 months ago

Inside Ownership       Ordinary Shares    Net Value at $0.09

Jason Cooper              1,150,000                    $103,500

David Johnstone         7,033,016                    $632,971

Sue Klose                     1,000,000                    $90,000

Stuart Bland                650,194                       $58,517

Colby Manwaring        272,846                       $24,556

Total                            10,106,056                  $909,545

*Note Inside Ownership of % of total share below 1% of total shares on issue so not included in table above.

Summary Management Bio from EVS webpage.

Jason Cooper – Managing Director & CEO

Mr. Cooper joined Envirosuite in July 2020 as chief operating officer, was appointed as Chief Executive Officer in March 2021 and appointed Managing Director March 2022. Since joining Envirosuite, Mr Cooper has been instrumental in driving the strategy for the Company during the backdrop of the COVID-19 pandemic. In this time, he finalised the integration of the major acquisition, commercialised EVS water nationally and internationally while driving growth across all product lines and regions.Jason is a highly regarded and well-respected industry leader with more than 20 years’ experience in the technology sector. He has had broad experience working in senior executive roles in both multi-national and start-up environments. During his career he has held senior roles across sales, operations and general management in the Silicon Valley, London, and Melbourne. Jason holds an executive MBA in Entrepreneurship and Innovation from HEC, France.

https://www.asx.com.au/asxpdf/20220223/pdf/4568f802457f05.pdf

https://www.asx.com.au/asxpdf/20210226/pdf/44t454mg5smsvq.pdf


David Johnstone – Non Executive Chairman

David is an experienced executive and chairman who has been actively involved in business for more than 35 years, successfully starting, owning and operating a vast range of businesses. David joined the Board as a non-executive Director in February 2014 and was appointed Chairman in September 2016.David also Chairs Cooper Investors, a specialist equity investor group with in excess of $12bn in funds under management, and Sports Club HQ a technology company that specialises in managing the Registration and Competition Management data requirements for Sporting clubs and associations. David is also a non-executive director of Southern Cross Partners and is an Advisory Board Member to NexPay. David has also served as both a director, non-executive director, Chair and advisor to both public and private companies in the technology, communications, finance, wealth management, insurance, risk management and sporting sectors.


Sue Klose – Non-executive Director

Sue Klose is an experienced non-executive director and executive, with a diverse background in digital business growth and operations, corporate development, strategy and marketing. Sue was previously the Head of Digital and Chief Marketing Officer (CMO) of GraysOnline and Director of Digital Corporate Development for News Ltd. 

She is currently a non-executive director of Nearmap (ASX: NEA), Pureprofile (ASX: PPL), Halo Food Co. (ASX: HLF) as well as a number of unlisted groups.

Sue has an MBA in Finance, Strategy and Marketing from the JL Kellogg School of Management at Northwestern University, and a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania. 


Stuart Bland – Non-executive Director

Stuart has over 30 years’ broad commercial experience primarily in global SaaS businesses undergoing high rates of growth. His industry experience includes technology (fintech, knowledge management), defence, sport, telecommunications, biotechnology and wine. 

Stuart’s executive experience includes 14 years as Chief Financial Officer at Iress Ltd (ASX:IRE) and Chief Financial Offer roles at Melbourne IT Ltd and Panviva Pty Ltd. Stuart is currently a member of the Advisory Board to Cablex Pty Ltd, as well as consulting to a number of other Boards.


Colby Manwaring – Non-executive Director

Colby is an experienced board member and executive with a proven track record of driving growth in technology companies in Australia, UK, Spain, and several USA locations. Colby’s most recent executive roles included CEO of multi-national infrastructure analytics software company, Innovyze, which subsequently sold to software giant Autodesk in 2021 for $1Bn USD ($1.55Bn AUD), where he continued as a Vice President.  Colby has successfully aligned organic growth initiatives to product and people resources to deliver balanced growth and profitability outcomes. He has also led buy-side and sell-side M&A initiatives for six businesses, in addition to advising on due diligence and integration planning of over 30 others. Colby is a licensed Professional Engineer and holds a BS and MS in Civil and Environmental Engineering from Brigham Young University, as well as a Minor of Engineering Business Administration from the Brigham Young University Marriott School of Management.

Strawman
Added 10 months ago

Woefully low insider ownership, imo. Especially for the CEO who is on >$360k (plus a further $180k if short term incentives are met), and especially given most shares were acquired as performance rights (ie. not paid for out of pocket).

All the investor relations fluff in the world pails into insignificance next to material, on-market purchases. Money talks, and BS walks.

It's not a deal breaker, but it does irk me a little.

27

RhinoInvestor
Added 10 months ago

I’m with you … not much skin in the game. A few more shares and maybe I could qualify for a position in the management team.

Do they have a significant number of performance options that might be skewing this? … haven’t had a chance to look.

13