Key Insights

Accent Group to hold its Annual General Meeting on 16th of November CEO Daniel Agostinelli's total compensation includes salary of AU$1.28m Total compensation is 46% above industry average Accent Group's total shareholder return over the past three years was 42% while its EPS grew by 15% over the past three years

Under the guidance of CEO Daniel Agostinelli, Accent Group Limited (ASX:AX1) has performed reasonably well recently. This is something shareholders will keep in mind as they cast their votes on company resolutions such as executive remuneration in the upcoming AGM on 16th of November. However, some shareholders will still be cautious of paying the CEO excessively.

View our latest analysis for Accent Group

How Does Total Compensation For Daniel Agostinelli Compare With Other Companies In The Industry?

Our data indicates that Accent Group Limited has a market capitalization of AU$1.1b, and total annual CEO compensation was reported as AU$3.8m for the year to July 2023. That's a notable increase of 37% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at AU$1.3m.

In comparison with other companies in the Australian Specialty Retail industry with market capitalizations ranging from AU$625m to AU$2.5b, the reported median CEO total compensation was AU$2.6m. Accordingly, our analysis reveals that Accent Group Limited pays Daniel Agostinelli north of the industry median. What's more, Daniel Agostinelli holds AU$36m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component 2023 2022 Proportion (2023) Salary AU$1.3m AU$1.4m 34% Other AU$2.5m AU$1.4m 66% Total Compensation AU$3.8m AU$2.8m 100%

On an industry level, roughly 53% of total compensation represents salary and 47% is other remuneration. It's interesting to note that Accent Group allocates a smaller portion of compensation to salary in comparison to the broader industry. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

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Accent Group Limited's Growth

Accent Group Limited has seen its earnings per share (EPS) increase by 15% a year over the past three years. In the last year, its revenue is up 25%.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.

Has Accent Group Limited Been A Good Investment?

Most shareholders would probably be pleased with Accent Group Limited for providing a total return of 42% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

In Summary...

Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, if the board proposes to increase the compensation, some shareholders might have questions given that the CEO is already being paid higher than the industry.

While it is important to pay attention to CEO remuneration, investors should also consider other elements of the business. That's why we did some digging and identified 3 warning signs for Accent Group that investors should think about before committing capital to this stock.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this freelist of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.