In 2015 Vik Bansal was appointed CEO of Cleanaway Waste Management Limited (ASX:CWY). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we will consider the growth in the business. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This method should give us information to assess how appropriately the company pays the CEO.

View our latest analysis for Cleanaway Waste Management

How Does Vik Bansal's Compensation Compare With Similar Sized Companies?

At the time of writing, our data says that Cleanaway Waste Management Limited has a market cap of AU$4.0b, and reported total annual CEO compensation of AU$4.4m for the year to June 2019. While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at AU$1.3m. We note that more than half of the total compensation is not the salary; and performance requirements may apply to this non-salary portion. We examined companies with market caps from AU$3.0b to AU$9.5b, and discovered that the median CEO total compensation of that group was AU$3.2m.

As you can see, Vik Bansal is paid more than the median CEO pay at companies of a similar size, in the same market. However, this does not necessarily mean Cleanaway Waste Management Limited is paying too much. We can get a better idea of how generous the pay is by looking at the performance of the underlying business.

You can see a visual representation of the CEO compensation at Cleanaway Waste Management, below.

Is Cleanaway Waste Management Limited Growing?

Cleanaway Waste Management Limited has increased its earnings per share (EPS) by an average of 25% a year, over the last three years (using a line of best fit). Its revenue is up 33% over last year.

This shows that the company has improved itself over the last few years. Good news for shareholders. It's great to see that revenue growth is strong, too. These metrics suggest the business is growing strongly. It could be important to check this free visual depiction of what analysts expect for the future.

Has Cleanaway Waste Management Limited Been A Good Investment?

Most shareholders would probably be pleased with Cleanaway Waste Management Limited for providing a total return of 81% 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...

We compared the total CEO remuneration paid by Cleanaway Waste Management Limited, and compared it to remuneration at a group of similar sized companies. Our data suggests that it pays above the median CEO pay within that group.