AUSTRALIA | NEW ZEALAND | SINGAPORE
Board Advisors & Remuneration Specialists
On 30 June, 2025 we will cease operations after 32 years in business. It’s been quite a journey. During this time we’ve had the good fortune to working with
over 1200 organisations across Australia, Singapore and New Zealand. Most of this work has been around board, CEO and executive remuneration. We’ve also been involved in lots of organisational capability and corporate governance projects. Thanks to all the amazing people we’ve had the opportunity to work with. They’re too numerous to name here but they know who they are.
The Utilities and Renewables Benchmarking has been discontinued and the 2024 reports are the final in the series. We’re still offering limited services to 30 June, 2025 as listed in the adjacent table. So contact by email Geoff at: gtnunn@gna.net.au if you require advice or assistance.
Major governance and risk issues continue to emerge on the world stage and we’re feeling the ripple effects here in Australia. From our perspective, some of the issues are detailed here: Issues 2025. See also our latest Governance Update February 2025. We’ve included some of our personal history in this newsletter.
Geoff Nunn & Associates: The End of an Era
We Will Cease Providing Services 30.6.2025
Until then these services remain available:
-
Executive Remuneration remains a key corporate governance priority. How a company pays its CEO and executive team impacts on its capacity to attract the best people and to motivate them to maintain focus on critical business objectives. There is no one size that fits all. Executive remuneration strategy needs to be targeted, transparent and aligned to the market in which the company operates.
For more on Executive Remuneration see the Remuneration Advisory menu.
-
CEO and executive remuneration systems need to be congruent with company values, so that what you say and what you do are connected. There is a way. A model that supports transition to an ethical remuneration process. A win-win that leads the way toward truly sustainable and renewable practices that benefit all stakeholders.
For more on Variable Reward Plans see the Remuneration Advisory menu.
-
Non-executive directors add value to organisations through governance, strategy and specialist expertise. Directors fees need to be equitable and appropriate for company size and the market in which it operates.
For more on board remuneration strategy see the Remuneration Advisory menu.:
Providing Expert Advice to Boards, Directors and CEOs.
We specialise in working with boards, directors and CEOs in the areas of board and executive / KMP remuneration strategy development, corporate governance, board advisory, board dynamics and board structures.
Geoff Nunn & Associates was established in 1993 as an independent provider of board advisory and executive remuneration services to the government and corporate sectors. Over the last 30 years we have worked with over 1,200 companies and government entities in Australia & New Zealand on board, CEO & Executive Salaries.
TAILORED REMUNERATION SOLUTIONS: UTILITY & RENEWABLE COMPANIES
Over the past three years we’ve expanded our analysis of board, CEO and executive remuneration in the Utilities & Renewable Sectors. Our database enables tailored benchmarking, remuneration strategy and remuneration structure design focused on delivering sustainable outcomes. If you under invest in executive remuneration you’ll have difficulty attracting and retaining the best talent. If you over invest you’ll waste financial resources. Striking the right balance is key to an effective strategy.
Our Remuneration Advisory and Market Intelligence services include:
-
Executive Remuneration Strategy
Executive Remuneration is a critical corporate governance issue. How a company pays its CEO and executive team impacts on its capacity to attract the best people and to motivate them to maintain focus on critical business objectives. There is no one size that fits all.
-
Tailored Remuneration Solutions
Since the early 1990s we’ve helped a diverse range of companies across Australia and Singapore on issues of board, CEO and executive remuneration. Each organisation’s operating environment is unique and remuneration strategy needs to reflect this.
-
Board Remuneration Strategy
Directors fees need to be equitable and appropriate for the size of the company and the market in which it operates. Directors bring their expertise to contribute to business success and ensure that governance obligations are met. This needs to be recognised and rewarded.
-
Remuneration Governance Processes
The Corporations Act 2001 places obligations on the boards of listed companies to ensure that their remuneration decisions are made in a responsible and ethical manner. Many other private and government owned entities follow the same principals as set out in the Act and ASX Principle 8.
-
Applied Intelligence
We monitor KPI reporting across the Utilities Sector and can provide your company with a benchmark analysis. KPI metrics provide a useful snapshot. But they do not tell the full story. Boards, Remuneration Committees and CEOs need to look beyond the numbers and delve deep into the heart of KPI results.
-
Bespoke Analysis
Each year we analyse data from around 70 utility companies. Our primary focus is on our core expertise; remuneration for directors, CEOs and the executive team. In the process we gather specific data on: The Quantum of Board, CEO and Executive Remuneration, How Companies Structure Executive Packages, Levels of STI and LTI “At Risk” Remuneration and other vital information.
OUR Core Purpose
Our Core Purpose is to work with boards, remuneration committees and CEOs to develop optimal board and executive remuneration strategies which balance the interests of all stakeholder groups. In order to do this we:
Take the complexity out of remuneration strategy.
Deliver excellent results to our clients.
Support companies who focus on pollution reduction and fighting climate change.