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Navigator Global Investments Ltd ( (AU:NGI) ) just unveiled an announcement.
Navigator Global Investments Ltd has announced significant changes to its board composition and CEO remuneration structure. Michael Shepherd, the long-serving Chair, will retire in November 2025, with Roger Davis set to succeed him. Additionally, Sean McGould will step down as a director but continue as CEO and CIO of Lighthouse. Ross Zachary will be appointed as an Executive Director. The CEO’s remuneration package has been revised to align with industry standards, increasing the short-term incentive potential and incorporating deferred equity to align with shareholder outcomes.
The most recent analyst rating on (AU:NGI) stock is a Buy with a A$2.02 price target. To see the full list of analyst forecasts on Navigator Global Investments Ltd stock, see the AU:NGI Stock Forecast page.
More about Navigator Global Investments Ltd
Navigator Global Investments Ltd is a diversified global alternative asset management company that partners with leading investment firms worldwide. The company focuses on acquiring minority stakes in alternative asset partner firms and has a strong presence in the financial services sector.
YTD Price Performance: 13.66%
Average Trading Volume: 492,298
Technical Sentiment Signal: Buy
Current Market Cap: A$958.1M
See more data about NGI stock on TipRanks’ Stock Analysis page.