Chair premium analysis, gender pay gap, and per-company outlier detection across NZX boards
Median chair fee, NED fee, and chair premium percentage by GICS sector
| Sector | Chairs | Chair Median | P25-P75 | NED Median | Premium |
|---|---|---|---|---|---|
| Energy | 1 | $200K | $200K – $200K | $117K | +71% |
| Year | Chairs | Chair Median | NED Median | Premium |
|---|---|---|---|---|
| FY2022 | 61 | $116K | $86K | +36% |
| FY2023 | 74 | $120K | $97K | +24% |
| FY2024 | 83 | $154K | $91K | +69% |
| FY2025 | 92 | $164K | $100K | +64% |
Every NZX chair vs their own board's median NED fee. Sorted by premium.
| Company | Chair | Chair Fee | NED Median | NEDs | Premium | Sector |
|---|---|---|---|---|---|---|
CHI CHI | James MillerM | $200K | $117K | 7 | +71% | Energy |
Chair premium is calculated as (chair fee - median NED fee at same company) / median NED fee x 100%. This measures how much more the chair earns relative to their own board peers.
Gender pay gap compares median fees of female chairs vs male chairs across the entire NZX. This does not control for company size, sector, or tenure — differences may reflect composition effects (e.g., female chairs concentrated in smaller companies).
Data source: 5,156 remuneration records from NZX annual reports. Chair status from director appointment records. FY2026 data shown.
Data sourced from NZX annual reports, director appointment records. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.
For informational purposes only. Not investment advice.
