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Sims Limited (SGM.AX)

ASX - ASX Delayed price. Currency in AUD
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12.72+0.40 (+3.25%)
At close: 04:10PM AEDT

Sims Limited

189 O’Riordan Street
Level 9
Mascot, NSW 2020
Australia
61 2 8113 1600
https://www.simsmm.com

Sector(s)Basic Materials
IndustrySteel
Full-time employees4,605

Key executives

NameTitlePayExercisedYear born
Mr. Stephen John Mikkelsen BBS, CAGroup CEO, Director & MD1.54MN/A1964
Mr. John GlydeGlobal Chief Operating Officer of Sims Metal1.2MN/AN/A
Mr. Robert ThompsonGlobal Chief Commercial Officer - Sims Metal2.31MN/AN/A
Mr. Warrick R. J. Ranson BBus (Acc.), F.C.A., GAICD, M.B.A.Group Chief Financial OfficerN/AN/A1966
Ms. Gretchen Johanns B.A., J.D.Group General Counsel & Company SecretaryN/AN/AN/A
Réal Hamilton-RomeoGlobal Head of Communications & MarketingN/AN/AN/A
Mr. M. Bradley BakerGroup Chief Human Resources OfficerN/AN/AN/A
Ms. Ingrid SinclairGlobal President of Sims Lifecycle ServicesN/AN/AN/A
Mr. Richard BrierleyAssistant Company SecretaryN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh, China, Turkey, the United States, and internationally. The company operates through six segments: North America Metals, Investment in SA Recycling, Australia/New Zealand Metals, UK Metals, Global Trading, and Sims Lifecycle Services. It is involved in the collection, processing, and trading of iron and steel secondary raw materials; and other metal alloys and residues, principally aluminum, lead, copper, zinc, and nickel bearing materials. The company also engages in the provision of environmentally responsible solutions for the disposal of post-consumer electronic products, such as information technology assets recycled for commercial customers; and environmentally responsible recycling of negative value materials, including electronic equipment. In addition, it provides secondary processing and other services comprising recycling of municipal curbside materials, stevedoring, and other sources of service. The company was founded in 1917 and is headquartered in Mascot, Australia.

Corporate governance

Sims Limited’s ISS governance QualityScore as of 1 March 2024 is 9. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.