Amarjeet Singh
About Amarjeet Singh
Amarjeet Singh, 42, is Chief Financial Officer of Australian Oilseeds Holdings Limited (NASDAQ: COOT), appointed effective February 28, 2025. He is a Chartered Accountant (Institute of Chartered Accountants of India, 2007) with two decades of agri-commodities and manufacturing finance experience, including leadership roles at Mewah International subsidiaries; the Board and company designated him as a management proxyholder for the July 2025 EGM . Filings reviewed do not disclose TSR, revenue growth, or EBITDA growth performance metrics linked to Singh’s pay; neither the employment agreement nor the latest proxy specifies bonus targets or PSU/TSR frameworks for him .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| MOI International Pty Ltd (Mewah International subsidiary) | Head of Finance | 2018–2025 | Led finance for listed agri-business subsidiary; responsibilities in FP&A, consolidation, treasury, MIS . |
| Mewah Oils & Fats (Mewah International subsidiary) | Manager, Accounts & Treasury | 2011–2017 | Managed group reporting and treasury under Singapore FRS and group policies . |
| Rosenfeld Kant & Co. | Accountant and Auditor | 2017–2018 | Managed diversified client portfolio; reporting, consolidation, cash flow management, tax compliance . |
| General Electric | Finance roles | 2008–2011 | SEC filings and financial analysis for GE and subsidiaries . |
| Snap‑On Tools | Finance roles | 2008–2011 | Progressive responsibility in finance and accounting . |
| BDO Lodha & Co. | Audit Senior | 2004–2007 | External audit foundation; assurance over diverse clients . |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No public company directorships or external board roles disclosed in filings reviewed . |
Fixed Compensation
| Component | Terms | Notes |
|---|---|---|
| Base Salary | AUD 170,000 annually, increasing to AUD 180,000 after 3 months | Reviewable annually by the Compensation Committee . |
| Benefits/Perquisites | Eligible for company fringe benefits/perquisites similar to peers | Subject to plan eligibility and company policies . |
| Employee Benefits | Participation in all employee benefit plans for similarly situated executives | Company may amend/terminate plans per terms and law . |
| Paid Leave | 21 days paid vacation per year (prorated), plus standard paid holidays | Accrued like annual leave; excludes medical leaves . |
| Expense Reimbursement | Business, entertainment, travel expenses reimbursed per policy | Standard company expense policies . |
| Work Location | 2/100 Park Road, Slacks Creek QLD 4127, Australia; travel as required | Principal place of employment . |
Performance Compensation
| Incentive Type | Metric(s) | Target | Actual/Payout | Vesting/Notes |
|---|---|---|---|---|
| Annual Cash Bonus | Not disclosed | Not disclosed | Not disclosed | No bonus framework disclosed for Singh in filings reviewed . |
| RSUs/PSUs | Not disclosed | Not disclosed | Not disclosed | Eligible to participate in 2023 Equity Incentive Plan; no named grant disclosed to date . |
| Stock Options | Not disclosed | Not disclosed | Not disclosed | No outstanding executive equity awards as of 6/30/24; Singh joined after that date . |
| Performance Metrics/Weighting | Not disclosed | — | — | No revenue/EBITDA/TSR or ESG metric framework disclosed for Singh . |
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Total Beneficial Ownership | None reported as of March 20, 2025; “less than 1%” of outstanding shares . |
| Ownership as % Outstanding | <1% . |
| Vested vs. Unvested Shares | Not disclosed . |
| Options (Exercisable/Unexercisable) | Not disclosed; no outstanding equity awards as of FY24 year-end . |
| Pledging/Hedging | Insider Trading Policy prohibits short sales, options, and hedging (e.g., cashless collars); the policy section addresses hedging and pledging transactions, though the excerpt explicitly lists hedging/short-term trading prohibitions; no pledging by Singh disclosed . |
| Ownership Guidelines | No executive stock ownership multiple disclosed . |
| Compliance Status | Not disclosed. |
Employment Terms
| Term | Detail |
|---|---|
| Effective Date | February 28, 2025 . |
| Role/Reporting | Chief Financial Officer; reports to the Board |
| Contract Term | Auto-renews annually on each anniversary unless either party gives 30+ days’ notice not to renew |
| Notice Periods | Four weeks’ written notice by either party per Australia’s Fair Work Act/NES; employee resignation requires 60 days’ notice unless waived by company |
| Severance – Without Cause or for Good Reason | Accrued amounts plus a lump sum equal to three months of base salary, contingent on signing a release |
| In‑Lieu‑of‑Notice Option | Agreement text includes an option for the company to pay a lump sum equal to six months’ base salary in lieu of the minimum notice (as bracketed in the filed agreement) |
| Cause Definition | Enumerated causes include willful failure to perform, policy violations, fraud/embezzlement, conviction of certain crimes, unauthorized disclosure, conduct causing reputational/financial harm, etc. |
| Non‑Compete | 3 years, worldwide, covering businesses in processing/manufacture/sale of non‑GMO oilseeds and food‑grade oils |
| Non‑Solicit – Employees | 12 months post‑employment . |
| Non‑Solicit – Customers | 12 months post‑employment . |
| Non‑Disparagement | Mutual obligations; exceptions for legal compliance/whistleblower rights . |
| Clawback | Company adopted a clawback policy on April 10, 2024, for erroneously awarded incentive pay for 3 years prior to a restatement and for misconduct |
| Change‑of‑Control | No specific CoC severance multiple or equity acceleration terms disclosed in agreement; equity treatment subject to plan terms |
| Governing Law/Venue | Australia; courts in New South Wales . |
Governance Context (Company-Level)
- Independence: Board determined CFO Amarjeet Singh (and CEO) are not independent directors; other directors are independent under SEC/Nasdaq rules .
- Compensation oversight: Compensation Committee (independent directors) oversees executive pay and clawback; chaired by Kapil Singh .
- Trading policy: Prohibits short-term/speculative trading, short sales, options, and hedging transactions .
Performance & Track Record
- Appointment and transition: Singh appointed CFO effective Feb 28, 2025, replacing Bob Wu; company cited his “proven track record of driving growth and productivity” in agri-finance contexts (press release) .
- Company listing/compliance backdrop: In July 2025, company sought shareholder approval for a reverse share split (1-for-2 to 1-for-8) to aid Nasdaq minimum bid price compliance amid listing deficiencies (minimum bid and stockholders’ equity) .
Note: No TSR or operational performance metrics tied to Singh’s compensation disclosed in filings reviewed .
Investment Implications
- Pay-for-performance alignment: As of the filings reviewed, Singh’s package is predominantly fixed cash (AUD 170k→180k base) with eligibility for equity but no disclosed grants or bonus targets; absent disclosed performance metrics, near-term pay-for-performance linkage appears limited until equity and bonus frameworks are detailed .
- Retention risk vs. restrictions: Severance protection is modest (3 months base salary), while restrictive covenants are stringent (3‑year non‑compete; 12‑month non‑solicits), potentially limiting external mobility but offering limited downside protection—watch for future amendments or equity awards to balance retention and alignment .
- Selling pressure/ownership alignment: Singh reported no beneficial ownership as of March 20, 2025, implying minimal immediate insider selling pressure but also limited “skin‑in‑the‑game” until equity awards are granted .
- Governance safeguards: Prohibitions on hedging and a clawback policy support investor alignment and recourse; pledging prohibitions were not expressly detailed in the excerpt, though the section heading references hedging and pledging .
- Company backdrop: Ongoing Nasdaq compliance efforts and a proposed reverse split frame the operating and capital markets context into which the new CFO steps; execution on capital structure, reporting, and internal controls will be focal under Singh’s remit .
Appendix: Key Citations
- Executive appointment and agreement: 8‑K (Item 5.02) and Employment Agreement EX‑10.1 .
- Biography and executive roster: DEF 14A (Mar 21, 2025), Executive Officers section .
- Beneficial ownership: DEF 14A (Mar 21, 2025) ownership table; DEF 14A (Jul 14, 2025) EGM proxy ownership table .
- Governance policies (hedging/clawback) and committees: DEF 14A (Mar 21, 2025) .
- EGM/reverse split and Nasdaq deficiencies: DEF 14A (Jul 14, 2025) .
- Proxyholder designation: DEF 14A (Jul 14, 2025) .