Dicker Data to appoint Fiona Brown to managing director role

Dicker Data’s board has resolved to appoint Fiona Brown to the role of managing director, and announced changes to executive directors' short-term incentives.

Brown will remain executive chair, a role she took on after then-chairman, CEO and managing director David Dicker resigned in May 2025.

It is “now the right time to recognise her increased responsibilities”, the company stated in a statement to the ASX.

The distributor also announced that from its 2026 financial year, 30 percent of the executive directors’ short-term incentives would be deferred into share rights to fully paid ordinary shares, with half vesting after one year and half vesting after two years from the grant date.

The deferred short-term incentives will be subject to “malus” provisions, which the distributor stated would provider “greater accountability and stronger governance.”

Profit share for the short-term incentives for the executive directors is subject to the company achieving a net profit margin gateway of 2.5 percent.

The company also set out adjustments to the renumeration packages for its executive directors.