Empiric Student Property Management
Management criteria checks 1/4
Empiric Student Property's CEO is Duncan Garrood, appointed in Sep 2020, has a tenure of 3.67 years. total yearly compensation is £1.51M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth £84.73K. The average tenure of the management team and the board of directors is 1.7 years and 3.1 years respectively.
Key information
Duncan Garrood
Chief executive officer
UK£1.5m
Total compensation
| CEO salary percentage | 28.2% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.1yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£2m | UK£426k | UK£53m |
| Sep 30 2023 | n/a | n/a | UK£38m |
| Jun 30 2023 | n/a | n/a | UK£22m |
| Mar 31 2023 | n/a | n/a | UK£45m |
| Dec 31 2022 | UK£736k | UK£410k | UK£68m |
| Sep 30 2022 | n/a | n/a | UK£80m |
| Jun 30 2022 | n/a | n/a | UK£93m |
| Mar 31 2022 | n/a | n/a | UK£61m |
| Dec 31 2021 | UK£492k | UK£400k | UK£29m |
| Sep 30 2021 | n/a | n/a | UK£13m |
| Jun 30 2021 | n/a | n/a | -UK£3m |
| Mar 31 2021 | n/a | n/a | -UK£13m |
| Dec 31 2020 | UK£405k | UK£102k | -UK£24m |
Compensation vs Market: Duncan's total compensation ($USD1.93M) is above average for companies of similar size in the UK market ($USD1.36M).
Compensation vs Earnings: Duncan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Duncan Garrood (65 yo)
3.7yrs
Tenure
UK£1,513,919
Compensation
Mr. Duncan Garrood has been the Chief Executive Officer and Director of Empiric Student Property Plc since September 28, 2020. Mr. Garrood has been a Non-Executive Director of Ultra Global Limited (alterna...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | UK£1.51m | 0.015% £ 84.7k | |
| Chief Financial & Sustainability Officer and Executive Director | 1.7yrs | UK£556.01k | 0.0055% £ 30.2k | |
| Chief Operating Officer | less than a year | no data | no data | |
| Company Secretary | less than a year | no data | no data | |
| Consultant and Acquisitions Manager | 9.7yrs | no data | no data | |
| Consultant | no data | no data | no data |
1.7yrs
Average Tenure
Experienced Management: ESP's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | UK£1.51m | 0.015% £ 84.7k | |
| Chief Financial & Sustainability Officer and Executive Director | 1.7yrs | UK£556.01k | 0.0055% £ 30.2k | |
| Independent Non-Executive Chairman | 5.7yrs | UK£115.00k | 0.017% £ 91.0k | |
| Senior Independent Director | 5.2yrs | UK£52.50k | 0.0089% £ 48.8k | |
| Independent Non-Executive Director | 2.6yrs | UK£48.00k | no data | |
| Independent Non-Executive Director | 1.8yrs | UK£40.00k | no data |
3.1yrs
Average Tenure
55.5yo
Average Age
Experienced Board: ESP's board of directors are considered experienced (3.1 years average tenure).