Virgin Money UK PLC

CHIA:VUK Stock Report

Market Cap: AU$5.3b

Virgin Money UK Management

Management criteria checks 3/4

Virgin Money UK's CEO is David Duffy, appointed in Oct 2015, has a tenure of 8.58 years. total yearly compensation is £2.65M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth A$6.51M. The average tenure of the management team and the board of directors is 3.2 years and 5.6 years respectively.

Key information

David Duffy

Chief executive officer

UK£2.7m

Total compensation

CEO salary percentage39.9%
CEO tenure8.6yrs
CEO ownership0.1%
Management average tenure3.2yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Duffy's remuneration changed compared to Virgin Money UK's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023UK£3mUK£1m

UK£192m

Jun 30 2023n/an/a

UK£307m

Mar 31 2023n/an/a

UK£421m

Dec 31 2022n/an/a

UK£444m

Sep 30 2022UK£2mUK£1m

UK£467m

Jun 30 2022n/an/a

UK£510m

Mar 31 2022n/an/a

UK£553m

Dec 31 2021n/an/a

UK£474m

Sep 30 2021UK£3mUK£1m

UK£395m

Jun 30 2021n/an/a

UK£117m

Mar 31 2021n/an/a

-UK£162m

Dec 31 2020n/an/a

-UK£191m

Sep 30 2020UK£1mUK£1m

-UK£220m

Jun 30 2020n/an/a

-UK£247m

Mar 31 2020n/an/a

-UK£274m

Dec 31 2019n/an/a

-UK£263m

Sep 30 2019UK£3mUK£1m

-UK£253m

Jun 30 2019n/an/a

-UK£166m

Mar 31 2019n/an/a

-UK£80m

Dec 31 2018n/an/a

-UK£127m

Sep 30 2018UK£2mUK£1m

-UK£174m

Jun 30 2018n/an/a

-UK£63m

Mar 31 2018n/an/a

UK£47m

Dec 31 2017n/an/a

UK£100m

Sep 30 2017UK£2mUK£1m

UK£153m

Compensation vs Market: David's total compensation ($USD3.32M) is above average for companies of similar size in the Australian market ($USD2.18M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

CEO

David Duffy (62 yo)

8.6yrs

Tenure

UK£2,651,000

Compensation

Mr. David Joseph Duffy, B.B.S., MA, serves as Executive Director at Virgin Money Plc since October 15, 2018 and serves as its Chief Executive Officer. He joined Virgin Money Plc in June 2015. Mr. Duffy ser...

Leadership Team

NamePositionTenureCompensationOwnership
David Duffy
CEO & Executive Director8.6yrsUK£2.65m0.12%
£ 6.5m
Clifford Abrahams
CFO & Executive Director3.2yrsUK£974.00k0.020%
£ 1.0m
Sarah Wilkinson
Chief Operating Officer1.3yrsno datano data
Richard Smith
Head of Investor Relationsno datano datano data
James Peirson
General Counsel & Purpose Officer9.5yrsno data0.027%
£ 1.5m
Syreeta Brown
Group Chief People & Communications Officer2.5yrsno data0.020%
£ 1.0m
Hugh Chater
Senior Adviser3.3yrsno datano data
Susan Poot
Group Chief Risk Officer2.3yrsno datano data
Matthew Harrison
Head of Treasury Debt Capital Marketsno datano datano data
Allegra Patrizi
Managing Director of Business & Commercial1.3yrsno datano data
Lorna McMillan
Group Company Secretary9.6yrsno datano data
Justin Fox
Group Treasurerno datano datano data

3.2yrs

Average Tenure

53yo

Average Age

Experienced Management: VUK's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Duffy
CEO & Executive Director8.6yrsUK£2.65m0.12%
£ 6.5m
Clifford Abrahams
CFO & Executive Director3.2yrsUK£974.00k0.020%
£ 1.0m
Sara Weller
Non-Executive Director1.6yrsno data0.0019%
£ 102.8k
David Bennett
Non Executive Chairman8.6yrsUK£409.00k0.0031%
£ 166.2k
Darren Pope
Independent Non-Executive Director5.6yrsUK£163.00k0.00091%
£ 48.5k
Geeta Gopalan
Independent Non-Executive Director5.8yrsUK£155.00k0.00061%
£ 32.5k
Timothy Wade
Senior Independent Non-Executive Director7.7yrsUK£194.00k0.0039%
£ 207.7k
Elena Novokreshchenova
Independent Non-Executive Director3.2yrsUK£142.00kno data
Lucinda Charles-Jones
Independent Non-Executive Directorless than a yearno datano data

5.6yrs

Average Tenure

59yo

Average Age

Experienced Board: VUK's board of directors are considered experienced (5.6 years average tenure).

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