Lloyds Banking Group plc

DB:LLD2 Stock Report

Market Cap: €38.8b

Lloyds Banking Group Management

Management criteria checks 4/4

Lloyds Banking Group's CEO is Charlie Nunn, appointed in Aug 2021, has a tenure of 3.25 years. total yearly compensation is £3.68M, comprised of 30.9% salary and 69.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth €4.24M. The average tenure of the management team and the board of directors is 6.2 years and 4.1 years respectively.

Key information

Charlie Nunn

Chief executive officer

UK£3.7m

Total compensation

CEO salary percentage30.9%
CEO tenure3.3yrs
CEO ownership0.01%
Management average tenure6.2yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charlie Nunn's remuneration changed compared to Lloyds Banking Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

UK£4b

Jun 30 2024n/an/a

UK£5b

Mar 31 2024n/an/a

UK£4b

Dec 31 2023UK£4mUK£1m

UK£5b

Sep 30 2023n/an/a

UK£4b

Jun 30 2023n/an/a

UK£4b

Mar 31 2023n/an/a

UK£4b

Dec 31 2022UK£4mUK£1m

UK£3b

Sep 30 2022n/an/a

UK£3b

Jun 30 2022n/an/a

UK£4b

Mar 31 2022n/an/a

UK£5b

Jan 01 2022n/an/a

UK£5b

Compensation vs Market: Charlie's total compensation ($USD4.67M) is about average for companies of similar size in the German market ($USD4.86M).

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

CEO

Charlie Nunn (53 yo)

3.3yrs

Tenure

UK£3,681,000

Compensation

Mr. Charles Alan Nunn, also known as Charlie, has been Group Chief Executive & Executive Director at Lloyds Banking Group Plc and HBOS plc since August 16, 2021. He serves as Executive Director and Chief E...

Leadership Team

NamePositionTenureCompensationOwnership
Charles Nunn
Group Chief Executive & Executive Director3.3yrsUK£3.68m0.011%
€ 4.2m
William Leon Chalmers
Group CFO & Executive Director5.3yrsUK£3.10m0.015%
€ 5.8m
Ron Kemenade
Group Chief Operating Officer1.4yrsno datano data
Carla A. Antunes Da Silva
Director of Group Strategyno datano datano data
Catherine Cheetham
Company Secretary & Group General Counsel9.8yrsno datano data
Matt Smith
Head of Media Relationsno datano datano data
Suresh Balaji
Chief Marketing Officer1.1yrsno datano data
Sharon Doherty
Chief People & Places Officer2.4yrsno datano data
Chris Sood-Nicholls
Head of Global Services & MD11.8yrsno datano data
Stephen Shelley
Group Chief Risk Officer7.2yrsno data0.010%
€ 3.9m
Miranda Zhao
Head of U.K. Funds10yrsno datano data
Theresa Newell
Co-Head of Leveraged Credit Sales & MD9.9yrsno datano data

6.2yrs

Average Tenure

55yo

Average Age

Experienced Management: LLD2's management team is seasoned and experienced (6.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Charles Nunn
Group Chief Executive & Executive Director3.3yrsUK£3.68m0.011%
€ 4.2m
William Leon Chalmers
Group CFO & Executive Director5.3yrsUK£3.10m0.015%
€ 5.8m
Catherine Turner
Senior Independent Director2yrsUK£157.00k0.00070%
€ 271.3k
Jonathan Wheway
Non-Executive Independent Director2.3yrsUK£483.00k0.00028%
€ 108.5k
Nathan Bostock
Independent Non-Executive Directorless than a yearno datano data
Amanda Mackenzie
Independent Non-Executive Director6.1yrsUK£180.00k0.00011%
€ 42.6k
Catherine Woods
Independent Non-Executive Director4.7yrsUK£269.00k0.00020%
€ 77.5k
Robin Budenberg
Independent Chairman4.1yrsUK£631.00k0.0041%
€ 1.6m
Sarah Catherine Legg
Independent Non-Executive Director4.9yrsUK£233.00k0.00033%
€ 127.9k
Harmeen Mehta
Independent Non-Executive Director3yrsUK£103.00k0.000030%
€ 11.6k
Anish Mohammed
Lead Technical Advisor6.8yrsno datano data

4.1yrs

Average Tenure

59.5yo

Average Age

Experienced Board: LLD2's board of directors are considered experienced (4.1 years average tenure).