Ferguson Enterprises Management

Management criteria checks 4/4

Ferguson Enterprises' CEO is Kevin Murphy, appointed in Nov 2019, has a tenure of 4.75 years. total yearly compensation is $5.44M, comprised of 22% salary and 78% bonuses, including company stock and options. directly owns 0.061% of the company’s shares, worth €25.47M. The average tenure of the management team and the board of directors is 3.7 years and 5.3 years respectively.

Key information

Kevin Murphy

Chief executive officer

US$5.4m

Total compensation

CEO salary percentage	22.0%
CEO tenure	4.8yrs
CEO ownership	0.06%
Management average tenure	3.7yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Murphy's remuneration changed compared to Ferguson Enterprises's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 30 2024	n/a	n/a	US$2b
Jan 31 2024	n/a	n/a	US$2b
Oct 31 2023	n/a	n/a	US$2b
Jul 31 2023	US$5m	US$1m	US$2b
Apr 30 2023	n/a	n/a	US$2b
Jan 31 2023	n/a	n/a	US$2b
Oct 31 2022	n/a	n/a	US$2b
Jul 31 2022	US$5m	US$1m	US$2b
Apr 30 2022	n/a	n/a	US$2b
Jan 31 2022	n/a	n/a	US$2b
Oct 31 2021	n/a	n/a	US$2b
Jul 31 2021	US$5m	US$1m	US$2b
Apr 30 2021	n/a	n/a	US$1b
Jan 31 2021	n/a	n/a	US$1b
Oct 31 2020	n/a	n/a	US$1b
Jul 31 2020	US$5m	US$1m	US$973m
Jan 31 2020	n/a	n/a	US$979m
Oct 31 2019	n/a	n/a	US$1b
Jul 31 2019	US$2m	US$975k	US$1b
Apr 30 2019	n/a	n/a	US$1b
Jan 31 2019	n/a	n/a	US$941m
Oct 31 2018	n/a	n/a	US$891m
Jul 31 2018	US$2m	US$900k	US$841m

Compensation vs Market: Kevin's total compensation ($USD5.44M) is about average for companies of similar size in the German market ($USD5.04M).

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

CEO

Kevin Murphy (54 yo)

4.8yrs

Tenure

US$5,440,771

Compensation

Mr. Kevin M. Murphy serves as Independent Director of Pool Corporation since June 03, 2024. He has been Chief Executive Officer and Director of Ferguson Enterprises, Inc since August 01, 2017. Mr. Murphy s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Murphy	Group CEO & Executive Director	4.8yrs	US$5.44m	0.061% $ 25.5m
William Brundage	Group CFO & Executive Director	3.8yrs	US$2.43m	0.017% $ 7.3m
Ian Graham	Chief Legal Officer	5.3yrs	US$2.21m	0.0029% $ 1.2m
William Thees	Senior Vice President of Business & Sales	2.6yrs	US$2.22m	0.013% $ 5.2m
Richard Winckler	Chief Accounting Officer	3.6yrs	no data	0.00050% $ 207.7k
Andy Paisley	Chief Digital & Information Officer	1.6yrs	no data	no data
Brian Lantz	Vice President IR & Communications	no data	no data	no data
Michael Ward	Head of Corporate Communications	no data	no data	no data
Victoria Morrissey	Chief Marketing Officer	3.3yrs	no data	0.0016% $ 677.2k
John Wilcox	Senior Vice President of Alignment and Coordination - Wolseley North America	no data	no data	no data
Al Byrd	Senior Vice President of Supply Chain - Wolseley North America	no data	no data	no data
Julia Mattison	Head of Group Financial Reporting	6.6yrs	no data	no data

3.7yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 24W5's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Murphy	Group CEO & Executive Director	7yrs	US$5.44m	0.061% $ 25.5m
William Brundage	Group CFO & Executive Director	3.8yrs	US$2.43m	0.017% $ 7.3m
Alan Murray	Independent Non-Employee Director & Employee Engagement Director	11.6yrs	US$264.20k	0.0014% $ 589.9k
Nadia Shouraboura	Independent Non-Employee Director	7.1yrs	US$215.24k	0.00074% $ 307.4k
James Metcalf	Independent Non-Employee Director	1.5yrs	US$142.31k	0.0021% $ 880.7k
Geoffrey Drabble	Independent Non Executive Chairman	5.3yrs	US$577.91k	0.0027% $ 1.1m
Brian May	Independent Non-Employee Director	3.6yrs	US$170.16k	0.00049% $ 203.6k
Suzanne Wood	Independent Non-Employee Director	3.6yrs	US$234.87k	0.00049% $ 203.6k
Thomas Schmitt	Independent Non Employee Director	5.5yrs	US$197.06k	0.00088% $ 365.6k
Catherine Halligan	Independent Non-Employee Director	5.6yrs	US$199.16k	0.00066% $ 274.2k
Kelly Baker	Independent Non-Employee Director	3.3yrs	US$233.63k	0.00068% $ 282.5k

5.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 24W5's board of directors are considered experienced (5.3 years average tenure).

Ferguson Enterprises Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Ferguson plc, Annual General Meeting, Dec 05, 2024

Insufficient new directors

Ferguson plc, Annual General Meeting, Nov 28, 2023

High number of new directors

High number of new directors

Recent updates

Ferguson plc Announces its Intention to Pay a Third Quarter Dividend on July 31, 2024

Insufficient new directors

Third quarter dividend of US$0.79 announced

New minor risk - Dividend sustainability

Ferguson plc, Annual General Meeting, Dec 05, 2024

Third quarter 2024 earnings released: EPS: US$2.19 (vs US$1.64 in 3Q 2023)

Ferguson plc Updates Earnings Guidance for the Full Year 2024

Insufficient new directors

Second quarter dividend of US$0.79 announced

Ferguson plc to Report Q3, 2024 Results on Jun 04, 2024

Second quarter 2024 earnings released: EPS: US$1.58 (vs US$1.81 in 2Q 2023)

Ferguson plc (NYSE : FERG) completed the acquisition of Yorkwest Plumbing Supply Inc.

Investor sentiment improves as stock rises 16%

Ferguson plc (NYSE:FERG) signed definitive purchase agreements to acquire Grove Supply, Inc.

First quarter 2024 earnings released: EPS: US$2.55 (vs US$2.85 in 1Q 2023)

Ferguson plc to Report Q2, 2024 Results on Mar 05, 2024

Ferguson plc Declares Quarterly Cash Dividend, Payable on February 6, 2024

Full year 2023 earnings released: EPS: US$9.15 (vs US$9.64 in FY 2022)

Ferguson plc, Annual General Meeting, Nov 28, 2023

High number of new directors

Ferguson plc (NYSE:FERG) acquired The Kennedy Companies and Water Works Inc.

Ferguson plc Announces Quarterly Dividend, Payable on August 4, 2023

Ferguson plc to Report Q4, 2023 Results on Sep 26, 2023

Third quarter 2023 earnings released: EPS: US$1.64 (vs US$2.52 in 3Q 2022)

Ferguson Declares Quarterly Dividend Payable on August 4, 2023

High number of new directors

Second quarter 2023 earnings released: EPS: US$1.81 (vs US$1.98 in 2Q 2022)

High number of new directors

Ferguson plc Appoints James S. Metcalf as Non-Executive Director, Effective February 1, 2023

Ferguson plc Announces Dividend for the First Quarter, Payable on February 3, 2023

Ferguson plc(LSE:FERG) dropped from S&P EUROPE 350 - Capital Goods (Industry Group)

Ferguson plc to Report Q2, 2023 Results on Mar 07, 2023

Ferguson plc (NYSE:FERG) acquired Airefco, Inc.

Ferguson plc Declares Final Dividend for the Fiscal Year Ended July 31, 2022, Payable on December 8, 2022

Ferguson plc (LSE:FERG) acquired Safe-Step Tubs Inc.

Ferguson plc to Report Q1, 2023 Results on Dec 06, 2022

Ferguson plc Moves to a Quarterly Interim Dividend Schedule in Fiscal Year 2023

Ferguson plc to Report Q4, 2022 Results on Sep 27, 2022

Ferguson plc(LSE:FERG) dropped from FTSE 100 Index

Ferguson plc, Annual General Meeting, Mar 10, 2022

Ferguson plc, Annual General Meeting, Mar 10, 2022

Ferguson plc (LSE:FERG) acquired Royal Pacific Ltd. from Fulton Capital LLC and Midwest Mezzanine Fund V, L.P. managed by Midwest Mezzanine Funds.

Ferguson plc (LSE:FERG) announces an Equity Buyback for $1,000 million worth of its shares.

Ferguson plc Announces Special Dividend, Payable on May 11, 2021

Ferguson plc (LSE:FERG) acquired Nova Wildcat Amerock, LLC.

Ferguson plc Proposes Interim Dividend for 2021, Payable on May 11, 2021

Ferguson ADSs to Cancel and Exchange for Ordinary Shares

Clayton, Dubilier & Rice, LLC and the management of Wolseley UK Limited completed the acquisition of Wolseley UK Limited from Ferguson plc (LSE:FERG).

New 90-day high: €102

Clayton, Dubilier & Rice, LLC entered into an agreement to acquire Wolseley UK Limited from Ferguson plc (LSE:FERG) for approximately £310 million.

Ferguson plc Announces the Appointment of Suzanne Wood and Brian May to the Board as Non-Executive Directors Effective January 1, 2021

New 90-day high: €95.88

Ferguson plc to Report Fiscal Year 2021 Results on Sep 28, 2021

Ferguson plc to Report Q1, 2021 Results on Dec 08, 2020

New 90-day high: €93.04

Ferguson plc (LSE:FERG) acquired Old Dominion Supply, Inc. and Atlantic Construction Fabrics, Inc.

New 90-day high: €90.74

Upcoming Dividend of US$2.08 Per Share

Annual earnings released: Revenue beats expectations

Full year earnings released - EPS €4.24

New 90-day high: €85.46

Ferguson plc Announces Audit and Remuneration Committee Membership

Full year earnings released - EPS €4.24

New 90-day high - €83.18

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team