Reliance Worldwide Corporation Limited

DB:0EU Stock Report

Market Cap: €2.6b

Reliance Worldwide Management

Management criteria checks 2/4

Reliance Worldwide's CEO is Heath Sharp, appointed in Jun 2015, has a tenure of 9.42 years. total yearly compensation is $3.56M, comprised of 30.9% salary and 69.1% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth €6.00M. The average tenure of the management team and the board of directors is 5.3 years and 5 years respectively.

Key information

Heath Sharp

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage30.9%
CEO tenure9.4yrs
CEO ownership0.2%
Management average tenure5.3yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Heath Sharp's remuneration changed compared to Reliance Worldwide's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024US$4mUS$1m

US$110m

Mar 31 2024n/an/a

US$117m

Dec 31 2023n/an/a

US$124m

Sep 30 2023n/an/a

US$132m

Jun 30 2023US$3mUS$1m

US$140m

Mar 31 2023n/an/a

US$140m

Dec 31 2022n/an/a

US$140m

Sep 30 2022n/an/a

US$139m

Jun 30 2022US$3mUS$1m

US$137m

Mar 31 2022n/an/a

US$138m

Dec 31 2021n/an/a

US$139m

Sep 30 2021n/an/a

US$140m

Jun 30 2021US$4mUS$1m

US$141m

Mar 31 2021n/an/a

US$118m

Dec 31 2020n/an/a

US$96m

Sep 30 2020n/an/a

US$79m

Jun 30 2020US$2mUS$1m

US$62m

Mar 31 2020n/an/a

US$64m

Dec 31 2019n/an/a

US$82m

Sep 30 2019n/an/a

US$85m

Jun 30 2019US$2mUS$1m

US$93m

Mar 31 2019n/an/a

US$79m

Dec 31 2018n/an/a

US$64m

Sep 30 2018n/an/a

US$56m

Jun 30 2018US$2mUS$1m

US$49m

Compensation vs Market: Heath's total compensation ($USD3.56M) is above average for companies of similar size in the German market ($USD1.90M).

Compensation vs Earnings: Heath's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Heath Sharp

9.4yrs

Tenure

US$3,560,138

Compensation

Mr. Heath Sharp serves as Group Managing Director of Reliance Worldwide Corporation Limited and serves as its Chief Executive Officer since 2022 and had served as its Group Chief Executive Officer since Ju...


Leadership Team

NamePositionTenureCompensationOwnership
Heath Sharp
CEO, MD & Director9.4yrsUS$3.56m0.23%
€ 6.0m
Andrew Johnson
Executive VP & Chief Financial Officer4.7yrsUS$1.47m0.052%
€ 1.3m
Simon Woods
Group Senior VP of Information Services & Chief Company Officer for IT8.8yrsno datano data
Philip King
Group Investor Relations Director5.5yrsno datano data
Sandra Hall-Mulrain
Group Senior VP & General Counsel5.1yrsno datano data
Dixon Thuston
Chief Executive Officer of EMEAless than a yearno datano data
Nicole Sumich
Chief Company Officer for APAC2.3yrsno datano data
William Kilpatrick
Executive VP & President of Americas Region2.2yrsno datano data
David Succurro
Chief Executive Officer of Canada14.8yrsno datano data
David Neufeld
Company Secretary8.6yrsno datano data

5.3yrs

Average Tenure

Experienced Management: 0EU's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Heath Sharp
CEO, MD & Director8.8yrsUS$3.56m0.23%
€ 6.0m
Ian Rowden
Independent Non-Executive Director4.3yrsUS$119.55k0.0064%
€ 167.0k
William Crosby
Independent Non-Executive Chairman8.6yrsUS$252.39k0.026%
€ 673.7k
Russell Chenu
Independent Non-Executive Director8.6yrsUS$126.20k0.024%
€ 618.5k
Christine Bartlett
Independent Non-Executive Director5yrsUS$139.48k0.0064%
€ 167.0k
Brad Soller
Independent Non-Executive Director2yrsUS$132.84k0.0032%
€ 83.5k
Darlene Knight
Independent Non-Executive Director3.6yrsUS$139.48k0.0064%
€ 167.0k

5.0yrs

Average Tenure

65.5yo

Average Age

Experienced Board: 0EU's board of directors are considered experienced (5 years average tenure).