Genuit Group Management

Management criteria checks 1/4

Genuit Group's CEO is Joe Vorih, appointed in Feb 2022, has a tenure of 2.75 years. total yearly compensation is £1.61M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth €642.39K. The average tenure of the management team and the board of directors is 1.7 years and 1.6 years respectively.

Key information

Joe Vorih

Chief executive officer

UK£1.6m

Total compensation

CEO salary percentage	35.8%
CEO tenure	2.8yrs
CEO ownership	0.05%
Management average tenure	1.7yrs
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Vorih's remuneration changed compared to Genuit Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	UK£24m
Mar 31 2024	n/a	n/a	UK£31m
Dec 31 2023	UK£2m	UK£577k	UK£39m
Sep 30 2023	n/a	n/a	UK£37m
Jun 30 2023	n/a	n/a	UK£35m
Mar 31 2023	n/a	n/a	UK£36m
Dec 31 2022	UK£760k	UK£469k	UK£37m

Compensation vs Market: Joe's total compensation ($USD2.02M) is about average for companies of similar size in the German market ($USD1.64M).

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

CEO

Joe Vorih (57 yo)

2.8yrs

Tenure

UK£1,611,000

Compensation

Mr. Joseph M. Vorih, also known as Joe, serves as Member of Board of Directors at Genuit Group plc since February 28, 2022 and serves as its Chief Executive Officer since February 28, 2022. Previously serv...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Joseph Vorih	CEO & Director	2.8yrs	UK£1.61m	0.053% € 642.4k
Timothy Pullen	CFO & Director	1.2yrs	UK£852.00k	0.0028% € 34.4k
Emma Versluys	Group Legal Counsel & Company Secretary	7.4yrs	no data	no data
Clare Taylor	Chief People Officer	no data	no data	no data
Simon Howard	Managing Director of Polypipe Terrain	10.8yrs	no data	no data
Wayne Glover	Managing Director of Nuaire	no data	no data	no data
Martin Gisbourne	Chief Strategy & Sustainability Officer	1.8yrs	no data	no data
Canan Ediboglu	Executive Director	1.5yrs	no data	no data
Yetik Mert	Executive Director	1.5yrs	no data	no data
Paul Weir	Executive Director	1.5yrs	no data	no data
Steve Durdant-Hollamby	Managing Director of the Water Management Solutions	no data	no data	no data
Steve Currier	Business Unit Managing Director of SBS	no data	no data	no data

1.7yrs

Average Tenure

56yo

Average Age

Experienced Management: 0P5's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Joseph Vorih	CEO & Director	2.8yrs	UK£1.61m	0.053% € 642.4k
Timothy Pullen	CFO & Director	less than a year	UK£852.00k	0.0028% € 34.4k
Canan Ediboglu	Executive Director	1.5yrs	no data	no data
Yetik Mert	Executive Director	1.5yrs	no data	no data
Paul Weir	Executive Director	1.5yrs	no data	no data
Bronagh Kennedy	Independent Non-Executive Director	1.3yrs	UK£27.00k	0.00038% € 4.6k
Kevin Boyd	Independent Non Executive Chair	4.2yrs	UK£200.00k	0.029% € 357.3k
Lisa Scenna	Senior Independent Non-Executive Director	5.2yrs	UK£71.00k	0.0060% € 73.6k
Shatish Dasani	Independent Non-Executive Director	1.7yrs	UK£52.00k	0.011% € 135.2k
Jane Brooke-Smith	Independent Non-Executive Director	5.2yrs	UK£61.00k	no data

1.6yrs

Average Tenure

60yo

Average Age

Experienced Board: 0P5's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Genuit Group Management

Management criteria checks 1/4

Key information

Recent management updates

Genuit Group plc, Annual General Meeting, May 28, 2024

Genuit Group plc Appoints Tim Pullen as Chief Financial Officer

Genuit Group plc Announces Chief Financial Officer Changes

Genuit Group plc Appoints Bronagh Kennedy as Non-Executive Director, Member of the Audit, Nomination, and Remuneration Committees

Paul James to Step Down as Chief Financial Officer from Genuit Group Plc

High number of new directors

Recent updates

First half dividend of UK£0.041 announced

First half 2024 earnings released: EPS: UK£0.034 (vs UK£0.094 in 1H 2023)

Genuit Group plc Declares Interim Dividend, Payable on 2 October 2024

Genuit Group plc (LSE:GEN) acquired Sky Garden Limited for £2.5 million.

Full year 2023 earnings released: EPS: UK£0.15 (vs UK£0.15 in FY 2022)

Upcoming dividend of UK£0.083 per share

Genuit Group plc Recommends Final Dividend for the Year Ended 31 December 2023, Payable on 5 June 2024

Final dividend of UK£0.083 announced

Genuit Group plc to Report First Half, 2024 Results on Aug 13, 2024

Full year 2023 earnings released: EPS: UK£0.15 (vs UK£0.15 in FY 2022)

Genuit Group plc, Annual General Meeting, May 28, 2024

Genuit Group plc to Report Q4, 2023 Results on Mar 12, 2024

Genuit Group plc Appoints Tim Pullen as Chief Financial Officer

Genuit Group plc to Report Q3, 2023 Results on Nov 15, 2023

Genuit Group plc Announces Chief Financial Officer Changes

Upcoming dividend of UK£0.041 per share at 3.9% yield

Genuit Group plc Declares Interim Dividend, Payable on 27 September 2023

First half 2023 earnings released: EPS: UK£0.094 (vs UK£0.10 in 1H 2022)

Genuit Group plc Appoints Bronagh Kennedy as Non-Executive Director, Member of the Audit, Nomination, and Remuneration Committees

Paul James to Step Down as Chief Financial Officer from Genuit Group Plc

High number of new directors

Genuit Group plc Approves to Elect Shatish Dasani as a Director

Upcoming dividend of UK£0.082 per share at 4.6% yield

Full year 2022 earnings released: EPS: UK£0.15 (vs UK£0.17 in FY 2021)

Less than half of directors are independent

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Non Executive Chair recently bought €115k worth of stock

Genuit Group plc to Report Q4, 2022 Results on Mar 14, 2023

Genuit Group plc Announces Kevin Boyd Will Succeed Ron Marsh as the Company's Chair with Effect from November 1, 2022

Investor sentiment deteriorated over the past week

Genuit Group plc Announces Board Changes

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.041 per share

First half 2022 earnings released: EPS: UK£0.10 (vs UK£0.079 in 1H 2021)

Genuit Group plc Declares Interim Dividend, Payable on 28 September 2022

Genuit Group plc to Report First Half, 2022 Results on Aug 16, 2022

High number of new directors

Genuit Group plc Elects Joe Vorih as A Director of the Company

Genuit Group plc Provides Earnings Guidance for the Full Year 2022

Now 23% undervalued after recent price drop

Genuit Group plc, Annual General Meeting, May 19, 2022

Upcoming dividend of UK£0.082 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

High number of new directors

COO & Executive Director recently sold €1.1m worth of stock

Upcoming dividend of UK£0.04 per share

First half 2021 earnings released: EPS UK£0.079 (vs UK£0.007 in 1H 2020)

High number of new directors

Investor sentiment improved over the past week

Genuit Group plc Announces Final Dividend for the Year Ended 31 December 2020

COO & Executive Director recently sold €120k worth of stock

Upcoming dividend of UK£0.048 per share

Full year 2020 earnings released: EPS UK£0.085 (vs UK£0.25 in FY 2019)

Polypipe Group plc Recommends Final Dividend, Payable on May 26, 2021

Polypipe Group plc, Annual General Meeting, May 20, 2021

New 90-day high: €6.90

Polypipe Group plc (LSE:PLP) acquired Adey Innovation LLP from LDC (Managers) Limited for £210 million.

Polypipe Group plc has completed a Follow-on Equity Offering in the amount of £96.326038 million.

Polypipe Group plc (LSE:PLP) acquired Nu-Heat UK Ltd from Bestport Ventures LLP, Ethos Partners LLP and the management of Nu-Heat UK Ltd. for £27 million.

New 90-day high: €6.21

Investor sentiment improved over the past week

Polypipe Group plc Provides Earnings Guidance for the Year 2020

New 90-day high: €5.51

New 90-day high: €5.23

Polypipe Group plc Appoints Kevin Boyd as Non-Executive Director and Chair of the Audit Committee

COO & Executive Director recently sold €749k worth of stock

New 90-day low - €4.34