Luceco Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

John Hornby

Chief executive officer

UK£771.0k

Total compensation

CEO salary percentage	53.2%
CEO tenure	19.8yrs
CEO ownership	16.9%
Management average tenure	no data
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Hornby's remuneration changed compared to Luceco's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	UK£18m
Mar 31 2024	n/a	n/a	UK£18m
Dec 31 2023	UK£771k	UK£410k	UK£17m
Sep 30 2023	n/a	n/a	UK£14m
Jun 30 2023	n/a	n/a	UK£12m
Mar 31 2023	n/a	n/a	UK£12m
Dec 31 2022	UK£860k	UK£400k	UK£11m
Sep 30 2022	n/a	n/a	UK£14m
Jun 30 2022	n/a	n/a	UK£18m
Mar 31 2022	n/a	n/a	UK£23m
Dec 31 2021	UK£2m	UK£369k	UK£27m
Sep 30 2021	n/a	n/a	UK£31m
Jun 30 2021	n/a	n/a	UK£35m
Mar 31 2021	n/a	n/a	UK£31m
Dec 31 2020	UK£699k	UK£361k	UK£28m
Sep 30 2020	n/a	n/a	UK£22m
Jun 30 2020	n/a	n/a	UK£16m
Mar 31 2020	n/a	n/a	UK£14m
Dec 31 2019	UK£726k	UK£350k	UK£13m
Sep 30 2019	n/a	n/a	UK£12m
Jun 30 2019	n/a	n/a	UK£10m
Mar 31 2019	n/a	n/a	UK£6m
Dec 31 2018	UK£504k	UK£325k	UK£2m
Sep 30 2018	n/a	n/a	UK£300k
Jun 30 2018	n/a	n/a	-UK£900k
Mar 31 2018	n/a	n/a	UK£5m
Dec 31 2017	UK£365k	UK£350k	UK£10m

Compensation vs Market: John's total compensation ($USD968.93K) is about average for companies of similar size in the German market ($USD782.05K).

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

CEO

John Hornby (55 yo)

19.8yrs

Tenure

UK£771,000

Compensation

Mr. Jonathan Hornby is also known as John has been Chief Executive Officer of Luceco plc since 2005. Mr. Hornby serves as Chief Executive Officer of Nexus Industries, where he was previously the Operations...

Board Members

Name	Position	Tenure	Compensation	Ownership
Jonathan Hornby	CEO & Executive Director	17.1yrs	UK£771.00k	16.87% € 40.0m
William Hoy	CFO & Executive Director	5.2yrs	UK£656.79k	0.20% € 472.2k
Caroline Brown	Independent Non-Executive Director	8.2yrs	UK£45.00k	no data
Giles Brand	Non-Executive Chair	14.5yrs	UK£108.00k	6.14% € 14.6m
Pim R. Vervaat	Senior Independent Non-Executive Director	4.2yrs	UK£56.00k	0.097% € 230.6k
Tim Surridge	Independent Non-Executive Director	8.2yrs	UK£66.00k	0.041% € 96.9k
Julia Hendrickson	Independent Non-Executive Director	2.4yrs	UK£45.00k	no data
Janet Ryan	Non-Executive Director	less than a year	no data	no data

6.7yrs

Average Tenure

55yo

Average Age

Experienced Board: 2LC's board of directors are considered experienced (6.7 years average tenure).

Luceco Management

Management criteria checks 3/4

Key information

Recent management updates

Board Member recently bought €79k worth of stock

CEO & Executive Director recently sold €5.9m worth of stock

Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024

CFO & Executive Director recently bought €107k worth of stock

Insufficient new directors

Luceco plc Announces CFO Changes

Recent updates

Board Member recently bought €79k worth of stock

CEO & Executive Director recently sold €5.9m worth of stock

Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million.

Luceco plc (LSE:LUCE) acquired CMD Limited from Rubicon Partners V SCSp, a fund managed by Rubicon Partners for £30 million.

New minor risk - Financial position

First half dividend of UK£0.017 announced

Luceco plc to Report First Half, 2025 Results on Sep 25, 2025

Luceco plc Announces Interim Dividend, Payable on 25 October 2024

Luceco plc Provides Earning Guidance for the Full Year 2024

Luceco plc Appoints Janet Ryan as a Non-Executive Director and a Member of Audit Committee, Effective 1 July 2024

Now 22% undervalued

Luceco plc Declares Final Dividend

CFO & Executive Director recently bought €107k worth of stock

Investor sentiment improves as stock rises 15%

Final dividend of UK£0.032 announced

Full year 2023 earnings released: EPS: UK£0.11 (vs UK£0.071 in FY 2022)

Luceco plc acquired D-Line (Europe) Ltd £12.4 million.

Luceco plc acquired D-Line (Europe) Ltd £12.4 million.

New minor risk - Share price stability

Luceco plc Provides Earnings Guidance for the Year 2023

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 16%

Insufficient new directors

Now 22% undervalued after recent price drop

First half 2023 earnings released: EPS: UK£0.034 (vs UK£0.027 in 1H 2022)

Luceco plc to Report First Half, 2024 Results on Sep 10, 2024

Investor sentiment improves as stock rises 19%

Luceco plc Approves Final Dividend

Luceco plc Proposes Final Dividend, Payable on 19 May 2023

Upcoming dividend of UK£0.03 per share at 3.7% yield

Full year 2022 earnings released: EPS: UK£0.071 (vs UK£0.18 in FY 2021)

Investor sentiment improved over the past week

Luceco plc Announces CFO Changes

Luceco plc Provides Earnings Guidance for 2022 Full Year

Luceco plc Provides Earnings Guidance for Year 2023

Investor sentiment improved over the past week

First half 2022 earnings released: EPS: UK£0.027 (vs UK£0.087 in 1H 2021)

Luceco plc, Annual General Meeting, May 10, 2023

Luceco plc to Report Q2, 2023 Results on Sep 05, 2023

Luceco plc Announces Revenue Expectation for First Half 2022

Luceco plc Announces Revenue Expectation for First Half 2022

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Luceco plc Announces Appointment of Julia Hendrickson as Non-Executive Director and Member of the Audit and Remuneration Committees

Luceco plc Approves Final Dividend

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.055 per share

Investor sentiment deteriorated over the past week

CEO & Executive Director recently sold €10m worth of stock

Investor sentiment improved over the past week

Insider recently sold €1.3m worth of stock

Insider recently sold €236k worth of stock

Investor sentiment deteriorated over the past week

First half 2021 earnings released: EPS UK£0.087 (vs UK£0.044 in 1H 2020)

Investor sentiment improved over the past week

Luceco plc Provides Earnings Guidance for the Full Year 2021

Luceco plc Provides Earnings Guidance for the First Half of 2021

Upcoming dividend of UK£0.047 per share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS UK£0.18 (vs UK£0.083 in FY 2019)

Insider recently sold €270k worth of stock

New 90-day high: €3.13

New 90-day high: €2.92

Insider recently sold €719k worth of stock

Market bids up stock over the past week

New 90-day high: €2.63

Luceco plc Revises Earnings Guidance for the Full Year 2020

New 90-day high: €2.35

New 90-day high - €2.15