Judges Scientific Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

David Cicurel

Chief executive officer

UK£356.0k

Total compensation

CEO salary percentage	70.5%
CEO tenure	21.9yrs
CEO ownership	9.2%
Management average tenure	8.3yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Cicurel's remuneration changed compared to Judges Scientific's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	UK£13m
Mar 31 2024	n/a	n/a	UK£11m
Dec 31 2023	UK£356k	UK£251k	UK£10m
Sep 30 2023	n/a	n/a	UK£11m
Jun 30 2023	n/a	n/a	UK£11m
Mar 31 2023	n/a	n/a	UK£12m
Dec 31 2022	UK£305k	UK£230k	UK£13m
Sep 30 2022	n/a	n/a	UK£11m
Jun 30 2022	n/a	n/a	UK£10m
Mar 31 2022	n/a	n/a	UK£11m
Dec 31 2021	UK£255k	UK£200k	UK£13m
Sep 30 2021	n/a	n/a	UK£11m
Jun 30 2021	n/a	n/a	UK£10m
Mar 31 2021	n/a	n/a	UK£9m
Dec 31 2020	UK£200k	UK£195k	UK£8m
Sep 30 2020	n/a	n/a	UK£9m
Jun 30 2020	n/a	n/a	UK£9m
Mar 31 2020	n/a	n/a	UK£10m
Dec 31 2019	UK£243k	UK£190k	UK£11m
Sep 30 2019	n/a	n/a	UK£11m
Jun 30 2019	n/a	n/a	UK£11m
Mar 31 2019	n/a	n/a	UK£10m
Dec 31 2018	UK£218k	UK£170k	UK£8m
Sep 30 2018	n/a	n/a	UK£7m
Jun 30 2018	n/a	n/a	UK£6m
Mar 31 2018	n/a	n/a	UK£5m
Dec 31 2017	UK£213k	UK£166k	UK£4m

Compensation vs Market: David's total compensation ($USD446.09K) is below average for companies of similar size in the German market ($USD1.46M).

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

CEO

David Cicurel (75 yo)

21.9yrs

Tenure

UK£356,000

Compensation

Mr. David Elie Cicurel serves as the Chief Executive Officer of Judges Scientific plc and Judges Capital Plc. He is also Executive Director of Judges Scientific plc since December 24, 2002. Mr. Cicurel is...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Cicurel	CEO & Executive Director	no data	UK£356.00k	9.2% € 63.7m
Bradley Ormsby	CFO & Executive Director	9.6yrs	UK£301.00k	0.069% € 475.5k
Mark Lavelle	COO & Executive Director	6.9yrs	UK£410.00k	0.019% € 133.2k
Tim Prestidge	Group Business Development Director & Executive Director	1.8yrs	UK£480.39k	0.00053% € 3.7k
Ian Wilcock	Group Commercial Director & Director	less than a year	no data	no data
Glynn Reece	Company Secretary	no data	UK£20.00k	no data
Sean Gregory	Managing Director of Fire Testing Technology Limited	26.3yrs	no data	no data
Gary Edwards	Managing Director of Deben UK Limited	no data	no data	no data
Karl Snelling	Managing Director of Global Digital Systems Limited	16.1yrs	no data	no data
Ian MacKenzie	Managing Director of PE fiberoptics Limited	no data	no data	no data

8.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: IUF's management team is seasoned and experienced (8.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Cicurel	CEO & Executive Director	21.9yrs	UK£356.00k	9.2% € 63.7m
Bradley Ormsby	CFO & Executive Director	9.7yrs	UK£301.00k	0.069% € 475.5k
Mark Lavelle	COO & Executive Director	7yrs	UK£410.00k	0.019% € 133.2k
Tim Prestidge	Group Business Development Director & Executive Director	1.8yrs	UK£480.39k	0.00053% € 3.7k
Ian Wilcock	Group Commercial Director & Director	less than a year	no data	no data
Alexander Hambro	Non-Executive Chairman	21.9yrs	UK£50.00k	0.62% € 4.3m
Ralph Elman	Non-Executive Director	19.1yrs	UK£40.00k	0.56% € 3.9m
Charles John Holroyd	Senior Independent Non-Executive Director	6.4yrs	UK£40.00k	0.11% € 752.7k
Lushani Kodituwakku	Independent Non-Executive Director	4.2yrs	UK£35.00k	0.0049% € 33.8k
Susan Nyman	Independent Non-Executive Director	less than a year	UK£4.00k	no data

6.7yrs

Average Tenure

64yo

Average Age

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

Judges Scientific Management

Management criteria checks 4/4

Key information

Recent management updates

Non-Executive Chairman recently sold €315k worth of stock

CEO & Executive Director recently sold €7.2m worth of stock

Judges Scientific, Announces Appointment of Ian Wilcock to the Board as Group Commercial Director

Non-Executive Chairman recently sold €137k worth of stock

CEO & Executive Director recently sold €546k worth of stock

Non-Executive Chairman recently sold €128k worth of stock

Recent updates

Investor sentiment improves as stock rises 15%

Now 20% undervalued after recent price drop

Non-Executive Chairman recently sold €315k worth of stock

Upcoming dividend of UK£0.30 per share

CEO & Executive Director recently sold €7.2m worth of stock

First half 2024 earnings released: EPS: UK£0.63 (vs UK£0.16 in 1H 2023)

First half dividend of UK£0.30 announced

Judges Scientific, Announces Appointment of Ian Wilcock to the Board as Group Commercial Director

Judges Scientific plc (AIM:JDG) agreed to acquire Teer Coatings Ltd for £12.3 million.

Investor sentiment deteriorates as stock falls 18%

Judges Scientific plc to Report Fiscal Year 2024 Results on Mar 20, 2025

Now 23% overvalued

Non-Executive Chairman recently sold €137k worth of stock

Upcoming dividend of UK£0.68 per share

CEO & Executive Director recently sold €546k worth of stock

Now 21% overvalued after recent price rise

Non-Executive Chairman recently sold €128k worth of stock

New minor risk - Earnings quality

Final dividend of UK£0.68 announced

Judges Scientific plc Proposes Final Dividend for the Year 2023, Payable on 5 July 2024

Full year 2023 earnings released

Judges Scientific plc to Report First Half, 2024 Results on Sep 25, 2024

Now 22% undervalued

Non-Executive Chairman recently sold €163k worth of stock

Judges Scientific plc Announces Board Changes

Upcoming dividend of UK£0.27 per share at 1.0% yield

First half 2023 earnings released: UK£0.19 loss per share (vs UK£0.44 profit in 1H 2022)

New minor risk - Profit margin trend

Judges Scientific plc Declares an Interim Dividend, Payable on 3 November 2023

Non-Executive Chairman recently sold €110k worth of stock

Non-Executive Chairman recently sold €110k worth of stock

Upcoming dividend of UK£0.59 per share at 0.9% yield

Full year 2022 earnings released: EPS: UK£1.96 (vs UK£2.01 in FY 2021)

Judges Scientific plc Announces Executive Changes

Judges Scientific plc, Annual General Meeting, May 23, 2024

Less than half of directors are independent

Upcoming dividend of UK£0.22 per share

First half 2022 earnings released: EPS: UK£0.44 (vs UK£0.88 in 1H 2021)

Investor sentiment improved over the past week

Now 20% undervalued

Judges Scientific plc (AIM:JDG) acquired remaining 12% stake in Bordeaux Acquisition Limited for £2.1 million.

Judges Scientific plc (AIM:JDG) commences an Equity Buyback Plan for 631,842 shares, representing 10% of its issued share capital, under the authorization approved on May 24, 2022.

Upcoming dividend of UK£0.47 per share

Investor sentiment improved over the past week

Judges Scientific plc (AIM:JDG) acquired Geotek Coring Limited for £80 million.

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.19 per share

First half 2021 earnings released: EPS UK£0.88 (vs UK£0.58 in 1H 2020)

Less than half of directors are independent

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age