Mears Group Management

Management criteria checks 1/4

Mears Group's CEO is Lucas Critchley, appointed in Jan 2024, has a tenure of less than a year. directly owns 0.004% of the company’s shares, worth €17.66K. The average tenure of the management team and the board of directors is 4.5 years and 2.3 years respectively.

Key information

Lucas Critchley

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.004%
Management average tenure	4.5yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

CEO

Lucas Critchley (41 yo)

less than a year

Tenure

Mr. Lucas Critchley is Chief Executive Officer of Mears Group plc since January 2024 and served as its Chief Operating Officer since 2021 until January 2024. He joined the Mears Group plc in 2004. He is an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew C. Smith	CFO & Executive Director	16.2yrs	UK£578.00k	0.31% £ 1.2m
Lucas Critchley	CEO & Executive Director	less than a year	no data	0.0044% £ 17.7k
Jason Burt	Group Director of Health	no data	UK£18.00k	no data
John Taylor	Chief Operating Officer of Mears Housing	no data	no data	no data
Jonathan Mallen-Beadle	Managing Director of Mears Living	4.5yrs	no data	no data
Ben Westran	Company Secretary	no data	no data	no data
Bernadette Walsh	Chief Operating Officer of Mears Care	no data	no data	no data

4.5yrs

Average Tenure

51yo

Average Age

Experienced Management: MM7's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew C. Smith	CFO & Executive Director	17.2yrs	UK£578.00k	0.31% £ 1.2m
Lucas Critchley	CEO & Executive Director	1.3yrs	no data	0.0044% £ 17.7k
Jim Clarke	Independent Chairman	4.8yrs	UK£76.00k	0.032% £ 127.1k
Nick Wharton	Non-Executive Director	less than a year	no data	no data
Angela Lockwood	Independent Non-Executive Director	2.3yrs	UK£66.00k	no data
Julia Unwin	Senior Independent Director	8.3yrs	UK£66.00k	no data
Hema Nar	Employee Director	1.3yrs	no data	no data

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: MM7's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Mears Group Management

Management criteria checks 1/4

Key information

Recent management updates

Mears Group plc Announces CEO Changes

Interim Independent Chairman recently bought €96k worth of stock

Mears Group plc Appoints Jim Clarke as Permanent Chairman

Less than half of directors are independent

Mears Group plc Announces Board Changes

Mears Announces Board Changes

Recent updates

Full year 2023 earnings released: EPS: UK£0.33 (vs UK£0.25 in FY 2022)

Final dividend of UK£0.093 announced

Full year 2023 earnings released: EPS: UK£0.33 (vs UK£0.25 in FY 2022)

Mears Group plc Recommends Final Dividend for the Year Ended 31 December 2023

Now 20% overvalued after recent price rise

Mears Group plc Announces CEO Changes

Mears Group plc (LSE:MER) commences an Equity Buyback Plan for 11,103,647 shares, representing 10.08% of its issued share capital, under the authorization approved on June 23, 2023.

Upcoming dividend of UK£0.037 per share at 4.0% yield

Interim Independent Chairman recently bought €96k worth of stock

Mears Group plc Appoints Jim Clarke as Permanent Chairman

Mears Group plc Anticipates Revenues for the Full Year of 2023

Less than half of directors are independent

Mears Group plc Announces Board Changes

Upcoming dividend of UK£0.072 per share at 3.6% yield

Mears Announces Board Changes

Investor sentiment improves as stock rises 16%

Mears Group plc to Report First Half, 2023 Results on Aug 03, 2023

Full year 2022 earnings released: EPS: UK£0.25 (vs UK£0.12 in FY 2021)

Insufficient new directors

Mears Group plc Announces Executive Changes

Mears Group plc Announces Chief Executive Officer Changes

Mears Group plc Announces Management Changes

Upcoming dividend of UK£0.033 per share

Mears Group plc (LSE:MER) acquired IRT Surveys Limited for £4.1 million.

First half 2022 earnings released

Mears Group plc Provides Revenue Guidance for the Year 2022

Mears Group plc to Report First Half, 2022 Results on Aug 04, 2022

CFO & Executive Director recently bought €57k worth of stock

Upcoming dividend of UK£0.055 per share

Mears Group plc Approves Final Dividend for the Year 2021

CFO & Executive Director recently bought €60k worth of stock

Mears Group plc, Annual General Meeting, May 17, 2022

Now 22% undervalued

Full year 2021 earnings released: EPS: UK£0.12 (vs UK£0.11 loss in FY 2020)

Mears Group plc Proposes a Final Dividend for the Year 2021

Mears Group plc Provides Revenue Guidance for the Year 2021

Less than half of directors are independent

Mears Group plc Raises Earnings Guidance for the Year Ending December 31, 2021

Upcoming dividend of UK£0.025 per share

First half 2021 earnings released: EPS UK£0.042 (vs UK£0.11 loss in 1H 2020)

Mears Group plc Revises Earnings Guidance for the Full Year 2021

Full year 2020 earnings released: UK£0.11 loss per share (vs UK£0.15 profit in FY 2019)

Full year 2020 earnings released: UK£0.11 loss per share (vs UK£0.19 profit in FY 2019)

Mears Group plc Provides Earnings Guidance for the Year 2021

Mears Provides Financial Guidance for the Second Half and Ended 31 December 2020

New 90-day high: €1.94

New 90-day high: €1.79

Funds advised by Apse Capital Limited entered into a conditional agreement to acquire TerraQuest Solutions Limited from Mears Group plc (LSE:MER) for a maximum valuation of £72 million.

New 90-day low: €1.17

Cera Care Limited acquired England and Wales Domiciliary Care business of Mears Group plc (LSE:MER) for £5 million.

Cera Care Limited acquired Scotland Domiciliary Care business from Mears Group plc (LSE:MER) for £2.5 million.

Mears Group plc to Report First Half, 2020 Results on Aug 18, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age