RELX Management

Management criteria checks 2/4

RELX's CEO is Erik Engstrom, appointed in Nov 2009, has a tenure of 14.83 years. total yearly compensation is £13.64M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth €50.67M. The average tenure of the management team and the board of directors is 10 years and 5.1 years respectively.

Key information

Erik Engstrom

Chief executive officer

UK£13.6m

Total compensation

CEO salary percentage	10.1%
CEO tenure	14.8yrs
CEO ownership	0.06%
Management average tenure	10yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Engstrom's remuneration changed compared to RELX's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	UK£2b
Mar 31 2024	n/a	n/a	UK£2b
Dec 31 2023	UK£14m	UK£1m	UK£2b
Sep 30 2023	n/a	n/a	UK£2b
Jun 30 2023	n/a	n/a	UK£2b
Mar 31 2023	n/a	n/a	UK£2b
Dec 31 2022	UK£9m	UK£1m	UK£2b
Sep 30 2022	n/a	n/a	UK£2b
Jun 30 2022	n/a	n/a	UK£2b
Mar 31 2022	n/a	n/a	UK£2b
Dec 31 2021	UK£10m	UK£1m	UK£1b
Sep 30 2021	n/a	n/a	UK£1b
Jun 30 2021	n/a	n/a	UK£1b
Mar 31 2021	n/a	n/a	UK£1b
Dec 31 2020	UK£4m	UK£1m	UK£1b
Sep 30 2020	n/a	n/a	UK£1b
Jun 30 2020	n/a	n/a	UK£1b
Mar 31 2020	n/a	n/a	UK£1b
Dec 31 2019	UK£9m	UK£1m	UK£2b
Sep 30 2019	n/a	n/a	UK£2b
Jun 30 2019	n/a	n/a	UK£2b
Mar 31 2019	n/a	n/a	UK£1b
Dec 31 2018	UK£9m	UK£1m	UK£1b
Sep 30 2018	n/a	n/a	UK£2b
Jun 30 2018	n/a	n/a	UK£2b
Mar 31 2018	n/a	n/a	UK£2b
Dec 31 2017	UK£9m	UK£1m	UK£2b

Compensation vs Market: Erik's total compensation ($USD18.29M) is above average for companies of similar size in the German market ($USD5.34M).

Compensation vs Earnings: Erik's compensation has increased by more than 20% in the past year.

CEO

Erik Engstrom (61 yo)

14.8yrs

Tenure

UK£13,638,000

Compensation

Mr. Erik Engstrom was Independent Non-Executive Director of Smith & Nephew plc since January 1, 2015 until December 31, 2023 and serves as Independent Non-Executive Director at Bonnier Group. He was a Part...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Erik Engstrom	CEO & Executive Director	14.8yrs	UK£13.64m	0.063% £ 50.7m
Nicholas Luff	CFO & Executive Director	10yrs	UK£7.05m	0.015% £ 12.3m
Kumsal Besson	Chief Executive Officer of Scientific	5.7yrs	no data	no data
Colin Tennant	Head of Investor Relations	no data	no data	no data
Henry Udow	Chief Legal Officer & Company Secretary	13.5yrs	no data	0.023% £ 18.5m
Paul Abrahams	Head of Corporate Communications	no data	no data	no data
Rosemary Thomson	Chief Human Resources Officer	3yrs	no data	no data
Mark Kelsey	Chief Executive Officer of Risk	12.7yrs	no data	no data
Jelena Sevo	Chief Strategy Officer	5.7yrs	no data	no data
Michael Walsh	Chief Executive Officer of Legal	13.7yrs	no data	no data
Hugh Jones	Chief Executive Officer of Exhibitions	4.7yrs	no data	no data
Vijay Raghavan	Chief Technology Officer of Risk	no data	no data	no data

10.0yrs

Average Tenure

57yo

Average Age

Experienced Management: RDEB's management team is seasoned and experienced (10 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Erik Engstrom	CEO & Executive Director	20.1yrs	UK£13.64m	0.063% £ 50.7m
Nicholas Luff	CFO & Executive Director	10yrs	UK£7.05m	0.015% £ 12.3m
Andrew Sukawaty	Independent Non-Executive Director	5.4yrs	UK£121.00k	0.0016% £ 1.3m
June Felix	Independent Non-Executive Director	3.9yrs	UK£125.00k	0.00033% £ 264.4k
Paul Walker	Independent Chairman of the Board	3.5yrs	UK£650.88k	0.00086% £ 689.1k
Alistair Cox	Independent Non-Executive Director	1.4yrs	UK£88.78k	0.00017% £ 136.2k
Robert MacLeod	Independent Non-Executive Director	8.4yrs	UK£130.67k	0.00037% £ 296.5k
Suzanne Wood	Senior Independent Director	7yrs	UK£165.74k	0.00027% £ 216.3k
Charlotte Hogg	Independent Non-Executive Director	4.8yrs	UK£112.00k	0.00026% £ 208.3k
Bianca E. Tetteroo	Non-Executive Director	less than a year	no data	no data

5.1yrs

Average Tenure

62yo

Average Age

Experienced Board: RDEB's board of directors are considered experienced (5.1 years average tenure).

RELX Management

Management criteria checks 2/4

Key information

Recent management updates

RELX PLC Elects Bianca Tetteroo as A Director

Insufficient new directors

CEO & Executive Director recently sold €13m worth of stock

RELX PLC Announces Changes to Board and Committee Roles

RELX PLC, Annual General Meeting, Apr 20, 2023

Independent Non-Executive Director recently bought €50k worth of stock

Recent updates

Now 20% overvalued after recent price rise

First half dividend of UK£0.18 announced

RELX PLC Declares Interim Dividend, payable on 5 September 2024

First half 2024 earnings released: EPS: UK£0.52 (vs UK£0.47 in 1H 2023)

RELX PLC Elects Bianca Tetteroo as A Director

Upcoming dividend of UK£0.42 per share

Insufficient new directors

RELX PLC to Report First Half, 2024 Results on Jul 25, 2024

CEO & Executive Director recently sold €13m worth of stock

Final dividend of UK£0.42 announced

Full year 2023 earnings released: EPS: UK£0.94 (vs UK£0.85 in FY 2022)

RELX PLC Proposes Final Dividend for the Full Year 2023, Payable on 13 June 2024

RELX PLC to Report Fiscal Year 2023 Results on Feb 15, 2024

Relx plc Reaffirms Revenue Guidance for 2023

RELX PLC Announces Interim Dividend for the Year Ending 31 December 2023, Payable on 7 September 2023

First half 2023 earnings released: EPS: UK£0.46 (vs UK£0.40 in 1H 2022)

RELX PLC to Report First Half, 2023 Results on Jul 27, 2023

RELX PLC Announces Final Dividend for the Year Ended 31 December 2022, Payable on 7 June 2023

Upcoming dividend of UK£0.39 per share at 2.1% yield

Full year 2022 earnings released: EPS: UK£0.85 (vs UK£0.76 in FY 2021)

RELX PLC Announces Changes to Board and Committee Roles

RELX PLC, Annual General Meeting, Apr 20, 2023

RELX PLC to Report Fiscal Year 2022 Results on Feb 16, 2023

Independent Non-Executive Director recently bought €50k worth of stock

First half 2022 earnings released

RELX PLC Declares Interim Dividend, Payable on 8 September 2022

Relx plc Announces Final Dividend for the Year 2021, Payable on 7 June 2022

Upcoming dividend of UK£0.35 per share

RELX PLC Provides Earnings Guidance for the Year 2022

RELX PLC Announces Retirement of Linda Sanford from the Board, Effective April 21, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 20% undervalued after recent price drop

Independent Non-Executive Director recently bought €101k worth of stock

First half 2021 earnings released: EPS UK£0.34 (vs UK£0.28 in 1H 2020)

RELX PLC Approves Final Dividend for the Year Ended 31 December 2020, Payable on 3 June 2021

RELX PLC Announces Earnings Guidance for the Full Year 2021

Upcoming dividend of UK£0.33 per share

RELX PLC Announces Appointment of Paul Walker as Chair of Its Nominations Committee and Corporate Governance Committee

Independent Non-Executive Chairman Anthony Habgood has left the company

RELX PLC, Annual General Meeting, Apr 22, 2021

Full year 2020 earnings released: EPS UK£0.64 (vs UK£0.77 in FY 2019)

Revenue misses expectations

RELX PLC to Report Fiscal Year 2020 Results on Feb 11, 2021

New 90-day high: €20.97

New 90-day high: €20.77

RELX PLC Announces Executive Changes

Market bids up stock over the past week

New 90-day low: €17.88

RELX PLC Announces the Appointment of June Felix as a Non-Executive Director

Independent Non-Executive Director recently bought €194k worth of stock

Relx plc Announces Management Changes

New 90-day low - €19.88

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age