Serco Group Management
Management criteria checks 2/4
Serco Group's CEO is Mark Irwin, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is £1.94M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €2.76M. The average tenure of the management team and the board of directors is 4.1 years and 4.1 years respectively.
Key information
Mark Irwin
Chief executive officer
UK£1.9m
Total compensation
| CEO salary percentage | 41.3% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | UK£139m |
| Mar 31 2024 | n/a | n/a | UK£171m |
| Dec 31 2023 | UK£2m | UK£800k | UK£202m |
Compensation vs Market: Mark's total compensation ($USD2.43M) is above average for companies of similar size in the German market ($USD1.52M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Irwin (59 yo)
1.9yrs
Tenure
UK£1,938,808
Compensation
Mr. Mark Winston Irwin serves as Director of Serco Group plc since January 01, 2023 and has been its Group Chief Executive Officer since January 01, 2023. He served as Chief Executive Officer of Serco Grou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 1.9yrs | UK£1.94m | 0.15% € 2.8m | |
| Group CFO & Director | 3.7yrs | UK£1.78m | 0.065% € 1.2m | |
| Group Chief Digital & Technology Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 9.1yrs | no data | no data | |
| Head of Media Relations | no data | no data | no data | |
| Group Chief People & Culture Officer | less than a year | no data | no data | |
| Managing Director of Health Business | 8.8yrs | no data | no data | |
| Chief Executive of Serco's UK & Europe business | 2yrs | no data | 0.041% € 760.7k | |
| Chief Executive Officer of Serco Middle East | 5.7yrs | no data | no data | |
| Group Head of Reward | 6yrs | no data | no data | |
| Managing Director for Dubai Metro & Tram of Serco Middle East | 4.5yrs | no data | no data |
4.1yrs
Average Tenure
57.5yo
Average Age
Experienced Management: SEO's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 1.9yrs | UK£1.94m | 0.15% € 2.8m | |
| Group CFO & Director | 3.7yrs | UK£1.78m | 0.065% € 1.2m | |
| Non-Executive Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 8.3yrs | UK£295.60k | 0.0043% € 79.7k | |
| Independent Non-Executive Director | 7.4yrs | UK£74.06k | 0.0049% € 92.5k | |
| Senior Independent Director | 7.4yrs | UK£89.82k | 0.0015% € 27.7k | |
| Independent Non-Executive Director | 3.2yrs | UK£66.26k | no data | |
| Independent Non-Executive Director | 3.8yrs | UK£79.50k | 0.0040% € 73.9k | |
| Independent Non-Executive Director | 7.3yrs | UK£84.46k | 0.00099% € 18.5k | |
| Independent Non-Executive Director | 4.3yrs | UK£70.35k | 0.00099% € 18.5k |
4.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: SEO's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Serco Group plc is covered by 41 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alejandro Acosta | Alezor Research |
| James Rosenthal | Barclays |
| Paul Daniel Sullivan | Barclays |