Serco Group Management
Management criteria checks 3/4
Serco Group's CEO is Mark Irwin, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is £1.94M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €2.57M. The average tenure of the management team and the board of directors is 4.4 years and 3.7 years respectively.
Key information
Mark Irwin
Chief executive officer
UK£1.9m
Total compensation
| CEO salary percentage | 41.3% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.4yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£2m | UK£800k | UK£202m |
Compensation vs Market: Mark's total compensation ($USD2.42M) is about average for companies of similar size in the German market ($USD2.56M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Irwin (58 yo)
1.3yrs
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 | 1.3yrs | UK£1.94m | 0.11% £ 2.6m | |
| Group CFO & Director | 3yrs | UK£1.78m | 0.018% £ 424.0k | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 8.4yrs | 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 | 8.1yrs | no data | no data | |
| Managing Director - UK Defense Business | 7.8yrs | no data | no data | |
| Chief Executive of Serco's UK & Europe business | 1.3yrs | no data | 0.037% £ 850.2k | |
| Chief Executive Officer of Serco Middle East | 5yrs | no data | no data | |
| Group Head of Reward | 5.3yrs | no data | no data | |
| Managing Director for Dubai Metro & Tram of Serco Middle East | 3.8yrs | no data | no data |
4.4yrs
Average Tenure
56.5yo
Average Age
Experienced Management: SEO's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 1.3yrs | UK£1.94m | 0.11% £ 2.6m | |
| Group CFO & Director | 3yrs | UK£1.78m | 0.018% £ 424.0k | |
| Independent Chairman of the Board | 7.6yrs | UK£295.60k | 0.0040% £ 91.4k | |
| Independent Non-Executive Director | 6.8yrs | UK£74.06k | 0.0046% £ 106.1k | |
| Senior Independent Director | 6.8yrs | UK£89.82k | 0.0014% £ 31.9k | |
| Independent Non-Executive Director | 2.5yrs | UK£66.26k | no data | |
| Independent Non-Executive Director | 3.2yrs | UK£79.50k | 0.0037% £ 85.0k | |
| Independent Non-Executive Director | 6.6yrs | UK£84.46k | 0.00093% £ 21.3k | |
| Independent Non-Executive Director | 3.7yrs | UK£70.35k | 0.00093% £ 21.3k |
3.7yrs
Average Tenure
59yo
Average Age
Experienced Board: SEO's board of directors are considered experienced (3.7 years average tenure).