Smart Metering Systems plc

DB:SMC Stock Report

Market Cap: €1.3b

Smart Metering Systems Management

Management criteria checks 2/4

Smart Metering Systems' CEO is Tim Mortlock, appointed in Mar 2022, has a tenure of 2.08 years. total yearly compensation is £920.99K, comprised of 43.8% salary and 56.2% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth €9.80M. The average tenure of the management team and the board of directors is 6.3 years and 1.3 years respectively.

Key information

Tim Mortlock

Chief executive officer

UK£921.0k

Total compensation

CEO salary percentage43.8%
CEO tenure2.1yrs
CEO ownership0.7%
Management average tenure6.3yrs
Board average tenure1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tim Mortlock's remuneration changed compared to Smart Metering Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

UK£16m

Mar 31 2023n/an/a

UK£16m

Dec 31 2022UK£921kUK£403k

UK£15m

Sep 30 2022n/an/a

UK£11m

Jun 30 2022n/an/a

UK£7m

Mar 31 2022n/an/a

UK£6m

Dec 31 2021UK£460kUK£240k

UK£4m

Sep 30 2021n/an/a

UK£3m

Jun 30 2021n/an/a

UK£2m

Mar 31 2021n/an/a

UK£98m

Dec 31 2020UK£508kUK£223k

UK£193m

Sep 30 2020n/an/a

UK£196m

Jun 30 2020n/an/a

UK£198m

Mar 31 2020n/an/a

UK£101m

Dec 31 2019UK£229kUK£65k

UK£4m

Compensation vs Market: Tim's total compensation ($USD1.15M) is about average for companies of similar size in the German market ($USD1.61M).

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

CEO

Tim Mortlock (47 yo)

2.1yrs

Tenure

UK£920,988

Compensation

Mr. Timothy James Mortlock, also known as Tim, serves as Executive Director of Smart Metering Systems plc since September 17, 2019 and serves as its Chief Executive Officer since March 1, 2022. He served a...

Leadership Team

NamePositionTenureCompensationOwnership
Timothy Mortlock
CEO & Executive Director2.1yrsUK£920.99k0.75%
€ 9.8m
Gail Blain
CFO & Executive Director1.3yrsUK£323.03k0.20%
€ 2.6m
Mark Evans
Chief Information Officerno datano datano data
Dilip Kejriwal
Head of Investor Relationsno datano datano data
Andy Ritchie
Head of Business Risk and Complianceno datano datano data
Craig McGinn
General Counsel7.4yrsno data0.34%
€ 4.4m
Stan Chaloner
Group Sales Director12.3yrsno datano data
Judy Keir
Chief People Officerno datano datano data
John Hall
Managing Director of Asset Installationno datano datano data
Frances McNeil
Head of Customer Services6.3yrsno datano data
Robert Langdon
Head of Electricity Data Services6.3yrsno datano data
David Gray
Head of Energy Bureau6.3yrsno datano data

6.3yrs

Average Tenure

Experienced Management: SMC's management team is seasoned and experienced (6.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Timothy Mortlock
CEO & Executive Director4.6yrsUK£920.99k0.75%
€ 9.8m
Gail Blain
CFO & Executive Director1.3yrsUK£323.03k0.20%
€ 2.6m
Miriam Greenwood
Independent Non-Executive Chairman10.2yrsUK£113.83k0.023%
€ 305.2k
Graeme Bissett
Senior Independent Non-Executive Director7.8yrsUK£64.23k0.017%
€ 218.1k
Mike Winkel
Independent Non-Executive Directorless than a yearno datano data
Yimei Luo
Directorless than a yearno datano data
Andrew Furze
Directorless than a yearno datano data

1.3yrs

Average Tenure

47yo

Average Age

Experienced Board: SMC's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.