Kitwave Group Management
Management criteria checks 2/4
Kitwave Group's CEO is Ben Maxted, appointed in Mar 2024, has a tenure of 1.17 years. total yearly compensation is £418.69K, comprised of 96.2% salary and 3.8% bonuses, including company stock and options. directly owns 2.51% of the company’s shares, worth €7.58M. The average tenure of the management team and the board of directors is 1.3 years and 4 years respectively.
Key information
Ben Maxted
Chief executive officer
UK£418.7k
Total compensation
| CEO salary percentage | 96.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 2.5% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | UK£419k | UK£403k | UK£17m |
| Jul 31 2024 | n/a | n/a | UK£17m |
| Apr 30 2024 | n/a | n/a | UK£18m |
| Jan 31 2024 | n/a | n/a | UK£18m |
| Oct 31 2023 | UK£314k | UK£256k | UK£19m |
| Jul 31 2023 | n/a | n/a | UK£18m |
| Apr 30 2023 | n/a | n/a | UK£16m |
| Jan 31 2023 | n/a | n/a | UK£15m |
| Oct 31 2022 | UK£225k | UK£217k | UK£14m |
Compensation vs Market: Ben's total compensation ($USD556.57K) is below average for companies of similar size in the German market ($USD968.16K).
Compensation vs Earnings: Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ben Maxted (41 yo)
1.2yrs
Tenure
UK£418,688
Compensation
Mr. Benjamin John Maxted, also known as Ben, ACA, serves as Chief Executive Officer of Kitwave Group plc since March 22, 2024 and serves as its Director since November 25, 2021. He served as Group Operatio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.2yrs | UK£418.69k | 2.51% € 7.6m | |
| CFO, Secretary & Director | 4yrs | UK£322.22k | 2.68% € 8.1m | |
| Managing Director of On-Trade Division - Foodservice | no data | no data | no data | |
| Managing Director of Foodservice | no data | no data | no data | |
| Managing Director of Frozen & Chilled | no data | no data | no data | |
| Managing Director of Ambient | no data | no data | no data | |
| Managing Director of Ambient | no data | no data | no data | |
| Managing Director of Ambient | no data | no data | no data | |
| Managing Director of Ambient | no data | no data | no data | |
| Managing Director - Foodservice | 1.3yrs | no data | no data | |
| Managing Director of Food Service | no data | no data | no data | |
| Managing Director of Ambient | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: 8R9's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | UK£418.69k | 2.51% € 7.6m | |
| CFO, Secretary & Director | 14.3yrs | UK£322.22k | 2.68% € 8.1m | |
| Independent Non-Executive Director | 4yrs | UK£60.00k | 0.14% € 432.7k | |
| Independent Non-Executive Chairman | 9.3yrs | UK£95.00k | 0.084% € 252.4k | |
| Independent Non-Executive Director | 2.3yrs | UK£50.00k | no data |
4.0yrs
Average Tenure
56yo
Average Age
Experienced Board: 8R9's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/05 01:25 |
| End of Day Share Price | 2025/05/05 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Kitwave Group plc is covered by 4 analysts. 5 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 |
|---|---|
| Mark Photiades | Canaccord Genuity |
| Nigel Parson | Cavendish |
| Gert Zonneveld | Investec Bank plc (UK) |