SSP Group Management
Management criteria checks 3/4
SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 2.08 years. total yearly compensation is £2.35M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €2.09M. The average tenure of the management team and the board of directors is 2.6 years and 3.6 years respectively.
Key information
Patrick Coveney
Chief executive officer
UK£2.3m
Total compensation
CEO salary percentage | 33.4% |
CEO tenure | 2.1yrs |
CEO ownership | 0.1% |
Management average tenure | 2.6yrs |
Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2023 | UK£2m | UK£784k | UK£8m |
Jun 30 2023 | n/a | n/a | UK£10m |
Mar 31 2023 | n/a | n/a | UK£12m |
Dec 31 2022 | n/a | n/a | UK£1m |
Sep 30 2022 | UK£2m | UK£390k | -UK£10m |
Compensation vs Market: Patrick's total compensation ($USD2.93M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
CEO
Patrick Coveney (53 yo)
2.1yrs
Tenure
UK£2,348,000
Compensation
Mr. Patrick F. Coveney, B.Comm, M.Phil, D.Phil, serves as Non-Executive Director at Olam Food Ingredients Spain S.L. He has been Group Chief Executive Officer and Director at SSP Group plc since March 31,...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Director | 2.1yrs | UK£2.35m | 0.11% £ 2.1m | |
Deputy CEO | 20.3yrs | UK£1.69m | 0.22% £ 3.9m | |
Co-Owner | no data | no data | no data | |
Chief Digital & Technology Officer | 3.3yrs | no data | no data | |
Group General Counsel & Company Secretary | 1.2yrs | no data | no data | |
Chief People Officer | less than a year | no data | no data | |
Chief Procurement Officer | no data | no data | no data | |
Chief Business Development & Strategy Officer and CEO India and EEME | 10yrs | no data | no data | |
Chief Executive Officer of SSP North America | 9.8yrs | no data | no data | |
Chief Executive Officer of Nordics & Continental Europe | 2.8yrs | no data | no data | |
Chief Customer Officer | 2.5yrs | no data | no data | |
Chief Executive Officer of SSP Asia Pacific | 1.5yrs | no data | no data |
2.6yrs
Average Tenure
58yo
Average Age
Experienced Management: 83S2's management team is considered experienced (2.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Director | 2.1yrs | UK£2.35m | 0.11% £ 2.1m | |
Deputy CEO | 9.8yrs | UK£1.69m | 0.22% £ 3.9m | |
Independent Non-Executive Director | 3.7yrs | UK£68.00k | 0.0033% £ 60.5k | |
Independent Non-Executive Director | 2.3yrs | UK£55.00k | 0.0024% £ 44.8k | |
Independent Chairman of the Board | 4.4yrs | UK£285.00k | 0.030% £ 550.5k | |
Independent Non-Executive Director | 3.5yrs | UK£58.00k | 0.0038% £ 68.9k | |
Senior Independent Non-Executive Director | 5.5yrs | UK£75.00k | 0.0039% £ 71.3k | |
Independent Non-Executive Director | 2.3yrs | UK£56.00k | 0.0024% £ 43.7k |
3.6yrs
Average Tenure
59yo
Average Age
Experienced Board: 83S2's board of directors are considered experienced (3.6 years average tenure).