Loungers Management
Management criteria checks 3/4
Loungers' CEO is Nick Collins, appointed in Jan 2015, has a tenure of 9.33 years. total yearly compensation is £587.00K, comprised of 63.7% salary and 36.3% bonuses, including company stock and options. directly owns 0.92% of the company’s shares, worth €2.75M. The average tenure of the management team and the board of directors is 1.1 years and 5.2 years respectively.
Key information
Nick Collins
Chief executive officer
UK£587.0k
Total compensation
| CEO salary percentage | 63.7% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 1.1yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 01 2023 | n/a | n/a | UK£7m |
| Jul 01 2023 | n/a | n/a | UK£7m |
| Apr 16 2023 | UK£587k | UK£374k | UK£7m |
| Jan 16 2023 | n/a | n/a | UK£8m |
| Oct 02 2022 | n/a | n/a | UK£9m |
| Jul 02 2022 | n/a | n/a | UK£14m |
| Apr 17 2022 | UK£713k | UK£285k | UK£18m |
| Jan 17 2022 | n/a | n/a | UK£9m |
| Oct 03 2021 | n/a | n/a | -UK£438k |
| Jul 03 2021 | n/a | n/a | -UK£6m |
| Apr 18 2021 | UK£283k | UK£283k | -UK£11m |
| Jan 18 2021 | n/a | n/a | -UK£11m |
| Oct 04 2020 | n/a | n/a | -UK£11m |
| Jul 04 2020 | n/a | n/a | -UK£12m |
| Apr 19 2020 | UK£2m | UK£273k | -UK£13m |
| Jan 19 2020 | n/a | n/a | -UK£9m |
| Oct 06 2019 | n/a | n/a | -UK£5m |
| Jul 06 2019 | n/a | n/a | -UK£6m |
| Apr 21 2019 | UK£151k | UK£151k | -UK£7m |
Compensation vs Market: Nick's total compensation ($USD734.46K) is about average for companies of similar size in the German market ($USD1.04M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
CEO
Nick Collins (49 yo)
9.3yrs
Tenure
UK£587,000
Compensation
Mr. Nicholas Charles Elliot Collins, also known as Nick, ACA has been Chief Executive Officer of Loungers plc since January 2015. He joined the Group in January 2012 as Finance Director, becoming Chief Ope...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.3yrs | UK£327.00k | 6.51% £ 19.4m | |
| CEO & Director | 9.3yrs | UK£587.00k | 0.92% £ 2.8m | |
| Executive Officer | less than a year | UK£333.00k | 0.17% £ 518.2k | |
| Founder & Commercial Director | 22.3yrs | no data | 6.27% £ 18.7m | |
| CFO & Director | less than a year | no data | no data | |
| Chief Operating Officer | 3.4yrs | no data | no data | |
| Chief People Officer | 1.6yrs | no data | no data | |
| Group Managing Director | less than a year | no data | no data | |
| Managing Director of Cosy Club Brand | less than a year | no data | no data | |
| Managing Director of Lounge | less than a year | no data | no data |
1.1yrs
Average Tenure
50yo
Average Age
Experienced Management: LP0's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.3yrs | UK£327.00k | 6.51% £ 19.4m | |
| CEO & Director | 12.1yrs | UK£587.00k | 0.92% £ 2.8m | |
| CFO & Director | less than a year | no data | no data | |
| Non-Executive Director | 4.8yrs | no data | no data | |
| Senior Independent Non-Executive Director | 5.2yrs | UK£55.00k | 0.013% £ 40.0k | |
| Independent Non-Executive Director | 5.2yrs | UK£50.00k | 0.023% £ 69.1k | |
| Independent Non-Executive Director | 5.2yrs | UK£50.00k | 0.013% £ 40.0k |
5.2yrs
Average Tenure
52.5yo
Average Age
Experienced Board: LP0's board of directors are considered experienced (5.2 years average tenure).