AJ Bell Management
Management criteria checks 2/4
AJ Bell's CEO is Michael Summersgill, appointed in Oct 2022, has a tenure of 1.83 years. total yearly compensation is £941.00K, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth €5.44M. The average tenure of the management team and the board of directors is 2.7 years and 2.5 years respectively.
Key information
Michael Summersgill
Chief executive officer
UK£941.0k
Total compensation
| CEO salary percentage | 53.1% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.7yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | UK£81m |
| Dec 31 2023 | n/a | n/a | UK£75m |
| Sep 30 2023 | UK£941k | UK£500k | UK£68m |
| Jun 30 2023 | n/a | n/a | UK£63m |
| Mar 31 2023 | n/a | n/a | UK£59m |
| Dec 31 2022 | n/a | n/a | UK£53m |
| Sep 30 2022 | UK£635k | UK£313k | UK£47m |
| Jun 30 2022 | n/a | n/a | UK£43m |
| Mar 31 2022 | n/a | n/a | UK£39m |
| Dec 31 2021 | n/a | n/a | UK£41m |
| Sep 30 2021 | UK£481k | UK£226k | UK£44m |
| Jun 30 2021 | n/a | n/a | UK£45m |
| Mar 31 2021 | n/a | n/a | UK£47m |
| Dec 31 2020 | n/a | n/a | UK£43m |
| Sep 30 2020 | UK£527k | UK£226k | UK£39m |
| Jun 30 2020 | n/a | n/a | UK£36m |
| Mar 31 2020 | n/a | n/a | UK£34m |
| Dec 31 2019 | n/a | n/a | UK£32m |
| Sep 30 2019 | UK£767k | UK£220k | UK£30m |
| Jun 30 2019 | n/a | n/a | UK£28m |
| Mar 31 2019 | n/a | n/a | UK£25m |
| Dec 31 2018 | n/a | n/a | UK£24m |
| Sep 30 2018 | UK£286k | UK£172k | UK£23m |
Compensation vs Market: Michael's total compensation ($USD1.23M) is about average for companies of similar size in the German market ($USD1.61M).
Compensation vs Earnings: Michael's compensation has increased by more than 20% in the past year.
CEO
Michael Summersgill (41 yo)
1.8yrs
Tenure
UK£941,000
Compensation
Mr. Michael Thomas Summersgill has been Director of AJ Bell Plc since May 31, 2011, had been its Deputy CEO since October 1, 2021 until September 30, 2022. Since October 01, 2022 he serves as Chief Executi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of the Management Board & Director | 1.8yrs | UK£941.00k | 0.25% € 5.4m | |
| CFO, Director & Member of Management Board | 2.1yrs | UK£650.00k | 0.0017% € 36.7k | |
| COO, Member of the Management Board & Director | 2.8yrs | UK£551.00k | 0.063% € 1.3m | |
| MD of Advised & Member of Management Board | no data | no data | 0.35% € 7.4m | |
| HR Director & Member of the Management Board | no data | no data | 0.14% € 3.0m | |
| Chief Communications Officer | no data | no data | 0.082% € 1.8m | |
| CTO & Member of Management Board | 4.8yrs | no data | 0.027% € 585.9k | |
| Chief Risk Officer & Member of Management Board | 2.9yrs | no data | 0.00026% € 5.6k | |
| Director of Investor Relations | no data | no data | no data | |
| Group Legal Services Director | less than a year | no data | 0.0027% € 56.9k | |
| Head of Product | 3.8yrs | no data | no data | |
| Head of Investment Management | 2.6yrs | no data | no data |
2.7yrs
Average Tenure
45yo
Average Age
Experienced Management: 3FY's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Member of the Management Board & Director | 13.3yrs | UK£941.00k | 0.25% € 5.4m | |
| CFO, Director & Member of Management Board | 2.1yrs | UK£650.00k | 0.0017% € 36.7k | |
| COO, Member of the Management Board & Director | 2.8yrs | UK£551.00k | 0.063% € 1.3m | |
| Independent Non-Executive Director | 6.4yrs | UK£63.00k | 0.037% € 786.7k | |
| Independent Non-Executive Director | 2.9yrs | UK£63.00k | no data | |
| Senior Independent Director | 3.1yrs | UK£63.00k | 0.021% € 444.2k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Chair | 1.3yrs | UK£94.00k | 0.0016% € 35.4k | |
| Non-Independent & Non-Executive Director | 1.1yrs | UK£13.00k | 0.075% € 1.6m | |
| Independent Non-Executive Director | less than a year | no data | 0.0042% € 90.6k |
2.5yrs
Average Tenure
60yo
Average Age
Experienced Board: 3FY's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.