Impax Asset Management Group Management

Management criteria checks 3/4

Impax Asset Management Group's CEO is Ian Simm, appointed in Jan 1998, has a tenure of 26.25 years. total yearly compensation is £1.53M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 7.44% of the company’s shares, worth €47.90M. The average tenure of the management team and the board of directors is 13.3 years and 4.6 years respectively.

Key information

Ian Simm

Chief executive officer

UK£1.5m

Total compensation

CEO salary percentage	19.6%
CEO tenure	26.3yrs
CEO ownership	7.4%
Management average tenure	13.3yrs
Board average tenure	4.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ian Simm's remuneration changed compared to Impax Asset Management Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	UK£2m	UK£300k	UK£39m
Jun 30 2023	n/a	n/a	UK£44m
Mar 31 2023	n/a	n/a	UK£50m
Dec 31 2022	n/a	n/a	UK£55m
Sep 30 2022	UK£2m	UK£294k	UK£59m
Jun 30 2022	n/a	n/a	UK£56m
Mar 31 2022	n/a	n/a	UK£53m
Dec 31 2021	n/a	n/a	UK£47m
Sep 30 2021	UK£2m	UK£288k	UK£40m
Jun 30 2021	n/a	n/a	UK£31m
Mar 31 2021	n/a	n/a	UK£21m
Dec 31 2020	n/a	n/a	UK£17m
Sep 30 2020	UK£1m	UK£268k	UK£13m
Jun 30 2020	n/a	n/a	UK£13m
Mar 31 2020	n/a	n/a	UK£13m
Dec 31 2019	n/a	n/a	UK£14m
Sep 30 2019	UK£1m	UK£263k	UK£15m
Jun 30 2019	n/a	n/a	UK£15m
Mar 31 2019	n/a	n/a	UK£14m
Dec 31 2018	n/a	n/a	UK£12m
Sep 30 2018	UK£954k	UK£246k	UK£11m
Jun 30 2018	n/a	n/a	UK£10m
Mar 31 2018	n/a	n/a	UK£9m
Dec 31 2017	n/a	n/a	UK£8m
Sep 30 2017	UK£853k	UK£246k	UK£7m

Compensation vs Market: Ian's total compensation ($USD1.92M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.

CEO

Ian Simm (57 yo)

26.3yrs

Tenure

UK£1,531,002

Compensation

Mr. Ian Richard Simm is the Founder and Chief Executive at Impax Asset Management Group plc since August 19, 2005 and has been its Managing Director, Portfolio Manager and Executive Director. Mr. Simm has...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ian Simm	Founder	26.3yrs	UK£1.53m	7.44% £ 47.9m
Karen Cockburn	CFO & Executive Director	1.3yrs	UK£770.55k	0.022% £ 140.4k
Darren Johnson	Global COO & Executive Director	no data	no data	no data
Bruce Jenkyn-Jones	Chief Investment Officer of Listed Investments & Executive Director	no data	no data	0.51% £ 3.3m
Zack Wilson	Executive Director	13.3yrs	no data	no data
Paul French	Head of Corporate Communications	no data	no data	no data
Jonathan Forster	MD & Senior Portfolio Manager	6.8yrs	no data	no data
Daniel von Preyss	Executive Director & Head of Private Equity Infrastructure (Europe)	14.8yrs	no data	no data
Simon Higgo	MD and Head of Investment Risk & Process	no data	no data	no data
Michael Landymore	Senior Portfolio Manager & MD	no data	no data	no data
Dean Palin	Head of Trading & Director	no data	no data	no data
Tim Mockett	Managing Director of Property	no data	no data	no data

13.3yrs

Average Tenure

57yo

Average Age

Experienced Management: LW4's management team is seasoned and experienced (13.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ian Simm	Founder	23.3yrs	UK£1.53m	7.44% £ 47.9m
Karen Cockburn	CFO & Executive Director	1.1yrs	UK£770.55k	0.022% £ 140.4k
Annette Wilson	Independent Non-Executive Director	1.8yrs	UK£79.75k	0.0094% £ 60.2k
William O'Regan	Senior Independent Director	3.3yrs	UK£70.00k	0.019% £ 125.4k
Arnaud Jacques Marie de Beauchef de Servigny	Non-Executive Director	5.8yrs	UK£70.00k	no data
Sally Bridgeland	Non Executive Independent Chairperson	8.8yrs	UK£125.00k	0.0094% £ 60.2k
Lindsey Martinez	Independent Non-Executive Director	8.8yrs	UK£91.29k	0.0094% £ 60.2k
Julia Bond	Non-Executive Director	less than a year	no data	no data

4.6yrs

Average Tenure

59yo

Average Age

Experienced Board: LW4's board of directors are considered experienced (4.6 years average tenure).

Impax Asset Management Group Management

Management criteria checks 3/4

Key information

Recent management updates

Founder recently sold €102k worth of stock

Impax Asset Management Group Plc, Annual General Meeting, Mar 12, 2024

Less than half of directors are independent

Founder recently sold €159k worth of stock

Impax Asset Management Group plc Announces Management Changes

Impax Asset Management Group plc, Annual General Meeting, Mar 16, 2023

Recent updates

Founder recently sold €102k worth of stock

Upcoming dividend of UK£0.23 per share at 5.1% yield

Full year 2023 earnings released: EPS: UK£0.30 (vs UK£0.46 in FY 2022)

Impax Asset Management Group Plc, Annual General Meeting, Mar 12, 2024

Impax Asset Management Group Plc to Report Fiscal Year 2023 Results on Nov 29, 2023

Investor sentiment improves as stock rises 25%

VERBUND AG acquired 38.4 MW Wind Portfolio in Germany's federal states of Hesse, North Rhine-Westphalia and Lower Saxony from a fund owned by investor Impax Asset Management Group Plc (LON:IPX).

Investor sentiment deteriorates as stock falls 16%

New major risk - Revenue and earnings growth

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Upcoming dividend of UK£0.047 per share at 4.4% yield

Investor sentiment deteriorates as stock falls 16%

First half 2023 earnings released: EPS: UK£0.13 (vs UK£0.21 in 1H 2022)

Now 24% undervalued after recent price drop

Impax Asset Management Group plc to Report First Half, 2023 Results on May 31, 2023

Less than half of directors are independent

Upcoming dividend of UK£0.23 per share at 3.4% yield

Founder recently sold €159k worth of stock

Full year 2022 earnings released: EPS: UK£0.46 (vs UK£0.32 in FY 2021)

Impax Asset Management Group plc Announces Management Changes

Impax Asset Management Group plc, Annual General Meeting, Mar 16, 2023

Sonnedix Power Holdings Limited acquired 36-MWp solar photovoltaic from Impax Asset Management Group plc (AIM:IPX).

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Impax Asset Management Group plc Announces the Appointment of Annette Wilson as Non-Executive Director, Effective 28 June 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.047 per share

First half 2022 earnings released

Impax Asset Management Group plc Declares Interim Dividend, Payable on 22 July 2022

Investor sentiment deteriorated over the past week

Impax Asset Management Group plc to Report First Half, 2022 Results on Jun 01, 2022

Impax Asset Management Group plc Announces Final Dividend

Impax Asset Management Group plc Announces Final Dividend

Investor sentiment deteriorated over the past week

Senior Independent Director recently bought €68k worth of stock

Upcoming dividend of UK£0.17 per share

Founder recently sold €315k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of UK£0.036 per share

First half 2021 earnings released: EPS UK£0.11 (vs UK£0.048 in 1H 2020)

Impax Asset Management Group plc (AIM:IPX) acquired remaining 16.7% stake in Impax Asset Management LLC for $3.3 million.

Encavis Infrastructure III fund managed by Encavis Asset Management AG acquired 110-MWp solar park in Netherlands from Impax Asset Management Group plc (AIM:IPX).

Impax Asset Management Group plc Hired Sean Maguire as A Managing Director

Founder recently sold €155k worth of stock

Impax Asset Management Group plc, Annual General Meeting, Mar 18, 2021

Investor sentiment improved over the past week

Impax Asset Management Group plc Announces Executive Changes

Full year 2020 earnings released: EPS UK£0.11

Revenue beats expectations

Impax Asset Management Group plc to Report Fiscal Year 2020 Results on Dec 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age