Bakkavor Group Management
Management criteria checks 2/4
Bakkavor Group's CEO is Mike Edwards, appointed in Mar 2014, has a tenure of 10.58 years. total yearly compensation is £2.42M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth €2.03M. The average tenure of the management team and the board of directors is 4.6 years and 4.1 years respectively.
Key information
Mike Edwards
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 28.9% |
| CEO tenure | 10.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 29 2024 | n/a | n/a | UK£64m |
| Mar 29 2024 | n/a | n/a | UK£59m |
| Dec 30 2023 | n/a | n/a | UK£54m |
| Sep 30 2023 | n/a | n/a | UK£33m |
| Jul 01 2023 | n/a | n/a | UK£12m |
| Apr 01 2023 | n/a | n/a | UK£12m |
| Dec 31 2022 | UK£796k | UK£529k | UK£13m |
| Sep 30 2022 | n/a | n/a | UK£35m |
| Jun 25 2022 | n/a | n/a | UK£58m |
| Mar 25 2022 | n/a | n/a | UK£57m |
| Dec 25 2021 | UK£1m | UK£481k | UK£57m |
Compensation vs Market: Mike's total compensation ($USD3.17M) is above average for companies of similar size in the German market ($USD1.41M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.
CEO
Mike Edwards (57 yo)
10.6yrs
Tenure
UK£2,418,000
Compensation
Mr. Mike Edwards had been Chief Operating Officer of UK and serves as Member of Management Board at Bakkavor Group plc. and also serves as its Executive Director since December 27, 2020 and serves as its G...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 10.6yrs | UK£2.42m | 0.19% £ 2.0m | |
| Co-Founder & Non-Independent Non-Executive Director | 38.8yrs | UK£74.00k | 24.61% £ 265.5m | |
| Asia CEO | 3.8yrs | UK£1.50m | 0.049% £ 527.4k | |
| Chief People Officer & Member of Management Board | 6.1yrs | no data | no data | |
| Interim Head of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 5.3yrs | no data | no data | |
| Head of Operational Finance - UK | no data | no data | no data | |
| Managing Director of Meals | 1.8yrs | no data | no data | |
| Managing Director of Bakery | 1.8yrs | no data | no data | |
| Chief Operating Officer of US | 1.6yrs | no data | no data |
4.6yrs
Average Tenure
57yo
Average Age
Experienced Management: 5I4's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 3.8yrs | UK£2.42m | 0.19% £ 2.0m | |
| Co-Founder & Non-Independent Non-Executive Director | 38.8yrs | UK£74.00k | 24.61% £ 265.5m | |
| Asia CEO | 3.8yrs | UK£1.50m | 0.049% £ 527.4k | |
| Non-Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman | 7.7yrs | UK£211.00k | 0.011% £ 121.3k | |
| Independent Non-Executive Director | 7.7yrs | UK£74.00k | no data | |
| Non-Independent & Non-Executive Director | 38.8yrs | UK£77.00k | 24.57% £ 265.1m | |
| Independent Non-Executive Director | 4.1yrs | UK£80.00k | no data | |
| Independent Non-Executive Director | 6.5yrs | UK£76.00k | 0.0086% £ 93.3k | |
| Senior Independent Director | 3.6yrs | UK£75.00k | no data | |
| Independent Non-Executive Director | 3.2yrs | UK£75.00k | no data |
4.1yrs
Average Tenure
59yo
Average Age
Experienced Board: 5I4's board of directors are considered experienced (4.1 years average tenure).