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 percentage28.9%
CEO tenure10.6yrs
CEO ownership0.2%
Management average tenure4.6yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Edwards's remuneration changed compared to Bakkavor Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 29 2024n/an/a

UK£64m

Mar 29 2024n/an/a

UK£59m

Dec 30 2023n/an/a

UK£54m

Sep 30 2023n/an/a

UK£33m

Jul 01 2023n/an/a

UK£12m

Apr 01 2023n/an/a

UK£12m

Dec 31 2022UK£796kUK£529k

UK£13m

Sep 30 2022n/an/a

UK£35m

Jun 25 2022n/an/a

UK£58m

Mar 25 2022n/an/a

UK£57m

Dec 25 2021UK£1mUK£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

NamePositionTenureCompensationOwnership
Mike Edwards
Group CEO10.6yrsUK£2.42m0.19%
£ 2.0m
Lydur Gudmundsson
Co-Founder & Non-Independent Non-Executive Director38.8yrsUK£74.00k24.61%
£ 265.5m
Benjamin Waldron
Asia CEO3.8yrsUK£1.50m0.049%
£ 527.4k
Donna Lee
Chief People Officer & Member of Management Board6.1yrsno datano data
Richard Wooldridge
Interim Head of Investor Relationsno datano datano data
Annabel Tagoe-Bannerman
Group General Counsel & Company Secretary5.3yrsno datano data
Kuldip Bains
Head of Operational Finance - UKno datano datano data
Dave Selleck
Managing Director of Meals1.8yrsno datano data
Shona Taylor
Managing Director of Bakery1.8yrsno datano data
Kamran Lodi
Chief Operating Officer of US1.6yrsno datano data

4.6yrs

Average Tenure

57yo

Average Age

Experienced Management: 5I4's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mike Edwards
Group CEO3.8yrsUK£2.42m0.19%
£ 2.0m
Lydur Gudmundsson
Co-Founder & Non-Independent Non-Executive Director38.8yrsUK£74.00k24.61%
£ 265.5m
Benjamin Waldron
Asia CEO3.8yrsUK£1.50m0.049%
£ 527.4k
Robert Berlin
Non-Independent Non-Executive Directorless than a yearno datano data
Simon Burke
Independent Non-Executive Chairman7.7yrsUK£211.00k0.011%
£ 121.3k
Denis M. Hennequin
Independent Non-Executive Director7.7yrsUK£74.00kno data
Agust Gudmundsson
Non-Independent & Non-Executive Director38.8yrsUK£77.00k24.57%
£ 265.1m
Umran Beba
Independent Non-Executive Director4.1yrsUK£80.00kno data
Jane Lodge
Independent Non-Executive Director6.5yrsUK£76.00k0.0086%
£ 93.3k
Jill Caseberry
Senior Independent Director3.6yrsUK£75.00kno data
Sanjeevan Bala
Independent Non-Executive Director3.2yrsUK£75.00kno data

4.1yrs

Average Tenure

59yo

Average Age

Experienced Board: 5I4's board of directors are considered experienced (4.1 years average tenure).