Bakkavor Group Management

Management criteria checks 2/4

Bakkavor Group's CEO is Mike Edwards, appointed in Mar 2014, has a tenure of 10.75 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 €1.92M. The average tenure of the management team and the board of directors is 3.8 years and 4.3 years respectively.

Key information

Mike Edwards

Chief executive officer

UK£2.4m

Total compensation

CEO salary percentage28.9%
CEO tenure10.8yrs
CEO ownership0.2%
Management average tenure3.8yrs
Board average tenure4.3yrs

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 ($USD3.04M) is above average for companies of similar size in the German market ($USD1.46M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


CEO

Mike Edwards (57 yo)

10.8yrs

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 CEO10.8yrsUK£2.42m0.19%
€ 1.9m
Lydur Gudmundsson
Co-Founder & Non-Independent Non-Executive Director38.9yrsUK£74.00k24.61%
€ 251.2m
Lee Miley
CFO & Executive Directorless than a yearno data0.017%
€ 172.2k
Donna Lee
Chief People Officer & Member of Management Board6.3yrsno datano data
Richard Wooldridge
Interim Head of Investor Relationsno datano datano data
Annabel Tagoe-Bannerman
Group General Counsel & Company Secretary5.5yrsno datano data
Kuldip Bains
Head of Operational Finance - UKno datano datano data
Dave Selleck
Managing Director of Meals2yrsno datano data
Shona Taylor
Managing Director of Bakery2yrsno datano data
Kamran Lodi
Chief Operating Officer of US1.8yrsno datano data

3.8yrs

Average Tenure

Experienced Management: 5I4's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mike Edwards
Group CEO4yrsUK£2.42m0.19%
€ 1.9m
Lydur Gudmundsson
Co-Founder & Non-Independent Non-Executive Director38.9yrsUK£74.00k24.61%
€ 251.2m
Lee Miley
CFO & Executive Directorless than a yearno data0.017%
€ 172.2k
Robert Berlin
Non-Independent Non-Executive Directorless than a yearno datano data
Simon Burke
Independent Non-Executive Chairman7.8yrsUK£211.00k0.011%
€ 114.8k
Denis M. Hennequin
Independent Non-Executive Director7.8yrsUK£74.00kno data
Agust Gudmundsson
Non-Independent & Non-Executive Director38.9yrsUK£77.00k24.57%
€ 250.9m
Umran Beba
Independent Non-Executive Director4.3yrsUK£80.00kno data
Jane Lodge
Independent Non-Executive Director6.7yrsUK£76.00k0.0086%
€ 88.3k
Jill Caseberry
Senior Independent Director3.8yrsUK£75.00kno data
Sanjeevan Bala
Independent Non-Executive Director3.3yrsUK£75.00kno data

4.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 5I4's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 12:56
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/29
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bakkavor Group plc is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sriram GurijalaBarclays
Fintan RyanBerenberg
Cedric BesnardCitigroup Inc