Associated British Foods plc

DB:AFO1 Stock Report

Market Cap: €19.4b

Associated British Foods Management

Management criteria checks 2/4

Associated British Foods' CEO is George Weston, appointed in Apr 2005, has a tenure of 19.58 years. total yearly compensation is £6.05M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth €104.26M. The average tenure of the management team and the board of directors is 15 years and 4.9 years respectively.

Key information

George Weston

Chief executive officer

UK£6.1m

Total compensation

CEO salary percentage19.6%
CEO tenure19.6yrs
CEO ownership0.5%
Management average tenure15yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has George Weston's remuneration changed compared to Associated British Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 14 2024UK£6mUK£1m

UK£1b

Jun 14 2024n/an/a

UK£1b

Mar 02 2024n/an/a

UK£1b

Dec 02 2023n/an/a

UK£1b

Sep 16 2023UK£4mUK£1m

UK£1b

Jun 16 2023n/an/a

UK£898m

Mar 04 2023n/an/a

UK£751m

Dec 04 2022n/an/a

UK£726m

Sep 17 2022UK£2mUK£1m

UK£700m

Jun 17 2022n/an/a

UK£746m

Mar 16 2022n/an/a

UK£792m

Dec 16 2021n/an/a

UK£635m

Sep 18 2021UK£3mUK£1m

UK£478m

Jun 18 2021n/an/a

UK£439m

Feb 27 2021n/an/a

UK£400m

Nov 27 2020n/an/a

UK£428m

Sep 12 2020UK£1mUK£813k

UK£455m

Jun 12 2020n/an/a

UK£581m

Feb 29 2020n/an/a

UK£706m

Nov 30 2019n/an/a

UK£792m

Sep 14 2019UK£4mUK£1m

UK£878m

Jun 14 2019n/an/a

UK£897m

Mar 02 2019n/an/a

UK£915m

Dec 02 2018n/an/a

UK£961m

Sep 15 2018UK£4mUK£1m

UK£1b

Compensation vs Market: George's total compensation ($USD7.61M) is above average for companies of similar size in the German market ($USD4.78M).

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

CEO

George Weston (60 yo)

19.6yrs

Tenure

UK£6,053,000

Compensation

Mr. George Garfield Weston has been the Chief Executive Officer of Associated British Foods plc since April 1, 2005. Mr. Weston has been the Chief Executive officer of Weston Foods Ltd., a holding Company...

Leadership Team

NamePositionTenureCompensationOwnership
George Weston
CEO & Executive Director19.6yrsUK£6.05m0.54%
€ 104.3m
Eoin Tonge
Finance Director & Director1.6yrsUK£3.94m0.017%
€ 3.3m
Sue Whalley
Chief People & Performance Officerno datano datano data
Paul Lister
Company Secretaryno datano datano data
Paul Marchant
Chief Executive Officer of Primark/Penneys15yrsno datano data
Lynne Walker
Director of Primark Caresno datano datano data
Katharine Stewart
Ethical Trade & Environmental Sustainability Directorno datano datano data

15.0yrs

Average Tenure

60yo

Average Age

Experienced Management: AFO1's management team is seasoned and experienced (15 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
George Weston
CEO & Executive Director25.6yrsUK£6.05m0.54%
€ 104.3m
Eoin Tonge
Finance Director & Director1.8yrsUK£3.94m0.017%
€ 3.3m
Michael George McLintock
Independent Chairman7yrsUK£453.00k0.0033%
€ 635.0k
Graham Allan
Independent Non-Executive Director6.2yrsUK£107.00k0.0014%
€ 264.1k
Heather Rabbatts
Senior Independent Non-Executive Director3.7yrsUK£105.00k0.000050%
€ 9.7k
Richard Reid
Independent Non-Executive Director8.6yrsUK£151.00k0.00046%
€ 89.3k
Kumsal Besson
Independent Non-Executive Directorless than a yearUK£65.00k0.00040%
€ 77.7k
Loraine Woodhouse
Independent Non-Executive Directorless than a yearno datano data
Emma Adamo
Non-Executive Director12.9yrsUK£81.00k0.070%
€ 13.5m
Annie Murphy
Independent Non-Executive Director1.2yrsUK£78.00k0.00025%
€ 48.5k

4.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: AFO1's board of directors are considered experienced (4.9 years average tenure).