Associated British Foods Management
Management criteria checks 2/4
Associated British Foods' CEO is George Weston, appointed in Apr 2005, has a tenure of 19.67 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 €95.76M. The average tenure of the management team and the board of directors is 15.1 years and 5 years respectively.
Key information
George Weston
Chief executive officer
UK£6.1m
Total compensation
| CEO salary percentage | 19.6% |
| CEO tenure | 19.7yrs |
| CEO ownership | 0.5% |
| Management average tenure | 15.1yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 14 2024 | UK£6m | UK£1m | UK£1b |
| Jun 14 2024 | n/a | n/a | UK£1b |
| Mar 02 2024 | n/a | n/a | UK£1b |
| Dec 02 2023 | n/a | n/a | UK£1b |
| Sep 16 2023 | UK£4m | UK£1m | UK£1b |
| Jun 16 2023 | n/a | n/a | UK£898m |
| Mar 04 2023 | n/a | n/a | UK£751m |
| Dec 04 2022 | n/a | n/a | UK£726m |
| Sep 17 2022 | UK£2m | UK£1m | UK£700m |
| Jun 17 2022 | n/a | n/a | UK£746m |
| Mar 16 2022 | n/a | n/a | UK£792m |
| Dec 16 2021 | n/a | n/a | UK£635m |
| Sep 18 2021 | UK£3m | UK£1m | UK£478m |
| Jun 18 2021 | n/a | n/a | UK£439m |
| Feb 27 2021 | n/a | n/a | UK£400m |
| Nov 27 2020 | n/a | n/a | UK£428m |
| Sep 12 2020 | UK£1m | UK£813k | UK£455m |
| Jun 12 2020 | n/a | n/a | UK£581m |
| Feb 29 2020 | n/a | n/a | UK£706m |
| Nov 30 2019 | n/a | n/a | UK£792m |
| Sep 14 2019 | UK£4m | UK£1m | UK£878m |
| Jun 14 2019 | n/a | n/a | UK£897m |
| Mar 02 2019 | n/a | n/a | UK£915m |
| Dec 02 2018 | n/a | n/a | UK£961m |
| Sep 15 2018 | UK£4m | UK£1m | UK£1b |
Compensation vs Market: George's total compensation ($USD7.59M) is above average for companies of similar size in the German market ($USD4.79M).
Compensation vs Earnings: George's compensation has increased by more than 20% in the past year.
CEO
George Weston (60 yo)
19.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 19.7yrs | UK£6.05m | 0.54% € 95.8m | |
| Finance Director & Director | 1.7yrs | UK£3.94m | 0.012% € 2.2m | |
| Chief People & Performance Officer | no data | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Chief Executive Officer of Primark/Penneys | 15.1yrs | no data | no data | |
| Director of Primark Cares | no data | no data | no data | |
| Ethical Trade & Environmental Sustainability Director | no data | no data | no data |
15.1yrs
Average Tenure
60yo
Average Age
Experienced Management: AFO2's management team is seasoned and experienced (15.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 25.7yrs | UK£6.05m | 0.54% € 95.8m | |
| Finance Director & Director | 1.8yrs | UK£3.94m | 0.012% € 2.2m | |
| Independent Chairman | 7.1yrs | UK£453.00k | 0.0033% € 588.6k | |
| Independent Non-Executive Director | 6.3yrs | UK£107.00k | 0.0014% € 245.1k | |
| Senior Independent Non-Executive Director | 3.8yrs | UK£105.00k | 0.000050% € 8.9k | |
| Independent Non-Executive Director | 8.7yrs | UK£151.00k | 0.00046% € 82.3k | |
| Independent Non-Executive Director | less than a year | UK£65.00k | 0.00040% € 71.6k | |
| Independent Non-Executive Director | less than a year | no data | 0.00057% € 102.0k | |
| Non-Executive Director | 13yrs | UK£81.00k | 0.070% € 12.6m | |
| Independent Non-Executive Director | 1.3yrs | UK£78.00k | 0.00025% € 44.7k |
5.0yrs
Average Tenure
60.5yo
Average Age
Experienced Board: AFO2's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:39 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/14 |
| Annual Earnings | 2024/09/14 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Associated British Foods plc is covered by 44 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rebecca McClellan | Banco Santander |
| Alexandra Oldroyd | Barclays |
| Nicolas Ceron | Barclays |