Dunelm Group Management

Management criteria checks 3/4

Dunelm Group's CEO is Nick Wilkinson, appointed in Feb 2018, has a tenure of 6.25 years. total yearly compensation is £1.99M, comprised of 29.3% salary and 70.7% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €5.00M. The average tenure of the management team and the board of directors is 2.1 years and 2.9 years respectively.

Key information

Nick Wilkinson

Chief executive officer

UK£2.0m

Total compensation

CEO salary percentage	29.3%
CEO tenure	6.3yrs
CEO ownership	0.2%
Management average tenure	2.1yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Wilkinson's remuneration changed compared to Dunelm Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 30 2023	n/a	n/a	UK£150m
Sep 30 2023	n/a	n/a	UK£151m
Jul 01 2023	UK£2m	UK£582k	UK£152m
Apr 01 2023	n/a	n/a	UK£151m
Dec 31 2022	n/a	n/a	UK£151m
Sep 30 2022	n/a	n/a	UK£161m
Jul 02 2022	UK£3m	UK£580k	UK£171m
Apr 02 2022	n/a	n/a	UK£162m
Dec 25 2021	n/a	n/a	UK£152m
Sep 25 2021	n/a	n/a	UK£141m
Jun 26 2021	UK£4m	UK£563k	UK£129m
Mar 26 2021	n/a	n/a	UK£120m
Dec 26 2020	n/a	n/a	UK£110m
Sep 26 2020	n/a	n/a	UK£99m
Jun 27 2020	UK£959k	UK£426k	UK£88m
Mar 27 2020	n/a	n/a	UK£100m
Dec 28 2019	n/a	n/a	UK£113m
Sep 28 2019	n/a	n/a	UK£107m
Jun 29 2019	UK£1m	UK£541k	UK£101m
Mar 29 2019	n/a	n/a	UK£93m
Dec 29 2018	n/a	n/a	UK£84m
Sep 29 2018	n/a	n/a	UK£79m
Jun 30 2018	UK£308k	UK£221k	UK£73m

Compensation vs Market: Nick's total compensation ($USD2.49M) is about average for companies of similar size in the German market ($USD2.59M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.

CEO

Nick Wilkinson (57 yo)

6.3yrs

Tenure

UK£1,985,000

Compensation

Mr. Nicholas Guy Wilkinson, also known as Nick, has been Chief Executive of Dunelm Group plc since February 1, 2018 and serves as Director since February 01, 2018 and has extensive retail experience across...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nicholas Wilkinson	CEO & Executive Director	6.3yrs	UK£1.99m	0.21% £ 5.0m
Will Adderley	Executive Deputy Chairman	32.3yrs	UK£20.00k	19% £ 447.7m
Karen Witts	CFO & Director	1.9yrs	UK£754.00k	0.017% £ 389.8k
William Adderley	Founder & Life President	no data	UK£20.00k	4.93% £ 116.2m
John Gahagan	Chief Information Officer & Technology Officer	less than a year	no data	no data
Luisa Wright	Company Secretary & General Counsel	2.3yrs	no data	no data
Amanda Cox	Stores & People Director	no data	no data	no data

2.1yrs

Average Tenure

57yo

Average Age

Experienced Management: DFQ's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas Wilkinson	CEO & Executive Director	6.3yrs	UK£1.99m	0.21% £ 5.0m
Will Adderley	Executive Deputy Chairman	32.3yrs	UK£20.00k	19% £ 447.7m
Karen Witts	CFO & Director	1.9yrs	UK£754.00k	0.017% £ 389.8k
Marion Sears	Non-Independent & Non-Executive Director	19.8yrs	UK£56.00k	0.052% £ 1.2m
Ian Bull	Independent Non-Executive Director	4.8yrs	UK£67.00k	0.0054% £ 128.2k
William Reeve	Senior Independent Non-Executive Director	8.8yrs	UK£73.00k	0.011% £ 256.4k
Ajay Kavan	Independent Non-Executive Director	less than a year	no data	no data
Alison Brittain	Independent Non-Executive Chair	1.7yrs	UK£179.00k	0.019% £ 437.1k
Vijay Talwar	Independent Non-Executive Director	2.6yrs	UK£56.00k	0.0048% £ 112.6k
Arja Taaveniku	Independent Non-Executive Director	3.3yrs	UK£56.00k	0.0030% £ 70.0k
Daniel Taylor	Independent Non-Executive Director	less than a year	no data	no data
Kelly Devine	Independent Non-Executive Director	2.2yrs	UK£56.00k	no data

2.9yrs

Average Tenure

54yo

Average Age

Experienced Board: DFQ's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Dunelm Group Management

Management criteria checks 3/4

Key information

Recent management updates

Dunelm Group plc Appoints Marion Sears as Non-Executive Director, with Effect from 24 April 2024

High number of new directors

Dunelm Group plc Announces Directorate Changes

Dunelm Group plc Announces Directorate Appointments, Effective 1 March 2024

Dunelm Group plc Announces Resignation of Peter Ruis from His Role as A Non-Executive Director

Dunelm Group plc, Annual General Meeting, Nov 16, 2023

Recent updates

Dunelm Group plc Appoints Marion Sears as Non-Executive Director, with Effect from 24 April 2024

High number of new directors

Dunelm Group plc Announces Directorate Changes

Upcoming dividend of UK£0.51 per share

First half dividend of UK£0.51 announced

First half 2024 earnings released: EPS: UK£0.45 (vs UK£0.46 in 1H 2023)

Dunelm Group plc Declares Special Dividend for the Period Ending 29 June 2024, Payable on 9 April 2024

Dunelm Group plc Announces Directorate Appointments, Effective 1 March 2024

Dunelm Group plc Announces Resignation of Peter Ruis from His Role as A Non-Executive Director

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Dunelm Group plc, Annual General Meeting, Nov 16, 2023

Upcoming dividend of UK£0.27 per share at 8.0% yield

Now 20% undervalued after recent price drop

Full year 2023 earnings released: EPS: UK£0.75 (vs UK£0.84 in FY 2022)

Dunelm Group plc Proposes Final Ordinary Dividend, Payable on 20 November 2023

Dunelm Group plc to Report First Half, 2024 Results on Feb 14, 2024

Now 21% undervalued

Upcoming dividend of UK£0.55 per share at 6.4% yield

First half 2023 earnings released: EPS: UK£0.46 (vs UK£0.56 in 1H 2022)

Dunelm Group plc Declares an Interim Ordinary Dividend, Payable on 11 April 2023

Dunelm Group plc Provides Earnings Guidance for the Full Year of 2023

Dunelm Group plc Announces Board Changes

High number of new directors

CEO & Executive Director recently sold €501k worth of stock

Upcoming dividend of UK£0.26 per share

High number of new directors

High number of new directors

Independent Chairman of the Board recently bought €286k worth of stock

Full year 2022 earnings released: EPS: UK£0.84 (vs UK£0.64 in FY 2021)

Dunelm Group plc Announces Joining of Alison Brittain as Non-Executive Director

Investor sentiment deteriorated over the past week

Dunelm Group plc to Report Fiscal Year 2023 Results on Sep 20, 2023

High number of new directors

Dunelm Group plc Appoints Alison Brittain as an Independent Non-Executive Director and Chair Designate

Dunelm Group plc Provides Earnings Guidance for the Full Year of 2023

High number of new directors

Independent Non-Executive Director recently bought €57k worth of stock

Dunelm Group plc Announces Chief Financial Officer Changes

Independent Chairman of the Board recently bought €118k worth of stock

Independent Chairman of the Board recently bought €359k worth of stock

Dunelm Group plc, Annual General Meeting, Nov 30, 2022

Dunelm Group plc Announces Executive Changes

Upcoming dividend of UK£0.14 per share

Upcoming dividend of UK£0.37 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Dunelm Group plc Declares an Interim Dividend for the Financial Year Ending 2 July 2022, Payable on 8 April 2022

Now 25% undervalued

Dunelm Group plc Provides Earnings Guidance for the Half Year and Full Year of 2022

High number of new directors

Upcoming dividend of UK£0.23 per share

Full year 2021 earnings released: EPS UK£0.64 (vs UK£0.43 in FY 2020)

Independent Non-Executive Director recently bought €67k worth of stock

Full year 2021 earnings released: EPS UK£0.64 (vs UK£0.43 in FY 2020)

Independent Non-Executive Director has left the company

Dunelm Group plc Appoints Arja Taaveniku as Non-Executive Director

First half 2021 earnings released: EPS UK£0.45 (vs UK£0.34 in 1H 2020)

New 90-day high: €15.60

Dunelm Announces the Appointment of Arja Taaveniku as A Non-Executive Director, Effective from 15 February 2021

New 90-day low: €12.92

New 90-day low: €13.59

New 90-day high: €16.90

Full year earnings released - EPS €0.43

Annual earnings released: Revenue misses expectations

Dunelm Group plc Do Not Proposes Final Dividend for the Period Ended 27 June 2020

Full year earnings released

New 90-day high - €15.17

New 90-day high - €13.84

CEO Compensation Analysis