Lookers Management

Management criteria checks 3/4

Lookers' CEO is Mark Raban, appointed in Feb 2020, has a tenure of 3.67 years. total yearly compensation is £1.08M, comprised of 41.5% salary and 58.5% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €4.17M. The average tenure of the management team and the board of directors is 3 years and 2.6 years respectively.

Key information

Mark Raban

Chief executive officer

UK£1.1m

Total compensation

CEO salary percentage	41.5%
CEO tenure	3.7yrs
CEO ownership	0.7%
Management average tenure	3yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Raban's remuneration changed compared to Lookers's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	UK£64m
Mar 31 2023	n/a	n/a	UK£69m
Dec 31 2022	UK£1m	UK£450k	UK£74m
Sep 30 2022	n/a	n/a	UK£76m
Jun 30 2022	n/a	n/a	UK£77m
Mar 31 2022	n/a	n/a	UK£69m
Dec 31 2021	UK£1m	UK£450k	UK£61m
Sep 30 2021	n/a	n/a	UK£66m
Jun 30 2021	n/a	n/a	UK£71m
Mar 31 2021	n/a	n/a	UK£33m
Dec 31 2020	UK£404k	UK£381k	-UK£5m
Sep 30 2020	n/a	n/a	-UK£56m
Jun 30 2020	n/a	n/a	-UK£108m
Mar 31 2020	n/a	n/a	-UK£75m
Dec 31 2019	UK£310k	UK£139k	-UK£42m

Compensation vs Market: Mark's total compensation ($USD1.33M) is about average for companies of similar size in the German market ($USD1.19M).

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

CEO

Mark Raban (56 yo)

3.7yrs

Tenure

UK£1,084,000

Compensation

Mr. Mark D. Raban has been Chief Executive Officer at Lookers plc since February 05, 2020 and is its Director since July 15, 2019 and was its Chief Financial Officer since July 15, 2019 until February 05,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Raban	CEO & Executive Director	3.7yrs	UK£1.08m	0.72% € 4.2m
Oliver Laird	CFO & Executive Director	1.9yrs	UK£675.00k	0.24% € 1.4m
Duncan McPhee	COO & Executive Director	2.8yrs	UK£675.00k	0.32% € 1.8m
Andy Garrett	Chief Information Officer	3yrs	no data	no data
Philip Kenny	General Counsel & Company Secretary	3.8yrs	no data	no data
Chris Whitaker	Chief People Officer	2.8yrs	no data	no data
Marcus Kenny	Chief Risk Officer	4.4yrs	no data	no data

3.0yrs

Average Tenure

Experienced Management: LO6A's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Raban	CEO & Executive Director	4.3yrs	UK£1.08m	0.72% € 4.2m
Oliver Laird	CFO & Executive Director	1.9yrs	UK£675.00k	0.24% € 1.4m
Duncan McPhee	COO & Executive Director	2.8yrs	UK£675.00k	0.32% € 1.8m
Susan Mair	Interim Senior Independent Non-Executive Director	1.1yrs	UK£25.00k	no data
Robin Churchouse	Independent Non-Executive Director	2.8yrs	UK£78.00k	no data
Paul Van Der Burgh	Interim Non-Executive Chairman	2.5yrs	UK£75.00k	0.0031% € 18.1k

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: LO6A's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Lookers Management

Management criteria checks 3/4

Key information

Recent management updates

Lookers Announces Directorate Change

High number of new and inexperienced directors

Lookers plc Announces Executive Changes

Lookers plc, Annual General Meeting, May 31, 2022

High number of new and inexperienced directors

Lookers plc Appoints Paul Van Der Burgh as Non-Executive Director, Effective from April 1, 2021

Recent updates

Lookers Announces Cancellation of Admission to Trading on the London Stock Exchange

Lookers plc(LSE:LOOK) dropped from FTSE All-Share Index (GBP)

Lookers' Shares to Be Delisted from London Stock Exchange on 9 October 2023

Lookers plc to Report First Half, 2023 Results on Aug 22, 2023

Investor sentiment deteriorates as stock falls 17%

Impero Jersey Corp Ltd entered into scheme of arrangement to acquire Lookers plc (LSE:LOOK) from J O Hambro Capital Management Limited, Artemis Investment Management LLP, Schroder Investment Management Limited, Cinch Holdco Uk Limited and others for approximately £470 million.

New major risk - Share price stability

Investor sentiment improves as stock rises 44%

Now 22% undervalued after recent price drop

Lookers plc Approves Final Dividend for the Year Ended December 31, 2022

Now 20% undervalued after recent price drop

Lookers plc (LSE:LOOK) acquired Business and assets of Waterhouse Cars Limited.

Upcoming dividend of UK£0.02 per share at 4.7% yield

Full year 2022 earnings released

Lookers plc to Report Fiscal Year 2022 Results on Apr 05, 2023

Lookers Announces Directorate Change

High number of new and inexperienced directors

Lookers plc (LSE:LOOK) commences an Equity Buyback Plan for 39,193,973 shares, representing 9.99% of its issued share capital, under the authorization approved on May 31, 2022.

Upcoming dividend of UK£0.01 per share

Lookers plc Announces Executive Changes

First half 2022 earnings released: EPS: UK£0.10 (vs UK£0.063 in 1H 2021)

Lookers plc Declares an Interim Dividend, Payable on 25 November 2022

Lookers plc to Report First Half, 2022 Results on Aug 24, 2022

Lookers plc Provides Earnings Guidance for the First Half of 2022

Lookers plc, Annual General Meeting, May 31, 2022

Upcoming dividend of UK£0.025 per share

Full year 2021 earnings released: EPS: UK£0.16 (vs UK£0.012 loss in FY 2020)

High number of new and inexperienced directors

Full year 2021 earnings released: EPS: UK£0.16 (vs UK£0.011 loss in FY 2020)

Lookers plc Proposes Final Dividend for the Year 2021, Payable on June 2022

Urban Logistics REIT plc (LSE:SHED) acquired A 94,841 sq. ft. last mile automotive logistics, servicing and sales centre in Battersea, London from Lookers plc (LSE:LOOK) for £28 million.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Non-Executive Chairman Philip White has left the company

First half 2021 earnings released: EPS UK£0.063 (vs UK£0.13 loss in 1H 2020)

Interim Chief Financial Officer Anna Bielby has left the company

Full year 2020 earnings released: UK£0.01 loss per share (vs UK£0.11 loss in FY 2019)

Senior Independent Director has left the company

Lookers plc Appoints Paul Van Der Burgh as Non-Executive Director, Effective from April 1, 2021

First half 2020 earnings released: UK£0.13 loss per share (vs UK£0.04 profit in 1H 2019)

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age