Renishaw Management

Management criteria checks 4/4

Renishaw's CEO is Will Lee, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is £821.00K, comprised of 87.8% salary and 12.2% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €470.10K. The average tenure of the management team and the board of directors is 29.3 years and 7.3 years respectively.

Key information

Will Lee

Chief executive officer

UK£821.0k

Total compensation

CEO salary percentage	87.8%
CEO tenure	6.8yrs
CEO ownership	0.02%
Management average tenure	29.3yrs
Board average tenure	7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Will Lee's remuneration changed compared to Renishaw's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	UK£821k	UK£721k	UK£97m
Mar 31 2024	n/a	n/a	UK£97m
Dec 31 2023	n/a	n/a	UK£97m
Sep 30 2023	n/a	n/a	UK£107m
Jun 30 2023	UK£802k	UK£704k	UK£116m
Mar 31 2023	n/a	n/a	UK£116m
Dec 31 2022	n/a	n/a	UK£116m
Sep 30 2022	n/a	n/a	UK£118m
Jun 30 2022	UK£2m	UK£670k	UK£120m
Mar 31 2022	n/a	n/a	UK£124m
Dec 31 2021	n/a	n/a	UK£128m
Sep 30 2021	n/a	n/a	UK£119m
Jun 30 2021	UK£1m	UK£562k	UK£111m
Mar 31 2021	n/a	n/a	UK£78m
Dec 31 2020	n/a	n/a	UK£45m
Sep 30 2020	n/a	n/a	UK£23m
Jun 30 2020	UK£601k	UK£505k	UK£288k
Mar 31 2020	n/a	n/a	UK£24m
Dec 31 2019	n/a	n/a	UK£48m
Sep 30 2019	n/a	n/a	UK£70m
Jun 30 2019	UK£653k	UK£550k	UK£92m
Mar 31 2019	n/a	n/a	UK£110m
Dec 31 2018	n/a	n/a	UK£128m
Sep 30 2018	n/a	n/a	UK£130m
Jun 30 2018	UK£1m	UK£461k	UK£132m

Compensation vs Market: Will's total compensation ($USD1.04M) is below average for companies of similar size in the German market ($USD1.93M).

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

CEO

Will Lee (49 yo)

6.8yrs

Tenure

UK£821,000

Compensation

Mr. William Ernest Lee, also known as Will, MA, MBA, has been the Chief Executive of Renishaw plc since February 01, 2018 and served as its Member of the Executive Board since December 2015. Mr. Lee is res...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Lee	Chief Executive & Director	6.8yrs	UK£821.00k	0.017% € 470.1k
Daniel Deer	Co-Founder & Non-Executive Deputy Chairman	50.3yrs	UK£77.00k	16.61% € 459.5m
David McMurtry	Co-Founder & Non-Executive Director	51.8yrs	UK£788.00k	36.27% € 1.0b
Allen Christopher Roberts	Group Finance Director & Director	no data	UK£529.00k	0.014% € 397.1k
Rob Macdonald	Head of Group Finance	no data	no data	no data
Dave Wallace	Director of Group Operations	no data	no data	no data
Kasim Hussain	Group General Counsel & Company Secretary	less than a year	no data	no data
Chris Pockett	Head of Communications	no data	no data	no data
Rainer Lotz	President of EMEA	no data	no data	no data
Andy Buttrey	President of APAC	no data	no data	no data
Rupert Jones	Managing Director of Renishaw Medical	no data	no data	no data

29.3yrs

Average Tenure

67yo

Average Age

Experienced Management: REW's management team is seasoned and experienced (29.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Lee	Chief Executive & Director	8.3yrs	UK£821.00k	0.017% € 470.1k
Daniel Deer	Co-Founder & Non-Executive Deputy Chairman	50.3yrs	UK£77.00k	16.61% € 459.5m
David McMurtry	Co-Founder & Non-Executive Director	49.2yrs	UK£788.00k	36.27% € 1.0b
Allen Christopher Roberts	Group Finance Director & Director	44.1yrs	UK£529.00k	0.014% € 397.1k
Stephen Wilson	Independent Non-Executive Director	2.4yrs	UK£77.00k	0.0021% € 57.0k
Catherine Glickman	Independent Non-Executive Director	6.3yrs	UK£77.00k	0.00093% € 25.7k
David Grant	Independent Interim Non-Executive Chairman	12.6yrs	UK£77.00k	no data
Juliette Stacey	Independent Non-Executive Director	2.8yrs	UK£77.00k	no data
Karen Holford	Independent Non-Executive Director	1.2yrs	UK£64.00k	no data
Richard McMurtry	Non-Executive Director	less than a year	no data	no data

7.3yrs

Average Tenure

66yo

Average Age

Experienced Board: REW's board of directors are considered experienced (7.3 years average tenure).

Renishaw Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

Renishaw plc, Annual General Meeting, Nov 27, 2024

Renishaw plc Announces Directorate Changes, Effective from 1 July 2024

Less than half of directors are independent

Renishaw plc Appoints Karen Holford CBE as Non-Executive Director, Effective 1 September 2023

Renishaw plc, Annual General Meeting, Nov 29, 2023

Recent updates

Renishaw plc Provides Earnings Guidance for the Year 2025

Upcoming dividend of UK£0.59 per share

Renishaw plc to Report First Half, 2025 Results on Feb 13, 2025

Less than half of directors are independent

Renishaw plc, Annual General Meeting, Nov 27, 2024

Final dividend of UK£0.59 announced

Full year 2024 earnings released: EPS: UK£1.33 (vs UK£1.60 in FY 2023)

Now 21% overvalued

Renishaw plc Announces Directorate Changes, Effective from 1 July 2024

Renishaw plc Revises Earnings Guidance for the Full Year 2024

Renishaw plc(LSE:RSW) dropped from FTSE All-World Index (USD)

Upcoming dividend of UK£0.17 per share

Investor sentiment improves as stock rises 20%

Renishaw plc to Report Fiscal Year 2024 Results on Sep 12, 2024

First half dividend of UK£0.17 announced

First half 2024 earnings released: EPS: UK£0.62 (vs UK£0.88 in 1H 2023)

Renishaw plc Approves Interim Dividend, Payable on 9 April 2024

Renishaw plc to Report Q2, 2024 Results on Feb 06, 2024

Upcoming dividend of UK£0.59 per share at 2.6% yield

Full year 2023 earnings released: EPS: UK£1.60 (vs UK£1.65 in FY 2022)

Renishaw plc Proposes Final Dividend in Respect of 2023, Payable on 7 December 2023

Renishaw plc Provides Revenue Guidance for the Year Ended 30Th June 2023

Less than half of directors are independent

Renishaw plc Appoints Karen Holford CBE as Non-Executive Director, Effective 1 September 2023

Renishaw plc, Annual General Meeting, Nov 29, 2023

Upcoming dividend of UK£0.17 per share at 1.8% yield

First half 2023 earnings released: EPS: UK£0.88 (vs UK£0.94 in 1H 2022)

Renishaw plc Announces Interim Dividend, Payable on 11 April 2023

Upcoming dividend of UK£0.57 per share

Renishaw plc to Report First Half, 2023 Results on Feb 02, 2023

Full year 2022 earnings released

Renishaw plc Proposes Final Dividend in Respect of 2022, Payable on 5 December 2022

Renishaw plc to Report Fiscal Year 2022 Final Results on Sep 30, 2022

Renishaw plc Provides Revenue Guidance for the Year Ending 30 June 2022

Renishaw plc to Report Fiscal Year 2022 Results on Sep 15, 2022

Less than half of directors are independent

Chief Executive & Director recently bought €59k worth of stock

Renishaw plc, Annual General Meeting, Nov 30, 2022

Renishaw plc Appoints Stephen Wilson as Non-Executive Director, Audit, Nomination and Remuneration Committees

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.16 per share

Renishaw plc Announces Resignation of John Jeans as Non-Executive Director

Renishaw plc Approves an Interim Dividend, Payable on 11 April 2022

Full year 2021 earnings released: EPS UK£1.53 (vs UK£0.004 in FY 2020)

Insufficient new directors

Renishaw plc(LSE:RSW) dropped from FTSE 100 Index

Renishaw Reportedly Struggling to Attract Takeover Interest

Renishaw plc Provides Revenue Guidance for the Full Year 2021

Renishaw plc Provides Revenue Guidance for the Financial Year Ending 30 June 2021

New 90-day high: €78.50

New 90-day high: €71.50

First half 2021 earnings released: EPS UK£0.72 (vs UK£0.10 in 1H 2020)

Revenue beats expectations

Renishaw plc, Annual General Meeting, Oct 21, 2021

New 90-day high: €70.00

New 90-day high: €65.60

New 90-day high: €59.20

Full year earnings released - EPS €0.004

Key Executive recently sold €287.4k worth of stock

Full year earnings released - EPS €0.004

Renishaw plc Does not Declare Final Dividend of the Year Ending 30 June 2020

New 90-day high - €54.75

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age