Jet2 Management
Management criteria checks 3/4
Jet2's CEO is Steve Heapy, appointed in Sep 2020, has a tenure of 3.67 years. total yearly compensation is £2.39M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €4.48M. The average tenure of the management team and the board of directors is 10.1 years and 4.1 years respectively.
Key information
Steve Heapy
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 32.4% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 10.1yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | UK£431m |
| Jun 30 2023 | n/a | n/a | UK£361m |
| Mar 31 2023 | UK£2m | UK£774k | UK£291m |
| Dec 31 2022 | n/a | n/a | UK£247m |
| Sep 30 2022 | n/a | n/a | UK£204m |
| Jun 30 2022 | n/a | n/a | -UK£56m |
| Mar 31 2022 | UK£1m | UK£684k | -UK£315m |
| Dec 31 2021 | n/a | n/a | -UK£341m |
| Sep 30 2021 | n/a | n/a | -UK£366m |
| Jun 30 2021 | n/a | n/a | -UK£333m |
| Mar 31 2021 | UK£690k | UK£597k | -UK£299m |
| Dec 31 2020 | n/a | n/a | -UK£281m |
| Sep 30 2020 | n/a | n/a | -UK£262m |
| Jun 30 2020 | n/a | n/a | -UK£75m |
| Mar 31 2020 | UK£835k | UK£727k | UK£112m |
| Sep 30 2019 | n/a | n/a | UK£141m |
| Jun 30 2019 | n/a | n/a | UK£139m |
| Mar 31 2019 | UK£1m | UK£530k | UK£137m |
| Dec 31 2018 | n/a | n/a | UK£171m |
| Sep 30 2018 | n/a | n/a | UK£202m |
| Jun 30 2018 | n/a | n/a | UK£155m |
| Mar 31 2018 | UK£1m | UK£480k | UK£107m |
Compensation vs Market: Steve's total compensation ($USD2.99M) is about average for companies of similar size in the German market ($USD2.40M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
CEO
Steve Heapy (54 yo)
3.7yrs
Tenure
UK£2,388,000
Compensation
Mr. Stephen Paul Heapy, also known as Steve, has been Chief Executive Officer at Jet2holidays Ltd. since November 30, 2009 and served as Managing Director. Mr. Heapy serves as Chief Executive Officer of Je...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.7yrs | UK£2.39m | 0.13% £ 4.5m | |
| Group CFO & Executive Director | 10.9yrs | UK£1.83m | 0.048% £ 1.6m | |
| Head of Development – IT Systems Development | no data | no data | no data | |
| Group Company Secretary | 10.1yrs | no data | no data |
10.1yrs
Average Tenure
Experienced Management: DG1's management team is seasoned and experienced (10.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 10.9yrs | UK£2.39m | 0.13% £ 4.5m | |
| Group CFO & Executive Director | 10.9yrs | UK£1.83m | 0.048% £ 1.6m | |
| Independent Non-Executive Director | 1.1yrs | no data | no data | |
| Independent Non-Executive Director | 5.7yrs | UK£126.00k | 0.0014% £ 47.6k | |
| Independent Non-Executive Chairman | 4.1yrs | UK£94.00k | 0.0024% £ 82.3k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
4.1yrs
Average Tenure
57yo
Average Age
Experienced Board: DG1's board of directors are considered experienced (4.1 years average tenure).