FirstGroup Management

Management criteria checks 4/4

FirstGroup's CEO is Graham Sutherland, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is £1.40M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth €448.49K. The average tenure of the management team and the board of directors is 4.1 years and 3.4 years respectively.

Key information

Graham Sutherland

Chief executive officer

UK£1.4m

Total compensation

CEO salary percentage	40.6%
CEO tenure	2.5yrs
CEO ownership	0.04%
Management average tenure	4.1yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Graham Sutherland's remuneration changed compared to FirstGroup's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 28 2024	n/a	n/a	UK£95m
Jun 28 2024	n/a	n/a	UK£42m
Mar 30 2024	UK£1m	UK£567k	-UK£10m
Dec 30 2023	n/a	n/a	-UK£8m
Sep 30 2023	n/a	n/a	-UK£7m
Jun 30 2023	n/a	n/a	UK£36m
Mar 25 2023	UK£1m	UK£484k	UK£79m

Compensation vs Market: Graham's total compensation ($USD1.75M) is about average for companies of similar size in the German market ($USD1.46M).

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

CEO

Graham Sutherland (61 yo)

2.5yrs

Tenure

UK£1,398,000

Compensation

Mr. Graham F. Sutherland serves as Chief Executive Officer & Executive Director at FirstGroup plc since May 16, 2022. He served as Chief Executive Officer of BT Business and Public Sector at BT Group plc s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Graham Sutherland	CEO & Executive Director	2.5yrs	UK£1.40m	0.042% € 448.5k
Ryan Mangold	CFO & Director	5.5yrs	UK£2.86m	0.29% € 3.2m
Marianna Bowes	Head of Investor Relations	no data	no data	no data
Stuart Butchers	Group Head of Communications	no data	no data	no data
Steve Montgomery	Managing Director of First Rail	9.1yrs	no data	no data
Janette Bell	Managing Director of First Bus	4.1yrs	no data	no data
David John Blizzard	Company Secretary	2.6yrs	no data	no data

4.1yrs

Average Tenure

Experienced Management: FGR's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Graham Sutherland	CEO & Executive Director	2.5yrs	UK£1.40m	0.042% € 448.5k
Ryan Mangold	CFO & Director	5.5yrs	UK£2.86m	0.29% € 3.2m
Peter Lynas	Acting Chair & Senior Independent Non-Executive Director	3.4yrs	UK£73.00k	0.013% € 143.5k
Jane Lodge	Independent Non-Executive Director	3.4yrs	UK£76.00k	0.0025% € 27.0k
Sally Cabrini	Independent Non-Executive Director	4.8yrs	UK£74.00k	0.0017% € 17.9k
Claire Hawkings	Independent Non-Executive Director	2.8yrs	UK£74.00k	0.0017% € 17.9k
Anthony Green	Group Employee Director	4.2yrs	UK£60.00k	0.00027% € 2.9k
Myrtle Dawes	Independent Non-Executive Director	2.6yrs	UK£66.00k	0.00058% € 6.2k

3.4yrs

Average Tenure

58yo

Average Age

Experienced Board: FGR's board of directors are considered experienced (3.4 years average tenure).

FirstGroup Management

Management criteria checks 4/4

Key information

Recent management updates

FirstGroup plc Announces the Termination of David Robert Martin as Director

First Group plc Appoints Lena Wilson to the Board as Chair on 1 February 2025

FirstGroup plc, Annual General Meeting, Jul 26, 2024

Non-Executive Chairman recently sold €213k worth of stock

CFO & Director recently sold €547k worth of stock

FirstGroup plc, Annual General Meeting, Jul 21, 2023

Recent updates

First half dividend of UK£0.017 announced

First half 2025 earnings released: EPS: UK£0.082 (vs UK£0.079 loss in 1H 2024)

New major risk - Financial position

FirstGroup plc (LSE:FGP) announces an Equity Buyback for £50 million worth of its shares.

FirstGroup plc Declares Interim Dividend for the Period Ended 28 September 2024, Payable on 31 December 2024

FirstGroup plc (LSE:FGP) acquired Lakeside Group Holdings Ltd.

FirstGroup plc (LSE:FGP) acquired Anderson Travel Limited from Mark Anderson and others.

FirstGroup plc Announces the Termination of David Robert Martin as Director

First Group plc Appoints Lena Wilson to the Board as Chair on 1 February 2025

FirstGroup plc Approves Final Dividend for the 53 Weeks Ended 30 March 2024

FirstGroup plc to Report First Half, 2025 Results on Nov 14, 2024

Upcoming dividend of UK£0.04 per share

FirstGroup plc, Annual General Meeting, Jul 26, 2024

Full year 2024 earnings released: UK£0.015 loss per share (vs UK£0.11 profit in FY 2023)

Firstgroup plc Proposes Final Dividend of Fiscal Year 2024, Payable on August 2024

Non-Executive Chairman recently sold €213k worth of stock

Now 22% overvalued

FirstGroup plc (LSE:FGP) signed an agreement to acquire York Pullman Bus Company Limited from Tom and Maxine James.

FirstGroup plc (LSE:FGP) signed an agreement to acquire York Pullman Bus Company Limited.

Now 22% overvalued after recent price rise

FirstGroup plc to Report Fiscal Year 2024 Results on Jun 03, 2024

CFO & Director recently sold €547k worth of stock

First half 2024 earnings released: UK£0.079 loss per share (vs UK£0.04 profit in 1H 2023)

FirstGroup plc Recommends Interim Dividend for the First Half of 2024, Payable on January 3, 2024

FirstGroup plc Approves Final Dividend for the 52 Weeks Ended 25 March 2023

Upcoming dividend of UK£0.029 per share at 2.6% yield

FirstGroup plc, Annual General Meeting, Jul 21, 2023

Investor sentiment improves as stock rises 20%

FirstGroup plc Proposes a Final Dividend, Payable on 18 August 2023

Full year 2023 earnings released: EPS: UK£0.11 (vs UK£0.011 loss in FY 2022)

FirstGroup plc (LSE:FGP) signed an agreement to acquire Ensign Bus Company Ltd.

FirstGroup plc (LSE:FGP) signed an agreement to acquire Ensign Bus Company Ltd.

FirstGroup plc - Lumo Appoints New Service Delivery Director

High number of new and inexperienced directors

First half 2023 earnings released: EPS: UK£0.05 (vs UK£0.034 loss in 1H 2022)

Firstgroup plc Declares Interim Dividend, Payable on 23 December 2022

FirstGroup plc to Report First Half, 2023 Results on Nov 09, 2022

High number of new and inexperienced directors

McGill's Bus Service Limited acquired First Scotland East Limited from FirstGroup plc (LSE:FGP).

FirstGroup plc Approves the Final Dividend for the Year Ended 26 March 2022

FirstGroup plc Announces Executive Changes

I Squared Capital Advisors (Uk) Llp cancelled the acquisition of FirstGroup plc.

I Squared Capital Advisors (Uk) Llp cancelled the acquisition of FirstGroup plc.

I Squared Capital Advisors (Uk) Llp made an offer to acquire FirstGroup plc (LSE:FGP) for £1.3 billion.

Investor sentiment improved over the past week

I Squared Capital Advisors (Uk) Llp made an offer to acquire FirstGroup plc (LSE:FGP) for £1.2 billion.

FirstGroup plc, Annual General Meeting, Jul 27, 2022

High number of new and inexperienced directors

FirstGroup plc Appoints Graham Sutherland as Chief Executive Officer, Effective 16 May 2022

FirstGroup plc Appoints Graham Sutherland as Executive Director Effective 16 May 2022

Investor sentiment improved over the past week

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

Independent Non-Executive Director Stephen William Gunning has left the company

Independent Non-Executive Director Martha Poulter has left the company

CEO & Executive Director Matthew Gregory has left the company

Coast Capital Provides Information to the Shareholders

CFO & Director recently bought €209k worth of stock

Full year 2021 earnings released: EPS UK£0.039 (vs UK£0.27 loss in FY 2020)

Senior Independent Non-Executive Director David Robbie has left the company

New 90-day high: €1.05

New 90-day high: €0.95

EQT Reportedly Tables Bid for British FirstGroup's US Ops

New 90-day high: €0.91

New 90-day high: €0.80

Firstgroup plc Announces Update on Train Operating Company Contracts

First half 2021 earnings released: UK£0.083 loss per share

Revenue beats expectations

New 90-day high: €0.72

FirstGroup plc to Report First Half, 2021 Results on Dec 10, 2020