Lloyds Banking Group Management
Management criteria checks 4/4
Lloyds Banking Group's CEO is Charlie Nunn, appointed in Aug 2021, has a tenure of 1.92 years. total yearly compensation is £3.77M, comprised of 30.1% salary and 69.9% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth £124.01K. The average tenure of the management team and the board of directors is 7.2 years and 3.5 years respectively.
Key information
Charlie Nunn
Chief executive officer
UK£3.8m
Total compensation
| CEO salary percentage | 30.1% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.0004% |
| Management average tenure | 7.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | UK£6b |
| Dec 31 2022 | UK£4m | UK£1m | UK£5b |
| Sep 30 2022 | n/a | n/a | UK£4b |
| Jun 30 2022 | n/a | n/a | UK£4b |
| Mar 31 2022 | n/a | n/a | UK£5b |
| Dec 31 2021 | UK£6m | UK£426k | UK£5b |
Compensation vs Market: Charlie's total compensation ($USD4.86M) is about average for companies of similar size in the UK market ($USD5.14M).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
CEO
Charlie Nunn (52 yo)
1.9yrs
Tenure
UK£3,767,000
Compensation
Mr. Charles Alan Nunn, also known as Charlie, has been Group Chief Executive & Executive Director at Lloyds Banking Group Plc and HBOS plc since August 16, 2021. He serves as Executive Director and Chief E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 1.9yrs | UK£3.77m | 0.00045% £ 124.0k | |
| Group CFO & Executive Director | 3.9yrs | UK£3.14m | 0.00022% £ 60.6k | |
| Interim Group Chief Operating Officer | 7.4yrs | no data | 0.0034% £ 937.0k | |
| Group Chief Information Officer | 5.1yrs | no data | no data | |
| Director of Group Strategy | no data | no data | no data | |
| Company Secretary & Group General Counsel | 8.5yrs | no data | no data | |
| Group Director of Conduct | 7.5yrs | no data | no data | |
| Head of Media Relations | no data | no data | no data | |
| Head of Corporate Development & Head of Commercial Banking Market | 6.9yrs | no data | no data | |
| Chief People & Places Officer | 1.1yrs | no data | no data | |
| Chief Executive Officer of Scottish Widows and Group Director of Insurance & Wealth | 12.3yrs | no data | 0.012% £ 3.3m | |
| Head of Global Services & MD | 10.4yrs | no data | no data |
7.2yrs
Average Tenure
57yo
Average Age
Experienced Management: LLPD's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 1.9yrs | UK£3.77m | 0.00045% £ 124.0k | |
| Group CFO & Executive Director | 3.9yrs | UK£3.14m | 0.00022% £ 60.6k | |
| Independent Non-Executive Director | 6.1yrs | UK£282.00k | 0.0035% £ 975.6k | |
| Independent Non-Executive Director | less than a year | UK£19.00k | 0.00067% £ 184.6k | |
| Independent Deputy Chairman & Senior Independent Director | 8.8yrs | UK£445.00k | 0.00031% £ 85.4k | |
| Non-Executive Independent Director | less than a year | UK£189.00k | 0.00026% £ 71.7k | |
| Independent Non-Executive Director | 4.8yrs | UK£175.00k | 0.00010% £ 27.6k | |
| Independent Non-Executive Director | 3.3yrs | UK£242.00k | 0.00017% £ 46.8k | |
| Independent Chairman | 2.8yrs | UK£625.00k | 0.0024% £ 650.4k | |
| Independent Non-Executive Director | 3.6yrs | UK£229.00k | 0.00031% £ 85.4k | |
| Independent Non-Executive Director | 1.7yrs | UK£98.00k | 0.000030% £ 8.3k | |
| Lead Technical Advisor | 5.4yrs | no data | no data |
3.5yrs
Average Tenure
60yo
Average Age
Experienced Board: LLPD's board of directors are considered experienced (3.5 years average tenure).