Virgin Money UK Management
Management criteria checks 4/4
Virgin Money UK's CEO is David Duffy, appointed in Oct 2015, has a tenure of 8.5 years. total yearly compensation is £2.65M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth £3.40M. The average tenure of the management team and the board of directors is 3.1 years and 5.5 years respectively.
Key information
David Duffy
Chief executive officer
UK£2.7m
Total compensation
| CEO salary percentage | 39.9% |
| CEO tenure | 8.5yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.1yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Virgin Money UK (LON:VMUK) Passed With Ease
Feb 20
Results: Virgin Money UK PLC Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 27Breakeven Is Near for Virgin Money UK PLC (LON:VMUK)
May 13This Insider Has Just Sold Shares In Virgin Money UK PLC (LON:VMUK)
Mar 09Trade Alert: The Group Human Resources Director Of Virgin Money UK PLC (LON:VMUK), Kate Guthrie, Has Sold Some Shares Recently
Feb 18
What Kind Of Investors Own Most Of Virgin Money UK PLC (LON:VMUK)?
Feb 16Virgin Money UK PLC's (LON:VMUK) Has Found A Path To Profitability
Jan 12Virgin Money UK's (LON:VMUK) Stock Price Has Reduced 61% In The Past Three Years
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | UK£3m | UK£1m | UK£192m |
| Jun 30 2023 | n/a | n/a | UK£307m |
| Mar 31 2023 | n/a | n/a | UK£421m |
| Dec 31 2022 | n/a | n/a | UK£444m |
| Sep 30 2022 | UK£2m | UK£1m | UK£467m |
| Jun 30 2022 | n/a | n/a | UK£510m |
| Mar 31 2022 | n/a | n/a | UK£553m |
| Dec 31 2021 | n/a | n/a | UK£474m |
| Sep 30 2021 | UK£3m | UK£1m | UK£395m |
| Jun 30 2021 | n/a | n/a | UK£117m |
| Mar 31 2021 | n/a | n/a | -UK£162m |
| Dec 31 2020 | n/a | n/a | -UK£191m |
| Sep 30 2020 | UK£1m | UK£1m | -UK£220m |
| Jun 30 2020 | n/a | n/a | -UK£247m |
| Mar 31 2020 | n/a | n/a | -UK£274m |
| Dec 31 2019 | n/a | n/a | -UK£263m |
| Sep 30 2019 | UK£3m | UK£1m | -UK£253m |
| Jun 30 2019 | n/a | n/a | -UK£166m |
| Mar 31 2019 | n/a | n/a | -UK£80m |
| Dec 31 2018 | n/a | n/a | -UK£127m |
| Sep 30 2018 | UK£2m | UK£1m | -UK£174m |
| Jun 30 2018 | n/a | n/a | -UK£63m |
| Mar 31 2018 | n/a | n/a | UK£47m |
| Dec 31 2017 | n/a | n/a | UK£100m |
| Sep 30 2017 | UK£2m | UK£1m | UK£153m |
Compensation vs Market: David's total compensation ($USD3.27M) is about average for companies of similar size in the UK market ($USD2.61M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Duffy (62 yo)
8.5yrs
Tenure
UK£2,651,000
Compensation
Mr. David Joseph Duffy, B.B.S., MA, serves as Executive Director at Virgin Money Plc since October 15, 2018 and serves as its Chief Executive Officer. He joined Virgin Money Plc in June 2015. Mr. Duffy ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.5yrs | UK£2.65m | 0.12% £ 3.4m | |
| CFO & Executive Director | 3.1yrs | UK£974.00k | 0.020% £ 545.6k | |
| Chief Operating Officer | 1.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Purpose Officer | 9.4yrs | no data | 0.027% £ 764.6k | |
| Group Chief People & Communications Officer | 2.4yrs | no data | 0.020% £ 545.6k | |
| Senior Adviser | 3.3yrs | no data | no data | |
| Group Chief Risk Officer | 2.3yrs | no data | no data | |
| Head of Treasury Debt Capital Markets | no data | no data | no data | |
| Managing Director of Business & Commercial | 1.3yrs | no data | no data | |
| Group Company Secretary | 9.5yrs | no data | no data | |
| Group Treasurer | no data | no data | no data |
3.1yrs
Average Tenure
54.5yo
Average Age
Experienced Management: VMUK's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.5yrs | UK£2.65m | 0.12% £ 3.4m | |
| CFO & Executive Director | 3.1yrs | UK£974.00k | 0.020% £ 545.6k | |
| Non-Executive Director | 1.5yrs | no data | 0.0019% £ 53.7k | |
| Non Executive Chairman | 8.5yrs | UK£409.00k | 0.0031% £ 86.8k | |
| Independent Non-Executive Director | 5.5yrs | UK£163.00k | 0.00091% £ 25.3k | |
| Independent Non-Executive Director | 5.8yrs | UK£155.00k | 0.00061% £ 17.0k | |
| Senior Independent Non-Executive Director | 7.6yrs | UK£194.00k | 0.0039% £ 108.5k | |
| Independent Non-Executive Director | 3.1yrs | UK£142.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
5.5yrs
Average Tenure
59yo
Average Age
Experienced Board: VMUK's board of directors are considered experienced (5.5 years average tenure).