ITM Power Plc

AIM:ITM Stock Report

Market Cap: UK£487.7m

ITM Power Management

Management criteria checks 3/4

ITM Power's CEO is Dennis Schulz, appointed in Dec 2022, has a tenure of 2.92 years. total yearly compensation is £1.17M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth £150.27K. The average tenure of the management team and the board of directors is 4.2 years and 3.1 years respectively.

Key information

Dennis Schulz

Chief executive officer

UK£1.2m

Total compensation

CEO salary percentage40.64%
CEO tenure2.9yrs
CEO ownership0.03%
Management average tenure4.2yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

Why Investors Shouldn't Be Surprised By ITM Power Plc's (LON:ITM) 25% Share Price Surge

Oct 04
Why Investors Shouldn't Be Surprised By ITM Power Plc's (LON:ITM) 25% Share Price Surge
User avatar

EU Renewable Hydrogen Demand Will Spur Electrolyzer Capacity Expansion

EU hydrogen strategy could boost ITM's revenues due to increased demand for their technology as electrolyzer capacity expands.

ITM Power Plc (LON:ITM) Just Reported And Analysts Have Been Cutting Their Estimates

Aug 17
ITM Power Plc (LON:ITM) Just Reported And Analysts Have Been Cutting Their Estimates

Calculating The Intrinsic Value Of ITM Power Plc (LON:ITM)

Dec 12
Calculating The Intrinsic Value Of ITM Power Plc (LON:ITM)

Is It Time To Consider Buying ITM Power Plc (LON:ITM)?

Oct 14
Is It Time To Consider Buying ITM Power Plc (LON:ITM)?

Companies Like ITM Power (LON:ITM) Are In A Position To Invest In Growth

Aug 23
Companies Like ITM Power (LON:ITM) Are In A Position To Invest In Growth

We Think ITM Power (LON:ITM) Needs To Drive Business Growth Carefully

May 13
We Think ITM Power (LON:ITM) Needs To Drive Business Growth Carefully

Is ITM Power (LON:ITM) In A Good Position To Deliver On Growth Plans?

Feb 02
Is ITM Power (LON:ITM) In A Good Position To Deliver On Growth Plans?

ITM Power (LON:ITM) Is In A Good Position To Deliver On Growth Plans

Oct 12
ITM Power (LON:ITM) Is In A Good Position To Deliver On Growth Plans

At UK£1.81, Is ITM Power Plc (LON:ITM) Worth Looking At Closely?

Jul 03
At UK£1.81, Is ITM Power Plc (LON:ITM) Worth Looking At Closely?

Some Analysts Just Cut Their ITM Power Plc (LON:ITM) Estimates

May 19
Some Analysts Just Cut Their ITM Power Plc (LON:ITM) Estimates

We're Interested To See How ITM Power (LON:ITM) Uses Its Cash Hoard To Grow

May 17
We're Interested To See How ITM Power (LON:ITM) Uses Its Cash Hoard To Grow

We're Not Worried About ITM Power's (LON:ITM) Cash Burn

Jan 29
We're Not Worried About ITM Power's (LON:ITM) Cash Burn

CEO Compensation Analysis

How has Dennis Schulz's remuneration changed compared to ITM Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2025UK£1mUK£476k

-UK£46m

Jan 31 2025n/an/a

-UK£43m

Oct 31 2024n/an/a

-UK£41m

Jul 31 2024n/an/a

-UK£34m

Apr 30 2024UK£1mUK£432k

-UK£27m

Jan 31 2024n/an/a

-UK£44m

Oct 31 2023n/an/a

-UK£60m

Jul 31 2023n/an/a

-UK£81m

Apr 30 2023UK£872kUK£212k

-UK£101m

Compensation vs Market: Dennis's total compensation ($USD1.54M) is about average for companies of similar size in the UK market ($USD1.55M).

Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.

CEO

Dennis Schulz (43 yo)

2.9yrs
Tenure
UK£1,171,167
Compensation

Mr. Dennis Schulz serves as Chief Executive Officer for ITM Power Plc since December 1, 2022 and also serves as its Director since December 01, 2022. Mr. Schulz joined ITM Power as Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Dennis Schulz
CEO & Director2.9yrsUK£1.17m0.031%
£ 150.3k
Amy Grey
CFO & Directorless than a yearUK£392.57k0.017%
£ 81.0k
Simon Bourne
CTO & Executive Directorno dataUK£456.00k0.032%
£ 154.9k
Andrew Allen
Vice President of Strategyless than a yearUK£450.19k0%
£ 0
Martin Clay
Vice President of Operations4.8yrsno datano data
Justin Scarborough
Head of Investor Relationsno datano datano data
Huan Quayle
General Counsel & Company Secretaryno datano datano data
Sharon Poulter
Head of Marketing & Communications4.2yrsno datano data
John Newton
Managing Director of ITM Motive12.1yrsno datano data
Calum McConnell
Managing Director of ITM Power GmbH Germany8.8yrsno datano data
Neil Thompson
Managing Director of ITM Pty Ltd7.9yrsno datano data
Rosemary Gault
Head of Grant Partnership Funding4.2yrsno datano data
4.2yrs
Average Tenure
46yo
Average Age

Experienced Management: ITM's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dennis Schulz
CEO & Director2.9yrsUK£1.17m0.031%
£ 150.3k
Amy Grey
CFO & Directorless than a yearUK£392.57k0.017%
£ 81.0k
Simon Bourne
CTO & Executive Director16yrsUK£456.00k0.032%
£ 154.9k
David Warren East
Non-Executive Directorless than a yearno datano data
Matthias von Plotho
Non-Executive Directorless than a yearno datano data
Roger Bone
Independent Non-Executive Chairman11.4yrsUK£150.00k0.058%
£ 284.2k
Denise Cockrem
Independent Non-Executive Director3.3yrsUK£61.00k0.0027%
£ 13.4k
Martin Green
Senior Independent Non-Executive Director6.2yrsUK£71.00k0.028%
£ 137.5k
3.1yrs
Average Tenure
57yo
Average Age

Experienced Board: ITM's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/02 13:59
End of Day Share Price 2025/10/31 00:00
Earnings2025/04/30
Annual Earnings2025/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ITM Power Plc is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom McColmAllenby Capital Limited
Jesús Gómez DominguezBanco Santander
Alex SmithBerenberg