ITM Power Plc

AIM:ITM Stock Report

Market Cap: UK£217.7m

ITM Power Management

Management criteria checks 2/4

ITM Power's CEO is Dennis Schulz, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is £1.01M, comprised of 42.7% salary and 57.3% bonuses, including company stock and options. directly owns 0.071% of the company’s shares, worth £155.51K. The average tenure of the management team and the board of directors is 5.4 years and 5.2 years respectively.

Key information

Dennis Schulz

Chief executive officer

UK£1.0m

Total compensation

CEO salary percentage42.7%
CEO tenure1.9yrs
CEO ownership0.07%
Management average tenure5.4yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

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

Here's Why We're Not Too Worried About ITM Power's (LON:ITM) Cash Burn Situation

Oct 24
Here's Why We're Not Too Worried About ITM Power's (LON:ITM) Cash Burn Situation

CEO Compensation Analysis

How has Dennis Schulz's remuneration changed compared to ITM Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 30 2024UK£1mUK£432k

-UK£27m

Jan 31 2024n/an/a

-UK£45m

Oct 31 2023n/an/a

-UK£63m

Jul 31 2023n/an/a

-UK£82m

Apr 30 2023UK£872kUK£212k

-UK£101m

Compensation vs Market: Dennis's total compensation ($USD1.27M) is above average for companies of similar size in the UK market ($USD736.76K).

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

CEO

Dennis Schulz (42 yo)

1.9yrs

Tenure

UK£1,012,641

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 & Director1.9yrsUK£1.01m0.071%
£ 155.5k
Andrew Allen
CFO & Executive Director9.8yrsUK£472.53k0.13%
£ 281.9k
Simon Bourne
CTO & Executive Directorno dataUK£549.03k0.22%
£ 479.1k
Martin Clay
Operations Director3.8yrsno 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 & Press3.2yrsno datano data
Kath Connell
Head of Human Resourcesno datano datano data
John Newton
Managing Director of ITM Motive11.1yrsno datano data
Calum McConnell
Managing Director of ITM Power GmbH Germany7.8yrsno datano data
Neil Thompson
Managing Director of ITM Pty Ltd6.9yrsno datano data
Rosemary Gault
Head of Grant Partnership Funding3.2yrsno datano data

5.4yrs

Average Tenure

43yo

Average Age

Experienced Management: ITM's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dennis Schulz
CEO & Director1.9yrsUK£1.01m0.071%
£ 155.5k
Andrew Allen
CFO & Executive Director6.5yrsUK£472.53k0.13%
£ 281.9k
Simon Bourne
CTO & Executive Director15yrsUK£549.03k0.22%
£ 479.1k
Roger Bone
Independent Non-Executive Chairman10.4yrsUK£150.00k0.058%
£ 126.8k
Juergen Nowicki
Independent Non-Executive Director5yrsno datano data
Denise Cockrem
Independent Non-Executive Director2.3yrsUK£56.83k0.0027%
£ 6.0k
Martin Green
Senior Independent Non-Executive Director5.2yrsUK£71.00k0.028%
£ 61.4k

5.2yrs

Average Tenure

58yo

Average Age

Experienced Board: ITM's board of directors are considered experienced (5.2 years average tenure).