ITM Power Management
Management criteria checks 2/4
ITM Power's CEO is Dennis Schulz, appointed in Dec 2022, has a tenure of 2.08 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 £160.37K. The average tenure of the management team and the board of directors is 5.5 years and 5.3 years respectively.
Key information
Dennis Schulz
Chief executive officer
UK£1.0m
Total compensation
| CEO salary percentage | 42.7% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.07% |
| Management average tenure | 5.5yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
ITM Power Plc (LON:ITM) Just Reported And Analysts Have Been Cutting Their Estimates
Aug 17
Calculating The Intrinsic Value Of ITM Power Plc (LON:ITM)
Dec 12Is It Time To Consider Buying ITM Power Plc (LON:ITM)?
Oct 14Companies Like ITM Power (LON:ITM) Are In A Position To Invest In Growth
Aug 23We Think ITM Power (LON:ITM) Needs To Drive Business Growth Carefully
May 13Is ITM Power (LON:ITM) In A Good Position To Deliver On Growth Plans?
Feb 02ITM Power (LON:ITM) Is In A Good Position To Deliver On Growth Plans
Oct 12At UK£1.81, Is ITM Power Plc (LON:ITM) Worth Looking At Closely?
Jul 03Some Analysts Just Cut Their ITM Power Plc (LON:ITM) Estimates
May 19We're Interested To See How ITM Power (LON:ITM) Uses Its Cash Hoard To Grow
May 17We're Not Worried About ITM Power's (LON:ITM) Cash Burn
Jan 29Here's Why We're Not Too Worried About ITM Power's (LON:ITM) Cash Burn Situation
Oct 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | UK£1m | UK£432k | -UK£27m |
| Jan 31 2024 | n/a | n/a | -UK£45m |
| Oct 31 2023 | n/a | n/a | -UK£63m |
| Jul 31 2023 | n/a | n/a | -UK£82m |
| Apr 30 2023 | UK£872k | UK£212k | -UK£101m |
Compensation vs Market: Dennis's total compensation ($USD1.26M) is above average for companies of similar size in the UK market ($USD718.82K).
Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.
CEO
Dennis Schulz (42 yo)
2.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.1yrs | UK£1.01m | 0.071% £ 160.4k | |
| CFO & Executive Director | 10yrs | UK£472.53k | 0.13% £ 290.7k | |
| CTO & Executive Director | no data | UK£549.03k | 0.22% £ 494.1k | |
| Operations Director | 4yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | no data | no data | no data | |
| Head of Marketing & Press | 3.3yrs | no data | no data | |
| Head of Human Resources | no data | no data | no data | |
| Managing Director of ITM Motive | 11.3yrs | no data | no data | |
| Managing Director of ITM Power GmbH Germany | 8yrs | no data | no data | |
| Managing Director of ITM Pty Ltd | 7.1yrs | no data | no data | |
| Head of Grant Partnership Funding | 3.3yrs | no data | no data |
5.5yrs
Average Tenure
43yo
Average Age
Experienced Management: ITM's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.1yrs | UK£1.01m | 0.071% £ 160.4k | |
| CFO & Executive Director | 6.7yrs | UK£472.53k | 0.13% £ 290.7k | |
| CTO & Executive Director | 15.2yrs | UK£549.03k | 0.22% £ 494.1k | |
| Independent Non-Executive Chairman | 10.6yrs | UK£150.00k | 0.058% £ 130.8k | |
| Independent Non-Executive Director | 5.2yrs | no data | no data | |
| Independent Non-Executive Director | 2.5yrs | UK£56.83k | 0.0027% £ 6.2k | |
| Senior Independent Non-Executive Director | 5.3yrs | UK£71.00k | 0.028% £ 63.3k |
5.3yrs
Average Tenure
58yo
Average Age
Experienced Board: ITM's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 01:30 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/04/30 |
| Annual Earnings | 2024/04/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
ITM Power Plc is covered by 37 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tom McColm | Allenby Capital Limited |
| Kulwinder Rajpal | AlphaValue |
| Daniel Slater | Arden Partners Plc. |