Velocity Composites Management
Management criteria checks 2/4
Velocity Composites' CEO is Jon Bridges, appointed in Oct 2007, he has a tenure of 15.58 years. His total yearly compensation is £133.00K , comprised of 82.7% salary and 17.3% bonuses, including company stock and options. He directly owns 14.94% of the company’s shares, worth £2.76M. The average tenure of the management team and the board of directors is 3.5 years and 1.2 years respectively.
Key information
Jon Bridges
Chief executive officer
UK£133.0k
Total compensation
| CEO salary percentage | 82.7% |
| CEO tenure | 15.6yrs |
| CEO ownership | 14.9% |
| Management average tenure | 3.5yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
Is Velocity Composites (LON:VEL) Using Too Much Debt?
Apr 19
There Could Be A Chance Velocity Composites plc's (LON:VEL) CEO Will Have Their Compensation Increased
Feb 22Does Velocity Composites (LON:VEL) Have A Healthy Balance Sheet?
Oct 01Is Velocity Composites (LON:VEL) Weighed On By Its Debt Load?
Jan 26Velocity Composites (LON:VEL) Has Debt But No Earnings; Should You Worry?
Jul 21Health Check: How Prudently Does Velocity Composites (LON:VEL) Use Debt?
Jan 28
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2022 | UK£133k | UK£110k | -UK£1m |
| Jul 31 2022 | n/a | n/a | -UK£1m |
| Apr 30 2022 | n/a | n/a | -UK£857k |
| Jan 31 2022 | n/a | n/a | -UK£1m |
| Oct 31 2021 | UK£131k | UK£116k | -UK£1m |
| Jul 31 2021 | n/a | n/a | -UK£2m |
| Apr 30 2021 | n/a | n/a | -UK£4m |
| Jan 31 2021 | n/a | n/a | -UK£3m |
| Oct 31 2020 | UK£157k | UK£130k | -UK£3m |
Compensation vs Market: Jon's total compensation ($USD164.94K) is below average for companies of similar size in the UK market ($USD349.55K).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
CEO
Jon Bridges (47 yo)
15.6yrs
Tenure
UK£133,000
Compensation
Mr. Jonathan Karl Bridges, also known as Jon, is Chief Executive Officer at Velocity Composites plc since July 26, 2019 and served as its Chief Technology Officer until 200. He had been Interim Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 15.6yrs | UK£133.00k | 14.94% £ 2.8m | |
| Group Finance Director | less than a year | no data | no data | |
| Head of Operations | less than a year | no data | no data | |
| Head of Technology | no data | no data | no data | |
| Head of Engineering | no data | no data | no data | |
| Financial Controller | 6.3yrs | no data | no data |
3.5yrs
Average Tenure
Experienced Management: VEL's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.8yrs | UK£133.00k | 14.94% £ 2.8m | |
| Group Finance Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman | 3.8yrs | UK£66.00k | 1.54% £ 284.2k | |
| Independent Non-Executive Director | 1.2yrs | UK£18.00k | no data | |
| Independent Non-Executive Director | less than a year | UK£15.00k | no data |
1.2yrs
Average Tenure
52.5yo
Average Age
Experienced Board: VEL's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.