Velocity Composites Management
Management criteria checks 2/4
Velocity Composites' CEO is Jon Bridges, appointed in Oct 2007, has a tenure of 17.08 years. total yearly compensation is £202.00K, comprised of 88.1% salary and 11.9% bonuses, including company stock and options. directly owns 10.59% of the company’s shares, worth £1.11M. The average tenure of the management team and the board of directors is 4.6 years and 2.7 years respectively.
Key information
Jon Bridges
Chief executive officer
UK£202.0k
Total compensation
| CEO salary percentage | 88.1% |
| CEO tenure | 17.1yrs |
| CEO ownership | 10.6% |
| Management average tenure | 4.6yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Velocity Composites plc's (LON:VEL) CEO Looks Like They Deserve Their Pay Packet
Mar 06
There Could Be A Chance Velocity Composites plc's (LON:VEL) CEO Will Have Their Compensation Increased
Feb 22Recent updates
It's Down 29% But Velocity Composites plc (LON:VEL) Could Be Riskier Than It Looks
Nov 05Velocity Composites plc (LON:VEL) Doing What It Can To Lift Shares
Sep 21Cautious Investors Not Rewarding Velocity Composites plc's (LON:VEL) Performance Completely
May 03Velocity Composites plc's (LON:VEL) CEO Looks Like They Deserve Their Pay Packet
Mar 06Is There An Opportunity With Velocity Composites plc's (LON:VEL) 34% Undervaluation?
Feb 24Does Velocity Composites (LON:VEL) Have A Healthy Balance Sheet?
Sep 28Velocity Composites plc (LON:VEL) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Jul 18Is Velocity Composites (LON:VEL) Using Too Much Debt?
Apr 19There 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 Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | n/a | n/a | -UK£2m |
| Jan 31 2024 | n/a | n/a | -UK£3m |
| Oct 31 2023 | UK£202k | UK£178k | -UK£3m |
| Jul 31 2023 | n/a | n/a | -UK£3m |
| Apr 30 2023 | n/a | n/a | -UK£2m |
| Jan 31 2023 | n/a | n/a | -UK£2m |
| 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 ($USD253.39K) is about average for companies of similar size in the UK market ($USD354.57K).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
CEO
Jon Bridges (50 yo)
17.1yrs
Tenure
UK£202,000
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 | 17.1yrs | UK£202.00k | 10.59% £ 1.1m | |
| Group CFO | less than a year | no data | 0.075% £ 7.8k | |
| Group Chief Operating Officer | 1.3yrs | no data | no data | |
| Head of Technology & Quality Systems | no data | no data | no data | |
| Chief Commercial & Compliance Officer | no data | no data | no data | |
| Chief Customer Officer | no data | no data | 0.14% £ 14.9k | |
| Head of Engineering | no data | no data | no data | |
| Head of Operations | no data | no data | no data | |
| Financial Controller | 7.8yrs | no data | no data |
4.6yrs
Average Tenure
50yo
Average Age
Experienced Management: VEL's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.3yrs | UK£202.00k | 10.59% £ 1.1m | |
| Group CFO | less than a year | no data | 0.075% £ 7.8k | |
| Independent Non-Executive Chairman | 5.3yrs | UK£101.00k | 1.27% £ 133.5k | |
| Independent Non-Executive Director | 2.7yrs | UK£28.00k | no data | |
| Independent Non-Executive Director | 2.4yrs | UK£29.00k | no data |
2.7yrs
Average Tenure
57yo
Average Age
Experienced Board: VEL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.