QinetiQ Group plc

BATS-CHIXE:QQL Stock Report

Market Cap: UK£2.3b

QinetiQ Group Management

Management criteria checks 3/4

QinetiQ Group's CEO is Steve Wadey, appointed in Apr 2015, has a tenure of 9.67 years. total yearly compensation is £2.93M, comprised of 23.5% salary and 76.5% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth £3.86M. The average tenure of the management team and the board of directors is 2.4 years and 4.2 years respectively.

Key information

Steve Wadey

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage23.5%
CEO tenure9.7yrs
CEO ownership0.2%
Management average tenure2.4yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Wadey's remuneration changed compared to QinetiQ Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

UK£139m

Jun 30 2024n/an/a

UK£139m

Mar 31 2024UK£3mUK£689k

UK£140m

Dec 31 2023n/an/a

UK£124m

Sep 30 2023n/an/a

UK£108m

Jun 30 2023n/an/a

UK£131m

Mar 31 2023UK£2mUK£664k

UK£154m

Dec 31 2022n/an/a

UK£166m

Sep 30 2022n/an/a

UK£178m

Jun 30 2022n/an/a

UK£134m

Mar 31 2022UK£2mUK£639k

UK£90m

Dec 31 2021n/an/a

UK£80m

Sep 30 2021n/an/a

UK£70m

Jun 30 2021n/an/a

UK£96m

Mar 31 2021UK£3mUK£512k

UK£122m

Dec 31 2020n/an/a

UK£120m

Sep 30 2020n/an/a

UK£118m

Jun 30 2020n/an/a

UK£112m

Mar 31 2020UK£2mUK£610k

UK£106m

Dec 31 2019n/an/a

UK£116m

Sep 30 2019n/an/a

UK£126m

Jun 30 2019n/an/a

UK£120m

Mar 31 2019UK£2mUK£596k

UK£114m

Dec 31 2018n/an/a

UK£119m

Sep 30 2018n/an/a

UK£124m

Jun 30 2018n/an/a

UK£131m

Mar 31 2018UK£2mUK£582k

UK£138m

Compensation vs Market: Steve's total compensation ($USD3.68M) is about average for companies of similar size in the UK market ($USD3.04M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.

CEO

Steve Wadey (55 yo)

9.7yrs

Tenure

UK£2,929,000

Compensation

Mr. Steve Wadey serves as Group CEO & Executive Director at QinetiQ Group plc since October 2021. He served as Chief Executive Officer of QinetiQ Group plc since April 27, 2015 until October 2021 and is re...

Leadership Team

NamePositionTenureCompensationOwnership
Steve Wadey
Group CEO & Executive Director9.7yrsUK£2.93m0.17%
£ 3.9m
Martin Cooper
Chief Financial Officerless than a yearno data0.0042%
£ 94.6k
Iain Stevenson
Chief Operating Officerless than a yearno datano data
Mike Sewart
Chief Technology Officerno datano datano data
John Haworth
Group Head of Investor Relationsno datano datano data
James Field
Group Director Legal & Company Secretary2.4yrsno datano data
Amanda Nelson
Chief People Officer2.9yrsno datano data
Vicky Weise
Chief Enterprise Services Officerno datano datano data
James Willis
Chief Executive of UK Intelligenceno datano datano data
Stephen Iwicki
Executive VP of C5ISR Business - QinetiQ US2.6yrsno datano data
Sam Lewis
Chief Growth Officerno datano datano data
Gary Stewart
Chief Executive of Australia Sector1.6yrsno datano data

2.4yrs

Average Tenure

Experienced Management: QQL's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Steve Wadey
Group CEO & Executive Director9.7yrsUK£2.93m0.17%
£ 3.9m
Neil Johnson
Non-Executive Group Chair5.7yrsUK£270.00k0.018%
£ 405.1k
Steven Mogford
Senior Independent Non-Executive Director2.3yrsUK£67.00kno data
Susan Jane Searle
Independent Non-Executive Director10.8yrsUK£73.00k0.0086%
£ 195.6k
Ross McEwan
Independent Non-Executive Directorless than a yearUK£10.00k0.0036%
£ 81.0k
Shonaid Christina Jemmett-Page
Independent Non-Executive Director4.6yrsUK£73.00k0.0013%
£ 28.4k
Dina Knight
Independent Non-Executive Directorless than a yearUK£5.00kno data
Gordon Messenger
Independent Non-executive Director4.2yrsUK£73.00k0.0021%
£ 48.4k
Ezinne Uzo-Okoro
Independent Non-Executive Directorless than a yearno datano data

4.2yrs

Average Tenure

63yo

Average Age

Experienced Board: QQL's board of directors are considered experienced (4.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 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

QinetiQ Group plc is covered by 27 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Milene KernerBarclays
Joseph CampbellBarclays
George McwhirterBerenberg