Spirax Group plc

BATS-CHIXE:SPXL Stock Report

Market Cap: UK£5.0b

Spirax Group Management

Management criteria checks 4/4

Spirax Group's CEO is Nimesh Patel, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is £795.17K, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth £1.53M. The average tenure of the management team and the board of directors is 2.3 years and 4.8 years respectively.

Key information

Nimesh Patel

Chief executive officer

UK£795.2k

Total compensation

CEO salary percentage66.6%
CEO tenureless than a year
CEO ownership0.03%
Management average tenure2.3yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nimesh Patel's remuneration changed compared to Spirax Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

UK£192m

Mar 31 2024n/an/a

UK£188m

Dec 31 2023UK£795kUK£529k

UK£184m

Sep 30 2023n/an/a

UK£197m

Jun 30 2023n/an/a

UK£211m

Mar 31 2023n/an/a

UK£218m

Dec 31 2022UK£2mUK£503k

UK£225m

Sep 30 2022n/an/a

UK£224m

Jun 30 2022n/an/a

UK£223m

Mar 31 2022n/an/a

UK£229m

Dec 31 2021UK£3mUK£490k

UK£235m

Sep 30 2021n/an/a

UK£220m

Jun 30 2021n/an/a

UK£206m

Mar 31 2021n/an/a

UK£190m

Dec 31 2020UK£2mUK£209k

UK£174m

Compensation vs Market: Nimesh's total compensation ($USD1.04M) is below average for companies of similar size in the UK market ($USD3.55M).

Compensation vs Earnings: Nimesh's compensation has been consistent with company performance over the past year.

CEO

Nimesh Patel (47 yo)

less than a year

Tenure

UK£795,172

Compensation

Mr. Nimesh Balvir Patel, B.sc., served as Chief Financial Officer of Spirax-Sarco Engineering plc since September 11, 2020 until January 16, 2024 and serves as its Executive Director at Spirax-Sarco Engine...

Leadership Team

NamePositionTenureCompensationOwnership
Nimesh Patel
Group Chief Executive & Executive Directorless than a yearUK£795.17k0.030%
£ 1.5m
Louisa Burdett
CFO & Directorless than a yearno datano data
Celine Arlette Barroche
Group General Counsel & Company Secretaryless than a yearno datano data
Jim Devine
Group Human Resources Director8.7yrsno datano data
Dan Harvey
Head of Internal Auditno datano datano data
Andrew Mines
Managing Director of Electric Thermal Solutions4.8yrsno datano data
Sarah Peers
Group Director of Sustainability4.3yrsno datano data
Maurizio Preziosa
Managing Director of Steam Specialties3.8yrsno datano data
Jennifer Forrester
Head of Employee Experienceno datano datano data
Darren Towers
Head of Inclusion3.8yrsno datano data
Phil Scott
Joint Interim Managing Director of Watson-Marlow Fluid Technology Solutionsless than a yearno datano data
Martin Johnston
Joint Interim Managing Director of Watson-Marlow Fluid Technology Solutionsless than a yearno datano data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Management: SPXL's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nimesh Patel
Group Chief Executive & Executive Director4.1yrsUK£795.17k0.030%
£ 1.5m
Louisa Burdett
CFO & Directorless than a yearno datano data
James Robert Provan Pike
Independent Chairman of the Board10.4yrsUK£309.00k0.015%
£ 753.2k
Richard Gillingwater
Senior Independent Director3.6yrsUK£76.80k0.00081%
£ 40.6k
Kevin Thompson
Independent Non-Executive Director5.4yrsUK£76.80k0.0066%
£ 333.5k
Jane Sarah Kingston
Independent Non-Executive Director8.1yrsUK£76.80k0.0086%
£ 433.8k
Peter France
Independent Non-Executive Director6.6yrsUK£61.80k0.0013%
£ 66.7k
Constance Baroudel
Independent Non-Executive Board Director1.2yrsUK£25.75k0.00041%
£ 20.6k
Caroline Johnstone
Independent Non-Executive Director5.6yrsUK£76.80k0.0015%
£ 74.2k
Angela Archon
Independent Non-Executive Director3.8yrsUK£121.18k0.00069%
£ 34.6k

4.8yrs

Average Tenure

64yo

Average Age

Experienced Board: SPXL's board of directors are considered experienced (4.8 years average tenure).