Norcros Management
Management criteria checks 2/4
Norcros' CEO is Thomas Willcocks, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is £533.32K, comprised of 78.8% salary and 21.2% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth £227.71K. The average tenure of the management team and the board of directors is 3.3 years and 1.9 years respectively.
Key information
Thomas Willcocks
Chief executive officer
UK£533.3k
Total compensation
| CEO salary percentage | 78.8% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.3yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Norcros (LON:NXR) Has Announced A Dividend Of £0.068
Jun 16
A Look At The Intrinsic Value Of Norcros plc (LON:NXR)
Dec 19Norcros (LON:NXR) Is Paying Out Less In Dividends Than Last Year
Jun 18Norcros' (LON:NXR) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 12Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 15Norcros (LON:NXR) Takes On Some Risk With Its Use Of Debt
Mar 12Norcros (LON:NXR) Has Compensated Shareholders With A Respectable 47% Return On Their Investment
Feb 22Estimating The Intrinsic Value Of Norcros plc (LON:NXR)
Feb 08We Think Norcros's (LON:NXR) Statutory Profit Might Understate Its Earnings Potential
Jan 25
Here's What Norcros plc's (LON:NXR) Shareholder Ownership Structure Looks Like
Jan 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | UK£9m |
| Jun 30 2024 | n/a | n/a | UK£18m |
| Mar 31 2024 | UK£533k | UK£420k | UK£27m |
Compensation vs Market: Thomas's total compensation ($USD670.62K) is about average for companies of similar size in the UK market ($USD723.47K).
Compensation vs Earnings: Insufficient data to compare Thomas's compensation with company performance.
CEO
Thomas Willcocks (54 yo)
1.7yrs
Tenure
UK£533,316
Compensation
Mr. Thomas John Willcocks serves as Group Business Director - UK at Norcros Plc. since August 01, 2021 and served as its Acting Managing Director of Adhesives since 2022 until 2022. He has been CEO & Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.7yrs | UK£533.32k | 0.10% £ 227.7k | |
| CFO & Executive Director | 3.3yrs | UK£460.66k | 0.12% £ 274.9k | |
| Group Counsel & Company Secretary | 11.5yrs | no data | no data | |
| Director of Corporate Development & Strategy | 2.9yrs | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Managing Director of Triton | 9.4yrs | no data | no data | |
| Managing Director of Merlyn | 14.9yrs | no data | no data | |
| Managing Director of Abode | 4.9yrs | no data | no data | |
| Managing Director of South Africa | 3.3yrs | no data | no data | |
| Managing Director of VADO | 2.3yrs | no data | no data | |
| Managing Director of Croydex | 2.9yrs | no data | no data | |
| Managing Director of Grant Westfield | 1.4yrs | no data | no data |
3.3yrs
Average Tenure
54yo
Average Age
Experienced Management: NXR's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.7yrs | UK£533.32k | 0.10% £ 227.7k | |
| CFO & Executive Director | 3.3yrs | UK£460.66k | 0.12% £ 274.9k | |
| Non-Executive Director | 1.9yrs | UK£55.28k | 0.013% £ 28.6k | |
| Chairman of the Board | 1.4yrs | UK£103.77k | 0.067% £ 151.8k | |
| Senior Independent Director | 5.6yrs | UK£60.00k | no data | |
| Member of Board of Advisors | 3.7yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.9yrs
Average Tenure
59yo
Average Age
Experienced Board: NXR's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| 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 |
|
* 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
Norcros plc is covered by 15 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.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Michael O'Brien | Canaccord Genuity |
| Richard Hickinbotham | Cantor Fitzgerald Europe |