Norcros Management
Management criteria checks 2/4
Norcros' CEO is Thomas Willcocks, appointed in Apr 2023, has a tenure of 1.58 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 £238.50K. The average tenure of the management team and the board of directors is 3.3 years and 1.8 years respectively.
Key information
Thomas Willcocks
Chief executive officer
UK£533.3k
Total compensation
| CEO salary percentage | 78.8% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.3yrs |
| Board average tenure | 1.8yrs |
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 11Here's What We Learned About The CEO Pay At Norcros plc (LON:NXR)
Dec 28Should You Think About Buying Norcros plc (LON:NXR) Now?
Dec 16Do Its Financials Have Any Role To Play In Driving Norcros plc's (LON:NXR) Stock Up Recently?
Dec 03Have Insiders Sold Norcros plc (LON:NXR) Shares Recently?
Nov 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | UK£533k | UK£420k | UK£27m |
Compensation vs Market: Thomas's total compensation ($USD677.54K) is below average for companies of similar size in the UK market ($USD995.46K).
Compensation vs Earnings: Insufficient data to compare Thomas's compensation with company performance.
CEO
Thomas Willcocks (54 yo)
1.6yrs
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 | 1.6yrs | UK£533.32k | 0.10% £ 238.5k | |
| CFO & Executive Director | 3.3yrs | UK£460.66k | 0.12% £ 287.9k | |
| Group Counsel & Company Secretary | 11.4yrs | no data | no data | |
| Director of Corporate Development & Strategy | 2.8yrs | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Managing Director of Triton | 9.3yrs | no data | no data | |
| Managing Director of Merlyn | 14.8yrs | no data | no data | |
| Managing Director of Abode | 4.8yrs | no data | no data | |
| Managing Director of South Africa | 3.3yrs | no data | no data | |
| Managing Director of VADO | 2.2yrs | no data | no data | |
| Managing Director of Croydex | 2.8yrs | no data | no data | |
| Managing Director of Grant Westfield | 1.3yrs | 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 | 1.6yrs | UK£533.32k | 0.10% £ 238.5k | |
| CFO & Executive Director | 3.3yrs | UK£460.66k | 0.12% £ 287.9k | |
| Non-Executive Director | 1.8yrs | UK£55.28k | 0.013% £ 30.0k | |
| Chairman of the Board | 1.3yrs | UK£103.77k | 0.067% £ 159.0k | |
| Senior Independent Director | 5.5yrs | UK£60.00k | no data | |
| Member of Board of Advisors | 3.6yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.8yrs
Average Tenure
59yo
Average Age
Experienced Board: NXR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.