QinetiQ Group Management

Management criteria checks 1/4

QinetiQ Group's CEO is Steve Wadey, appointed in Apr 2015, has a tenure of 10.08 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 £4.74M. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.

Key information

Steve Wadey

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage23.52%
CEO tenure10.1yrs
CEO ownership0.2%
Management average tenure2.8yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

QinetiQ Group plc's (LON:QQ.) Shares Climb 30% But Its Business Is Yet to Catch Up

May 29
QinetiQ Group plc's (LON:QQ.) Shares Climb 30% But Its Business Is Yet to Catch Up

QinetiQ Group's (LON:QQ.) Upcoming Dividend Will Be Larger Than Last Year's

May 25
QinetiQ Group's (LON:QQ.) Upcoming Dividend Will Be Larger Than Last Year's

QinetiQ Group plc's (LON:QQ.) Popularity With Investors Under Threat As Stock Sinks 27%

Apr 06
QinetiQ Group plc's (LON:QQ.) Popularity With Investors Under Threat As Stock Sinks 27%

Is Now The Time To Put QinetiQ Group (LON:QQ.) On Your Watchlist?

Mar 15
Is Now The Time To Put QinetiQ Group (LON:QQ.) On Your Watchlist?

Does QinetiQ Group (LON:QQ.) Have A Healthy Balance Sheet?

Feb 28
Does QinetiQ Group (LON:QQ.) Have A Healthy Balance Sheet?

Earnings Tell The Story For QinetiQ Group plc (LON:QQ.)

Feb 10
Earnings Tell The Story For QinetiQ Group plc (LON:QQ.)

QinetiQ Group (LON:QQ.) Is Experiencing Growth In Returns On Capital

Jan 10
QinetiQ Group (LON:QQ.) Is Experiencing Growth In Returns On Capital
author-image

Defense Contracts And DragonFire Laser To Propel Growth Under Martin Cooper's Leadership

The strategic focus on international defense contracts and partnerships showcases QinetiQ's strong revenue visibility and potential market expansion.

QinetiQ Group (LON:QQ.) Is Due To Pay A Dividend Of £0.028

Nov 17
QinetiQ Group (LON:QQ.) Is Due To Pay A Dividend Of £0.028

Is There An Opportunity With QinetiQ Group plc's (LON:QQ.) 46% Undervaluation?

Nov 12
Is There An Opportunity With QinetiQ Group plc's (LON:QQ.) 46% Undervaluation?

Getting In Cheap On QinetiQ Group plc (LON:QQ.) Is Unlikely

Sep 30
Getting In Cheap On QinetiQ Group plc (LON:QQ.) Is Unlikely

Is QinetiQ Group (LON:QQ.) Using Too Much Debt?

Sep 11
Is QinetiQ Group (LON:QQ.) Using Too Much Debt?

Is QinetiQ Group plc (LON:QQ.) Trading At A 49% Discount?

Aug 06
Is QinetiQ Group plc (LON:QQ.) Trading At A 49% Discount?

QinetiQ Group's (LON:QQ.) Upcoming Dividend Will Be Larger Than Last Year's

Jul 19
QinetiQ Group's (LON:QQ.) Upcoming Dividend Will Be Larger Than Last Year's

QinetiQ Group (LON:QQ.) Will Pay A Larger Dividend Than Last Year At £0.0565

Jun 14
QinetiQ Group (LON:QQ.) Will Pay A Larger Dividend Than Last Year At £0.0565

QinetiQ Group plc (LON:QQ.) Looks Just Right With A 28% Price Jump

Jun 01
QinetiQ Group plc (LON:QQ.) Looks Just Right With A 28% Price Jump

These 4 Measures Indicate That QinetiQ Group (LON:QQ.) Is Using Debt Reasonably Well

May 26
These 4 Measures Indicate That QinetiQ Group (LON:QQ.) Is Using Debt Reasonably Well

QinetiQ Group plc (LON:QQ.) Shares Could Be 45% Below Their Intrinsic Value Estimate

Apr 30
QinetiQ Group plc (LON:QQ.) Shares Could Be 45% Below Their Intrinsic Value Estimate

QinetiQ Group plc's (LON:QQ.) P/E Is On The Mark

Mar 06
QinetiQ Group plc's (LON:QQ.) P/E Is On The Mark

QinetiQ Group (LON:QQ.) Could Be Struggling To Allocate Capital

Feb 19
QinetiQ Group (LON:QQ.) Could Be Struggling To Allocate Capital

Are Investors Undervaluing QinetiQ Group plc (LON:QQ.) By 49%?

Jan 18
Are Investors Undervaluing QinetiQ Group plc (LON:QQ.) By 49%?

QinetiQ Group (LON:QQ.) Is Due To Pay A Dividend Of £0.026

Dec 22
QinetiQ Group (LON:QQ.) Is Due To Pay A Dividend Of £0.026

QinetiQ Group (LON:QQ.) Has Announced A Dividend Of £0.026

Dec 08
QinetiQ Group (LON:QQ.) Has Announced A Dividend Of £0.026

Does QinetiQ Group (LON:QQ.) Have A Healthy Balance Sheet?

Dec 06
Does QinetiQ Group (LON:QQ.) Have A Healthy Balance Sheet?

A Look At The Fair Value Of QinetiQ Group plc (LON:QQ.)

Sep 19
A Look At The Fair Value Of QinetiQ Group plc (LON:QQ.)

QinetiQ Group (LON:QQ.) Seems To Use Debt Rather Sparingly

Sep 02
QinetiQ Group (LON:QQ.) Seems To Use Debt Rather Sparingly

Here's Why We Think QinetiQ Group (LON:QQ.) Might Deserve Your Attention Today

Aug 18
Here's Why We Think QinetiQ Group (LON:QQ.) Might Deserve Your Attention Today

Returns At QinetiQ Group (LON:QQ.) Appear To Be Weighed Down

Jul 29
Returns At QinetiQ Group (LON:QQ.) Appear To Be Weighed Down

Calculating The Intrinsic Value Of QinetiQ Group plc (LON:QQ.)

Jun 09
Calculating The Intrinsic Value Of QinetiQ Group plc (LON:QQ.)

These 4 Measures Indicate That QinetiQ Group (LON:QQ.) Is Using Debt Safely

May 27
These 4 Measures Indicate That QinetiQ Group (LON:QQ.) Is Using Debt Safely

Here's Why We Think QinetiQ Group (LON:QQ.) Might Deserve Your Attention Today

May 09
Here's Why We Think QinetiQ Group (LON:QQ.) Might Deserve Your Attention Today

QinetiQ Group (LON:QQ.) Has Some Way To Go To Become A Multi-Bagger

Apr 15
QinetiQ Group (LON:QQ.) Has Some Way To Go To Become A Multi-Bagger

Should You Be Adding QinetiQ Group (LON:QQ.) To Your Watchlist Today?

Feb 01
Should You Be Adding QinetiQ Group (LON:QQ.) To Your Watchlist Today?

QinetiQ Group (LON:QQ.) Has More To Do To Multiply In Value Going Forward

Dec 31
QinetiQ Group (LON:QQ.) Has More To Do To Multiply In Value Going Forward

QinetiQ Group (LON:QQ.) Will Pay A Larger Dividend Than Last Year At £0.024

Dec 13
QinetiQ Group (LON:QQ.) Will Pay A Larger Dividend Than Last Year At £0.024

QinetiQ Group's (LON:QQ.) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 28
QinetiQ Group's (LON:QQ.) Shareholders Will Receive A Bigger Dividend Than Last Year

QinetiQ Group (LON:QQ.) Has Announced That It Will Be Increasing Its Dividend To £0.024

Nov 14
QinetiQ Group (LON:QQ.) Has Announced That It Will Be Increasing Its Dividend To £0.024

QinetiQ Group plc's (LON:QQ.) Intrinsic Value Is Potentially 87% Above Its Share Price

Oct 12
QinetiQ Group plc's (LON:QQ.) Intrinsic Value Is Potentially 87% Above Its Share Price

QinetiQ Group (LON:QQ.) Could Be Struggling To Allocate Capital

Aug 03
QinetiQ Group (LON:QQ.) Could Be Struggling To Allocate Capital

QinetiQ Group's (LON:QQ.) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 14
QinetiQ Group's (LON:QQ.) Shareholders Will Receive A Bigger Dividend Than Last Year

CEO Compensation Analysis

How has Steve Wadey's remuneration changed compared to QinetiQ Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-UK£186m

Dec 31 2024n/an/a

-UK£23m

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

Compensation vs Market: Steve's total compensation ($USD3.95M) is above average for companies of similar size in the UK market ($USD2.85M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


CEO

Steve Wadey (55 yo)

10.1yrs
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 Director10.1yrsUK£2.93m0.17%
£ 4.7m
Martin Cooper
Chief Financial Officer1.3yrsno data0.0043%
£ 116.0k
Iain Stevenson
Chief Operating Officerless than a yearno datano data
Mike Sewart
Chief Technology Officerno datano datano data
Stephen Lamacraft
Interim Group Investor Relations Directorno datano datano data
James Field
Group Director Legal & Company Secretary2.8yrsno datano data
Amanda Nelson
Chief People Officer3.3yrsno 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 US3yrsno datano data
Sam Lewis
Chief Growth Officerno datano datano data
Will Blamey
Chief Executive of UK Defence1.1yrsno datano data
2.8yrs
Average Tenure

Experienced Management: QQ.'s management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steve Wadey
Group CEO & Executive Director10.1yrsUK£2.93m0.17%
£ 4.7m
Neil Johnson
Non-Executive Group Chair6.1yrsUK£270.00k0.018%
£ 496.9k
Roger Krone
Independent Non-Executive Directorless than a yearno datano data
Steven Mogford
Senior Independent Non-Executive Director2.8yrsUK£67.00kno data
Ross McEwan
Independent Non-Executive Director1.2yrsUK£10.00k0.0037%
£ 99.5k
Shonaid Christina Jemmett-Page
Independent Non-Executive Director5yrsUK£73.00k0.0013%
£ 34.7k
Dina Knight
Independent Non-Executive Director1.2yrsUK£5.00kno data
Gordon Messenger
Independent Non-executive Director4.6yrsUK£73.00k0.0022%
£ 59.4k
Ezinne Uzo-Okoro
Independent Non-Executive Directorless than a yearno datano data
2.8yrs
Average Tenure
65.5yo
Average Age

Experienced Board: QQ.'s board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/30 00:15
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

QinetiQ Group plc is covered by 26 analysts. 8 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
Andrew GollanBerenberg