Spirax-Sarco Engineering Management
Management criteria checks 4/4
Spirax-Sarco Engineering'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 0.02% of the company’s shares, worth £1.41M. The average tenure of the management team and the board of directors is 3.3 years and 4.9 years respectively.
Key information
Nimesh Patel
Chief executive officer
UK£795.2k
Total compensation
| CEO salary percentage | 66.6% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £1.14
Apr 05
Does Spirax-Sarco Engineering (LON:SPX) Have A Healthy Balance Sheet?
Mar 28Spirax-Sarco Engineering plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 10There Are Reasons To Feel Uneasy About Spirax-Sarco Engineering's (LON:SPX) Returns On Capital
Mar 08Pinning Down Spirax-Sarco Engineering plc's (LON:SPX) P/E Is Difficult Right Now
Dec 21Returns At Spirax-Sarco Engineering (LON:SPX) Appear To Be Weighed Down
Nov 30Estimating The Fair Value Of Spirax-Sarco Engineering plc (LON:SPX)
Nov 11Spirax-Sarco Engineering (LON:SPX) Has A Pretty Healthy Balance Sheet
Sep 17Spirax-Sarco Engineering's (LON:SPX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.46
Aug 16Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Have Stalled
Jun 08Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Apr 05Investors Can Find Comfort In Spirax-Sarco Engineering's (LON:SPX) Earnings Quality
Mar 17Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £1.1
Mar 12Shareholders Are Optimistic That Spirax-Sarco Engineering (LON:SPX) Will Multiply In Value
Mar 08Investors Shouldn't Overlook The Favourable Returns On Capital At Spirax-Sarco Engineering (LON:SPX)
Nov 30Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Nov 13Spirax-Sarco Engineering (LON:SPX) Has Announced That It Will Be Increasing Its Dividend To £0.425
Oct 02Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£111 Based On Its Intrinsic Value?
Sep 13Spirax-Sarco Engineering (LON:SPX) Knows How To Allocate Capital
Aug 29Spirax-Sarco Engineering's (LON:SPX) Dividend Will Be Increased To £0.425
Aug 14Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Jun 25Is Spirax-Sarco Engineering plc (LON:SPX) Worth UK£103 Based On Its Intrinsic Value?
May 25Spirax-Sarco Engineering (LON:SPX) Is Reinvesting To Multiply In Value
May 10Many Would Be Envious Of Spirax-Sarco Engineering's (LON:SPX) Excellent Returns On Capital
Jan 07Is Spirax-Sarco Engineering (LON:SPX) Using Too Much Debt?
Dec 12A Look Into Spirax-Sarco Engineering's (LON:SPX) Impressive Returns On Capital
Sep 24Is Spirax-Sarco Engineering (LON:SPX) A Risky Investment?
Sep 03Be Wary Of Spirax-Sarco Engineering (LON:SPX) And Its Returns On Capital
Jun 21These 4 Measures Indicate That Spirax-Sarco Engineering (LON:SPX) Is Using Debt Reasonably Well
May 11Spirax-Sarco Engineering plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Mar 13What Do The Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Tell Us?
Mar 10Have Insiders Been Buying Spirax-Sarco Engineering plc (LON:SPX) Shares?
Feb 09Shareholders of Spirax-Sarco Engineering (LON:SPX) Must Be Delighted With Their 327% Total Return
Jan 08What To Know Before Buying Spirax-Sarco Engineering plc (LON:SPX) For Its Dividend
Dec 21
Is Weakness In Spirax-Sarco Engineering plc (LON:SPX) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 07Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Paint An Interesting Picture
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£795k | UK£529k | UK£184m |
| Sep 30 2023 | n/a | n/a | UK£197m |
| Jun 30 2023 | n/a | n/a | UK£211m |
| Mar 31 2023 | n/a | n/a | UK£218m |
| Dec 31 2022 | UK£2m | UK£503k | UK£225m |
| Sep 30 2022 | n/a | n/a | UK£224m |
| Jun 30 2022 | n/a | n/a | UK£223m |
| Mar 31 2022 | n/a | n/a | UK£229m |
| Dec 31 2021 | UK£3m | UK£490k | UK£235m |
| Sep 30 2021 | n/a | n/a | UK£220m |
| Jun 30 2021 | n/a | n/a | UK£206m |
| Mar 31 2021 | n/a | n/a | UK£190m |
| Dec 31 2020 | UK£2m | UK£209k | UK£174m |
Compensation vs Market: Nimesh's total compensation ($USD992.23K) is below average for companies of similar size in the UK market ($USD3.16M).
Compensation vs Earnings: Nimesh's compensation has been consistent with company performance over the past year.
CEO
Nimesh Patel (46 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | less than a year | UK£795.17k | 0.020% £ 1.4m | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| Group General Counsel & Company Secretary | 11.8yrs | no data | 0.0073% £ 504.5k | |
| Group Human Resources Director | 8.2yrs | no data | no data | |
| Head of Internal Audit | no data | no data | no data | |
| Managing Director of Watson-Marlow | 4.3yrs | no data | no data | |
| Group Director of Sustainability | 3.8yrs | no data | no data | |
| Managing Director of Steam Specialties | 3.3yrs | no data | no data | |
| Head of Employee Experience | no data | no data | no data | |
| Head of Inclusion | 3.3yrs | no data | no data | |
| President of Electric Thermal Solutions Business | 2.3yrs | no data | no data | |
| President & GM of Spirax Sarco Engineering(China) Ltd | no data | no data | no data |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: SPX's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 3.6yrs | UK£795.17k | 0.020% £ 1.4m | |
| Independent Chairman of the Board | 9.9yrs | UK£309.00k | 0.015% £ 1.0m | |
| Senior Independent Director | 3.1yrs | UK£76.80k | 0.00081% £ 56.4k | |
| Independent Non-Executive Director | 4.9yrs | UK£76.80k | 0.0066% £ 462.7k | |
| Independent Non-Executive Director | 7.6yrs | UK£76.80k | 0.0086% £ 601.9k | |
| Independent Non-Executive Director | 6.1yrs | UK£61.80k | 0.0013% £ 92.5k | |
| Independent Non-Executive Board Director | less than a year | UK£25.75k | 0.00041% £ 28.5k | |
| Independent Non-Executive Director | 5.1yrs | UK£76.80k | 0.00061% £ 42.4k | |
| Independent Non-Executive Director | 3.3yrs | UK£121.18k | 0.00034% £ 23.7k |
4.9yrs
Average Tenure
63yo
Average Age
Experienced Board: SPX's board of directors are considered experienced (4.9 years average tenure).