XP Power Management

Management criteria checks 2/4

XP Power's CEO is Gavin Griggs, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is £1.03M, comprised of 55.1% salary and 44.9% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth £172.26K. The average tenure of the management team and the board of directors is 10.3 years and 3.8 years respectively.

Key information

Gavin Griggs

Chief executive officer

UK£1.0m

Total compensation

CEO salary percentage55.1%
CEO tenure3.8yrs
CEO ownership0.06%
Management average tenure10.3yrs
Board average tenure3.8yrs

Recent management updates

Shareholders May Be Wary Of Increasing XP Power Limited's (LON:XPP) CEO Compensation Package

Apr 20
Shareholders May Be Wary Of Increasing XP Power Limited's (LON:XPP) CEO Compensation Package

Recent updates

Shareholders May Be Wary Of Increasing XP Power Limited's (LON:XPP) CEO Compensation Package

Apr 20
Shareholders May Be Wary Of Increasing XP Power Limited's (LON:XPP) CEO Compensation Package

A Look At The Fair Value Of XP Power Limited (LON:XPP)

Mar 21
A Look At The Fair Value Of XP Power Limited (LON:XPP)

The Market Doesn't Like What It Sees From XP Power Limited's (LON:XPP) Revenues Yet As Shares Tumble 25%

Mar 06
The Market Doesn't Like What It Sees From XP Power Limited's (LON:XPP) Revenues Yet As Shares Tumble 25%

Is There An Opportunity With XP Power Limited's (LON:XPP) 36% Undervaluation?

Nov 02
Is There An Opportunity With XP Power Limited's (LON:XPP) 36% Undervaluation?

Returns On Capital Signal Tricky Times Ahead For XP Power (LON:XPP)

Oct 03
Returns On Capital Signal Tricky Times Ahead For XP Power (LON:XPP)

Is XP Power Limited (LON:XPP) Trading At A 43% Discount?

Jun 27
Is XP Power Limited (LON:XPP) Trading At A 43% Discount?

Is Now The Time To Look At Buying XP Power Limited (LON:XPP)?

Jun 14
Is Now The Time To Look At Buying XP Power Limited (LON:XPP)?

XP Power (LON:XPP) Seems To Use Debt Quite Sensibly

May 16
XP Power (LON:XPP) Seems To Use Debt Quite Sensibly

XP Power (LON:XPP) Has Affirmed Its Dividend Of UK£0.18

May 02
XP Power (LON:XPP) Has Affirmed Its Dividend Of UK£0.18

XP Power (LON:XPP) Will Want To Turn Around Its Return Trends

May 01
XP Power (LON:XPP) Will Want To Turn Around Its Return Trends

XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.18

Apr 17
XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.18

An Intrinsic Calculation For XP Power Limited (LON:XPP) Suggests It's 26% Undervalued

Mar 17
An Intrinsic Calculation For XP Power Limited (LON:XPP) Suggests It's 26% Undervalued

XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.36

Mar 03
XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.36

CEO Compensation Analysis

How has Gavin Griggs's remuneration changed compared to XP Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-UK£15m

Mar 31 2024n/an/a

-UK£12m

Dec 31 2023UK£1mUK£565k

-UK£9m

Sep 30 2023n/an/a

UK£7m

Jun 30 2023n/an/a

UK£23m

Mar 31 2023n/an/a

UK£2m

Dec 31 2022UK£730kUK£537k

-UK£20m

Sep 30 2022n/an/a

-UK£23m

Jun 30 2022n/an/a

-UK£26m

Mar 31 2022n/an/a

-UK£2m

Dec 31 2021UK£1mUK£492k

UK£23m

Sep 30 2021n/an/a

UK£30m

Jun 30 2021n/an/a

UK£37m

Mar 31 2021n/an/a

UK£34m

Dec 31 2020UK£1mUK£314k

UK£32m

Sep 30 2020n/an/a

UK£25m

Jun 30 2020n/an/a

UK£18m

Mar 31 2020n/an/a

UK£19m

Dec 31 2019UK£352kUK£286k

UK£21m

Sep 30 2019n/an/a

UK£23m

Jun 30 2019n/an/a

UK£26m

Mar 31 2019n/an/a

UK£28m

Dec 31 2018UK£512kUK£280k

UK£30m

Sep 30 2018n/an/a

UK£31m

Jun 30 2018n/an/a

UK£32m

Mar 31 2018n/an/a

UK£30m

Dec 31 2017UK£325kUK£48k

UK£28m

Compensation vs Market: Gavin's total compensation ($USD1.33M) is above average for companies of similar size in the UK market ($USD1.02M).

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


CEO

Gavin Griggs

3.8yrs

Tenure

UK£1,026,000

Compensation

Mr. Gavin Peter Griggs serves as Chief Executive Officer at XP Power Limited since January 1, 2021. He has been Executive Director at XP Power Limited since October 31, 2017. He had been Chief Financial Of...


Leadership Team

NamePositionTenureCompensationOwnership
Gavin Griggs
CEO & Executive Director3.8yrsUK£1.03m0.058%
£ 172.3k
Matthew Webb
CFO & Executive Director1.2yrsUK£444.09k0.051%
£ 151.9k
Andy Sng
Executive VP of Asia & Executive Directorno dataUK£322.00k0.15%
£ 428.4k
Adrian Irwin
Executive Vice President of Global Manufacturing & Operationsno datano datano data
Gary Bocock
Technical Director12.8yrsno datano data
Michael Laver
President of Corporate Development7yrsUK£331.17kno data
Peter Blyth
Executive Vice President of Global Products13.2yrsno datano data
Jay Warner
Executive Vice President - N. America Sales & Engineering Services10.5yrsno datano data
Richard Bartlett
Head of Product Development10.1yrsno datano data
Hiren Shah
Executive Vice President of Engineering11.8yrsno datano data

10.3yrs

Average Tenure

54yo

Average Age

Experienced Management: XPP's management team is seasoned and experienced (10.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gavin Griggs
CEO & Executive Director7.1yrsUK£1.03m0.058%
£ 172.3k
Matthew Webb
CFO & Executive Director1.1yrsUK£444.09k0.051%
£ 151.9k
Andy Sng
Executive VP of Asia & Executive Director17.6yrsUK£322.00k0.15%
£ 428.4k
James Robert Provan Pike
Non Executive Chairman2.7yrsUK£170.00k0.053%
£ 156.4k
Polly Williams
Senior Independent Non-Executive Director8.8yrsUK£60.00k0.018%
£ 54.3k
Pauline Lafferty
Independent Non-Executive Director4.9yrsUK£60.00k0.0074%
£ 21.7k
Sandra Elaine Breene
Independent Non-Executive Director2.1yrsUK£50.00k0.010%
£ 29.8k
Amina Hamidi
Independent Non-Executive Director2.1yrsUK£50.00kno data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: XPP's board of directors are considered experienced (3.8 years average tenure).