XP Power Management
Management criteria checks 3/4
XP Power's CEO is Gavin Griggs, appointed in Jan 2021, has a tenure of 3.33 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 £160.10K. The average tenure of the management team and the board of directors is 9.8 years and 3.3 years respectively.
Key information
Gavin Griggs
Chief executive officer
UK£1.0m
Total compensation
| CEO salary percentage | 55.1% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 9.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Shareholders May Be Wary Of Increasing XP Power Limited's (LON:XPP) CEO Compensation Package
Apr 20
A Look At The Fair Value Of XP Power Limited (LON:XPP)
Mar 21The Market Doesn't Like What It Sees From XP Power Limited's (LON:XPP) Revenues Yet As Shares Tumble 25%
Mar 06Is There An Opportunity With XP Power Limited's (LON:XPP) 36% Undervaluation?
Nov 02Returns On Capital Signal Tricky Times Ahead For XP Power (LON:XPP)
Oct 03Is XP Power Limited (LON:XPP) Trading At A 43% Discount?
Jun 27Is Now The Time To Look At Buying XP Power Limited (LON:XPP)?
Jun 14XP Power (LON:XPP) Seems To Use Debt Quite Sensibly
May 16XP Power (LON:XPP) Has Affirmed Its Dividend Of UK£0.18
May 02XP Power (LON:XPP) Will Want To Turn Around Its Return Trends
May 01XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.18
Apr 17An Intrinsic Calculation For XP Power Limited (LON:XPP) Suggests It's 26% Undervalued
Mar 17XP Power (LON:XPP) Is Due To Pay A Dividend Of UK£0.36
Mar 03Why XP Power Limited (LON:XPP) Could Be Worth Watching
Feb 22XP Power Limited's (LON:XPP) Intrinsic Value Is Potentially 19% Below Its Share Price
Nov 30What Is XP Power Limited's (LON:XPP) Share Price Doing?
Nov 02XP Power's (LON:XPP) Upcoming Dividend Will Be Larger Than Last Year's
Oct 14Why You Should Care About XP Power's (LON:XPP) Strong Returns On Capital
Sep 24We Think XP Power (LON:XPP) Can Manage Its Debt With Ease
Aug 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£1m | UK£565k | -UK£9m |
| Sep 30 2023 | n/a | n/a | UK£7m |
| Jun 30 2023 | n/a | n/a | UK£23m |
| Mar 31 2023 | n/a | n/a | UK£2m |
| Dec 31 2022 | UK£730k | UK£537k | -UK£20m |
| Sep 30 2022 | n/a | n/a | -UK£23m |
| Jun 30 2022 | n/a | n/a | -UK£26m |
| Mar 31 2022 | n/a | n/a | -UK£2m |
| Dec 31 2021 | UK£1m | UK£492k | UK£23m |
| Sep 30 2021 | n/a | n/a | UK£30m |
| Jun 30 2021 | n/a | n/a | UK£37m |
| Mar 31 2021 | n/a | n/a | UK£34m |
| Dec 31 2020 | UK£1m | UK£314k | UK£32m |
| Sep 30 2020 | n/a | n/a | UK£25m |
| Jun 30 2020 | n/a | n/a | UK£18m |
| Mar 31 2020 | n/a | n/a | UK£19m |
| Dec 31 2019 | UK£352k | UK£286k | UK£21m |
| Sep 30 2019 | n/a | n/a | UK£23m |
| Jun 30 2019 | n/a | n/a | UK£26m |
| Mar 31 2019 | n/a | n/a | UK£28m |
| Dec 31 2018 | UK£512k | UK£280k | UK£30m |
| Sep 30 2018 | n/a | n/a | UK£31m |
| Jun 30 2018 | n/a | n/a | UK£32m |
| Mar 31 2018 | n/a | n/a | UK£30m |
| Dec 31 2017 | UK£325k | UK£48k | UK£28m |
Compensation vs Market: Gavin's total compensation ($USD1.28M) is about average for companies of similar size in the UK market ($USD1.04M).
Compensation vs Earnings: Gavin's compensation has increased whilst the company is unprofitable.
CEO
Gavin Griggs
3.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.3yrs | UK£1.03m | 0.058% £ 160.1k | |
| CFO & Executive Director | less than a year | UK£444.09k | 0.051% £ 141.2k | |
| Executive VP of Asia & Executive Director | no data | UK£322.00k | 0.14% £ 398.1k | |
| Executive Vice President of Global Manufacturing & Operations | no data | no data | no data | |
| Technical Director | 12.3yrs | no data | no data | |
| President of Corporate Development | 6.5yrs | UK£331.17k | no data | |
| Executive Vice President of Global Products | 12.7yrs | no data | no data | |
| Executive Vice President - N. America Sales & Engineering Services | 10yrs | no data | no data | |
| Head of Product Development | 9.6yrs | no data | no data | |
| Executive Vice President of Engineering | 11.3yrs | no data | no data |
9.8yrs
Average Tenure
53yo
Average Age
Experienced Management: XPP's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.6yrs | UK£1.03m | 0.058% £ 160.1k | |
| CFO & Executive Director | less than a year | UK£444.09k | 0.051% £ 141.2k | |
| Executive VP of Asia & Executive Director | 17.1yrs | UK£322.00k | 0.14% £ 398.1k | |
| Non Executive Chairman | 2.2yrs | UK£170.00k | 0.053% £ 145.4k | |
| Senior Independent Non-Executive Director | 8.3yrs | UK£60.00k | 0.018% £ 50.4k | |
| Independent Non-Executive Director | 4.4yrs | UK£60.00k | 0.0073% £ 20.2k | |
| Independent Non-Executive Director | 1.6yrs | UK£50.00k | 0.010% £ 27.7k | |
| Independent Non-Executive Director | 1.6yrs | UK£50.00k | no data |
3.3yrs
Average Tenure
58yo
Average Age
Experienced Board: XPP's board of directors are considered experienced (3.3 years average tenure).