Intertek Group Management

Management criteria checks 3/4

Intertek Group's CEO is Andre Pierre Lacroix, appointed in May 2015, has a tenure of 8.92 years. total yearly compensation is £5.09M, comprised of 20.1% salary and 79.9% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth £25.79M. The average tenure of the management team and the board of directors is 5.5 years and 4.9 years respectively.

Key information

Andre Pierre Lacroix

Chief executive officer

UK£5.1m

Total compensation

CEO salary percentage	20.1%
CEO tenure	8.9yrs
CEO ownership	0.3%
Management average tenure	5.5yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andre Pierre Lacroix's remuneration changed compared to Intertek Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£5m	UK£1m	UK£297m
Sep 30 2023	n/a	n/a	UK£297m
Jun 30 2023	n/a	n/a	UK£297m
Mar 31 2023	n/a	n/a	UK£293m
Dec 31 2022	UK£3m	UK£1m	UK£289m
Sep 30 2022	n/a	n/a	UK£292m
Jun 30 2022	n/a	n/a	UK£296m
Mar 31 2022	n/a	n/a	UK£292m
Dec 31 2021	UK£3m	UK£988k	UK£288m
Sep 30 2021	n/a	n/a	UK£278m
Jun 30 2021	n/a	n/a	UK£267m
Mar 31 2021	n/a	n/a	UK£257m
Dec 31 2020	UK£2m	UK£974k	UK£247m
Sep 30 2020	n/a	n/a	UK£256m
Jun 30 2020	n/a	n/a	UK£265m
Mar 31 2020	n/a	n/a	UK£289m
Dec 31 2019	UK£5m	UK£964k	UK£313m
Sep 30 2019	n/a	n/a	UK£302m
Jun 30 2019	n/a	n/a	UK£291m
Mar 31 2019	n/a	n/a	UK£288m
Dec 31 2018	UK£6m	UK£945k	UK£284m
Sep 30 2018	n/a	n/a	UK£287m
Jun 30 2018	n/a	n/a	UK£290m
Mar 31 2018	n/a	n/a	UK£289m
Dec 31 2017	UK£11m	UK£927k	UK£287m

Compensation vs Market: Andre Pierre's total compensation ($USD6.36M) is about average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Andre Pierre's compensation has increased by more than 20% in the past year.

CEO

Andre Pierre Lacroix (63 yo)

8.9yrs

Tenure

UK£5,088,000

Compensation

Mr. Andre Pierre Joseph Lacroix has been the Chief Executive Officer at Intertek Group plc since May 16, 2015. Mr. Lacroix served as Secretary of Geomega Resources Inc. since November 1, 2010. He served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andre Pierre Lacroix	CEO & Director	8.9yrs	UK£5.09m	0.32% £ 25.8m
Colm Deasy	Group CFO & Executive Director	1.1yrs	UK£924.57k	0.0039% £ 313.5k
Laura Atherton	Group General Counsel and Head of Risk & Compliance	1.3yrs	no data	no data
Alexandra Berger	Senior VP and Chief Marketing & Communications Officer	less than a year	no data	no data
Julia Thomas	Senior Vice President of Corporate Development	7.9yrs	no data	no data
Tony George	Executive Vice President of Human Resources	8.8yrs	no data	no data
Ian Galloway	Executive Vice President of Middle-East	8.4yrs	no data	no data
Brian Gray	Senior Vice President of Product Intelligence & Retail Services	9yrs	no data	no data
Mark Thomas	Executive Vice President of Global Sustainability	less than a year	no data	no data
Ross McCluskey	Executive Vice President Europe & Central Asia	3yrs	UK£714.00k	no data
Michael Grigsby	Chief Financial Officer of Americas	no data	no data	no data
Gavin Campbell	President of Transportation Technologies	no data	no data	no data

5.5yrs

Average Tenure

59yo

Average Age

Experienced Management: ITRKL's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andre Pierre Lacroix	CEO & Director	8.9yrs	UK£5.09m	0.32% £ 25.8m
Colm Deasy	Group CFO & Executive Director	1.1yrs	UK£924.57k	0.0039% £ 313.5k
Jean-Michel Valette	Independent Non-Executive Director	6.8yrs	UK£86.00k	0.0067% £ 536.9k
Gill Rider	Independent Non-Executive Director	8.8yrs	UK£88.00k	0.00077% £ 61.4k
Tamara Ingram	Independent Non-Executive Director	3.3yrs	UK£77.00k	0.00029% £ 23.1k
Andrew Martin	Independent Non-Executive Chairman	7.9yrs	UK£359.00k	0.0056% £ 444.4k
Graham Allan	Senior Independent Non-Executive Director	6.5yrs	UK£89.00k	0.0018% £ 140.4k
Lynda Clarizio	Independent Non-Executive Director	3.1yrs	UK£77.00k	0.00030% £ 23.9k
Jeremy Maiden	Independent Non-Executive Director	1.9yrs	UK£74.00k	0.00031% £ 24.7k
Gurnek Bains	Independent Non-Executive Director	6.8yrs	UK£77.00k	0.00051% £ 40.7k
Apurvi Sheth	Non-Executive Director	less than a year	UK£18.00k	0.000070% £ 5.6k
Kawal Preet	Independent Non-Executive Director	1.3yrs	UK£67.00k	0.00016% £ 12.8k

4.9yrs

Average Tenure

63yo

Average Age

Experienced Board: ITRKL's board of directors are considered experienced (4.9 years average tenure).

Intertek Group Management

Management criteria checks 3/4

Key information

Recent management updates

Intertek Group plc Announces Board Changes, Effective 24 May 2024

Intertek Group plc, Annual General Meeting, May 24, 2024

Intertek Group plc Announces Appointment of Apurvi Sheth as Non-Executive Director, Effect from 1 September 2023

High number of new directors

Intertek Group plc Appoints Kawal Preet as A Non-Executive Director, Effective December 31, 2022

Intertek Group plc Announces the Appointment of Jez Maiden as A Non-Executive Director

Recent updates

Final dividend of UK£0.74 announced

Full year 2023 earnings released: EPS: UK£1.84 (vs UK£1.79 in FY 2022)

Intertek Group plc (LSE:ITRK) agreed to acquire Base Metallurgical Laboratories ltd.

Intertek Group plc (LSE:ITRK) agreed to acquire Base Metallurgical Laboratories ltd.

Intertek Group plc Announces Board Changes, Effective 24 May 2024

Now 20% undervalued

Intertek Group plc, Annual General Meeting, May 24, 2024

Intertek Group plc to Report Fiscal Year 2023 Results on Mar 05, 2024

Now 20% undervalued

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.38 per share at 2.6% yield

Intertek Group plc (LSE:ITRK) acquired PlayerLync, LLC.

Intertek Group plc (LSE:ITRK) acquired PlayerLync, LLC.

First half 2023 earnings released: EPS: UK£0.81 (vs UK£0.76 in 1H 2022)

Intertek Group plc Announces Appointment of Apurvi Sheth as Non-Executive Director, Effect from 1 September 2023

Powin LFP Energy Storage System is UL 60730-1 Certified by Intertek

Intertek Group plc Approves Final Dividend for 2022

Upcoming dividend of UK£0.72 per share at 2.6% yield

High number of new directors

Full year 2022 earnings released: EPS: UK£1.79 (vs UK£1.79 in FY 2021)

Intertek Group plc Appoints Kawal Preet as A Non-Executive Director, Effective December 31, 2022

Now 20% undervalued

Now 22% undervalued after recent price drop

Upcoming dividend of UK£0.34 per share

First half 2022 earnings released

Intertek Group plc (LSE:ITRK) entered into an agreement to acquire Clean Energy Associates LLC.

Intertek Group plc to Report Fiscal Year 2022 Results on Feb 28, 2023

Intertek Expands PTCRB Scope for 5G Products to Support Global and US Operator-Specific Testing and Certification in East Asia

Intertek Group plc Announces the Appointment of Jez Maiden as A Non-Executive Director

Intertek Group plc Approves Payment of A Final Dividend

Upcoming dividend of UK£0.72 per share

Independent Non-Executive Chairman recently bought UK£18k worth of stock

Intertek Group plc Proposes Final Dividend for 2021, Payable on 17 June 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Intertek Group plc to Report Fiscal Year 2021 Results on Mar 18, 2022

Intertek Group plc Provides Revenue Guidance for the Year 2021

Upcoming dividend of UK£0.34 per share

Intertek Group plc (LSE:ITRK) completed the acquisition of SAI Global Pty Limited.

First half 2021 earnings released: EPS UK£0.71 (vs UK£0.59 in 1H 2020)

Intertek Group plc (LSE:ITRK) acquired JLA Brasil Laboratório de Análises de Alimentos S.A.

Independent Non-Executive Director Louise Makin has left the company

Intertek Broadens ATEX Notified Body Status with First Approved Canadian Lab

Upcoming dividend of UK£0.72 per share

Intertek Group plc (LSE:ITRK) entered into an agreement to acquire SAI Global Pty Limited.

Intertek Launches Transaction Due Diligence Services to Assess Quality, Safety, Sustainability, and Regulatory Risks

Intertek Group plc Announces the Launch of Intertek CarbonZeroTM

Full year 2020 earnings released: EPS UK£1.54 (vs UK£1.95 in FY 2019)

CEO & Director recently bought UK£537k worth of stock

Full year 2020 earnings released: EPS UK£1.54 (vs UK£1.95 in FY 2019)

Revenue misses expectations

Intertek Group plc to Report Fiscal Year 2020 Results on Mar 19, 2021

Intertek Group plc, Annual General Meeting, May 26, 2021

New 90-day low: UK£54.20

Intertek Announces the Appointment of Lynda Clarizio as A Non-Executive Director

Lena Wilson Steps Down from the Board of Intertek Group plc

Independent Non-Executive Director has left the company

New 90-day low: UK£54.96

Intertek Group plc Appoints Tamara Ingram as a Non-Executive Director

Intertek Group plc Announces Directorate Change

Intertek Group plc to Report Fiscal Year 2020 Results on Mar 02, 2021

Intertek Receives Multi-Year Contract with NIOSH for Testing Post-Market N95 Respirators

Intertek Group plc Appoints Ross McCluskey to A New Operational Role, Effective from 1 April 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age