Ricardo Management
Management criteria checks 1/4
Ricardo's CEO is Tiemann Ritchie, appointed in Oct 2021, has a tenure of 3.67 years. total yearly compensation is £923.00K, comprised of 53.2% salary and 46.8% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth £192.91K. The average tenure of the management team and the board of directors is 2.4 years and 1.9 years respectively.
Key information
Tiemann Ritchie
Chief executive officer
UK£923.0k
Total compensation
| CEO salary percentage | 53.20% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.4yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Slowing Rates Of Return At Ricardo (LON:RCDO) Leave Little Room For Excitement
May 03
These 4 Measures Indicate That Ricardo (LON:RCDO) Is Using Debt Reasonably Well
Apr 10Ricardo (LON:RCDO) Is Paying Out Less In Dividends Than Last Year
Mar 12
Expansion Into North America And Middle East Will Open New Revenue Streams
Focus on decarbonization and environmental transition in key markets is expected to drive substantial revenue growth as demand for sustainable solutions increases.Need To Know: The Consensus Just Cut Its Ricardo plc (LON:RCDO) Estimates For 2025
Feb 08Ricardo plc's (LON:RCDO) 37% Share Price Plunge Could Signal Some Risk
Jan 31Here's Why Shareholders May Want To Be Cautious With Increasing Ricardo plc's (LON:RCDO) CEO Pay Packet
Nov 08With Ricardo plc (LON:RCDO) It Looks Like You'll Get What You Pay For
Jan 18Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0861
Oct 15Ricardo (LON:RCDO) Has Announced That It Will Be Increasing Its Dividend To £0.0861
Sep 30Ricardo's (LON:RCDO) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 16Ricardo's (LON:RCDO) Dividend Will Be Increased To £0.0335
Mar 04Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749
Oct 15Ricardo (LON:RCDO) Is Increasing Its Dividend To £0.0749
Sep 17Is Ricardo plc (LON:RCDO) Trading At A 37% Discount?
Mar 03An Intrinsic Calculation For Ricardo plc (LON:RCDO) Suggests It's 32% Undervalued
Jun 02At UK£4.34, Is Ricardo plc (LON:RCDO) Worth Looking At Closely?
Apr 05Are Investors Undervaluing Ricardo plc (LON:RCDO) By 27%?
Mar 01Could The Ricardo plc (LON:RCDO) Ownership Structure Tell Us Something Useful?
Feb 02
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -UK£1m |
| Sep 30 2024 | n/a | n/a | -UK£250k |
| Jun 30 2024 | UK£923k | UK£491k | UK£700k |
| Mar 31 2024 | n/a | n/a | -UK£8m |
| Dec 31 2023 | n/a | n/a | -UK£9m |
| Sep 30 2023 | n/a | n/a | -UK£11m |
| Jun 30 2023 | UK£695k | UK£477k | -UK£12m |
| Mar 31 2023 | n/a | n/a | -UK£11m |
| Dec 31 2022 | n/a | n/a | -UK£10m |
| Sep 30 2022 | n/a | n/a | -UK£950k |
| Jun 30 2022 | UK£811k | UK£353k | UK£8m |
Compensation vs Market: Tiemann's total compensation ($USD1.25M) is above average for companies of similar size in the UK market ($USD751.14K).
Compensation vs Earnings: Tiemann's compensation has increased whilst the company is unprofitable.
CEO
Tiemann Ritchie (53 yo)
Mr. Graham Ritchie, BA (Econ), ACA, also known as Tiemann, has been Group Chief Executive Officer and Director at Ricardo plc since October 01, 2021. He had been an Executive Vice President of Europe and C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 3.7yrs | UK£923.00k | 0.11% £ 192.9k | |
| CFO & Director | 1.9yrs | UK£633.00k | 0.043% £ 77.4k | |
| Chief Information Officer | 2.4yrs | no data | no data | |
| Group General Counsel | 1.8yrs | no data | 0.00058% £ 1.0k | |
| Group Marketing & Communications Director | 4.4yrs | no data | 0.0066% £ 11.9k | |
| Chief People Officer | less than a year | no data | 0.00058% £ 1.0k | |
| Group Director of Sustainability | 3.2yrs | no data | no data | |
| Global President of Clean Energy & Environmental Solutions | 2.5yrs | no data | 0.0034% £ 6.0k | |
| Managing Director of Performance Products | 2.4yrs | no data | no data | |
| Managing Director of Automotive & Industrial | 1.5yrs | no data | 0.00062% £ 1.1k |
Experienced Management: RCDO's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 3.7yrs | UK£923.00k | 0.11% £ 192.9k | |
| CFO & Director | 1.9yrs | UK£633.00k | 0.043% £ 77.4k | |
| Group General Counsel | no data | no data | 0.00058% £ 1.0k | |
| Non-Executive Director | less than a year | no data | no data | |
| Chairman | 2.6yrs | UK£175.00k | 0.032% £ 57.4k | |
| Senior Independent Director | 5.8yrs | UK£63.00k | 0.0082% £ 14.7k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | less than a year | no data | no data |
Experienced Board: RCDO's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/02 02:03 |
| End of Day Share Price | 2025/06/02 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Ricardo plc is covered by 19 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.
| Analyst | Institution |
|---|---|
| null null | Arden Partners Plc. |
| James Bayliss | Berenberg |
| Richard Hickinbotham | Charles Stanley Securities |