Coats Group Management

Management criteria checks 2/4

Coats Group's CEO is Rajiv Sharma, appointed in Jan 2017, has a tenure of 7.5 years. total yearly compensation is $3.45M, comprised of 25.1% salary and 74.9% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth £3.83M. The average tenure of the management team and the board of directors is 6.3 years and 5.2 years respectively.

Key information

Rajiv Sharma

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage	25.1%
CEO tenure	7.5yrs
CEO ownership	0.3%
Management average tenure	6.3yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rajiv Sharma's remuneration changed compared to Coats Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$865k	US$83m
Jun 30 2023	n/a	n/a	US$48m
Mar 31 2023	n/a	n/a	US$60m
Dec 31 2022	US$2m	US$781k	US$73m
Sep 30 2022	n/a	n/a	US$82m
Jun 30 2022	n/a	n/a	US$91m
Mar 31 2022	n/a	n/a	US$88m
Dec 31 2021	US$2m	US$840k	US$85m
Sep 30 2021	n/a	n/a	US$82m
Jun 30 2021	n/a	n/a	US$79m
Mar 31 2021	n/a	n/a	US$53m
Dec 31 2020	US$1m	US$795k	US$26m
Sep 30 2020	n/a	n/a	US$32m
Jun 30 2020	n/a	n/a	US$38m
Mar 31 2020	n/a	n/a	US$67m
Dec 31 2019	US$3m	US$799k	US$96m
Sep 30 2019	n/a	n/a	US$84m
Jun 30 2019	n/a	n/a	US$71m
Mar 31 2019	n/a	n/a	US$63m
Dec 31 2018	US$4m	US$747k	US$55m
Jun 30 2018	n/a	n/a	US$64m
Mar 31 2018	n/a	n/a	US$68m
Dec 31 2017	US$3m	US$769k	US$71m

Compensation vs Market: Rajiv's total compensation ($USD3.45M) is above average for companies of similar size in the UK market ($USD2.14M).

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

CEO

Rajiv Sharma (58 yo)

7.5yrs

Tenure

US$3,451,806

Compensation

Mr. Rajiv Sharma is Independent Non-Executive Director at Senior plc since January 1, 2019. Mr. Sharma has been the Group Chief Executive Officer at Coats Group Plc and Coats Group Limited since January 1,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rajiv Sharma	Group Chief Executive Officer & Executive Director	7.5yrs	US$3.45m	0.29% $ 3.8m
Jacqueline Callaway	Group CFO & Executive Director	3.3yrs	US$1.91m	0.021% $ 277.8k
Stuart Morgan	Chief Legal & Risk Officer and Group Company Secretary	9.8yrs	no data	no data
Bryan Whitfield	Global Head of Sales of Footwear Division	no data	no data	no data
Farnaz Ranjbar	Chief Human Resources Officer	2.5yrs	no data	no data
Adrian Elliott	Chief Executive Officer of Apparel	7.5yrs	no data	no data
Shantanu Banerjee	Group Head of Innovation	6.3yrs	no data	no data
Victoria Huxster	Head of Investor Relations (Leave of Absence)	no data	no data	no data
Frederic Verague	Chief Executive Officer of Footwear	2.5yrs	no data	no data
Soundar Rajan	Chief Executive Officer of Performance Materials	2.5yrs	no data	no data
Frank Bottcher	Managing Director of Structural Components	no data	no data	no data
Shantanu Banarjee	President of Performance Materials	7.5yrs	no data	no data

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: COAL's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rajiv Sharma	Group Chief Executive Officer & Executive Director	9.3yrs	US$3.45m	0.29% $ 3.8m
Jacqueline Callaway	Group CFO & Executive Director	3.6yrs	US$1.91m	0.021% $ 277.8k
Stephen Murray	Senior Independent Non-Executive Director	1.8yrs	US$84.27k	0.0041% $ 54.1k
Jakob Sigurdsson	Independent Non-Executive Director	3.8yrs	US$84.27k	0.0049% $ 64.3k
David Gosnell	Independent Chairman of the Board	9.3yrs	US$318.70k	0.11% $ 1.4m
Frances Philip	Independent Non-Executive Director	7.8yrs	US$104.02k	0.0048% $ 63.2k
Hongyan Echo Lu	Independent Non-Executive Director	6.6yrs	US$100.58k	0.0014% $ 19.1k
Sarah Highfield	Independent Non-Executive Director	less than a year	US$14.02k	no data

5.2yrs

Average Tenure

59yo

Average Age

Experienced Board: COAL's board of directors are considered experienced (5.2 years average tenure).

Coats Group Management

Management criteria checks 2/4

Key information

Recent management updates

Coats Group plc Appoints David Paja as Executive Director of the Board, Effective 1 September 2024

Coats Group plc Announces Group Chief Executive Officer Changes

Coats Group plc Announces Nicholas Bull Not to Stand for Re-Election as Director

Coats Group plc Appoints Sarah Highfield to the Sustainability Committee with Effect from 1 January 2024

Coats Group plc Announces Board Changes

Coats Group plc, Annual General Meeting, May 22, 2024

Recent updates

Coats Group plc Appoints David Paja as Executive Director of the Board, Effective 1 September 2024

Coats Group plc Announces Group Chief Executive Officer Changes

Coats Group plc Announces Nicholas Bull Not to Stand for Re-Election as Director

Upcoming dividend of US$0.02 per share

Coats Group plc Proposes Final Dividend, Payable on 30 May 2024

Full year 2023 earnings released: EPS: US$0.052 (vs US$0.048 in FY 2022)

Coats Group plc to Report First Half, 2024 Results on Aug 01, 2024

Coats Group plc Appoints Sarah Highfield to the Sustainability Committee with Effect from 1 January 2024

Coats Group plc to Report Fiscal Year 2023 Results on Mar 11, 2024

Now 20% undervalued after recent price drop

Coats Group plc Announces Board Changes

Coats Group plc, Annual General Meeting, May 22, 2024

Coats Group plc Appoints Sarah Highfield as Non-Executive Director, Effective 1 November 2023

Key Executive recently sold UK£537k worth of stock

Now 21% undervalued

AEQUITA SE & Co KGaA acquired European Zips business from Coats Group plc (LSE:COA).

Now 22% undervalued

New minor risk - Profit margin trend

First half 2023 earnings released: EPS: US$0.015 (vs US$0.034 in 1H 2022)

Coats Group plc Declares Interim Dividend, Payable on 15 November 2023

Now 21% undervalued after recent price drop

AEQUITA SE & Co KGaA entered into an agreement to acquire European Zips business from Coats Group plc (LSE:COA) for $1 million.

Coats Group plc Appoints Jackie Callaway as Non-Executive Director and Member of the Nomination and Audit Committees

Upcoming dividend of US$0.017 per share at 2.6% yield

Full year 2022 earnings released: EPS: US$0.048 (vs US$0.061 in FY 2021)

Now 20% undervalued

Hardy Henry Textiles Ltée signed an agreement to acquire Business Operations of Coats Groupin Mauritius and Madagascar.

Coats Group plc to Report Fiscal Year 2022 Results on Mar 02, 2023

Coats Group plc, Annual General Meeting, May 17, 2023

Coats Group plc Appoints Heather Lawrence Will Join the Board as A Non-Executive Director, Effective 7 November 2022

Coats Group plc Announces Steve Murray as Non-Executive Director, Effective 1 September 2022

Coats Group plc (LSE:COA) completed the acquisition of Rhenoflex GmbH.

Coats Group plc has completed a Follow-on Equity Offering in the amount of £92.2274 million.

Coats Group plc (LSE:COA) signed an agreement to acquire Rhenoflex GmbH for an enterprise value of €115 million.

First half 2022 earnings released: EPS: US$0.034 (vs US$0.03 in 1H 2021)

Coats Group plc (LSE:COA) signed a definitive agreement to acquire Texon International Group Ltd for $211 million.

Reelpar SA completed the acquisition of Coats Group plc in Brazil and Argentina from Coats Group plc (LSE:COA).

Coats Group plc, Annual General Meeting, May 18, 2022

Coats Group plc Announces Board Changes, Effective 19 May 2022

Upcoming dividend of US$0.015 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Coats Group plc Provides Group Earnings Guidance for the Fiscal Year 2022

Independent Chairman of the Board recently bought UK£205k worth of stock

First half 2021 earnings released: EPS US$0.034 (vs US$0.006 loss in 1H 2020)

Chairman of the Board Michael Clasper has left the company

Upcoming dividend of US$0.013 per share

CFO & Executive Director has left the company

New 90-day low: UK£0.59

Full year 2020 earnings released: EPS US$0.018 (vs US$0.067 in FY 2019)

Revenue misses expectations

Coats Group plc Announces Remuneration and Audit Committee Changes

Coats Group plc to Report First Half, 2021 Results on Aug 03, 2021

Coats Group plc, Annual General Meeting, May 19, 2021

New 90-day high: UK£0.72

Independent Non-Executive Director recently bought UK£97k worth of stock

Coats Group plc Announces Board Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age