SSP Group Management
Management criteria checks 4/4
SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 2.08 years. total yearly compensation is £2.35M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth £1.85M. The average tenure of the management team and the board of directors is 2.6 years and 3.6 years respectively.
Key information
Patrick Coveney
Chief executive officer
UK£2.3m
Total compensation
| CEO salary percentage | 33.4% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion
Apr 12
Is SSP Group (LON:SSPG) A Risky Investment?
Mar 18Estimating The Fair Value Of SSP Group plc (LON:SSPG)
Feb 29Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital
Jan 18Investors Appear Satisfied With SSP Group plc's (LON:SSPG) Prospects
Jan 03SSP Group's (LON:SSPG) Solid Earnings Are Supported By Other Strong Factors
Dec 18Should You Think About Buying SSP Group plc (LON:SSPG) Now?
Nov 21Are Investors Undervaluing SSP Group plc (LON:SSPG) By 34%?
Oct 15SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital
Sep 25Should You Investigate SSP Group plc (LON:SSPG) At UK£2.34?
Aug 17A Look At The Fair Value Of SSP Group plc (LON:SSPG)
Jul 16Does SSP Group (LON:SSPG) Have A Healthy Balance Sheet?
Jul 01Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)
Jun 14Is It Time To Consider Buying SSP Group plc (LON:SSPG)?
May 12Returns On Capital At SSP Group (LON:SSPG) Paint A Concerning Picture
Mar 14These 4 Measures Indicate That SSP Group (LON:SSPG) Is Using Debt Extensively
Feb 21What Does SSP Group plc's (LON:SSPG) Share Price Indicate?
Jan 25Returns On Capital Signal Tricky Times Ahead For SSP Group (LON:SSPG)
Dec 12An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued
Oct 26What Does SSP Group plc's (LON:SSPG) Share Price Indicate?
Sep 09Would SSP Group (LON:SSPG) Be Better Off With Less Debt?
Jul 28Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?
Jul 06Health Check: How Prudently Does SSP Group (LON:SSPG) Use Debt?
Mar 17Is Now The Time To Look At Buying SSP Group plc (LON:SSPG)?
Nov 09Are SSP Group plc (LON:SSPG) Investors Paying Above The Intrinsic Value?
Oct 19The SSP Group plc (LON:SSPG) Analysts Have Been Trimming Their Sales Forecasts
Jun 10Auditors Have Doubts About SSP Group (LON:SSPG)
Feb 25SSP Group's(LON:SSPG) Share Price Is Down 55% Over The Past Year.
Feb 03
The Independent Chairman of the Board of SSP Group plc (LON:SSPG), Michael Clasper, Just Bought 78% More Shares
Dec 26Earnings Update: SSP Group plc (LON:SSPG) Just Reported And Analysts Are Trimming Their Forecasts
Dec 19Bearish: Analysts Just Cut Their SSP Group plc (LON:SSPG) Revenue and EPS estimates
Dec 17How Many SSP Group plc (LON:SSPG) Shares Have Insiders Sold, In The Last Year?
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | UK£2m | UK£784k | UK£8m |
| Jun 30 2023 | n/a | n/a | UK£10m |
| Mar 31 2023 | n/a | n/a | UK£12m |
| Dec 31 2022 | n/a | n/a | UK£1m |
| Sep 30 2022 | UK£2m | UK£390k | -UK£10m |
Compensation vs Market: Patrick's total compensation ($USD2.90M) is about average for companies of similar size in the UK market ($USD2.31M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
CEO
Patrick Coveney (53 yo)
2.1yrs
Tenure
UK£2,348,000
Compensation
Mr. Patrick F. Coveney, B.Comm, M.Phil, D.Phil, serves as Non-Executive Director at Olam Food Ingredients Spain S.L. He has been Group Chief Executive Officer and Director at SSP Group plc since March 31,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.1yrs | UK£2.35m | 0.11% £ 1.8m | |
| Deputy CEO | 20.3yrs | UK£1.69m | 0.22% £ 3.5m | |
| Co-Owner | no data | no data | no data | |
| Chief Digital & Technology Officer | 3.3yrs | no data | no data | |
| Group General Counsel & Company Secretary | 1.2yrs | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Procurement Officer | no data | no data | no data | |
| Chief Business Development & Strategy Officer and CEO India and EEME | 10yrs | no data | no data | |
| Chief Executive Officer of SSP North America | 9.8yrs | no data | no data | |
| Chief Executive Officer of Nordics & Continental Europe | 2.8yrs | no data | no data | |
| Chief Customer Officer | 2.5yrs | no data | no data | |
| Chief Executive Officer of SSP Asia Pacific | 1.5yrs | no data | no data |
2.6yrs
Average Tenure
58yo
Average Age
Experienced Management: SSPG's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.1yrs | UK£2.35m | 0.11% £ 1.8m | |
| Deputy CEO | 9.8yrs | UK£1.69m | 0.22% £ 3.5m | |
| Independent Non-Executive Director | 3.7yrs | UK£68.00k | 0.0033% £ 53.6k | |
| Independent Non-Executive Director | 2.3yrs | UK£55.00k | 0.0024% £ 39.6k | |
| Independent Chairman of the Board | 4.4yrs | UK£285.00k | 0.030% £ 487.2k | |
| Independent Non-Executive Director | 3.5yrs | UK£58.00k | 0.0038% £ 61.0k | |
| Senior Independent Non-Executive Director | 5.5yrs | UK£75.00k | 0.0039% £ 63.1k | |
| Independent Non-Executive Director | 2.3yrs | UK£56.00k | 0.0024% £ 38.7k |
3.6yrs
Average Tenure
59yo
Average Age
Experienced Board: SSPG's board of directors are considered experienced (3.6 years average tenure).