SSP Group Management
Management criteria checks 4/4
SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 2.75 years. total yearly compensation is £1.65M, comprised of 48.7% salary and 51.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth £1.70M. The average tenure of the management team and the board of directors is 2.3 years and 4.3 years respectively.
Key information
Patrick Coveney
Chief executive officer
UK£1.6m
Total compensation
| CEO salary percentage | 48.7% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Shareholders Will Be Pleased With The Quality of SSP Group's (LON:SSPG) Earnings
Dec 11
Earnings Miss: SSP Group plc Missed EPS By 64% And Analysts Are Revising Their Forecasts
Dec 06Calculating The Fair Value Of SSP Group plc (LON:SSPG)
Nov 29At UK£1.66, Is SSP Group plc (LON:SSPG) Worth Looking At Closely?
Oct 10SSP Group (LON:SSPG) Could Be Struggling To Allocate Capital
Sep 20Here's Why SSP Group (LON:SSPG) Has A Meaningful Debt Burden
Aug 16SSP Group plc (LON:SSPG) Stock Rockets 26% But Many Are Still Ignoring The Company
Aug 01An Intrinsic Calculation For SSP Group plc (LON:SSPG) Suggests It's 27% Undervalued
Jul 25Investors Could Be Concerned With SSP Group's (LON:SSPG) Returns On Capital
May 21What Is SSP Group plc's (LON:SSPG) Share Price Doing?
May 01SSP Group plc's (LON:SSPG) Share Price Matching Investor Opinion
Apr 12Is 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 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | UK£2m | UK£802k | UK£27m |
| Jun 30 2024 | n/a | n/a | UK£18m |
| Mar 31 2024 | n/a | n/a | UK£8m |
| Dec 31 2023 | n/a | n/a | UK£8m |
| 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 ($USD2.06M) is about average for companies of similar size in the UK market ($USD2.41M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
CEO
Patrick Coveney (54 yo)
2.8yrs
Tenure
UK£1,646,000
Compensation
Mr. Patrick Francis 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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.8yrs | UK£1.65m | 0.12% £ 1.7m | |
| Deputy CEO | 20.9yrs | UK£1.03m | 0.22% £ 3.1m | |
| Co-Owner | no data | no data | no data | |
| Co-Owner | no data | no data | no data | |
| Co-Owner | no data | no data | no data | |
| Chief Operationg officer | less than a year | no data | no data | |
| Chief Digital & Technology Officer | less than a year | no data | no data | |
| Group General Counsel & Company Secretary | 1.8yrs | 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 | 12.8yrs | no data | no data | |
| Chief Executive Officer of SSP North America | 10.4yrs | no data | no data |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Management: SSPG's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.8yrs | UK£1.65m | 0.12% £ 1.7m | |
| Deputy CEO | 10.5yrs | UK£1.03m | 0.22% £ 3.1m | |
| Independent Non-Executive Director | 4.3yrs | UK£66.00k | 0.0052% £ 74.0k | |
| Independent Non-Executive Director | 2.9yrs | UK£55.00k | 0.0024% £ 34.9k | |
| Independent Chairman of the Board | 5.1yrs | UK£286.00k | 0.030% £ 429.1k | |
| Independent Non-Executive Director | 4.2yrs | UK£65.00k | 0.0038% £ 53.7k | |
| Senior Independent Non-Executive Director | 6.2yrs | UK£75.00k | 0.0039% £ 55.6k | |
| Independent Non-Executive Director | 2.9yrs | UK£56.00k | 0.0029% £ 42.1k |
4.3yrs
Average Tenure
60yo
Average Age
Experienced Board: SSPG's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:21 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
SSP Group plc is covered by 34 analysts. 15 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 |
|---|---|
| James Rowland Clark | Barclays |
| Patrick Coffey | Barclays |
| Stuart Gordon | Berenberg |