Time Finance Management

Management criteria checks 1/4

Time Finance's CEO is Ed Rimmer, appointed in Feb 2021, has a tenure of 3.08 years. total yearly compensation is £359.00K, comprised of 61.3% salary and 38.7% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth £199.71K. The average tenure of the management team and the board of directors is 2.2 years and 1.8 years respectively.

Key information

Ed Rimmer

Chief executive officer

UK£359.0k

Total compensation

CEO salary percentage61.3%
CEO tenure3.1yrs
CEO ownership0.6%
Management average tenure2.2yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

A Piece Of The Puzzle Missing From Time Finance plc's (LON:TIME) Share Price

Jan 26
A Piece Of The Puzzle Missing From Time Finance plc's (LON:TIME) Share Price

Is Now The Time To Put Time Finance (LON:TIME) On Your Watchlist?

Nov 11
Is Now The Time To Put Time Finance (LON:TIME) On Your Watchlist?

CEO Compensation Analysis

How has Ed Rimmer's remuneration changed compared to Time Finance's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 30 2023n/an/a

UK£4m

Aug 31 2023n/an/a

UK£4m

May 31 2023UK£359kUK£220k

UK£3m

Nov 30 2022n/an/a

UK£2m

Aug 31 2022n/an/a

UK£2m

May 31 2022UK£236kUK£220k

UK£1m

Nov 30 2021n/an/a

UK£2m

Aug 31 2021n/an/a

UK£2m

May 31 2021UK£193kUK£54k

UK£2m

Feb 28 2021n/an/a

UK£994k

Nov 30 2020n/an/a

UK£211k

Aug 31 2020n/an/a

UK£883k

May 31 2020UK£400kUK£160k

UK£2m

Feb 29 2020n/an/a

UK£4m

Nov 30 2019n/an/a

UK£6m

Aug 31 2019n/an/a

UK£6m

May 31 2019UK£221kUK£175k

UK£6m

Feb 28 2019n/an/a

UK£7m

Nov 30 2018n/an/a

UK£7m

Aug 31 2018n/an/a

UK£7m

May 31 2018UK£258kUK£160k

UK£6m

Compensation vs Market: Ed's total compensation ($USD453.70K) is above average for companies of similar size in the UK market ($USD342.57K).

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


CEO

Ed Rimmer (51 yo)

3.1yrs

Tenure

UK£359,000

Compensation

Mr. Edward J. Rimmer, also known as Ed, has been CEO at Time Finance plc (formerly known as 1pm PLC) since June 2021. He has been an Executive Director of Time Finance plc (formerly known as 1pm PLC) since...


Leadership Team

NamePositionTenureCompensationOwnership
Edward Rimmer
CEO & Executive Director3.1yrsUK£359.00k0.55%
£ 199.7k
James Matthew Roberts
Chief Executive Officer6.8yrsUK£273.00k0.67%
£ 241.7k
Sharon Bryden
Group Head of Operationsless than a yearno datano data
Sean Hughes
Head of Compliance2.2yrsno datano data
Kate Brown
Head of Marketing2.2yrsno datano data
Holly Mapstone
Head of HRno datano datano data
Phil Chesham
Managing Director of Invoice Financeno datano datano data
Andy Hume
Head of Sales for Northno datano datano data

2.2yrs

Average Tenure

Experienced Management: TIME's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Edward Rimmer
CEO & Executive Director4.1yrsUK£359.00k0.55%
£ 199.7k
James Matthew Roberts
Chief Executive Officerno dataUK£273.00k0.67%
£ 241.7k
Paul Hird
Independent Non-Executive Directorless than a yearno data0.095%
£ 34.2k
Tanya Raynes
Independent Non-Executive Chairman3yrsUK£55.00k0.035%
£ 12.5k
Tracy Watkinson
Independent Non-Executive Directorless than a yearno datano data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Board: TIME's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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