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 percentage | 61.3% |
CEO tenure | 3.1yrs |
CEO ownership | 0.6% |
Management average tenure | 2.2yrs |
Board average tenure | 1.8yrs |
Recent management updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Nov 30 2023 | n/a | n/a | UK£4m |
Aug 31 2023 | n/a | n/a | UK£4m |
May 31 2023 | UK£359k | UK£220k | UK£3m |
Nov 30 2022 | n/a | n/a | UK£2m |
Aug 31 2022 | n/a | n/a | UK£2m |
May 31 2022 | UK£236k | UK£220k | UK£1m |
Nov 30 2021 | n/a | n/a | UK£2m |
Aug 31 2021 | n/a | n/a | UK£2m |
May 31 2021 | UK£193k | UK£54k | UK£2m |
Feb 28 2021 | n/a | n/a | UK£994k |
Nov 30 2020 | n/a | n/a | UK£211k |
Aug 31 2020 | n/a | n/a | UK£883k |
May 31 2020 | UK£400k | UK£160k | UK£2m |
Feb 29 2020 | n/a | n/a | UK£4m |
Nov 30 2019 | n/a | n/a | UK£6m |
Aug 31 2019 | n/a | n/a | UK£6m |
May 31 2019 | UK£221k | UK£175k | UK£6m |
Feb 28 2019 | n/a | n/a | UK£7m |
Nov 30 2018 | n/a | n/a | UK£7m |
Aug 31 2018 | n/a | n/a | UK£7m |
May 31 2018 | UK£258k | UK£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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 3.1yrs | UK£359.00k | 0.55% £ 199.7k | |
Chief Executive Officer | 6.8yrs | UK£273.00k | 0.67% £ 241.7k | |
Group Head of Operations | less than a year | no data | no data | |
Head of Compliance | 2.2yrs | no data | no data | |
Head of Marketing | 2.2yrs | no data | no data | |
Head of HR | no data | no data | no data | |
Managing Director of Invoice Finance | no data | no data | no data | |
Head of Sales for North | no data | no data | no data |
2.2yrs
Average Tenure
Experienced Management: TIME's management team is considered experienced (2.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 4.1yrs | UK£359.00k | 0.55% £ 199.7k | |
Chief Executive Officer | no data | UK£273.00k | 0.67% £ 241.7k | |
Independent Non-Executive Director | less than a year | no data | 0.095% £ 34.2k | |
Independent Non-Executive Chairman | 3yrs | UK£55.00k | 0.035% £ 12.5k | |
Independent Non-Executive Director | less than a year | no data | no 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.