AJ Bell Management

Management criteria checks 2/4

AJ Bell's CEO is Michael Summersgill, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is £941.00K, comprised of 53.1% salary and 46.9% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth £2.78M. The average tenure of the management team and the board of directors is 3 years and 2.7 years respectively.

Key information

Michael Summersgill

Chief executive officer

UK£941.0k

Total compensation

CEO salary percentage	53.1%
CEO tenure	2.1yrs
CEO ownership	0.1%
Management average tenure	3yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Summersgill's remuneration changed compared to AJ Bell's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	UK£81m
Dec 31 2023	n/a	n/a	UK£75m
Sep 30 2023	UK£941k	UK£500k	UK£68m
Jun 30 2023	n/a	n/a	UK£63m
Mar 31 2023	n/a	n/a	UK£59m
Dec 31 2022	n/a	n/a	UK£53m
Sep 30 2022	UK£635k	UK£313k	UK£47m
Jun 30 2022	n/a	n/a	UK£43m
Mar 31 2022	n/a	n/a	UK£39m
Dec 31 2021	n/a	n/a	UK£41m
Sep 30 2021	UK£481k	UK£226k	UK£44m
Jun 30 2021	n/a	n/a	UK£45m
Mar 31 2021	n/a	n/a	UK£47m
Dec 31 2020	n/a	n/a	UK£43m
Sep 30 2020	UK£527k	UK£226k	UK£39m
Jun 30 2020	n/a	n/a	UK£36m
Mar 31 2020	n/a	n/a	UK£34m
Dec 31 2019	n/a	n/a	UK£32m
Sep 30 2019	UK£767k	UK£220k	UK£30m
Jun 30 2019	n/a	n/a	UK£28m
Mar 31 2019	n/a	n/a	UK£25m
Dec 31 2018	n/a	n/a	UK£24m
Sep 30 2018	UK£286k	UK£172k	UK£23m

Compensation vs Market: Michael's total compensation ($USD1.18M) is below average for companies of similar size in the UK market ($USD2.68M).

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

CEO

Michael Summersgill (41 yo)

2.1yrs

Tenure

UK£941,000

Compensation

Mr. Michael Thomas Summersgill has been Director of AJ Bell Plc since May 31, 2011, had been its Deputy CEO since October 1, 2021 until September 30, 2022. Since October 01, 2022 he serves as Chief Executi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Summersgill	CEO, Member of the Management Board & Director	2.1yrs	UK£941.00k	0.14% £ 2.8m
Peter Birch	CFO, Director & Member of Management Board	2.3yrs	UK£650.00k	0.0017% £ 33.0k
Roger Stott	COO, Member of the Management Board & Director	3.1yrs	UK£551.00k	0.050% £ 957.8k
Billy Mackay	MD of Advised & Member of Management Board	no data	no data	0.33% £ 6.3m
Elizabeth Carrington	HR Director & Member of the Management Board	no data	no data	0.13% £ 2.5m
Charlie Musson	Chief Communications Officer	no data	no data	0.082% £ 1.6m
Mohamed Tagari	CTO & Member of Management Board	5yrs	no data	0.027% £ 527.6k
Karen Goodman	Chief Risk Officer & Member of Management Board	3.2yrs	no data	0.00028% £ 5.4k
Shaun Yates	Director of Investor Relations	no data	no data	no data
Kina Sinclair	Secretary & Group Legal Services Director	1.1yrs	no data	0.0027% £ 51.6k
Mark Gillan	Head of Product	4.1yrs	no data	no data
Matt Brennan	Head of Investment Management	2.8yrs	no data	no data

3.0yrs

Average Tenure

45yo

Average Age

Experienced Management: AJBL's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Summersgill	CEO, Member of the Management Board & Director	13.5yrs	UK£941.00k	0.14% £ 2.8m
Peter Birch	CFO, Director & Member of Management Board	2.3yrs	UK£650.00k	0.0017% £ 33.0k
Roger Stott	COO, Member of the Management Board & Director	3.1yrs	UK£551.00k	0.050% £ 957.8k
Eamonn Flanagan	Independent Non-Executive Director	6.7yrs	UK£63.00k	0.037% £ 707.8k
Margaret Hassall	Independent Non-Executive Director	3.2yrs	UK£63.00k	no data
Evelyn Bourke	Senior Independent Director	3.3yrs	UK£63.00k	0.021% £ 399.7k
Fiona Fry	Independent Non-Executive Director	less than a year	no data	no data
Fiona Clutterbuck	Non-Executive Chair	1.5yrs	UK£94.00k	0.0027% £ 52.5k
Leslie Platts	Non-Independent & Non-Executive Director	1.3yrs	UK£13.00k	0.075% £ 1.5m
Julie Chakraverty	Independent Non-Executive Director	less than a year	no data	0.0042% £ 81.5k

2.7yrs

Average Tenure

60yo

Average Age

Experienced Board: AJBL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

AJ Bell Management

Management criteria checks 2/4

Key information

Recent management updates

Aj Bell plc Announces Executive Appointments

Aj Bell plc Announces Directorate Change

AJ Bell plc Announces Directorate Change

AJ Bell plc Appoints Fiona Fry to Its Board of Directors as an Independent Non-Executive Director, Effective from December 7, 2023

AJ Bell Appoints Mark Rendle as Product Director

Board Member recently bought UK£241k worth of stock

Recent updates

Aj Bell plc Announces Executive Appointments

Aj Bell plc Announces Directorate Change

First half dividend increased to UK£0.043

AJ Bell plc Updates Earnings Guidance for the Fiscal Year 2024

AJ Bell plc Updates Earnings Guidance for the Fiscal Year 2024

AJ Bell plc to Report Fiscal Year 2024 Final Results on Dec 05, 2024

AJ Bell plc Announces Directorate Change

AJ Bell plc Approves Final Dividend for the Year Ended September 30, 2023

Upcoming dividend of UK£0.072 per share at 3.6% yield

New minor risk - Insider selling

Full year 2023 earnings released: EPS: UK£0.17 (vs UK£0.11 in FY 2022)

AJ Bell plc to Report First Half, 2024 Results on May 23, 2024

Investor sentiment improves as stock rises 16%

AJ Bell plc Announces Final Ordinary Dividend, Payable on 30 January 2024

AJ Bell plc Appoints Fiona Fry to Its Board of Directors as an Independent Non-Executive Director, Effective from December 7, 2023

AJ Bell plc to Report Fiscal Year 2023 Results on Dec 07, 2023

Now 21% undervalued after recent price drop

AJ Bell Appoints Mark Rendle as Product Director

Board Member recently bought UK£241k worth of stock

AJ Bell plc Appoints Les Platts as Non-Independent Non-Executive Director

High number of new directors

Upcoming dividend of UK£0.035 per share at 2.3% yield

First half 2023 earnings released: EPS: UK£0.08 (vs UK£0.051 in 1H 2022)

AJ Bell plc Declares an Interim Dividend for the Year 2023

Upcoming dividend of UK£0.046 per share

AJ Bell plc, Annual General Meeting, Feb 08, 2023

High number of new directors

Board Member recently sold UK£613k worth of stock

Full year 2022 earnings released: EPS: UK£0.11 (vs UK£0.11 in FY 2021)

AJ Bell plc Announces Final Ordinary Dividend

AJ Bell plc to Report Fiscal Year 2022 Results on Dec 01, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

AJ Bell plc Appoints Michael Summersgill as Chief Executive Officer, Effective 1 October 2022

AJ Bell plc Announces Nomination Committee Changes

Aj Bell Announces Management Changes

AJ Bell plc to Appoint Andy Bell as Non-Executive Deputy Chair with Effect from 1 October 2022

Senior Independent Director recently bought UK£150k worth of stock

First half 2022 earnings released

AJ Bell plc Declares Interim Dividend for Six-Month Period Ended March 31, 2022

Now 21% undervalued after recent price drop

Insider recently bought UK£100k worth of stock

Upcoming dividend of UK£0.095 per share

Key Executive recently bought UK£995k worth of stock

AJ Bell plc Declares Special Dividend for the Financial Year Ended September 30, 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Insider recently bought UK£1.6m worth of stock

Upcoming dividend of UK£0.025 per share

First half 2021 earnings released: EPS UK£0.063 (vs UK£0.044 in 1H 2020)

AJ Bell plc Recommends Interim Dividend, Payable on 2 July 2021

Insider recently bought UK£423k worth of stock

AJ Bell plc (LSE:AJB) acquired Adalpha Ltd.

AJ Bell plc Announces Directorate Changes

New 90-day low: UK£4.23

Insider recently sold UK£2.8m worth of stock

AJ Bell plc to Report First Half, 2021 Results on May 27, 2021

New 90-day high: UK£4.57

Insider recently sold UK£1.5m worth of stock

Insider recently sold UK£2.2m worth of stock

Revenue beats expectations

Full year 2020 earnings released: EPS UK£0.095

AJ Bell plc, Annual General Meeting, Jan 27, 2021

AJ Bell plc Announces Management Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure