Paragon Banking Group Management
Management criteria checks 3/4
Paragon Banking Group's CEO is Nigel Terrington, appointed in Jun 1995, has a tenure of 29.5 years. total yearly compensation is £3.26M, comprised of 28.3% salary and 71.7% bonuses, including company stock and options. directly owns 0.69% of the company’s shares, worth £10.15M. The average tenure of the management team and the board of directors is 5.9 years and 4.8 years respectively.
Key information
Nigel Terrington
Chief executive officer
UK£3.3m
Total compensation
CEO salary percentage | 28.3% |
CEO tenure | 29.5yrs |
CEO ownership | 0.7% |
Management average tenure | 5.9yrs |
Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | UK£186m |
Jun 30 2024 | n/a | n/a | UK£192m |
Mar 31 2024 | n/a | n/a | UK£198m |
Dec 31 2023 | n/a | n/a | UK£176m |
Sep 30 2023 | UK£3m | UK£921k | UK£154m |
Jun 30 2023 | n/a | n/a | UK£198m |
Mar 31 2023 | n/a | n/a | UK£242m |
Dec 31 2022 | n/a | n/a | UK£278m |
Sep 30 2022 | UK£3m | UK£629k | UK£314m |
Jun 30 2022 | n/a | n/a | UK£257m |
Mar 31 2022 | n/a | n/a | UK£199m |
Dec 31 2021 | n/a | n/a | UK£182m |
Sep 30 2021 | UK£3m | UK£599k | UK£165m |
Jun 30 2021 | n/a | n/a | UK£143m |
Mar 31 2021 | n/a | n/a | UK£121m |
Dec 31 2020 | n/a | n/a | UK£106m |
Sep 30 2020 | UK£2m | UK£563k | UK£91m |
Jun 30 2020 | n/a | n/a | UK£103m |
Mar 31 2020 | n/a | n/a | UK£114m |
Dec 31 2019 | n/a | n/a | UK£121m |
Sep 30 2019 | UK£3m | UK£503k | UK£127m |
Jun 30 2019 | n/a | n/a | UK£135m |
Mar 31 2019 | n/a | n/a | UK£142m |
Dec 31 2018 | n/a | n/a | UK£144m |
Oct 01 2018 | n/a | n/a | UK£146m |
Compensation vs Market: Nigel's total compensation ($USD4.08M) is above average for companies of similar size in the UK market ($USD2.35M).
Compensation vs Earnings: Nigel's compensation has been consistent with company performance over the past year.
CEO
Nigel Terrington (65 yo)
29.5yrs
Tenure
UK£3,255,000
Compensation
Mr. Nigel S. Terrington has been the Chief Executive of Paragon Banking Group Plc since June 1995. Mr. Terrington is Chief Executive and Director of Paragon Bank PLC. Mr. Terrington joined Paragon Group of...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive & Director | 29.5yrs | UK£3.26m | 0.69% £ 10.2m | |
CFO & Director | 10.6yrs | UK£2.06m | 0.31% £ 4.7m | |
Chief Operating Officer | 2.9yrs | no data | no data | |
General Counsel | 5.2yrs | no data | no data | |
Head of Media Relations | no data | no data | no data | |
Chief People Officer | 15.9yrs | no data | no data | |
Managing Director of Commercial Lending | 10.9yrs | no data | no data | |
Managing Director of Strategic Development | no data | no data | no data | |
Head of New Business-Asset Finance | 5.8yrs | no data | no data | |
Head of Credit- Asset Finance | 5.8yrs | no data | no data | |
Managing Director of Small & Medium-sized Enterprise Lending | 5.1yrs | no data | no data | |
Chief Risk Officer | 5.9yrs | no data | no data |
5.9yrs
Average Tenure
59yo
Average Age
Experienced Management: PAGL's management team is seasoned and experienced (5.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive & Director | no data | UK£3.26m | 0.69% £ 10.2m | |
CFO & Director | 12.8yrs | UK£2.06m | 0.31% £ 4.7m | |
Independent Non-Executive Director | 4.2yrs | UK£100.00k | 0.0014% £ 21.4k | |
Non-Executive Director | 10.1yrs | UK£117.00k | 0.027% £ 403.0k | |
Independent Non-Executive Director | 2.3yrs | UK£80.00k | 0.0021% £ 30.6k | |
Independent Non-Executive Director | 1.5yrs | UK£27.00k | 0.0032% £ 48.1k | |
Independent Non-Executive Chairman | 2.3yrs | UK£257.00k | 0.0050% £ 73.5k | |
Independent Non-Executive Director | 7.3yrs | UK£80.00k | 0.0022% £ 32.1k | |
Independent Non-Executive Director | 7.3yrs | UK£80.00k | 0.0043% £ 63.6k | |
Senior Independent Director | 4.8yrs | UK£103.00k | 0.0021% £ 30.6k |
4.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: PAGL's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/23 16:12 |
End of Day Share Price | 2024/12/20 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 |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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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
Paragon Banking Group PLC is covered by 29 analysts. 10 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 |
---|---|
Peter Lenardos | Arden Partners Plc. |
Toni Dang | Barclays |
Prasaanna Jeyanandhan | Berenberg |