Vanquis Banking Group Management
Management criteria checks 1/4
Vanquis Banking Group's CEO is Ian Michael McLaughlin, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is £832.60K, comprised of 37.7% salary and 62.3% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth £12.83K. The average tenure of the management team and the board of directors is 3.5 years and 1.4 years respectively.
Key information
Ian Michael McLaughlin
Chief executive officer
UK£832.6k
Total compensation
| CEO salary percentage | 37.7% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.5yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -UK£26m |
| Mar 31 2024 | n/a | n/a | -UK£16m |
| Dec 31 2023 | UK£833k | UK£314k | -UK£6m |
Compensation vs Market: Ian Michael's total compensation ($USD1.06M) is above average for companies of similar size in the UK market ($USD359.47K).
Compensation vs Earnings: Insufficient data to compare Ian Michael's compensation with company performance.
CEO
Ian Michael McLaughlin (58 yo)
1.3yrs
Tenure
UK£832,600
Compensation
Mr. Ian Michael Brian McLaughlin serves as Chief Executive Officer & Executive Director of Vanquis Banking Group plc since August 01, 2023. He has been Chief Executive Officer & Executive Director of Vanqu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.3yrs | UK£832.60k | 0.011% £ 13.0k | |
| CFO & Executive Director | less than a year | UK£564.00k | 0.024% £ 27.5k | |
| Chief Operating Officer | no data | no data | no data | |
| Director of Corporate Finance & Development | no data | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Group Chief Information Officer | 3.5yrs | no data | no data | |
| Interim Head of Investor Relations | no data | no data | no data | |
| Group Corporate Communication Director | no data | no data | no data | |
| Chief Human Resources Officer | 5.8yrs | no data | no data | |
| Managing Director of Moneybarn | 4.7yrs | no data | no data | |
| Managing Director of Consumer Credit Division | 4.2yrs | no data | no data | |
| Chief Customer Officer | less than a year | no data | no data |
3.5yrs
Average Tenure
Experienced Management: VANQL's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.3yrs | UK£832.60k | 0.011% £ 13.0k | |
| CFO & Executive Director | less than a year | UK£564.00k | 0.024% £ 27.5k | |
| Senior Independent Non-Executive Director | 6.3yrs | UK£112.00k | no data | |
| Independent Non-Executive Director | 6.3yrs | UK£117.00k | 0.042% £ 48.8k | |
| Independent Non-Executive Chairman | 1.6yrs | UK£116.00k | 0.12% £ 137.4k | |
| Independent Non-Executive Director | 1.7yrs | UK£71.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.6yrs | UK£112.00k | 0.024% £ 28.3k | |
| Independent Non-Executive Director | less than a year | no data | no data |
1.4yrs
Average Tenure
62yo
Average Age
Experienced Board: VANQL's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.