Associated British Foods plc

LSE:ABF Stock Report

Market Cap: UK£15.1b

Associated British Foods Management

Management criteria checks 2/4

Associated British Foods' CEO is George Weston, appointed in Apr 2005, has a tenure of 19.67 years. total yearly compensation is £6.05M, comprised of 19.6% salary and 80.4% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth £80.99M. The average tenure of the management team and the board of directors is 15.1 years and 5 years respectively.

Key information

George Weston

Chief executive officer

UK£6.1m

Total compensation

CEO salary percentage19.6%
CEO tenure19.7yrs
CEO ownership0.5%
Management average tenure15.1yrs
Board average tenure5yrs

Recent management updates

Recent updates

Associated British Foods plc's (LON:ABF) Low P/E No Reason For Excitement

Dec 06
Associated British Foods plc's (LON:ABF) Low P/E No Reason For Excitement

Associated British Foods (LON:ABF) Has A Pretty Healthy Balance Sheet

Nov 21
Associated British Foods (LON:ABF) Has A Pretty Healthy Balance Sheet

Associated British Foods (LON:ABF) Is Paying Out A Larger Dividend Than Last Year

Nov 08
Associated British Foods (LON:ABF) Is Paying Out A Larger Dividend Than Last Year

Is It Too Late To Consider Buying Associated British Foods plc (LON:ABF)?

Nov 01
Is It Too Late To Consider Buying Associated British Foods plc (LON:ABF)?

Calculating The Intrinsic Value Of Associated British Foods plc (LON:ABF)

Oct 10
Calculating The Intrinsic Value Of Associated British Foods plc (LON:ABF)

Returns On Capital At Associated British Foods (LON:ABF) Have Stalled

Aug 27
Returns On Capital At Associated British Foods (LON:ABF) Have Stalled

Risks To Shareholder Returns Are Elevated At These Prices For Associated British Foods plc (LON:ABF)

Aug 12
Risks To Shareholder Returns Are Elevated At These Prices For Associated British Foods plc (LON:ABF)

Here's Why We Think Associated British Foods (LON:ABF) Might Deserve Your Attention Today

Jul 27
Here's Why We Think Associated British Foods (LON:ABF) Might Deserve Your Attention Today

Is Now An Opportune Moment To Examine Associated British Foods plc (LON:ABF)?

Jul 12
Is Now An Opportune Moment To Examine Associated British Foods plc (LON:ABF)?

These 4 Measures Indicate That Associated British Foods (LON:ABF) Is Using Debt Safely

May 27
These 4 Measures Indicate That Associated British Foods (LON:ABF) Is Using Debt Safely

Associated British Foods plc's (LON:ABF) Shareholders Might Be Looking For Exit

May 12
Associated British Foods plc's (LON:ABF) Shareholders Might Be Looking For Exit

The Associated British Foods plc (LON:ABF) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

Apr 26
The Associated British Foods plc (LON:ABF) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

Associated British Foods (LON:ABF) Will Be Hoping To Turn Its Returns On Capital Around

Apr 17
Associated British Foods (LON:ABF) Will Be Hoping To Turn Its Returns On Capital Around

Does Associated British Foods (LON:ABF) Deserve A Spot On Your Watchlist?

Apr 02
Does Associated British Foods (LON:ABF) Deserve A Spot On Your Watchlist?

Associated British Foods plc (LON:ABF) Shares Could Be 49% Below Their Intrinsic Value Estimate

Mar 01
Associated British Foods plc (LON:ABF) Shares Could Be 49% Below Their Intrinsic Value Estimate

Is Now The Time To Look At Buying Associated British Foods plc (LON:ABF)?

Feb 01
Is Now The Time To Look At Buying Associated British Foods plc (LON:ABF)?

Investors Aren't Entirely Convinced By Associated British Foods plc's (LON:ABF) Earnings

Jan 19
Investors Aren't Entirely Convinced By Associated British Foods plc's (LON:ABF) Earnings

Associated British Foods' (LON:ABF) Returns On Capital Not Reflecting Well On The Business

Jan 06
Associated British Foods' (LON:ABF) Returns On Capital Not Reflecting Well On The Business

Here's Why We Think Associated British Foods (LON:ABF) Is Well Worth Watching

Dec 22
Here's Why We Think Associated British Foods (LON:ABF) Is Well Worth Watching

CEO Compensation Analysis

How has George Weston's remuneration changed compared to Associated British Foods's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 14 2024UK£6mUK£1m

UK£1b

Jun 14 2024n/an/a

UK£1b

Mar 02 2024n/an/a

UK£1b

Dec 02 2023n/an/a

UK£1b

Sep 16 2023UK£4mUK£1m

UK£1b

Jun 16 2023n/an/a

UK£898m

Mar 04 2023n/an/a

UK£751m

Dec 04 2022n/an/a

UK£726m

Sep 17 2022UK£2mUK£1m

UK£700m

Jun 17 2022n/an/a

UK£746m

Mar 16 2022n/an/a

UK£792m

Dec 16 2021n/an/a

UK£635m

Sep 18 2021UK£3mUK£1m

UK£478m

Jun 18 2021n/an/a

UK£439m

Feb 27 2021n/an/a

UK£400m

Nov 27 2020n/an/a

UK£428m

Sep 12 2020UK£1mUK£813k

UK£455m

Jun 12 2020n/an/a

UK£581m

Feb 29 2020n/an/a

UK£706m

Nov 30 2019n/an/a

UK£792m

Sep 14 2019UK£4mUK£1m

UK£878m

Jun 14 2019n/an/a

UK£897m

Mar 02 2019n/an/a

UK£915m

Dec 02 2018n/an/a

UK£961m

Sep 15 2018UK£4mUK£1m

UK£1b

Compensation vs Market: George's total compensation ($USD7.61M) is above average for companies of similar size in the UK market ($USD5.77M).

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

CEO

George Weston (60 yo)

19.7yrs

Tenure

UK£6,053,000

Compensation

Mr. George Garfield Weston has been the Chief Executive Officer of Associated British Foods plc since April 1, 2005. Mr. Weston has been the Chief Executive officer of Weston Foods Ltd., a holding Company...

Leadership Team

NamePositionTenureCompensationOwnership
George Weston
CEO & Executive Director19.7yrsUK£6.05m0.54%
£ 81.0m
Eoin Tonge
Finance Director & Director1.7yrsUK£3.94m0.012%
£ 1.8m
Sue Whalley
Chief People & Performance Officerno datano datano data
Paul Lister
Company Secretaryno datano datano data
Paul Marchant
Chief Executive Officer of Primark/Penneys15.1yrsno datano data
Lynne Walker
Director of Primark Caresno datano datano data
Katharine Stewart
Ethical Trade & Environmental Sustainability Directorno datano datano data

15.1yrs

Average Tenure

60yo

Average Age

Experienced Management: ABF's management team is seasoned and experienced (15.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
George Weston
CEO & Executive Director25.7yrsUK£6.05m0.54%
£ 81.0m
Eoin Tonge
Finance Director & Director1.8yrsUK£3.94m0.012%
£ 1.8m
Michael George McLintock
Independent Chairman7.1yrsUK£453.00k0.0033%
£ 492.7k
Graham Allan
Independent Non-Executive Director6.3yrsUK£107.00k0.0014%
£ 204.9k
Heather Rabbatts
Senior Independent Non-Executive Director3.8yrsUK£105.00k0.000050%
£ 7.5k
Richard Reid
Independent Non-Executive Director8.7yrsUK£151.00k0.00046%
£ 69.3k
Kumsal Besson
Independent Non-Executive Directorless than a yearUK£65.00k0.00040%
£ 60.3k
Loraine Woodhouse
Independent Non-Executive Directorless than a yearno datano data
Emma Adamo
Non-Executive Director13yrsUK£81.00k0.070%
£ 10.5m
Annie Murphy
Independent Non-Executive Director1.3yrsUK£78.00k0.00025%
£ 37.7k

5.0yrs

Average Tenure

60.5yo

Average Age

Experienced Board: ABF's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:32
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/14
Annual Earnings2024/09/14

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Associated British Foods plc is covered by 44 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rebecca McClellanBanco Santander
Alexandra OldroydBarclays
Nicolas CeronBarclays