Bakkavor Group Management
Management criteria checks 2/4
Bakkavor Group's CEO is Mike Edwards, appointed in Mar 2014, has a tenure of 10.75 years. total yearly compensation is £2.42M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth £1.59M. The average tenure of the management team and the board of directors is 3.8 years and 4.3 years respectively.
Key information
Mike Edwards
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 28.9% |
| CEO tenure | 10.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Bakkavor Group plc's (LON:BAKK) Low P/E
Dec 16
Is Bakkavor Group (LON:BAKK) A Risky Investment?
Sep 26Bakkavor Group (LON:BAKK) Is Due To Pay A Dividend Of £0.032
Sep 08Bakkavor Group's (LON:BAKK) Returns Have Hit A Wall
Aug 07Unpleasant Surprises Could Be In Store For Bakkavor Group plc's (LON:BAKK) Shares
Jul 11Bakkavor Group plc's (LON:BAKK) Intrinsic Value Is Potentially 47% Above Its Share Price
May 21Bakkavor Group (LON:BAKK) Is Increasing Its Dividend To £0.0437
Apr 25Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0437
Mar 16Results: Bakkavor Group plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 08Bakkavor Group (LON:BAKK) Is Paying Out A Larger Dividend Than Last Year
Sep 09Here's What's Concerning About Bakkavor Group's (LON:BAKK) Returns On Capital
Jul 22Bakkavor Group's (LON:BAKK) Returns On Capital Not Reflecting Well On The Business
Apr 15Bakkavor Group's (LON:BAKK) Dividend Will Be Increased To £0.0416
Mar 11Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 28%?
Oct 06Bakkavor Group (LON:BAKK) Has Announced That It Will Be Increasing Its Dividend To £0.0277
Sep 11Why Bakkavor Group plc (LON:BAKK) Could Be Worth Watching
Jul 20Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return
May 10Bakkavor Group (LON:BAKK) Has Affirmed Its Dividend Of UK£0.04
Apr 19Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Apr 05Bakkavor Group (LON:BAKK) Has Some Way To Go To Become A Multi-Bagger
Jan 13A Look At The Fair Value Of Bakkavor Group plc (LON:BAKK)
Dec 25Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Dec 07These 4 Measures Indicate That Bakkavor Group (LON:BAKK) Is Using Debt Extensively
Nov 05Bakkavor Group (LON:BAKK) Is Reinvesting At Lower Rates Of Return
Aug 21Is Bakkavor Group plc (LON:BAKK) Trading At A 36% Discount?
Jul 31At UK£1.31, Is Bakkavor Group plc (LON:BAKK) Worth Looking At Closely?
Jul 12We Think Bakkavor Group (LON:BAKK) Is Taking Some Risk With Its Debt
Jun 25Bakkavor Group (LON:BAKK) Will Be Hoping To Turn Its Returns On Capital Around
May 03Are Investors Undervaluing Bakkavor Group plc (LON:BAKK) By 30%?
Apr 18Is It Time To Consider Buying Bakkavor Group plc (LON:BAKK)?
Apr 03Is Bakkavor Group (LON:BAKK) Using Too Much Debt?
Mar 18Can Bakkavor Group plc (LON:BAKK) Performance Keep Up Given Its Mixed Bag Of Fundamentals?
Feb 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 29 2024 | n/a | n/a | UK£64m |
| Mar 29 2024 | n/a | n/a | UK£59m |
| Dec 30 2023 | n/a | n/a | UK£54m |
| Sep 30 2023 | n/a | n/a | UK£33m |
| Jul 01 2023 | n/a | n/a | UK£12m |
| Apr 01 2023 | n/a | n/a | UK£12m |
| Dec 31 2022 | UK£796k | UK£529k | UK£13m |
| Sep 30 2022 | n/a | n/a | UK£35m |
| Jun 25 2022 | n/a | n/a | UK£58m |
| Mar 25 2022 | n/a | n/a | UK£57m |
| Dec 25 2021 | UK£1m | UK£481k | UK£57m |
Compensation vs Market: Mike's total compensation ($USD3.04M) is above average for companies of similar size in the UK market ($USD1.48M).
Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.
CEO
Mike Edwards (57 yo)
10.8yrs
Tenure
UK£2,418,000
Compensation
Mr. Mike Edwards had been Chief Operating Officer of UK and serves as Member of Management Board at Bakkavor Group plc. and also serves as its Executive Director since December 27, 2020 and serves as its G...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 10.8yrs | UK£2.42m | 0.19% £ 1.6m | |
| Co-Founder & Non-Independent Non-Executive Director | 38.9yrs | UK£74.00k | 24.61% £ 208.5m | |
| CFO & Executive Director | less than a year | no data | 0.017% £ 142.9k | |
| Chief People Officer & Member of Management Board | 6.3yrs | no data | no data | |
| Interim Head of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 5.5yrs | no data | no data | |
| Head of Operational Finance - UK | no data | no data | no data | |
| Managing Director of Meals | 2yrs | no data | no data | |
| Managing Director of Bakery | 2yrs | no data | no data | |
| Chief Operating Officer of US | 1.8yrs | no data | no data |
3.8yrs
Average Tenure
Experienced Management: BAKK's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 4yrs | UK£2.42m | 0.19% £ 1.6m | |
| Co-Founder & Non-Independent Non-Executive Director | 38.9yrs | UK£74.00k | 24.61% £ 208.5m | |
| CFO & Executive Director | less than a year | no data | 0.017% £ 142.9k | |
| Non-Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman | 7.8yrs | UK£211.00k | 0.011% £ 95.2k | |
| Independent Non-Executive Director | 7.8yrs | UK£74.00k | no data | |
| Non-Independent & Non-Executive Director | 38.9yrs | UK£77.00k | 24.57% £ 208.2m | |
| Independent Non-Executive Director | 4.3yrs | UK£80.00k | no data | |
| Independent Non-Executive Director | 6.7yrs | UK£76.00k | 0.0086% £ 73.3k | |
| Senior Independent Director | 3.8yrs | UK£75.00k | no data | |
| Independent Non-Executive Director | 3.3yrs | UK£75.00k | no data |
4.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: BAKK's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:26 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/29 |
| Annual Earnings | 2023/12/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Bakkavor Group plc is covered by 14 analysts. 6 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 |
|---|---|
| Sriram Gurijala | Barclays |
| Fintan Ryan | Berenberg |
| Cedric Besnard | Citigroup Inc |