Just Group Management
Management criteria checks 2/4
Just Group's CEO is David Richardson, appointed in Sep 2019, has a tenure of 4.58 years. total yearly compensation is £2.36M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth £3.32M. The average tenure of the management team and the board of directors is 3.9 years and 2.6 years respectively.
Key information
David Richardson
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 26.7% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.9yrs |
| Board average tenure | 2.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£2m | UK£630k | UK£117m |
| Sep 30 2023 | n/a | n/a | UK£2m |
| Jun 30 2023 | n/a | n/a | UK£18m |
| Mar 31 2023 | n/a | n/a | -UK£113m |
| Dec 31 2022 | UK£3m | UK£606k | -UK£375m |
| Sep 30 2022 | n/a | n/a | -UK£282m |
| Jun 30 2022 | n/a | n/a | -UK£189m |
| Mar 31 2022 | n/a | n/a | -UK£136m |
| Dec 31 2021 | UK£2m | UK£597k | -UK£82m |
| Sep 30 2021 | n/a | n/a | -UK£115m |
| Jun 30 2021 | n/a | n/a | -UK£148m |
| Mar 31 2021 | n/a | n/a | UK£9m |
| Dec 31 2020 | UK£2m | UK£594k | UK£166m |
| Sep 30 2020 | n/a | n/a | UK£292m |
| Jun 30 2020 | n/a | n/a | UK£419m |
| Mar 31 2020 | n/a | n/a | UK£352m |
| Dec 31 2019 | UK£1m | UK£545k | UK£286m |
| Sep 30 2019 | n/a | n/a | UK£137m |
| Jun 30 2019 | n/a | n/a | -UK£12m |
| Mar 31 2019 | n/a | n/a | -UK£38m |
| Dec 31 2018 | UK£1m | UK£462k | -UK£64m |
| Sep 30 2018 | n/a | n/a | UK£40m |
| Jun 30 2018 | n/a | n/a | UK£145m |
| Mar 31 2018 | n/a | n/a | UK£150m |
| Dec 31 2017 | UK£1m | UK£451k | UK£155m |
Compensation vs Market: David's total compensation ($USD2.96M) is above average for companies of similar size in the UK market ($USD2.27M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Richardson (51 yo)
4.6yrs
Tenure
UK£2,356,000
Compensation
Mr. David Louis Richardson, FIA, CFA, serves as Group Chief Executive Officer at Just Group Plc and at Group's insurance subsidiaries, Just Retirement Limited and Partnership Life Assurance Company Limited...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 4.6yrs | UK£2.36m | 0.31% £ 3.3m | |
| Group CFO & Executive Director | less than a year | UK£422.40k | no data | |
| Interim Group Chief Operating Officer | no data | no data | no data | |
| Group Capital Management & Investment Executive | 3.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Group Communications Director | no data | no data | no data | |
| Group Marketing & Distribution Director | 8yrs | no data | no data | |
| Group Chief People Officer | 1.5yrs | no data | no data | |
| Group Chief Risk Officer | 8yrs | no data | no data | |
| Managing Director of Retail | 5.2yrs | no data | no data | |
| Managing Director of HUB Pension Solutions | no data | no data | no data | |
| Managing Director of Defined Benefit de-risking | 2yrs | no data | no data |
3.9yrs
Average Tenure
51.5yo
Average Age
Experienced Management: JUST's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 8yrs | UK£2.36m | 0.31% £ 3.3m | |
| Group CFO & Executive Director | less than a year | UK£422.40k | no data | |
| Group Non-Executive Chairman | 3.7yrs | UK£200.00k | 0.020% £ 219.9k | |
| Senior Independent Non-Executive Director | 1.3yrs | UK£76.00k | no data | |
| Independent Non-Executive Director | 3.1yrs | UK£80.00k | no data | |
| Independent Non-Executive Director | less than a year | UK£10.00k | 0.011% £ 123.4k | |
| Independent Non-Executive Director | 4.1yrs | UK£75.00k | 0.0057% £ 61.7k | |
| Independent Non-Executive Director | 2.2yrs | UK£76.00k | 0.0059% £ 64.5k |
2.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: JUST's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.