Synthomer Management

Management criteria checks 2/4

Synthomer's CEO is Michael Willome, appointed in Nov 2021, has a tenure of 2.92 years. total yearly compensation is £1.34M, comprised of 50.4% salary and 49.6% bonuses, including company stock and options. directly owns 0.067% of the company’s shares, worth £193.16K. The average tenure of the management team and the board of directors is 2.3 years and 3.3 years respectively.

Key information

Michael Willome

Chief executive officer

UK£1.3m

Total compensation

CEO salary percentage	50.4%
CEO tenure	2.9yrs
CEO ownership	0.07%
Management average tenure	2.3yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Willome's remuneration changed compared to Synthomer's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-UK£83m
Mar 31 2024	n/a	n/a	-UK£93m
Dec 31 2023	UK£1m	UK£675k	-UK£102m
Sep 30 2023	n/a	n/a	-UK£125m
Jun 30 2023	n/a	n/a	-UK£149m
Mar 31 2023	n/a	n/a	-UK£84m
Dec 31 2022	UK£987k	UK£650k	-UK£18m
Jun 30 2022	n/a	n/a	UK£80m
Mar 31 2022	n/a	n/a	UK£139m
Dec 31 2021	UK£789k	UK£108k	UK£198m

Compensation vs Market: Michael's total compensation ($USD1.74M) is above average for companies of similar size in the UK market ($USD996.62K).

Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.

CEO

Michael Willome (58 yo)

2.9yrs

Tenure

UK£1,339,534

Compensation

Mr. Michael Willome, lic. oec. HSG serves as the Chief Executive Officer at Synthomer plc since November 1, 2021 and serves as its Executive Director since 2021.He had been Group Chief Executive Officer o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Willome	CEO & Executive Director	2.9yrs	UK£1.34m	0.067% £ 193.2k
Lily Liu	CFO & Director	2.3yrs	UK£829.17k	0.030% £ 85.5k
Faisal Tabbah	Vice President of Investor Relations	1.8yrs	no data	no data
Anant Prakash	Chief Counsel & Company Secretary	1.8yrs	no data	no data
Alice L. Heezen-Dokianos	Chief Human Resources Officer	2.3yrs	no data	no data
Rob Tupker	President of Health	6.1yrs	no data	no data
Ana Laloe	President of Coatings & Construction Solutions and EMEA	2.7yrs	no data	no data
Jan Chalmovsky	President of Strategy and M&A	2.1yrs	no data	no data
Stephan Lynen	President of Adhesive Solutions	1.4yrs	no data	no data

2.3yrs

Average Tenure

53yo

Average Age

Experienced Management: SYNTL's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Willome	CEO & Executive Director	3.8yrs	UK£1.34m	0.067% £ 193.2k
Lily Liu	CFO & Director	2.3yrs	UK£829.17k	0.030% £ 85.5k
Alexander Catto	Non-Executive Director	43.8yrs	UK£44.81k	0.33% £ 939.4k
Ian Tyler	Senior Independent Director	2.3yrs	UK£71.07k	no data
Hau-Hian Lee	Non-Executive Director	22.1yrs	UK£44.81k	0.10% £ 287.3k
Peter Hill	Independent Non-Executive Director	less than a year	no data	no data
Martina Floel	Independent Non-Executive Director	1.1yrs	UK£19.94k	no data
Holly Van Deursen	Independent Non-Executive Director	6.1yrs	UK£62.94k	0.015% £ 42.1k
Uwe Halder	Director	less than a year	no data	no data
Roberto Gualdoni	Independent Non-Executive Director	3.3yrs	UK£59.81k	0.018% £ 51.6k
Caroline Johnstone	Independent Chairman	9.6yrs	UK£235.00k	0.026% £ 73.4k

3.3yrs

Average Tenure

64yo

Average Age

Experienced Board: SYNTL's board of directors are considered experienced (3.3 years average tenure).

Synthomer Management

Management criteria checks 2/4

Key information

Recent management updates

Synthomer plc Announces Board Changes

CEO & Executive Director recently bought UK£112k worth of stock

Synthomer plc, Annual General Meeting, May 09, 2024

Non-Executive Director recently bought UK£170k worth of stock

Non-Executive Director recently bought UK£774k worth of stock

Less than half of directors are independent

Recent updates

Synthomer plc Announces Board Changes

Synthomer plc to Report First Half, 2024 Results on Aug 13, 2024

CEO & Executive Director recently bought UK£112k worth of stock

Full year 2023 earnings released: UK£1.20 loss per share (vs UK£1.09 loss in FY 2022)

New major risk - Share price stability

Now 29% overvalued

Synthomer plc Provides Earnings Guidance for the Year 2023

Synthomer plc Provides Earnings Guidance for the Year 2023

New minor risk - Insider selling

Now 24% undervalued after recent price drop

Synthomer plc, Annual General Meeting, May 09, 2024

Synthomer plc to Report Fiscal Year 2023 Results on Mar 12, 2024

Non-Executive Director recently bought UK£170k worth of stock

Non-Executive Director recently bought UK£774k worth of stock

New major risk - Shareholder dilution

Synthomer plc has completed a Follow-on Equity Offering in the amount of £276.195611 million.

Synthomer plc has completed a Follow-on Equity Offering in the amount of £276.195611 million.

Synthomer plc(LSE:SYNT) dropped from FTSE 250 Index

Synthomer plc(LSE:SYNT) dropped from FTSE 350 Index (GBP)

First half 2023 earnings released: UK£0.11 loss per share (vs UK£0.18 profit in 1H 2022)

Less than half of directors are independent

New minor risk - Share price stability

Synthomer plc Appoints Martina Flöel as Non-Executive Director

Now 20% undervalued after recent price drop

Synthomer plc Announces Retirement of Brendan Connolly from the Board

Full year 2022 earnings released: UK£0.054 loss per share (vs UK£0.48 profit in FY 2021)

Synthomer plc to Report Fiscal Year 2022 Results on Mar 28, 2023

Investor sentiment improved over the past week

SURTECO North America, Inc. agreed to acquire Laminates, Films and Coated Fabrics Businesses from Synthomer plc (LSE:SYNT) for approximately $260 million.

SURTECO North America, Inc. agreed to acquire Laminates, Films and Coated Fabrics Businesses from Synthomer plc (LSE:SYNT) for approximately $260 million.

Synthomer plc to Report Fiscal Year 2022 Results on Mar 02, 2023

Synthomer plc Announces Executive Changes

High number of new directors

Kuala Lumpur Kepong Reportedly Eyes Bigger Stake in Synthomer

Investor sentiment improved over the past week

Upcoming dividend of UK£0.04 per share

Investor sentiment deteriorated over the past week

First half 2022 earnings released: EPS: UK£0.18 (vs UK£0.47 in 1H 2021)

High number of new directors

Synthomer plc Declares Interim Dividend, Payable on November 4, 2022

Synthomer plc Announces Board Changes

Synthomer plc Announces Executive Changes

Upcoming dividend of UK£0.21 per share

Synthomer plc (LSE:SYNT) completed the acquisition of Adhesive Resins business of Eastman Chemical Company (NYSE:EMN).

Non-Executive Director recently bought UK£615k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Non-Executive Director recently bought UK£135k worth of stock

Independent Non-Executive Director Just J. Jansz has left the company

Upcoming dividend of UK£0.087 per share

Independent Non-Executive Director Just J. Jansz has left the company

First half 2021 earnings released: EPS UK£0.47 (vs UK£0.031 loss in 1H 2020)

Upcoming dividend of UK£0.086 per share

Key Executive recently bought UK£148k worth of stock

Full year 2020 earnings released: EPS UK£0.007 (vs UK£0.21 in FY 2019)

Non-Executive Director recently bought UK£225k worth of stock

Full year 2020 earnings released: EPS UK£0.007 (vs UK£0.21 in FY 2019)

Revenue misses expectations

Synthomer plc, Annual General Meeting, Apr 29, 2021

Synthomer Rules Out Takeover Talks

New 90-day high: UK£4.62

Synthomer plc to Report Fiscal Year 2020 Results on Mar 04, 2021

Calum MacLean to Stand Down as Chief Executive of Synthomer plc by January 2022

New 90-day high: UK£4.52

Synthomer plc Announces Executive Changes

New 90-day high: UK£4.50

Trinseo S.A. (NYSE:TSE) completed the acquisition of PYRATEX VP Latex business of Synthomer plc (LSE:SYNT).

CEO Compensation Analysis

CEO

Tenure