Derwent London Management

Management criteria checks 4/4

Derwent London's CEO is Paul Williams, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is £1.13M, comprised of 60% salary and 40% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth £2.01M. The average tenure of the management team and the board of directors is 5 years and 5.8 years respectively.

Key information

Paul Williams

Chief executive officer

UK£1.1m

Total compensation

CEO salary percentage	60.0%
CEO tenure	5.5yrs
CEO ownership	0.09%
Management average tenure	5yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

Have Insiders Been Selling Derwent London Plc (LON:DLN) Shares?

Mar 07

Derwent London's (LON:DLN) Stock Price Has Reduced 22% In The Past Year

Jan 13

The Founder & Non-Executive Chairman of Derwent London Plc (LON:DLN), John Burns, Just Sold 37% Of Their Holding

Nov 21

CEO Compensation Analysis

How has Paul Williams's remuneration changed compared to Derwent London's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-UK£361m
Mar 31 2024	n/a	n/a	-UK£419m
Dec 31 2023	UK£1m	UK£680k	-UK£476m
Sep 30 2023	n/a	n/a	-UK£518m
Jun 30 2023	n/a	n/a	-UK£559m
Mar 31 2023	n/a	n/a	-UK£420m
Dec 31 2022	UK£1m	UK£630k	-UK£280m
Sep 30 2022	n/a	n/a	-UK£7m
Jun 30 2022	n/a	n/a	UK£267m
Mar 31 2022	n/a	n/a	UK£260m
Dec 31 2021	UK£1m	UK£612k	UK£252m
Sep 30 2021	n/a	n/a	UK£152m
Jun 30 2021	n/a	n/a	UK£52m
Mar 31 2021	n/a	n/a	-UK£13m
Dec 31 2020	UK£2m	UK£600k	-UK£78m
Sep 30 2020	n/a	n/a	UK£32m
Jun 30 2020	n/a	n/a	UK£142m
Mar 31 2020	n/a	n/a	UK£213m
Dec 31 2019	UK£2m	UK£543k	UK£283m
Sep 30 2019	n/a	n/a	UK£252m
Jun 30 2019	n/a	n/a	UK£220m
Mar 31 2019	n/a	n/a	UK£221m
Dec 31 2018	UK£1m	UK£429k	UK£222m
Sep 30 2018	n/a	n/a	UK£262m
Jun 30 2018	n/a	n/a	UK£302m
Mar 31 2018	n/a	n/a	UK£308m
Dec 31 2017	UK£1m	UK£417k	UK£314m

Compensation vs Market: Paul's total compensation ($USD1.42M) is below average for companies of similar size in the UK market ($USD2.69M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul Williams (64 yo)

5.5yrs

Tenure

UK£1,133,000

Compensation

Mr. Paul Malcolm Williams has been the Chief Executive Officer of Derwent London Plc since May 17, 2019 and has been its Executive Director since 1998. Mr. Williams served as a Property Director of Derwent...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Williams	CEO & Director	5.5yrs	UK£1.13m	0.085% £ 2.0m
Damian Mark Wisniewski	CFO & Executive Director	14.8yrs	UK£879.00k	0.062% £ 1.5m
Nigel George	Executive Director	no data	UK£882.00k	0.089% £ 2.1m
Emily Prideaux	Executive Director	3.7yrs	UK£824.00k	0.0054% £ 128.4k
Matt Cook	Head of Digital Innovation & Technology	4.8yrs	no data	no data
Robert Duncan	Head of Investor Relations & Strategic Planning	3.2yrs	no data	no data
Lesley Bufton	Head of Marketing	1.6yrs	no data	no data
Katy Levine	Head of Human Resources	no data	no data	no data
John Davies	Head of Sustainability	11.8yrs	no data	no data
Jennifer Whybrow	Head of Financial Planning & Analysis	7.7yrs	no data	no data
Victoria Steventon	Head of Property Management	4.9yrs	no data	no data
Vasiliki Arvaniti	Head of Asset Management	5.2yrs	no data	no data

5.0yrs

Average Tenure

62yo

Average Age

Experienced Management: DLN's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Williams	CEO & Director	26.8yrs	UK£1.13m	0.085% £ 2.0m
Damian Mark Wisniewski	CFO & Executive Director	14.8yrs	UK£879.00k	0.062% £ 1.5m
Nigel George	Executive Director	26.8yrs	UK£882.00k	0.089% £ 2.1m
Emily Prideaux	Executive Director	3.7yrs	UK£824.00k	0.0054% £ 128.4k
Mark Breuer	Independent Chairman	3.8yrs	UK£250.00k	0.0062% £ 147.6k
Priscilla Snowball	Independent Non-Executive Director	9.2yrs	UK£80.00k	no data
Lucinda Bell	Independent Non-Executive Director	5.8yrs	UK£83.00k	0.00089% £ 21.1k
Helen Gordon	Senior Independent Director	6.8yrs	UK£86.00k	0.00088% £ 20.9k
Robert William Wilkinson	Independent Non-Executive Director	less than a year	no data	0.0013% £ 31.7k
Madeleine McDougall	Independent Non-Executive Director	no data	no data	no data
Sanjeev Sharma	Independent Non-Executive Director	3.1yrs	UK£73.00k	0.0011% £ 26.5k

5.8yrs

Average Tenure

61yo

Average Age

Experienced Board: DLN's board of directors are considered experienced (5.8 years average tenure).

Derwent London Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Derwent London plc Appoints Madeleine McDougall as Independent Non-Executive Director, Effective November 1, 2024

Derwent London plc Appoints Rob Wilkinson as Non-Executive Director, Member of the Nominations and Audit Committees, Effect from 1 June 2024

Insufficient new directors

Derwent London plc Appoints Philippa Davies to Executive Committee

CEO & Director exercised options and sold UK£76k worth of stock

Recent updates

Insufficient new directors

Derwent London plc Appoints Madeleine McDougall as Independent Non-Executive Director, Effective November 1, 2024

Now 22% overvalued after recent price rise

First half dividend increased to UK£0.25

First half 2024 earnings released: UK£0.24 loss per share (vs UK£1.28 loss in 1H 2023)

Derwent London plc Appoints Rob Wilkinson as Non-Executive Director, Member of the Nominations and Audit Committees, Effect from 1 June 2024

Upcoming dividend of UK£0.55 per share

Full year 2023 earnings: EPS exceeds analyst expectations

Insufficient new directors

Final dividend increased to UK£0.55

Derwent London Plc Announces Final Dividend, Payable on 31 May 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 15%

Derwent London Plc to Report Q1, 2024 Results on May 09, 2024

Consensus EPS estimates fall by 12%

Derwent London Plc to Report Fiscal Year 2023 Results on Feb 28, 2024

Derwent London Plc to Report First Half, 2023 Results on Aug 08, 2024

Consensus EPS estimates fall by 21%

Consensus EPS estimates fall by 86%

Derwent London Plc(LSE:DLN) dropped from FTSE All-World Index (USD)

Consensus estimates of losses per share improve by 45%

Upcoming dividend of UK£0.24 per share at 4.3% yield

Consensus EPS estimates fall by 19%

First half 2023 earnings released: UK£1.28 loss per share (vs UK£1.21 profit in 1H 2022)

Consensus EPS estimates fall by 10%

Now 22% undervalued after recent price drop

Consensus EPS estimates fall by 35%

Derwent London Plc to Report Q1, 2023 Results on May 04, 2023

Upcoming dividend of UK£0.55 per share at 3.3% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates upgraded to UK£1.00 loss

Consensus EPS estimates fall by 81%

Full year 2022 earnings released: UK£2.50 loss per share (vs UK£2.25 profit in FY 2021)

Consensus forecasts updated

An unknown family office advised by Morgan Capital and BNF Capital Limited acquired 63,170 sq ft freehold interest in 19 Charterhouse Street EC1 from Derwent London Plc (LSE:DLN) for £54 million.

An unknown family office advised by Morgan Capital and BNF Capital Limited acquired 63,170 sq ft freehold interest in 19 Charterhouse Street EC1 from Derwent London Plc (LSE:DLN) for £54 million.

Consensus forecasts updated

Consensus forecasts updated

Derwent London Plc to Report First Half, 2023 Results on Aug 10, 2023

Consensus forecasts updated

Consensus forecasts updated

Consensus forecasts updated

Price target decreased to UK£28.67

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Upcoming dividend of UK£0.24 per share

First half 2022 earnings released

Derwent London Plc Proposes Interim Dividend, Payable on October 14, 2022

Consensus forecasts updated

Derwent London plc Appoints Philippa Davies to Executive Committee

An unknown buyer acquired Bush House, South West Wing WC2 from Derwent London Plc (LSE:DLN) for £85 million.

Now 20% undervalued after recent price drop

Derwent London Plc (LSE:DLN) exchanged a conditional contract to acquire the freehold of City Road Island EC1 from Institute of Ophthalmology, University College London and Moorfields Eye Hospital NHS Foundation Trust for £239 million.

Upcoming dividend of UK£0.54 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

CEO & Director exercised options and sold UK£76k worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Derwent London Plc Proposes Final Dividend, Payable on 1 June 2022

Consensus forecasts updated

Un unknown buyer acquired New River Yard EC1 in London from Derwent London Plc (LSE:DLN) for £67.5 million.

Un unknown buyer acquired New River Yard EC1 in London from Derwent London Plc (LSE:DLN) for £67.5 million.

Consensus forecasts updated

Upcoming dividend of UK£0.23 per share

First half 2021 earnings released: EPS UK£1.07 (vs UK£0.085 loss in 1H 2020)

Derwent London Plc (LSE:DLN) acquired Two west end properties in London's Knowledge Quarter from Lazari Investments Ltd.

Derwent London Plc (LSE:DLN) acquired South West Wing of Bush House for £13.5 million.

Consensus forecasts updated

Tishman Speyer Properties, L.P. agreed to acquire Angel Square, Islington EC1 from Derwent London Plc (LSE:DLN) for £86.5 million.

Founder & Non-Executive Chairman John Burns has left the company