Hammerson Management

Management criteria checks 2/4

Hammerson's CEO is Rita-Rose Gagne, appointed in Nov 2020, has a tenure of 3.42 years. total yearly compensation is £4.06M, comprised of 17.4% salary and 82.6% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth £87.79K. The average tenure of the management team and the board of directors is 3.4 years and 3.5 years respectively.

Key information

Rita-Rose Gagne

Chief executive officer

UK£4.1m

Total compensation

CEO salary percentage	17.4%
CEO tenure	3.4yrs
CEO ownership	0.007%
Management average tenure	3.4yrs
Board average tenure	3.5yrs

Recent management updates

Recent updates

Growth Investors: Industry Analysts Just Upgraded Their Hammerson plc (LON:HMSO) Revenue Forecasts By 24%

Aug 12

Here's What Hammerson plc's (LON:HMSO) Shareholder Ownership Structure Looks Like

Mar 16

If You Had Bought Hammerson's (LON:HMSO) Shares Five Years Ago You Would Be Down 99%

Jan 28

What Is The Ownership Structure Like For Hammerson plc (LON:HMSO)?

Dec 06

CEO Compensation Analysis

How has Rita-Rose Gagne's remuneration changed compared to Hammerson's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£4m	UK£706k	-UK£51m
Sep 30 2023	n/a	n/a	-UK£134m
Jun 30 2023	n/a	n/a	-UK£216m
Mar 31 2023	n/a	n/a	-UK£190m
Dec 31 2022	UK£2m	UK£682k	-UK£164m
Sep 30 2022	n/a	n/a	-UK£84m
Jun 30 2022	n/a	n/a	-UK£4m
Mar 31 2022	n/a	n/a	-UK£207m
Dec 31 2021	UK£2m	UK£672k	-UK£409m
Sep 30 2021	n/a	n/a	-UK£682m
Jun 30 2021	n/a	n/a	-UK£955m
Mar 31 2021	n/a	n/a	-UK£1b
Dec 31 2020	UK£708k	UK£112k	-UK£2b

Compensation vs Market: Rita-Rose's total compensation ($USD5.09M) is above average for companies of similar size in the UK market ($USD2.33M).

Compensation vs Earnings: Rita-Rose's compensation has increased whilst the company is unprofitable.

CEO

Rita-Rose Gagne (61 yo)

3.4yrs

Tenure

UK£4,064,000

Compensation

Ms. Rita-Rose Gagne serves as Chief Executive Officer of Hammerson Plc since November 02, 2020 and has been its Director since November 02, 2020. She served as President of Growth Markets at Ivanhoé Cambri...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rita-Rose Gagne	CEO & Executive Director	3.4yrs	UK£4.06m	0.0066% £ 87.8k
Himanshu Raja	CFO & Executive Director	3yrs	UK£1.10m	0.0057% £ 75.8k
Gregoire Peureux	Chief Operating Officer	3.4yrs	no data	no data
Simon Travis	Group Investment Director & MD of Premium Outlets	6.3yrs	no data	no data
Josh Warren	Director of Strategy & Investor Relations	no data	no data	no data
Robert George Dunn	General Counsel & Company Secretary	1.9yrs	no data	no data
Jessica Oppenheimer	Chief People Officer	2.3yrs	no data	no data
Richard Shaw	Deputy Chief Financial Officer	1.3yrs	no data	no data
Louise Ellison	Group Head of Sustainability	10.6yrs	no data	no data
Fiona Campbell-Roberts	Uk Head of Marketing	11.3yrs	no data	no data
John Grimes	Head of Development Leasing	7.7yrs	no data	no data
Maxime Depreux	Chief Operating Officer - Premium Outlets	6.9yrs	no data	no data

3.4yrs

Average Tenure

57yo

Average Age

Experienced Management: HMSO's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rita-Rose Gagne	CEO & Executive Director	3.4yrs	UK£4.06m	0.0066% £ 87.8k
Himanshu Raja	CFO & Executive Director	3yrs	UK£1.10m	0.0057% £ 75.8k
Adam Metz	Independent Non-Executive Director	4.8yrs	UK£159.00k	0.023% £ 307.3k
Michael Butterworth	Senior Independent Director	3.3yrs	UK£88.00k	0.0042% £ 56.4k
Robert Noel	Independent Non-Executive Chairman	3.6yrs	UK£303.00k	0.025% £ 330.7k
Mahkameh Brunel	Independent Non-Executive Director	4.3yrs	UK£69.00k	0.0013% £ 17.4k
Carol Welch	Independent Non-Executive Director	5.1yrs	UK£76.00k	0.0010% £ 14.0k
Habib Annous	Independent Non-Executive Director	2.9yrs	UK£82.00k	0.017% £ 229.7k

3.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: HMSO's board of directors are considered experienced (3.5 years average tenure).

Hammerson Management

Management criteria checks 2/4

Key information

Recent management updates

Hammerson Plc, Annual General Meeting, Apr 25, 2024

Hammerson Plc Elects Nick Hughes and Craig Tate as Director

High number of new directors

Hammerson plc Appoints Habib Annous as Member of the Investment and Disposal Committee

Hammerson plc Announces Board Resignations

High number of new and inexperienced directors

Recent updates

Hammerson Plc, Annual General Meeting, Apr 25, 2024

Hammerson Plc (LSE:HMSO) commences an Equity Buyback Plan for 499,457,436 shares, representing 10% of its issued share capital, under the authorization approved on May 4, 2023.

Third quarter 2023 earnings released: UK£0.005 loss per share (vs UK£0.02 loss in 3Q 2022)

Hammerson plc Proposes Final Dividend for Period Ending December 31, 2023, Payable on May 10, 2024

Hammerson Plc to Report Fiscal Year 2023 Results on Feb 29, 2024

Sofidy SA and Klépierre (ENXTPA:LI) signed an agreement to acquire O'Parinor Shopping Centre from Hammerson Plc (LSE:HMSO) and National Pension Service.

Hammerson Reportedly Is in Detailed Talks to Sell Its 40% Stake in Value Retail

New minor risk - Dividend sustainability

First half 2023 earnings released: EPS: UK£0 (vs UK£0.01 in 1H 2022)

Consensus EPS estimates upgraded to UK£0.02 loss

Hammerson Plc to Report First Half, 2023 Results on Jul 27, 2023

Hammerson Plc Elects Nick Hughes and Craig Tate as Director

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Hammerson plc to Report Fiscal Year 2022 Results on Mar 09, 2023

Consensus forecasts updated

Consensus forecasts updated

High number of new directors

Hammerson plc Appoints Habib Annous as Member of the Investment and Disposal Committee

Hammerson plc Announces Board Resignations

Price target decreased to UK£0.22

Consensus estimates of losses per share improve by 13%

Consensus forecasts updated

Now 31% undervalued after recent price drop

Growth Investors: Industry Analysts Just Upgraded Their Hammerson plc (LON:HMSO) Revenue Forecasts By 24%

Consensus forecasts updated

First half 2022 earnings released

The Hammerson plc (LON:HMSO) Analysts Have Been Trimming Their Sales Forecasts

Hammerson plc Declares Interim Dividend for the Period Ended 31 December 2022, Payable on 3 November 2022

Consensus forecasts updated

Hammerson plc to Report First Half, 2022 Results on Jul 28, 2022

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

High number of new and inexperienced directors

Consensus forecasts updated

Hammerson plc Appoints Adam Metz as Non-Executive Director

Independent Non-Executive Director recently bought UK£76k worth of stock

Forecast breakeven date moved forward to 2022

Hammerson plc, Annual General Meeting, Apr 28, 2022

Full year 2021 earnings: Revenues miss analyst expectations

Hammerson plc Announces Board Changes

Redical Holdings AG agreed to acquire Victoria Gate and Victoria Quarter Shopping Centres from Hammerson plc (LSE:HMSO) for £120 million.

Hammerson plc in Discussions with Entities Related to Redical Holdings

Price target increased to UK£0.33

Consensus forecasts updated

Forecast to breakeven in 2023

Hammerson plc to Report Fiscal Year 2021 Results on Mar 04, 2022

Henderson Park Capital Management and Eurofund Group completed the acquisition of Retail Property Holdings Limited from Hammerson plc (LSE:HMSO) and Canada Pension Plan Investment Board.

Consensus forecasts updated

Independent Non-Executive Director recently bought UK£53k worth of stock

Henderson Park Capital Management and Eurofund Group agreed to acquire Retail Property Holdings Limited from Hammerson plc (LSE:HMSO) and Canada Pension Plan Investment Board for £140 million.

Consensus forecasts updated

Hammerson in Talks to Sell Silverburn Shopping Center

Independent Non-Executive Director recently bought UK£72k worth of stock

Price target increased to UK£0.29

Non-Executive Independent Director has left the company

CFO & Director has left the company

Hammerson plc (LON:HMSO) Analysts Just Slashed This Year's Estimates

Consensus revenue estimates fall to UK£183.3m

Full year 2020 earnings released: UK£0.77 loss per share (vs UK£3.76 loss in FY 2019)

Price target increased to UK£0.28

Analysts Have Just Cut Their Hammerson plc (LON:HMSO) Revenue Estimates By 17%

Price target increased to UK£0.28

Consensus forecasts updated

Here's What Hammerson plc's (LON:HMSO) Shareholder Ownership Structure Looks Like

Revenue and earnings miss expectations

An unknown buyer acquired an unknown minority stake Brent South shopping in UK from Hammerson plc (LSE:HMSO) for £73 million.

Full year 2020 earnings released: UK£0.77 loss per share (vs UK£3.76 loss in FY 2019)

Hammerson plc Announces Changes to Its Board