NewRiver REIT Management

Management criteria checks 2/4

NewRiver REIT's CEO is Allan Lockhart, appointed in Jan 2009, has a tenure of 15.33 years. total yearly compensation is £1.30M, comprised of 36.3% salary and 63.7% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth £392.83K. The average tenure of the management team and the board of directors is 4 years and 4.5 years respectively.

Key information

Allan Lockhart

Chief executive officer

UK£1.3m

Total compensation

CEO salary percentage36.3%
CEO tenure15.3yrs
CEO ownership0.2%
Management average tenure4yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Need To Know: Analysts Are Much More Bullish On NewRiver REIT plc (LON:NRR) Revenues

Jun 19
Need To Know: Analysts Are Much More Bullish On NewRiver REIT plc (LON:NRR) Revenues

NewRiver REIT plc's (LON:NRR) CEO Might Not Expect Shareholders To Be So Generous This Year

Jul 21
NewRiver REIT plc's (LON:NRR) CEO Might Not Expect Shareholders To Be So Generous This Year

Rainbows and Unicorns: NewRiver REIT plc (LON:NRR) Analysts Just Became A Lot More Optimistic

Jul 20
Rainbows and Unicorns: NewRiver REIT plc (LON:NRR) Analysts Just Became A Lot More Optimistic

Founder Allan Lockhart Just Bought 183% More Shares In NewRiver REIT plc (LON:NRR)

Mar 17
Founder Allan Lockhart Just Bought 183% More Shares In NewRiver REIT plc (LON:NRR)

Reflecting on NewRiver REIT's (LON:NRR) Share Price Returns Over The Last Five Years

Dec 30
Reflecting on NewRiver REIT's (LON:NRR) Share Price Returns Over The Last Five Years

CEO Compensation Analysis

How has Allan Lockhart's remuneration changed compared to NewRiver REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-UK£23m

Jun 30 2023n/an/a

-UK£20m

Mar 31 2023UK£1mUK£470k

-UK£17m

Dec 31 2022n/an/a

UK£5m

Sep 30 2022n/an/a

UK£28m

Jun 30 2022n/an/a

UK£17m

Mar 31 2022UK£984kUK£470k

UK£7m

Dec 31 2021n/an/a

-UK£26m

Sep 30 2021n/an/a

-UK£59m

Jun 30 2021n/an/a

-UK£91m

Mar 31 2021UK£637kUK£470k

-UK£122m

Dec 31 2020n/an/a

-UK£151m

Sep 30 2020n/an/a

-UK£179m

Jun 30 2020n/an/a

-UK£150m

Mar 31 2020UK£543kUK£470k

-UK£121m

Dec 31 2019n/an/a

-UK£91m

Sep 30 2019n/an/a

-UK£61m

Jun 30 2019n/an/a

-UK£49m

Mar 31 2019UK£912kUK£466k

-UK£37m

Dec 31 2018n/an/a

-UK£9m

Sep 30 2018n/an/a

UK£19m

Jun 30 2018n/an/a

UK£32m

Mar 31 2018UK£1mUK£425k

UK£46m

Compensation vs Market: Allan's total compensation ($USD1.62M) is above average for companies of similar size in the UK market ($USD775.47K).

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


CEO

Allan Lockhart (58 yo)

15.3yrs

Tenure

UK£1,295,657

Compensation

Mr. Allan Lockhart serves as the Chief Executive Officer of NewRiver REIT plc since May 1, 2018 and serves as its Director since November 19, 2010. Mr. Lockhart Founded NewRiver REIT plc in 2009. He served...


Leadership Team

NamePositionTenureCompensationOwnership
Allan Lockhart
Founder15.3yrsUK£1.30m0.17%
£ 392.8k
William Hobman
CFO & Director2.8yrsUK£674.92k0.11%
£ 265.5k
Edith Monfries
Chief Operating & People Officer5.6yrsno datano data
Lawrence Fisher
Head of Corporate Finance3.5yrsno datano data
Lucy Mitchell
Director of Corporate Communications5yrsno datano data
Charles Spooner
Head of Capital Marketsno datano datano data
Emma MacKenzie
Head of Asset Management & Head of ESGno datano datano data
Adam Connor
Head of FP&A4.2yrsno datano data
Annabelle Cooper
Group Financial Controller3.8yrsno datano data
Kerin Williams
Company Secretary3.6yrsno datano data

4.0yrs

Average Tenure

53yo

Average Age

Experienced Management: NRR's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Allan Lockhart
Founder13.5yrsUK£1.30m0.17%
£ 392.8k
William Hobman
CFO & Director2.8yrsUK£674.92k0.11%
£ 265.5k
Alastair Miller
Senior Independent Non-Executive Director8.3yrsUK£65.00k0.032%
£ 74.7k
Colin Rutherford
Independent Non-Executive Director5.3yrsUK£57.50kno data
Margaret Ford
Independent Non-Executive Chairman6.7yrsUK£160.00k0.034%
£ 79.6k
Charlie Parker
Independent Non-Executive Director3.7yrsUK£50.00k0.0037%
£ 8.6k
Lynn Fordham
Non-Executive Directorless than a yearno datano data
Karen Miller
Independent Non-Executive Director2yrsUK£42.05kno data

4.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: NRR's board of directors are considered experienced (4.5 years average tenure).


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