Ultimate Products Management
Management criteria checks 2/4
Ultimate Products' CEO is Andrew Gossage, appointed in Feb 2024, has a tenure of less than a year. total yearly compensation is £492.53K, comprised of 55.7% salary and 44.3% bonuses, including company stock and options. directly owns 9.26% of the company’s shares, worth £14.13M. The average tenure of the management team and the board of directors is 1.8 years and 7.2 years respectively.
Key information
Andrew Gossage
Chief executive officer
UK£492.5k
Total compensation
| CEO salary percentage | 55.7% |
| CEO tenure | less than a year |
| CEO ownership | 9.3% |
| Management average tenure | 1.8yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Ultimate Products (LON:ULTP) Has Announced A Dividend Of £0.0245
Apr 26
Ultimate Products' (LON:ULTP) Earnings Offer More Than Meets The Eye
Apr 16An Intrinsic Calculation For Ultimate Products Plc (LON:ULTP) Suggests It's 47% Undervalued
Nov 05Does UP Global Sourcing Holdings (LON:UPGS) Have A Healthy Balance Sheet?
Apr 01Is There An Opportunity With UP Global Sourcing Holdings plc's (LON:UPGS) 35% Undervaluation?
Feb 18Is It Too Late To Consider Buying UP Global Sourcing Holdings plc (LON:UPGS)?
Dec 31UP Global Sourcing Holdings (LON:UPGS) Has Announced That It Will Be Increasing Its Dividend To £0.0482
Dec 07UP Global Sourcing Holdings (LON:UPGS) Will Pay A Larger Dividend Than Last Year At £0.0482
Nov 06Does This Valuation Of UP Global Sourcing Holdings plc (LON:UPGS) Imply Investors Are Overpaying?
Jul 09UP Global Sourcing Holdings (LON:UPGS) Has A Pretty Healthy Balance Sheet
Jun 17I Built A List Of Growing Companies And UP Global Sourcing Holdings (LON:UPGS) Made The Cut
May 10When Should You Buy UP Global Sourcing Holdings plc (LON:UPGS)?
Apr 13UP Global Sourcing Holdings' (LON:UPGS) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08UP Global Sourcing Holdings (LON:UPGS) Is Increasing Its Dividend To UK£0.033
Nov 05Are UP Global Sourcing Holdings plc (LON:UPGS) Investors Paying Above The Intrinsic Value?
Nov 04Here's Why I Think UP Global Sourcing Holdings (LON:UPGS) Might Deserve Your Attention Today
May 27Is UP Global Sourcing Holdings (LON:UPGS) A Risky Investment?
May 12At UK£1.70, Is UP Global Sourcing Holdings plc (LON:UPGS) Worth Looking At Closely?
Apr 09UP Global Sourcing Holdings plc's (LON:UPGS) Stock Is Going Strong: Is the Market Following Fundamentals?
Mar 02This Insider Has Just Sold Shares In UP Global Sourcing Holdings plc (LON:UPGS)
Feb 10Should You Buy UP Global Sourcing Holdings plc (LON:UPGS) For Its Dividend?
Jan 27We Think UP Global Sourcing Holdings (LON:UPGS) Can Stay On Top Of Its Debt
Jan 08
UP Global Sourcing Holdings plc (LON:UPGS) Looks Interesting, And It's About To Pay A Dividend
Dec 26Why UP Global Sourcing Holdings plc (LON:UPGS) Could Be Worth Watching
Dec 23Here's Why UP Global Sourcing Holdings's (LON:UPGS) Statutory Earnings Are Arguably Too Conservative
Dec 10UP Global Sourcing Holdings (LON:UPGS) Has Compensated Shareholders With A Respectable 45% Return On Their Investment
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | UK£12m |
| Oct 31 2023 | n/a | n/a | UK£13m |
| Jul 31 2023 | UK£493k | UK£274k | UK£13m |
| Apr 30 2023 | n/a | n/a | UK£12m |
| Jan 31 2023 | n/a | n/a | UK£12m |
| Oct 31 2022 | n/a | n/a | UK£12m |
| Jul 31 2022 | UK£319k | UK£269k | UK£12m |
| Apr 30 2022 | n/a | n/a | UK£11m |
| Jan 31 2022 | n/a | n/a | UK£9m |
| Oct 31 2021 | n/a | n/a | UK£8m |
| Jul 31 2021 | UK£434k | UK£274k | UK£7m |
| Apr 30 2021 | n/a | n/a | UK£7m |
| Jan 31 2021 | n/a | n/a | UK£8m |
| Oct 31 2020 | n/a | n/a | UK£7m |
| Jul 31 2020 | UK£243k | UK£239k | UK£7m |
| Apr 30 2020 | n/a | n/a | UK£7m |
| Jan 31 2020 | n/a | n/a | UK£6m |
| Oct 31 2019 | n/a | n/a | UK£6m |
| Jul 31 2019 | UK£483k | UK£259k | UK£6m |
| Apr 30 2019 | n/a | n/a | UK£6m |
| Jan 31 2019 | n/a | n/a | UK£6m |
| Oct 31 2018 | n/a | n/a | UK£5m |
| Jul 31 2018 | UK£269k | UK£257k | UK£4m |
| Apr 30 2018 | n/a | n/a | UK£4m |
| Jan 31 2018 | n/a | n/a | UK£3m |
| Oct 31 2017 | n/a | n/a | UK£4m |
| Jul 31 2017 | UK£971k | UK£257k | UK£6m |
Compensation vs Market: Andrew's total compensation ($USD614.95K) is about average for companies of similar size in the UK market ($USD775.47K).
Compensation vs Earnings: Andrew's compensation has increased by more than 20% in the past year.
CEO
Andrew Gossage (52 yo)
less than a year
Tenure
UK£492,533
Compensation
Mr. Andrew John Gossage serves as Chief Executive Officer of Ultimate Products Plc (formerly known as UP Global Sourcing Holdings plc) since February 2024 and has been its Executive Director since July 28,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | less than a year | UK£492.53k | 9.26% £ 14.1m | |
| Founder & Chief Commercial Officer | 27.3yrs | UK£627.18k | 20.97% £ 32.0m | |
| CFO, Company Secretary & Director | 1.8yrs | UK£54.49k | 0.11% £ 161.2k | |
| Group Operations & HR Director | no data | no data | 0.16% £ 240.0k |
1.8yrs
Average Tenure
47yo
Average Age
Experienced Management: ULTP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 18.8yrs | UK£492.53k | 9.26% £ 14.1m | |
| CFO, Company Secretary & Director | 2.1yrs | UK£54.49k | 0.11% £ 161.2k | |
| Independent Non-Executive Chairman | 7.2yrs | UK£88.37k | 1.15% £ 1.8m | |
| Independent Non-Executive Director | 7.2yrs | UK£53.47k | 0.58% £ 881.3k | |
| Independent Non-Executive Director | 3.7yrs | UK£46.78k | no data | |
| Senior Independent Non-Executive Director | 7.2yrs | UK£50.97k | 0.029% £ 43.9k | |
| Independent Non-Executive Director | 3.7yrs | UK£49.47k | no data |
7.2yrs
Average Tenure
52yo
Average Age
Experienced Board: ULTP's board of directors are considered experienced (7.2 years average tenure).