Redcentric Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Peter Brotherton

Chief executive officer

UK£539.0k

Total compensation

CEO salary percentage	70.9%
CEO tenure	6yrs
CEO ownership	0.3%
Management average tenure	4.6yrs
Board average tenure	less than a year

Recent management updates

Recent updates

Redcentric plc's (LON:RCN) Price In Tune With Revenues

May 21

Some Confidence Is Lacking In Redcentric plc's (LON:RCN) P/E

Sep 21

Redcentric plc's (LON:RCN) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 03

An Intrinsic Calculation For Redcentric plc (LON:RCN) Suggests It's 26% Undervalued

Jan 18

Have Insiders Been Selling Redcentric plc (LON:RCN) Shares This Year?

Dec 14

CEO Compensation Analysis

How has Peter Brotherton's remuneration changed compared to Redcentric's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	UK£608k
Jun 30 2024	n/a	n/a	-UK£1m
Mar 31 2024	UK£539k	UK£382k	-UK£3m
Dec 31 2023	n/a	n/a	-UK£3m
Sep 30 2023	n/a	n/a	-UK£3m
Jun 30 2023	n/a	n/a	-UK£6m
Mar 31 2023	UK£831k	UK£368k	-UK£9m
Dec 31 2022	n/a	n/a	-UK£6m
Sep 30 2022	n/a	n/a	-UK£2m
Jun 30 2022	n/a	n/a	UK£2m
Mar 31 2022	UK£863k	UK£328k	UK£7m
Dec 31 2021	n/a	n/a	UK£8m
Sep 30 2021	n/a	n/a	UK£10m
Jun 30 2021	n/a	n/a	UK£9m
Mar 31 2021	UK£672k	UK£300k	UK£9m
Dec 31 2020	n/a	n/a	UK£6k
Sep 30 2020	n/a	n/a	-UK£9m
Jun 30 2020	n/a	n/a	-UK£10m
Mar 31 2020	UK£529k	UK£307k	-UK£11m
Dec 31 2019	n/a	n/a	-UK£6m
Sep 30 2019	n/a	n/a	-UK£890k
Jun 30 2019	n/a	n/a	-UK£1m
Mar 31 2019	UK£419k	UK£236k	-UK£2m
Dec 31 2018	n/a	n/a	-UK£981k
Sep 30 2018	n/a	n/a	UK£4k
Jun 30 2018	n/a	n/a	UK£258k
Mar 31 2018	UK£254k	UK£200k	UK£511k

Compensation vs Market: Peter's total compensation ($USD675.40K) is about average for companies of similar size in the UK market ($USD736.76K).

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

CEO

Peter Brotherton (57 yo)

6yrs

Tenure

UK£539,000

Compensation

Mr. Peter James Brotherton has been Executive Director at Redcentric plc since November 28, 2016 and has been its Chief Executive Officer since November 22, 2018 and was its Secretary since November 28, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Brotherton	CEO & Executive Director	6yrs	UK£539.00k	0.29% £ 544.1k
David Senior	CFO, Company Secretary & Director	4.6yrs	UK£300.00k	0.071% £ 136.0k
Paul Marding	Chief Technology Officer	no data	no data	no data
Nick Helman	Managing Director of Connectivity & Communications	no data	no data	no data
Kieran Brady	Group Sales & Marketing Director	2.1yrs	no data	no data
Katie Collins	Human Resources Director	4.9yrs	no data	no data
Elizabeth Wild	Company Secretary	less than a year	no data	no data

4.6yrs

Average Tenure

Experienced Management: RCN's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Brotherton	CEO & Executive Director	8yrs	UK£539.00k	0.29% £ 544.1k
David Senior	CFO, Company Secretary & Director	4.6yrs	UK£300.00k	0.071% £ 136.0k
Alan Aubrey	Senior Independent Non-Executive Director	2.3yrs	UK£50.00k	0.048% £ 91.9k
Richard McGuire	Independent Non-Executive Chairman	less than a year	no data	no data
Oliver Rupert Scott	Non Independent Non-Executive Director	less than a year	UK£8.00k	no data
Michelle Senecal de Fonseca	Independent Non-Executive Director	less than a year	UK£7.00k	no data
John Radziwill	Non-Executive Director	less than a year	no data	no data

0.9yrs

Average Tenure

58yo

Average Age

Experienced Board: RCN's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Redcentric Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

Redcentric plc Appoints John Radziwill as Non-Executive Director

Redcentric plc Announces Board Changes

CEO & Executive Director exercised options and sold UK£92k worth of stock

Redcentric plc Announces Company Secretary Changes

Redcentric plc, Annual General Meeting, Sep 18, 2024

Recent updates

First half 2025 earnings released: EPS: UK£0.024 (vs UK£0.001 loss in 1H 2024)

First half dividend of UK£0.024 announced

New major risk - Financial position

Redcentric plc Announces Intention to Pay Interim Dividend, Payable on 25 April 2025

High number of new directors

Redcentric plc Appoints John Radziwill as Non-Executive Director

Redcentric plc Announces Board Changes

CEO & Executive Director exercised options and sold UK£92k worth of stock

Full year 2024 earnings released: UK£0.022 loss per share (vs UK£0.059 loss in FY 2023)

Redcentric plc Recommends Final Dividend for 2024, Expects to Be Paid on 24 January 2025

Redcentric plc Announces Company Secretary Changes

New minor risk - Financial data availability

Redcentric Confirms Early Stages of Discussions with Wiit Regarding a Possible Offer for the Entire Issued and to be Issued Share Capital of Redcentric

Redcentric plc's (LON:RCN) Price In Tune With Revenues

Redcentric plc, Annual General Meeting, Sep 18, 2024

Upcoming dividend of UK£0.012 per share

Redcentric plc Appoints Michelle Senecal De Fonseca as Non-Executive Director, Chair of the Remuneration Committee and Member of the Audit and Nomination Committees

Less than half of directors are independent

Upcoming dividend of UK£0.024 per share at 2.9% yield

First half 2024 earnings released: UK£0.001 loss per share (vs UK£0.039 loss in 1H 2023)

Redcentric plc Declares Interim Dividend for the Six Months Ended 30 September 2023, Payable on 18 April 2024

Redcentric plc Recommends Final Dividend for the Year 2023, Payable on January 19, 2024

Redcentric plc to Report Fiscal Year 2023 Results on Aug 24, 2023

Redcentric plc Reiterates Earnings Guidance for the Fiscal Year 2023

New minor risk - Financial data availability

Consensus forecasts updated

Redcentric plc to Report First Half, 2024 Results on Nov 22, 2023

First half 2023 earnings released: EPS: UK£0.023 (vs UK£0.018 in 1H 2022)

Redcentric plc Announces an Interim Dividend, Payable on 27 January 2023

Consensus forecasts updated

High number of new and inexperienced directors

Redcentric plc Provides Earnings Guidance for the Year 2023

Some Confidence Is Lacking In Redcentric plc's (LON:RCN) P/E

High number of new and inexperienced directors

Consensus forecasts updated

Full year 2022 earnings released: EPS: UK£0.044 (vs UK£0.06 in FY 2021)

Redcentric plc Recommends Final Dividend for the Fiscal Year 2022, Payable on September 16, 2022

Redcentric plc Announces Management Changes

High number of new and inexperienced directors

CEO & Executive Director exercised options and sold UK£255k worth of stock

First half 2022 earnings released: EPS UK£0.017 (vs UK£0.014 in 1H 2021)

Redcentric plc's (LON:RCN) CEO Compensation Is Looking A Bit Stretched At The Moment

Redcentric's (LON:RCN) Earnings Are Of Questionable Quality

Upcoming dividend of UK£0.024 per share

Estimating The Fair Value Of Redcentric plc (LON:RCN)

Senior Independent Non-Executive Director has left the company

What Kind Of Investors Own Most Of Redcentric plc (LON:RCN)?

An Intrinsic Calculation For Redcentric plc (LON:RCN) Suggests It's 26% Undervalued

CEO & Executive Director exercised options and sold UK£107k worth of stock

Redcentric plc has completed a Follow-on Equity Offering in the amount of £38.5 million.

New 90-day low: UK£1.19

Have Insiders Been Selling Redcentric plc (LON:RCN) Shares This Year?

First half 2021 earnings released: EPS UK£0.014

End of Formal Sale Process and Starts Discussions with Interested Parties

New 90-day low: UK£1.23

New 90-day low: UK£1.26

Redcentric plc to Report First Half, 2021 Results on Nov 17, 2020

Price target raised to UK£1.83

Insider recently sold UK£117.4k worth of stock

New 90-day high - UK£1.55

Full year earnings released - UK£0.071 loss per share

New 90-day high - UK£1.53

Redcentric plc to Report Fiscal Year 2020 Final Results on Aug 11, 2020

New 90-day high - UK£1.32

Redcentric plc has completed a Follow-on Equity Offering in the amount of £5.775 million.

CEO Compensation Analysis

CEO

Tenure

Compensation