AVEVA Group Management

Management criteria checks 2/4

AVEVA Group's CEO is Peter Herweck, appointed in May 2021, has a tenure of 1.67 years. total yearly compensation is £1.76M, comprised of 39.7% salary and 60.3% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth £438.46K. The average tenure of the management team and the board of directors is 1.9 years and 4.4 years respectively.

Key information

Peter Herweck

Chief executive officer

UK£1.8m

Total compensation

CEO salary percentage	39.7%
CEO tenure	1.7yrs
CEO ownership	0.004%
Management average tenure	1.9yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Herweck's remuneration changed compared to AVEVA Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	-UK£61m
Jun 30 2022	n/a	n/a	-UK£62m
Mar 31 2022	UK£2m	UK£697k	-UK£63m

Compensation vs Market: Peter's total compensation ($USD2.18M) is below average for companies of similar size in the UK market ($USD5.14M).

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.

CEO

Peter Herweck (55 yo)

1.7yrs

Tenure

UK£1,756,427

Compensation

Mr. Peter W. Herweck serves as Chief Executive Officer of AVEVA Group plc since May 1, 2021. He served as Executive Vice President of Industrial Automation at Schneider Electric SE since 2019 until May 202...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Herweck	CEO & Executive Director	1.7yrs	UK£1.76m	0.0045% £ 438.5k
James Kidd	Chief Strategy & Transformation Officer and Executive Director	less than a year	UK£1.32m	0.047% £ 4.6m
Brian DiBenedetto	Chief Financial Officer	less than a year	no data	no data
Caspar Herzberg	COO & Chief Revenue Officer	2yrs	no data	no data
Andrew McCloskey	CTO and Executive VP of R&D	3.3yrs	no data	0.0073% £ 711.9k
Matthew Springett	Head of Investor Relations	no data	no data	no data
Helen Lamprell	General Counsel & Company Secretary	2yrs	no data	no data
Nayef Chaaya	VP of Sales & Head of Middle East and Africa	1.1yrs	no data	no data
Caoimhe Keogan	Chief People Officer	2yrs	no data	no data
Amish Sabharwal	Executive Vice President of Engineering Business	2yrs	no data	no data
Clare Bye	Head of Global Talent & HR Services	no data	no data	no data
Rob McGreevy	Chief Product Officer	1.8yrs	no data	no data

1.9yrs

Average Tenure

52yo

Average Age

Experienced Management: AVVL's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Herweck	CEO & Executive Director	4.8yrs	UK£1.76m	0.0045% £ 438.5k
James Kidd	Chief Strategy & Transformation Officer and Executive Director	12yrs	UK£1.32m	0.047% £ 4.6m
Philip Aiken	Non-Executive Chairman	10.7yrs	UK£320.00k	0.0014% £ 133.8k
Anne Stevens	Independent Non-Executive Director	less than a year	no data	no data
J. Kennedy	Chairman Emeritus	2.4yrs	no data	4.05% £ 395.5m
Christopher Humphrey	Senior Independent Non-Executive Director	6.5yrs	UK£92.80k	0.0023% £ 228.5k
Rohinton Mobed	Independent Non-Executive Director	5.8yrs	UK£65.00k	0.0018% £ 171.9k
Pascal Marius Blum	Non-Executive Director	2.8yrs	no data	no data
Paula Dowdy	Independent Non-Executive Director	3.9yrs	UK£65.00k	no data
Hilary Maxson	Non-Executive Director	1.4yrs	no data	no data

4.4yrs

Average Tenure

59yo

Average Age

Experienced Board: AVVL's board of directors are considered experienced (4.4 years average tenure).

AVEVA Group Management

Management criteria checks 2/4

Key information

Recent management updates

AVEVA Announces Board Appointments

AVEVA Group plc Announces Resignation Ayesha Khanna, an Independent Non-Executive Director, Effective December 31, 2022

CTO and Executive VP of R&D recently sold UK£57k worth of stock

High number of new directors

Aveva Group plc Announces Resignation of Ravi Gopinath from His Executive Role as Chief Strategy Officer and Chief Cloud Officer

AVEVA Group plc Announces Executive Changes

Recent updates

AVEVA Announces Board Appointments

Schneider Electric S.E. (ENXTPA:SU) completed the acquisition of 40.86% stake in AVEVA Group plc (LSE:AVV) from from J. Patrick Kennedy and others.

AVEVA Group plc(LSE:AVV) dropped from S&P Global BMI Index

AVEVA Group plc Announces Resignation Ayesha Khanna, an Independent Non-Executive Director, Effective December 31, 2022

AVEVA Group Announces Cancellation of Listing of Its Shares Effective on 19 January 2023

AVEVA Group plc Announces an Interim Dividend, Payable on 9 December 2022

AVEVA Group plc Provides Revenue Guidance for the Fiscal Year 2023

M&G Investment Management Opposes AVEVA Group plc Business Combination Agreement with Schneider Electric S E

AVEVA Group plc to Delist from the London Stock Exchange

Aveva Group plc to Delist from the London Stock Exchange

Schneider Electric Confirms Considering Possible Offer for the Entire Issued, and to Be Issued, Share Capital of AVEVA

CTO and Executive VP of R&D recently sold UK£57k worth of stock

AVEVA Group Declares Final Dividend for the Year Ended 31 March 2022 Payable on 5 August 2022

Schuller & Company Gmbh acquired BoCad 2 software division of AVEVA plc from AVEVA Group plc (LSE:AVV).

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.24 per share

Full year 2022 earnings released: UK£0.21 loss per share (vs UK£0.11 profit in FY 2021)

High number of new directors

Now 21% undervalued after recent price drop

Aveva Group plc Announces Resignation of Ravi Gopinath from His Executive Role as Chief Strategy Officer and Chief Cloud Officer

Now 26% undervalued after recent price drop

AVEVA Group plc Provides Sales Guidance for the Year 2023

AVEVA Group plc Announces Executive Changes

High number of new directors

CTO and Executive VP of R&D recently sold UK£159k worth of stock

AVEVA Group plc Announces Management Changes

AVEVA Group plc Provides Sales Guidance for the Year 2022

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.13 per share

First half 2022 earnings released: UK£0.27 loss per share (vs UK£0.13 loss in 1H 2021)

High number of new directors

Upcoming dividend of UK£0.23 per share

CEO & Non-Executive Vice Chairman recently bought UK£479k worth of stock

Full year 2021 earnings released: EPS UK£0.11 (vs UK£0.43 in FY 2020)

AVEVA Group plc Proposes Final Dividend for the Year Ended March 31, 2021, Payable on 4 August 2021

Finance Director & Company Secretary has left the company

Schneider Electric S.E. (ENXTPA:SU) entered into an agreement to acquire Acquis Software, Termis Software and Water Loss Management Software businesses from AVEVA Group plc (LSE:AVV) for £2.6 million.

Finance Director & Company Secretary recently sold UK£152k worth of stock

David Ward to Step Down as Company Secretary & Fd of AVEVA Group plc

AVEVA Group plc, Annual General Meeting, Jul 07, 2021

Non-Executive Vice Chairman recently sold UK£271k worth of stock

Upcoming Dividend of UK£0.12 Per Share

New 90-day low: UK£31.91

Aveva Group plc Announces the Resignation of Ron Mobed as Non-Executive Director, Effective from 1 December 2020

Factory Systemès France acquired Schneider Electric GmbH from AVEVA Group plc (LSE:AVV).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age