Spectris Management

Management criteria checks 3/4

Spectris' CEO is Andrew Heath, appointed in Sep 2018, has a tenure of 5.58 years. total yearly compensation is £3.29M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth £340.65K. The average tenure of the management team and the board of directors is 4 years and 5.3 years respectively.

Key information

Andrew Heath

Chief executive officer

UK£3.3m

Total compensation

CEO salary percentage	22.3%
CEO tenure	5.6yrs
CEO ownership	0.01%
Management average tenure	4yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To £0.253

Aug 03

A Look At The Fair Value Of Spectris plc (LON:SXS)

Jun 10

Spectris (LON:SXS) Is Increasing Its Dividend To £0.513

May 06

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 05

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 26

Is Spectris plc (LON:SXS) Expensive For A Reason? A Look At Its Intrinsic Value

Jan 25

We Think Spectris (LON:SXS) Can Manage Its Debt With Ease

Nov 02

Estimating The Fair Value Of Spectris plc (LON:SXS)

Oct 15

Spectris (LON:SXS) Is Paying Out A Larger Dividend Than Last Year

Sep 04

Spectris (LON:SXS) Is Increasing Its Dividend To £0.241

Aug 18

Spectris (LON:SXS) Is Increasing Its Dividend To £0.241

Aug 04

Estimating The Fair Value Of Spectris plc (LON:SXS)

May 17

A Look At The Intrinsic Value Of Spectris plc (LON:SXS)

Feb 06

Spectris (LON:SXS) Could Be Struggling To Allocate Capital

Dec 21

Calculating The Intrinsic Value Of Spectris plc (LON:SXS)

Oct 26

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 04

Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To UK£0.23

Sep 09

Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To UK£0.23

Aug 26

Capital Allocation Trends At Spectris (LON:SXS) Aren't Ideal

Aug 24

Spectris (LON:SXS) Is Increasing Its Dividend To UK£0.23

Aug 06

Earnings Beat: Spectris plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 31

CEO & Executive Director Andrew Heath Just Bought 23% More Shares In Spectris plc (LON:SXS)

Feb 28

CEO Compensation Analysis

How has Andrew Heath's remuneration changed compared to Spectris's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£3m	UK£734k	UK£145m
Sep 30 2023	n/a	n/a	UK£142m
Jun 30 2023	n/a	n/a	UK£138m
Mar 31 2023	n/a	n/a	UK£126m
Dec 31 2022	UK£4m	UK£673k	UK£115m
Sep 30 2022	n/a	n/a	UK£152m
Jun 30 2022	n/a	n/a	UK£188m
Mar 31 2022	n/a	n/a	UK£262m
Dec 31 2021	UK£2m	UK£625k	UK£336m
Sep 30 2021	n/a	n/a	UK£281m
Jun 30 2021	n/a	n/a	UK£226m
Mar 31 2021	n/a	n/a	UK£104m
Dec 31 2020	UK£1m	UK£610k	-UK£17m
Sep 30 2020	n/a	n/a	UK£100m
Jun 30 2020	n/a	n/a	UK£216m
Mar 31 2020	n/a	n/a	UK£225m
Dec 31 2019	UK£1m	UK£610k	UK£234m
Sep 30 2019	n/a	n/a	UK£141m
Jun 30 2019	n/a	n/a	UK£48m
Mar 31 2019	n/a	n/a	UK£117m
Dec 31 2018	UK£848k	UK£203k	UK£185m

Compensation vs Market: Andrew's total compensation ($USD4.06M) is above average for companies of similar size in the UK market ($USD2.61M).

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

CEO

Andrew Heath (59 yo)

5.6yrs

Tenure

UK£3,291,000

Compensation

Mr. Andrew Heath has been a Non Executive Director of Rotork plc since April 01, 2024. Mr. Heath has been an Executive Director of Spectris plc since September 3, 2018 and has been its Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Heath	CEO & Executive Director	5.6yrs	UK£3.29m	0.011% £ 340.6k
Derek Harding	CFO & Executive Director	5yrs	UK£2.44m	0.0079% £ 253.6k
Kjersti Wiklund	Independent Non-Executive Director & Workforce Engagement Director	4.3yrs	UK£74.00k	0.0015% £ 48.3k
Judith Wettach	Head of Corporate Development	3.8yrs	no data	no data
Andrew Harvey	Group Human Resources Director	7.3yrs	no data	no data
Mark Fleiner	President of Scientific	2.3yrs	no data	no data
Ben Bryson	President of Dynamics	1.3yrs	no data	no data
Rebecca Dunn	Head of Corporate Affairs & Company Secretary	1.5yrs	no data	no data
Crister Dalen	Assistant Company Secretary	no data	no data	no data

4.0yrs

Average Tenure

59yo

Average Age

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Heath	CEO & Executive Director	5.6yrs	UK£3.29m	0.011% £ 340.6k
Derek Harding	CFO & Executive Director	5.1yrs	UK£2.44m	0.0079% £ 253.6k
Kjersti Wiklund	Independent Non-Executive Director & Workforce Engagement Director	7.3yrs	UK£74.00k	0.0015% £ 48.3k
Mark Williamson	Independent Non-Executive Chairman	6.9yrs	UK£247.00k	0.019% £ 601.7k
Amanda Gradden	Independent Non-Executive Director	less than a year	UK£13.00k	no data
Catherine Turner	Senior Independent Director	4.6yrs	UK£85.00k	0.0027% £ 85.4k
Ravi Gopinath	Independent Non-Executive Director	2.8yrs	UK£77.00k	no data
William Seeger	Independent Non-Executive Director	9.3yrs	UK£96.00k	0.0030% £ 96.4k
Ulf Quellmann	Independent Non-Executive Director	9.3yrs	UK£77.00k	0.0024% £ 78.6k
Alison Henwood	Independent Non-Executive Director	2.6yrs	UK£62.00k	0.00094% £ 30.3k

5.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SXS's board of directors are considered experienced (5.3 years average tenure).

Spectris Management

Management criteria checks 3/4

Key information

Recent management updates

Spectris plc, Annual General Meeting, May 23, 2024

Spectris plc Announces Directorate and Board Committee Membership Changes

Spectris plc Appoints Mandy Gradden as Non-Executive Director, Effective October 16, 2023

Spectris plc Appoints Mandy Gradden as Non-Executive Director, Effective 16 October 2023

Spectris plc Announces Appointment of Cathy Turner as Senior Independent Director

CEO & Executive Director recently bought UK£149k worth of stock

Recent updates

HMS Networks AB (publ) (OM:HMS) completed the acquisition of Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million.

Spectris' (LON:SXS) Earnings May Just Be The Starting Point

Spectris (LON:SXS) Is Paying Out A Larger Dividend Than Last Year

Spectris plc, Annual General Meeting, May 23, 2024

Spectris plc Announces Directorate and Board Committee Membership Changes

Spectris (LON:SXS) Will Pay A Larger Dividend Than Last Year At £0.539

Consensus EPS estimates fall by 13%

Final dividend increased to UK£0.54

Full year 2023 earnings: EPS and revenues miss analyst expectations

A Look At The Intrinsic Value Of Spectris plc (LON:SXS)

Why We're Not Concerned About Spectris plc's (LON:SXS) Share Price

Spectris plc to Report Fiscal Year 2023 Results on Feb 09, 2024

HMS Networks AB (publ) (OM:HMS) has entered into a binding agreement to acquire Red Lion Controls, Inc. from Spectris plc (LSE:SXS) for approximately $350 million.

Spectris plc Provides Earnings Guidance for the Financial Year 2023

Is There An Opportunity With Spectris plc's (LON:SXS) 25% Undervaluation?

Now 21% undervalued after recent price drop

Upcoming dividend of UK£0.25 per share at 2.3% yield

Spectris plc to Report Q1, 2024 Results on May 02, 2024

Spectris (LON:SXS) Is Increasing Its Dividend To £0.253

Spectris plc (LSE:SXS) completed the acquisition of MicroStrain, Inc.

Spectris plc Appoints Mandy Gradden as Non-Executive Director, Effective October 16, 2023

Spectris plc Appoints Mandy Gradden as Non-Executive Director, Effective 16 October 2023

Spectris (LON:SXS) Is Increasing Its Dividend To £0.253

Now 20% undervalued after recent price drop

Spectris (LON:SXS) Has Announced That It Will Be Increasing Its Dividend To £0.253

Spectris plc Updates Earnings Guidance for the Full Year of 2023

First half 2023 earnings released: EPS: UK£0.50 (vs UK£0.27 in 1H 2022)

Spectris plc (LSE:SXS) entered into a purchase agreement to acquire MicroStrain, Inc. for $37.6 million.

Spectris plc to Report Q3, 2023 Results on Oct 31, 2023

A Look At The Fair Value Of Spectris plc (LON:SXS)

Spectris plc Announces Appointment of Cathy Turner as Senior Independent Director

Upcoming dividend of UK£0.51 per share at 2.0% yield

Spectris (LON:SXS) Is Increasing Its Dividend To £0.513

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2022 earnings released: EPS: UK£1.07 (vs UK£3.05 in FY 2021)

Is Spectris plc (LON:SXS) Expensive For A Reason? A Look At Its Intrinsic Value

Consensus forecasts updated

We Think Spectris (LON:SXS) Can Manage Its Debt With Ease

Spectris plc to Report Fiscal Year 2022 Results on Feb 23, 2023

Estimating The Fair Value Of Spectris plc (LON:SXS)

Consensus forecasts updated

Upcoming dividend of UK£0.24 per share

Now 20% undervalued

Spectris (LON:SXS) Is Paying Out A Larger Dividend Than Last Year

Spectris plc (LSE:SXS) acquired Dytran Instruments Inc.

Now 20% undervalued after recent price drop

Spectris (LON:SXS) Is Increasing Its Dividend To £0.241

Spectris (LON:SXS) Is Increasing Its Dividend To £0.241

First half 2022 earnings released

Now 21% undervalued

Spectris plc Proposes Interim Dividend

Dwyer Instruments, Inc. completed the acquisition of OMEGA Engineering, Inc. from Spectris plc (LSE:SXS).

Now 22% undervalued

Estimating The Fair Value Of Spectris plc (LON:SXS)

Upcoming dividend of UK£0.49 per share

Spectris plc (LSE:SXS) agreed to acquire Dytran Instruments Inc. for $82 million.

Spectris plc (LSE:SXS) announces an Equity Buyback for £300 million worth of its shares.

Dwyer Instruments, Inc. agreed to acquire OMEGA Engineering, Inc. from Spectris plc (LSE:SXS) for approximately $530 million.

Now 20% undervalued after recent price drop

CEO & Executive Director recently bought UK£149k worth of stock

Investor sentiment deteriorated over the past week

Price target decreased to UK£35.55

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Spectris plc Proposes Final Dividend for 2021

A Look At The Intrinsic Value Of Spectris plc (LON:SXS)

Spectris (LON:SXS) Could Be Struggling To Allocate Capital

Calculating The Intrinsic Value Of Spectris plc (LON:SXS)

Spectris' (LON:SXS) Shareholders Will Receive A Bigger Dividend Than Last Year