Jet2 Management
Management criteria checks 3/4
Jet2's CEO is Steve Heapy, appointed in Sep 2020, has a tenure of 3.58 years. total yearly compensation is £2.39M, comprised of 32.4% salary and 67.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth £4.03M. The average tenure of the management team and the board of directors is 10 years and 4 years respectively.
Key information
Steve Heapy
Chief executive officer
UK£2.4m
Total compensation
| CEO salary percentage | 32.4% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 10yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity
Mar 21
Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price
Mar 02Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement
Feb 14Jet2 (LON:JET2) Has A Rock Solid Balance Sheet
Jan 31Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?
Jan 04With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case
Dec 11Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04
Nov 26Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist
Sep 14We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt
Jul 28Estimating The Fair Value Of Jet2 plc (LON:JET2)
Apr 21Returns On Capital At Jet2 (LON:JET2) Have Hit The Brakes
Mar 25These 4 Measures Indicate That Jet2 (LON:JET2) Is Using Debt Reasonably Well
Dec 27The Jet2 plc (LON:JET2) Half-Year Results Are Out And Analysts Have Published New Forecasts
Nov 27Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?
Aug 17Calculating The Intrinsic Value Of Jet2 plc (LON:JET2)
Feb 22Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?
Jan 26Health Check: How Prudently Does Jet2 (LON:JET2) Use Debt?
Sep 26Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates
Jul 23Some Analysts Just Cut Their Jet2 plc (LON:JET2) Estimates
Jul 09An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 47% Undervalued
May 31Have Insiders Been Selling Jet2 plc (LON:JET2) Shares?
Mar 10Are Investors Undervaluing Jet2 plc (LON:JET2) By 32%?
Feb 12
Is Jet2's (LON:JET2) 135% Share Price Increase Well Justified?
Jan 17Jet2 (LON:JET2) Has Debt But No Earnings; Should You Worry?
Nov 30Dart Group PLC's (LON:DTG) Shares Lagging The Market But So Is The Business
Jul 30Newsflash: Dart Group PLC (LON:DTG) Analysts Have Been Trimming Their Revenue Forecasts
Jul 15Could The Market Be Wrong About Dart Group PLC (LON:DTG) Given Its Attractive Financial Prospects?
Jul 13Have Dart Group PLC (LON:DTG) Insiders Been Selling Their Stock?
Jul 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | UK£431m |
| Jun 30 2023 | n/a | n/a | UK£361m |
| Mar 31 2023 | UK£2m | UK£774k | UK£291m |
| Dec 31 2022 | n/a | n/a | UK£247m |
| Sep 30 2022 | n/a | n/a | UK£204m |
| Jun 30 2022 | n/a | n/a | -UK£56m |
| Mar 31 2022 | UK£1m | UK£684k | -UK£315m |
| Dec 31 2021 | n/a | n/a | -UK£341m |
| Sep 30 2021 | n/a | n/a | -UK£366m |
| Jun 30 2021 | n/a | n/a | -UK£333m |
| Mar 31 2021 | UK£690k | UK£597k | -UK£299m |
| Dec 31 2020 | n/a | n/a | -UK£281m |
| Sep 30 2020 | n/a | n/a | -UK£262m |
| Jun 30 2020 | n/a | n/a | -UK£75m |
| Mar 31 2020 | UK£835k | UK£727k | UK£112m |
| Sep 30 2019 | n/a | n/a | UK£141m |
| Jun 30 2019 | n/a | n/a | UK£139m |
| Mar 31 2019 | UK£1m | UK£530k | UK£137m |
| Dec 31 2018 | n/a | n/a | UK£171m |
| Sep 30 2018 | n/a | n/a | UK£202m |
| Jun 30 2018 | n/a | n/a | UK£155m |
| Mar 31 2018 | UK£1m | UK£480k | UK£107m |
Compensation vs Market: Steve's total compensation ($USD3.00M) is about average for companies of similar size in the UK market ($USD2.58M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
CEO
Steve Heapy (54 yo)
3.6yrs
Tenure
UK£2,388,000
Compensation
Mr. Stephen Paul Heapy, also known as Steve, has been Chief Executive Officer at Jet2holidays Ltd. since November 30, 2009 and served as Managing Director. Mr. Heapy serves as Chief Executive Officer of Je...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.6yrs | UK£2.39m | 0.13% £ 4.0m | |
| Group CFO & Executive Director | 10.8yrs | UK£1.83m | 0.048% £ 1.5m | |
| Head of Development – IT Systems Development | no data | no data | no data | |
| Group Company Secretary | 10yrs | no data | no data |
10.0yrs
Average Tenure
Experienced Management: JET2's management team is seasoned and experienced (10 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 10.8yrs | UK£2.39m | 0.13% £ 4.0m | |
| Group CFO & Executive Director | 10.8yrs | UK£1.83m | 0.048% £ 1.5m | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 5.6yrs | UK£126.00k | 0.0014% £ 42.8k | |
| Independent Non-Executive Chairman | 4yrs | UK£94.00k | 0.0024% £ 74.0k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Board: JET2's board of directors are considered experienced (4 years average tenure).