Drax Group plc

BATS-CHIXE:DRXL Stock Report

Market Cap: UK£2.5b

Drax Group Management

Management criteria checks 4/4

Drax Group's CEO is Will Gardiner, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is £2.86M, comprised of 23.2% salary and 76.8% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth £8.33M. The average tenure of the management team and the board of directors is 4.5 years and 5.6 years respectively.

Key information

Will Gardiner

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage23.2%
CEO tenure6.8yrs
CEO ownership0.3%
Management average tenure4.5yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Will Gardiner's remuneration changed compared to Drax Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

UK£654m

Mar 31 2024n/an/a

UK£608m

Dec 31 2023UK£3mUK£663k

UK£562m

Sep 30 2023n/an/a

UK£373m

Jun 30 2023n/an/a

UK£184m

Mar 31 2023n/an/a

UK£135m

Dec 31 2022UK£6mUK£631k

UK£85m

Sep 30 2022n/an/a

UK£148m

Jun 30 2022n/an/a

UK£211m

Mar 31 2022n/an/a

UK£133m

Dec 31 2021UK£3mUK£570k

UK£56m

Sep 30 2021n/an/a

-UK£35m

Jun 30 2021n/an/a

-UK£125m

Mar 31 2021n/an/a

-UK£160m

Dec 31 2020UK£2mUK£557k

-UK£195m

Jun 30 2020n/an/a

-UK£89m

Mar 31 2020n/an/a

-UK£49m

Dec 31 2019UK£1mUK£541k

-UK£10m

Sep 30 2019n/an/a

UK£14m

Jun 30 2019n/an/a

UK£28m

Mar 31 2019n/an/a

UK£24m

Dec 31 2018UK£2mUK£530k

UK£20m

Sep 30 2018n/an/a

-UK£33m

Jun 30 2018n/an/a

-UK£86m

Mar 31 2018n/an/a

-UK£127m

Dec 31 2017UK£790kUK£397k

-UK£168m

Compensation vs Market: Will's total compensation ($USD3.58M) is about average for companies of similar size in the UK market ($USD2.76M).

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

CEO

Will Gardiner (60 yo)

6.8yrs

Tenure

UK£2,861,000

Compensation

Mr. Dwight Daniel Willard Gardiner, known as Will, serves as a Director at Drax Power Limited. He has been Group Chief Executive Officer of Drax Group plc since January 1, 2018. Mr. Gardiner has been Execu...

Leadership Team

NamePositionTenureCompensationOwnership
Dwight Daniel Gardiner
Group CEO & Executive Director6.8yrsUK£2.86m0.34%
£ 8.3m
Andrew Skelton
CFO & Director5.8yrsUK£1.67m0.15%
£ 3.8m
Mark Strafford
Head of Investor Relationsno datano datano data
Hillary Berger
Group General Counsel3.8yrsno datano data
Karen McKeever
Chief Human Resources Officer3.8yrsno datano data
Jason Shipstone
Chief Innovation Officerno datano datano data
Paul Sheffield
Chief Commercial Officer5.3yrsno data0.013%
£ 314.6k
Tim Cole
Head of Customer Marketingno datano datano data
Miguel Veiga-Pestana
Chief Sustainability Officer1.2yrsno datano data
Laurie Fitzmaurice
President of Global BECCSless than a yearno data0.0029%
£ 70.1k
Brett Gladden
Group Company Secretary5.8yrsno datano data

4.5yrs

Average Tenure

Experienced Management: DRXL's management team is considered experienced (4.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dwight Daniel Gardiner
Group CEO & Executive Director9yrsUK£2.86m0.34%
£ 8.3m
Andrew Skelton
CFO & Director5.8yrsUK£1.67m0.15%
£ 3.8m
Robert Shuter
Independent Non-Executive Directorless than a yearno data0.021%
£ 523.7k
David Simon Nussbaum
Senior Independent Non-Executive Director7.3yrsUK£74.00kno data
Andrea Bertone
Independent Chairman of the Board1.3yrsUK£30.00kno data
John Baxter
Non-Executive Independent Director5.6yrsUK£61.00k0.0047%
£ 114.5k
Kimberly Keating
Independent Non-Executive Director3.1yrsUK£69.00kno data
Nicola Hodson
Independent Non-Executive Director6.8yrsUK£74.00kno data
Erika Peterman
Independent Non-Executive Director3.1yrsUK£68.00kno data

5.6yrs

Average Tenure

58yo

Average Age

Experienced Board: DRXL's board of directors are considered experienced (5.6 years average tenure).