Drax Group Management
Management criteria checks 3/4
Drax Group's CEO is Will Gardiner, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is £2.86M, comprised of 23.2% salary and 76.8% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth £6.38M. The average tenure of the management team and the board of directors is 3.3 years and 5.3 years respectively.
Key information
Will Gardiner
Chief executive officer
UK£2.9m
Total compensation
| CEO salary percentage | 23.2% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
What Does Drax Group plc's (LON:DRX) Share Price Indicate?
Apr 24
Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Apr 09Calculating The Intrinsic Value Of Drax Group plc (LON:DRX)
Feb 07Drax Group plc (LON:DRX) Doing What It Can To Lift Shares
Dec 24Drax Group plc (LON:DRX) Shares Could Be 23% Below Their Intrinsic Value Estimate
Oct 24Should You Investigate Drax Group plc (LON:DRX) At UK£5.20?
Sep 20Here's Why Drax Group (LON:DRX) Has A Meaningful Debt Burden
Aug 18Time To Worry? Analysts Just Downgraded Their Drax Group plc (LON:DRX) Outlook
Jul 30Estimating The Intrinsic Value Of Drax Group plc (LON:DRX)
Jul 20If EPS Growth Is Important To You, Drax Group (LON:DRX) Presents An Opportunity
Jun 28The Price Is Right For Drax Group plc (LON:DRX)
May 27Is Drax Group (LON:DRX) Using Too Much Debt?
Apr 02Should You Think About Buying Drax Group plc (LON:DRX) Now?
Jan 20Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 16At UK£6.91, Is It Time To Put Drax Group plc (LON:DRX) On Your Watch List?
Sep 19Drax Group (LON:DRX) Takes On Some Risk With Its Use Of Debt
Aug 24Analysts' Revenue Estimates For Drax Group plc (LON:DRX) Are Surging Higher
Jul 28Drax Group plc (LON:DRX) Shares Could Be 35% Above Their Intrinsic Value Estimate
Jul 15Is Drax Group plc (LON:DRX) Potentially Undervalued?
May 22Is Drax Group (LON:DRX) Using Too Much Debt?
Mar 30We Think Drax Group's (LON:DRX) Profit Is Only A Baseline For What They Can Achieve
Mar 03Drax Group (LON:DRX) Has A Somewhat Strained Balance Sheet
Dec 09Is Drax Group (LON:DRX) A Risky Investment?
Aug 27Is Now The Time To Look At Buying Drax Group plc (LON:DRX)?
May 12Here's Why Drax Group (LON:DRX) Can Manage Its Debt Responsibly
Apr 15Shareholders Of Drax Group (LON:DRX) Must Be Happy With Their 102% Total Return
Feb 19
These 4 Measures Indicate That Drax Group (LON:DRX) Is Using Debt Reasonably Well
Dec 28Drax Group plc (LON:DRX) Insiders Increased Their Holdings
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£3m | UK£663k | UK£562m |
| Sep 30 2023 | n/a | n/a | UK£373m |
| Jun 30 2023 | n/a | n/a | UK£184m |
| Mar 31 2023 | n/a | n/a | UK£135m |
| Dec 31 2022 | UK£6m | UK£631k | UK£85m |
| Sep 30 2022 | n/a | n/a | UK£148m |
| Jun 30 2022 | n/a | n/a | UK£211m |
| Mar 31 2022 | n/a | n/a | UK£133m |
| Dec 31 2021 | UK£3m | UK£570k | UK£56m |
| Sep 30 2021 | n/a | n/a | -UK£35m |
| Jun 30 2021 | n/a | n/a | -UK£125m |
| Mar 31 2021 | n/a | n/a | -UK£160m |
| Dec 31 2020 | UK£2m | UK£557k | -UK£195m |
| Jun 30 2020 | n/a | n/a | -UK£89m |
| Mar 31 2020 | n/a | n/a | -UK£49m |
| Dec 31 2019 | UK£1m | UK£541k | -UK£10m |
| Sep 30 2019 | n/a | n/a | UK£14m |
| Jun 30 2019 | n/a | n/a | UK£28m |
| Mar 31 2019 | n/a | n/a | UK£24m |
| Dec 31 2018 | UK£2m | UK£530k | UK£20m |
| Sep 30 2018 | n/a | n/a | -UK£33m |
| Jun 30 2018 | n/a | n/a | -UK£86m |
| Mar 31 2018 | n/a | n/a | -UK£127m |
| Dec 31 2017 | UK£790k | UK£397k | -UK£168m |
Compensation vs Market: Will's total compensation ($USD3.59M) is above average for companies of similar size in the UK market ($USD2.61M).
Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.
CEO
Will Gardiner (59 yo)
6.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 6.3yrs | UK£2.86m | 0.31% £ 6.4m | |
| CFO & Director | 5.3yrs | UK£1.67m | 0.14% £ 2.8m | |
| Interim Chief Operating Officer | less than a year | no data | 0.053% £ 1.1m | |
| Head of Investor Relations | no data | no data | no data | |
| Group General Counsel | 3.3yrs | no data | no data | |
| Chief Human Resources Officer | 3.3yrs | no data | no data | |
| Chief Innovation Officer | no data | no data | no data | |
| Chief Commercial Officer | 4.8yrs | no data | 0.013% £ 273.8k | |
| Head of Customer Marketing | no data | no data | no data | |
| Chief Sustainability Officer | less than a year | no data | no data | |
| President of Global BECCS | less than a year | no data | 0.0028% £ 57.1k | |
| Group Company Secretary | 5.3yrs | no data | no data |
3.3yrs
Average Tenure
Experienced Management: DRX's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 8.5yrs | UK£2.86m | 0.31% £ 6.4m | |
| CFO & Director | 5.3yrs | UK£1.67m | 0.14% £ 2.8m | |
| Senior Independent Non-Executive Director | 6.8yrs | UK£74.00k | no data | |
| Independent Chairman of the Board | less than a year | UK£30.00k | no data | |
| Non-Executive Independent Director | 5.1yrs | UK£61.00k | 0.0045% £ 93.4k | |
| Independent Non-Executive Director | 5.9yrs | UK£74.00k | no data | |
| Independent Non-Executive Director | 2.6yrs | UK£69.00k | no data | |
| Independent Non-Executive Director | 6.3yrs | UK£74.00k | no data | |
| Independent Non-Executive Director | 2.6yrs | UK£68.00k | no data |
5.3yrs
Average Tenure
57yo
Average Age
Experienced Board: DRX's board of directors are considered experienced (5.3 years average tenure).