Spirax-Sarco Engineering Management
Management criteria checks 4/4
Spirax-Sarco Engineering's CEO is Nick Anderson, appointed in Jan 2014, has a tenure of 9.25 years. total yearly compensation is £3.07M, comprised of 20.5% salary and 79.5% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth MX$162.71M. The average tenure of the management team and the board of directors is 2.8 years and 4.1 years respectively.
Key information
Nick Anderson
Chief executive officer
UK£3.1m
Total compensation
| CEO salary percentage | 20.5% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | UK£3m | UK£631k | UK£225m |
| Sep 30 2022 | n/a | n/a | UK£224m |
| Jun 30 2022 | n/a | n/a | UK£223m |
| Mar 31 2022 | n/a | n/a | UK£229m |
| Dec 31 2021 | UK£3m | UK£614k | UK£235m |
| Sep 30 2021 | n/a | n/a | UK£220m |
| Jun 30 2021 | n/a | n/a | UK£206m |
| Mar 31 2021 | n/a | n/a | UK£190m |
| Dec 31 2020 | UK£2m | UK£602k | UK£174m |
| Sep 30 2020 | n/a | n/a | UK£171m |
| Jun 30 2020 | n/a | n/a | UK£168m |
| Mar 31 2020 | n/a | n/a | UK£167m |
| Dec 31 2019 | UK£3m | UK£585k | UK£167m |
| Sep 30 2019 | n/a | n/a | UK£194m |
| Jun 30 2019 | n/a | n/a | UK£221m |
| Mar 31 2019 | n/a | n/a | UK£222m |
| Dec 31 2018 | UK£2m | UK£543k | UK£223m |
| Sep 30 2018 | n/a | n/a | UK£199m |
| Jun 30 2018 | n/a | n/a | UK£174m |
| Mar 31 2018 | n/a | n/a | UK£166m |
| Dec 31 2017 | UK£2m | UK£528k | UK£158m |
| Sep 30 2017 | n/a | n/a | UK£144m |
| Jun 30 2017 | n/a | n/a | UK£131m |
| Mar 31 2017 | n/a | n/a | UK£126m |
| Dec 31 2016 | UK£2m | UK£515k | UK£121m |
Compensation vs Market: Nick's total compensation ($USD3.84M) is below average for companies of similar size in the MX market ($USD5.70M).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
CEO
Nick Anderson (61 yo)
9.3yrs
Tenure
UK£3,071,121
Compensation
Mr. Nicholas J. Anderson, also known as Nick, BSc Engineering, MBA, has been Non-Executive Director at BAE Systems plc since November 1, 2020. He has been the Group Chief Executive, and Executive Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 9.3yrs | UK£3.07m | 0.089% £ 162.7m | |
| CFO & Executive Director | 2.6yrs | UK£2.14m | 0.032% £ 58.9m | |
| Group General Counsel & Company Secretary | 10.8yrs | no data | 0.0073% £ 13.2m | |
| Group Human Resources Director | 7.2yrs | no data | no data | |
| Head of Internal Audit | no data | no data | no data | |
| Managing Director of Watson-Marlow | 3.3yrs | no data | no data | |
| Group Director of Sustainability | 2.8yrs | no data | no data | |
| Managing Director of Steam Specialties | 2.3yrs | no data | no data | |
| Head of Employee Experience | no data | no data | no data | |
| Head of Inclusion | 2.3yrs | no data | no data | |
| President of Electric Thermal Solutions Business | 1.3yrs | no data | no data | |
| President & GM of Spirax Sarco Engineering(China) Ltd | no data | no data | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Management: SPX N's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 11.1yrs | UK£3.07m | 0.089% £ 162.7m | |
| CFO & Executive Director | 2.6yrs | UK£2.14m | 0.032% £ 58.9m | |
| Independent Chairman of the Board | 8.9yrs | UK£300.00k | 0.014% £ 24.7m | |
| Senior Independent Director | 2.1yrs | UK£75.00k | 0.00082% £ 1.5m | |
| Independent Non-Executive Director | 3.9yrs | UK£75.00k | 0.0067% £ 12.2m | |
| Independent Non-Executive Director | 6.6yrs | UK£75.00k | 0.0087% £ 15.8m | |
| Independent Non-Executive Director | 5.1yrs | UK£60.00k | 0.0013% £ 2.4m | |
| Independent Non-Executive Director | 4.1yrs | UK£75.00k | 0.00061% £ 1.1m | |
| Independent Non-Executive Director | 2.3yrs | UK£91.29k | 0.00035% £ 638.6k |
4.1yrs
Average Tenure
62yo
Average Age
Experienced Board: SPX N's board of directors are considered experienced (4.1 years average tenure).