Drax Group plc

BMV:DRX N Stock Report

Market Cap: Mex$63.3b

Drax Group Management

Management criteria checks 3/4

Drax Group's CEO is Will Gardiner, appointed in Jan 2018, has a tenure of 6.92 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 MX$215.70M. The average tenure of the management team and the board of directors is 4.6 years and 5.7 years respectively.

Key information

Will Gardiner

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage23.2%
CEO tenure6.9yrs
CEO ownership0.3%
Management average tenure4.6yrs
Board average tenure5.7yrs

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 ($USD3.62M) is above average for companies of similar size in the MX market ($USD1.20M).

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

CEO

Will Gardiner (60 yo)

6.9yrs

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 Director6.9yrsUK£2.86m0.34%
MX$ 215.7m
Andrew Skelton
CFO & Director5.9yrsUK£1.67m0.15%
MX$ 97.9m
Mark Strafford
Head of Investor Relationsno datano datano data
Hillary Berger
Group General Counsel3.9yrsno datano data
Karen McKeever
Chief Human Resources Officer3.9yrsno datano data
Jason Shipstone
Chief Innovation Officerno datano datano data
Paul Sheffield
Chief Commercial Officer5.3yrsno data0.013%
MX$ 8.1m
Tim Cole
Head of Customer Marketingno datano datano data
Miguel Veiga-Pestana
Chief Sustainability Officer1.3yrsno datano data
Laurie Fitzmaurice
President of Global BECCSless than a yearno data0.0029%
MX$ 1.8m
Brett Gladden
Group Company Secretary5.8yrsno datano data

4.6yrs

Average Tenure

Experienced Management: DRX N's management team is considered experienced (4.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Dwight Daniel Gardiner
Group CEO & Executive Director9.1yrsUK£2.86m0.34%
MX$ 215.7m
Andrew Skelton
CFO & Director5.9yrsUK£1.67m0.15%
MX$ 97.9m
Robert Shuter
Independent Non-Executive Directorless than a yearno data0.021%
MX$ 13.6m
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 Director5.7yrsUK£61.00k0.0047%
MX$ 3.0m
Kimberly Keating
Independent Non-Executive Director3.2yrsUK£69.00kno data
Nicola Hodson
Independent Non-Executive Director6.9yrsUK£74.00kno data
Erika Peterman
Independent Non-Executive Director3.2yrsUK£68.00kno data

5.7yrs

Average Tenure

58yo

Average Age

Experienced Board: DRX N's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/03 09:15
End of Day Share Price 2024/09/05 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Drax Group plc is covered by 34 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Myriam CohenAlphaValue
Mark HivesBarclays
Dominic NashBarclays