National Grid Management
Management criteria checks 2/4
National Grid's CEO is John Pettigrew, appointed in Apr 2016, has a tenure of 8.42 years. total yearly compensation is £6.35M, comprised of 17.7% salary and 82.3% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth MX$573.48M. The average tenure of the management team and the board of directors is 2 years and 3.1 years respectively.
Key information
John Pettigrew
Chief executive officer
UK£6.4m
Total compensation
| CEO salary percentage | 17.7% |
| CEO tenure | 8.4yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | UK£6m | UK£1m | UK£2b |
| Dec 31 2023 | n/a | n/a | UK£2b |
| Sep 30 2023 | n/a | n/a | UK£3b |
| Jun 30 2023 | n/a | n/a | UK£3b |
| Mar 31 2023 | UK£7m | UK£1m | UK£3b |
| Dec 31 2022 | n/a | n/a | UK£3b |
| Sep 30 2022 | n/a | n/a | UK£3b |
| Jun 30 2022 | n/a | n/a | UK£3b |
| Mar 31 2022 | UK£7m | UK£1m | UK£2b |
| Dec 31 2021 | n/a | n/a | UK£2b |
| Sep 30 2021 | n/a | n/a | UK£1b |
| Jun 30 2021 | n/a | n/a | UK£1b |
| Mar 31 2021 | UK£5m | UK£1m | UK£1b |
| Dec 31 2020 | n/a | n/a | UK£1b |
| Sep 30 2020 | n/a | n/a | UK£1b |
| Jun 30 2020 | n/a | n/a | UK£1b |
| Mar 31 2020 | UK£5m | UK£1m | UK£1b |
| Dec 31 2019 | n/a | n/a | UK£1b |
| Sep 30 2019 | n/a | n/a | UK£1b |
| Jun 30 2019 | n/a | n/a | UK£1b |
| Mar 31 2019 | UK£5m | UK£944k | UK£1b |
| Dec 31 2018 | n/a | n/a | UK£2b |
| Sep 30 2018 | n/a | n/a | UK£3b |
| Jun 30 2018 | n/a | n/a | UK£3b |
| Mar 31 2018 | UK£4m | UK£887k | UK£4b |
Compensation vs Market: John's total compensation ($USD8.50M) is above average for companies of similar size in the MX market ($USD5.68M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Pettigrew (56 yo)
8.4yrs
Tenure
UK£6,353,000
Compensation
Mr. John Pettigrew, FEI, FIET, has been Chief Executive Officer at National Grid USA since April 01, 2016. Mr. Pettigrew has been the Chief Executive Officer at National Grid plc since April 1, 2016 and as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.4yrs | UK£6.35m | 0.043% £ 573.5m | |
| CFO & Executive Director | 6.2yrs | UK£3.70m | 0.015% £ 201.2m | |
| Chief Information & Digital Officer | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Group Chief Legal Officer | 3.7yrs | no data | no data | |
| Chief People & Culture Officer | 2.3yrs | no data | no data | |
| Group Chief Engineer | no data | no data | no data | |
| President of UK Electricity Transmission | 3.7yrs | no data | no data | |
| President of National Grid Ventures | 1.7yrs | no data | no data | |
| Chief Commercial Officer of NGV North East Team | 1.5yrs | no data | no data | |
| President of UK Strategic Infrastructure | 1.4yrs | no data | no data | |
| U.S. Head of Corporate Affairs | 1.3yrs | no data | no data |
2.0yrs
Average Tenure
55yo
Average Age
Experienced Management: NGG N's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 10.4yrs | UK£6.35m | 0.043% £ 573.5m | |
| CFO & Executive Director | 5.7yrs | UK£3.70m | 0.015% £ 201.2m | |
| Independent Non-Executive Director | 5.3yrs | UK£134.00k | no data | |
| Non-Executive Chairman | 3.7yrs | UK£756.00k | 0.00046% £ 6.1m | |
| Independent Non-Executive Director | 3yrs | UK£131.00k | 0.00066% £ 8.8m | |
| Independent Non-Executive Director | 3yrs | UK£127.00k | 0.000050% £ 666.4k | |
| Independent Non-Executive Director | 5.7yrs | UK£135.00k | 0.00015% £ 2.0m | |
| Independent Non-Executive Director | 2.2yrs | UK£165.00k | no data | |
| Independent Non-Executive Director | 2.7yrs | UK£127.00k | no data | |
| Independent Non-Executive Director | less than a year | UK£28.00k | no data | |
| Senior Independent Non-Executive Director | 3.1yrs | UK£162.00k | 0.000050% £ 666.4k |
3.1yrs
Average Tenure
60yo
Average Age
Experienced Board: NGG N's board of directors are considered experienced (3.1 years average tenure).