Lloyds Banking Group Management
Management criteria checks 4/4
Lloyds Banking Group's CEO is Charlie Nunn, appointed in Aug 2021, has a tenure of 3.25 years. total yearly compensation is £3.68M, comprised of 30.9% salary and 69.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth $4.52M. The average tenure of the management team and the board of directors is 6.2 years and 4.1 years respectively.
Key information
Charlie Nunn
Chief executive officer
UK£3.7m
Total compensation
| CEO salary percentage | 30.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 6.2yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Lloyds Banking Group: NIM Expansion Powers A Solid Q3
Oct 23Buy Lloyds Banking Group For Its Dividend Yield Of 5.2%
Sep 30Lloyds Banking Group: NIM Dynamics Still Playing Out As Expected
Jul 26British Banking's Hidden Gem: Lloyds Stands Out As A Sterling Example Available At A Heavy Discount
Mar 20Lloyds Maintains Profitability Targets, Shares Remain Attractive
Feb 24Should Dividend Investors Buy Lloyds Banking Group?
Dec 16Lloyds Banking Group: Hold Rating As Undervaluation And Net Interest Income Grab Attention
Dec 04Lloyds Banking: Capital Returns Potential Remains Compelling
Oct 03Lloyds Banking Group: Pick Up This Dividend Opportunity At A Discount
Jul 28Lloyds Banking: Sticky Interest Rates Support Recovery, Though Risks Remain
Jul 17Lloyds Banking FY 2022 Earnings Preview
Feb 21Lloyds Banking Group: Unlocking The Secrets Of A 4% Dividend Stock
Feb 06Lloyds: Still 10x P/E And 4%+ Dividend Yield After Recent Rally
Jan 21Lloyds Banking Group: Attractive Valuation, High Yield, Improving Technicals
Dec 23Lloyds Banking Group: NII Sensitivity Is A Tailwind Amid Rising Rates
Oct 10Lloyds Banking Group: Hold For Now
Sep 28Lloyds Banking goes ex dividend tomorrow
Aug 04Lloyds Banking Non-GAAP EPS of £0.037, Net interest income of £6.14B
Jul 27Lloyds: 5% Dividend Yield And Less Than 10x P/E On Undemanding Assumptions
Jul 14Lloyds Banking Group: There's A Storm Coming
Jun 29Lloyds Banking Group: Buy The 5% Forward Dividend Yield
Apr 06Lloyds Banking Group: Headwinds Cloud Its Medium-Term Earnings Outlook
Mar 11Lloyds: More Upside Potential In 2022
Dec 31Lloyds Banking Stock: Continued Upside At Current Price
Oct 06Lloyds Banking Group Should Benefit From Lower Credit Costs And Loan Growth
Jul 01Lloyds Banking posts solid Q1 results, profit beats estimates
Apr 28Lloyds Banking Group: A Hold For Now As U.K. Households Will Suffer
Jan 12Lloyds: Underpriced Despite Signs Of Nascent Recovery
Jan 10EU, U.K. financial firms brace for Brexit's impact on trading on Jan. 4
Dec 29Lloyds Banking, Melrose and Tesco rally after Brexit deal finalized
Dec 24BofA turns bearish on Lloyds Banking as valuation looks 'over-optimistic'
Dec 04Lloyds Bank - Lockdown And Recent Results Are A Worry
Nov 05Lloyds Banking beats on revenue
Oct 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | UK£4b |
| Jun 30 2024 | n/a | n/a | UK£5b |
| Mar 31 2024 | n/a | n/a | UK£4b |
| Dec 31 2023 | UK£4m | UK£1m | UK£5b |
| Sep 30 2023 | n/a | n/a | UK£4b |
| Jun 30 2023 | n/a | n/a | UK£4b |
| Mar 31 2023 | n/a | n/a | UK£4b |
| Dec 31 2022 | UK£4m | UK£1m | UK£3b |
| Sep 30 2022 | n/a | n/a | UK£3b |
| Jun 30 2022 | n/a | n/a | UK£4b |
| Mar 31 2022 | n/a | n/a | UK£5b |
| Jan 01 2022 | n/a | n/a | UK£5b |
Compensation vs Market: Charlie's total compensation ($USD4.61M) is below average for companies of similar size in the US market ($USD12.66M).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
CEO
Charlie Nunn (53 yo)
3.3yrs
Tenure
UK£3,681,000
Compensation
Mr. Charles Alan Nunn, also known as Charlie, has been Group Chief Executive & Executive Director at Lloyds Banking Group Plc and HBOS plc since August 16, 2021. He serves as Executive Director and Chief E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 3.3yrs | UK£3.68m | 0.011% $ 4.5m | |
| Group CFO & Executive Director | 5.3yrs | UK£3.10m | 0.015% $ 6.1m | |
| Group Chief Operating Officer | 1.4yrs | no data | no data | |
| Director of Group Strategy | no data | no data | no data | |
| Company Secretary & Group General Counsel | 9.8yrs | no data | no data | |
| Head of Media Relations | no data | no data | no data | |
| Chief Marketing Officer | 1.1yrs | no data | no data | |
| Chief People & Places Officer | 2.4yrs | no data | no data | |
| Head of Global Services & MD | 11.8yrs | no data | no data | |
| Group Chief Risk Officer | 7.2yrs | no data | 0.010% $ 4.2m | |
| Head of U.K. Funds | 10yrs | no data | no data | |
| Co-Head of Leveraged Credit Sales & MD | 9.9yrs | no data | no data |
6.2yrs
Average Tenure
55yo
Average Age
Experienced Management: LYG's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 3.3yrs | UK£3.68m | 0.011% $ 4.5m | |
| Group CFO & Executive Director | 5.3yrs | UK£3.10m | 0.015% $ 6.1m | |
| Senior Independent Director | 2yrs | UK£157.00k | 0.00070% $ 288.9k | |
| Non-Executive Independent Director | 2.3yrs | UK£483.00k | 0.00028% $ 115.6k | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 6.1yrs | UK£180.00k | 0.00011% $ 45.4k | |
| Independent Non-Executive Director | 4.7yrs | UK£269.00k | 0.00020% $ 82.6k | |
| Independent Chairman | 4.1yrs | UK£631.00k | 0.0041% $ 1.7m | |
| Independent Non-Executive Director | 4.9yrs | UK£233.00k | 0.00033% $ 136.2k | |
| Independent Non-Executive Director | 3yrs | UK£103.00k | 0.000030% $ 12.4k | |
| Lead Technical Advisor | 6.8yrs | no data | no data |
4.1yrs
Average Tenure
59.5yo
Average Age
Experienced Board: LYG's board of directors are considered experienced (4.1 years average tenure).