ITM Power Management

Management criteria checks 2/4

ITM Power's CEO is Dennis Schulz, appointed in Dec 2022, has a tenure of 2.17 years. total yearly compensation is £1.01M, comprised of 42.7% salary and 57.3% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth $77.01K. The average tenure of the management team and the board of directors is 3.8 years and 2.6 years respectively.

Key information

Dennis Schulz

Chief executive officer

UK£1.0m

Total compensation

CEO salary percentage42.7%
CEO tenure2.2yrs
CEO ownership0.03%
Management average tenure3.8yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dennis Schulz's remuneration changed compared to ITM Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

-UK£41m

Jul 31 2024n/an/a

-UK£34m

Apr 30 2024UK£1mUK£432k

-UK£27m

Jan 31 2024n/an/a

-UK£42m

Oct 31 2023n/an/a

-UK£60m

Jul 31 2023n/an/a

-UK£81m

Apr 30 2023UK£872kUK£212k

-UK£101m

Compensation vs Market: Dennis's total compensation ($USD1.28M) is about average for companies of similar size in the US market ($USD1.38M).

Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.


CEO

Dennis Schulz (42 yo)

2.2yrs

Tenure

UK£1,012,641

Compensation

Mr. Dennis Schulz serves as Chief Executive Officer for ITM Power Plc since December 1, 2022 and also serves as its Director since December 01, 2022. Mr. Schulz joined ITM Power as Chief Executive Officer...


Leadership Team

NamePositionTenureCompensationOwnership
Dennis Schulz
CEO & Director2.2yrsUK£1.01m0.030%
$ 77.0k
Simon Bourne
CTO & Executive Directorno dataUK£549.03k0.031%
$ 79.4k
Andrew Allen
Vice President of Strategyless than a yearUK£472.53k0.021%
$ 54.7k
Amy Grey
CFO & Directorless than a yearno datano data
Martin Clay
Operations Director4.1yrsno datano data
Justin Scarborough
Head of Investor Relationsno datano datano data
Huan Quayle
General Counsel & Company Secretaryno datano datano data
Sharon Poulter
Head of Marketing & Press3.4yrsno datano data
Kath Connell
Head of Human Resourcesno datano datano data
John Newton
Managing Director of ITM Motive11.3yrsno datano data
Calum McConnell
Managing Director of ITM Power GmbH Germany8.1yrsno datano data
Neil Thompson
Managing Director of ITM Pty Ltd7.2yrsno datano data

3.8yrs

Average Tenure

45yo

Average Age

Experienced Management: ITMP.F's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dennis Schulz
CEO & Director2.2yrsUK£1.01m0.030%
$ 77.0k
Simon Bourne
CTO & Executive Director15.3yrsUK£549.03k0.031%
$ 79.4k
Amy Grey
CFO & Directorless than a yearno datano data
Matthias von Plotho
Non-Executive Directorless than a yearno datano data
Roger Bone
Independent Non-Executive Chairman10.7yrsUK£150.00k0.058%
$ 149.8k
Denise Cockrem
Independent Non-Executive Director2.6yrsUK£56.83k0.0027%
$ 7.1k
Martin Green
Senior Independent Non-Executive Director5.4yrsUK£71.00k0.028%
$ 72.5k

2.6yrs

Average Tenure

54yo

Average Age

Experienced Board: ITMP.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/20 07:39
End of Day Share Price 2025/02/20 00:00
Earnings2024/10/31
Annual Earnings2024/04/30

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.

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 Github.

Analyst Sources

ITM Power Plc is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tom McColmAllenby Capital Limited
Kulwinder RajpalAlphaValue
Daniel SlaterArden Partners Plc.