ITM Power Management
Management criteria checks 2/4
ITM Power's CEO is Dennis Schulz, appointed in Dec 2022, has a tenure of 3.08 years. total yearly compensation is £1.17M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth $166.73K. The average tenure of the management team and the board of directors is 3.7 years and 1 years respectively.
Key information
Dennis Schulz
Chief executive officer
UK£1.2m
Total compensation
| CEO salary percentage | 40.64% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.7yrs |
| Board average tenure | 1yr |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2025 | UK£1m | UK£476k | -UK£46m |
| Jan 31 2025 | n/a | n/a | -UK£43m |
| Oct 31 2024 | n/a | n/a | -UK£41m |
| Jul 31 2024 | n/a | n/a | -UK£34m |
| Apr 30 2024 | UK£1m | UK£432k | -UK£27m |
| Jan 31 2024 | n/a | n/a | -UK£44m |
| Oct 31 2023 | n/a | n/a | -UK£60m |
| Jul 31 2023 | n/a | n/a | -UK£81m |
| Apr 30 2023 | UK£872k | UK£212k | -UK£101m |
Compensation vs Market: Dennis's total compensation ($USD1.57M) is below average for companies of similar size in the US market ($USD2.29M).
Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.
CEO
Dennis Schulz (43 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | UK£1.17m | 0.031% $ 166.7k | |
| CFO & Director | 1yr | UK£392.57k | 0.017% $ 89.5k | |
| CTO & Executive Director | no data | UK£456.00k | 0.032% $ 171.9k | |
| Vice President of Strategy | 1yr | UK£450.19k | no data | |
| Vice President of Operations | 5yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 1.9yrs | no data | no data | |
| Head of Marketing & Communications | 4.3yrs | no data | no data | |
| Managing Director of ITM Motive | 12.3yrs | no data | no data | |
| Head of Grant Partnership Funding | 4.3yrs | no data | no data | |
| Head of Corporate Affairs | no data | no data | no data |
Experienced Management: ITMP.F's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | UK£1.17m | 0.031% $ 166.7k | |
| CFO & Director | 1yr | UK£392.57k | 0.017% $ 89.5k | |
| CTO & Executive Director | 16.2yrs | UK£456.00k | 0.032% $ 171.9k | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 1yr | no data | no data | |
| Independent Non-Executive Chair | no data | no data | no data | |
| Senior Independent Non-Executive Director | 6.3yrs | UK£71.00k | 0.028% $ 152.1k | |
| Non-Executive Director | less than a year | no data | no data |
Experienced Board: ITMP.F's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/20 22:15 |
| End of Day Share Price | 2026/01/16 00:00 |
| Earnings | 2025/04/30 |
| Annual Earnings | 2025/04/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tom McColm | Allenby Capital Limited |
| Jesús Gómez Dominguez | Banco Santander |
| Alex Smith | Berenberg |