XP Power Limited

OTCPK:XPPL.F Stock Report

Market Cap: US$385.5m

XP Power Management

Management criteria checks 2/4

XP Power's CEO is Gavin Griggs, appointed in Jan 2021, has a tenure of 7.25 years. total yearly compensation is £1.03M, comprised of 55.1% salary and 44.9% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth $275.63K. The average tenure of the management team and the board of directors is 10.5 years and 2.8 years respectively.

Key information

Gavin Griggs

Chief executive officer

UK£1.0m

Total compensation

CEO salary percentage55.1%
CEO tenure4yrs
CEO ownership0.07%
Management average tenure10.5yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gavin Griggs's remuneration changed compared to XP Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-UK£15m

Mar 31 2024n/an/a

-UK£12m

Dec 31 2023UK£1mUK£565k

-UK£9m

Sep 30 2023n/an/a

UK£7m

Jun 30 2023n/an/a

UK£23m

Mar 31 2023n/an/a

UK£2m

Dec 31 2022UK£730kUK£537k

-UK£20m

Sep 30 2022n/an/a

-UK£23m

Jun 30 2022n/an/a

-UK£26m

Mar 31 2022n/an/a

-UK£2m

Dec 31 2021UK£1mUK£492k

UK£23m

Sep 30 2021n/an/a

UK£30m

Jun 30 2021n/an/a

UK£37m

Mar 31 2021n/an/a

UK£34m

Dec 31 2020UK£1mUK£314k

UK£32m

Sep 30 2020n/an/a

UK£25m

Jun 30 2020n/an/a

UK£18m

Mar 31 2020n/an/a

UK£19m

Dec 31 2019UK£352kUK£286k

UK£21m

Sep 30 2019n/an/a

UK£23m

Jun 30 2019n/an/a

UK£26m

Mar 31 2019n/an/a

UK£28m

Dec 31 2018UK£512kUK£280k

UK£30m

Compensation vs Market: Gavin's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD2.14M).

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

CEO

Gavin Griggs

4yrs

Tenure

UK£1,026,000

Compensation

Mr. Gavin Peter Griggs serves as Chief Executive Officer at XP Power Limited since January 1, 2021. He has been Executive Director at XP Power Limited since October 31, 2017. He had been Chief Financial Of...

Leadership Team

NamePositionTenureCompensationOwnership
Gavin Griggs
CEO & Executive Director4yrsUK£1.03m0.071%
$ 275.6k
Matthew Webb
CFO & Executive Director1.3yrsUK£444.09k0.051%
$ 198.5k
Andy Sng
Executive VP of Asia & Executive Directorno dataUK£322.00k0.15%
$ 559.7k
Adrian Irwin
Executive Vice President of Global Manufacturing & Operationsno datano datano data
Gary Bocock
Technical Director13yrsno datano data
Michael Laver
President of Corporate Development7.2yrsUK£331.17kno data
Peter Blyth
Executive Vice President of Global Products13.3yrsno datano data
Jay Warner
Executive Vice President - N. America Sales & Engineering Services10.7yrsno datano data
Richard Bartlett
Head of Product Development10.3yrsno datano data
Hiren Shah
Executive Vice President of Engineering12yrsno datano data

10.5yrs

Average Tenure

54yo

Average Age

Experienced Management: XPPL.F's management team is seasoned and experienced (10.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gavin Griggs
CEO & Executive Director7.3yrsUK£1.03m0.071%
$ 275.6k
Matthew Webb
CFO & Executive Director1.3yrsUK£444.09k0.051%
$ 198.5k
Andy Sng
Executive VP of Asia & Executive Director17.8yrsUK£322.00k0.15%
$ 559.7k
James Robert Provan Pike
Non Executive Chairman2.8yrsUK£170.00k0.053%
$ 204.4k
Daniel Shook
Non-Executive Directorno datano datano data
Polly Williams
Senior Independent Non-Executive Director9yrsUK£60.00k0.018%
$ 70.9k
Pauline Lafferty
Independent Non-Executive Director5.1yrsUK£60.00k0.0074%
$ 28.4k
Sandra Elaine Breene
Independent Non-Executive Director2.3yrsUK£50.00k0.010%
$ 39.0k
Amina Hamidi
Independent Non-Executive Director2.3yrsUK£50.00kno data

2.8yrs

Average Tenure

58yo

Average Age

Experienced Board: XPPL.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/27 19:09
End of Day Share Price 2025/01/03 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

XP Power Limited is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James BaylissBerenberg
Calum BattersbyBerenberg
Richard HickinbothamCantor Fitzgerald Europe