XP Power Management
Management criteria checks 3/4
XP Power's CEO is Gavin Griggs, appointed in Jan 2021, has a tenure of 3.25 years. total yearly compensation is £1.03M, comprised of 55.1% salary and 44.9% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth $186.98K. The average tenure of the management team and the board of directors is 9.7 years and 3.2 years respectively.
Key information
Gavin Griggs
Chief executive officer
UK£1.0m
Total compensation
| CEO salary percentage | 55.1% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 9.7yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | UK£1m | UK£565k | -UK£9m |
| Sep 30 2023 | n/a | n/a | UK£7m |
| Jun 30 2023 | n/a | n/a | UK£23m |
| Mar 31 2023 | n/a | n/a | UK£2m |
| Dec 31 2022 | UK£730k | UK£537k | -UK£20m |
| Sep 30 2022 | n/a | n/a | -UK£23m |
| Jun 30 2022 | n/a | n/a | -UK£26m |
| Mar 31 2022 | n/a | n/a | -UK£2m |
| Dec 31 2021 | UK£1m | UK£492k | UK£23m |
| Sep 30 2021 | n/a | n/a | UK£30m |
| Jun 30 2021 | n/a | n/a | UK£37m |
| Mar 31 2021 | n/a | n/a | UK£34m |
| Dec 31 2020 | UK£1m | UK£314k | UK£32m |
| Sep 30 2020 | n/a | n/a | UK£25m |
| Jun 30 2020 | n/a | n/a | UK£18m |
| Mar 31 2020 | n/a | n/a | UK£19m |
| Dec 31 2019 | UK£352k | UK£286k | UK£21m |
| Sep 30 2019 | n/a | n/a | UK£23m |
| Jun 30 2019 | n/a | n/a | UK£26m |
| Mar 31 2019 | n/a | n/a | UK£28m |
| Dec 31 2018 | UK£512k | UK£280k | UK£30m |
| Sep 30 2018 | n/a | n/a | UK£31m |
| Jun 30 2018 | n/a | n/a | UK£32m |
| Mar 31 2018 | n/a | n/a | UK£30m |
| Dec 31 2017 | UK£325k | UK£48k | UK£28m |
Compensation vs Market: Gavin's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Gavin's compensation has increased whilst the company is unprofitable.
CEO
Gavin Griggs
3.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.3yrs | UK£1.03m | 0.058% £ 187.0k | |
| CFO & Executive Director | less than a year | UK£444.09k | 0.051% £ 164.9k | |
| Executive VP of Asia & Executive Director | no data | UK£322.00k | 0.14% £ 465.0k | |
| Executive Vice President of Global Manufacturing & Operations | no data | no data | no data | |
| Technical Director | 12.3yrs | no data | no data | |
| President of Corporate Development | 6.4yrs | UK£331.17k | no data | |
| Executive Vice President of Global Products | 12.6yrs | no data | no data | |
| Executive Vice President - N. America Sales & Engineering Services | 9.9yrs | no data | no data | |
| Head of Product Development | 9.5yrs | no data | no data | |
| Executive Vice President of Engineering | 11.3yrs | no data | no data |
9.7yrs
Average Tenure
53yo
Average Age
Experienced Management: XPPL.F's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.5yrs | UK£1.03m | 0.058% £ 187.0k | |
| CFO & Executive Director | less than a year | UK£444.09k | 0.051% £ 164.9k | |
| Executive VP of Asia & Executive Director | 17yrs | UK£322.00k | 0.14% £ 465.0k | |
| Non Executive Chairman | 2.1yrs | UK£170.00k | 0.053% £ 169.8k | |
| Senior Independent Non-Executive Director | 8.3yrs | UK£60.00k | 0.018% £ 58.9k | |
| Independent Non-Executive Director | 4.3yrs | UK£60.00k | 0.0073% £ 23.5k | |
| Independent Non-Executive Director | 1.5yrs | UK£50.00k | 0.010% £ 32.4k | |
| Independent Non-Executive Director | 1.5yrs | UK£50.00k | no data |
3.2yrs
Average Tenure
58yo
Average Age
Experienced Board: XPPL.F's board of directors are considered experienced (3.2 years average tenure).