Ricardo Management
Management criteria checks 3/4
Ricardo's CEO is Tiemann Ritchie, appointed in Oct 2021, has a tenure of 2.5 years. total yearly compensation is £695.00K, comprised of 68.6% salary and 31.4% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth $308.08K. The average tenure of the management team and the board of directors is 1.7 years and 4.6 years respectively.
Key information
Tiemann Ritchie
Chief executive officer
UK£695.0k
Total compensation
| CEO salary percentage | 68.6% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.08% |
| Management average tenure | 1.7yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -UK£900k |
| Sep 30 2023 | n/a | n/a | -UK£7m |
| Jun 30 2023 | UK£695k | UK£477k | -UK£12m |
| Mar 31 2023 | n/a | n/a | -UK£11m |
| Dec 31 2022 | n/a | n/a | -UK£10m |
| Sep 30 2022 | n/a | n/a | -UK£950k |
| Jun 30 2022 | UK£811k | UK£353k | UK£8m |
Compensation vs Market: Tiemann's total compensation ($USD866.26K) is below average for companies of similar size in the US market ($USD2.37M).
Compensation vs Earnings: Tiemann's compensation has been consistent with company performance over the past year.
CEO
Tiemann Ritchie (51 yo)
2.5yrs
Tenure
UK£695,000
Compensation
Mr. Graham Ritchie, BA (Econ), ACA, also known as Tiemann, has been Group Chief Executive Officer and Director at Ricardo plc since October 01, 2021. He had been an Executive Vice President of Europe and C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.5yrs | UK£695.00k | 0.085% £ 308.1k | |
| Chief Financial Officer | less than a year | no data | 0.027% £ 96.8k | |
| Group General Counsel & Company Secretary | 1.3yrs | no data | no data | |
| Group Marketing & Communications Director | 3.3yrs | no data | 0.0028% £ 10.0k | |
| Group People | no data | no data | 0.0045% £ 16.4k | |
| Chief Strategy & Digital Officer | 2yrs | no data | 0.010% £ 37.1k | |
| Managing Director of Ricardo Defense Inc. | 8.3yrs | no data | no data | |
| Group Director of Sustainability | 2yrs | no data | 0% £ 0 | |
| Global President of Clean Energy & Environmental Solutions | 1.3yrs | no data | no data | |
| Managing Director of Performance Products | 1.3yrs | no data | no data | |
| Managing Director of Automotive & Industrial | less than a year | no data | no data |
1.7yrs
Average Tenure
Experienced Management: RCDO.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.5yrs | UK£695.00k | 0.085% £ 308.1k | |
| Independent Non-Executive Director | 4.6yrs | UK£53.00k | no data | |
| Chairman | 1.4yrs | UK£114.00k | 0.032% £ 116.7k | |
| Senior Independent Director | 8.3yrs | UK£70.00k | 0.0024% £ 8.7k | |
| Independent Non-Executive Director | 7yrs | UK£61.00k | 0.017% £ 60.7k | |
| Independent Non-Executive Director | 4.6yrs | UK£61.00k | 0.0082% £ 29.8k | |
| Independent Non-Executive Director | 8.8yrs | UK£117.00k | 0.0096% £ 35.0k |
4.6yrs
Average Tenure
64yo
Average Age
Experienced Board: RCDO.F's board of directors are considered experienced (4.6 years average tenure).