Ricardo Management
Management criteria checks 4/4
Ricardo's CEO is Tiemann Ritchie, appointed in Oct 2021, has a tenure of 2.83 years. total yearly compensation is £695.00K, comprised of 68.6% salary and 31.4% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth $348.44K. The average tenure of the management team and the board of directors is 2 years and 3.9 years respectively.
Key information
Tiemann Ritchie
Chief executive officer
UK£695.0k
Total compensation
| CEO salary percentage | 68.6% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -UK£900k |
| Sep 30 2023 | n/a | n/a | -UK£7m |
| Jun 30 2023 | UK£695k | UK£477k | -UK£12m |
| Mar 31 2023 | n/a | n/a | -UK£11m |
| Dec 31 2022 | n/a | n/a | -UK£10m |
| Sep 30 2022 | n/a | n/a | -UK£950k |
| Jun 30 2022 | UK£811k | UK£353k | UK£8m |
Compensation vs Market: Tiemann's total compensation ($USD902.12K) is below average for companies of similar size in the US market ($USD2.44M).
Compensation vs Earnings: Tiemann's compensation has been consistent with company performance over the past year.
CEO
Tiemann Ritchie (52 yo)
2.8yrs
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 | 2.8yrs | UK£695.00k | 0.086% $ 348.4k | |
| Chief Financial Officer | 1.1yrs | no data | 0.027% $ 109.2k | |
| Group General Counsel & Company Secretary | 1.6yrs | no data | no data | |
| Group Marketing & Communications Director | 3.6yrs | no data | 0.0028% $ 11.2k | |
| Chief Strategy & Digital Officer | 2.3yrs | no data | 0.010% $ 41.6k | |
| Managing Director of Ricardo Defense Inc. | 8.6yrs | no data | no data | |
| Group Director of Sustainability | 2.3yrs | no data | no data | |
| Global President of Clean Energy & Environmental Solutions | 1.7yrs | no data | no data | |
| Managing Director of Performance Products | 1.6yrs | no data | no data | |
| Managing Director of Automotive & Industrial | less than a year | no data | 0.00060% $ 2.4k |
2.0yrs
Average Tenure
Experienced Management: RCDO.F's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 2.8yrs | UK£695.00k | 0.086% $ 348.4k | |
| Chairman | 1.8yrs | UK£114.00k | 0.032% $ 130.9k | |
| Senior Independent Director | 8.6yrs | UK£70.00k | 0.0024% $ 9.8k | |
| Independent Non-Executive Director | 7.3yrs | UK£61.00k | 0.017% $ 68.1k | |
| Independent Non-Executive Director | 4.9yrs | UK£61.00k | 0.0082% $ 33.4k | |
| Independent Non-Executive Director | less than a year | no data | no data |
3.9yrs
Average Tenure
60.5yo
Average Age
Experienced Board: RCDO.F's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/20 15:51 |
| End of Day Share Price | 2024/05/23 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
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 |
| |
| 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 here.
Analysis Model and Snowflake
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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
Ricardo plc is covered by 18 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 |
|---|---|
| null null | Arden Partners Plc. |
| James Bayliss | Berenberg |
| Richard Hickinbotham | Charles Stanley Securities |