IG Design Group Management
Management criteria checks 3/4
IG Design Group's CEO is Raj Bal, appointed in Apr 2023, has a tenure of 1.75 years. total yearly compensation is $1.36M, comprised of 43.6% salary and 56.4% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $197.41K. The average tenure of the management team and the board of directors is 1.8 years and 3.5 years respectively.
Key information
Raj Bal
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 43.6% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$16m |
| Jun 30 2024 | n/a | n/a | US$26m |
| Mar 31 2024 | US$1m | US$593k | US$36m |
| Dec 31 2023 | n/a | n/a | US$4m |
| Sep 30 2023 | n/a | n/a | -US$27m |
| Jun 30 2023 | n/a | n/a | -US$27m |
| Mar 31 2023 | US$990k | US$413k | -US$28m |
Compensation vs Market: Raj's total compensation ($USD1.36M) is about average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Raj's compensation has been consistent with company performance over the past year.
CEO
Raj Bal (57 yo)
1.8yrs
Tenure
US$1,360,243
Compensation
Mr. Paul Singh Bal, also known as Raj, was Chief Financial Officer of Stock Spirits Group Limited and served as its Director since May 22, 2018 until March 31, 2022. He joined the IG Design Group plc from...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.8yrs | US$1.36m | 0.12% $ 197.4k | |
| Founder & Non-Executive Director | 46yrs | US$56.78k | 23.11% $ 39.5m | |
| CFO & Director | 1.5yrs | US$926.50k | 0.045% $ 77.6k | |
| Group General Counsel & Company Secretary | 6.6yrs | no data | no data | |
| CEO of DG Americas | no data | no data | no data |
1.8yrs
Average Tenure
57yo
Average Age
Experienced Management: IGDF.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.7yrs | US$1.36m | 0.12% $ 197.4k | |
| Founder & Non-Executive Director | 18yrs | US$56.78k | 23.11% $ 39.5m | |
| CFO & Director | 1.5yrs | US$926.50k | 0.045% $ 77.6k | |
| Senior Independent Director | 9yrs | US$75.71k | 0.054% $ 92.2k | |
| Chairman of the Board | 3.5yrs | US$176.66k | 0.060% $ 103.2k | |
| Non-Executive Director | 3.5yrs | US$69.40k | 0.025% $ 43.2k | |
| Non-Executive Director | 2.6yrs | US$56.78k | 0.014% $ 24.4k |
3.5yrs
Average Tenure
58yo
Average Age
Experienced Board: IGDF.F's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 17:42 |
| End of Day Share Price | 2024/10/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| 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 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
IG Design Group plc is covered by 8 analysts. 4 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 |
|---|---|
| Benjamin Thefaut | Arden Partners Plc. |
| Joseph Barron | Berenberg |
| Mark Photiades | Canaccord Genuity |