SSP Group plc

OTCPK:SSPP.F Stock Report

Market Cap: US$1.6b

SSP Group Management

Management criteria checks 3/4

SSP Group's CEO is Patrick Coveney, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is £2.35M, comprised of 33.4% salary and 66.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $1.90M. The average tenure of the management team and the board of directors is 2.2 years and 4.2 years respectively.

Key information

Patrick Coveney

Chief executive officer

UK£2.3m

Total compensation

CEO salary percentage33.4%
CEO tenure2.7yrs
CEO ownership0.1%
Management average tenure2.2yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Patrick Coveney's remuneration changed compared to SSP Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

UK£8m

Dec 31 2023n/an/a

UK£8m

Sep 30 2023UK£2mUK£784k

UK£8m

Jun 30 2023n/an/a

UK£10m

Mar 31 2023n/an/a

UK£12m

Dec 31 2022n/an/a

UK£1m

Sep 30 2022UK£2mUK£390k

-UK£10m

Compensation vs Market: Patrick's total compensation ($USD2.98M) is below average for companies of similar size in the US market ($USD5.42M).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Patrick Coveney (54 yo)

2.7yrs

Tenure

UK£2,348,000

Compensation

Mr. Patrick F. Coveney, B.Comm, M.Phil, D.Phil, serves as Non-Executive Director at Olam Food Ingredients Spain S.L. He has been Group Chief Executive Officer and Director at SSP Group plc since March 31,...

Leadership Team

NamePositionTenureCompensationOwnership
Patrick Coveney
Group CEO & Director2.7yrsUK£2.35m0.12%
$ 1.9m
Jonathan Davies
Deputy CEO20.8yrsUK£1.69m0.22%
$ 3.5m
Kelly Charles
Co-Ownerno datano datano data
Freseric Emmanuel
Co-Ownerno datano datano data
Alexander Olivier
Co-Ownerno datano datano data
Jeremy Fennell
Chief Operationg officerless than a yearno datano data
Jon Wood
Chief Digital & Technology Officerless than a yearno datano data
Fiona Scattergood
Group General Counsel & Company Secretary1.8yrsno datano data
Ann-Marie Murphy
Chief People Officerless than a yearno datano data
Sukh Tiwana
Chief Procurement Officerno datano datano data
Mark Angela
Chief Business Development & Strategy Officer and CEO India and EEME10.6yrsno datano data
Michael Svagdis
Chief Executive Officer of SSP North America10.3yrsno datano data

2.2yrs

Average Tenure

59yo

Average Age

Experienced Management: SSPP.F's management team is considered experienced (2.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Patrick Coveney
Group CEO & Director2.7yrsUK£2.35m0.12%
$ 1.9m
Jonathan Davies
Deputy CEO10.4yrsUK£1.69m0.22%
$ 3.5m
Judith Vezmar
Independent Non-Executive Director4.3yrsUK£68.00k0.0052%
$ 82.7k
Kelly Kuhn
Independent Non-Executive Director2.8yrsUK£55.00k0.0024%
$ 39.0k
Michael Clasper
Independent Chairman of the Board5yrsUK£285.00k0.030%
$ 479.7k
Timothy Ralph Lodge
Independent Non-Executive Director4.1yrsUK£65.00k0.0038%
$ 60.1k
Carolyn Bradley
Senior Independent Non-Executive Director6.1yrsUK£75.00k0.0039%
$ 62.1k
Apurvi Sheth
Independent Non-Executive Director2.8yrsUK£56.00k0.0029%
$ 47.0k

4.2yrs

Average Tenure

60yo

Average Age

Experienced Board: SSPP.F's board of directors are considered experienced (4.2 years average tenure).