3i Group Management

Management criteria checks 3/4

3i Group's CEO is Simon Borrows, appointed in May 2012, has a tenure of 11.92 years. total yearly compensation is £8.54M, comprised of 8% salary and 92% bonuses, including company stock and options. directly owns 1.71% of the company’s shares, worth $595.96M. The average tenure of the management team and the board of directors is 7.1 years and 4.1 years respectively.

Key information

Simon Borrows

Chief executive officer

UK£8.5m

Total compensation

CEO salary percentage	8.0%
CEO tenure	11.9yrs
CEO ownership	1.7%
Management average tenure	7.1yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simon Borrows's remuneration changed compared to 3i Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	UK£4b
Jun 30 2023	n/a	n/a	UK£5b
Mar 31 2023	UK£9m	UK£687k	UK£5b
Dec 31 2022	n/a	n/a	UK£4b
Sep 30 2022	n/a	n/a	UK£4b
Jun 30 2022	n/a	n/a	UK£4b
Mar 31 2022	UK£6m	UK£661k	UK£4b
Dec 31 2021	n/a	n/a	UK£3b
Sep 30 2021	n/a	n/a	UK£3b
Jun 30 2021	n/a	n/a	UK£2b
Mar 31 2021	UK£5m	UK£647k	UK£2b
Dec 31 2020	n/a	n/a	UK£1b
Sep 30 2020	n/a	n/a	UK£709m
Jun 30 2020	n/a	n/a	UK£462m
Mar 31 2020	UK£4m	UK£645k	UK£214m
Dec 31 2019	n/a	n/a	UK£751m
Sep 30 2019	n/a	n/a	UK£1b
Jun 30 2019	n/a	n/a	UK£1b
Mar 31 2019	UK£8m	UK£633k	UK£1b
Dec 31 2018	n/a	n/a	UK£1b
Sep 30 2018	n/a	n/a	UK£2b
Jun 30 2018	n/a	n/a	UK£1b
Mar 31 2018	UK£7m	UK£615k	UK£1b

Compensation vs Market: Simon's total compensation ($USD10.73M) is about average for companies of similar size in the US market ($USD13.52M).

Compensation vs Earnings: Simon's compensation has increased by more than 20% in the past year.

CEO

Simon Borrows (64 yo)

11.9yrs

Tenure

UK£8,542,000

Compensation

Mr. Simon A. Borrows serves as the Chief Executive Officer of 3i Group plc since May 17, 2012 and also has been its Executive Director since October 2011. He joined 3i Group as the Chief Investment Officer...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Simon Borrows	CEO & Executive Director	11.9yrs	UK£8.54m	1.71% £ 596.0m
James Hatchley	Group Finance Director & Member of the Board of Director	1.8yrs	UK£1.75m	0.037% £ 12.9m
Jasi Halai	Group COO & Director	1.9yrs	UK£1.15m	0.0091% £ 3.2m
James Thompson	Associate Director	no data	no data	no data
Silvia Santoro	Group Investor Relations & Sustainability Strategy Director	16.8yrs	no data	no data
Kevin Dunn	General Counsel & Company Secretary	no data	no data	0.0039% £ 1.4m
John Decesare	Director of Group Compliance	no data	no data	no data
Kathryn van der Kroft	Group Communications Director	no data	no data	no data
Julien Marie	Chief Human Resources Officer	2.3yrs	no data	no data
Alastair Richardson	Head of Legal	no data	no data	no data
William Watt	Managing Director	no data	no data	no data
Tony Lissaman	Partner & COO of Private Equity	14.3yrs	no data	no data

7.1yrs

Average Tenure

58yo

Average Age

Experienced Management: TGOP.Y's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Simon Borrows	CEO & Executive Director	12.5yrs	UK£8.54m	1.71% £ 596.0m
James Hatchley	Group Finance Director & Member of the Board of Director	1.9yrs	UK£1.75m	0.037% £ 12.9m
Jasi Halai	Group COO & Director	1.9yrs	UK£1.15m	0.0091% £ 3.2m
Peter McKellar	Independent Non-Executive Director	2.8yrs	UK£96.00k	0.011% £ 3.7m
David Alexander Hutchison	Independent Chairman of the Board	10.3yrs	UK£325.00k	0.011% £ 3.9m
Lesley Mary Knox	Senior Independent Director & Non-Executive Director	2.5yrs	UK£94.00k	0.00027% £ 94.0k
Coline McConville	Independent Non-Executive Director	5.4yrs	UK£96.00k	0.0010% £ 358.7k
Winston Fritsch	Member of Brazilian Advisory Board	no data	no data	no data
Carlos da Rocha Moreira da Silva	Member of Advisory Board	no data	no data	no data
Stephen Daintith	Independent Non-Executive Director	7.5yrs	UK£84.00k	0.0022% £ 755.8k
Marcelo José e Silva	Member of Brazilian Advisory Board	no data	no data	no data
Reginaldo Zero	Member of Brazilian Advisory Board	no data	no data	no data

4.1yrs

Average Tenure

59yo

Average Age

Experienced Board: TGOP.Y's board of directors are considered experienced (4.1 years average tenure).

3i Group Management

Management criteria checks 3/4

Key information

Recent management updates

3i Group plc, Annual General Meeting, Jun 29, 2023

3i Group plc Announces the Resignation of Julia Wilson as Executive Director

3i Group plc, Annual General Meeting, Jun 30, 2022

3i Group plc Announces Executive Changes

3i Group plc Announces Retirement of Jonathan Asquith as Non-Executive Director

3I Group plc Announces Resignation of Peter Grosch as Non-Executive Director, Effect from 31 December 2020

Recent updates

KKR European Fund VI a fund managed by KKR & Co. Inc. (NYSE:KKR) signed an agreement to acquire Nexeye B.V. from 3i Group plc (LSE:III).

3i Group plc to Report Fiscal Year 2024 Results on May 09, 2024

3I Group plc Declares First Dividend for Fiscal Year 2024, Payable on 12 January 2024

3i Group plc to Report First Half, 2024 Results on Nov 09, 2023

3i Group plc Approves Dividend

3i Group plc to Report Q1, 2024 Results on Jul 20, 2023

3i Group plc, Annual General Meeting, Jun 29, 2023

3I Group plc Recommends a Second Fiscal Year 2023 Dividend

Morellato S.p.A. agreed to acquire CHRIST Juweliere und Uhrmacher seit 1863 GmbH from 3i Eurofund V managed by 3i Group plc (LSE:III).

3i Group plc to Report Q3, 2023 Results on Jan 26, 2023

3I Group plc Proposes First Fiscal Year 2023 Dividend, Payable on 11 January 2023

3i Group plc to Report First Half, 2023 Results on Nov 10, 2022

3i Group plc (LSE:III) acquired an unknown majority stake in Brumberg Leuchten Gmbh & Co. Kg.

3i Group plc to Report Q1, 2023 Results on Jul 21, 2022

3i Group plc Announces the Resignation of Julia Wilson as Executive Director

3i Group plc Approves Dividend on Ordinary Shares

BC Partners in Talks to Buy Majority Stake in French Havea

3i Group plc, Annual General Meeting, Jun 30, 2022

3I Group plc Proposes Second Dividend, Payable on July 22, 2022

3i Group plc to Report Fiscal Year 2022 Results on May 12, 2022

3i Group plc Announces Executive Changes

3i Group plc (LSE:III) completed the acquisition of an unknown majority stake in Mepal BV.

3i Group plc (LSE:III) acquired a majority stake in E.C. Waste, Inc. from Post Capital Partners LLC.

3i Group plc (LSE:III) agreed to acquire Dutch Bakery B.V. from Egeria Capital Management B.V.

3i Group plc Announces Retirement of Jonathan Asquith as Non-Executive Director

3I Group plc Announces Resignation of Peter Grosch as Non-Executive Director, Effect from 31 December 2020

Management of Just-sites.com along with 3i Group plc (LSE:III) and other buyers acquired Just-sites.com from Geac Computer Corporation Limited.

Enodis plc (LSE: ENO) acquired Merrychef Ltd. from 3i Group plc (LSE: III) and Montagu Private Equity and other investors for £16.7 million.

Hewlett-Packard Co. (NYSE: HPQ) signed a definitive agreement to acquire Bitfone Corporation.

Julie Kenny and Sebastian Herrara acquired 36% stake in Secure Holdings Limited from 3i Group plc (LSE:III).

Management of Foundation Systems Ltd. along with 3i Group plc (LSE:III) acquired an unknown majority stake in Foundation Systems Ltd.

Director N Chaney of Applecross Techology PTY acquired 32.5% stake of Open Systems Management Ltd. from 3i Group plc (LSE:III).

Martin J Brown, Richard J Herbert, Gerard S Grainger acquired 15% stake in Herbert Group Ltd. from 3i Group plc (LSE:III).

3i Group Plc (LSE: III) and Oak Hill Capital Partners II, L.P., a fund managed by Oak Hill Capital Partners completed the acquisition of Telecity plc for £32.25 million.

Telecom Italia Media SpA acquired an unknown stake in Mondus Limited from 3i Group plc (LSE:III) and others.

3i Group plc (LSE:III) acquired Sani-Tech West, Inc. from founder Richard Shor and others.

3i Group plc to Report Q1, 2021 Results on Jul 30, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age