SEGRO Management

Management criteria checks 4/4

SEGRO's CEO is David John Sleath, appointed in Apr 2011, has a tenure of 18.25 years. total yearly compensation is £2.88M, comprised of 26.8% salary and 73.2% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth $8.28M. The average tenure of the management team and the board of directors is 10.5 years and 5.5 years respectively.

Key information

David John Sleath

Chief executive officer

UK£2.9m

Total compensation

CEO salary percentage	26.8%
CEO tenure	13yrs
CEO ownership	0.06%
Management average tenure	10.5yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David John Sleath's remuneration changed compared to SEGRO's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£3m	UK£773k	-UK£253m
Sep 30 2023	n/a	n/a	-UK£2b
Jun 30 2023	n/a	n/a	-UK£3b
Mar 31 2023	n/a	n/a	-UK£3b
Dec 31 2022	UK£4m	UK£740k	-UK£2b
Sep 30 2022	n/a	n/a	UK£1b
Jun 30 2022	n/a	n/a	UK£4b
Mar 31 2022	n/a	n/a	UK£4b
Dec 31 2021	UK£5m	UK£721k	UK£4b
Sep 30 2021	n/a	n/a	UK£3b
Jun 30 2021	n/a	n/a	UK£3b
Mar 31 2021	n/a	n/a	UK£2b
Dec 31 2020	UK£4m	UK£663k	UK£1b
Sep 30 2020	n/a	n/a	UK£1b
Jun 30 2020	n/a	n/a	UK£678m
Mar 31 2020	n/a	n/a	UK£768m
Dec 31 2019	UK£7m	UK£678k	UK£858m
Sep 30 2019	n/a	n/a	UK£880m
Jun 30 2019	n/a	n/a	UK£901m
Mar 31 2019	n/a	n/a	UK£982m
Dec 31 2018	UK£4m	UK£633k	UK£1b
Sep 30 2018	n/a	n/a	UK£1b
Jun 30 2018	n/a	n/a	UK£1b
Mar 31 2018	n/a	n/a	UK£1b
Dec 31 2017	UK£4m	UK£615k	UK£953m

Compensation vs Market: David John's total compensation ($USD3.62M) is below average for companies of similar size in the US market ($USD13.52M).

Compensation vs Earnings: David John's compensation has been consistent with company performance over the past year.

CEO

David John Sleath (62 yo)

13yrs

Tenure

UK£2,883,000

Compensation

Mr. David John Rivers Sleath, OBE, has been the Chief Executive Officer at SEGRO Plc since April 28, 2011. Mr. Sleath serves as Non-Executive Director of RS Group plc (formerly known as Electrocomponents p...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David John Sleath	CEO & Executive Director	13yrs	UK£2.88m	0.063% £ 8.3m
Soumen Das	CFO & Executive Director	7.3yrs	UK£2.11m	0.035% £ 4.6m
Paul Dunne	Managing Director of Group Operations	less than a year	no data	no data
Ellie Rush	Associate Director of Group Investment	no data	no data	no data
James Power	Director of Digital & Technology	no data	no data	no data
Claire Mogford	Head of Investor Relations	no data	no data	no data
Elizabeth Blease	General Counsel	15.9yrs	no data	no data
Gary Gaskarth	External Communications Manager	no data	no data	no data
Nick Hughes	Director of Marketing & Communications	10.5yrs	no data	no data
Margaret Murphy	Group Human Resources Director	no data	no data	no data
H. Rogers	Head of Construction	no data	no data	no data
J. Pebworth	Managing Director of Slough Heat and Power	no data	no data	no data

10.5yrs

Average Tenure

56yo

Average Age

Experienced Management: SEGX.F's management team is seasoned and experienced (10.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David John Sleath	CEO & Executive Director	18.3yrs	UK£2.88m	0.063% £ 8.3m
Soumen Das	CFO & Executive Director	7.3yrs	UK£2.11m	0.035% £ 4.6m
Andrew Harrison	Independent Non-Executive Chair of the Board	2yrs	UK£368.00k	0.046% £ 6.1m
Simon William Fraser	Independent Non-Executive Director	2.9yrs	UK£90.00k	0.0026% £ 337.4k
Mary Barnard	Independent Non-Executive Director	5.1yrs	UK£70.00k	0.00092% £ 121.3k
Susan Clayton	Independent Non-Executive Director	5.8yrs	UK£66.00k	0.00057% £ 75.1k
Carol Fairweather	Senior Independent Non Executive Director	6.3yrs	UK£98.00k	0.00098% £ 129.2k
Yi-Chuang Yueh	Independent Non-Executive Director	2.9yrs	UK£66.00k	0.00038% £ 50.1k

5.5yrs

Average Tenure

61yo

Average Age

Experienced Board: SEGX.F's board of directors are considered experienced (5.5 years average tenure).

SEGRO Management

Management criteria checks 4/4

Key information

Recent management updates

SEGRO Plc Appoints Marcus Sperber as New Independent Non-Executive Director, Effective from 1 May 2024

SEGRO Plc Announces Retirement of Martin Moore from the Board

SEGRO Plc Appoints Philipp Oevermann as New European Head of Investment

SEGRO Plc Announces Management Changes

SEGRO Plc Announces Board and Committee Changes

Segro plc Announces Resignationf of Andy Gulliford as Chief Operating Officer

Recent updates

SEGRO Plc Appoints Marcus Sperber as New Independent Non-Executive Director, Effective from 1 May 2024

SEGRO Plc has completed a Follow-on Equity Offering in the amount of £906.800002 million.

SEGRO Plc Announces Final Dividend for 2023, Payable on 3 May 2024

SEGRO Plc Announces Retirement of Martin Moore from the Board

SEGRO Plc to Report Q2, 2024 Results on Jul 26, 2024

SEGRO Plc Appoints Philipp Oevermann as New European Head of Investment

P3 Logistic Parks acquired two logistics assets in Crick and Kettering from SEGRO Plc (LSE:SGRO).

SEGRO Plc Declares Interim Dividend, Payable on 22 September 2023

SEGRO Plc Announces Management Changes

SEGRO Plc Announces Board and Committee Changes

SEGRO Plc to Report First Half, 2023 Results on Jul 27, 2023

SEGRO Plc (LSE:SGRO) acquired Bath Road Shopping Park in Slough, from Royal London Asset Management for approximately £120 million.

Segro plc Announces Resignationf of Andy Gulliford as Chief Operating Officer

SEGRO Plc to Report Fiscal Year 2022 Results on Feb 17, 2023

AXA IM Alts Completed the acquisition of portfolio of six Italian urban warehouses from SEGRO Plc (LSE:SGRO).

SEGRO Plc announced that it expects to receive €225 million in funding

SEGRO Plc (LSE:SGRO) acquired Grand Union Trade Park and two assets in Wapping and Clapham in West London for £195 million.

SEGRO Plc Approves Final Dividend for 2021

SEGRO Plc, Annual General Meeting, Apr 21, 2022

SEGRO Plc Recommends Final Dividend for the Year Ended 31 December 2021, Payable on 4 May 2022

SEGRO Plc to Report First Half, 2022 Results on Jul 28, 2022

SEGRO Plc (LSE:SGRO) acquired a portfolio of offices on the Bath Road, Slough from clients of AEW for approximately £430 million.

AXA IM Alts acquired portfolio of six Italian urban warehouses from SEGRO Plc (LSE:SGRO) for €127.5 million.

SEGRO Appoints Dan Holford as Director of Technical Development in Its Thames Valley Team

SEGRO Plc to Report First Half, 2021 Results on Jul 29, 2021

SEGRO Plc (LSE:SGRO) made an offer to acquire remaining 5.6% stake in Sofibus Patrimoine S.A. (ENXTPA:SFBS) for €13.4 million.

SEGRO Plc (LSE:SGRO) agreed to acquire additional 74.9% majority stake in Sofibus Patrimoine S.A. (ENXTPA:SFBS) from a group of seller for approximately €180 million.

SEGRO Plc (LSE:SGRO) acquired Perth Trading Estate in Slough from UBS Triton Property Fund managed by UBS Asset Management (UK) Ltd for £32.5 million.

SEGRO Plc (LSE:SGRO) acquired Perivale Park in West London from Federated Hermes, Inc. (NYSE:FHI) for approximately £200 million.

SEGRO Plc announced that it expects to receive €450 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age