Vertu Motors Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Robert Forrester

Chief executive officer

UK£1.1m

Total compensation

CEO salary percentage	38.1%
CEO tenure	17.4yrs
CEO ownership	2.2%
Management average tenure	5.8yrs
Board average tenure	5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Robert Forrester's remuneration changed compared to Vertu Motors's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2023	n/a	n/a	UK£26m
May 31 2023	n/a	n/a	UK£26m
Feb 28 2023	UK£1m	UK£415k	UK£26m
Nov 30 2022	n/a	n/a	UK£35m
Aug 31 2022	n/a	n/a	UK£44m
May 31 2022	n/a	n/a	UK£52m
Feb 28 2022	UK£988k	UK£395k	UK£60m
Nov 30 2021	n/a	n/a	UK£56m
Aug 31 2021	n/a	n/a	UK£51m
May 31 2021	n/a	n/a	UK£34m
Feb 28 2021	UK£596k	UK£337k	UK£16m
Nov 30 2020	n/a	n/a	UK£4m
Aug 31 2020	n/a	n/a	-UK£7m
May 31 2020	n/a	n/a	-UK£2m
Feb 29 2020	UK£690k	UK£315k	UK£3m
Nov 30 2019	n/a	n/a	UK£11m
Aug 31 2019	n/a	n/a	UK£20m
May 31 2019	n/a	n/a	UK£20m
Feb 28 2019	UK£616k	UK£315k	UK£21m
Nov 30 2018	n/a	n/a	UK£20m
Aug 31 2018	n/a	n/a	UK£19m
May 31 2018	n/a	n/a	UK£22m
Feb 28 2018	UK£576k	UK£294k	UK£25m

Compensation vs Market: Robert's total compensation ($USD1.35M) is about average for companies of similar size in the US market ($USD1.57M).

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

CEO

Robert Forrester (54 yo)

17.4yrs

Tenure

UK£1,088,000

Compensation

Mr. Robert T. Forrester serves as the Chief Executive Officer of Vertu Motors Plc. Mr. Forrester founded Vertu Motors plc in 2006. He serves as Vice President of Automotive Fellowship International.He ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Forrester	CEO & Executive Director	no data	UK£1.09m	2.25% £ 6.2m
Karen Anderson	CFO & Executive Director	5.1yrs	UK£622.00k	0.35% £ 965.6k
David Crane	COO & Executive Director	8.1yrs	UK£622.00k	0.14% £ 398.5k
Bruce Clark	Chief Technology Officer	2yrs	no data	no data
Nicola Jane Loose	Company Secretary	9.1yrs	no data	no data
Liz Cope	Chief Marketing Officer	8.1yrs	no data	no data
Steve Rowe	Group Sales Director & Member of Operations Board	3.3yrs	no data	no data
Matthew Barr	Group HR Director	6.1yrs	no data	no data
Damien Rigby	Head of Fleet for Mercedes-Benz division	5.5yrs	no data	no data

5.8yrs

Average Tenure

53yo

Average Age

Experienced Management: VTMT.F's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Forrester	CEO & Executive Director	17.4yrs	UK£1.09m	2.25% £ 6.2m
Karen Anderson	CFO & Executive Director	5.1yrs	UK£622.00k	0.35% £ 965.6k
David Crane	COO & Executive Director	5.8yrs	UK£622.00k	0.14% £ 398.5k
Kenneth Lever	Senior Independent Director	8.8yrs	UK£63.00k	0.030% £ 83.4k
Jonathan Mewett	Independent Non-Executive Director	less than a year	no data	no data
Andrew Goss	Independent Non-Executive Chairman	5.6yrs	UK£131.00k	0.019% £ 51.4k
Pauline Best	Independent Non-Executive Director	7.9yrs	UK£53.00k	no data
David Gillard	Independent Non-Executive Director	less than a year	no data	no data

5.7yrs

Average Tenure

58yo

Average Age

Experienced Board: VTMT.F's board of directors are considered experienced (5.7 years average tenure).

Vertu Motors Management

Management criteria checks 4/4

Key information

Recent management updates

Vertu Motors plc Appoints David James Gillard as an Independent Non-Executive Director

Vertu Motors plc Appoints Jonathan Mark Mewett as Independent Non-Executive Director

Vertu Motors plc, Annual General Meeting, Jun 28, 2023

Vertu Motors plc, Annual General Meeting, Jun 22, 2022

Vertu Motors plc Appoints Bruce Clark as Chief Technology Officer

Recent updates

Vertu Motors plc Appoints David James Gillard as an Independent Non-Executive Director

Vertu Motors plc (AIM:VTU) acquired Rowes Garage Limited.

Vertu Motors plc to Report Fiscal Year 2024 Results on May 15, 2024

Vertu Motors plc Appoints Jonathan Mark Mewett as Independent Non-Executive Director

Vertu Motors plc, Annual General Meeting, Jun 28, 2023

Vertu Motors plc Recommends Final Dividend for 2023

Vertu Motors plc to Report Fiscal Year 2023 Results on May 10, 2023

Vertu Motors plc (AIM:VTU) acquired Helston Garages Group Limited for £182 million.

Vertu Motors in Talks to Buy Helston Garages Dealership

Vertu Motors plc (AIM:VTU) acquired Business and Assets of two BMW Motorrad outlets in Yorkshire from Saltaire Motor Company Limited for approximately £4.2 million.

Vertu Motors plc Provides Earnings Guidance for the Financial Year Ending 28 February 2023

Vertu Motors plc (AIM:VTU) acquired Wiper Blades Limited for £3.5 million.

Vertu Motors plc, Annual General Meeting, Jun 22, 2022

Vertu Motors plc Recommends Final Dividend for Year Ended February 28, 2022, Payable on July 29, 2022

Vertu Motors plc Appoints Bruce Clark as Chief Technology Officer

Vertu Motors plc (AIM:VTU) acquired land and buildings in Derby for £7.1m plus fee.

Vertu Motors plc to Report Fiscal Year 2022 Results on May 11, 2022

Vertu Motors plc (AIM:VTU) acquired Farmer & Carlisle Holdings Ltd for £9.2 million.

An unknown buyer acquired an unknown stake in Vertu Motors plc (AIM:VTU) from CIP Merchant Capital for approximately £1 million.

Vertu Motors plc (AIM:VTU) commences an Equity Buyback Plan for 36,900,000 shares, representing 10% of its issued share capital, under the authorization approved on June 23, 2021.

Vertu Motors plc Provides Earnings Guidance for the Full Year 2021

Vertu Motors plc (AIM:VTU) acquired William Hepworth (Huddersfield) Limited.

Vertu Motors plc to Report Fiscal Year 2021 Results on May 12, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age