This company has been acquired
AVEVA Group Management
Management criteria checks 2/4
Key information
Peter Herweck
Chief executive officer
UK£1.8m
Total compensation
| CEO salary percentage | 39.7% |
| CEO tenure | 1.7yrs |
| CEO ownership | n/a |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | -UK£61m |
| Jun 30 2022 | n/a | n/a | -UK£62m |
| Mar 31 2022 | UK£2m | UK£697k | -UK£63m |
Compensation vs Market: Peter's total compensation ($USD2.17M) is below average for companies of similar size in the US market ($USD12.72M).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
CEO
Peter Herweck (55 yo)
1.7yrs
Tenure
UK£1,756,427
Compensation
Mr. Peter W. Herweck serves as Chief Executive Officer of AVEVA Group plc since May 1, 2021. He served as Executive Vice President of Industrial Automation at Schneider Electric SE since 2019 until May 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.7yrs | UK£1.76m | no data | |
| Chief Strategy & Transformation Officer and Executive Director | less than a year | UK£1.32m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| COO & Chief Revenue Officer | 2yrs | no data | no data | |
| CTO and Executive VP of R&D | 3.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Company Secretary | 2yrs | no data | no data | |
| VP of Sales & Head of Middle East and Africa | 1.1yrs | no data | no data | |
| Chief People Officer | 2yrs | no data | no data | |
| Executive Vice President of Engineering Business | 2yrs | no data | no data | |
| Head of Global Talent & HR Services | no data | no data | no data | |
| Chief Product Officer | 1.8yrs | no data | no data |
1.9yrs
Average Tenure
52yo
Average Age
Experienced Management: AVEV.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.8yrs | UK£1.76m | no data | |
| Chief Strategy & Transformation Officer and Executive Director | 12yrs | UK£1.32m | no data | |
| Non-Executive Chairman | 10.7yrs | UK£320.00k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Chairman Emeritus | 2.4yrs | no data | no data | |
| Senior Independent Non-Executive Director | 6.5yrs | UK£92.80k | no data | |
| Independent Non-Executive Director | 5.8yrs | UK£65.00k | no data | |
| Non-Executive Director | 2.8yrs | no data | no data | |
| Independent Non-Executive Director | 3.9yrs | UK£65.00k | no data | |
| Non-Executive Director | 1.4yrs | no data | no data |
4.4yrs
Average Tenure
59yo
Average Age
Experienced Board: AVEV.F's board of directors are considered experienced (4.4 years average tenure).