Sage Group Management

Management criteria checks 3/4

Sage Group's CEO is Steve Hare, appointed in Nov 2018, has a tenure of 5.42 years. total yearly compensation is £4.00M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 0.052% of the company’s shares, worth $7.61M. The average tenure of the management team and the board of directors is 4.3 years and 4.4 years respectively.

Key information

Steve Hare

Chief executive officer

UK£4.0m

Total compensation

CEO salary percentage	20.8%
CEO tenure	5.4yrs
CEO ownership	0.05%
Management average tenure	4.3yrs
Board average tenure	4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Hare's remuneration changed compared to Sage Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	UK£4m	UK£833k	UK£211m
Jun 30 2023	n/a	n/a	UK£210m
Mar 31 2023	n/a	n/a	UK£208m
Dec 31 2022	n/a	n/a	UK£234m
Sep 30 2022	UK£3m	UK£803k	UK£260m
Jun 30 2022	n/a	n/a	UK£276m
Mar 31 2022	n/a	n/a	UK£291m
Dec 31 2021	n/a	n/a	UK£288m
Sep 30 2021	UK£3m	UK£785k	UK£285m
Jun 30 2021	n/a	n/a	UK£259m
Mar 31 2021	n/a	n/a	UK£232m
Dec 31 2020	n/a	n/a	UK£271m
Sep 30 2020	UK£2m	UK£781k	UK£310m
Jun 30 2020	n/a	n/a	UK£323m
Mar 31 2020	n/a	n/a	UK£336m
Dec 31 2019	n/a	n/a	UK£301m
Sep 30 2019	UK£2m	UK£765k	UK£266m
Jun 30 2019	n/a	n/a	UK£290m
Mar 31 2019	n/a	n/a	UK£314m
Dec 31 2018	n/a	n/a	UK£305m
Sep 30 2018	UK£1m	UK£538k	UK£295m
Jun 30 2018	n/a	n/a	UK£276m
Mar 31 2018	n/a	n/a	UK£256m
Dec 31 2017	n/a	n/a	UK£257m
Sep 30 2017	UK£2m	UK£519k	UK£257m

Compensation vs Market: Steve's total compensation ($USD5.00M) is below average for companies of similar size in the US market ($USD13.51M).

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

CEO

Steve Hare (62 yo)

5.4yrs

Tenure

UK£4,000,000

Compensation

Mr. Stephen Hare, also known as Steve, BA, ACA, B.com is Chief Executive Officer of The Sage Group plc since November 2, 2018. He has been Executive Director of The Sage Group plc since January 3, 2014 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stephen Hare	CEO & Executive Director	5.4yrs	UK£4.00m	0.052% £ 7.6m
Jonathan Anton Howell	CFO & Director	5.3yrs	UK£2.72m	0.023% £ 3.4m
Aaron Harris	Chief Technology Officer	5yrs	no data	0.039% £ 5.6m
James Sandford	Vice President of Investor Relations	no data	no data	no data
Victoria Bradin	General Counsel & Company Secretary	7.5yrs	no data	0.0083% £ 1.2m
Catherine Keers	Chief Marketing Officer	3.6yrs	UK£45.00k	0.0057% £ 833.8k
Amanda Cusdin	Chief People Officer	6.5yrs	no data	0.013% £ 1.9m
Rainer Downar	Managing Director of Central Europe	no data	no data	no data
Derk Bleeker	Chief Commercial Officer	2.5yrs	no data	0.016% £ 2.3m
Amy Lawson	Chief Corporate Affairs Officer	3.3yrs	no data	0.0068% £ 987.6k
Walid Abu-Hadba	Chief Product Officer	3.3yrs	no data	0.019% £ 2.8m
Eduardo Rosini	Chief Growth Officer	less than a year	no data	no data

4.3yrs

Average Tenure

57.5yo

Average Age

Experienced Management: SGGE.F's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Stephen Hare	CEO & Executive Director	10.3yrs	UK£4.00m	0.052% £ 7.6m
Jonathan Anton Howell	CFO & Director	10.9yrs	UK£2.72m	0.023% £ 3.4m
Andrew Duff	Independent Non-Executive Chairman	2.9yrs	UK£400.00k	0.0013% £ 190.0k
John Bates	Independent Non-Executive Director	4.9yrs	UK£70.00k	0.0017% £ 242.2k
Annette Court	Senior Independent Non-Executive Director	5yrs	UK£90.00k	0.00063% £ 91.4k
Derek Harding	Independent Non-Executive Director	3.1yrs	UK£63.00k	0.0010% £ 145.0k
Jonathan Michael Bewes	Independent Non-Executive Director	5yrs	UK£90.00k	0.0010% £ 145.0k
Sangeeta Anand	Independent Non-Executive Director	3.9yrs	UK£82.00k	0.00010% £ 14.5k
Roisin Jane Donnelly	Independent Non-Executive Director	1.2yrs	UK£46.00k	0.0010% £ 145.0k
Maggie Jones	Independent Non-Executive Director	1.3yrs	UK£70.00k	0.0010% £ 145.0k

4.4yrs

Average Tenure

61yo

Average Age

Experienced Board: SGGE.F's board of directors are considered experienced (4.4 years average tenure).

Sage Group Management

Management criteria checks 3/4

Key information

Recent management updates

Sage Names Mark Hickman as New Managing Director of North America

The Sage Group plc, Annual General Meeting, Feb 01, 2024

the Sage Group plc Announces Directorate Change

The Sage Group plc Announces Committee Appointments

The Sage Group plc, Annual General Meeting, Feb 02, 2023

The Sage Group plc Appoints Roisin Donnelly as Non-Executive Director, Effective 3 February 2023

Recent updates

Sage Names Mark Hickman as New Managing Director of North America

The Sage Group plc to Report Fiscal Year 2024 Results on Nov 20, 2024

The Sage Group plc, Annual General Meeting, Feb 01, 2024

The Sage Group plc to Report First Half, 2024 Results on May 16, 2024

The Sage Group plc (LSE:SGE) announces an Equity Buyback for £350 million worth of its shares.

The Sage Group plc Proposes Final Dividend for the Financial Year Ended 30 September 2023, Payable on 9 February 2024

Sage Releases New Product Updates in Sage Intacct for Increased Automation, Debuts, Debuts, and Even Strong Compliance

the Sage Group plc Announces Directorate Change

The Sage Group plc Provides Earnings Guidance for the Fiscal Year 2023

The Sage Group plc to Report Fiscal Year 2023 Results on Nov 22, 2023

The Sage Group plc Announces Committee Appointments

The Sage Group plc to Report First Half, 2023 Results on May 17, 2023

The Sage Group plc, Annual General Meeting, Feb 02, 2023

The Sage Group plc Appoints Roisin Donnelly as Non-Executive Director, Effective 3 February 2023

The Sage Group plc Proposes Final Dividend for the Financial Year Ended 30 September 2022, Payable on 10 February 2023

the Sage Group plc Announces Appointment of Maggie Chan Jones to Its Board as A Non-Executive Director with Effect from 1 December 2022

The Sage Group plc (LSE:SGE) acquired Spherics.

The Sage Group plc (LSE:SGE) acquired Spherics.

The Sage Group plc (LSE:SGE) completed the acquisition of Lockstep Network, Inc.

The Sage Group plc (LSE:SGE) agreed to acquire Lockstep Network, Inc.

The Sage Group plc (LSE:SGE) agreed to acquire Lockstep Network, Inc.

Sage Launches Sage Payroll to Simplify Accounting, Payroll and HR Processes for Small Businesses

The Sage Group plc Announces Stepdown of Irana Wasti as Non-Executive Director

the Sage Group plc Announces the Availability of Sage Intacct 2022 Release 2

Sage Launches Cloud-Based Accounting Solution for Property Managers

The Sage Group plc (LSE:SGE) acquired FUTRLI LTD.

Sage Adds New AI Capability to Further Augment Digital Transformation for CFOs

The Sage Group plc Reiterates Earnings Guidance for the Full Year 2021; Provides Earnings Guidance for the Year 2022

The Sage Group plc (LSE:SGE) completed the acquisition of remaining 83% stake in Brightpearl Limited.

The Sage Group plc (LSE:SGE) agreed to acquire remaining 83% stake in Brightpearl Limited for approximately $300 million.

Infoniqa Holding GmbH completed the acquisition of Swiss business of The Sage Group plc (LSE:SGE).

Sage Announces New Improvements to Sage Accounting to Drive Efficiencies for Small Business Customers in Canada

Sage Announces the Launch of Sage People U.S. Benefits

Access UK Limited completed the acquisition of businesses in Asia And Australia from The Sage Group plc (LSE:SGE).

the Sage Group plc Declares Interim Dividend, Payable on 18 June 2021

Sage Empowers SaaS Companies to Accelerate Their Business Growth with Launch of Sage Intacct in AWS Marketplace

The Sage Group plc Announces Executive Changes

The Sage Group plc Appoints Derek Harding as Independent Non-Executive Director

Banyan Treatment Center Uses Insights from Sage Intacct to Save $1 Million Annually

Welary Investments agreed to acquire The Sage Group plc (LSE:SGE).

Access UK Limited entered into an agreement to acquire businesses in Asia And Australia from The Sage Group plc (LSE:SGE) for £95 million.

The Sage Group plc, Annual General Meeting, Feb 04, 2021

Sage Launches New Sage Business Cloud Marketplace in Canada

Sage Announces New TaxCycle™ Integration with Sage Accounting

Nelo Investments completed the acquisition of Brazilian business from The Sage Group plc (LSE:SGE).

The Sage Group plc (LSE:SGE) agreed to acquire Intacct Corporation from Bessemer Venture Partners, Hummer Winblad Venture Partners, Split Rock Partners, LLC, Battery Ventures, Emergence Capital Partners and others for $850 million.

Sage Launches Next Gen AI Timesheets App for Sage Intacct to Help Services Businesses Reduce Revenue Leakage

Elavon Inc. completed the acquisition of Sage Pay business from The Sage Group plc (LSE:SGE).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age