Centrica Management

Management criteria checks 2/4

Centrica's CEO is Chris O'Shea, appointed in Mar 2020, has a tenure of 4.67 years. total yearly compensation is £8.23M, comprised of 9.8% salary and 90.2% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $8.46M. The average tenure of the management team and the board of directors is 4.1 years and 2.7 years respectively.

Key information

Chris O'Shea

Chief executive officer

UK£8.2m

Total compensation

CEO salary percentage9.8%
CEO tenure4.7yrs
CEO ownership0.1%
Management average tenure4.1yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris O'Shea's remuneration changed compared to Centrica's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

UK£1b

Mar 31 2024n/an/a

UK£3b

Dec 31 2023UK£8mUK£810k

UK£4b

Sep 30 2023n/an/a

UK£4b

Jun 30 2023n/an/a

UK£4b

Mar 31 2023n/an/a

UK£2b

Dec 31 2022UK£4mUK£790k

-UK£782m

Sep 30 2022n/an/a

-UK£901m

Jun 30 2022n/an/a

-UK£1b

Mar 31 2022n/an/a

-UK£217m

Dec 31 2021UK£875kUK£775k

UK£586m

Sep 30 2021n/an/a

UK£700m

Jun 30 2021n/an/a

UK£814m

Mar 31 2021n/an/a

UK£270m

Dec 31 2020UK£765kUK£659k

-UK£274m

Jun 30 2020n/an/a

-UK£759m

Mar 31 2020n/an/a

-UK£861m

Dec 31 2019UK£752kUK£620k

-UK£964m

Sep 30 2019n/an/a

-UK£814m

Jun 30 2019n/an/a

-UK£605m

Mar 31 2019n/an/a

-UK£211m

Dec 31 2018UK£394kUK£191k

UK£183m

Compensation vs Market: Chris's total compensation ($USD10.31M) is about average for companies of similar size in the US market ($USD7.94M).

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


CEO

Chris O'Shea (51 yo)

4.7yrs

Tenure

UK£8,231,000

Compensation

Mr. Christopher O'Shea, also known as Chris is an Independent Director at ITT Inc since May 15, 2024. Mr. O’Shea has served as the CEO of Centrica plc since 2020 and also sits on Centrica’s Board of Direct...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher O'Shea
Group Chief Executive & Executive Director4.7yrsUK£8.23m0.11%
$ 8.5m
Russell O'Brien
Group CFO & Executive Director1.7yrsUK£1.30m0.0087%
$ 679.8k
Martyn Espley
Head of Investor Relationsno datano datano data
Rajarshi Roy
Group General Counsel & Company Secretary4.1yrsno datano data
Jill Shedden
Group Chief People Officer13.3yrsno datano data
Jim Rushen
Group Head of Environmentno datano datano data
Rob Simister
Head of Fleet - British Gas2.1yrsno datano data

4.1yrs

Average Tenure

50.5yo

Average Age

Experienced Management: CPYY.Y's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher O'Shea
Group Chief Executive & Executive Director6yrsUK£8.23m0.11%
$ 8.5m
Russell O'Brien
Group CFO & Executive Director1.7yrsUK£1.30m0.0087%
$ 679.8k
Kevin O'Byrne
Senior Independent Director5.5yrsUK£100.00k0.0055%
$ 431.8k
Jonathan Wheway
Independent Chairman of the Board8.5yrsUK£418.00k0.0022%
$ 169.8k
Nathan Bostock
Independent Non-Executive Director2.5yrsUK£97.00k0.00053%
$ 41.5k
Philippe François Boisseau
Independent Non-Executive Director1.2yrsUK£25.00k0.00022%
$ 17.2k
Heidi Mottram
Independent Non-Executive Director4.8yrsUK£96.00k0.00020%
$ 15.6k
Sue Whalley
Independent Non-Executive Directorless than a yearUK£6.00k0.00027%
$ 21.1k
Jo Harlow
Independent Non-Executive Directorless than a yearUK£6.00kno data
Carol Arrowsmith
Independent Non-Executive Director4.4yrsUK£96.00k0.00097%
$ 75.9k
Amber Rudd
Independent Non-Executive Director2.8yrsUK£76.00k0.0011%
$ 88.4k
Chanderpreet Duggal
Independent Non-Executive Director1.9yrsUK£76.00k0.00030%
$ 23.5k

2.7yrs

Average Tenure

60yo

Average Age

Experienced Board: CPYY.Y's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.