SSE Management

Management criteria checks 4/4

SSE's CEO is Alistair Phillips-Davies, appointed in Jul 2013, has a tenure of 10.75 years. total yearly compensation is £4.63M, comprised of 20.6% salary and 79.4% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth $7.44M. The average tenure of the management team and the board of directors is 6.3 years and 3.8 years respectively.

Key information

Alistair Phillips-Davies

Chief executive officer

UK£4.6m

Total compensation

CEO salary percentage	20.6%
CEO tenure	10.8yrs
CEO ownership	0.03%
Management average tenure	6.3yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alistair Phillips-Davies's remuneration changed compared to SSE's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	UK£578m
Jun 30 2023	n/a	n/a	UK£210m
Mar 31 2023	UK£5m	UK£952k	-UK£158m
Dec 31 2022	n/a	n/a	UK£433m
Sep 30 2022	n/a	n/a	UK£1b
Jun 30 2022	n/a	n/a	UK£2b
Mar 31 2022	UK£5m	UK£924k	UK£3b
Dec 31 2021	n/a	n/a	UK£3b
Sep 30 2021	n/a	n/a	UK£3b
Jun 30 2021	n/a	n/a	UK£2b
Mar 31 2021	UK£3m	UK£915k	UK£2b
Dec 31 2020	n/a	n/a	UK£2b
Sep 30 2020	n/a	n/a	UK£1b
Jun 30 2020	n/a	n/a	UK£714m
Mar 31 2020	UK£2m	UK£890k	UK£420m
Dec 31 2019	n/a	n/a	UK£1b
Sep 30 2019	n/a	n/a	UK£2b
Jun 30 2019	n/a	n/a	UK£1b
Mar 31 2019	UK£2m	UK£890k	UK£1b
Dec 31 2018	n/a	n/a	UK£707m
Sep 30 2018	n/a	n/a	UK£71m
Jun 30 2018	n/a	n/a	UK£360m
Mar 31 2018	UK£3m	UK£864k	UK£650m

Compensation vs Market: Alistair's total compensation ($USD5.76M) is below average for companies of similar size in the US market ($USD13.05M).

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

CEO

Alistair Phillips-Davies (56 yo)

10.8yrs

Tenure

UK£4,627,000

Compensation

Mr. Alistair Phillips-Davies serves as Independent Non-Executive Director of Anglian Water Services Limited from November 23, 2022. He has been the Chief Executive Officer of SSE plc since July 1, 2013. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alistair Phillips-Davies	CEO & Executive Director	10.8yrs	UK£4.63m	0.034% £ 7.4m
Martin Pibworth	Chief Commercial Officer & Executive Director	7.3yrs	UK£2.58m	0.013% £ 2.7m
Barry O'regan	CFO & Executive Director	less than a year	no data	0% £ 0
Anthony Keeling	COO & Co-Head of Retail	no data	no data	no data
Elizabeth Tanner	General Counsel & Company Secretary	5.1yrs	no data	no data
John Stewart	Director of Human Resources	14.8yrs	no data	no data
Robert McDonald	Managing Director of SSEN Transmission	5.3yrs	no data	no data
Sam Peacock	Managing Director of Corporate Affairs	no data	no data	no data
Neil Kirkby	Managing Director of Enterprise	7.3yrs	no data	no data
Ashar Khan	Head of the CIO Office	no data	no data	no data
Rachel McEwen	Chief Sustainability Officer	no data	no data	no data
Christopher Burchell	Managing Director of SSEN Distribution	3.4yrs	no data	no data

6.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: SSEZ.Y's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alistair Phillips-Davies	CEO & Executive Director	22.3yrs	UK£4.63m	0.034% £ 7.4m
Martin Pibworth	Chief Commercial Officer & Executive Director	6.6yrs	UK£2.58m	0.013% £ 2.7m
Barry O'regan	CFO & Executive Director	less than a year	no data	0% £ 0
John Bason	Independent Non-Executive Director	1.8yrs	UK£62.00k	0.00019% £ 41.6k
Helen Mahy	Senior Independent Director	8.1yrs	UK£90.00k	0.00030% £ 65.7k
Anthony Cocker	Independent Non-Executive Director	5.9yrs	UK£109.00k	0.00046% £ 100.8k
John Manzoni	Chairman of the Board	3.6yrs	UK£412.00k	0.00024% £ 52.6k
Deborah Crosbie	Independent Non-Executive Director	2.6yrs	UK£75.00k	0.00018% £ 39.4k
Angela Rosemary Strank	Independent Non-Executive Director	3.9yrs	UK£75.00k	0.00020% £ 43.8k
Maarten Wetselaar	Independent non-Executive Director	less than a year	no data	no data
Melanie Smith	Independent Non-Executive Director	5.3yrs	UK£75.00k	0.00020% £ 43.8k
Elish Angiolini	Independent Non-Executive Director	2.6yrs	UK£75.00k	0.00018% £ 39.4k

3.8yrs

Average Tenure

59yo

Average Age

Experienced Board: SSEZ.Y's board of directors are considered experienced (3.8 years average tenure).

SSE Management

Management criteria checks 4/4

Key information

Recent management updates

SSE Thermal Appoints Finlay McCutcheon as the New Managing Director

SSE plc Announces Directorate Change

SSE Appoints Catherine Raw to Executive Committee

SSE plc, Annual General Meeting, Jul 20, 2023

Sse plc Appoints John Bason as Non-Executive Director, Effective from June 1, 2022

SSE plc Announces Retirement of Richard Gillingwater as the Chair and Director of the Board, Effective March 31, 2021

Recent updates

SSE Thermal Appoints Finlay McCutcheon as the New Managing Director

SSE plc to Report Fiscal Year 2024 Results on May 22, 2024

SSE plc Announces Directorate Change

SSE plc Announces Final Dividend for the Year Ending 31 March 2023, Payable 21 September 2023

SSE plc to Report First Half, 2024 Results on Nov 15, 2023

SSE plc Declares Interim Dividend for the Year ended 31 March 2023

SSE plc Provides Dividend Guidance for the Fiscal Year 2024/25 and 2025/26

SSE Appoints Catherine Raw to Executive Committee

Ontario Teachers' Pension Plan Board has reached agreement to acquire a 25% stake in Scottish Hydro Electric Transmission plc from SSE plc (LSE:SSE) for £1.5 billion.

SSE plc, Annual General Meeting, Jul 20, 2023

SSE plc (LSE:SSE) announces an Equity Buyback for 106,767,170 shares, representing 10% of its issued share capital, under the authorization approved on July 21, 2022.

SSE plc (LSE:SSE) and Equinor ASA (OB:EQNR) entered into an agreement to acquire Triton Power Holdings Ltd from Energy Capital Partners for a total consideration of £340 million.

SSE plc to Report First Half, 2023 Results on Nov 16, 2022

Sse plc Announces Final Dividend for the Year Ending March 31, 2022, Payable on September 22, 2022

Sse plc Appoints John Bason as Non-Executive Director, Effective from June 1, 2022

SSE Reportedly in Talks to Acquire Siemens Gamesa Wind Farm Unit

SSE plc Announces Interim Dividend for the Year Ended 31 March 2022

Elliott Renews Push to Break Up SSE Plc

SSE Declares No Plans to Break Up

SSE Reportedly Close to Being Split Up After Activist Campaign

Elliott Management Demands the Break-Up of SSE Plc

SSE plc (LSE:SSE) acquired 50MW Battery Storage Asset of Harmony Energy Ltd from Harmony Energy Ltd.

SSE plc Recommends Final Dividend for the Year Ended March 31, 2021, Payable on 23 September 2021

SSE plc Announces Retirement of Richard Gillingwater as the Chair and Director of the Board, Effective March 31, 2021

European Diversified Infrastructure Fund III managed by First Sentier Investors (Australia) IM Ltd completed the acquisition of 50% stake in 75 MW Multi-fuel facilities at Ferrybridge site and 45 MW facility at Skelton Grange in West Yorkshire from SSE plc (LSE:SSE).

RockRose Energy PLC agreed to acquire an unknown stake in Portfolio of gas exploration and production (E&P) assets in three regions in the North Sea from SSE plc (LSE:SSE) for £120 million.

SSE plc to Report Q3, 2021 Results on Feb 02, 2021

SSE plc Promotes Martin Pibworth to Its Newly Created Role of Group Energy and Commercial Director Effective 1 November 2020

SSE plc Provides Earnings Guidance for the Fiscal 2021

SSE plc Announces Directorate Change

Equitix Limited signed an agreement to acquire Maple TopCo Limited from SSE plc (LSE:SSE), Ontario Teachers' Pension Plan Board and OMERS Infrastructure Management Inc.

Greencoat UK Wind PLC (LSE:UKW) managed by Greencoat Capital LLP agreed to acquire 25.1% stake in Walney (UK) Offshore Windfarms Limited from SSE plc (LSE:SSE) for £350 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age