Compensation
Fiscal year 2024
- No Item 6.B compensation disclosure found in provided excerpt.
- The Directors' remuneration for the fiscal year ended December 31, 2024, was in line with the policy approved by shareholders in May 2023.
- CEO Damian Gammell's total remuneration for 2024 was £13.902 million, reflecting strong business performance and leadership.
- Annual bonuses are determined by a Business Performance Factor (BPF) based on operating profit, revenue, and operating free cash flow, and an Individual Performance Factor (IPF).
- The 2022 Long-Term Incentive Plan (LTIP) awards, measured over three years, vested at 1.85x target after the Remuneration Committee applied downward discretion, considering EPS, ROIC, and CO2e reduction targets.
- The CEO's final LTIP vesting value for 2024 was £10.2 million, including a significant benefit from share price appreciation and dividend equivalents.
- Malus and clawback provisions are applicable to both annual bonus and LTIP awards as per the remuneration policy.
Key figures
- Damian Gammell CEO - Salary 2024
- $1,605,624(£000)
- Damian Gammell CEO - Taxable benefits 2024
- $95,573(£000)
- Damian Gammell CEO - Pension 2024
- $35,670(£000)
- Damian Gammell CEO - Annual bonus 2024
- $2,984,539(£000)
- Damian Gammell CEO - Long-term incentives 2024
- $12,990,667(£000)
- Damian Gammell CEO - Total remuneration 2024
- $17,706,473(£000)
- Sol Daurella - Total fees 2024
- $803,327(£000)
- Manolo Arroyo - Total fees 2024
- $154,290(£000)
- Guillaume Bacuvier - Total fees 2024
- $125,081(£000)
- John Bryant - Total fees 2024
- $195,088(£000)
- José Ignacio Comenge - Total fees 2024
- $140,173(£000)
- Nathalie Gaveau - Total fees 2024
- $154,290(£000)
- Álvaro Gómez-Trénor Aguilar - Total fees 2024
- $121,059(£000)
- Mary Harris - Total fees 2024
- $165,659(£000)
- Thomas H. Johnson - Total fees 2024
- $231,823(£000)
- Dagmar Kollmann - Total fees 2024
- $193,698(£000)
- Alfonso Líbano Daurella - Total fees 2024
- $132,527(£000)
- Nicolas Mirzayantz - Total fees 2024
- $155,565(£000)
- Mark Price - Total fees 2024
- $161,836(£000)
- Nancy Quan - Total fees 2024
- $141,447(£000)
- Mario Rotllant Solá - Total fees 2024
- $163,110(£000)
- Dessi Temperley - Total fees 2024
- $172,031(£000)