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Key Insights

• Reach will host its Annual General Meeting on 2nd of May

• Total pay for CEO Jim Mullen includes UK£504.0k salary

• The total compensation is 34% less than the average for the industry

• Reach's three-year loss to shareholders was 62% while its EPS grew by 78% over the past three years

Shareholders may be wondering what CEO Jim Mullen plans to do to improve the less than great performance at Reach plc (LON:RCH) recently. At the next AGM coming up on 2nd of May, they can influence managerial decision making through voting on resolutions, including executive remuneration. Setting appropriate executive remuneration to align with the interests of shareholders may also be a way to influence the company performance in the long run. We think CEO compensation looks appropriate given the data we have put together.

View our latest analysis for Reach

Comparing Reach plc's CEO Compensation With The Industry

At the time of writing, our data shows that Reach plc has a market capitalization of UK£218m, and reported total annual CEO compensation of UK£564k for the year to December 2023. That is, the compensation was roughly the same as last year. In particular, the salary of UK£504.0k, makes up a huge portion of the total compensation being paid to the CEO.

In comparison with other companies in the British Media industry with market capitalizations ranging from UK£80m to UK£320m, the reported median CEO total compensation was UK£858k. Accordingly, Reach pays its CEO under the industry median. Moreover, Jim Mullen also holds UK£513k worth of Reach stock directly under their own name.

Talking in terms of the industry, salary represented approximately 55% of total compensation out of all the companies we analyzed, while other remuneration made up 45% of the pie. Reach is paying a higher share of its remuneration through a salary in comparison to the overall industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

Reach plc's Growth

Reach plc's earnings per share (EPS) grew 78% per year over the last three years. It saw its revenue drop 5.4% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. While it would be good to see revenue growth, profits matter more in the end. Historical performance can sometimes be a good indicator on what's coming up next but if you want to peer into the company's future you might be interested in this free visualization of analyst forecasts.