CEO Martin Whitaker has done a decent job of delivering relatively good performance at Diurnal Group plc (LON:DNL) recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 19 November 2021. However, some shareholders may still want to keep CEO compensation within reason.
See our latest analysis for Diurnal Group
How Does Total Compensation For Martin Whitaker Compare With Other Companies In The Industry?
At the time of writing, our data shows that Diurnal Group plc has a market capitalization of UK£100m, and reported total annual CEO compensation of UK£487k for the year to June 2021. That's slightly lower by 4.9% over the previous year. Notably, the salary which is UK£263.0k, represents a considerable chunk of the total compensation being paid.
For comparison, other companies in the industry with market capitalizations below UK£149m, reported a median total CEO compensation of UK£252k. This suggests that Martin Whitaker is paid more than the median for the industry. What's more, Martin Whitaker holds UK£535k worth of shares in the company in their own name.
| Component | 2021 | 2020 | Proportion (2021) |
| Salary | UK£263k | UK£255k | 54% |
| Other | UK£224k | UK£257k | 46% |
| Total Compensation | UK£487k | UK£512k | 100% |
Talking in terms of the industry, salary represented approximately 53% of total compensation out of all the companies we analyzed, while other remuneration made up 47% of the pie. Diurnal Group is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
A Look at Diurnal Group plc's Growth Numbers
Over the past three years, Diurnal Group plc has seen its earnings per share (EPS) grow by 64% per year. Its revenue is down 31% over the previous year.
This demonstrates that the company has been improving recently and is good news for the shareholders. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.
Has Diurnal Group plc Been A Good Investment?
Boasting a total shareholder return of 113% over three years, Diurnal Group plc has done well by shareholders. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.
To Conclude...
Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.