Shareholders Will Probably Not Have Any Issues With Croma Security Solutions Group plc's (LON:CSSG) CEO Compensation

In This Article:

Key Insights

  • Croma Security Solutions Group's Annual General Meeting to take place on 1st of December

  • Total pay for CEO Roberto Fiorentino includes UK£250.0k salary

  • The total compensation is similar to the average for the industry

  • Croma Security Solutions Group's total shareholder return over the past three years was 12% while its EPS grew by 5.2% over the past three years

Under the guidance of CEO Roberto Fiorentino, Croma Security Solutions Group plc (LON:CSSG) has performed reasonably well recently. In light of this performance, CEO compensation will probably not be the main focus for shareholders as they go into the AGM on 1st of December. Based on our analysis of the data below, we think CEO compensation seems reasonable for now.

See our latest analysis for Croma Security Solutions Group

How Does Total Compensation For Roberto Fiorentino Compare With Other Companies In The Industry?

At the time of writing, our data shows that Croma Security Solutions Group plc has a market capitalization of UK£9.0m, and reported total annual CEO compensation of UK£254k for the year to June 2023. That's a fairly small increase of 3.7% over the previous year. In particular, the salary of UK£250.0k, makes up a huge portion of the total compensation being paid to the CEO.

For comparison, other companies in the British Electronic industry with market capitalizations below UK£159m, reported a median total CEO compensation of UK£268k. From this we gather that Roberto Fiorentino is paid around the median for CEOs in the industry. Furthermore, Roberto Fiorentino directly owns UK£2.6m worth of shares in the company, implying that they are deeply invested in the company's success.

Component

2023

2022

Proportion (2023)

Salary

UK£250k

UK£241k

98%

Other

UK£4.0k

UK£4.0k

2%

Total Compensation

UK£254k

UK£245k

100%

On an industry level, roughly 76% of total compensation represents salary and 24% is other remuneration. Croma Security Solutions Group has gone down a largely traditional route, paying Roberto Fiorentino a high salary, giving it preference over non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

ceo-compensation
AIM:CSSG CEO Compensation November 25th 2023

Croma Security Solutions Group plc's Growth

Over the past three years, Croma Security Solutions Group plc has seen its earnings per share (EPS) grow by 5.2% per year. It achieved revenue growth of 38% over the last year.

We like the look of the strong year-on-year improvement in revenue. With that in mind, the modestly improving EPS seems positive. So while we'd stop short of saying growth is absolutely outstanding, there are definitely some clear positives! While we don't have analyst forecasts for the company, shareholders might want to examine this detailed historical graph of earnings, revenue and cash flow.