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Here's What We Think About Tricorn Group plc's (LON:TCN) CEO Pay

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Mike Welburn has been the CEO of Tricorn Group plc (LON:TCN) since 2007. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. This process should give us an idea about how appropriately the CEO is paid.

Check out our latest analysis for Tricorn Group

How Does Mike Welburn's Compensation Compare With Similar Sized Companies?

At the time of writing our data says that Tricorn Group plc has a market cap of UK£6.3m, and is paying total annual CEO compensation of UK£257k. (This is based on the year to March 2018). While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at UK£150k. We examined a group of similar sized companies, with market capitalizations of below UK£158m. The median CEO total compensation in that group is UK£247k.

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So Mike Welburn receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.

You can see a visual representation of the CEO compensation at Tricorn Group, below.

AIM:TCN CEO Compensation, May 29th 2019
AIM:TCN CEO Compensation, May 29th 2019

Is Tricorn Group plc Growing?

Tricorn Group plc has increased its earnings per share (EPS) by an average of 101% a year, over the last three years (using a line of best fit). In the last year, its revenue is up 5.3%.

This demonstrates that the company has been improving recently. A good result. It's also good to see modest revenue growth, suggesting the underlying business is healthy. It could be important to check this free visual depiction of what analysts expect for the future.

Has Tricorn Group plc Been A Good Investment?

I think that the total shareholder return of 78%, over three years, would leave most Tricorn Group plc shareholders smiling. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary...

Mike Welburn is paid around the same as most CEOs of similar size companies.

Few would be critical of the leadership, since returns have been juicy and earnings per share are moving in the right direction. So one could argue the CEO compensation is quite modest, if you consider company performance! Shareholders may want to check for free if Tricorn Group insiders are buying or selling shares.

Arguably, business quality is much more important than CEO compensation levels. So check out this free list of interesting companies, that have HIGH return on equity and low debt.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.