Ashley Almanza

Last updated

Ashley Almanza
Born
Ashley Martin Almanza

1964
NationalitySouth African
Alma mater University of Natal
London Business School
OccupationCEO of G4S

Ashley Martin Almanza (born 1964) [1] is a South African [2] businessman, who has been the chief executive officer (CEO) of G4S plc since 1 June 2013. [3]

Contents

Education

Almanza has a degree in Commerce and a postgraduate diploma in Accounting, both from the University of Natal, South Africa. He later received an MBA from London Business School. [3]

Career

Almanza trained as a chartered accountant.

In 1993, Almanza joined British Gas PLC (now demerged as BG Group and Centrica) as Finance Manager in their Exploration and Production division. After serving in a variety of role, including Group Finance Director of BG Group from August 2002, until he left on 31 March 2011. [3]

On 1 June 2013, he became CEO of G4S plc, replacing Nick Buckles. [4] He faced a pay revolt in 2019 over a £239,638 cash payment he was due to receive to bolster his retirement. The Investment Association, which represents British institutional shareholders, is understood to have given the payment an “amber top” rating, alerting members that it raises potential concerns. [5] According to the Financial Times, Almanza "was paid £1.46m in 2013 – a 23 per cent rise from his predecessor Nick Buckles in 2012". [6]

Almanza is also a director of Schroders and Noble Corporation. [7]

Related Research Articles

<span class="mw-page-title-main">Board of directors</span> Type of governing body for an organisation

A board of directors is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency.

A chief executive officer (CEO) is the highest officer charged with the management of an organization – especially a company or nonprofit institution.

<span class="mw-page-title-main">G4S</span> British multinational private security services company

G4S is a British multinational private security company headquartered in London, England. The company was set up in July 2004 when London-based Securicor amalgamated with Danish firm Group 4 Falck. The company offers a range of services, including the supply of security personnel, monitoring equipment, response units and secure prisoner transportation. G4S also works with governments overseas to deliver security services.

<span class="mw-page-title-main">London Business School</span> Business school affiliated to the University of London

London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees. Its motto is "To have a profound impact on the way the world does business".

<span class="mw-page-title-main">Aviva</span> British insurance company

Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada.

<span class="mw-page-title-main">BG Group</span> Former British multinational oil and gas company

BG Group plc was a British multinational oil and gas company headquartered in Reading, United Kingdom. On 8 April 2015, Royal Dutch Shell announced that it had reached an agreement to acquire BG Group for $70 billion, subject to regulatory and shareholder agreement. The sale was completed on 15 February 2016. Prior to the takeover, BG Group was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In the 2015 Forbes Global 2000, BG Group was ranked as the 583rd largest public company in the world.

Sir Thomas Fulton Wilson McKillop, FRS, FRSE is a Scottish chemist, who was CEO of AstraZeneca PLC from 1999 until 2006 and chairman of the RBS Group from 2006 until 2008.

Colin Morven Sharman, Baron Sharman OBE, is the former British chairman of Aviva Group and former chairman of KPMG International.

First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provides nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and at online outlets for nearly a third of all U.S. debit cards.

Sir Philip Roy Hampton is a British businessman. He was the first chairman of UK Financial Investments Limited in 2008 and chairman of government-owned The Royal Bank of Scotland Group between 2009 and 2015. He has also chaired GlaxoSmithKline and J Sainsbury.

<span class="mw-page-title-main">Good Energy</span>

Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that provides services in the electrification of transport and decentralised renewable energy generation such as domestic solar panels. The company is also an energy retailer, and built a portfolio of wind and solar generation which was sold in 2022. Founded by Juliet Davenport, its CEO is Nigel Pocklington.

Say on pay is a term used for a role in corporate law whereby a firm's shareholders have the right to vote on the remuneration of executives. In the United States this provision was ushered in when the Dodd Frank Act Wall Street Reform and Consumer Protection Act was passed in 2010. While Say on pay is a non-binding, advisory vote, failure reflects shareholder dissatisfaction with executive pay or company performance.

Versapay is a Canadian financial technology company that specializes in account receivable software. It was listed on the TSX Venture Exchange under the symbol VPY between January 2010 and February 2020 when it was acquired by private equity firm Great Hill Partners for $126 million.

<span class="mw-page-title-main">Executive compensation in the United States</span> Pay and benefits for upper management

In the United States, the compensation of company executives is distinguished by the forms it takes and its dramatic rise over the past three decades. Within the last 30 years, executive compensation or pay has risen dramatically beyond what can be explained by changes in firm size, performance, and industry classification. This has received a wide range of criticism leveled against it.

Rangers is a Scottish football club based in Glasgow. They were founded in 1872 and incorporated in 1899, forming the company The Rangers Football Club Ltd. In 2000, then chairman and owner Sir David Murray floated the club on the stock market which subsequently made the private company into a public limited company (PLC).

Nicholas Peter Buckles is a British businessman.

Rakesh Kapoor is an Indian businessman. He was, until September 2019, chief executive (CEO) of Reckitt plc, a UK FTSE-listed multinational consumer goods company, a major producer of health, hygiene and home products.

<span class="mw-page-title-main">Monitise</span>

Monitise Plc was a British company in financial services technology.

Paysafe Limited is a multinational online payments company. Paysafe offers payment processing, digital wallet and online cash solutions to businesses and consumers, with particular experience of serving the global entertainment sectors. The group offers services both under the Paysafe brand and subsidiary brands that have become part of the group through several mergers and acquisitions, most notably Neteller, Skrill, SafetyPay, PagoEfectivo, Paysafecash and paysafecard.

<span class="mw-page-title-main">Nick Read</span> British businessman

Nicholas Jonathan Read is a British businessman. He was the CEO of Vodafone from October 2018 to December 2022.

References

  1. "G4S PLC". WSJ. Archived from the original on 2 May 2014. Retrieved 2 May 2014.
  2. "G4S chief Almanza survives trial by fire". FT. Retrieved 2 May 2014.
  3. 1 2 3 "Ashley Almanza". Businessweek. Archived from the original on 17 March 2014. Retrieved 17 March 2014.
  4. Bowers, Simon (3 November 2013). "G4S boss braced for fireworks as investors say group is too big to handle". The Guardian. Retrieved 2 May 2014.
  5. Hosking, Patrick (11 May 2019). "G4S faces shareholder revolt over chief's retirement pay". The Times.
  6. Powley, Oakley, Tanya, David (14 April 2014). "G4S under fire over chief's pay". www.ft.com. Retrieved 18 January 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. "Noble Corporation Board of Directors". Noble Corporation. Archived from the original on 6 July 2020. Retrieved 2 May 2014.