AIM Directors’ Remuneration Report 2023
It has been a difficult year for public markets, and the Alternative Investment Market (AIM) has not been immune. Geopolitical and economic events have changed the landscape of the AIM 100, with energy companies pulling ahead of many healthcare and technology constituents. At the same time, the bullish investor sentiment witnessed so clearly over the last couple of years has receded in the face of higher borrowing costs and a challenging outlook for the global economy.
For the seventh year running, we have researched the remuneration of directors of AIM listed companies. The latest AIM 100 Directors’ Remuneration Report reveals a strong growth in C-Suite remuneration packages, ahead of volatility that have constrained market activity this year.
Key findings include:
- The median salary for CEOs in 2022 is £386,000 and total median remuneration is £904,000.
- The total median remuneration is £565,000. Median FD and CFO salary is £265,000, an 8% annual increase from three years ago.
- At least 80% of CEOs, FDs and CFOs received a bonus in the current year. Bonuses for CEOs made up 35% of their total remuneration package, compared to FDs and CFOs where bonuses made up 29% on average.
- Gender diversity has improved on AIM 100 boards though representation remains low. One fifth of AIM 100 boards still have no female representation.
Although this report can only provide a snapshot of executive remuneration at a single point in time, we hope it will provide a useful benchmarking resource to allow you to compare your remuneration, and that of your directors, to your peers.