Spirax Group plc (SPX.L)

6,855.00 -55.00 (-0.80%) At close: 04:35PM BST

Spirax Group plc

Charlton House
Cirencester Road
Cheltenham GL53 8ER
United Kingdom
44 1242 535 000
https://www.spiraxgroup.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 10,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Nimesh Balvir Patel B.Sc.	Group Chief Executive & Executive Director	667.75k	N/A	1977
Ms. Louisa Sachiko Burdett ACA, BSc Hons	CFO & Director	N/A	N/A	1968
Ms. Celine Arlette Virginie Barroche	Group General Counsel & Company Secretary	N/A	N/A	1974
Mr. Jim Devine	Group Human Resources Director	N/A	N/A	N/A
Mr. Dan Harvey	Head of Internal Audit	N/A	N/A	N/A
Mr. Andrew Mines	Managing Director of Electric Thermal Solutions	N/A	N/A	1972
Ms. Sarah Peers	Group Director of Sustainability	N/A	N/A	N/A
Mr. Maurizio Preziosa	Managing Director of Steam Specialties	N/A	N/A	N/A
Ms. Jennifer Forrester	Head of Employee Experience	N/A	N/A	N/A
Mr. Darren Towers	Head of Inclusion, Diversity & Wellbeing	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications. The company serves pharmaceutical and biotechnology, food, beverage, oil, gas, chemical, power generation, healthcare, water and wastewater, buildings, mining and precious metal processing, semiconductor, and transport sectors, as well as original equipment manufacturers. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. The company was formerly known as Spirax-Sarco Engineering plc and changed its name to Spirax Group PLC in June 2024. Spirax Group PLC was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Corporate governance

Spirax Group plc’s ISS governance QualityScore as of 1 October 2024 is 2. The pillar scores are Audit: 4; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.