Celtic plc's (LON:CCP) CEO Compensation Is Looking A Bit Stretched At The Moment

Simply Wall St · 11/15/2025 07:33

Key Insights

  • Celtic's Annual General Meeting to take place on 21st of November
  • Salary of UK£518.6k is part of CEO Michael Gordon Nicholson's total remuneration
  • The total compensation is 110% higher than the average for the industry
  • Celtic's EPS grew by 79% over the past three years while total shareholder return over the past three years was 58%

Under the guidance of CEO Michael Gordon Nicholson, Celtic plc (LON:CCP) has performed reasonably well recently. As shareholders go into the upcoming AGM on 21st of November, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. However, some shareholders may still be hesitant of being overly generous with CEO compensation.

View our latest analysis for Celtic

How Does Total Compensation For Michael Gordon Nicholson Compare With Other Companies In The Industry?

At the time of writing, our data shows that Celtic plc has a market capitalization of UK£164m, and reported total annual CEO compensation of UK£822k for the year to June 2025. That's mostly flat as compared to the prior year's compensation. In particular, the salary of UK£518.6k, makes up a huge portion of the total compensation being paid to the CEO.

For comparison, other companies in the British Entertainment industry with market capitalizations ranging between UK£76m and UK£304m had a median total CEO compensation of UK£392k. This suggests that Michael Gordon Nicholson is paid more than the median for the industry.

Component 2025 2024 Proportion (2025)
Salary UK£519k UK£489k 63%
Other UK£303k UK£347k 37%
Total Compensation UK£822k UK£836k 100%

On an industry level, around 71% of total compensation represents salary and 29% is other remuneration. In Celtic's case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

ceo-compensation
AIM:CCP CEO Compensation November 15th 2025

A Look at Celtic plc's Growth Numbers

Celtic plc's earnings per share (EPS) grew 79% per year over the last three years. Its revenue is up 15% over the last year.

Overall this is a positive result for shareholders, showing that the company has improved in recent years. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Celtic plc Been A Good Investment?

Boasting a total shareholder return of 58% over three years, Celtic plc has done well by shareholders. 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...

Seeing that the company has put up a decent performance, only a few shareholders, if any at all, might have questions about the CEO pay in the upcoming AGM. However, any decision to raise CEO pay might be met with some objections from the shareholders given that the CEO is already paid higher than the industry average.

CEO compensation can have a massive impact on performance, but it's just one element. We did our research and spotted 2 warning signs for Celtic that investors should look into moving forward.

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.