The Men and Women Who Run Capita PLC (CPI)

Page 1 of 2

LONDON — Management can make all the difference to a company’s success and thus its share price.

The best companies are those run by talented and experienced leaders with strong vested interests in the success of the business, held in check by a board with sound financial and business acumen. Some of the worst investments to hold are those run by executives collecting fat rewards as the underlying business goes to pot.

In this series, I’m assessing the boardrooms of companies within the FTSE 100. I hope to separate the management teams that are worth following from those that are not. Today, I am looking at Capita PLC (LON:CPI), the business process outsourcing company that collects TV licenses and council tax and runs army recruitment.

Here are the key directors:

Director Position
Martin Bolland (non-exec) Chairman
Paul Pindar Chief Executive
Gordon Hurst Finance Director
Andy Parker Deputy CEO and Joint Chief Operating Officer
Vic Gysin Joint Chief Operating Officer
Maggi Bell Business Development Director

Accountants
A chartered accountant, Martin Bolland joined the board in 2008 and became chairman in 2010. He joined Lonrho when it was a sprawling conglomerate under Tiny Rowland in 1981, serving as a divisional CEO from 1986 to 1996. He co-founded private equity firm Alchemy Partners in 1997 and was a partner for 11 years. He has had no other FTSE 100 directorships.

Also a chartered accountant, Paul Pindar joined Capita PLC (LON:CPI) from 3i Group plc (LON:III) in 1987, shortly after 3i Group plc (LON:III) backed the 330,000 pound management buyout of Capita PLC (LON:CPI) from the Chartered Institute of Public Finance and Accountancy. He was appointed managing director in 1991 when Capita PLC (LON:CPI) listed on the LSE and CEO in 1999.

Exponential growth
However, during this time of exponential growth, Capita PLC (LON:CPI) was run by founder and executive chairman Sir Rodney Aldridge, who resigned in 2006 when it emerged he had secretly lent 1 million pounds to the Labour Party. Since Sir Rodney’s departure, Capita PLC (LON:CPI)’s shares have risen more than 90%, far outstripping the FTSE 100 but only marginally better than nearest peer Serco Group plc (LON:SRP)‘s 80%.

A third chartered accountant, Gordon Hurst joined Capita in 1988 and became finance director in 1996. He is also the company secretary.

Maggi Bell, Andy Parker, and Vic Gysin are a newer generation. Bell, formerly operations director of Manpower, joined Capita in 1999 and the board in 2008. Parker and Gysin joined the company is 2001 and 2002 respectively, and joined the board in 2011. Parker, a chartered accountant, was elevated to deputy CEO last month, potentially lining him up as a successor to Pindar. Gysin is a former army officer.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

The 10 Biggest Outlet Malls in USA

The 5 Most Popular Rap Songs of All Time

The 10 Countries that Eat the Most Meat

The10 Most Expensive Countries to Fly To

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!