Ashley_Almanza

Ashley Almanza

Ashley Almanza

South African businessman

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]

Quick Facts Born, Nationality ...

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]

References

  1. [1]
    "G4S PLC". WSJ. Archived from the original on 2 May 2014. Retrieved 2 May 2014.
  2. [2]
    "G4S chief Almanza survives trial by fire". FT. Retrieved 2 May 2014.
  3. [3]
    "Ashley Almanza". Businessweek. Archived from the original on 17 March 2014. Retrieved 17 March 2014.
  4. [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. [5]
    Hosking, Patrick (11 May 2019). "G4S faces shareholder revolt over chief's retirement pay". The Times.
  6. [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. [7]
    "Noble Corporation Board of Directors". Noble Corporation. Archived from the original on 6 July 2020. Retrieved 2 May 2014.
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