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Paragon Banking Group PLC (PAG.L)

LSE - LSE Delayed Price. Currency in GBp (0.01 GBP)
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496.00+0.60 (+0.12%)
As of 02:52PM BST. Market open.
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Paragon Banking Group PLC

51 Homer Road
Solihull B91 3QJ
United Kingdom
44 34 5849 4000
https://www.paragonbankinggroup.co.uk

Sector(s)Financial Services
IndustryMortgage Finance
Full Time Employees1,507

Key Executives

NameTitlePayExercisedYear Born
Mr. Nigel S. TerringtonChief Exec. & Director1.74M35.67k1960
Mr. Richard J. WoodmanCFO & Director1.1M37.75k1966
Ms. Pamela Elizabeth RowlandChief Operating OfficerN/AN/A1961
Mr. Marius Van NiekerkGen. Counsel & Company Sec.N/AN/AN/A
Ms. Anne BarnettPeople DirectorN/AN/AN/A
Mr. Tony ArmitageHead of Redbrick Landlords InsuranceN/AN/AN/A
Mr. Dave NewcombeManaging Director of Commercial LendingN/AN/AN/A
Ms. Jan GreenhalghHead of New Bus.-Asset Fin.N/AN/AN/A
Anup SanghaHead of Credit- Asset Fin.N/AN/AN/A
Mr. Richard C. RowntreeManaging Director of MortgagesN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Paragon Banking Group PLC provides financial services in the United Kingdom. It operates through three segments: Mortgage Lending, Commercial Lending, and Idem Capital. The Mortgages Lending segment offers buy-to-let, owner-occupied first and second charge lending, and related activities. The Commercial Lending segment provides SME lending, development finance, structured lending, and motor finance services. The Idem Capital segment engages in the acquisition and servicing of products, such as leases, motor finance agreements, mortgages, and unsecured loans; and offers servicing of loan portfolios for clients, including banks, private equity houses, and specialist lenders. It also provides a range of savings products to households. The company was formerly known as The Paragon Group of Companies PLC and changed its name to Paragon Banking Group PLC in September 2017. Paragon Banking Group PLC was founded in 1985 and is headquartered in Solihull, the United Kingdom.

Corporate Governance

Paragon Banking Group PLC’s ISS Governance QualityScore as of June 1, 2022 is 2. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 1; Compensation: 6.

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 a 10 indicates higher governance risk.
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