Fortress Real Estate Investments Beheer

Beheer criteriumcontroles 2/4

Fortress Real Estate Investments' CEO is Steve Brown, appointed in Jul 2019, has a tenure of 5.33 years. total yearly compensation is ZAR26.05M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth ZAR55.68M. The average tenure of the management team and the board of directors is 0.8 years and 5.4 years respectively.

Belangrijke informatie

Steve Brown

Algemeen directeur

R26.0m

Totale compensatie

Percentage CEO-salaris	16.0%
Dienstverband CEO	5.3yrs
Eigendom CEO	0.2%
Management gemiddelde ambtstermijn	less than a year
Gemiddelde ambtstermijn bestuur	5.4yrs

Recente managementupdates

Recent updates

Analyse CEO-vergoeding

Hoe is Steve Brown's beloning veranderd ten opzichte van Fortress Real Estate Investments's winst?
Datum	Totale vergoeding	Salaris	Bedrijfswinsten
Jun 30 2024	R26m	R4m	R4b
Mar 31 2024	n/a	n/a	R5b
Dec 31 2023	n/a	n/a	R6b
Sep 30 2023	n/a	n/a	R6b
Jun 30 2023	R10m	R4m	R6b
Mar 31 2023	n/a	n/a	R4b
Dec 31 2022	n/a	n/a	R2b
Sep 30 2022	n/a	n/a	R1b
Jun 30 2022	R8m	R5m	R778m
Mar 31 2022	n/a	n/a	R2b
Dec 31 2021	n/a	n/a	R4b
Sep 30 2021	n/a	n/a	R4b
Jun 30 2021	R6m	R5m	R3b
Mar 31 2021	n/a	n/a	-R2b
Dec 31 2020	n/a	n/a	-R8b
Sep 30 2020	n/a	n/a	-R8b
Jun 30 2020	R8m	R5m	-R8b
Mar 31 2020	n/a	n/a	-R3b
Dec 31 2019	n/a	n/a	R3b
Sep 30 2019	n/a	n/a	R3b
Jun 30 2019	R4m	R4m	R3b
Mar 31 2019	n/a	n/a	-R5b
Dec 31 2018	n/a	n/a	-R13b
Sep 30 2018	n/a	n/a	-R9b
Jun 30 2018	R5m	R2m	-R5b

Compensatie versus markt: Steve's total compensation ($USD1.49M) is about average for companies of similar size in the ZA market ($USD1.36M).

Compensatie versus inkomsten: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Steve Brown (44 yo)

5.3yrs

Tenure

R26,047,000

Compensatie

Mr. Steven Brown, also known as Steve, CA (SA), CFA, B.Bus.Sci has been Executive Director of Fortress Real Estate Investments Limited (formerly known as Fortress REIT Limited) since July 02, 2018. He has...

Leiderschapsteam

Naam	Positie	Tenure	Compensatie	Eigendom
Steven Brown	CEO, MD & Executive Director	5.3yrs	R26.05m	0.24% ZAR 55.7m
Ian Vorster	Financial Director	5.9yrs	R18.02m	0.15% ZAR 34.3m
Sipho Majija	Head of Retail & Executive Director	no data	R16.71m	0.14% ZAR 31.9m
Ryan Eichstadt	Head of Investor Relations & Corporate Finance	less than a year	geen gegevens	geen gegevens
Jodie Ellinor-Dreyer	Head of Corporate Social Investment & Transformation	less than a year	geen gegevens	geen gegevens
Jason Cooper	Head of Property Development	less than a year	geen gegevens	geen gegevens
PC Potgieter	Head of Sustainability	less than a year	geen gegevens	geen gegevens
Bruce Collins	Head of Asset Management	less than a year	geen gegevens	geen gegevens
Tamlyn Stevens	Company Secretary	8.6yrs	geen gegevens	geen gegevens

0.8yrs

Gemiddelde duur

44yo

Gemiddelde leeftijd

Ervaren management: FFB's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Bestuursleden

Naam	Positie	Tenure	Compensatie	Eigendom
Steven Brown	CEO, MD & Executive Director	6.5yrs	R26.05m	0.24% ZAR 55.7m
Ian Vorster	Financial Director	5.9yrs	R18.02m	0.15% ZAR 34.3m
Sipho Majija	Head of Retail & Executive Director	7.5yrs	R16.71m	0.14% ZAR 31.9m
Hermanus Bosman	Independent Non-Executive Director	less than a year	geen gegevens	geen gegevens
Edwin Oblowitz	Independent Non-Executive Director	1.5yrs	R1.39m	geen gegevens
Jan Potgieter	Lead Independent Non-Executive Director	8.9yrs	R1.22m	geen gegevens
Hermina Lopion	Independent Non-Executive Director	4.8yrs	R882.00k	geen gegevens
Moshiko Caswell Rampheri	Independent Non-Executive director	1.4yrs	R982.00k	geen gegevens
Robin Lockhart-Ross	Independent Non-Executive Chairman	6.3yrs	R1.57m	geen gegevens
Susan Ludolph	Independent Non Executive Director	5.9yrs	R979.00k	geen gegevens
Thavanesan Chetty	Independent Non Executive Director	3.8yrs	R1.08m	geen gegevens
Nonhlanhla Mayisela	Independent Non-Executive Director	less than a year	geen gegevens	geen gegevens

5.4yrs

Gemiddelde duur

55yo

Gemiddelde leeftijd

Ervaren bestuur: FFB's board of directors are considered experienced (5.4 years average tenure).

Fortress Real Estate Investments Beheer

Beheer criteriumcontroles 2/4

Belangrijke informatie

Recente managementupdates

Fortress Real Estate Investments Limited, Annual General Meeting, Dec 03, 2024

Fortress Real Estate Investments Limited Announces the Retirement of Jan Potgieter as Lead Independent Non-Executive Director as the Chairman of the Property and Investment Committee, Member of the Audit Committee and Member of the Nomination Committee, Effective 3 December 2024

CEO, MD & Executive Director exercised options to buy R32m worth of stock.

Fortress Real Estate Investments Limited Announces Board Appointments

Fortress REIT Limited Announces Resignation of Donnovan Pydigadu as Chief Operating Officer and Executive Director and Consequently as Member of the Social, Ethics and Sustainability Committee with Effect from 14 August 2023

Fortress Real Estate Investments Limited, Annual General Meeting, Dec 01, 2023

Recent updates

Fortress Real Estate Investments Limited, Annual General Meeting, Dec 03, 2024

Fortress Real Estate Investments Limited Announces the Retirement of Jan Potgieter as Lead Independent Non-Executive Director as the Chairman of the Property and Investment Committee, Member of the Audit Committee and Member of the Nomination Committee, Effective 3 December 2024

Upcoming dividend of R0.70 per share

Fortress Real Estate Investments Limited Declares Cash Dividend for the Six Months Ended 30 June 2024, Payable on 31 October 2024

CEO, MD & Executive Director exercised options to buy R32m worth of stock.

Price target increased by 13% to R20.00

Price target increased by 10% to R18.53

Full year 2024 earnings released

Fortress Real Estate Investments Limited Announces Board Appointments

Now 21% overvalued after recent price rise

Upcoming dividend of R0.81 per share

First half 2024 earnings released: EPS: R1.40 (vs R1.33 in 1H 2023)

Price target increased by 26% to R8.05

Fortress REIT Limited Announces Resignation of Donnovan Pydigadu as Chief Operating Officer and Executive Director and Consequently as Member of the Social, Ethics and Sustainability Committee with Effect from 14 August 2023

Peresec Prime Brokers (Pty) Ltd acquired unknown minority stake in Fortress Real Estate Investments Limited (JSE:FFA).

Fortress Real Estate Investments Limited, Annual General Meeting, Dec 01, 2023

An unknown buyer acquired Underperforming Retail Assets in Secunda, Middelburg, Bellville, Philippi and Makhanda from Fortress Real Estate Investments Limited (JSE:FFA) for approximately ZAR 550 million.

Fortress REIT Limited Announces Resignation of Donnovan Pydigadu as Chief Operating Officer and Executive Director and as a Member of the Social, Ethics and Sustainability Committee, Effective 14 August 2023

Fortress REIT Limited Announces Board Changes

An unknown buyer acquired non-core properties of Fortress REIT Limited for R1.21 billion.

Fortress Real Estate Investments Limited Announces Resignation of Bram Goossens as Independent Non-Executive Director, Member of the Audit Committee, Member of the Social, Ethics and Sustainability Committee and Chairperson of Remuneration Committee

Fortress REIT Limited, Annual General Meeting, Dec 06, 2022

Fortress REIT Limited(JSE:FFA) dropped from FTSE All-World Index (USD)

Fortress REIT Limited, Annual General Meeting, Aug 17, 2022

Fortress REIT Limited to Report First Half, 2021 Results on Mar 10, 2021

Fortress REIT Limited Announces Executive Changes

The clients of Foord Asset Management Proprietary Limited acquired a stake in Fortress REIT Limited (JSE:FFA).

An unknown buyer acquired an unknown minority stake in Fortress REIT Limited (JSE:FFA).

Analyse CEO-vergoeding

CEO

Tenure

Compensatie

Leiderschapsteam

Gemiddelde duur

Gemiddelde leeftijd

Bestuursleden

Gemiddelde duur

Gemiddelde leeftijd