Harmony Gold Mining Management
Management criteria checks 4/4
Harmony Gold Mining's CEO is Peter Steenkamp, appointed in Jan 2016, has a tenure of 8.83 years. total yearly compensation is ZAR18.00M, comprised of 56.7% salary and 43.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ARS6.40B. The average tenure of the management team and the board of directors is 6.8 years and 10.2 years respectively.
Key information
Peter Steenkamp
Chief executive officer
R18.0m
Total compensation
| CEO salary percentage | 56.7% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.8yrs |
| Board average tenure | 10.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | R18m | R10m | R9b |
| Mar 31 2024 | n/a | n/a | R9b |
| Dec 31 2023 | n/a | n/a | R9b |
| Sep 30 2023 | n/a | n/a | R7b |
| Jun 30 2023 | R15m | R10m | R5b |
| Mar 31 2023 | n/a | n/a | R2b |
| Dec 31 2022 | n/a | n/a | -R600m |
| Sep 30 2022 | n/a | n/a | -R826m |
| Jun 30 2022 | R18m | R9m | -R1b |
| Mar 31 2022 | n/a | n/a | R425m |
| Dec 31 2021 | n/a | n/a | R2b |
| Sep 30 2021 | n/a | n/a | R3b |
| Jun 30 2021 | R16m | R9m | R5b |
| Mar 31 2021 | n/a | n/a | R4b |
| Dec 31 2020 | n/a | n/a | R2b |
| Sep 30 2020 | n/a | n/a | R743m |
| Jun 30 2020 | R12m | R8m | -R878m |
| Mar 31 2020 | n/a | n/a | -R1b |
| Dec 31 2019 | n/a | n/a | -R1b |
| Sep 30 2019 | n/a | n/a | -R2b |
| Jun 30 2019 | R16m | R8m | -R3b |
| Mar 31 2019 | n/a | n/a | -R4b |
| Dec 31 2018 | n/a | n/a | -R5b |
| Sep 30 2018 | n/a | n/a | -R5b |
| Jun 30 2018 | R15m | R8m | -R4b |
Compensation vs Market: Peter's total compensation ($USD987.88K) is below average for companies of similar size in the AR market ($USD2.41M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Steenkamp (64 yo)
8.8yrs
Tenure
R18,002,000
Compensation
Mr. Peter William Steenkamp, BEng (Mining), Mine Manager’s Certificate Metal Mines, Mine Manager’s Certificate Fiery Mines, CPIR, MDP, BLDP has been the Chief Executive Officer and Executive Director of Ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.8yrs | R18.00m | 0.12% ARS 6.4b | |
| Financial Director & Executive Director | 4.7yrs | R11.21m | 0.014% ARS 775.3m | |
| Group Chief Operating Officer of Operations | 1.8yrs | R14.78m | 0.018% ARS 997.5m | |
| Senior Executive of Human Capital | 13.1yrs | R9.15m | no data | |
| Group COO of Business Development & Growth | 16.8yrs | R13.62m | 0.018% ARS 1.0b | |
| Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | no data | R9.32m | 0.014% ARS 768.2m | |
| Senior Executive of Enterprise & Investor Relations | no data | R8.71m | 0.011% ARS 607.3m | |
| Executive Head of Technical & Engineering | no data | no data | no data | |
| Chief Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Audit Executive | no data | no data | no data | |
| Head of Department - Geostatistician | no data | no data | no data |
6.8yrs
Average Tenure
51yo
Average Age
Experienced Management: HMY's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.8yrs | R18.00m | 0.12% ARS 6.4b | |
| Financial Director & Executive Director | 4.7yrs | R11.21m | 0.014% ARS 775.3m | |
| Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | 14.8yrs | R9.32m | 0.014% ARS 768.2m | |
| Non-Independent Non-Executive Chairman | 21.2yrs | R2.15m | no data | |
| Independent Non-Executive Director | 3.8yrs | R1.13m | no data | |
| Lead Independent Non-Executive Director | 13.7yrs | R1.28m | no data | |
| Independent Non-Executive Director | 11.5yrs | R1.44m | no data | |
| Independent Non-Executive Deputy Chairman | 11.5yrs | R1.94m | no data | |
| Independent Non-Executive Director | 13.3yrs | R1.59m | no data | |
| Independent Non-Executive Director | 5.5yrs | R1.07m | no data | |
| Independent Non-Executive Director | 2.5yrs | R1.34m | no data | |
| Independent Non-Executive Director | 2.5yrs | R1.22m | no data |
10.2yrs
Average Tenure
60.5yo
Average Age
Experienced Board: HMY's board of directors are seasoned and experienced ( 10.2 years average tenure).