Sibanye Stillwater Limited

DB:47VS Stock Report

Market Cap: €7.0b

Sibanye Stillwater Management

Management criteria checks 4/4

Sibanye Stillwater's CEO is Richard Stewart, appointed in Sep 2025, has a tenure of 1.5 years. total yearly compensation is ZAR30.38M, comprised of 33.5% salary and 66.5% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth €2.05M. The average tenure of the management team and the board of directors is 2.7 years and 6.9 years respectively.

Key information

Richard Stewart

Chief executive officer

R30.4m

Total compensation

CEO salary percentage33.45%
CEO tenure1yr
CEO ownership0.03%
Management average tenure2.7yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Stewart's remuneration changed compared to Sibanye Stillwater's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

R16b

Mar 31 2026n/an/a

R5b

Dec 31 2025R30mR10m

-R5b

Sep 30 2025n/an/a

-R4b

Jun 30 2025n/an/a

-R4b

Mar 31 2025n/an/a

-R5b

Dec 31 2024R21mR7m

-R7b

Sep 30 2024n/an/a

-R30b

Jun 30 2024n/an/a

-R53b

Mar 31 2024n/an/a

-R45b

Dec 31 2023R20mR6m

-R38b

Sep 30 2023n/an/a

-R12b

Jun 30 2023n/an/a

R14b

Mar 31 2023n/an/a

R16b

Dec 31 2022R60mR6m

R18b

Sep 30 2022n/an/a

R19b

Jun 30 2022n/an/a

R20b

Mar 31 2022n/an/a

R27b

Dec 31 2021R83mR5m

R33b

Sep 30 2021n/an/a

R39b

Jun 30 2021n/an/a

R45b

Mar 31 2021n/an/a

R37b

Dec 31 2020R19mR4m

R29b

Sep 30 2020n/an/a

R20b

Jun 30 2020n/an/a

R10b

Mar 31 2020n/an/a

R5b

Dec 31 2019R9mR4m

R62m

Compensation vs Market: Richard's total compensation ($USD1.86M) is about average for companies of similar size in the German market ($USD2.63M).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.

CEO

Richard Stewart (50 yo)

1yr
Tenure
R30,380,000
Compensation

Dr. Richard Andrew Stewart, BSc (Hons), Ph.D. (Geology), Pr Sci.Nat, M.B.A. served as Chief Operating Officer at Sibanye Stillwater Limited since April 2021 until May 31, 2022 and served as its Chief Regio...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Stewart
CEO & Executive Director1yrR30.38m0.029%
€ 2.0m
Charl Keyter
CFO, Interim Chief Commercial & Development Officer and Executive Director13.7yrsR28.72m0.078%
€ 5.5m
Themba Nkosi
Chief People Officerno dataR20.57m0.0093%
€ 649.8k
Robert Van Niekerk
Chief Transformation Officerless than a yearR33.22m0.0064%
€ 443.9k
Richard Cox
Chief Operations Officer of Southern African Operations5.6yrsR12.19mno data
Mika Seitovirta
Chief European Advisor4.8yrsR28.62mno data
Charles Carter
Chief Operating Officer of International & Recycling Operations4.3yrsR38.28m0.025%
€ 1.8m
Melanie Naidoo-Vermaak
Chief Sustainability Officer2.7yrsR16.15m0.0052%
€ 362.3k
Mduduzi Bhulose
Executive Vice President for Business Developmentless than a yearR4.78mno data
Emma Chapman
Senior Vice President of Investor Relationsno datano datano data
Kleantha Pillay
Executive Vice President of Sales & Marketing7.5yrsno datano data
James Wellsted
Executive Vice President of Business Analytics & Improvementless than a yearR4.28mno data
2.7yrs
Average Tenure
53yo
Average Age

Experienced Management: 47VS's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Stewart
CEO & Executive Director1.5yrsR30.38m0.029%
€ 2.0m
Charl Keyter
CFO, Interim Chief Commercial & Development Officer and Executive Director13.8yrsR28.72m0.078%
€ 5.5m
Richard Menell
Non-Executive Director13.7yrsR2.66m0.0012%
€ 86.6k
Sindiswa Zilwa
Independent Non-Executive Director5.7yrsR2.28mno data
Harry James Kenyon-Slaney
Lead Independent Director7.7yrsR5.39m0.00060%
€ 41.9k
Philippe François Boisseau
Independent Non-Executive Director2.4yrsR4.20mno data
Keith Rayner
Non-Executive Director13.7yrsR2.90m0.0028%
€ 194.7k
Thabane Maphai
Independent Non-Executive Chairman7.3yrsR4.23m0.0082%
€ 573.7k
Skhulumi Vilakazi
Non-Executive Director13.7yrsR2.23m0.000070%
€ 4.9k
Elaine Dorward-King
Independent Non-Executive Director6.5yrsR4.83mno data
Terence Nombembe
Independent Non-Executive Director2yrsR2.56mno data
Peter Hancock
Independent Non Executive Director2.3yrsR4.23mno data
6.9yrs
Average Tenure
64.5yo
Average Age

Experienced Board: 47VS's board of directors are considered experienced (6.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/16 15:03
End of Day Share Price 2026/09/16 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sibanye Stillwater Limited is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wade NapierAvior Capital Markets
Andrew ByrneBarclays
Raj RayBMO Capital Markets Equity Research