Tharisa Management

Management criteria checks 3/4

Tharisa's CEO is Phoevos Pouroulis, appointed in Oct 2010, has a tenure of 13.5 years. total yearly compensation is $946.00K, comprised of 58.7% salary and 41.3% bonuses, including company stock and options. directly owns 2.69% of the company’s shares, worth €6.33M. The average tenure of the management team and the board of directors is 8.5 years and 9 years respectively.

Key information

Phoevos Pouroulis

Chief executive officer

US$946.0k

Total compensation

CEO salary percentage	58.7%
CEO tenure	13.5yrs
CEO ownership	2.7%
Management average tenure	8.5yrs
Board average tenure	9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Phoevos Pouroulis's remuneration changed compared to Tharisa's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	US$946k	US$555k	US$82m
Jun 30 2023	n/a	n/a	US$100m
Mar 31 2023	n/a	n/a	US$117m
Dec 31 2022	n/a	n/a	US$135m
Sep 30 2022	US$1m	US$527k	US$154m
Jun 30 2022	n/a	n/a	US$143m
Mar 31 2022	n/a	n/a	US$132m
Dec 31 2021	n/a	n/a	US$116m
Sep 30 2021	US$2m	US$483k	US$100m
Jun 30 2021	n/a	n/a	US$96m
Mar 31 2021	n/a	n/a	US$91m
Dec 31 2020	n/a	n/a	US$67m
Sep 30 2020	US$706k	US$494k	US$43m
Jun 30 2020	n/a	n/a	US$27m
Mar 31 2020	n/a	n/a	US$11m
Dec 31 2019	n/a	n/a	US$11m
Sep 30 2019	US$993k	US$476k	US$11m
Jun 30 2019	n/a	n/a	US$21m
Mar 31 2019	n/a	n/a	US$32m
Dec 31 2018	n/a	n/a	US$40m
Sep 30 2018	US$1m	US$443k	US$48m
Jun 30 2018	n/a	n/a	US$45m
Mar 31 2018	n/a	n/a	US$42m
Dec 31 2017	n/a	n/a	US$50m
Sep 30 2017	US$787k	US$428k	US$58m

Compensation vs Market: Phoevos's total compensation ($USD946.00K) is above average for companies of similar size in the German market ($USD691.02K).

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

CEO

Phoevos Pouroulis (48 yo)

13.5yrs

Tenure

US$946,000

Compensation

Mr. Phoevos Pouroulis, B.Sc. (Business Admin) has been the Chief Executive Officer at Tharisa Limited since June 29, 2017. Mr. Pouroulis serves as the Chief Executive Officer at Tharisa Plc and has been it...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Loucas Pouroulis	Executive Chairman of the Board	13.5yrs	US$1.16m	0.41% $ 973.4k
Phoevos Pouroulis	CEO & Director	13.5yrs	US$946.00k	2.69% $ 6.3m
Michael Jones	CFO & Director	11.1yrs	US$723.00k	0.24% $ 558.9k
Michelle Taylor	Chief Operating Officer	8.5yrs	no data	0.23% $ 535.1k
Hans van Wyk	Group Chief Technology Officer	5.9yrs	no data	no data
Ilja Graulich	Head of Investor Relations & Communications	no data	no data	no data
Raymond Lewis Kantor	Executive Legal Counsel & Executive of Legal Affairs	13.4yrs	no data	no data
Alston Smith	Managing Director of Tharisa Minerals	4.3yrs	no data	no data
Lucien Matthews	Managing Director of Special Projects	no data	no data	no data
Suren Singh	Group Head of Internal Audit	2.8yrs	no data	no data
Sanet Findlay	Company Secretary	no data	no data	no data

8.5yrs

Average Tenure

62.5yo

Average Age

Experienced Management: 7YZ's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Loucas Pouroulis	Executive Chairman of the Board	13.5yrs	US$1.16m	0.41% $ 973.4k
Phoevos Pouroulis	CEO & Director	13.5yrs	US$946.00k	2.69% $ 6.3m
Michael Jones	CFO & Director	11.3yrs	US$723.00k	0.24% $ 558.9k
Roger Davey	Independent Non-Executive Director	6.8yrs	US$104.00k	no data
Carol Bell	Lead Independent Non-Executive Director	8.1yrs	US$122.00k	0.020% $ 48.0k
Omar Kamal	Independent Non-Executive Director	9.8yrs	US$60.00k	no data
John Salter	Independent Non-Executive Director	13.5yrs	US$163.00k	no data
Gloria Zvaravanhu	Independent Non-Executive Director	less than a year	no data	no data
Man Lo Wai	Non-Executive Director	3.2yrs	US$42.00k	no data
Hao Chen	Non-Executive Director	less than a year	no data	no data

9.0yrs

Average Tenure

62yo

Average Age

Experienced Board: 7YZ's board of directors are considered experienced (9 years average tenure).

Tharisa Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Tharisa plc, Annual General Meeting, Feb 21, 2024

Tharisa plc, Annual General Meeting, Feb 21, 2024

Tharisa plc Announces Executive Changes

Tharisa plc Announces Executive Changes

Chief Operating Officer recently sold €72k worth of stock

Recent updates

Tharisa plc Provides Production Guidance for the Fiscal Year 2024

Tharisa plc (JSE:THA) announces an Equity Buyback for $5 million worth of its shares.

Less than half of directors are independent

Tharisa plc Approves Final Dividend, Payable on 13 March 2024

Upcoming dividend of US$0.02 per share

Tharisa plc Provides Production Guidance for the Fiscal Year 2024

Tharisa plc to Report Fiscal Year 2024 Results on Oct 10, 2024

Tharisa plc, Annual General Meeting, Feb 21, 2024

Tharisa plc, Annual General Meeting, Feb 21, 2024

Tharisa plc Announces Executive Changes

Full year 2023 earnings released: EPS: US$0.27 (vs US$0.54 in FY 2022)

Tharisa plc Proposes A Final Gross Cash Dividend for the Financial Year Ended 30 September 2023, Payable on 13 March 2024

New major risk - Revenue and earnings growth

Tharisa plc Provides Production Guidance for the Fiscal Year 2024

Tharisa plc to Report Fiscal Year 2023 Results on Dec 04, 2023

Tharisa plc Announces Executive Changes

Chief Operating Officer recently sold €72k worth of stock

New major risk - Revenue and earnings growth

Upcoming dividend of R0.58 per share at 5.5% yield

Investor sentiment improves as stock rises 34%

First half 2023 earnings released: EPS: US$0.17 (vs US$0.33 in 1H 2022)

Tharisa plc Announces Interim Dividend, Payable on 21 June 2023

CFO & Director recently sold €102k worth of stock

Tharisa plc Announces Production Guidance for 2023

Tharisa plc to Report First Half, 2023 Results on May 25, 2023

Tharisa plc, Annual General Meeting, Feb 22, 2023

Full year 2022 earnings released: EPS: US$0.54 (vs US$0.37 in FY 2021)

Insufficient new directors

Tharisa plc Provides Production Guidance for the Year 2023

Executive Chairman of the Board recently bought €86k worth of stock

Investor sentiment deteriorated over the past week

Tharisa plc Provides Production Guidance for the Year 2022

Upcoming dividend of R0.47 per share

Tharisa plc Announces Interim Dividend, Payable on 29 June 2022

Insufficient new directors

Investor sentiment improved over the past week

Tharisa Undertakes Long-Term Production Tests with Liebherr on Its ‘Road’ to Reducing Carbon Emissions

Tharisa plc Approves Final Dividend for 2021

Upcoming dividend of US$0.05 per share

Investor sentiment improved over the past week

Tharisa plc (JSE:THA) entered into Sales of Shares Agreement to acquire the remaining 6% stake in Tharisa Minerals (Pty) Ltd. from Tharisa Community Trust for ZAR 90 million.

Tharisa Commences Negotiations for Acquisitions of Minority Shareholdings in Tharisa Minerals Proprietary

Investor sentiment improved over the past week

Tharisa plc Provides Production Guidance for the Fiscal Year 2022

Insufficient new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Tharisa plc Provides Earnings Guidance for the Year Ended September 30, 2021

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Insufficient new directors

Upcoming dividend of R0.55 per share

First half 2021 earnings released: EPS US$0.21 (vs US$0.036 in 1H 2020)

Tharisa plc Declares Interim Dividend for the Six Months Ended 31 March 2021, Payable on June 30, 2021

Tharisa plc (JSE:THA) entered into a sale and purchase agreement to acquire Salene Chrome Zimbabwe (Pvt) Limited from Leto Settlement Trust for $13 million.

Tharisa plc Announces Production Guidance for the Financial Year 2021

Investor sentiment improved over the past week

Tharisa plc to Report Q2, 2021 Results on May 27, 2021

Tharisa plc Appoints Shelley Wai Man Lo as Non-Executive Director

Investor sentiment improved over the past week

Investor sentiment improved over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure