Kumba Iron Ore Management
Management criteria checks 4/4
Kumba Iron Ore's CEO is Mpumi Zikalala, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is ZAR26.62M, comprised of 31.7% salary and 68.3% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €331.69K. The average tenure of the management team and the board of directors is 3.7 years and 6.4 years respectively.
Key information
Mpumi Zikalala
Chief executive officer
R26.6m
Total compensation
CEO salary percentage | 31.7% |
CEO tenure | 2.3yrs |
CEO ownership | 0.004% |
Management average tenure | 3.7yrs |
Board average tenure | 6.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | R27m | R8m | R23b |
Sep 30 2023 | n/a | n/a | R18b |
Jun 30 2023 | n/a | n/a | R13b |
Mar 31 2023 | n/a | n/a | R14b |
Dec 31 2022 | R30m | R8m | R15b |
Compensation vs Market: Mpumi's total compensation ($USD1.45M) is below average for companies of similar size in the German market ($USD3.01M).
Compensation vs Earnings: Mpumi's compensation has been consistent with company performance over the past year.
CEO
Mpumi Zikalala (44 yo)
2.3yrs
Tenure
R26,623,000
Compensation
Ms. Nompumelelo D. Zikalala, also known as Mpumi, serves as Chief Executive Officer and Executive Director at Kumba Iron Ore Limited since January 01, 2022. She serves as CEO of Kumba at Anglo American plc...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 2.3yrs | R26.62m | 0.0039% ZAR 331.7k | |
CFO & Executive Director | 6.7yrs | R13.99m | 0.0061% ZAR 516.6k | |
Executive Head of Technical & Projects | 7.8yrs | R8.68m | 0.0017% ZAR 145.1k | |
Executive Head of Human Resources | 1.8yrs | R5.40m | 0.0011% ZAR 92.5k | |
Executive Head of Strategy & Business Development | 5.8yrs | R7.81m | 0.0015% ZAR 130.6k | |
Executive Head of Corporate Affairs | 3.7yrs | R7.67m | 0.0016% ZAR 138.3k | |
Executive Head of SHE | 3yrs | R5.65m | 0.00089% ZAR 75.5k | |
Chief Transformation Officer | less than a year | R8.99m | no data | |
Company Secretary | 4.3yrs | R4.77m | 0.0013% ZAR 112.8k | |
Investor Relations Manager | no data | no data | no data |
3.7yrs
Average Tenure
48yo
Average Age
Experienced Management: KUI's management team is considered experienced (3.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 2.3yrs | R26.62m | 0.0039% ZAR 331.7k | |
CFO & Executive Director | 6.7yrs | R13.99m | 0.0061% ZAR 516.6k | |
Independent Non-Executive Chairman | 7.2yrs | R1.93m | no data | |
Independent Non-Executive Director | 6.9yrs | R1.24m | no data | |
Independent Non-Executive Director | 6.4yrs | R1.22m | no data | |
Lead Independent Non-Executive Director | 6.4yrs | R1.37m | no data | |
Non Executive Director | 7.7yrs | R5.89m | 0.045% ZAR 3.8m | |
Independent Non-Executive Director | 1.3yrs | R968.00k | no data | |
Independent Non-Executive Director | 4.5yrs | R1.05m | no data | |
Non-Executive Director | less than a year | no data | no data | |
Non-Executive Director | 3yrs | R920.00k | no data |
6.4yrs
Average Tenure
52.5yo
Average Age
Experienced Board: KUI's board of directors are considered experienced (6.4 years average tenure).