Safaricom Management

Management criteria checks 3/4

Safaricom's CEO is Peter Ndegwa, appointed in Apr 2020, has a tenure of 3.83 years. total yearly compensation is KES313.11M, comprised of 30.4% salary and 69.6% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth KES12.12M. The average tenure of the management team and the board of directors is 3.1 years and 3.5 years respectively.

Key information

Peter Ndegwa

Chief executive officer

KSh313.1m

Total compensation

CEO salary percentage30.4%
CEO tenure3.8yrs
CEO ownership0.002%
Management average tenure3.1yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Ndegwa's remuneration changed compared to Safaricom's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

KSh63b

Jun 30 2023n/an/a

KSh63b

Mar 31 2023KSh313mKSh95m

KSh62b

Dec 31 2022n/an/a

KSh64b

Sep 30 2022n/an/a

KSh66b

Jun 30 2022n/an/a

KSh68b

Mar 31 2022KSh289mKSh89m

KSh70b

Dec 31 2021n/an/a

KSh71b

Sep 30 2021n/an/a

KSh73b

Jun 30 2021n/an/a

KSh71b

Mar 31 2021KSh202mKSh102m

KSh69b

Compensation vs Market: Peter's total compensation ($USD2.15M) is above average for companies of similar size in the KE market ($USD1.25M).

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


CEO

Peter Ndegwa (54 yo)

3.8yrs

Tenure

KSh313,110,000

Compensation

Mr. Peter Waititu Ndegwa has been Chief Executive Officer and Executive Director of Safaricom PLC since April 1, 2020. He serves as the Chief Executive Officer of Safaricom PLC at Vodacom Group Limited sin...


Leadership Team

NamePositionTenureCompensationOwnership
Peter Ndegwa
CEO & Executive Director3.8yrsKSh313.11m0.0022%
KES 12.1m
Dilip Pal
Chief Finance Officer3.3yrsKSh115.34mno data
Morten Bangsgaard
Chief Technology Information Officer3.1yrsno datano data
Caroline Wambugu
Head of Finance2.2yrsno datano data
Patrick Kinoti
Head of the Ethics and Compliance Departmentno datano datano data
Paul Kasimu
Chief Human Resources Officer6.5yrsno datano data
Nicholas Mulila
Chief Corporate Security Officer6.1yrsno datano data
Nicholas Kamunyu
Chief Channels Officer2.6yrsno datano data
Michael Mutiga
Chief Business Development & Strategy Officer1.8yrsno datano data
Stephen Kiptinness
Chief Corporate Affairs Officer1.8yrsno datano data
Fawzia Ali-Kimanthi
Chief Consumer Business Officerno datano datano data
Cynthia Karuri-Kropac
Chief Enterprise of Business Officerno datano datano data

3.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SCOM's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Ndegwa
CEO & Executive Director3.8yrsKSh313.11m0.0022%
KES 12.1m
Dilip Pal
Chief Finance Officer4.1yrsKSh115.34mno data
Rose Ogega
Independent Non-Executive Director5yrsKSh10.60m0%
KES 0
Michael Joseph
Non-Executive Director15.4yrsKSh21.10mno data
Mohamed Shameel Joosub
Non-Executive Director6.5yrsKSh6.74mno data
Raisibe Morathi
Non-Executive Director3.3yrsKSh7.84mno data
Ory Okolloh
Independent Directorless than a yearKSh800.00kno data
Adil Khawaja
Chairman of the Board1.2yrsKSh4.67mno data
Francesco Bianco
Non-Executive Director3.9yrsKSh5.53mno data
Winnie Ouko
Independent Non-Executive Director3yrsKSh8.89m0.00025%
KES 1.4m
Murielle Lorilloux
Non-Executive Directorless than a yearno datano data
John Mosonik
Non-Executive Directorless than a yearno datano data

3.5yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SCOM's board of directors are considered experienced (3.5 years average tenure).


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