Safaricom Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Peter Ndegwa

Chief executive officer

KSh313.1m

Total compensation

CEO salary percentage	30.4%
CEO tenure	4yrs
CEO ownership	0.002%
Management average tenure	3.3yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Ndegwa's remuneration changed compared to Safaricom's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	KSh63b
Jun 30 2023	n/a	n/a	KSh63b
Mar 31 2023	KSh313m	KSh95m	KSh62b
Dec 31 2022	n/a	n/a	KSh64b
Sep 30 2022	n/a	n/a	KSh66b
Jun 30 2022	n/a	n/a	KSh68b
Mar 31 2022	KSh289m	KSh89m	KSh70b
Dec 31 2021	n/a	n/a	KSh71b
Sep 30 2021	n/a	n/a	KSh73b
Jun 30 2021	n/a	n/a	KSh71b
Mar 31 2021	KSh202m	KSh102m	KSh69b

Compensation vs Market: Peter's total compensation ($USD2.32M) is about average for companies of similar size in the KE market ($USD2.33M).

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

CEO

Peter Ndegwa (54 yo)

4yrs

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

Name	Position	Tenure	Compensation	Ownership
Peter Ndegwa	CEO & Executive Director	4yrs	KSh313.11m	0.0022% KES 14.7m
Dilip Pal	Chief Finance Officer	3.4yrs	KSh115.34m	no data
Morten Bangsgaard	Chief Technology Information Officer	3.3yrs	no data	no data
Caroline Wambugu	Head of Finance	2.3yrs	no data	no data
Patrick Kinoti	Head of the Ethics and Compliance Department	no data	no data	no data
Paul Kasimu	Chief Human Resources Officer	6.7yrs	no data	no data
Nicholas Mulila	Chief Corporate Security Officer	6.3yrs	no data	no data
Nicholas Kamunyu	Chief Channels Officer	2.8yrs	no data	no data
Michael Mutiga	Chief Business Development & Strategy Officer	1.9yrs	no data	no data
Stephen Kiptinness	Chief Corporate Affairs Officer	1.9yrs	no data	no data
Fawzia Ali-Kimanthi	Chief Consumer Business Officer	no data	no data	no data
Cynthia Karuri-Kropac	Chief Enterprise of Business Officer	no data	no data	no data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: SCOM's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Ndegwa	CEO & Executive Director	4yrs	KSh313.11m	0.0022% KES 14.7m
Dilip Pal	Chief Finance Officer	4.3yrs	KSh115.34m	no data
Rose Ogega	Independent Non-Executive Director	5.2yrs	KSh10.60m	0% KES 0
Michael Joseph	Non-Executive Director	15.6yrs	KSh21.10m	no data
Mohamed Shameel Joosub	Non-Executive Director	6.7yrs	KSh6.74m	no data
Raisibe Morathi	Non-Executive Director	3.4yrs	KSh7.84m	no data
Ory Okolloh	Independent Director	1.2yrs	KSh800.00k	no data
Adil Khawaja	Chairman of the Board	1.3yrs	KSh4.67m	no data
Francesco Bianco	Non-Executive Director	4.1yrs	KSh5.53m	no data
Winnie Ouko	Independent Non-Executive Director	3.2yrs	KSh8.89m	0.00025% KES 1.6m
Murielle Lorilloux	Non-Executive Director	less than a year	no data	no data
John Mosonik	Non-Executive Director	less than a year	no data	no data

3.7yrs

Average Tenure

52.5yo

Average Age

Experienced Board: SCOM's board of directors are considered experienced (3.7 years average tenure).

Safaricom Management

Management criteria checks 4/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Safaricom PLC Announces Appointment of Dilip Pal as Chief Finance Officer

Recent updates

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 21%

First half dividend reduced to KSh0.55

First half dividend reduced to KSh0.55

Now 22% undervalued after recent price drop

New minor risk - Earnings quality

Price target decreased by 8.6% to KSh21.87

First half 2024 earnings released: EPS: KSh0.90 (vs KSh0.84 in 1H 2023)

Investor sentiment improves as stock rises 16%

Safaricom PLC to Report First Half, 2024 Results on Nov 09, 2023

Upcoming dividend of KSh0.62 per share at 6.7% yield

Full year 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 15%

Safaricom PLC (NASE:SCOM) entered into an agreement to acquire M-Pesa Holding Company Limited from Vodafone Group Public Limited Company (LSE:VOD) for $1.

Price target decreased by 10% to KSh24.30

Now 21% undervalued after recent price drop

Full year 2023 earnings released: EPS: KSh1.55 (vs KSh1.74 in FY 2022)

Price target decreased by 13% to KSh28.36

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of KSh0.58 per share at 6.3% yield

First half 2023 earnings released: EPS: KSh0.84 (vs KSh0.92 in 1H 2022)

Less than half of directors are independent

First half 2023 earnings released: EPS: KSh0.84 (vs KSh0.92 in 1H 2022)

Safaricom PLC to Report First Half, 2023 Results on Nov 11, 2022

Upcoming dividend of KSh0.75 per share

Full year 2022 earnings: EPS misses analyst expectations

Investor sentiment improved over the past week

Full year 2022 earnings: EPS misses analyst expectations

Less than half of directors are independent

Safaricom PLC to Report Fiscal Year 2022 Results on May 12, 2022

Upcoming dividend of KSh0.64 per share

First half 2022 earnings released: EPS KSh0.92 (vs KSh0.83 in 1H 2021)

Upcoming dividend of KSh0.92 per share

Full year 2021 earnings released: EPS KSh1.71 (vs KSh1.84 in FY 2020)

Full year 2021 earnings released: EPS KSh1.71 (vs KSh1.84 in FY 2020)

Upcoming Dividend of KSh0.45 Per Share

New 90-day high: KSh36.85

New 90-day high: KSh34.40

New 90-day high: KSh33.55

New 90-day high: KSh32.70

Safaricom PLC (NASE:SCOM) acquired 18.96% stake in Circle Gas Limited for KES 385 million.

First half 2021 earnings released: EPS KSh0.83

Safaricom PLC to Report First Half, 2021 Results on Nov 09, 2020

Safaricom PLC Announces Appointment of Dilip Pal as Chief Finance Officer

New 90-day high: KSh31.25

New 90-day high: KSh30.50

New 90-day low - KSh26.40

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age