Safaricom Management

Management criteria checks 3/4

Safaricom's CEO is Peter Ndegwa, appointed in Apr 2020, has a tenure of 4.83 years. total yearly compensation is KES252.30M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth KES110.23M. The average tenure of the management team and the board of directors is 3 years and 2.1 years respectively.

Key information

Peter Ndegwa

Chief executive officer

KSh252.3m

Total compensation

CEO salary percentage37.4%
CEO tenure4.8yrs
CEO ownership0.02%
Management average tenure3yrs
Board average tenure2.1yrs

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 2024n/an/a

KSh57b

Jun 30 2024n/an/a

KSh60b

Mar 31 2024KSh252mKSh94m

KSh63b

Dec 31 2023n/an/a

KSh63b

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 ($USD1.95M) is about average for companies of similar size in the KE market ($USD1.76M).

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


CEO

Peter Ndegwa (55 yo)

4.8yrs

Tenure

KSh252,300,000

Compensation

Dr. 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 Director4.8yrsKSh252.30m0.015%
KES 110.2m
Dilip Pal
Chief Finance Officer4.3yrsKSh113.80m0.0034%
KES 23.8m
James Maitai
Group Chief Technology and Information Officerless than a yearno datano data
Caroline Wambugu
Head of Finance3.2yrsno datano data
Ken Kaberia
Chief Risk & Compliance Officerless than a yearno datano data
Tsedale Tesfaye
Chief Human Resource Officerless than a yearno datano data
Nicholas Mulila
Chief Corporate Security Officer7.1yrsno datano data
Nicholas Kamunyu
Chief Channels Officer3.6yrsno datano data
Michael Mutiga
Chief Business Development & Strategy Officer2.8yrsno datano data
Stephen Kiptinness
Chief Corporate Affairs Officer2.8yrsno datano data
Fawzia Ali-Kimanthi
Chief Consumer Business Officerno datano datano data
Cynthia Karuri-Kropac
Chief Enterprise of Business Officerno datano datano data

3.0yrs

Average Tenure

Experienced Management: SCOM's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Ndegwa
CEO & Executive Director4.8yrsKSh252.30m0.015%
KES 110.2m
Dilip Pal
Chief Finance Officer5.1yrsKSh113.80m0.0034%
KES 23.8m
Mohamed Shameel Joosub
Non-Executive Director7.5yrsKSh7.10mno data
Raisibe Morathi
Non-Executive Director4.3yrsKSh8.30mno data
Ory Okolloh
Independent Director2yrsKSh7.40mno data
Karen Kandie
Alternate Director2yrsKSh8.00m0.00059%
KES 4.2m
Adil Khawaja
Chairman of the Board2.2yrsKSh24.90mno data
Winnie Ouko
Independent Non-Executive Director4yrsKSh9.00m0.00025%
KES 1.8m
Murielle Lorilloux
Non-Executive Director1.5yrsKSh1.30mno data
John Mosonik
Non-Executive Director1.5yrsKSh3.30mno data
James Ludlow
Non-Executive Directorless than a yearno datano data
Edward Okaro
Non-Executive Directorless than a yearno datano data

2.1yrs

Average Tenure

53.5yo

Average Age

Experienced Board: SCOM's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/11 19:31
End of Day Share Price 2025/02/11 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 world class team 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

Safaricom PLC is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Linet MuriungiAbsa Bank Limited
Maureen KiriguaAfrican Alliance
null nullAIB-AXYS Africa Limited