Safaricom Management
Management criteria checks 3/4
Safaricom's CEO is Peter Ndegwa, appointed in Apr 2020, has a tenure of 4.25 years. total yearly compensation is KES252.30M, comprised of 37.4% salary and 62.6% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth KES13.55M. The average tenure of the management team and the board of directors is 3 years and 3.5 years respectively.
Key information
Peter Ndegwa
Chief executive officer
KSh252.3m
Total compensation
| CEO salary percentage | 37.4% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.002% |
| Management average tenure | 3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | KSh252m | KSh94m | KSh63b |
| Dec 31 2023 | n/a | n/a | KSh63b |
| 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 ($USD1.92M) is above average for companies of similar size in the KE market ($USD1.25M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Ndegwa (55 yo)
4.3yrs
Tenure
KSh252,300,000
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 |
|---|---|---|---|---|
| CEO & Executive Director | 4.3yrs | KSh252.30m | 0.0022% KES 14.0m | |
| Chief Finance Officer | 3.7yrs | KSh113.80m | no data | |
| Acting Chief Technology Information Officer | no data | no data | no data | |
| Head of Finance | 2.6yrs | no data | no data | |
| Head of the Ethics and Compliance Department | no data | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Corporate Security Officer | 6.5yrs | no data | no data | |
| Chief Channels Officer | 3yrs | no data | no data | |
| Chief Business Development & Strategy Officer | 2.2yrs | no data | no data | |
| Chief Corporate Affairs Officer | 2.2yrs | no data | no data | |
| Chief Consumer Business Officer | no data | no data | no data | |
| Chief Enterprise of Business Officer | no data | no data | no data |
3.0yrs
Average Tenure
55yo
Average Age
Experienced Management: SCOM's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.3yrs | KSh252.30m | 0.0022% KES 14.0m | |
| Chief Finance Officer | 4.5yrs | KSh113.80m | no data | |
| Independent Non-Executive Director | 5.4yrs | KSh9.50m | 0% KES 0 | |
| Non-Executive Director | 6.9yrs | KSh7.10m | no data | |
| Non-Executive Director | 3.7yrs | KSh8.30m | no data | |
| Independent Director | 1.4yrs | KSh7.40m | no data | |
| Alternate Director | 1.4yrs | KSh8.00m | 0.00037% KES 2.3m | |
| Chairman of the Board | 1.6yrs | KSh24.90m | no data | |
| Non-Executive Director | 4.3yrs | KSh6.10m | no data | |
| Independent Non-Executive Director | 3.4yrs | KSh9.00m | 0.00025% KES 1.6m | |
| Non-Executive Director | less than a year | KSh1.30m | no data | |
| Non-Executive Director | less than a year | KSh3.30m | no data |
3.5yrs
Average Tenure
53.5yo
Average Age
Experienced Board: SCOM's board of directors are considered experienced (3.5 years average tenure).