Shoprite Holdings Management
Management criteria checks 3/4
Shoprite Holdings' CEO is Pieter Engelbrecht, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is ZAR52.07M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.099% of the company’s shares, worth ZAR163.55M. The average tenure of the management team and the board of directors is 6.4 years and 3.5 years respectively.
Key information
Pieter Engelbrecht
Chief executive officer
R52.1m
Total compensation
| CEO salary percentage | 36.2% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.4yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | R52m | R19m | R7b |
| Mar 31 2024 | n/a | n/a | R7b |
| Dec 31 2023 | n/a | n/a | R6b |
| Sep 30 2023 | n/a | n/a | R6b |
| Jul 02 2023 | R59m | R18m | R6b |
| Jan 01 2023 | n/a | n/a | R6b |
| Oct 01 2022 | n/a | n/a | R6b |
| Jul 03 2022 | R48m | R17m | R6b |
| Jan 02 2022 | n/a | n/a | R5b |
| Oct 02 2021 | n/a | n/a | R5b |
| Jul 04 2021 | R40m | R16m | R5b |
| Dec 27 2020 | n/a | n/a | R4b |
| Sep 27 2020 | n/a | n/a | R4b |
| Jun 28 2020 | R35m | R16m | R4b |
| Dec 29 2019 | n/a | n/a | R4b |
| Sep 29 2019 | n/a | n/a | R4b |
| Jun 30 2019 | R21m | R16m | R4b |
| Mar 31 2019 | n/a | n/a | R4b |
| Dec 30 2018 | n/a | n/a | R4b |
| Sep 30 2018 | n/a | n/a | R5b |
| Jul 01 2018 | R31m | R15m | R5b |
Compensation vs Market: Pieter's total compensation ($USD2.76M) is above average for companies of similar size in the NA market ($USD1.76M).
Compensation vs Earnings: Pieter's compensation has been consistent with company performance over the past year.
CEO
Pieter Engelbrecht (55 yo)
7.9yrs
Tenure
R52,070,000
Compensation
Mr. Pieter C. Engelbrecht, BCompt Hons CA(SA), has been the Chief Executive Officer and Executive Director of Shoprite Holdings Limited since January 1, 2017. Mr. Engelbrecht served as the Chief Operating...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.9yrs | R52.07m | 0.099% ZAR 163.5m | |
| CFO & Executive Director | 6.4yrs | R20.26m | 0.023% ZAR 37.8m | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Legal/Regulatory Officer | 16.2yrs | no data | no data | |
| Deputy Chief Executive Officer | 4.8yrs | no data | no data | |
| Group Company Secretary | less than a year | no data | no data |
6.4yrs
Average Tenure
53yo
Average Age
Experienced Management: SRH's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.9yrs | R52.07m | 0.099% ZAR 163.5m | |
| CFO & Executive Director | 6.4yrs | R20.26m | 0.023% ZAR 37.8m | |
| Independent Non-Executive Chairman | 4.2yrs | R3.78m | no data | |
| Non-Executive Director | 45.9yrs | R1.07m | 11.61% ZAR 19.1b | |
| Independent Non-Executive Director | 3.1yrs | R938.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | R838.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | R687.00k | no data | |
| Independent Non-Executive Director | 3.3yrs | R1.14m | no data | |
| Independent Non-Executive Director | 3.6yrs | R1.17m | no data | |
| Lead Independent Director | 3.6yrs | R1.58m | no data | |
| Independent Non-Executive Director | 1.5yrs | R647.00k | no data | |
| Independent Non-Executive Director | 3.3yrs | R924.00k | no data |
3.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: SRH's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 05:45 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Shoprite Holdings Ltd is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Darren Cohn | Absa Bank Limited |
| Daniel Dias | Arqaam Capital Research Offshore S.A.L. |
| Michael de Nobrega | Avior Capital Markets |