Nigerian Breweries Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Hans Essaadi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	n/a
Management average tenure	3.3yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO

Hans Essaadi (58 yo)

3.3yrs

Tenure

Mr. Hans Essaadi serves as the Managing Director, Chief Executive Officer & Director at Nigerian Breweries Plc since July 31, 2021. He serves as the Managing Director of Al Haram Beverages, the Heineken Op...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hans Essaadi	MD, CEO & Director	3.3yrs	no data	no data
Bernardus Wessels Boer	Finance Director & Director	2.2yrs	no data	no data
Philomena Aneke	Digital & Technology Director	no data	no data	no data
Uaboi Agbebaku	Company Secretary & Legal Director	21.8yrs	no data	no data
Emmanuel Oriakhi	Marketing Director	no data	no data	no data
Grace Omo-Lamai	Human Resource Director	no data	no data	no data
Martin Koehl	Supply Chain Director	no data	no data	no data
Sade Morgan	Corporate Affair Director	no data	no data	no data

3.3yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Hans Essaadi	MD, CEO & Director	3.3yrs	no data	no data
Bernardus Wessels Boer	Finance Director & Director	2.2yrs	no data	no data
Sijbe Hiemstra	Interim Chairman	13.3yrs	no data	no data
Roland Jacques Pirmez	Non-Executive Director	9.2yrs	no data	no data
Ibrahim Puri	Non-Executive Director	2.3yrs	no data	no data
Ifueko M. Okauru	Non-Executive Director	11.8yrs	no data	0.00044% NGN 1.2m
Stella Ojekwe-Onyejeli	Independent Non-Executive Director	less than a year	no data	0.00028% NGN 776.9k
Juliet Anammah	Independent Non-Executive Director	2.8yrs	no data	no data
Adeyinka Aroyewun	Independent Non-Executive Director	5.8yrs	no data	0.00051% NGN 1.4m
Jaap Overmars	Non-Executive Director	1.1yrs	no data	no data

3.1yrs

Average Tenure

60yo

Average Age

Experienced Board: NB's board of directors are considered experienced (3.1 years average tenure).

Nigerian Breweries Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: ₦6.28 loss per share (vs ₦0.93 loss in 3Q 2023)

Nigerian Breweries Plc to Report Q3, 2024 Results on Oct 23, 2024

Price target decreased by 7.5% to ₦29.51

Consensus EPS estimates fall by 21%, revenue upgraded

New minor risk - Share price stability

Second quarter 2024 earnings released: ₦3.21 loss per share (vs ₦4.44 loss in 2Q 2023)

Nigerian Breweries Plc to Report First Half, 2024 Results on Jul 30, 2024

Price target decreased by 7.4% to ₦34.75

Consensus estimates of losses per share improve by 19%

First quarter 2024 earnings released: ₦6.27 loss per share (vs ₦1.29 loss in 1Q 2023)

Price target decreased by 13% to ₦36.31

Price target decreased by 10% to ₦44.25

Third quarter 2023 earnings released: ₦1.16 loss per share (vs ₦0.39 loss in 3Q 2022)

Price target increased by 8.3% to ₦51.29

First quarter 2023 earnings released: ₦1.29 loss per share (vs ₦1.35 profit in 1Q 2022)

Full year 2022 earnings released: EPS: ₦1.58 (vs ₦1.26 in FY 2021)

Investor sentiment improved over the past week

Price target decreased to ₦44.95

Investor sentiment improved over the past week

Upcoming dividend of ₦0.40 per share

Price target decreased to ₦59.02

Less than half of directors are independent

Third quarter 2022 earnings released: ₦0.49 loss per share (vs ₦0.06 profit in 3Q 2021)

Second quarter 2022 earnings released: EPS: ₦0.64 (vs ₦0.009 in 2Q 2021)

Investor sentiment deteriorated over the past week

Consensus EPS estimates increase by 14%

Price target increased to ₦56.70

Investor sentiment improved over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ₦56.16

Less than half of directors are independent

Price target decreased to ₦50.10

Upcoming dividend of ₦1.20 per share

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Upcoming dividend of ₦0.40 per share

Third quarter 2021 earnings released: EPS ₦0.06 (vs ₦0.17 in 3Q 2020)

Consensus forecasts updated

Less than half of directors are independent

First quarter 2021 earnings released: EPS ₦0.96 (vs ₦0.72 in 1Q 2020)

Price target raised to ₦48.11

Price target raised to ₦44.76

New 90-day low: ₦53.10

Price target raised to ₦41.97

Market bids up stock over the past week

New 90-day high: ₦56.00

Analysts increase EPS estimates to ₦1.31

Price target raised to ₦39.01

Third quarter earnings released

New 90-day high: ₦42.00

New 90-day low - ₦28.40

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age