Lafarge Africa Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Lolu Alade-Akinyemi
Chief executive officer
₦250.3m
Total compensation
CEO salary percentage | 64.5% |
CEO tenure | less than a year |
CEO ownership | n/a |
Management average tenure | 1.3yrs |
Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | ₦41b |
Dec 31 2023 | ₦250m | ₦162m | ₦51b |
Sep 30 2023 | n/a | n/a | ₦48b |
Jun 30 2023 | n/a | n/a | ₦52b |
Mar 31 2023 | n/a | n/a | ₦51b |
Dec 31 2022 | ₦155m | ₦145m | ₦54b |
Sep 30 2022 | n/a | n/a | ₦56b |
Jun 30 2022 | n/a | n/a | ₦60b |
Mar 31 2022 | n/a | n/a | ₦59b |
Dec 31 2021 | ₦105m | ₦96m | ₦51b |
Sep 30 2021 | n/a | n/a | ₦43b |
Jun 30 2021 | n/a | n/a | ₦36b |
Mar 31 2021 | n/a | n/a | ₦32b |
Dec 31 2020 | ₦97m | ₦88m | ₦31b |
Compensation vs Market: Lolu's total compensation ($USD178.25K) is below average for companies of similar size in the NG market ($USD827.51K).
Compensation vs Earnings: Lolu's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Lolu Alade-Akinyemi
less than a year
Tenure
₦250,347,000
Compensation
Mr. Lolu Alade-Akinyemi serves as Managing Director and Chief Executive Officer of Lafarge Africa Plc since June 2023. He had been Supply Chain Director at Lafarge Africa Plc since 2019 and serves as its D...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | less than a year | ₦250.35m | no data | |
Interim Chief Financial Officer | 1.3yrs | no data | no data | |
General Counsel & Company Secretary | 6.4yrs | no data | no data | |
Director of Communications | no data | no data | no data | |
Director of Organisation & Human Resources | 4yrs | no data | no data | |
Managing Director of Ashaka Cement | no data | no data | no data | |
Head of Geocycle Nigeria | no data | no data | no data | |
Head of Sustainable Development & Brand | no data | no data | no data | |
Head of Health | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: WAPCO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
MD, CEO & Director | 4.1yrs | ₦250.35m | no data | |
Independent Non-Executive Director | 4.1yrs | ₦18.84m | no data | |
Independent Non-Executive Director | 3.9yrs | ₦20.04m | no data | |
Chairman | 11.4yrs | ₦26.95m | no data | |
Non-Executive Director | 5.2yrs | no data | no data | |
Independent Non-Executive Director | 9.2yrs | ₦18.04m | no data | |
Non-Executive Director | 9.2yrs | ₦19.24m | 0.0013% NGN 6.7m | |
Non-Executive Director | less than a year | no data | no data | |
Non-Executive Director | 4.3yrs | ₦384.45m | no data | |
Non-Executive Director | 2.1yrs | no data | no data | |
Non-Executive Director | less than a year | no data | no data |
4.1yrs
Average Tenure
Experienced Board: WAPCO's board of directors are considered experienced (4.1 years average tenure).