Absa Group Limited

OTCPK:AGRP.Y Stock Report

Market Cap: US$8.1b

Absa Group Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Charles Russon

Chief executive officer

R31.6m

Total compensation

CEO salary percentage19.4%
CEO tenureno data
CEO ownership0.02%
Management average tenure1.8yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charles Russon's remuneration changed compared to Absa Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R19b

Mar 31 2024n/an/a

R19b

Dec 31 2023R32mR6m

R20b

Sep 30 2023n/an/a

R20b

Jun 30 2023n/an/a

R21b

Mar 31 2023n/an/a

R20b

Dec 31 2022R31mR6m

R20b

Sep 30 2022n/an/a

R20b

Jun 30 2022n/an/a

R20b

Mar 31 2022n/an/a

R19b

Dec 31 2021R29mR6m

R18b

Sep 30 2021n/an/a

R16b

Jun 30 2021n/an/a

R14b

Mar 31 2021n/an/a

R10b

Dec 31 2020R17mR6m

R6b

Sep 30 2020n/an/a

R6b

Jun 30 2020n/an/a

R7b

Mar 31 2020n/an/a

R11b

Dec 31 2019R24mR6m

R14b

Sep 30 2019n/an/a

R14b

Jun 30 2019n/an/a

R14b

Mar 31 2019n/an/a

R14b

Dec 31 2018R16mR875k

R14b

Compensation vs Market: Charles's total compensation ($USD1.80M) is below average for companies of similar size in the US market ($USD8.06M).

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

CEO

Charles Russon (58 yo)

no data

Tenure

R31,637,500

Compensation

Mr. Charles Russon is Interim Chief Executive Officer and Executive Director of Absa Group Limited and Absa Bank Limited since October 15, 2024. He served as Chief Executive of Corporate and Investment Ban...

Leadership Team

NamePositionTenureCompensationOwnership
Charles Russon
Interim CEO & Executive Directorno dataR31.64m0.017%
$ 1.4m
Arrie Rautenbach
Executive Officerno dataR40.03m0.032%
$ 2.6m
Faisal Mkhize
Chief Executive of Relationship Bankingno dataR18.27m0.0042%
$ 341.6k
Geoffrey Lee
Chief Executive of Product Solutions Cluster2.3yrsR20.53m0.0031%
$ 249.3k
Saviour Chibiya
Chief Executive of Absa Regional Operations2.3yrsR16.01mno data
Deon Raju
Group Financial Director & Executive Directorless than a yearno datano data
Yasmin Masithela
Interim Chief Executive of Corporate & Investment Bankno datano datano data
Johnson Idesoh
Group Chief Information & Technology Officer1.8yrsno datano data
Alan Hartdegen
Head of Investor Relationsno datano datano data
Akash Singh
Group Chief Compliance Officer4.9yrsno datano data
Sydney Mbhele
Group Chief Brand1.8yrsno datano data
Jeanett Modise
Group Chief People Officer1.8yrsno datano data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Management: AGRP.Y's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Charles Russon
Interim CEO & Executive Directorno dataR31.64m0.017%
$ 1.4m
Deon Raju
Group Financial Director & Executive Directorless than a yearno datano data
Prabashni Naidoo
Ex Officio Member & Group Chief Audit Executive3.5yrsno datano data
John Cummins
Independent Non-Executive Director2.9yrsR1.45mno data
Nkateko Mageza
Independent Non-Executive Director1.2yrsR733.88k0.0025%
$ 200.8k
Nonhlanhla Mjoli-Mncube
Lead Independent Director4yrsR1.74mno data
Matthews Moloko
Independent Non-Executive Group Chairman2.8yrsR6.95mno data
Rose Keanly
Independent Non-Executive Director5.1yrsR2.65mno data
Rene van Wyk
Independent Non-Executive Director4.2yrsR2.72mno data
Tasneem Abdool-Samad
Independent Non-Executive Director6.7yrsR3.34mno data
Ihron Rensburg
Independent Non-Executive Director5yrsR1.36mno data
Fulvio Tonelli
Independent Non-Executive Director4.3yrsR2.19mno data

3.8yrs

Average Tenure

63yo

Average Age

Experienced Board: AGRP.Y's board of directors are considered experienced (3.8 years average tenure).