Bid Corporation Limited

OTCPK:BPPP.F Stock Report

Market Cap: US$7.7b

Bid Management

Management criteria checks 3/4

Bid's CEO is Bernard Berson, appointed in Apr 2016, has a tenure of 8.08 years. total yearly compensation is ZAR56.78M, comprised of 36.3% salary and 63.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $12.00M. The average tenure of the management team and the board of directors is 1.7 years and 8.2 years respectively.

Key information

Bernard Berson

Chief executive officer

R56.8m

Total compensation

CEO salary percentage36.3%
CEO tenure8.1yrs
CEO ownership0.2%
Management average tenure1.7yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bernard Berson's remuneration changed compared to Bid's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

R7b

Sep 30 2023n/an/a

R7b

Jun 30 2023R57mR21m

R7b

Mar 31 2023n/an/a

R6b

Dec 31 2022n/an/a

R6b

Sep 30 2022n/an/a

R5b

Jun 30 2022R49mR18m

R5b

Mar 31 2022n/an/a

R4b

Dec 31 2021n/an/a

R4b

Sep 30 2021n/an/a

R3b

Jun 30 2021R92mR19m

R3b

Mar 31 2021n/an/a

R2b

Dec 31 2020n/an/a

R497m

Sep 30 2020n/an/a

R975m

Jun 30 2020R42mR16m

R1b

Mar 31 2020n/an/a

R3b

Dec 31 2019n/an/a

R5b

Sep 30 2019n/an/a

R5b

Jun 30 2019R51mR16m

R5b

Mar 31 2019n/an/a

R5b

Dec 31 2018n/an/a

R4b

Sep 30 2018n/an/a

R4b

Jun 30 2018R32mR15m

R4b

Mar 31 2018n/an/a

R4b

Dec 31 2017n/an/a

R4b

Sep 30 2017n/an/a

R4b

Jun 30 2017R33mR15m

R4b

Compensation vs Market: Bernard's total compensation ($USD3.06M) is below average for companies of similar size in the US market ($USD8.43M).

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


CEO

Bernard Berson (57 yo)

8.1yrs

Tenure

R56,775,000

Compensation

Mr. Bernard Larry Berson, CA, BComm, BAcc has been Chief Executive Officer and Executive Director of BID Corporation Limited since April 14, 2016 and March 20, 2016 respectively. Mr. Berson serves as the C...


Leadership Team

NamePositionTenureCompensationOwnership
Bernard Berson
CEO & Executive Director8.1yrsR56.78m0.15%
ZAR 12.0m
David Cleasby
CFO & Executive Director8.1yrsR21.61m0.079%
ZAR 6.1m
Ashley Biggs
Group ESG Officer & Company Secretary8yrsno datano data
Nigel Boswell
Group Chief Development Officerno datano datano data
Grant Cox
Chief Executive Officer of Bidfood Spain4.3yrsno datano data
Justine Hopkinson
CEO of BidOne1.7yrsno datano data
Thierry Legat
Chief Executive Officer of Bidfood Belgium1.7yrsno datano data
Phil Struckmann
Chief Executive Officer of Bidfood New Zealand1.7yrsno datano data
Gabriel Abramovicz
Chief Executive Officer of Bidfood Chile1.7yrsno datano data
Andrew Selley
Chief Executive Officer of Bidfood UK1.7yrsno datano data
Brent Varcoe
Chief Executive Officer of Bidfood South Africa1.7yrsno datano data
Ramunas Makutenas
Chief Executive Officer of Bidfood Baltics1.7yrsno datano data

1.7yrs

Average Tenure

Experienced Management: BPPP.F's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Bernard Berson
CEO & Executive Director8.2yrsR56.78m0.15%
ZAR 12.0m
David Cleasby
CFO & Executive Director16.7yrsR21.61m0.079%
ZAR 6.1m
Brian Joffe
Independent Non-Executive Director28.8yrsR1.13mno data
Stephen Koseff
Independent Non-Executive Chairman6.8yrsR4.06m0.00035%
ZAR 27.1k
Paul Baloyi
Independent Non-Executive Director8.2yrsR1.49mno data
Nigel George Payne
Lead Independent Non Executive Director8.2yrsR1.84mno data
Clifford Rosenberg
Independent Non-Executive Director4.7yrsR1.83mno data
Keneilwe Moloko
Independent Non-Executive Director2.8yrsR1.04mno data
Tasneem Abdool-Samad
Independent Non-Executive Director4.7yrsR1.13mno data
Helen Wiseman
Independent Non-Executive Director8.2yrsR2.79mno data

8.2yrs

Average Tenure

60yo

Average Age

Experienced Board: BPPP.F's board of directors are considered experienced (8.2 years average tenure).


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