This company has been acquired
Massmart Holdings Management
Management criteria checks 3/4
Key information
Mitch Slape
Chief executive officer
R29.2m
Total compensation
| CEO salary percentage | 23.7% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2yrs |
| Board average tenure | 3.2yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 26 2022 | n/a | n/a | -R2b |
| Mar 26 2022 | n/a | n/a | -R2b |
| Dec 26 2021 | R29m | R7m | -R2b |
| Jun 27 2021 | n/a | n/a | -R930m |
| Mar 27 2021 | n/a | n/a | -R982m |
| Dec 27 2020 | R24m | R7m | -R1b |
| Sep 27 2020 | n/a | n/a | -R1b |
| Jun 28 2020 | n/a | n/a | -R1b |
| Mar 28 2020 | n/a | n/a | -R1b |
| Dec 29 2019 | R7m | R744k | -R1b |
Compensation vs Market: Mitch's total compensation ($USD1.61M) is below average for companies of similar size in the US market ($USD4.13M).
Compensation vs Earnings: Mitch's compensation has increased whilst the company is unprofitable.
CEO
Mitch Slape (54 yo)
3.1yrs
Tenure
R29,160,000
Compensation
Mr. Mitchell W. Slape, also known as Mitch, has been the Group Chief Executive Officer of Massmart Holdings Ltd since October 2020 and Executive Director since September 1, 2019. He was the Chief Operating...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 3.1yrs | R29.16m | 0.14% ZAR 1.0m | |
| Group CFO & Executive Director | 3.2yrs | R8.16m | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| Group Chief Ethics & Compliance Officer | 3.3yrs | no data | no data | |
| Senior VP | 2yrs | no data | no data | |
| Senior Vice President of Massmart People | less than a year | no data | no data | |
| Senior Vice President of Corporate Affairs | no data | no data | no data | |
| Chief Executive & Senior VP of Massmart Wholesale | no data | no data | no data | |
| Chief Audit Executive | no data | no data | no data | |
| Senior Vice President of Group Financial Services | no data | no data | no data | |
| Senior Vice President of eCommerce | less than a year | no data | no data | |
| Divisional Chief Executive of Masscash | no data | no data | no data |
2.0yrs
Average Tenure
51yo
Average Age
Experienced Management: MMRT.F's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 3.1yrs | R29.16m | 0.14% ZAR 1.0m | |
| Group CFO & Executive Director | 3.2yrs | R8.16m | no data | |
| Independent Non-Executive Director | 1.2yrs | R362.00k | no data | |
| Independent Non-Executive Chairman | 8.5yrs | R2.06m | 0.0046% ZAR 33.4k | |
| Independent Non-Executive Director | 15.9yrs | R705.00k | 0.0045% ZAR 32.9k | |
| Non-Independent Non-Executive Director | 3.7yrs | no data | no data | |
| Independent Non-Executive Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 3.7yrs | R871.00k | no data | |
| Independent Deputy Chairman & Lead Independent Non-Executive Director | 4yrs | R1.25m | 0.010% ZAR 73.7k | |
| Non-Executive Director | 2.7yrs | no data | no data | |
| Non-Executive Director | 1.2yrs | R198.00k | no data |
3.2yrs
Average Tenure
55yo
Average Age
Experienced Board: MMRT.F's board of directors are considered experienced (3.2 years average tenure).