Massmart Holdings Limited

OTCPK:MMRT.Y Stock Report

Market Cap: US$782.2m

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Massmart Holdings Management

Management criteria checks 3/4

Key information

Mitch Slape

Chief executive officer

R29.2m

Total compensation

CEO salary percentage23.7%
CEO tenure3.2yrs
CEO ownership0.1%
Management average tenure2.1yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mitch Slape's remuneration changed compared to Massmart Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 26 2022n/an/a

-R2b

Mar 26 2022n/an/a

-R2b

Dec 26 2021R29mR7m

-R2b

Jun 27 2021n/an/a

-R930m

Mar 27 2021n/an/a

-R982m

Dec 27 2020R24mR7m

-R1b

Sep 27 2020n/an/a

-R1b

Jun 28 2020n/an/a

-R1b

Mar 28 2020n/an/a

-R1b

Dec 29 2019R7mR744k

-R1b

Compensation vs Market: Mitch's total compensation ($USD1.70M) is below average for companies of similar size in the US market ($USD3.95M).

Compensation vs Earnings: Mitch's compensation has increased whilst the company is unprofitable.


CEO

Mitch Slape (54 yo)

3.2yrs

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

NamePositionTenureCompensationOwnership
Mitchell Slape
Group CEO & Executive Director3.2yrsR29.16m0.14%
ZAR 1.1m
Mohammed Abdool-Samad
Group CFO & Executive Director3.3yrsR8.16mno data
Jonathan Molapo
Chief Operating Officerless than a yearno datano data
Louise Lackay-Walters
Group Chief Ethics & Compliance Officer3.4yrsno datano data
Sandile Lukhele
Senior VP2.1yrsno datano data
Chwayita Mareka
Senior Vice President of Massmart Peopleless than a yearno datano data
Brian Leroni
Senior Vice President of Corporate Affairsno datano datano data
Llewellyn Walters
Chief Executive & Senior VP of Massmart Wholesaleno datano datano data
Dhari Moodley
Chief Audit Executiveno datano datano data
Varsha Dayaram
Senior Vice President of Group Financial Servicesno datano datano data
Sylvester John
Senior Vice President of eCommerceless than a yearno datano data
Kevin Vyvyan-Day
Divisional Chief Executive of Masscashno datano datano data

2.1yrs

Average Tenure

51yo

Average Age

Experienced Management: MMRT.Y's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Slape
Group CEO & Executive Director3.2yrsR29.16m0.14%
ZAR 1.1m
Mohammed Abdool-Samad
Group CFO & Executive Director3.3yrsR8.16mno data
Sindiswa Zilwa
Independent Non-Executive Director1.3yrsR362.00kno data
Kuseni Dlamini
Independent Non-Executive Chairman8.6yrsR2.06m0.0046%
ZAR 36.0k
Nolulamo Nobambiswano Gwagwa
Independent Non-Executive Director16yrsR705.00k0.0045%
ZAR 35.4k
John Suarez
Non-Independent Non-Executive Director3.8yrsno datano data
Mteto Nyati
Independent Non-Executive Directorless than a yearno datano data
Lindiwe Mthimunye-Bakoro
Independent Non-Executive Director3.8yrsR871.00kno data
Olufunke Ighodaro
Independent Deputy Chairman & Lead Independent Non-Executive Director4.1yrsR1.25m0.010%
ZAR 79.2k
Charles Redfield
Non-Executive Director2.8yrsno datano data
Daria Beckom
Non-Executive Director1.3yrsR198.00kno data

3.3yrs

Average Tenure

55yo

Average Age

Experienced Board: MMRT.Y's board of directors are considered experienced (3.3 years average tenure).


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