Netcare Management

Management criteria checks 4/4

Netcare's CEO is Richard Friedland, appointed in Sep 2005, has a tenure of 19.33 years. total yearly compensation is ZAR38.96M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth $236.35K. The average tenure of the management team and the board of directors is 5 years and 4.3 years respectively.

Key information

Richard Friedland

Chief executive officer

R39.0m

Total compensation

CEO salary percentage29.4%
CEO tenure19.3yrs
CEO ownership0.02%
Management average tenure5yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Richard Friedland's remuneration changed compared to Netcare's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024R39mR11m

R1b

Jun 30 2024n/an/a

R1b

Mar 31 2024n/an/a

R1b

Dec 31 2023n/an/a

R1b

Sep 30 2023R40mR11m

R1b

Jun 30 2023n/an/a

R1b

Mar 31 2023n/an/a

R1b

Dec 31 2022n/an/a

R1b

Sep 30 2022R14mR10m

R967m

Jun 30 2022n/an/a

R881m

Mar 31 2022n/an/a

R794m

Dec 31 2021n/an/a

R762m

Sep 30 2021R11mR10m

R730m

Jun 30 2021n/an/a

R438m

Mar 31 2021n/an/a

R146m

Dec 31 2020n/an/a

R262m

Sep 30 2020R15mR9m

R378m

Jun 30 2020n/an/a

R1b

Mar 31 2020n/an/a

R2b

Dec 31 2019n/an/a

R2b

Sep 30 2019R10mR9m

R2b

Jun 30 2019n/an/a

R2b

Mar 31 2019n/an/a

R2b

Dec 31 2018n/an/a

R2b

Sep 30 2018R19mR9m

R1b

Compensation vs Market: Richard's total compensation ($USD2.08M) is below average for companies of similar size in the US market ($USD3.23M).

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


CEO

Richard Friedland (63 yo)

19.3yrs

Tenure

R38,957,000

Compensation

Dr. Richard Harold Friedland, BvSc, MBBCh, Dip Fin Man, MBA has been the Group Chief Executive Officer of Netcare Limited since September 1, 2005. Dr. Friedland has been an Executive Director at Netcare Li...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Friedland
Group CEO & Executive Director19.3yrsR38.96m0.024%
$ 236.4k
Keith Gibson
Group CFO & Executive Director13.2yrsR20.39m0.046%
$ 459.0k
Craig Grindell
Managing Director of Netcare 9117.7yrsR11.43m0.00071%
$ 7.1k
Billyy van der Merwe
Managing Director of Primary Care7.4yrsR11.83mno data
Teshlin Akaloo
Managing Director of Innovative Products5yrsR9.69mno data
Erich Bock
Acting Managing Director of Hospitalsless than a yearR4.31mno data
Travis Dewing
Chief Information Officerno datano datano data
Charles Vikisi
Group Company Secretary & General Counsel4.3yrsno datano data
Nceba Ndzwayiba
Group HR & Transformation Director4yrsno datano data
Boniswa Kama
Chief Data Officer4yrsno datano data

5.0yrs

Average Tenure

49yo

Average Age

Experienced Management: NWKH.Y's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Friedland
Group CEO & Executive Director27.7yrsR38.96m0.024%
$ 236.4k
Keith Gibson
Group CFO & Executive Director13.2yrsR20.39m0.046%
$ 459.0k
Bukelwa Bulo
Independent Non-Executive Director9.2yrsR1.68mno data
Alexander Maditse
Lead Independent Non-Executive Director1.6yrsR1.11mno data
Lezanne Human
Independent Non-Executive Director5.7yrsR1.56mno data
Rozett Phillips
Independent Non Executive Director3yrsR1.42mno data
Louisa Stephens
Independent Non-Executive Director2yrsR1.07mno data
Ian Kirk
Independent Non-Executive Director2yrsR945.00kno data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: NWKH.Y's board of directors are considered experienced (4.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 04:01
End of Day Share Price 2024/11/26 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Netcare Limited is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rendani MagalelaAbsa Bank Limited
Sean UngererArqaam Capital Research Offshore S.A.L.
Simon MatherBarclays