Netcare Management

Management criteria checks 4/4

Netcare's CEO is Richard Friedland, appointed in Sep 2005, has a tenure of 19.17 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 $243.22K. The average tenure of the management team and the board of directors is 4.8 years and 4.2 years respectively.

Key information

Richard Friedland

Chief executive officer

R39.0m

Total compensation

CEO salary percentage29.4%
CEO tenure19.2yrs
CEO ownership0.02%
Management average tenure4.8yrs
Board average tenure4.2yrs

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 ($USD2.15M) is below average for companies of similar size in the US market ($USD3.16M).

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


CEO

Richard Friedland (63 yo)

19.2yrs

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 Director19.2yrsR38.96m0.024%
$ 243.2k
Keith Gibson
Group CFO & Executive Director13yrsR20.39m0.040%
$ 411.7k
Craig Grindell
Managing Director of Netcare 9117.5yrsR11.43m0.00071%
$ 7.3k
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 Counsel4.2yrsno datano data
Nceba Ndzwayiba
Group HR & Transformation Director3.8yrsno datano data
Billyy van der Merwe
Managing Director of Primary Care7.3yrsR11.60mno data
Teshlin Akaloo
Managing Director of Innovative Products4.8yrsR9.61mno data
Boniswa Kama
Chief Data Officer3.8yrsno datano data

4.8yrs

Average Tenure

49yo

Average Age

Experienced Management: NWKH.Y's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Friedland
Group CEO & Executive Director27.5yrsR38.96m0.024%
$ 243.2k
Keith Gibson
Group CFO & Executive Director13yrsR20.39m0.040%
$ 411.7k
Bukelwa Bulo
Independent Non-Executive Director9yrsR1.68mno data
Alexander Maditse
Lead Independent Non-Executive Director1.4yrsR1.11mno data
Lezanne Human
Independent Non-Executive Director5.5yrsR1.56mno data
Rozett Phillips
Independent Non Executive Director2.8yrsR1.13mno data
Louisa Stephens
Independent Non-Executive Director1.8yrsR1.07mno data
Ian Kirk
Independent Non-Executive Director1.8yrsR945.00kno data

4.2yrs

Average Tenure

54yo

Average Age

Experienced Board: NWKH.Y's board of directors are considered experienced (4.2 years average tenure).