Netcare Management
Management criteria checks 3/4
Netcare's CEO is Richard Friedland, appointed in Sep 2005, has a tenure of 18.58 years. total yearly compensation is ZAR40.01M, comprised of 27.3% salary and 72.7% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth $180.57K. The average tenure of the management team and the board of directors is 5.5 years and 6.7 years respectively.
Key information
Richard Friedland
Chief executive officer
R40.0m
Total compensation
| CEO salary percentage | 27.3% |
| CEO tenure | 18.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | R40m | R11m | R1b |
| Jun 30 2023 | n/a | n/a | R1b |
| Mar 31 2023 | n/a | n/a | R1b |
| Dec 31 2022 | n/a | n/a | R1b |
| Sep 30 2022 | R14m | R10m | R967m |
| Jun 30 2022 | n/a | n/a | R881m |
| Mar 31 2022 | n/a | n/a | R794m |
| Dec 31 2021 | n/a | n/a | R762m |
| Sep 30 2021 | R11m | R10m | R730m |
| Jun 30 2021 | n/a | n/a | R438m |
| Mar 31 2021 | n/a | n/a | R146m |
| Dec 31 2020 | n/a | n/a | R262m |
| Sep 30 2020 | R15m | R9m | R378m |
| Jun 30 2020 | n/a | n/a | R1b |
| Mar 31 2020 | n/a | n/a | R2b |
| Dec 31 2019 | n/a | n/a | R2b |
| Sep 30 2019 | R10m | R9m | R2b |
| Jun 30 2019 | n/a | n/a | R2b |
| Mar 31 2019 | n/a | n/a | R2b |
| Dec 31 2018 | n/a | n/a | R2b |
| Sep 30 2018 | R19m | R9m | R1b |
| Jun 30 2018 | n/a | n/a | R2b |
| Mar 31 2018 | n/a | n/a | R4b |
| Dec 31 2017 | n/a | n/a | R4b |
| Sep 30 2017 | R16m | R8m | R5b |
Compensation vs Market: Richard's total compensation ($USD2.13M) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.
CEO
Richard Friedland (62 yo)
18.6yrs
Tenure
R40,007,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 18.6yrs | R40.01m | 0.023% ZAR 180.6k | |
| Group CFO & Executive Director | 12.4yrs | R18.76m | 0.038% ZAR 306.0k | |
| Managing Director of Hospitals | no data | R16.37m | 0% ZAR 0 | |
| Managing Director of Netcare 911 | 6.9yrs | R10.55m | 0.0051% ZAR 40.8k | |
| Managing Director of Innovative Products | 4.3yrs | R9.61m | no data | |
| Chief Information Officer | no data | no data | no data | |
| Group Company Secretary & General Counsel | 3.6yrs | no data | no data | |
| Group HR & Transformation Director | 3.3yrs | no data | no data | |
| Managing Director of Primary Care | 6.7yrs | R5.56m | no data | |
| Chief Data Officer | 3.3yrs | no data | no data |
5.5yrs
Average Tenure
50yo
Average Age
Experienced Management: NWKH.Y's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 26.9yrs | R40.01m | 0.023% ZAR 180.6k | |
| Group CFO & Executive Director | 12.4yrs | R18.76m | 0.038% ZAR 306.0k | |
| Independent Chairman | 8.4yrs | R2.29m | no data | |
| Independent Non-Executive Director | 8.4yrs | R1.50m | no data | |
| Independent Non-Executive Director | 4.9yrs | R1.30m | no data | |
| Independent Non Executive Director | 2.3yrs | R1.13m | no data | |
| Independent Non-Executive Director | 1.3yrs | R742.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | R513.00k | no data |
6.7yrs
Average Tenure
53yo
Average Age
Experienced Board: NWKH.Y's board of directors are considered experienced (6.7 years average tenure).