Harmony Gold Mining Company Limited

NYSE:HMY Stock Report

Market Cap: US$5.7b

Harmony Gold Mining Management

Management criteria checks 4/4

Harmony Gold Mining's CEO is Peter Steenkamp, appointed in Jan 2016, has a tenure of 8.83 years. total yearly compensation is ZAR18.00M, comprised of 56.7% salary and 43.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $6.55M. The average tenure of the management team and the board of directors is 6.8 years and 10.2 years respectively.

Key information

Peter Steenkamp

Chief executive officer

R18.0m

Total compensation

CEO salary percentage56.7%
CEO tenure8.8yrs
CEO ownership0.1%
Management average tenure6.8yrs
Board average tenure10.2yrs

Recent management updates

Recent updates

Harmony Gold: Solid Bullish Conviction In The Market. Possible "Dip" Opportunity

Nov 12

Harmony Gold: A High-Cost Miner Significantly Leveraged To Gold Prices

Aug 27

Harmony Gold Mining: Lower Fundamental Risk Comes With Higher Price

Jul 24

Harmony Gold: Rally Continues As Operations Expand And Gold Prices Rise

May 09

Harmony Gold: Bright Outlook And Possible Lower Share Price

Feb 21

Harmony Gold: Shiny Fundamentals, But A Dull 2024 Outlook For Gold

Dec 04

Harmony Gold: I Find The Stock Attractive

Sep 18

Harmony Gold Mining: Looks Attractive Below $4

Jul 10

Harmony Gold: Production In Line With Guidance

Feb 03

Harmony Gold: Unconvincing Margins And Overestimated Price Support

Jan 11

Harmony Gold: An Earnings Recovery Story And A Bullish Technical Picture Shapes Up

Dec 26

Harmony Gold: Acquisition Of A Copper/Gold Project In Australia Makes Sense

Oct 12

Harmony Gold Mining: The Rebound Chance Is Slim But Don't Lose Hope

Sep 24

Harmony Gold Mining GAAP EPS of -$0.08, revenue of $2.8B beats by $130M

Aug 30

Harmony Gold: Needs Higher Gold Prices To Maintain Profitability

Jul 08

Harmony Gold: Hidden Valley's Technical Issues Weighing On Guidance

Mar 21

Harmony Gold: First Quarter 2022 Production Analysis

Jan 08

Harmony Gold: An Inferior Way To Buy The Dip

Jan 01

Harmony Gold: Impressive Results While The Stock Price Underperforms

Sep 03

Harmony Gold: Old Faithful Is Looking Cheap Based On Fundamentals

Jul 19

Harmony Gold: Margins Continue To Improve

May 03

Harmony Gold Mining: Balancing The Equation

Dec 24

Harmony Gold's free cash flow, production surged in Q1

Nov 09

CEO Compensation Analysis

How has Peter Steenkamp's remuneration changed compared to Harmony Gold Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R18mR10m

R9b

Mar 31 2024n/an/a

R9b

Dec 31 2023n/an/a

R9b

Sep 30 2023n/an/a

R7b

Jun 30 2023R15mR10m

R5b

Mar 31 2023n/an/a

R2b

Dec 31 2022n/an/a

-R600m

Sep 30 2022n/an/a

-R826m

Jun 30 2022R18mR9m

-R1b

Mar 31 2022n/an/a

R425m

Dec 31 2021n/an/a

R2b

Sep 30 2021n/an/a

R3b

Jun 30 2021R16mR9m

R5b

Mar 31 2021n/an/a

R4b

Dec 31 2020n/an/a

R2b

Sep 30 2020n/an/a

R743m

Jun 30 2020R12mR8m

-R878m

Mar 31 2020n/an/a

-R1b

Dec 31 2019n/an/a

-R1b

Sep 30 2019n/an/a

-R2b

Jun 30 2019R16mR8m

-R3b

Mar 31 2019n/an/a

-R4b

Dec 31 2018n/an/a

-R5b

Sep 30 2018n/an/a

-R5b

Jun 30 2018R15mR8m

-R4b

Compensation vs Market: Peter's total compensation ($USD994.39K) is below average for companies of similar size in the US market ($USD7.81M).

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

CEO

Peter Steenkamp (64 yo)

8.8yrs

Tenure

R18,002,000

Compensation

Mr. Peter William Steenkamp, BEng (Mining), Mine Manager’s Certificate Metal Mines, Mine Manager’s Certificate Fiery Mines, CPIR, MDP, BLDP has been the Chief Executive Officer and Executive Director of Ha...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Steenkamp
CEO & Executive Director8.8yrsR18.00m0.12%
$ 6.5m
Boipelo Lekubo
Financial Director & Executive Director4.7yrsR11.21m0.014%
$ 793.3k
Beyers Nel
Group Chief Operating Officer of Operations1.8yrsR14.78m0.018%
$ 1.0m
Anton Buthelezi
Senior Executive of Human Capital13.1yrsR9.15mno data
Johannes van Heerden
Group COO of Business Development & Growth16.8yrsR13.62m0.018%
$ 1.0m
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Directorno dataR9.32m0.014%
$ 785.9k
Marian Van Der Walt
Senior Executive of Enterprise & Investor Relationsno dataR8.71m0.011%
$ 621.4k
Siphamandla Mthethwa
Executive Head of Technical & Engineeringno datano datano data
Hendrik Kotze
Chief Information Officerless than a yearno datano data
Jared Coetzer
Head of Investor Relationsno datano datano data
Besky Maluleka-Ngunjiri
Chief Audit Executiveno datano datano data
D. Fourie
Head of Department - Geostatisticianno datano datano data

6.8yrs

Average Tenure

51yo

Average Age

Experienced Management: HMY's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Steenkamp
CEO & Executive Director8.8yrsR18.00m0.12%
$ 6.5m
Boipelo Lekubo
Financial Director & Executive Director4.7yrsR11.21m0.014%
$ 793.3k
Harry Mashego
Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director14.8yrsR9.32m0.014%
$ 785.9k
Patrice Motsepe
Non-Independent Non-Executive Chairman21.2yrsR2.15mno data
Peter Turner
Independent Non-Executive Director3.8yrsR1.13mno data
Mavuso Msimang
Lead Independent Non-Executive Director13.7yrsR1.28mno data
Vishnu Pillay
Independent Non-Executive Director11.5yrsR1.44mno data
Karabo Nondumo
Independent Non-Executive Deputy Chairman11.5yrsR1.94mno data
John Wetton
Independent Non-Executive Director13.3yrsR1.59mno data
Given Sibiya
Independent Non-Executive Director5.5yrsR1.07mno data
Bongani Nqwababa
Independent Non-Executive Director2.5yrsR1.34mno data
Martin Prinsloo
Independent Non-Executive Director2.5yrsR1.22mno data

10.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: HMY's board of directors are seasoned and experienced ( 10.2 years average tenure).