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 8.33 years. total yearly compensation is ZAR15.16M, comprised of 63.9% salary and 36.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $5.77M. The average tenure of the management team and the board of directors is 8.3 years and 9.7 years respectively.
Key information
Peter Steenkamp
Chief executive officer
R15.2m
Total compensation
| CEO salary percentage | 63.9% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.3yrs |
| Board average tenure | 9.7yrs |
Recent management updates
Recent updates
Harmony Gold: Bright Outlook And Possible Lower Share Price
Feb 21Harmony Gold: Shiny Fundamentals, But A Dull 2024 Outlook For Gold
Dec 04Harmony Gold: I Find The Stock Attractive
Sep 18Harmony Gold Mining: Looks Attractive Below $4
Jul 10Harmony Gold: Production In Line With Guidance
Feb 03Harmony Gold: Unconvincing Margins And Overestimated Price Support
Jan 11Harmony Gold: An Earnings Recovery Story And A Bullish Technical Picture Shapes Up
Dec 26Harmony Gold: Acquisition Of A Copper/Gold Project In Australia Makes Sense
Oct 12Harmony Gold Mining: The Rebound Chance Is Slim But Don't Lose Hope
Sep 24Harmony Gold Mining GAAP EPS of -$0.08, revenue of $2.8B beats by $130M
Aug 30Harmony Gold: Needs Higher Gold Prices To Maintain Profitability
Jul 08Harmony Gold: Hidden Valley's Technical Issues Weighing On Guidance
Mar 21Harmony Gold: First Quarter 2022 Production Analysis
Jan 08Harmony Gold: An Inferior Way To Buy The Dip
Jan 01Harmony Gold: Impressive Results While The Stock Price Underperforms
Sep 03Harmony Gold: Old Faithful Is Looking Cheap Based On Fundamentals
Jul 19Harmony Gold: Margins Continue To Improve
May 03Harmony Gold Mining: Balancing The Equation
Dec 24Harmony Gold's free cash flow, production surged in Q1
Nov 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R9b |
| Sep 30 2023 | n/a | n/a | R7b |
| Jun 30 2023 | R15m | R10m | R5b |
| Mar 31 2023 | n/a | n/a | R2b |
| Dec 31 2022 | n/a | n/a | -R600m |
| Sep 30 2022 | n/a | n/a | -R826m |
| Jun 30 2022 | R18m | R9m | -R1b |
| Mar 31 2022 | n/a | n/a | R425m |
| Dec 31 2021 | n/a | n/a | R2b |
| Sep 30 2021 | n/a | n/a | R3b |
| Jun 30 2021 | R16m | R9m | R5b |
| Mar 31 2021 | n/a | n/a | R4b |
| Dec 31 2020 | n/a | n/a | R2b |
| Sep 30 2020 | n/a | n/a | R743m |
| Jun 30 2020 | R12m | R8m | -R878m |
| Mar 31 2020 | n/a | n/a | -R1b |
| Dec 31 2019 | n/a | n/a | -R1b |
| Sep 30 2019 | n/a | n/a | -R2b |
| Jun 30 2019 | R16m | R8m | -R3b |
| Mar 31 2019 | n/a | n/a | -R4b |
| Dec 31 2018 | n/a | n/a | -R5b |
| Sep 30 2018 | n/a | n/a | -R5b |
| Jun 30 2018 | R15m | R8m | -R4b |
| Mar 31 2018 | n/a | n/a | -R2b |
| Dec 31 2017 | n/a | n/a | -R280m |
| Sep 30 2017 | n/a | n/a | R41m |
| Jun 30 2017 | R11m | R7m | R362m |
Compensation vs Market: Peter's total compensation ($USD818.84K) is below average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Steenkamp (63 yo)
8.3yrs
Tenure
R15,157,772
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.3yrs | R15.16m | 0.11% ZAR 5.8m | |
| Financial Director & Executive Director | 4.2yrs | R10.23m | 0.0085% ZAR 468.1k | |
| Group Chief Operating Officer of Operations | 1.3yrs | R9.09m | 0.013% ZAR 704.8k | |
| Senior Executive of Human Capital | 12.6yrs | R7.21m | no data | |
| Group COO of Business Development & Growth | 16.3yrs | R11.39m | 0.012% ZAR 655.0k | |
| Senior Executive of Enterprise & Investor Relations | no data | R7.12m | 0.0076% ZAR 416.5k | |
| Executive Head of Technical & Engineering | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | no data | R8.96m | 0.0092% ZAR 504.2k | |
| Chief Audit Executive | no data | no data | no data | |
| Head of Department - Geostatistician | no data | no data | no data | |
| Chief Financial Officer of Treasury | no data | no data | no data |
8.3yrs
Average Tenure
50yo
Average Age
Experienced Management: HMY's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.3yrs | R15.16m | 0.11% ZAR 5.8m | |
| Financial Director & Executive Director | 4.2yrs | R10.23m | 0.0085% ZAR 468.1k | |
| Executive Director of Stakeholder Relations & Corporate Affairs and Executive Director | 14.3yrs | R8.96m | 0.0092% ZAR 504.2k | |
| Non-Independent Non-Executive Chairman | 20.7yrs | R2.01m | no data | |
| Independent Non-Executive Director | 3.3yrs | R1.18m | no data | |
| Lead Independent Non-Executive Director | 13.2yrs | R1.22m | no data | |
| Independent Non-Executive Director | 11yrs | R1.33m | no data | |
| Independent Non-Executive Deputy Chairman | 11yrs | R1.88m | no data | |
| Independent Non-Executive Director | 12.8yrs | R1.54m | no data | |
| Independent Non-Executive Director | 5yrs | R1.01m | no data | |
| Independent Non-Executive Director | 2yrs | R1.47m | no data | |
| Independent Non-Executive Director | 2yrs | R1.35m | no data |
9.7yrs
Average Tenure
59.5yo
Average Age
Experienced Board: HMY's board of directors are considered experienced (9.7 years average tenure).