African Rainbow Minerals Limited

OTCPK:AFBO.F Stock Report

Market Cap: US$1.7b

African Rainbow Minerals Management

Management criteria checks 4/4

African Rainbow Minerals' CEO is Velile Tobias, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is ZAR13.85M, comprised of 61.4% salary and 38.6% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $173.98K. The average tenure of the management team and the board of directors is 10.3 years and 14.8 years respectively.

Key information

Velile Tobias

Chief executive officer

R13.8m

Total compensation

CEO salary percentage61.4%
CEO tenure1.5yrs
CEO ownership0.01%
Management average tenure10.3yrs
Board average tenure14.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Velile Tobias's remuneration changed compared to African Rainbow Minerals's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R14mR9m

R3b

Mar 31 2024n/an/a

R4b

Dec 31 2023n/an/a

R5b

Sep 30 2023n/an/a

R6b

Jun 30 2023R16mR7m

R8b

Mar 31 2023n/an/a

R11b

Dec 31 2022n/an/a

R13b

Sep 30 2022n/an/a

R13b

Jun 30 2022R11mR4m

R12b

Compensation vs Market: Velile's total compensation ($USD761.47K) is below average for companies of similar size in the US market ($USD5.36M).

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

CEO

Velile Tobias (53 yo)

1.5yrs

Tenure

R13,849,000

Compensation

Mr. Velile Phillip Tobias, BSc (Mining Engineering), serves as Chief Executive Officer and Executive Director of African Rainbow Minerals Limited since May 1, 2023. He was Chief Operating Officer of Africa...

Leadership Team

NamePositionTenureCompensationOwnership
Patrice Motsepe
Executive Chairman21.5yrsR38.46mno data
Velile Tobias
CEO & Executive Director1.5yrsR13.85m0.010%
$ 174.0k
Tsundzukani T. Mhlanga
Finance Director & Executive Director4.1yrsR17.63m0.015%
$ 263.0k
André Joubert
Chief Executive of ARM Ferrous12.3yrsR21.20mno data
Hamilton Mkatshana
CEO of ARM Platinumno dataR16.26mno data
Mitesh Takoordeen
Chief Information Officerno datano datano data
Thabang Thlaku
Executive of Investor Relations & New Business Developmentno datano datano data
Princess Thwala
Group Executive of Compliance & Stakeholder Relationsno datano datano data
Lucas Moalusi
Group Executive of Legal4.8yrsno datano data
Busisiwe Mashiane
Group Executive of Human Resources10.3yrsno datano data
Derrick King
Senior Executive Finance-Corporate & Taxno datano datano data
Alyson D'Oyley
Group Company Secretary & Governance Officer15.3yrsno datano data

10.3yrs

Average Tenure

55yo

Average Age

Experienced Management: AFBO.F's management team is seasoned and experienced (10.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Patrice Motsepe
Executive Chairman21.5yrsR38.46mno data
Velile Tobias
CEO & Executive Director1.5yrsR13.85m0.010%
$ 174.0k
Tsundzukani T. Mhlanga
Finance Director & Executive Director4.1yrsR17.63m0.015%
$ 263.0k
Anton Botha
Independent Non-Executive Director15.8yrsR1.76mno data
Frank Abbott
Independent Non-Executive Director20.8yrsR1.58mno data
Rejoice Simelane
Independent Non-Executive Director20.3yrsR1.95m0.00069%
$ 11.8k
Thomas Boardman
Independent Non-Executive Director13.8yrsR2.48mno data
Jan Steenkamp
Independent Non-Executive Director7.1yrsR1.27m0.13%
$ 2.2m
Alexander Maditsi
Independent Non-Executive Director20.8yrsR2.36mno data
Joaquim Chissano
Independent Non-Executive Director19.8yrsR2.06mno data
David Noko
Lead Independent Non-Executive Director7.1yrsR1.59mno data
Bongani Nqwababa
Independent Non Executive Director2.1yrsR1.36mno data

14.8yrs

Average Tenure

67yo

Average Age

Experienced Board: AFBO.F's board of directors are seasoned and experienced ( 14.8 years average tenure).