African Rainbow Minerals Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Velile Tobias
Chief executive officer
R15.5m
Total compensation
| CEO salary percentage | 44.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.06% |
| Management average tenure | 9.8yrs |
| Board average tenure | 17.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R5b |
| Sep 30 2023 | n/a | n/a | R6b |
| Jun 30 2023 | R16m | R7m | R8b |
| Mar 31 2023 | n/a | n/a | R11b |
| Dec 31 2022 | n/a | n/a | R13b |
| Sep 30 2022 | n/a | n/a | R13b |
| Jun 30 2022 | R11m | R4m | R12b |
Compensation vs Market: Velile's total compensation ($USD837.87K) is below average for companies of similar size in the US market ($USD5.72M).
Compensation vs Earnings: Velile's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Velile Tobias (52 yo)
less than a year
Tenure
R15,506,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21yrs | R84.30m | 0.057% ZAR 1.2m | |
| CEO & Executive Director | less than a year | R15.51m | 0.055% ZAR 1.2m | |
| Finance Director & Executive Director | 3.6yrs | R10.66m | 0.052% ZAR 1.1m | |
| Chief Executive of ARM Ferrous | 11.8yrs | R33.96m | no data | |
| CEO of ARM Platinum | no data | R29.44m | 0.16% ZAR 3.4m | |
| Chief Information Officer | no data | no data | no data | |
| Executive of Investor Relations & New Business Development | no data | no data | no data | |
| Group Executive of Compliance & Stakeholder Relations | no data | no data | no data | |
| Group Executive of Legal | 4.3yrs | no data | no data | |
| Group Executive of Human Resources | 9.8yrs | no data | no data | |
| Senior Executive Finance-Corporate & Tax | no data | no data | no data | |
| Group Company Secretary & Governance Officer | 14.8yrs | no data | no data |
9.8yrs
Average Tenure
54yo
Average Age
Experienced Management: AFBO.F's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21yrs | R84.30m | 0.057% ZAR 1.2m | |
| CEO & Executive Director | less than a year | R15.51m | 0.055% ZAR 1.2m | |
| Finance Director & Executive Director | 3.6yrs | R10.66m | 0.052% ZAR 1.1m | |
| Independent Non-Executive Director | 15.3yrs | R1.47m | no data | |
| Independent Non-Executive Director | 20.3yrs | R1.38m | no data | |
| Independent Non-Executive Director | 20.3yrs | R1.75m | 0.00069% ZAR 14.3k | |
| Independent Non-Executive Director | 13.3yrs | R2.13m | no data | |
| Independent Non-Executive Director | 6.6yrs | R1.17m | 0.13% ZAR 2.7m | |
| Independent Non-Executive Director | 20.3yrs | R710.00k | no data | |
| Lead Independent Non-Executive Director | 20.3yrs | R2.12m | no data | |
| Independent Non-Executive Director | 19.3yrs | R1.79m | no data | |
| Independent Non-Executive Director | 6.6yrs | R1.39m | no data |
17.3yrs
Average Tenure
68yo
Average Age
Experienced Board: AFBO.F's board of directors are seasoned and experienced ( 17.3 years average tenure).