ArcelorMittal South Africa Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Kobus Verster
Chief executive officer
R10.6m
Total compensation
| CEO salary percentage | 93.6% |
| CEO tenure | 6.2yrs |
| CEO ownership | n/a |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | R11m | R10m | -R4b |
| Sep 30 2023 | n/a | n/a | -R2b |
| Jun 30 2023 | n/a | n/a | -R797m |
| Mar 31 2023 | n/a | n/a | R919m |
| Dec 31 2022 | R9m | R9m | R3b |
| Sep 30 2022 | n/a | n/a | R5b |
| Jun 30 2022 | n/a | n/a | R7b |
| Mar 31 2022 | n/a | n/a | R7b |
| Dec 31 2021 | R9m | R8m | R7b |
| Sep 30 2021 | n/a | n/a | R5b |
| Jun 30 2021 | n/a | n/a | R3b |
| Mar 31 2021 | n/a | n/a | R306m |
| Dec 31 2020 | R9m | R7m | -R2b |
| Sep 30 2020 | n/a | n/a | -R4b |
| Jun 30 2020 | n/a | n/a | -R6b |
| Mar 31 2020 | n/a | n/a | -R5b |
| Dec 31 2019 | R11m | R8m | -R5b |
| Jun 30 2019 | n/a | n/a | R2b |
| Mar 31 2019 | n/a | n/a | R2b |
| Dec 31 2018 | R13m | R8m | R1b |
Compensation vs Market: Kobus's total compensation ($USD565.03K) is about average for companies of similar size in the US market ($USD670.12K).
Compensation vs Earnings: Kobus's compensation has increased whilst the company is unprofitable.
CEO
Kobus Verster (57 yo)
6.2yrs
Tenure
R10,593,200
Compensation
Mr. Hendrik Jacobus Verster, also known as Kobus, has been Vice President of ArcelorMittal since 2018. He served as Chairman at McConnell Dowell Corporation Limited. He serves as Executive Director of Arce...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.2yrs | R10.59m | no data | |
| CFO, Chief Strategy Officer & Executive Director | less than a year | R3.71m | no data | |
| Acting Chief Operating Officer | 4.4yrs | R3.91m | no data | |
| Chief Technology Officer | 6.8yrs | R3.25m | no data | |
| General Counsel & CoSEC | 9.2yrs | R3.85m | no data | |
| Chief Communication Officer | 4.8yrs | R1.45m | no data | |
| Chief Marketing Officer | less than a year | R4.13m | no data | |
| Chief Human Resources Officer | less than a year | R3.46m | no data | |
| Chief Information Officer | 1.9yrs | no data | no data | |
| Region Head of Internal Audit & SOx – Africa | no data | no data | no data | |
| Senior Manager of Technology | 2.3yrs | no data | no data | |
| Chief Executive Officer of Thabazimbi Iron Ore Mine | no data | no data | no data |
3.3yrs
Average Tenure
Experienced Management: ARCX.F's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.2yrs | R10.59m | no data | |
| CFO, Chief Strategy Officer & Executive Director | no data | R3.71m | no data | |
| Non-Executive Director | 6.4yrs | R495.41k | 0.000030% ZAR 21.4 | |
| Independent Non-Executive Director | 8.6yrs | R859.67k | 0.0090% ZAR 6.4k | |
| Independent Non-Executive Chairman of the Board | 1.9yrs | R1.80m | no data | |
| Independent Non-Executive director | 1.9yrs | R517.06k | no data | |
| Independent Non-Executive Director | 2.8yrs | R734.56k | no data | |
| Non-Executive Director | 7.3yrs | R473.78k | 6.15% ZAR 4.4m | |
| Independent Non-Executive Director | 8.3yrs | R485.14k | no data | |
| Independent Non-Executive Director | 3yrs | no data | no data | |
| Non-Executive Director | 5.3yrs | no data | no data |
5.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ARCX.F's board of directors are considered experienced (5.3 years average tenure).