Kumba Iron Ore Limited

OTCPK:KUMB.F Stock Report

Market Cap: US$6.2b

Kumba Iron Ore Management

Management criteria checks 4/4

Kumba Iron Ore's CEO is Mpumi Zikalala, appointed in Jan 2022, has a tenure of 2.67 years. total yearly compensation is ZAR26.62M, comprised of 31.7% salary and 68.3% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth $244.23K. The average tenure of the management team and the board of directors is 3.3 years and 5.8 years respectively.

Key information

Mpumi Zikalala

Chief executive officer

R26.6m

Total compensation

CEO salary percentage31.7%
CEO tenure2.7yrs
CEO ownership0.004%
Management average tenure3.3yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mpumi Zikalala's remuneration changed compared to Kumba Iron Ore's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

R20b

Mar 31 2024n/an/a

R21b

Dec 31 2023R27mR8m

R23b

Sep 30 2023n/an/a

R18b

Jun 30 2023n/an/a

R13b

Mar 31 2023n/an/a

R14b

Dec 31 2022R30mR8m

R15b

Compensation vs Market: Mpumi's total compensation ($USD1.54M) is below average for companies of similar size in the US market ($USD8.24M).

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

CEO

Mpumi Zikalala (45 yo)

2.7yrs

Tenure

R26,623,000

Compensation

Ms. Nompumelelo D. Zikalala, also known as Mpumi, serves as Chief Executive Officer and Executive Director at Kumba Iron Ore Limited since January 01, 2022. She serves as CEO of Kumba at Anglo American plc...

Leadership Team

NamePositionTenureCompensationOwnership
Nompumelelo Zikalala
CEO & Executive Director2.7yrsR26.62m0.0039%
$ 244.2k
Bothwell Mazarura
CFO & Executive Director7yrsR13.99m0.0053%
$ 333.5k
Simi Ramgoolam
Executive Head of Human Resources2.1yrsR5.40m0.0011%
$ 68.1k
Pranill Ramchander
Executive Head of Corporate Affairs4yrsR7.67m0.0016%
$ 101.8k
Nandi Sibanyoni
Executive Head of SHE3.3yrsR5.65m0.00089%
$ 55.6k
P Nortje
Chief Transformation Officer1.2yrsR8.99mno data
Fazila Patel
Company Secretary4.7yrsR4.77m0.0013%
$ 83.1k
Penny Himlok
Investor Relations Managerno datano datano data

3.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: KUMB.F's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nompumelelo Zikalala
CEO & Executive Director2.7yrsR26.62m0.0039%
$ 244.2k
Bothwell Mazarura
CFO & Executive Director7yrsR13.99m0.0053%
$ 333.5k
Neo Mokhesi
Independent Non-Executive Directorless than a yearno datano data
Terence Goodlace
Independent Non-Executive Chairman7.5yrsR1.93mno data
Sango Ntsaluba
Independent Non-Executive Director7.3yrsR1.24mno data
Nomalizo Langa-Royds
Independent Non-Executive Director6.8yrsR1.22mno data
Mary Bomela
Lead Independent Non-Executive Director6.8yrsR1.37mno data
Themba Mkhwanazi
Non Executive Director8yrsR5.89m0.045%
$ 2.8m
Aman Jeawon
Independent Non-Executive Director1.7yrsR968.00kno data
Michelle Jenkins
Independent Non-Executive Director4.8yrsR1.05mno data
Matthew Thomas Walker
Non-Executive Directorless than a yearno datano data
Montsheng Tsele
Non-Executive Director3.3yrsR920.00kno data

5.8yrs

Average Tenure

54yo

Average Age

Experienced Board: KUMB.F's board of directors are considered experienced (5.8 years average tenure).