Sappi Limited

OTCPK:SPPJ.Y Stock Report

Market Cap: US$1.6b

Sappi Management

Management criteria checks 4/4

Sappi's CEO is Steve Binnie, appointed in Jul 2014, has a tenure of 10.33 years. total yearly compensation is $971.58K, comprised of 54.8% salary and 45.2% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth $1.25M. The average tenure of the management team and the board of directors is 12.8 years and 6.9 years respectively.

Key information

Steve Binnie

Chief executive officer

US$971.6k

Total compensation

CEO salary percentage54.8%
CEO tenure10.3yrs
CEO ownership0.08%
Management average tenure12.8yrs
Board average tenure6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Binnie's remuneration changed compared to Sappi's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$33m

Jun 30 2024n/an/a

-US$86m

Mar 31 2024n/an/a

-US$97m

Dec 31 2023n/an/a

-US$57m

Oct 01 2023n/an/a

US$259m

Jun 30 2023n/an/a

US$325m

Mar 31 2023n/an/a

US$484m

Dec 31 2022n/an/a

US$603m

Oct 02 2022n/an/a

US$536m

Jun 30 2022n/an/a

US$545m

Mar 31 2022n/an/a

US$364m

Dec 31 2021n/an/a

US$153m

Sep 26 2021n/an/a

US$13m

Jun 30 2021n/an/a

-US$110m

Mar 31 2021n/an/a

-US$201m

Dec 31 2020n/an/a

-US$176m

Sep 27 2020n/an/a

-US$135m

Jun 30 2020n/an/a

US$3m

Mar 31 2020n/an/a

US$84m

Dec 31 2019n/an/a

US$154m

Sep 29 2019n/an/a

US$211m

Jun 30 2019n/an/a

US$268m

Mar 31 2019n/an/a

US$311m

Dec 31 2018n/an/a

US$341m

Sep 30 2018US$2mUS$558k

US$323m

Compensation vs Market: Steve's total compensation ($USD971.58K) is below average for companies of similar size in the US market ($USD5.34M).

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

CEO

Steve Binnie (57 yo)

10.3yrs

Tenure

US$971,578

Compensation

Mr. Stephen Robert Binnie, also known as Steve, B.Com, B Acc, CA(SA), MBA has been the Chief Executive Officer of Sappi Limited since July 1, 2014. Mr. Binnie served as the Chief Financial Officer at Sappi...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Binnie
CEO & Executive Director10.3yrsUS$971.58k0.076%
$ 1.3m
Glen Pearce
CFO & Executive Director10.3yrsUS$541.10k0.035%
$ 579.9k
Maarten van Hoven
Group Head of Strategy & Legal12.9yrsUS$355.90k0.038%
$ 623.7k
Fergus Conan Marupen
Group Head of Human Resources9.7yrsUS$347.88k0.017%
$ 282.6k
Mohamed Mansoor
Executive Vice President of Sappi Pulp33.3yrsUS$779.78k0.014%
$ 223.2k
Alexander van Coller Thiel
Chief Executive Officer of Sappi Southern Africa34.9yrsUS$695.85k0.10%
$ 1.7m
Michael Haws
Chief Executive Officer of Sappi North America12.8yrsUS$918.94k0.0099%
$ 162.9k
Marco Eikelenboom
Chief Executive Officer of Sappi Europe32.2yrsUS$858.11k0.0057%
$ 94.6k
Marjorie Boles
Group Chief Information Officer6.4yrsno datano data
Tracy Wessels
Group Head of Investor Relations & Sustainability3.8yrsno datano data
Andre S. Oberholzer
Group Head of Corporate Affairsno datano datano data
Roland Agar
Group Head of Internal Audit17.3yrsno datano data

12.8yrs

Average Tenure

57yo

Average Age

Experienced Management: SPPJ.Y's management team is seasoned and experienced (12.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Binnie
CEO & Executive Director12.2yrsUS$971.58k0.076%
$ 1.3m
Glen Pearce
CFO & Executive Director27.4yrsUS$541.10k0.035%
$ 579.9k
James Lopez
Independent Non-Executive Director5.7yrsUS$113.78kno data
Robertus Johannes Antonius Renders
Independent Non Executive Director9.1yrsUS$147.77kno data
Mohammed Moosa
Lead Independent Director14.3yrsUS$74.77kno data
Nkululeko Sowazi
Independent Chairman2.1yrsUS$49.33kno data
Brian Beamish
Independent Non Executive Director5.7yrsUS$124.02kno data
Eleni Istavridis
Independent Non-Executive Director2.1yrsUS$120.83kno data
Michael Fallon
Independent Non-Executive Director13.2yrsUS$135.04kno data
Bonakele Mehlomakulu
Independent Non-Executive Director7.7yrsUS$58.25kno data
Zola Malinga
Independent Non-Executive Director6.1yrsUS$49.33kno data
Louis Leon Zeuner
Independent Non-Executive Director2.2yrsUS$49.33kno data

6.9yrs

Average Tenure

63yo

Average Age

Experienced Board: SPPJ.Y's board of directors are considered experienced (6.9 years average tenure).