Absa Group Management
Management criteria checks 3/4
Absa Group's CEO is Arrie Rautenbach, appointed in Mar 2022, has a tenure of 1.08 years. total yearly compensation is ZAR44.78M, comprised of 19.4% salary and 80.6% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth ZAR40.32M. The average tenure of the management team and the board of directors is 0.8 years and 3.6 years respectively.
Key information
Arrie Rautenbach
Chief executive officer
R44.8m
Total compensation
CEO salary percentage | 19.4% |
CEO tenure | 1.1yrs |
CEO ownership | 0.03% |
Management average tenure | less than a year |
Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2022 | R45m | R9m | R21b |
Sep 30 2022 | n/a | n/a | R20b |
Jun 30 2022 | n/a | n/a | R20b |
Mar 31 2022 | n/a | n/a | R19b |
Dec 31 2021 | R39m | R6m | R18b |
Sep 30 2021 | n/a | n/a | R16b |
Jun 30 2021 | n/a | n/a | R14b |
Mar 31 2021 | n/a | n/a | R10b |
Dec 31 2020 | R22m | R6m | R6b |
Sep 30 2020 | n/a | n/a | R6b |
Jun 30 2020 | n/a | n/a | R7b |
Mar 31 2020 | n/a | n/a | R11b |
Dec 31 2019 | R30m | R6m | R14b |
Sep 30 2019 | n/a | n/a | R14b |
Jun 30 2019 | n/a | n/a | R14b |
Mar 31 2019 | n/a | n/a | R14b |
Dec 31 2018 | R27m | R4m | R14b |
Compensation vs Market: Arrie's total compensation ($USD2.52M) is about average for companies of similar size in the ZA market ($USD2.28M).
Compensation vs Earnings: Arrie's compensation has been consistent with company performance over the past year.
CEO
Arrie Rautenbach (56 yo)
1.1yrs
Tenure
R44,775,084
Compensation
Mr. Arrie Rautenbach, BBA, AMP, MBA. serves as Group Chief Executive Officer & Executive Director at Absa Bank Limited since March 29, 2022 and served as its Chief Executive of Retail & Business Banking -...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Executive Director | 1.1yrs | R44.78m | 0.026% ZAR 40.3m | |
Group Financial Director | 1.1yrs | R34.75m | 0.012% ZAR 18.4m | |
Chief Executive of Corporate & Investment Banking | 4.4yrs | R31.23m | 0.018% ZAR 27.8m | |
Chief Executive of Everyday Banking | less than a year | R20.96m | 0.0033% ZAR 5.0m | |
Chief Executive of Relationship Banking | no data | R20.92m | 0.0016% ZAR 2.5m | |
Chief Executive of Product Solutions Cluster | less than a year | R21.03m | 0.00042% ZAR 641.2k | |
Group Chief Strategy & Sustainability Officer | less than a year | R17.67m | 0% ZAR 0 | |
Chief Executive of Absa Regional Operations | less than a year | R19.96m | no data | |
Group Chief Information & Technology Officer | less than a year | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Group Chief Compliance Officer | 3.4yrs | no data | no data | |
Group Chief Brand | less than a year | no data | no data |
0.8yrs
Average Tenure
50yo
Average Age
Experienced Management: ASN402's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group CEO & Executive Director | 1.1yrs | R44.78m | 0.026% ZAR 40.3m | |
Group Financial Director | 6.6yrs | R34.75m | 0.012% ZAR 18.4m | |
Ex Officio Member & Group Chief Audit Executive | 2yrs | no data | no data | |
Independent Non-Executive Director | 8.5yrs | R2.19m | no data | |
Lead Independent Director | 2.5yrs | R1.63m | no data | |
Independent Non-Executive Group Chairman | 1.3yrs | R5.61m | no data | |
Independent Non-Executive Director | 8.5yrs | R1.60m | no data | |
Independent Non-Executive Director | 3.6yrs | R2.74m | no data | |
Independent Non-Executive Director | 2.7yrs | R2.73m | no data | |
Independent Non-Executive Director | 6.9yrs | R2.88m | no data | |
Independent Non-Executive Director | 5.2yrs | R3.43m | no data | |
Independent Non-Executive Director | 3.6yrs | R1.30m | no data |
3.6yrs
Average Tenure
57.5yo
Average Age
Experienced Board: ASN402's board of directors are considered experienced (3.6 years average tenure).