Capitec Bank Holdings Management

Management criteria checks 4/4

Capitec Bank Holdings' CEO is Gerrie Fourie, appointed in Jan 2014, has a tenure of 10.83 years. total yearly compensation is ZAR65.74M, comprised of 25.2% salary and 74.8% bonuses, including company stock and options. directly owns 0.9% of the company’s shares, worth ZAR3.50B. The average tenure of the management team and the board of directors is 8.7 years and 4.2 years respectively.

Key information

Gerrie Fourie

Chief executive officer

R65.7m

Total compensation

CEO salary percentage	25.2%
CEO tenure	10.8yrs
CEO ownership	0.9%
Management average tenure	8.7yrs
Board average tenure	4.2yrs

Recent management updates

Recent updates

Here's Why We Think Capitec Bank Holdings (JSE:CPI) Is Well Worth Watching

Jul 10

Do Capitec Bank Holdings' (JSE:CPI) Earnings Warrant Your Attention?

Mar 23

Capitec Bank Holdings (JSE:CPI) Ticks All The Boxes When It Comes To Earnings Growth

Dec 04

Here's Why We Think Capitec Bank Holdings (JSE:CPI) Might Deserve Your Attention Today

Sep 05

CEO Compensation Analysis

How has Gerrie Fourie's remuneration changed compared to Capitec Bank Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2024	n/a	n/a	R12b
May 31 2024	n/a	n/a	R11b
Feb 29 2024	R66m	R17m	R11b
Nov 30 2023	n/a	n/a	R10b
Aug 31 2023	n/a	n/a	R10b
May 31 2023	n/a	n/a	R9b
Feb 28 2023	R62m	R16m	R9b
Nov 30 2022	n/a	n/a	R9b
Aug 31 2022	n/a	n/a	R9b
May 31 2022	n/a	n/a	R9b
Feb 28 2022	R93m	R15m	R9b
Nov 30 2021	n/a	n/a	R8b
Aug 31 2021	n/a	n/a	R8b
May 31 2021	n/a	n/a	R6b
Feb 28 2021	R49m	R13m	R4b
Nov 30 2020	n/a	n/a	R4b
Aug 31 2020	n/a	n/a	R4b
May 31 2020	n/a	n/a	R5b
Feb 29 2020	R72m	R13m	R6b
Nov 30 2019	n/a	n/a	R6b
Aug 31 2019	n/a	n/a	R6b
May 31 2019	n/a	n/a	R6b
Feb 28 2019	R95m	R12m	R5b
Nov 30 2018	n/a	n/a	R5b
Aug 31 2018	n/a	n/a	R5b
May 31 2018	n/a	n/a	R5b
Feb 28 2018	R57m	R11m	R4b

Compensation vs Market: Gerrie's total compensation ($USD3.62M) is about average for companies of similar size in the ZA market ($USD3.12M).

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

CEO

Gerrie Fourie (60 yo)

10.8yrs

Tenure

R65,740,000

Compensation

Mr. Gerhardus Metselaar Fourie, also known as Gerrie, B Comm (Hons), MBA has been Chief Executive Officer of Capitec Bank Limited and Capitec Bank Holdings Limited since January 1, 2014. Mr. Fourie served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gerhardus Fourie	CEO & Executive Director	10.8yrs	R65.74m	0.90% ZAR 3.5b
Grant Hardy	CFO, Financial Director & Executive Director	2.3yrs	R12.53m	0.0028% ZAR 11.0m
Willem de Bruyn	Executive of Business Development & Technology	no data	no data	0.086% ZAR 334.1m
Monique Palmieri	Head of Compliance	no data	no data	no data
Francois Viviers	Executive of Marketing & Communications	8.4yrs	no data	0.017% ZAR 66.8m
Rizwana Butler	Executive of Human Resources	no data	no data	0.0015% ZAR 5.7m
Jerome Passmore	Head of Project Officer	no data	no data	no data
Dumisani Ncukana	Head of Service Support	no data	no data	no data
Charl Nel	Head of Strategic Communications	no data	no data	no data
Blessing Mgaga	Head of Solutions Delivery & Academy - Technology Services	no data	no data	no data
April Baloyi	Head of Mercantile Rental Finance	no data	no data	no data
Yolande Mouton	Company Secretary	8.9yrs	no data	no data

8.7yrs

Average Tenure

49yo

Average Age

Experienced Management: CPI's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gerhardus Fourie	CEO & Executive Director	11.2yrs	R65.74m	0.90% ZAR 3.5b
Grant Hardy	CFO, Financial Director & Executive Director	2.3yrs	R12.53m	0.0028% ZAR 11.0m
Chris Otto	Non-Independent Non-Executive Director	24.6yrs	R897.00k	0.00094% ZAR 3.7m
Michiel du Pre le Roux	Non-Independent Non-Executive Director	23.7yrs	R616.00k	11.37% ZAR 44.2b
Susan Botha	Independent Non-Executive Chairman	5.4yrs	R5.30m	no data
Vusumuzi Mahlangu	Lead Independent Director	4.2yrs	R1.48m	no data
Petrus Mouton	Non-Independent Non Executive Director	17.1yrs	R1.09m	5.83% ZAR 22.7b
Cora Fernandez	Independent Non-Executive Director	4.2yrs	R1.42m	no data
Stanislaus du Plessis	Independent Non-Executive Director	4.2yrs	R1.42m	0.00060% ZAR 2.3m
Naidene Ford-Hoon	Independent Non-Executive Director	1.2yrs	R413.00k	no data
Nadya Bhettay	Independent Non-Executive Director	1.2yrs	R413.00k	no data

4.2yrs

Average Tenure

54yo

Average Age

Experienced Board: CPI's board of directors are considered experienced (4.2 years average tenure).

Capitec Bank Holdings Management

Management criteria checks 4/4

Key information

Recent management updates

Insider exercised options and sold R5.4m worth of stock

Executive of Marketing & Communications recently bought R1.7m worth of stock

Capitec Bank Holdings Limited and Capitec Bank Limited Announce Changes to Board Committees

Insider recently sold R9.9m worth of stock

CEO & Executive Director recently sold R11m worth of stock

CEO & Executive Director exercised options to buy R41m worth of stock.

Recent updates

New minor risk - Insider selling

Price target increased by 7.5% to R3,191

Price target increased by 7.8% to R2,748

Price target increased by 7.7% to R2,712

First half dividend increased to R20.85

First half 2025 earnings released: EPS: R55.67 (vs R40.68 in 1H 2024)

Capitec Bank Holdings Limited to Report Q2, 2025 Results on Oct 01, 2024

An undisclosed buyer acquired an unknown minority stake in Capitec Bank Holdings Limited (JSE:CPI) from JPMorgan Chase & Co. (NYSE:JPM).

Investor sentiment improves as stock rises 17%

Insider exercised options and sold R5.4m worth of stock

Upcoming dividend of R33.45 per share

Executive of Marketing & Communications recently bought R1.7m worth of stock

Final dividend increased to R33.45

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Capitec Bank Holdings Limited to Report Fiscal Year 2024 Results on Apr 23, 2024

Capitec Bank Holdings Limited and Capitec Bank Limited Announce Changes to Board Committees

Insider recently sold R9.9m worth of stock

CEO & Executive Director recently sold R11m worth of stock

CEO & Executive Director exercised options to buy R41m worth of stock.

First half 2024 earnings released: EPS: R40.68 (vs R37.39 in 1H 2023)

Capitec Bank Holdings Limited Declares Gross Interim Dividend for the Six Months Ended 31 August 2023, Payable on 23 October 2023

Capitec Bank Holdings Limited to Report First Half, 2024 Results on Sep 28, 2023

Capitec Bank Holdings Limited Announces Executive Changes

Capitec Bank Holdings Limited and Capitec Bank Limited Announces Change to Board Committees

Here's Why We Think Capitec Bank Holdings (JSE:CPI) Is Well Worth Watching

Executive of Marketing & Communications recently bought R1.1m worth of stock

Upcoming dividend of R28.00 per share at 2.6% yield

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Do Capitec Bank Holdings' (JSE:CPI) Earnings Warrant Your Attention?

Capitec Bank Holdings Limited Announces Board Changes

Capitec Bank Holdings (JSE:CPI) Ticks All The Boxes When It Comes To Earnings Growth

Upcoming dividend of R14.00 per share

CEO & Executive Director recently bought R15m worth of stock

First half 2023 earnings released: EPS: R40.35 (vs R33.87 in 1H 2022)

Here's Why We Think Capitec Bank Holdings (JSE:CPI) Might Deserve Your Attention Today

Executive of Marketing & Communications exercised options to buy R11m worth of stock.

High number of new directors

Capitec Bank Announces Management Changes

Upcoming dividend of R39.40 per share

Capitec Bank Holdings Limited, Annual General Meeting, May 27, 2022

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased to R1,982

Capitec Bank Holdings Limited Provides Earnings Guidance for the Year Ending 28 February 2022

Non-Executive Director exercised options to buy R305m worth of stock.

Upcoming dividend of R12.00 per share

First half 2022 earnings released: EPS R33.87 (vs R5.37 in 1H 2021)

Price target increased to R1,711

Capitec Bank Holdings Limited Provides Earnings Guidance for the Six Months Ending 31 August 2021

CEO & Executive Director recently sold R25m worth of stock

CEO & Executive Director exercised options and sold R19m worth of stock

Price target increased to R1,477

Capitec Bank Holdings Limited Provides Earnings Guidance for the Six Months Ending 31 August 2021

Non-Executive Director John McKenzie has left the company

Upcoming dividend of R16.00 per share

Consensus forecasts updated

Full year 2021 earnings released: EPS R38.50 (vs R54.00 in FY 2020)

Capitec Bank Holdings Limited, Annual General Meeting, May 28, 2021

Price target raised to R1,261

Price target raised to R1,207

Price target raised to R1,170

Investor sentiment improved over the past week

New 90-day high: R1,451

Non Executive Director recently sold R10m worth of stock

New 90-day high: R1,259

New 90-day high: R1,133

Analysts increase EPS estimates to R34.93

New 90-day high: R1,037

Capitec Bank Holdings Limited Declares No Interim Dividend for the Six Months Ended 31 August 2020

Capitec Bank Holdings Limited and Capitec Bank Announces Changes to the Boards and Board Committees