Sasfin Holdings Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Michael E. Sassoon
Chief executive officer
R6.3m
Total compensation
| CEO salary percentage | 68.0% |
| CEO tenure | 6.8yrs |
| CEO ownership | n/a |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | R6m | R4m | -R299m |
| Dec 31 2023 | n/a | n/a | R68m |
| Sep 30 2023 | n/a | n/a | R88m |
| Jun 30 2023 | R6m | R4m | -R98m |
| Mar 31 2023 | n/a | n/a | R122m |
| Dec 31 2022 | n/a | n/a | R138m |
| Sep 30 2022 | n/a | n/a | R147m |
| Jun 30 2022 | R6m | R4m | R157m |
| Mar 31 2022 | n/a | n/a | R140m |
| Dec 31 2021 | n/a | n/a | R123m |
| Sep 30 2021 | n/a | n/a | R100m |
| Jun 30 2021 | R5m | R4m | R78m |
| Mar 31 2021 | n/a | n/a | -R11m |
| Dec 31 2020 | n/a | n/a | -R100m |
| Sep 30 2020 | n/a | n/a | -R80m |
| Jun 30 2020 | R5m | R4m | -R60m |
| Mar 31 2020 | n/a | n/a | R46m |
| Dec 31 2019 | n/a | n/a | R152m |
| Sep 30 2019 | n/a | n/a | R150m |
| Jun 30 2019 | R5m | R4m | R148m |
| Mar 31 2019 | n/a | n/a | R146m |
| Dec 31 2018 | n/a | n/a | R143m |
| Sep 30 2018 | n/a | n/a | R129m |
| Jun 30 2018 | R7m | R3m | R115m |
Compensation vs Market: Michael E.'s total compensation ($USD359.69K) is about average for companies of similar size in the ZA market ($USD366.22K).
Compensation vs Earnings: Michael E.'s compensation has increased whilst the company is unprofitable.
CEO
Michael E. Sassoon (42 yo)
6.8yrs
Tenure
R6,338,896
Compensation
Mr. Michael E. E. Sassoon, (BCom), MBA, has been Group Chief Executive Officer of Sasfin Holdings Limited since January 1, 2018 and its Executive Director since October 23, 2015. Mr. Sassoon is Co-Owner of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 6.8yrs | R6.34m | no data | |
| Group Financial Director & Executive Director | 2.6yrs | R4.71m | no data | |
| Group & Bank Chief Operating Officer | no data | R4.68m | no data | |
| Chief Executive of Asset Finance | 11.1yrs | R4.63m | no data | |
| CEO of Sasfin Wealth & Alternate Director | 7.2yrs | R5.92m | no data | |
| Chief Operating Officer & Group Finance | no data | no data | no data | |
| Group Chief Information Officer | 3.3yrs | R3.02m | no data | |
| Head of Group Legal & Acting Company Secretary | less than a year | R2.83m | no data | |
| Head of Group Compliance | 1.7yrs | no data | no data | |
| Head of Sasfin Capital | no data | R1.13m | no data | |
| Head of Group Credit | 7.8yrs | no data | no data | |
| Chief of Staff | less than a year | no data | no data |
3.3yrs
Average Tenure
53yo
Average Age
Experienced Management: SFN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Executive Director | 9.1yrs | R6.34m | no data | |
| Group Financial Director & Executive Director | 2.6yrs | R4.71m | no data | |
| CEO of Sasfin Wealth & Alternate Director | less than a year | R5.92m | no data | |
| Non-Independent Non-Executive Director | 4.8yrs | R446.08k | 0.017% ZAR 149.2k | |
| Lead Independent Director | 5.4yrs | R738.89k | no data | |
| Independent Non-Executive Chairman | 6.7yrs | R1.02m | no data | |
| Non-Independent Non-Executive Director | 6.9yrs | no data | no data | |
| Independent Non-Executive Director | 3.5yrs | R726.19k | no data | |
| Independent Non-Executive Director | 3yrs | R594.13k | no data | |
| Non-Independent Non-Executive Director | 4.3yrs | no data | no data | |
| Independent Non-Executive Director | 5.3yrs | R758.70k | no data | |
| Independent Non-Executive Director | less than a year | no data | no data |
4.5yrs
Average Tenure
49yo
Average Age
Experienced Board: SFN's board of directors are considered experienced (4.5 years average tenure).