Invicta Holdings Management
Management criteria checks 3/4
Invicta Holdings' CEO is Steven Joffe, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is ZAR16.27M, comprised of 42% salary and 58% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth ZAR6.19M. The average tenure of the management team and the board of directors is 3.1 years and 10.8 years respectively.
Key information
Steven Joffe
Chief executive officer
R16.3m
Total compensation
| CEO salary percentage | 42.0% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.1yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Invicta Holdings Limited (JSE:IVT)
Sep 07
Invicta Holdings (JSE:IVT) Is Increasing Its Dividend To ZAR1.00
Jul 31Invicta Holdings (JSE:IVT) Has Announced That It Will Be Increasing Its Dividend To ZAR1.00
Jun 29Invicta Holdings Limited (JSE:IVT) Might Not Be As Mispriced As It Looks
Nov 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | R507m |
| Jun 30 2023 | n/a | n/a | R498m |
| Mar 31 2023 | R16m | R7m | R490m |
| Dec 31 2022 | n/a | n/a | R490m |
| Sep 30 2022 | n/a | n/a | R491m |
| Jun 30 2022 | n/a | n/a | R466m |
| Mar 31 2022 | R15m | R6m | R440m |
| Sep 30 2021 | n/a | n/a | R399m |
| Jun 30 2021 | n/a | n/a | R314m |
| Mar 31 2021 | R7m | R6m | R229m |
| Dec 31 2020 | n/a | n/a | -R317m |
| Sep 30 2020 | n/a | n/a | -R811m |
| Jun 30 2020 | n/a | n/a | -R783m |
| Mar 31 2020 | R2m | R2m | -R756m |
Compensation vs Market: Steven's total compensation ($USD871.48K) is above average for companies of similar size in the ZA market ($USD326.11K).
Compensation vs Earnings: Steven's compensation has been consistent with company performance over the past year.
CEO
Steven Joffe (52 yo)
4.3yrs
Tenure
R16,273,000
Compensation
Mr. Steven Brian Joffe, B.Com (Hons Taxation), H.Dip (Company Law) CA(SA), serves as the Chief Executive Officer of Invicta Holdings Limited since January 01, 2020 and also It's Director. Mr. Joffe had bee...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.3yrs | R16.27m | 0.24% ZAR 6.2m | |
| CFO & Director | 1.8yrs | R5.73m | no data | |
| Commercial Director & Executive Director | no data | R6.68m | 0.59% ZAR 15.1m | |
| Company Secretary & Group Legal Counsel | less than a year | no data | no data | |
| Managing Director to the BMG division of ESG | 5yrs | no data | no data |
3.1yrs
Average Tenure
54.5yo
Average Age
Experienced Management: IVT's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | no data | R16.27m | 0.24% ZAR 6.2m | |
| CFO & Director | 5.8yrs | R5.73m | no data | |
| Commercial Director & Executive Director | 16.9yrs | R6.68m | 0.59% ZAR 15.1m | |
| Non-Executive Chairman | 26.6yrs | R1.28m | 43.69% ZAR 1.1b | |
| Non-Executive Director | 13.8yrs | R539.00k | 1.85% ZAR 47.4m | |
| Non-Executive Director | 13.8yrs | R339.00k | 6.34% ZAR 162.3m | |
| Independent Non-Executive Director | 10.8yrs | R1.13m | no data | |
| Lead Independent Non Executive Director | 4yrs | R1.02m | no data | |
| Independent Non-Executive Director | 4yrs | R615.00k | no data | |
| Non-Executive Director | 4yrs | R548.00k | no data |
10.8yrs
Average Tenure
57yo
Average Age
Experienced Board: IVT's board of directors are seasoned and experienced ( 10.8 years average tenure).