KAP Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Gary Chaplin

Chief executive officer

R27.4m

Total compensation

CEO salary percentage	37.2%
CEO tenure	10yrs
CEO ownership	0.2%
Management average tenure	7.6yrs
Board average tenure	4.8yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing KAP Limited's (JSE:KAP) CEO Compensation For The Time Being

Nov 15

Recent updates

Shareholders Will Probably Hold Off On Increasing KAP Limited's (JSE:KAP) CEO Compensation For The Time Being

Nov 15

KAP's (JSE:KAP) Soft Earnings Are Actually Better Than They Appear

Sep 06

What Does KAP Limited's (JSE:KAP) Share Price Indicate?

Jun 06

Fewer Investors Than Expected Jumping On KAP Industrial Holdings Limited (JSE:KAP)

Feb 24

We Think KAP Industrial Holdings (JSE:KAP) Is Taking Some Risk With Its Debt

Oct 26

KAP Industrial Holdings (JSE:KAP) Has More To Do To Multiply In Value Going Forward

Jul 15

Is KAP Industrial Holdings Limited (JSE:KAP) Worth R4.9 Based On Its Intrinsic Value?

Apr 28

Here's What To Make Of KAP Industrial Holdings' (JSE:KAP) Decelerating Rates Of Return

Mar 23

KAP Industrial Holdings (JSE:KAP) Has A Somewhat Strained Balance Sheet

Mar 06

Calculating The Intrinsic Value Of KAP Industrial Holdings Limited (JSE:KAP)

Dec 11

This Is Why Shareholders May Want To Hold Back On A Pay Rise For KAP Industrial Holdings Limited's (JSE:KAP) CEO

Nov 11

Is KAP Industrial Holdings Limited (JSE:KAP) Potentially Undervalued?

Oct 18

CEO Compensation Analysis

How has Gary Chaplin's remuneration changed compared to KAP's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	R27m	R10m	R1b
Mar 31 2024	n/a	n/a	R653m
Dec 31 2023	n/a	n/a	R101m
Sep 30 2023	n/a	n/a	R258m
Jun 30 2023	R36m	R10m	R528m
Mar 31 2023	n/a	n/a	R1b
Dec 31 2022	n/a	n/a	R2b
Sep 30 2022	n/a	n/a	R2b
Jun 30 2022	R26m	R10m	R2b
Mar 31 2022	n/a	n/a	R2b
Dec 31 2021	n/a	n/a	R1b
Sep 30 2021	n/a	n/a	R1b
Jun 30 2021	R8m	R7m	R1b
Mar 31 2021	n/a	n/a	-R408m
Dec 31 2020	n/a	n/a	-R2b
Sep 30 2020	n/a	n/a	-R2b
Jun 30 2020	R8m	R7m	-R2b
Mar 31 2020	n/a	n/a	-R439m
Dec 31 2019	n/a	n/a	R1b
Sep 30 2019	n/a	n/a	R1b
Jun 30 2019	R10m	R7m	R1b
Mar 31 2019	n/a	n/a	R1b
Dec 31 2018	n/a	n/a	R1b
Sep 30 2018	n/a	n/a	R2b
Jun 30 2018	R11m	R6m	R2b

Compensation vs Market: Gary's total compensation ($USD1.52M) is above average for companies of similar size in the ZA market ($USD1.01M).

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

CEO

Gary Chaplin (53 yo)

10yrs

Tenure

R27,434,497

Compensation

Mr. Gary Noel Chaplin, CA(SA), has been the Chief Executive Officer and Executive Director of KAP Industrial Holdings Limited since November 18, 2014. Mr. Chaplin served as the Chief Executive Officer of P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Chaplin	CEO & Executive Director	10yrs	R27.43m	0.16% ZAR 13.1m
Frans Olivier	CFO & Executive Director	8.6yrs	R17.15m	0.019% ZAR 1.5m
Sibusiso Lunga	Corporate Affairs Executive	no data	R10.14m	0.019% ZAR 1.6m
Christina Steyn	Investor Relations & Sustainability Executive	2.3yrs	no data	no data
R. Louw	Treasury & Legal Executive	6.7yrs	no data	no data
Nico Boshoff	Chief Executive Officer of Unitrans Passenger	no data	no data	no data
Terry Bantock	Chief Executive Officer of Unitrans South Africa	no data	no data	no data
Reina de Waal	ESG Survey Contact	no data	no data	no data

7.6yrs

Average Tenure

49yo

Average Age

Experienced Management: KAP's management team is seasoned and experienced (7.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Chaplin	CEO & Executive Director	10yrs	R27.43m	0.16% ZAR 13.1m
Frans Olivier	CFO & Executive Director	8.6yrs	R17.15m	0.019% ZAR 1.5m
Sibusiso Lunga	Corporate Affairs Executive	3yrs	R10.14m	0.019% ZAR 1.6m
Andrew Fana Mthembu	Independent Non-Executive Director	less than a year	R425.21k	no data
Patrick Quarmby	Independent Chairman of the Board	12.4yrs	R1.72m	0.020% ZAR 1.6m
Zellah Fuphe	Independent Non-Executive Director	4.7yrs	R1.38m	0.0045% ZAR 358.1k
Stephanus Muller	Independent Non-Executive Director	12.4yrs	R1.43m	0.0090% ZAR 724.3k
Johannes Holtzhausen	Lead Independent Non-executive Director	1.7yrs	R949.50k	no data
Sipho Maseko	Independent Non-Executive Director	less than a year	R289.29k	no data
Kenneth Hopkins	Independent Non-Executive Director	4.9yrs	R1.40m	no data
Vivien McMenamin	Independent Non-Executive Director	4.9yrs	R520.37k	no data
Tamara Esau-Isaacs	Independent Non-Executive Director	3.4yrs	R1.15m	0.00088% ZAR 70.7k

4.8yrs

Average Tenure

55.5yo

Average Age

Experienced Board: KAP's board of directors are considered experienced (4.8 years average tenure).

KAP Management

Management criteria checks 3/4

Key information

Recent management updates

KAP Limited, Annual General Meeting, Nov 29, 2024

KAP Limited Announces Board Changes

High number of new directors

KAP Limited Appoints Sipho Nkosinathi Maseko as Independent Non-Executive Director, Effective 15 March 2024

KAP Limited Announces Board Changes

Shareholders Will Probably Hold Off On Increasing KAP Limited's (JSE:KAP) CEO Compensation For The Time Being

Recent updates

KAP Limited, Annual General Meeting, Nov 29, 2024

KAP Limited Announces Board Changes

Consensus EPS estimates fall by 21%

Price target increased by 8.8% to R3.28

KAP's (JSE:KAP) Profits May Not Reveal Underlying Issues

New minor risk - Earnings quality

Consensus EPS estimates fall by 33%

Full year 2024 earnings: EPS in line with expectations, revenues disappoint

KAP Limited Updates Earnings Guidance for the Fiscal Year Ended June 30, 2024

KAP Limited Updates Earnings Guidance for the Fiscal Year Ended June 30, 2024

KAP Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

Investor sentiment improves as stock rises 19%

High number of new directors

KAP Limited Appoints Sipho Nkosinathi Maseko as Independent Non-Executive Director, Effective 15 March 2024

Investor sentiment improves as stock rises 18%

First half 2024 earnings released: EPS: R0.21 (vs R0.34 in 1H 2023)

Is KAP (JSE:KAP) Using Too Much Debt?

Investors Interested In KAP Limited's (JSE:KAP) Revenues

KAP Limited Announces Board Changes

KAP Limited to Report First Half, 2024 Results on Feb 28, 2024

Should You Investigate KAP Limited (JSE:KAP) At R2.43?

Shareholders Will Probably Hold Off On Increasing KAP Limited's (JSE:KAP) CEO Compensation For The Time Being

Investor sentiment improves as stock rises 19%

CFO & Executive Director recently bought R974k worth of stock

KAP Limited, Annual General Meeting, Nov 21, 2023

Consensus EPS estimates fall by 23%

Price target decreased by 8.2% to R3.35

KAP's (JSE:KAP) Soft Earnings Are Actually Better Than They Appear

Kap Limited Announces Resignation of Vivien Mcmenamin as Member of the Kap Social and Ethics Committee and the Kap Human Capital and Remuneration Committee

New minor risk - Earnings quality

Full year 2023 earnings: EPS misses analyst expectations

New minor risk - Financial data availability

Consensus EPS estimates fall by 21%

Investor sentiment improves as stock rises 20%

What Does KAP Limited's (JSE:KAP) Share Price Indicate?

KAP Limited to Report Fiscal Year 2023 Results on Aug 30, 2023

Consensus EPS estimates fall by 15%, revenue upgraded

Investor sentiment deteriorates as stock falls 15%

Fewer Investors Than Expected Jumping On KAP Industrial Holdings Limited (JSE:KAP)

Price target decreased to R5.48

CEO & Executive Director exercised options to buy R2.4m worth of stock.

High number of new directors

We Think KAP Industrial Holdings (JSE:KAP) Is Taking Some Risk With Its Debt

Investor sentiment deteriorated over the past week

Upcoming dividend of R0.29 per share

Price target increased to R5.93

Full year 2022 earnings: EPS and revenues exceed analyst expectations

KAP Industrial Holdings (JSE:KAP) Has More To Do To Multiply In Value Going Forward

Is KAP Industrial Holdings Limited (JSE:KAP) Worth R4.9 Based On Its Intrinsic Value?

High number of new directors

Here's What To Make Of KAP Industrial Holdings' (JSE:KAP) Decelerating Rates Of Return

Consensus forecasts updated

KAP Industrial Holdings (JSE:KAP) Has A Somewhat Strained Balance Sheet

Consensus EPS estimates increase by 23%

Price target increased to R5.40

First half 2022 earnings: EPS and revenues exceed analyst expectations

KAP Industrial Holdings Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021

Investor sentiment improved over the past week

High number of new directors

CFO & Executive Director recently bought R859k worth of stock

Calculating The Intrinsic Value Of KAP Industrial Holdings Limited (JSE:KAP)

High number of new directors

This Is Why Shareholders May Want To Hold Back On A Pay Rise For KAP Industrial Holdings Limited's (JSE:KAP) CEO

Is KAP Industrial Holdings Limited (JSE:KAP) Potentially Undervalued?

Price target increased to R5.00

High number of new directors

High number of new directors

High number of new directors

Upcoming dividend of R0.15 per share