Bid Management
Management criteria checks 2/4
Bid's CEO is Bernard Berson, appointed in Apr 2016, has a tenure of 8.08 years. total yearly compensation is ZAR56.78M, comprised of 36.3% salary and 63.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth ZAR224.31M. The average tenure of the management team and the board of directors is 1.7 years and 8.2 years respectively.
Key information
Bernard Berson
Chief executive officer
R56.8m
Total compensation
| CEO salary percentage | 36.3% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.7yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward
Apr 22
Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit
Apr 08Bid (JSE:BID) Seems To Use Debt Quite Sensibly
Mar 04We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease
Feb 05Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns
Jan 21Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon
Jan 05We Think Bid Corporation Limited's (JSE:BID) CEO Compensation Looks Fair
Nov 10Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Oct 20Does Bid (JSE:BID) Deserve A Spot On Your Watchlist?
Oct 05Is Bid (JSE:BID) Using Too Much Debt?
Sep 19Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Jul 16Bid (JSE:BID) Has A Pretty Healthy Balance Sheet
Jun 13Do Bid's (JSE:BID) Earnings Warrant Your Attention?
May 29Here's What To Make Of Bid's (JSE:BID) Decelerating Rates Of Return
Apr 10These 4 Measures Indicate That Bid (JSE:BID) Is Using Debt Reasonably Well
Mar 11Is Now The Time To Put Bid (JSE:BID) On Your Watchlist?
Feb 23Returns On Capital At Bid (JSE:BID) Have Hit The Brakes
Dec 14It's Probably Less Likely That Bid Corporation Limited's (JSE:BID) CEO Will See A Huge Pay Rise This Year
Nov 11The Price Is Right For Bid Corporation Limited (JSE:BID)
Oct 21Is Bid (JSE:BID) Using Too Much Debt?
Sep 06Are Bid Corporation Limited (JSE:BID) Investors Paying Above The Intrinsic Value?
Aug 24Be Wary Of Bid (JSE:BID) And Its Returns On Capital
Jul 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R7b |
| Sep 30 2023 | n/a | n/a | R7b |
| Jun 30 2023 | R57m | R21m | R7b |
| Mar 31 2023 | n/a | n/a | R6b |
| Dec 31 2022 | n/a | n/a | R6b |
| Sep 30 2022 | n/a | n/a | R5b |
| Jun 30 2022 | R49m | R18m | R5b |
| Mar 31 2022 | n/a | n/a | R4b |
| Dec 31 2021 | n/a | n/a | R4b |
| Sep 30 2021 | n/a | n/a | R3b |
| Jun 30 2021 | R92m | R19m | R3b |
| Mar 31 2021 | n/a | n/a | R2b |
| Dec 31 2020 | n/a | n/a | R497m |
| Sep 30 2020 | n/a | n/a | R975m |
| Jun 30 2020 | R42m | R16m | R1b |
| Mar 31 2020 | n/a | n/a | R3b |
| Dec 31 2019 | n/a | n/a | R5b |
| Sep 30 2019 | n/a | n/a | R5b |
| Jun 30 2019 | R51m | R16m | R5b |
| Mar 31 2019 | n/a | n/a | R5b |
| Dec 31 2018 | n/a | n/a | R4b |
| Sep 30 2018 | n/a | n/a | R4b |
| Jun 30 2018 | R32m | R15m | R4b |
| Mar 31 2018 | n/a | n/a | R4b |
| Dec 31 2017 | n/a | n/a | R4b |
| Sep 30 2017 | n/a | n/a | R4b |
| Jun 30 2017 | R33m | R15m | R4b |
Compensation vs Market: Bernard's total compensation ($USD3.04M) is above average for companies of similar size in the ZA market ($USD2.13M).
Compensation vs Earnings: Bernard's compensation has been consistent with company performance over the past year.
CEO
Bernard Berson (57 yo)
8.1yrs
Tenure
R56,775,000
Compensation
Mr. Bernard Larry Berson, CA, BComm, BAcc has been Chief Executive Officer and Executive Director of BID Corporation Limited since April 14, 2016 and March 20, 2016 respectively. Mr. Berson serves as the C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.1yrs | R56.78m | 0.15% ZAR 224.3m | |
| CFO & Executive Director | 8.1yrs | R21.61m | 0.079% ZAR 114.8m | |
| Group ESG Officer & Company Secretary | 8yrs | no data | no data | |
| Group Chief Development Officer | no data | no data | no data | |
| Chief Executive Officer of Bidfood Spain | 4.3yrs | no data | no data | |
| CEO of BidOne | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood Belgium | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood New Zealand | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood Chile | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood UK | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood South Africa | 1.7yrs | no data | no data | |
| Chief Executive Officer of Bidfood Baltics | 1.7yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: BID's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.2yrs | R56.78m | 0.15% ZAR 224.3m | |
| CFO & Executive Director | 16.7yrs | R21.61m | 0.079% ZAR 114.8m | |
| Independent Non-Executive Director | 28.8yrs | R1.13m | no data | |
| Independent Non-Executive Chairman | 6.8yrs | R4.06m | 0.00035% ZAR 506.6k | |
| Independent Non-Executive Director | 8.2yrs | R1.49m | no data | |
| Lead Independent Non Executive Director | 8.2yrs | R1.84m | no data | |
| Independent Non-Executive Director | 4.7yrs | R1.83m | no data | |
| Independent Non-Executive Director | 2.8yrs | R1.04m | no data | |
| Independent Non-Executive Director | 4.7yrs | R1.13m | no data | |
| Independent Non-Executive Director | 8.2yrs | R2.79m | no data |
8.2yrs
Average Tenure
60yo
Average Age
Experienced Board: BID's board of directors are considered experienced (8.2 years average tenure).