Bid Corporation Limited

JSE:BID Stock Report

Market Cap: R144.8b

Bid Management

Management criteria checks 3/4

Bid's CEO is Bernard Berson, appointed in Apr 2016, has a tenure of 8.67 years. total yearly compensation is ZAR56.88M, comprised of 38.9% salary and 61.1% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth ZAR224.56M. The average tenure of the management team and the board of directors is 2.3 years and 8.8 years respectively.

Key information

Bernard Berson

Chief executive officer

R56.9m

Total compensation

CEO salary percentage38.9%
CEO tenure8.7yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure8.8yrs

Recent management updates

Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Oct 25
Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Recent updates

Return Trends At Bid (JSE:BID) Aren't Appealing

Dec 20
Return Trends At Bid (JSE:BID) Aren't Appealing

Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Dec 06
Bid Corporation Limited's (JSE:BID) Share Price Could Signal Some Risk

Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

Oct 25
Bid Corporation Limited's (JSE:BID) CEO Looks Like They Deserve Their Pay Packet

We Think Bid (JSE:BID) Can Stay On Top Of Its Debt

Oct 05
We Think Bid (JSE:BID) Can Stay On Top Of Its Debt

Do Bid's (JSE:BID) Earnings Warrant Your Attention?

Sep 21
Do Bid's (JSE:BID) Earnings Warrant Your Attention?

Bid (JSE:BID) Is Increasing Its Dividend To ZAR5.65

Sep 06
Bid (JSE:BID) Is Increasing Its Dividend To ZAR5.65

Returns On Capital At Bid (JSE:BID) Have Stalled

Aug 03
Returns On Capital At Bid (JSE:BID) Have Stalled

Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

Jul 19
Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

May 21
We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

Apr 22
Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit

Apr 08
Bid Corporation Limited's (JSE:BID) Shareholders Might Be Looking For Exit

Bid (JSE:BID) Seems To Use Debt Quite Sensibly

Mar 04
Bid (JSE:BID) Seems To Use Debt Quite Sensibly

We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Feb 05
We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns

Jan 21
Bid (JSE:BID) Hasn't Managed To Accelerate Its Returns

Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon

Jan 05
Bid Corporation Limited's (JSE:BID) Shares May Have Run Too Fast Too Soon

CEO Compensation Analysis

How has Bernard Berson's remuneration changed compared to Bid's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R57mR22m

R8b

Mar 31 2024n/an/a

R8b

Dec 31 2023n/an/a

R7b

Sep 30 2023n/an/a

R7b

Jun 30 2023R57mR21m

R7b

Mar 31 2023n/an/a

R6b

Dec 31 2022n/an/a

R6b

Sep 30 2022n/an/a

R5b

Jun 30 2022R49mR18m

R5b

Mar 31 2022n/an/a

R4b

Dec 31 2021n/an/a

R4b

Sep 30 2021n/an/a

R3b

Jun 30 2021R92mR19m

R3b

Mar 31 2021n/an/a

R2b

Dec 31 2020n/an/a

R497m

Sep 30 2020n/an/a

R975m

Jun 30 2020R42mR16m

R1b

Mar 31 2020n/an/a

R3b

Dec 31 2019n/an/a

R5b

Sep 30 2019n/an/a

R5b

Jun 30 2019R51mR16m

R5b

Mar 31 2019n/an/a

R5b

Dec 31 2018n/an/a

R4b

Sep 30 2018n/an/a

R4b

Jun 30 2018R32mR15m

R4b

Compensation vs Market: Bernard's total compensation ($USD3.09M) is above average for companies of similar size in the ZA market ($USD1.77M).

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

CEO

Bernard Berson (58 yo)

8.7yrs

Tenure

R56,877,000

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

NamePositionTenureCompensationOwnership
Bernard Berson
CEO & Executive Director8.7yrsR56.88m0.16%
ZAR 224.6m
David Cleasby
CFO & Executive Director8.7yrsR22.20m0.090%
ZAR 130.1m
Ashley Biggs
Group ESG Officer & Company Secretary8.6yrsno datano data
Nigel Boswell
Group Chief Development Officerno datano datano data
Leigh Roos
Company Secretaryno datano datano data
Justine Hopkinson
CEO of BidOne2.3yrsno datano data
Thierry Legat
Chief Executive Officer of Bidfood Belgium2.3yrsno datano data
Phil Struckmann
Chief Executive Officer of Bidfood New Zealand2.3yrsno datano data
Gabriel Abramovicz
Chief Executive Officer of Bidfood Chile2.3yrsno datano data
Andrew Selley
Chief Executive Officer of Bidfood UK2.3yrsno datano data
Brent Varcoe
Chief Executive Officer of Bidfood South Africa2.3yrsno datano data
Ramunas Makutenas
Chief Executive Officer of Bidfood Baltics2.3yrsno datano data

2.3yrs

Average Tenure

Experienced Management: BID's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Bernard Berson
CEO & Executive Director8.8yrsR56.88m0.16%
ZAR 224.6m
David Cleasby
CFO & Executive Director17.3yrsR22.20m0.090%
ZAR 130.1m
Brian Joffe
Independent Non-Executive Director29.3yrsR2.12mno data
Stephen Koseff
Independent Non-Executive Chairman7.3yrsR4.46m0.00035%
ZAR 506.9k
Paul Baloyi
Independent Non-Executive Director8.8yrsR1.63mno data
Nigel George Payne
Lead Independent Non Executive Director8.8yrsR2.01mno data
Clifford Rosenberg
Independent Non-Executive Director5.3yrsR2.09mno data
Keneilwe Moloko
Independent Non-Executive Director3.4yrsR1.14mno data
Tasneem Abdool-Samad
Independent Non-Executive Director5.3yrsR1.26mno data
Helen Wiseman
Independent Non-Executive Director8.8yrsR3.29mno data

8.8yrs

Average Tenure

61yo

Average Age

Experienced Board: BID's board of directors are considered experienced (8.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 03:11
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bid Corporation Limited is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brent MadelAbsa Bank Limited
Paul Henri SteegersBofA Global Research
Rowan GoellerChronux Research