Boxer Retail Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Marek Masojada

Chief executive officer

R18.5m

Total compensation

CEO salary percentage	30.27%
CEO tenure	1.2yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	1.2yrs

Recent management updates

Recent updates

There's Reason For Concern Over Boxer Retail Limited's (JSE:BOX) Price

Sep 26

Is Boxer Retail (JSE:BOX) Using Too Much Debt?

Jun 26

Unpleasant Surprises Could Be In Store For Boxer Retail Limited's (JSE:BOX) Shares

May 31

CEO Compensation Analysis

How has Marek Masojada's remuneration changed compared to Boxer Retail's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 31 2025	n/a	n/a	R1b
May 31 2025	n/a	n/a	R1b
Mar 02 2025	R19m	R6m	R1b
Dec 02 2024	n/a	n/a	R1b
Aug 25 2024	n/a	n/a	R1b
May 25 2024	n/a	n/a	R1b
Feb 25 2024	R17m	R5m	R1b

Compensation vs Market: Marek's total compensation ($USD1.10M) is about average for companies of similar size in the ZA market ($USD1.35M).

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

CEO

Marek Masojada (60 yo)

1.2yrs

Tenure

R18,500,000

Compensation

Mr. Marek Adam Masojada is CEO & Executive Director of Boxer Retail Ltd. from October 15, 2024. Mr. Masojada serves as Managing Director of Boxer at Pick n Pay Stores Limited.He joined the Boxer Retail Lt...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marek Masojada	CEO & Executive Director	1.2yrs	R18.50m	no data
David Wayne	CFO & Executive Director	1.2yrs	R7.40m	no data
Chris Theron	Group Executive of Operations	12.9yrs	no data	no data
Ian Bamber	Group Executive of Human Resources	30.8yrs	no data	no data
Ntombi Dludla	Group Executive of Stakeholder Engagement & Sustainability	4.9yrs	no data	no data
Vaughan Pierce	Company Secretary	1.2yrs	no data	no data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Management: BOX's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marek Masojada	CEO & Executive Director	1.2yrs	R18.50m	no data
David Wayne	CFO & Executive Director	1.2yrs	R7.40m	no data
Sean Summers	Non-Executive Director	1.3yrs	R200.00k	no data
Jesmane Boggenpoel	Independent Non-Executive Director	1.2yrs	R400.00k	no data
Leon Lourens	Independent Non-Executive Director	1.2yrs	R400.00k	no data
Dineo Molefe	Independent Non-Executive Director	1.2yrs	R200.00k	no data
James Formby	Non-Executive Chairperson	1.2yrs	R800.00k	no data
Cindy Robertson	Independent Non-Executive Director	1.2yrs	R500.00k	no data
Charlotte Mary Chichi Maponya	Lead Independent Non-Executive Director	1.2yrs	R400.00k	no data

1.2yrs

Average Tenure

55yo

Average Age

Experienced Board: BOX's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/12 16:19
End of Day Share Price	2025/12/12 00:00
Earnings	2025/08/31
Annual Earnings	2025/03/02

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Boxer Retail Limited is covered by 11 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Darren Cohn	Absa Bank Limited
Michael de Nobrega	Avior Capital Markets
Michael Jacks	BofA Global Research