Pick n Pay Stores Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sean Summers

Chief executive officer

R40.0m

Total compensation

CEO salary percentage25.0%
CEO tenure1.2yrs
CEO ownershipn/a
Management average tenure3.2yrs
Board average tenure12.7yrs

Recent management updates

Recent updates

Pick n Pay Stores Limited (JSE:PIK) Soars 25% But It's A Story Of Risk Vs Reward

Oct 08
Pick n Pay Stores Limited (JSE:PIK) Soars 25% But It's A Story Of Risk Vs Reward

Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Sep 24
Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Aug 03
Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Mar 25
Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Feb 23
Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

Feb 09
Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

How Much Of Pick n Pay Stores Limited (JSE:PIK) Do Institutions Own?

Jan 28
How Much Of Pick n Pay Stores Limited (JSE:PIK) Do Institutions Own?

Pick n Pay Stores Limited (JSE:PIK) Insiders Increased Their Holdings

Jan 04
Pick n Pay Stores Limited (JSE:PIK) Insiders Increased Their Holdings

Here's What To Make Of Pick n Pay Stores' (JSE:PIK) Returns On Capital

Dec 21
Here's What To Make Of Pick n Pay Stores' (JSE:PIK) Returns On Capital

If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%

Dec 09
If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%

CEO Compensation Analysis

How has Sean Summers's remuneration changed compared to Pick n Pay Stores's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 25 2024n/an/a

-R3b

May 25 2024n/an/a

-R3b

Feb 25 2024R40mR10m

-R3b

Compensation vs Market: Sean's total compensation ($USD2.21M) is above average for companies of similar size in the ZA market ($USD1.08M).

Compensation vs Earnings: Insufficient data to compare Sean's compensation with company performance.


CEO

Sean Summers (69 yo)

1.2yrs

Tenure

R40,000,000

Compensation

Mr. Sean Robin Summers is Non-Executive Director of Boxer Retail Ltd. from August 20, 2024. Mr. Summers serves as Chief Executive Officer & Executive Director at Pick n Pay Stores Limited since September 3...


Leadership Team

NamePositionTenureCompensationOwnership
Sean Summers
CEO & Executive Director1.2yrsR40.00mno data
Lerena Olivier
CFO & Executive Director5.2yrsR7.40m0.027%
ZAR 5.7m
Raymond Ackerman
Founder & Advisor43.8yrsR65.00kno data
Andrew Mills
Group Executive of Marketingno datano datano data
Thembi Mbengashe-Mazibuko
Chief People Officerno datano datano data
David North
Chief Strategy Officerno datano datano data
Marek Masojada
Managing Director of Boxerno datano datano data
Vaughan Pierce
Company Secretaryless than a yearno datano data
Iain Bromage
Group Executive of Commercialno datano datano data

3.2yrs

Average Tenure

64yo

Average Age

Experienced Management: PIK's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sean Summers
CEO & Executive Director1.2yrsR40.00mno data
Lerena Olivier
CFO & Executive Director5.2yrsR7.40m0.027%
ZAR 5.7m
Raymond Ackerman
Founder & Advisor43.8yrsR65.00kno data
Suzanne Ackerman-Berman
Non-Executive Director14.7yrsR809.00k0.12%
ZAR 26.4m
Jonathan Ackerman
Non-Executive Director14.7yrsR1.33m0.081%
ZAR 17.3m
Gareth Ackerman
Non-Executive Chairman34.8yrsR4.89m0.36%
ZAR 77.1m
David Robins
Non-Executive Director22.8yrsR591.30k0.0077%
ZAR 1.6m
Audrey Mothupi
Independent Non Executive Director11.8yrsR1.01mno data
Aboubakar Jakoet
Independent Non Executive Director13.6yrsR1.01m0.11%
ZAR 22.3m
David Friedland
Independent Non-Executive Director8.8yrsR786.00k0.0070%
ZAR 1.5m
James Formby
Independent Non-Executive Director2.1yrsR1.07m0.0064%
ZAR 1.4m
Annemarie van der Merwe
Independent Non-Executive Director4.3yrsR691.30kno data

12.7yrs

Average Tenure

63.5yo

Average Age

Experienced Board: PIK's board of directors are seasoned and experienced ( 12.7 years average tenure).