Alexander Forbes Group Holdings Management

Management criteria checks 1/4

Alexander Forbes Group Holdings' CEO is Dawie de Villiers, appointed in Nov 2018, has a tenure of 6.08 years. total yearly compensation is ZAR36.35M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth ZAR25.95M. The average tenure of the management team and the board of directors is 6.6 years and 2.5 years respectively.

Key information

Dawie de Villiers

Chief executive officer

R36.3m

Total compensation

CEO salary percentage	17.2%
CEO tenure	6.1yrs
CEO ownership	0.3%
Management average tenure	6.6yrs
Board average tenure	2.5yrs

Recent management updates

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Aug 23

Recent updates

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Aug 23

Alexander Forbes Group Holdings (JSE:AFH) Will Pay A Larger Dividend Than Last Year At ZAR0.90

Jun 27

Alexander Forbes Group Holdings (JSE:AFH) Is Increasing Its Dividend To ZAR0.90

Jun 13

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Looks Acceptable To Us And Here's Why

Aug 28

If You Had Bought Alexander Forbes Group Holdings (JSE:AFH) Shares Three Years Ago You'd Have A Total Return Of Negative 14%

Feb 16

CEO Compensation Analysis

How has Dawie de Villiers's remuneration changed compared to Alexander Forbes Group Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	R36m	R6m	R560m
Dec 31 2023	n/a	n/a	R618m
Sep 30 2023	n/a	n/a	R675m
Jun 30 2023	n/a	n/a	R609m
Mar 31 2023	R19m	R6m	R543m
Dec 31 2022	n/a	n/a	R485m
Sep 30 2022	n/a	n/a	R427m
Jun 30 2022	n/a	n/a	R447m
Mar 31 2022	R20m	R5m	R466m
Dec 31 2021	n/a	n/a	R437m
Sep 30 2021	n/a	n/a	R408m
Jun 30 2021	n/a	n/a	R403m
Mar 31 2021	R17m	R5m	R398m
Dec 31 2020	n/a	n/a	-R266m
Sep 30 2020	n/a	n/a	-R931m
Jun 30 2020	n/a	n/a	-R943m
Mar 31 2020	R16m	R5m	-R955m
Dec 31 2019	n/a	n/a	-R266m
Sep 30 2019	n/a	n/a	R422m
Jun 30 2019	n/a	n/a	R345m
Mar 31 2019	R18m	R2m	R268m

Compensation vs Market: Dawie's total compensation ($USD2.02M) is above average for companies of similar size in the ZA market ($USD1.01M).

Compensation vs Earnings: Dawie's compensation has increased by more than 20% in the past year.

CEO

Dawie de Villiers (53 yo)

6.1yrs

Tenure

R36,349,000

Compensation

Mr. D.J. de Villiers, also known as Dawie, BSc Actuarial Science, FASSA, Advanced Management Programme, serves as the Group Chief Executive Officer and Executive Director of Alexander Forbes Group Holdings...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
D.J. de Villiers	CEO & Executive Director	6.1yrs	R36.35m	0.28% ZAR 25.9m
Bruce Bydawell	CFO & Executive Director	5.7yrs	R14.65m	0.17% ZAR 15.8m
John Anderson	Executive Member of Investments	7.6yrs	R9.42m	0.00013% ZAR 11.9k
Catharina Wessels	Executive of Governance	7.2yrs	R9.36m	0.099% ZAR 9.0m
T. Muthige	Executive of Human Capital & Transformation	4.2yrs	R6.99m	0.051% ZAR 4.7m
VR Maharaj	Executive of Strategy & Customer Office	3.6yrs	R7.00m	0.14% ZAR 12.4m
J. Mather	Group Chief Information Officer	7.2yrs	R6.36m	no data
Zakira Amra	Head of Group Investor Relations	no data	no data	no data
Luendran Pillay	Managing Director of Afrinet Investments	12.6yrs	no data	no data

6.6yrs

Average Tenure

53yo

Average Age

Experienced Management: AFH's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
D.J. de Villiers	CEO & Executive Director	6.1yrs	R36.35m	0.28% ZAR 25.9m
Bruce Bydawell	CFO & Executive Director	5.7yrs	R14.65m	0.17% ZAR 15.8m
Robert Head	Independent Non-Executive Director	6.9yrs	R1.05m	no data
Andile Mazwai	Independent Non-Executive Director	4.1yrs	R1.65m	no data
Kuseni Dlamini	Independent Non-Executive Chair	1.4yrs	R1.36m	no data
Nondumiso Medupe	Independent Non-Executive Director	2.5yrs	R1.07m	no data
Pavan Dhamija	Non-Executive Director	2.3yrs	no data	no data
Robert Roux	Independent Non-Executive Director	less than a year	no data	no data
Nosipho Carol Molope	Independent Non-Executive Director	2.4yrs	R1.05m	no data
Gary Herbert	Non-Executive Director	2.3yrs	no data	no data
Mmamodiane Nkadimeng	Non-Executive Director	4.5yrs	no data	no data
Marinda Dippenaar	Non-Executive Director	2.3yrs	no data	no data

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: AFH's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Alexander Forbes Group Holdings Management

Management criteria checks 1/4

Key information

Recent management updates

Alexander Forbes Group Holdings Limited Announces Changes to the Board and Committees

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Insider recently sold R2.1m worth of stock

Alexander Forbes Group Holdings Limited, Annual General Meeting, Aug 29, 2024

Alexander Forbes Group Holdings Limited Approves Appointment of Group Social, Ethics and Transformation Committee

Alexander Forbes Group Holdings Limited Announces Changes to the Board of Directors

Recent updates

Alexander Forbes Group Holdings Limited Declares an Interim Gross Cash Dividend for the Six Months Ended 30 September 2024, Payable on 13 January 2025

Alexander Forbes Group Holdings Limited Announces Changes to the Board and Committees

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Is Looking A Bit Stretched At The Moment

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of R0.90 per share

Insider recently sold R2.1m worth of stock

Alexander Forbes Group Holdings (JSE:AFH) Will Pay A Larger Dividend Than Last Year At ZAR0.90

New minor risk - Share price stability

Alexander Forbes Group Holdings Limited, Annual General Meeting, Aug 29, 2024

Alexander Forbes Group Holdings (JSE:AFH) Is Increasing Its Dividend To ZAR0.90

Final dividend increased to R0.90

Full year 2024 earnings released: EPS: R0.46 (vs R0.44 in FY 2023)

Alexander Forbes Group Holdings Limited to Report Fiscal Year 2024 Results on Jun 10, 2024

Upcoming dividend of R0.20 per share at 7.0% yield

Investor sentiment improves as stock rises 18%

First half 2024 earnings released: EPS: R0.27 (vs R0.16 in 1H 2023)

Alexander Forbes Group Holdings Limited Announces Interim Cash Dividend for the Six Months Ended 30 September 2023, Payable on 8 January 2024

Alexander Forbes Group Holdings Limited (JSE:AFH) has signed a binding agreement to acquire OUTvest Proprietary Limited from OUTsurance Holdings Limited.

Investor sentiment improves as stock rises 17%

Alexander Forbes Group Holdings Limited Approves Appointment of Group Social, Ethics and Transformation Committee

Upcoming dividend of R0.27 per share at 7.6% yield

Full year 2023 earnings released: EPS: R0.44 (vs R0.37 in FY 2022)

Alexander Forbes Group Holdings Limited Provides Earnings Guidance for the Twelve Months Ended 31 March 2023

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 17%

Alexander Forbes Group Holdings Limited Announces Changes to the Board of Directors

Executive Member of Investments recently sold R84k worth of stock

Upcoming dividend of R0.15 per share

Insider recently sold R5.4m worth of stock

First half 2023 earnings released: EPS: R0.14 (vs R0.19 in 1H 2022)

High number of new directors

High number of new directors

Upcoming dividend of R0.20 per share

Full year 2022 earnings released: EPS: R0.37 (vs R0.33 in FY 2021)

Alexander Forbes Group Holdings Limited Declares Final Cash Dividend for the Year Ended 31 March 2022, Payable July 11, 2022

High number of new directors

Price target increased to R5.49

High number of new directors

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Upcoming dividend of R0.12 per share

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Independent Director Busisiwe Memela-Khambula has left the company

Alexander Forbes Group Holdings Limited's (JSE:AFH) CEO Compensation Looks Acceptable To Us And Here's Why

Upcoming dividend of R0.09 per share

Full year 2021 earnings released: EPS R0.33 (vs R0.78 loss in FY 2020)

Alexander Forbes Group Holdings Limited Provides Earnings Guidance for the Year Ended March 31, 2021

Alexander Forbes Group Holdings Limited to Report First Half, 2022 Results on Dec 06, 2021

New 90-day high: R4.15

If You Had Bought Alexander Forbes Group Holdings (JSE:AFH) Shares Three Years Ago You'd Have A Total Return Of Negative 14%

New 90-day high: R4.07

First half 2021 earnings released: EPS R0.18

New 90-day high: R3.72

Alexander Forbes Group Holdings Limited Appoints Andile Mazwai as an Independent Non-Executive Director and Member of the Audit and Risk Committee

African Rainbow Capital Proprietary Limited completed the acquisition of additional 15% stake in Alexander Forbes Group Holdings Limited (JSE:AFH) from Mercer Africa Limited.

New 90-day low - R3.54

Price target lowered to R4.91

Mercer Africa Limited completed the acquisition of 35.4% stake in Alexander Forbes Group Holdings Limited from Actis LLP, Ontario Teachers' Pension Plan Board and other shareholders.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age