Coronation Fund Managers Limited

JSE:CML Stock Report

Market Cap: R14.2b

Coronation Fund Managers Management

Management criteria checks 3/4

Coronation Fund Managers' CEO is Anton Pillay, appointed in Feb 2013, has a tenure of 15.67 years. total yearly compensation is ZAR12.71M, comprised of 50.5% salary and 49.5% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth ZAR191.95M. The average tenure of the management team and the board of directors is 10.1 years and 7 years respectively.

Key information

Anton Pillay

Chief executive officer

R12.7m

Total compensation

CEO salary percentage50.5%
CEO tenure12yrs
CEO ownership1.3%
Management average tenure10.1yrs
Board average tenure7yrs

Recent management updates

Recent updates

Coronation Fund Managers (JSE:CML) Is Increasing Its Dividend To ZAR2.28

Nov 22
Coronation Fund Managers (JSE:CML) Is Increasing Its Dividend To ZAR2.28

Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing

Sep 13
Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing

Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year

Nov 24
Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year

Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns

Feb 16
Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns

Zooming in on JSE:CML's 7.8% Dividend Yield

Feb 01
Zooming in on JSE:CML's 7.8% Dividend Yield

What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition

Jan 11
What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition

How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?

Dec 22
How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?

Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend

Dec 05
Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend

Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings

Nov 23
Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings

CEO Compensation Analysis

How has Anton Pillay's remuneration changed compared to Coronation Fund Managers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024R13mR6m

R2b

Jun 30 2024n/an/a

R2b

Mar 31 2024n/an/a

R1b

Dec 31 2023n/an/a

R980m

Sep 30 2023R9mR6m

R640m

Jun 30 2023n/an/a

R623m

Mar 31 2023n/an/a

R606m

Dec 31 2022n/an/a

R944m

Sep 30 2022R11mR2m

R1b

Jun 30 2022n/an/a

R1b

Mar 31 2022n/an/a

R2b

Dec 31 2021n/an/a

R2b

Sep 30 2021R14mR2m

R2b

Jun 30 2021n/an/a

R2b

Mar 31 2021n/an/a

R2b

Dec 31 2020n/an/a

R2b

Sep 30 2020R12mR2m

R1b

Jun 30 2020n/an/a

R1b

Mar 31 2020n/an/a

R1b

Dec 31 2019n/an/a

R1b

Sep 30 2019R12mR2m

R1b

Jun 30 2019n/an/a

R1b

Mar 31 2019n/an/a

R1b

Dec 31 2018n/an/a

R1b

Sep 30 2018R11mR2m

R1b

Compensation vs Market: Anton's total compensation ($USD689.80K) is below average for companies of similar size in the ZA market ($USD1.02M).

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

CEO

Anton Pillay (54 yo)

12yrs

Tenure

R12,710,000

Compensation

Mr. Anton Clarence Pillay, BBusSc, CA (SA), CFA, AMP (Harvard), is CEO & Executive Director of Coronation Fund Managers Limited. He joined the Coronation Fund Managers Limited in January 2006. He is Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Anton Pillay
CEO & Executive Director12yrsR12.71m1.35%
ZAR 192.0m
Mary-Anne Mazvidzeni Musekiwa
CFO, Financial Director & Executive Director5.7yrsR5.34m0.14%
ZAR 19.3m
Karl Leinberger
Chief Investment Officer16.8yrsno datano data
Gavin Joubert
Head of Emerging Markets & Portfolio Managerno datano datano data
Mark Le Roux
Senior Member of Fixed Interest Unit & Portfolio Managerno datano datano data
Kirshni Totaram
Global Head of Institutional Business24.6yrsno data1.53%
ZAR 218.0m
Peter Leger
Head of Global Frontier Markets Investment Unit & Portfolio Managerno datano datano data
Quinton Ivan
Head of SA Equity Research & Portfolio Managerno datano data0.51%
ZAR 72.0m
Nishan Maharaj
Head of Fixed Income8.3yrsno datano data
Neil Padoa
Head of Global Developed Markets Research & Portfolio Managerno datano datano data
Nazrana Hawa
Company Secretary5.5yrsno datano data
Neville Chester
Senior Portfolio Managerno datano datano data

10.1yrs

Average Tenure

43yo

Average Age

Experienced Management: CML's management team is seasoned and experienced (10.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anton Pillay
CEO & Executive Director15.7yrsR12.71m1.35%
ZAR 192.0m
Mary-Anne Mazvidzeni Musekiwa
CFO, Financial Director & Executive Directorno dataR5.34m0.14%
ZAR 19.3m
Andre du Plessis
Chairman of Coronation Fund Managers in Ireland and Director of Coronation Fund Managers in Ireland19.8yrsno datano data
Sakhiwo Ntombela
Lead Independent Non Executive Director4.3yrsR1.53mno data
Alethea Berenice Conrad
Independent Non-Executive Director1.2yrsR654.00kno data
Hugo Nelson
Independent Non-Executive Director8.3yrsR1.35m1.63%
ZAR 232.7m
Alexandra Watson
Independent Non-Executive Chairperson16.8yrsR1.76mno data
Phakamani Hadebe
Independent Non Executive Director4.3yrsR806.00kno data
Madichaba Nhlumayo
Independent Non-Executive Director5.7yrsR1.26mno data
Lulama Boyce
Independent Non-Executive Director10.3yrsR1.20mno data
Neil Brown
Independent Non Executive Director4.3yrsR1.18m0.033%
ZAR 4.7m

7.0yrs

Average Tenure

54yo

Average Age

Experienced Board: CML's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 15:32
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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.

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

Coronation Fund Managers Limited is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
David TalpertAvior Capital Markets
Richard LadbrookBarclays