FirstRand Management
Management criteria checks 4/4
FirstRand's CEO is Mary Vilakazi, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is ZAR40.55M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth ZAR35.33M. The average tenure of the management team and the board of directors is 2.3 years and 4.8 years respectively.
Key information
Mary Vilakazi
Chief executive officer
R40.6m
Total compensation
CEO salary percentage | 22.1% |
CEO tenure | less than a year |
CEO ownership | 0.008% |
Management average tenure | 2.3yrs |
Board average tenure | 4.8yrs |
Recent management updates
Recent updates
With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case
Dec 17FirstRand's (JSE:FSR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 20Is Now The Time To Put FirstRand (JSE:FSR) On Your Watchlist?
Sep 06Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today
May 21FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00
Mar 03CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | R41m | R9m | R38b |
Mar 31 2024 | n/a | n/a | R38b |
Dec 31 2023 | n/a | n/a | R38b |
Sep 30 2023 | n/a | n/a | R37b |
Jun 30 2023 | R35m | R8m | R36b |
Mar 31 2023 | n/a | n/a | R36b |
Dec 31 2022 | n/a | n/a | R35b |
Sep 30 2022 | n/a | n/a | R34b |
Jun 30 2022 | R33m | R8m | R33b |
Mar 31 2022 | n/a | n/a | R32b |
Dec 31 2021 | n/a | n/a | R31b |
Sep 30 2021 | n/a | n/a | R29b |
Jun 30 2021 | R27m | R7m | R27b |
Mar 31 2021 | n/a | n/a | R20b |
Dec 31 2020 | n/a | n/a | R14b |
Sep 30 2020 | n/a | n/a | R16b |
Jun 30 2020 | R24m | R7m | R17b |
Mar 31 2020 | n/a | n/a | R23b |
Dec 31 2019 | n/a | n/a | R28b |
Sep 30 2019 | n/a | n/a | R29b |
Jun 30 2019 | R25m | R6m | R30b |
Compensation vs Market: Mary's total compensation ($USD2.19M) is about average for companies of similar size in the ZA market ($USD2.98M).
Compensation vs Earnings: Mary's compensation has been consistent with company performance over the past year.
CEO
Mary Vilakazi (46 yo)
less than a year
Tenure
R40,552,000
Compensation
Ms. Mary Vilakazi, BCom (Hons), HDip Auditing, CA(SA) serves as Non-Executive Director at Aldermore Group since April 01, 2024. She serves as Non-Executive Director at Aldermore Bank PLC since April 01, 20...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | less than a year | R40.55m | 0.0083% ZAR 35.3m | |
CFO & Executive Director | less than a year | R46.69m | 0.00057% ZAR 2.4m | |
Chief Executive Officer of nav. | 11.3yrs | R46.50m | 0.015% ZAR 65.4m | |
Chief Executive Officer of FNB | 1yr | R42.41m | 0.046% ZAR 195.3m | |
Chief Executive Officer Aldermore | no data | R2.58m | 0.0022% ZAR 9.5m | |
Chief Executive Officer of RMB | 2.3yrs | R42.06m | 0.012% ZAR 50.5m | |
Chief Information Officer and Chief Executive Officer of FNB Smart Solutions | no data | no data | no data | |
Head of Investor Relations | no data | no data | no data | |
Head of Governance | 11yrs | no data | no data | |
Chief People Officer | 3.3yrs | no data | no data | |
Chief Value Officer | 1yr | no data | no data | |
Group Head of Finance | 11.3yrs | no data | no data |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: FSR's management team is considered experienced (2.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 6.5yrs | R40.55m | 0.0083% ZAR 35.3m | |
CFO & Executive Director | less than a year | R46.69m | 0.00057% ZAR 2.4m | |
Independent Non-Executive Director | 4.8yrs | R4.36m | 0.012% ZAR 50.3m | |
Independent Non-Executive Director | 5.9yrs | R4.08m | 0.00014% ZAR 598.8k | |
Independent Non-Executive Chairman | 16yrs | R6.06m | 0.092% ZAR 392.0m | |
Independent Non-Executive Director | 12yrs | R4.57m | 0.0018% ZAR 7.8m | |
Independent Non-Executive Director | less than a year | R1.95m | no data | |
Independent Non Executive Director | 6.8yrs | R3.52m | 0.00027% ZAR 1.2m | |
Independent Non-Executive Director | 1.6yrs | R1.47m | 0.000070% ZAR 299.4k | |
Lead Independent Non-Executive Director | 3.8yrs | R3.10m | no data | |
Independent Non-Executive Director | 2.8yrs | R1.51m | no data |
4.8yrs
Average Tenure
62yo
Average Age
Experienced Board: FSR's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/30 01:28 |
End of Day Share Price | 2025/01/30 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2024/06/30 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
FirstRand Limited is covered by 26 analysts. 9 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 |
---|---|
Johann Scholtz | Afrifocus Securities (Pty) Ltd. |
Harry Botha | Anchor Stockbrokers Proprietary Limited |
Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |