FirstRand Management

Management criteria checks 4/4

FirstRand's CEO is Alan Pullinger, appointed in Apr 2018, has a tenure of 5.92 years. total yearly compensation is ZAR51.45M, comprised of 18.7% salary and 81.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ZAR425.75M. The average tenure of the management team and the board of directors is 8 years and 5.7 years respectively.

Key information

Alan Pullinger

Chief executive officer

R51.5m

Total compensation

CEO salary percentage18.7%
CEO tenure5.9yrs
CEO ownership0.1%
Management average tenure8yrs
Board average tenure5.7yrs

Recent management updates

FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders

Nov 24
FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders

Recent updates

FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00

Mar 03
FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00

Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors

Jan 12
Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors

FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders

Nov 24
FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders

FirstRand (JSE:FSR) Ticks All The Boxes When It Comes To Earnings Growth

Sep 02
FirstRand (JSE:FSR) Ticks All The Boxes When It Comes To Earnings Growth

With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case

May 16
With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case

Shareholders Will Most Likely Find FirstRand Limited's (JSE:FSR) CEO Compensation Acceptable

Nov 25
Shareholders Will Most Likely Find FirstRand Limited's (JSE:FSR) CEO Compensation Acceptable

Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today

Nov 03
Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today

FirstRand (JSE:FSR) Is Paying Out A Larger Dividend Than Last Year

Oct 04
FirstRand (JSE:FSR) Is Paying Out A Larger Dividend Than Last Year

FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR4.67

Sep 19
FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR4.67

CEO Compensation Analysis

How has Alan Pullinger's remuneration changed compared to FirstRand's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

R38b

Sep 30 2023n/an/a

R37b

Jun 30 2023R51mR10m

R36b

Mar 31 2023n/an/a

R36b

Dec 31 2022n/an/a

R35b

Sep 30 2022n/an/a

R34b

Jun 30 2022R48mR9m

R33b

Mar 31 2022n/an/a

R32b

Dec 31 2021n/an/a

R31b

Sep 30 2021n/an/a

R29b

Jun 30 2021R46mR9m

R27b

Mar 31 2021n/an/a

R20b

Dec 31 2020n/an/a

R14b

Sep 30 2020n/an/a

R16b

Jun 30 2020R39mR9m

R17b

Mar 31 2020n/an/a

R23b

Dec 31 2019n/an/a

R28b

Sep 30 2019n/an/a

R29b

Jun 30 2019R50mR8m

R30b

Mar 31 2019n/an/a

R30b

Dec 31 2018n/an/a

R30b

Sep 30 2018n/an/a

R28b

Jun 30 2018R45mR7m

R27b

Mar 31 2018n/an/a

R26b

Dec 31 2017n/an/a

R25b

Sep 30 2017n/an/a

R25b

Jun 30 2017R43mR7m

R25b

Compensation vs Market: Alan's total compensation ($USD2.72M) is about average for companies of similar size in the ZA market ($USD2.84M).

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


CEO

Alan Pullinger (58 yo)

5.9yrs

Tenure

R51,452,000

Compensation

Mr. Alan Patrick Pullinger, MCom, CA(SA), CFA, serves as a Non-Executive Director at Aldermore Bank Plc since March 14, 2018. Mr. Pullinger has been an Executive Director at FirstRand EMA Holdings Limited...


Leadership Team

NamePositionTenureCompensationOwnership
Alan Pullinger
CEO & Executive Director5.9yrsR51.45m0.12%
ZAR 425.8m
Hetash Kellan
CFO, Executive Financial Director & Director10.2yrsR38.65m0.031%
ZAR 106.2m
Mary Vilakazi
COO & Executive Director5.7yrsR35.39m0.0035%
ZAR 12.0m
Jacques Celliers
Chief Executive Officer of FNB10.4yrsR44.58m0.015%
ZAR 52.3m
Stephen Cooper
Chief Executive Officer Aldermoreno dataR60.47m0.0016%
ZAR 5.4m
Emmarentia Brown
Chief Executive Officer of RMB1.4yrsR41.14m0.012%
ZAR 40.4m
Yatin Narsai
Chief Information Officer and Chief Executive Officer of FNB Smart Solutionsno datano datano data
Sam Moss
Head of Investor Relationsno datano datano data
Carnita Low
Head of Governance10.2yrsno datano data
Tswelo Kodisang
Chief People Officer2.4yrsno datano data
Jacobus Grobler
Head of Group Enterprise Risk Managementno datano datano data
Jaco van Wyk
Group Head of Finance10.5yrsno datano data

8.0yrs

Average Tenure

52yo

Average Age

Experienced Management: FSR's management team is seasoned and experienced (8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alan Pullinger
CEO & Executive Director8.4yrsR51.45m0.12%
ZAR 425.8m
Hetash Kellan
CFO, Executive Financial Director & Director10.2yrsR38.65m0.031%
ZAR 106.2m
Mary Vilakazi
COO & Executive Director5.7yrsR35.39m0.0035%
ZAR 12.0m
Zelda Roscherr
Independent Non-Executive Director3.9yrsR3.20m0.012%
ZAR 40.2m
Louis Von Zeuner
Independent Non-Executive Director5.1yrsR3.41m0.00014%
ZAR 479.1k
Johan Burger
Independent Non-Executive Chairman15.2yrsR3.22m0%
ZAR 0
Grant Gelink
Independent Non-Executive Director11.2yrsR4.37m0.0018%
ZAR 6.2m
Thomas Winterboer
Independent Non Executive Director5.9yrsR3.06m0.00027%
ZAR 924.1k
Tamara Esau-Isaacs
Independent Non-Executive Directorless than a yearno data0.000070%
ZAR 239.6k
Sibusiso Sibisi
Lead Independent Non-Executive Director2.9yrsR2.71mno data
Premilla Naidoo
Independent Non-Executive Director1.9yrsR1.16mno data

5.7yrs

Average Tenure

60yo

Average Age

Experienced Board: FSR's board of directors are considered experienced (5.7 years average tenure).


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