Remgro Management
Management criteria checks 3/4
Remgro's CEO is Jannie Durand, appointed in Nov 2009, has a tenure of 14.33 years. total yearly compensation is ZAR16.30M, comprised of 78.6% salary and 21.4% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth ZAR109.27M. The average tenure of the management team and the board of directors is 11.1 years and 14.3 years respectively.
Key information
Jannie Durand
Chief executive officer
R16.3m
Total compensation
CEO salary percentage | 78.6% |
CEO tenure | 14.3yrs |
CEO ownership | 0.2% |
Management average tenure | 11.1yrs |
Board average tenure | 14.3yrs |
Recent management updates
Recent updates
Investor Optimism Abounds Remgro Limited (JSE:REM) But Growth Is Lacking
Mar 13Why We Think Shareholders May Be Considering Bumping Up Remgro Limited's (JSE:REM) CEO Compensation
Nov 28Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Jun 27Here's Why Remgro (JSE:REM) Has Caught The Eye Of Investors
Feb 24This Is Why We Think Remgro Limited's (JSE:REM) CEO Might Get A Pay Rise Approved By Shareholders
Nov 24Here's Why We Think Remgro (JSE:REM) Might Deserve Your Attention Today
Nov 11There Is A Reason Remgro Limited's (JSE:REM) Price Is Undemanding
Oct 01CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -R403m |
Sep 30 2023 | n/a | n/a | R3b |
Jun 30 2023 | R16m | R13m | R6b |
Dec 31 2022 | n/a | n/a | R11b |
Sep 30 2022 | n/a | n/a | R12b |
Jun 30 2022 | R15m | R12m | R12b |
Mar 31 2022 | n/a | n/a | R10b |
Dec 31 2021 | n/a | n/a | R7b |
Sep 30 2021 | n/a | n/a | R5b |
Jun 30 2021 | R15m | R12m | R4b |
Mar 31 2021 | n/a | n/a | -R158m |
Dec 31 2020 | n/a | n/a | -R4b |
Sep 30 2020 | n/a | n/a | -R3b |
Jun 30 2020 | R14m | R11m | -R2b |
Mar 31 2020 | n/a | n/a | -R2b |
Dec 31 2019 | n/a | n/a | -R3b |
Sep 30 2019 | n/a | n/a | -R3b |
Jun 30 2019 | R14m | R11m | -R4b |
Mar 31 2019 | n/a | n/a | R1b |
Dec 31 2018 | n/a | n/a | R7b |
Sep 30 2018 | n/a | n/a | R8b |
Jun 30 2018 | R14m | R10m | R8b |
Dec 31 2017 | n/a | n/a | R7b |
Sep 30 2017 | n/a | n/a | R7b |
Jun 30 2017 | R13m | R11m | R8b |
Compensation vs Market: Jannie's total compensation ($USD861.84K) is below average for companies of similar size in the ZA market ($USD1.27M).
Compensation vs Earnings: Jannie's compensation has increased whilst the company is unprofitable.
CEO
Jannie Durand (56 yo)
14.3yrs
Tenure
R16,299,000
Compensation
Mr. Jan Jonathan Durand, also known as Jannie, BAcc Hons, MPhil (Oxon), C.A. (SA), serves as Non-Executive Director of Namibia Breweries Limited since April 14, 2023. He serves as the Chairman of Managemen...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of Management Board | 14.3yrs | R16.30m | 0.16% ZAR 109.3m | |
CFO, Member of Management Board & Executive Director | 14.3yrs | R6.67m | 0.025% ZAR 16.4m | |
Director of Compliance & Corporate Social Investment | no data | R4.32m | 0.0079% ZAR 5.3m | |
Head of Strategic Investment & Member of Management Board | no data | R8.14m | no data | |
Corporate Finance & Member of the Management Board | 7.9yrs | R4.32m | no data | |
Head of New Investment | no data | no data | no data | |
Head of Internal Audit & Chief Audit Executive | no data | no data | no data | |
Company Secretary | 7.5yrs | no data | no data | |
Investment Executive | no data | no data | no data |
11.1yrs
Average Tenure
56yo
Average Age
Experienced Management: REM's management team is seasoned and experienced (11.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of Management Board | 14.3yrs | R16.30m | 0.16% ZAR 109.3m | |
CFO, Member of Management Board & Executive Director | no data | R6.67m | 0.025% ZAR 16.4m | |
Director of Compliance & Corporate Social Investment | 7.5yrs | R4.32m | 0.0079% ZAR 5.3m | |
Non-Independent & Non-Executive Chairman | 23.6yrs | no data | no data | |
Independent Non-Executive Deputy Chairman | 23yrs | R721.00k | 0.00099% ZAR 657.9k | |
Non-Independent & Non-Executive Director | 17.4yrs | R477.00k | 0.21% ZAR 140.9m | |
Lead Independent Non-Executive Director | 9yrs | R1.09m | 0.000090% ZAR 59.8k | |
Independent Non-Executive Director | 14.3yrs | R657.00k | 0.000050% ZAR 33.2k | |
Independent Non Executive Director | 16.8yrs | R678.00k | no data | |
Independent Non-Executive Director | 14.3yrs | R657.00k | 0.0038% ZAR 2.5m | |
Independent Non-Executive Director | 3.3yrs | R604.00k | 0.000010% ZAR 6.6k | |
Non-Independent & Non-Executive Director | 4.3yrs | no data | no data |
14.3yrs
Average Tenure
62yo
Average Age
Experienced Board: REM's board of directors are seasoned and experienced ( 14.3 years average tenure).