Exxaro Resources Management
Management criteria checks 3/4
Exxaro Resources' CEO is Nombasa Tsengwa, appointed in Aug 2022, has a tenure of 1.92 years. total yearly compensation is ZAR23.51M, comprised of 33.8% salary and 66.2% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth ZAR26.98M. The average tenure of the management team and the board of directors is 1.9 years and 3.3 years respectively.
Key information
Nombasa Tsengwa
Chief executive officer
R23.5m
Total compensation
| CEO salary percentage | 33.8% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Investors Aren't Buying Exxaro Resources Limited's (JSE:EXX) Earnings
Apr 10
We Think Exxaro Resources (JSE:EXX) Can Stay On Top Of Its Debt
Mar 15Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Jan 17Exxaro Resources Limited's (JSE:EXX) Earnings Are Not Doing Enough For Some Investors
Dec 24Exxaro Resources (JSE:EXX) Is Looking To Continue Growing Its Returns On Capital
Oct 10Exxaro Resources (JSE:EXX) Has A Pretty Healthy Balance Sheet
Sep 14Exxaro Resources (JSE:EXX) Is Very Good At Capital Allocation
Jun 17Exxaro Resources (JSE:EXX) Seems To Use Debt Rather Sparingly
May 30The Market Doesn't Like What It Sees From Exxaro Resources Limited's (JSE:EXX) Earnings Yet
Apr 03Exxaro Resources Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 19Investors Should Be Encouraged By Exxaro Resources' (JSE:EXX) Returns On Capital
Mar 18Here's Why We Think Exxaro Resources (JSE:EXX) Is Well Worth Watching
Feb 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | R24m | R8m | R11b |
| Sep 30 2023 | n/a | n/a | R11b |
| Jun 30 2023 | n/a | n/a | R11b |
| Mar 31 2023 | n/a | n/a | R13b |
| Dec 31 2022 | R22m | R7m | R14b |
| Sep 30 2022 | n/a | n/a | R13b |
| Jun 30 2022 | n/a | n/a | R13b |
| Mar 31 2022 | n/a | n/a | R12b |
| Dec 31 2021 | R14m | R5m | R11b |
| Sep 30 2021 | n/a | n/a | R10b |
| Jun 30 2021 | n/a | n/a | R10b |
| Mar 31 2021 | n/a | n/a | R8b |
| Dec 31 2020 | R11m | R4m | R7b |
| Sep 30 2020 | n/a | n/a | R7b |
| Jun 30 2020 | n/a | n/a | R8b |
| Mar 31 2020 | n/a | n/a | R8b |
| Dec 31 2019 | R11m | R4m | R8b |
| Sep 30 2019 | n/a | n/a | R8b |
| Jun 30 2019 | n/a | n/a | R8b |
| Mar 31 2019 | n/a | n/a | R8b |
| Dec 31 2018 | R11m | R3m | R7b |
| Jun 30 2018 | n/a | n/a | R3b |
| Mar 31 2018 | n/a | n/a | R3b |
| Dec 31 2017 | R9m | R3m | R3b |
Compensation vs Market: Nombasa's total compensation ($USD1.29M) is about average for companies of similar size in the ZA market ($USD1.25M).
Compensation vs Earnings: Nombasa's compensation has been consistent with company performance over the past year.
CEO
Nombasa Tsengwa (58 yo)
1.9yrs
Tenure
R23,514,502
Compensation
Dr. Nombasa Tsengwa, BSc, MSc, Ph.D. (Biotechnology), has been Executive Director at Exxaro Resources Limited since March 16, 2021 and serves as its Chief Executive Officer since August 01, 2022. Dr. Tseng...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.9yrs | R23.51m | 0.058% ZAR 27.0m | |
| Finance Director & Executive Director | 8yrs | R14.69m | 0.032% ZAR 14.8m | |
| Chief Technology Officer | 9.3yrs | R9.00m | no data | |
| Chief People & Performance Officer | less than a year | R3.87m | no data | |
| Chief Sustainable Impact Officer | 14.5yrs | R8.73m | no data | |
| Chief Strategic Resilience & Governance Officer | less than a year | R5.88m | no data | |
| Chief Coal Operations Officer | 2.3yrs | R11.09m | no data | |
| Managing Director of Energy | 1.9yrs | R13.45m | no data | |
| Chief Growth Officer | less than a year | R2.66m | no data | |
| Chief Investor Relations & Liaison Officer | less than a year | no data | no data | |
| Chief Strategy Officer | less than a year | no data | no data | |
| Head of Internal Audit | 4.6yrs | no data | no data |
1.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: EXX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.3yrs | R23.51m | 0.058% ZAR 27.0m | |
| Finance Director & Executive Director | 8yrs | R14.69m | 0.032% ZAR 14.8m | |
| Non-Executive Director | 17.7yrs | R684.26k | no data | |
| Independent Non-Executive Director | 1.5yrs | R829.57k | no data | |
| Independent Non-Executive Director | 2.4yrs | R897.59k | no data | |
| Independent Chairman of Board | 3.3yrs | R2.30m | no data | |
| Independent Non-Executive Director | 8yrs | R1.24m | no data | |
| Lead Independent Non-Executive Director | 6.2yrs | R1.42m | no data | |
| Non Executive Director | 3.1yrs | R685.34k | no data | |
| Independent Non-Executive Director | 3.4yrs | R1.07m | no data | |
| Non-Executive Director | 3.3yrs | R851.54k | no data | |
| Independent Non-Executive Director | 2.4yrs | R1.00m | no data |
3.3yrs
Average Tenure
56yo
Average Age
Experienced Board: EXX's board of directors are considered experienced (3.3 years average tenure).