Thungela Resources Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
July Ndlovu
Chief executive officer
R77.1m
Total compensation
| CEO salary percentage | 10.5% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | R77m | R8m | R5b |
| Sep 30 2023 | n/a | n/a | R8b |
| Jun 30 2023 | n/a | n/a | R11b |
| Mar 31 2023 | n/a | n/a | R14b |
| Dec 31 2022 | R129m | R8m | R17b |
| Sep 30 2022 | n/a | n/a | R16b |
| Jun 30 2022 | n/a | n/a | R15b |
| Mar 31 2022 | n/a | n/a | R11b |
| Dec 31 2021 | R75m | R7m | R6b |
| Sep 30 2021 | n/a | n/a | R3b |
| Jun 30 2021 | n/a | n/a | R23m |
| Mar 31 2021 | n/a | n/a | -R153m |
| Dec 31 2020 | R26m | R7m | -R330m |
Compensation vs Market: July's total compensation ($USD4.05M) is above average for companies of similar size in the ZA market ($USD1.02M).
Compensation vs Earnings: July's compensation has been consistent with company performance over the past year.
CEO
July Ndlovu (57 yo)
7.6yrs
Tenure
R77,109,000
Compensation
Mr. July Ndlovu, BSc (Hons), MBL, CSEP, BLP, serves as Chief Executive Officer of Thungela Resources Limited and has been its Executive Director since September 1, 2016. Mr. Ndlovu served as Chief Executiv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | R77.11m | 0.60% ZAR 111.6m | |
| CFO & Executive Director | 6.8yrs | R40.32m | 0.26% ZAR 48.0m | |
| Executive Head of Technical | no data | R7.45m | no data | |
| Executive Head of Marketing | 3yrs | R6.37m | no data | |
| Executive Head of Human Resources | no data | R5.35m | no data | |
| Executive Head of Safety | 4yrs | R5.27m | no data | |
| Chief Operations Officer | no data | R9.19m | no data | |
| Executive Head of Corporate Affairs | no data | R6.06m | no data | |
| Company Secretary | 3.1yrs | no data | no data | |
| Investor Relations Contact | no data | no data | no data |
3.5yrs
Average Tenure
50yo
Average Age
Experienced Management: TGA's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.6yrs | R77.11m | 0.60% ZAR 111.6m | |
| CFO & Executive Director | 6.8yrs | R40.32m | 0.26% ZAR 48.0m | |
| Independent Non-Executive Director | 2.8yrs | R1.09m | 0.019% ZAR 3.6m | |
| Independent Non-Executive Director | 3.1yrs | R1.13m | no data | |
| Independent Non-Executive Chairman | 3.3yrs | R1.62m | 0.0027% ZAR 506.9k | |
| Independent Non-Executive Director | 3.1yrs | R1.13m | no data | |
| Independent Non-Executive Director | 3.2yrs | R1.21m | 0.00057% ZAR 106.6k | |
| Independent Non-Executive Director | 1.7yrs | R268.16k | no data |
3.1yrs
Average Tenure
56.5yo
Average Age
Experienced Board: TGA's board of directors are considered experienced (3.1 years average tenure).