Brimstone Investment Corporation Limited

JSE:BRN Stock Report

Market Cap: R1.1b

Brimstone Investment Management

Management criteria checks 3/4

Brimstone Investment's CEO is Mustaq Enus-Brey, appointed in Jan 1995, has a tenure of 29.33 years. total yearly compensation is ZAR10.26M, comprised of 38.7% salary and 61.3% bonuses, including company stock and options. directly owns 10.88% of the company’s shares, worth ZAR119.47M. The average tenure of the management team and the board of directors is 13.5 years and 17.2 years respectively.

Key information

Mustaq Enus-Brey

Chief executive officer

R10.3m

Total compensation

CEO salary percentage38.7%
CEO tenure29.3yrs
CEO ownership10.9%
Management average tenure13.5yrs
Board average tenure17.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mustaq Enus-Brey's remuneration changed compared to Brimstone Investment's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023R10mR4m

R291m

Sep 30 2023n/an/a

R272m

Jun 30 2023n/an/a

R253m

Mar 31 2023n/an/a

R221m

Dec 31 2022R10mR4m

R190m

Sep 30 2022n/an/a

R266m

Jun 30 2022n/an/a

R343m

Mar 31 2022n/an/a

R458m

Dec 31 2021R9mR3m

R574m

Jun 30 2021n/an/a

R318m

Mar 31 2021n/an/a

R96m

Dec 31 2020R8mR3m

-R127m

Sep 30 2020n/an/a

-R151m

Jun 30 2020n/an/a

-R118m

Mar 31 2020n/an/a

-R102m

Dec 31 2019R9mR3m

-R86m

Sep 30 2019n/an/a

-R19m

Jun 30 2019n/an/a

R48m

Mar 31 2019n/an/a

-R15m

Dec 31 2018R9mR3m

-R79m

Sep 30 2018n/an/a

-R35m

Jun 30 2018n/an/a

R8m

Mar 31 2018n/an/a

R27m

Dec 31 2017R8mR3m

R46m

Compensation vs Market: Mustaq's total compensation ($USD554.51K) is above average for companies of similar size in the ZA market ($USD334.13K).

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


CEO

Mustaq Enus-Brey (69 yo)

29.3yrs

Tenure

R10,262,000

Compensation

Mr. Mustaq Ahmed Enus-Brey, BCompt (Hons), CA(SA) is Co-Founder and Chief Executive Officer at Brimstone Investment Corporation Limited. Mr. Enus-Brey has been the Chairman of Oceana Group Ltd. since Febru...


Leadership Team

NamePositionTenureCompensationOwnership
Frederick Robertson
Executive Chairman28.6yrsR11.61m10.31%
ZAR 113.3m
Mustaq Enus-Brey
Co-Founder29.3yrsR10.26m10.88%
ZAR 119.5m
Geoffrey Fortuin
Financial Director & Executive Directorno dataR6.84m0.00020%
ZAR 2.2k
Mohamed Khan
COO & Executive Director8yrsR7.20m0.078%
ZAR 855.1k
Tiloshani Moodley
Head of Legal & Compliance13.5yrsR3.62m0.36%
ZAR 3.9m
Sabira Dhansay
Accountantno datano datano data
Nazeema Jogee
Executive of Shareholder Liaison & Marketingno datano datano data

13.5yrs

Average Tenure

58yo

Average Age

Experienced Management: BRN's management team is seasoned and experienced (13.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Frederick Robertson
Executive Chairman28.6yrsR11.61m10.31%
ZAR 113.3m
Mustaq Enus-Brey
Co-Founder28.5yrsR10.26m10.88%
ZAR 119.5m
Geoffrey Fortuin
Financial Director & Executive Director8yrsR6.84m0.00020%
ZAR 2.2k
Mohamed Khan
COO & Executive Director8yrsR7.20m0.078%
ZAR 855.1k
Tiloshani Moodley
Head of Legal & Compliance6yrsR3.62m0.36%
ZAR 3.9m
Mzwandile John Hewu
Independent Non-Executive Director26.7yrsR458.00kno data
Nazeem Khan
Independent Non-Executive Director28.5yrsR764.00k1.05%
ZAR 11.6m
Liyaqat Parker
Independent Non-Executive Director28.5yrsR526.00k1.32%
ZAR 14.5m
Philip Campher
Lead Independent Director18.2yrsR1.03mno data
Felicia Roman
Independent Non-Executive Director16.2yrsR390.00kno data
Logan Abraham Wort
Independent Non-Executive Director2.5yrsR458.00kno data
Mduduzi Ndlovu
Independent Non-Executive Director2.4yrsR526.00kno data

17.2yrs

Average Tenure

59.5yo

Average Age

Experienced Board: BRN's board of directors are seasoned and experienced ( 17.2 years average tenure).


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