Tiger Brands Management
Management criteria checks 2/4
Tiger Brands' CEO is Tjaart Kruger, appointed in Nov 2023, has a tenure of 2.08 years. total yearly compensation is ZAR14.95M, comprised of 82.7% salary and 17.3% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth ZAR18.13M. The average tenure of the management team and the board of directors is 1.9 years and 4.5 years respectively.
Key information
Tjaart Kruger
Chief executive officer
R14.9m
Total compensation
| CEO salary percentage | 82.72% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Tiger Brands (JSE:TBS)
Dec 04
Tiger Brands Limited's (JSE:TBS) Share Price Could Signal Some Risk
Oct 14Is Now The Time To Put Tiger Brands (JSE:TBS) On Your Watchlist?
Sep 23The Returns At Tiger Brands (JSE:TBS) Aren't Growing
Aug 18Is Tiger Brands (JSE:TBS) A Risky Investment?
Jul 06Some Confidence Is Lacking In Tiger Brands Limited's (JSE:TBS) P/E
Jun 18Here's Why We Think Tiger Brands (JSE:TBS) Is Well Worth Watching
May 09
Investing In Super Bakeries And AI Will Lower Costs And Improve Future Net Margins
Key Takeaways Streamlining management and rationalizing SKUs are expected to enhance revenue growth and improve net margins. Investments in technology and manufacturing aim to optimize costs and capture market share in Southern Africa.Here's What To Make Of Tiger Brands' (JSE:TBS) Decelerating Rates Of Return
Apr 18Tiger Brands Limited (JSE:TBS) Investors Are Less Pessimistic Than Expected
Feb 25
Technology Investments And E-Commerce Expansion Will Enhance Future Operations [test]
Operational efficiency and margin improvements are expected from business model evolution, management reduction, and shedding non-core brands.Expanding E-Commerce And Supply Chain Optimization Will Strengthen Market Presence
Optimization of supply chains and strategic realignment aim to reduce costs and increase net margins and earnings.With EPS Growth And More, Tiger Brands (JSE:TBS) Makes An Interesting Case
Dec 31Tiger Brands' (JSE:TBS) Profits May Not Reveal Underlying Issues
Dec 12Returns On Capital At Tiger Brands (JSE:TBS) Have Stalled
Nov 22Tiger Brands Limited's (JSE:TBS) Popularity With Investors Is Under Threat From Overpricing
Oct 23Is Tiger Brands (JSE:TBS) Using Too Much Debt?
Aug 15Tiger Brands Limited's (JSE:TBS) Price Is Out Of Tune With Earnings
Jul 19Tiger Brands' (JSE:TBS) Dividend Will Be ZAR3.50
Jun 15Tiger Brands (JSE:TBS) Strong Profits May Be Masking Some Underlying Issues
Jun 03Tiger Brands (JSE:TBS) Has Announced A Dividend Of ZAR3.50
May 30Investor Optimism Abounds Tiger Brands Limited (JSE:TBS) But Growth Is Lacking
Apr 13Here's Why Tiger Brands (JSE:TBS) Can Manage Its Debt Responsibly
Mar 13Investors Met With Slowing Returns on Capital At Tiger Brands (JSE:TBS)
Jan 19Tiger Brands (JSE:TBS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.71
Jan 01Capital Allocation Trends At Tiger Brands (JSE:TBS) Aren't Ideal
Sep 22Tiger Brands (JSE:TBS) Will Pay A Dividend Of ZAR3.20
Jun 02These 4 Measures Indicate That Tiger Brands (JSE:TBS) Is Using Debt Reasonably Well
May 31Tiger Brands (JSE:TBS) Will Be Looking To Turn Around Its Returns
Mar 09Here's Why Shareholders May Want To Be Cautious With Increasing Tiger Brands Limited's (JSE:TBS) CEO Pay Packet
Feb 15Is Tiger Brands (JSE:TBS) A Risky Investment?
Dec 30Tiger Brands (JSE:TBS) Will Be Hoping To Turn Its Returns On Capital Around
Sep 08Is There An Opportunity With Tiger Brands Limited's (JSE:TBS) 22% Undervaluation?
Aug 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | R15m | R12m | R4b |
| Mar 31 2025 | n/a | n/a | R4b |
| Dec 31 2024 | n/a | n/a | R3b |
| Sep 30 2024 | R11m | R10m | R3b |
Compensation vs Market: Tjaart's total compensation ($USD882.07K) is below average for companies of similar size in the ZA market ($USD1.53M).
Compensation vs Earnings: Tjaart's compensation has increased by more than 20% in the past year.
CEO
Tjaart Kruger (64 yo)
Mr. Tjaart N. Kruger served as Chief Executive Officer of Premier Group (Pty) Limited (formerly known as Premier Foods (Pty) Limited) from 2011 to 2021, where he successfully led Premier Foods’ expansion a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Executive For Grains Businesses | 2.1yrs | R14.95m | 0.033% ZAR 18.1m | |
| CFO & Executive Director | 1.9yrs | R14.26m | no data | |
| Investor Relations & Business Development Director | no data | no data | no data | |
| Chief Legal | 5.9yrs | no data | no data | |
| Corporate Communications Director | no data | no data | no data | |
| Chief Human Resources Officer | 7.6yrs | no data | no data | |
| Chief Customer Officer | 6.6yrs | no data | no data | |
| Managing Director of Bakeries | 1.8yrs | no data | no data | |
| Managing Director of Grains | 1.8yrs | no data | no data | |
| Managing Director of Culinary | 1.8yrs | no data | no data | |
| Chief Manufacturing Officer | 1.6yrs | no data | no data | |
| Managing Director of Home and Personal Care | 1.4yrs | no data | no data |
Experienced Management: TBS's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Executive For Grains Businesses | 2.1yrs | R14.95m | 0.033% ZAR 18.1m | |
| CFO & Executive Director | 1.9yrs | R14.26m | no data | |
| Independent Non-Executive Director | 3.5yrs | R959.00k | no data | |
| Independent Non-Executive Director | 6.5yrs | R1.23m | no data | |
| Non-Executive Director | 2.7yrs | R881.00k | 4.49% ZAR 2.5b | |
| Independent Non-Executive Director | 6.2yrs | R1.11m | no data | |
| Lead Independent Director | 3.7yrs | R2.44m | no data | |
| Independent Chairman | 5.3yrs | R2.49m | no data | |
| Independent Non-Executive Director | 9yrs | R1.01m | no data | |
| Independent Non-Executive Director | 5.3yrs | R1.95m | no data |
Experienced Board: TBS's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/08 03:31 |
| End of Day Share Price | 2025/12/05 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tiger Brands Limited is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sidharth Saboo | Arqaam Capital Research Offshore S.A.L. |
| Detlef Winckelmann | Arqaam Capital Research Offshore S.A.L. |
| Paul Henri Steegers | BofA Global Research |