Clientèle Management

Management criteria checks 2/4

Clientèle's CEO is Basil Reekie, appointed in Jul 2013, has a tenure of 11.33 years. total yearly compensation is ZAR20.63M, comprised of 43.1% salary and 56.9% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth ZAR18.04M. The average tenure of the management team and the board of directors is 6.8 years and 3.7 years respectively.

Key information

Basil Reekie

Chief executive officer

R20.6m

Total compensation

CEO salary percentage43.1%
CEO tenure11.3yrs
CEO ownership0.4%
Management average tenure6.8yrs
Board average tenure3.7yrs

Recent management updates

Shareholders Will Probably Hold Off On Increasing Clientèle Limited's (JSE:CLI) CEO Compensation For The Time Being

Nov 07
Shareholders Will Probably Hold Off On Increasing Clientèle Limited's (JSE:CLI) CEO Compensation For The Time Being

Recent updates

Shareholders Will Probably Hold Off On Increasing Clientèle Limited's (JSE:CLI) CEO Compensation For The Time Being

Nov 07
Shareholders Will Probably Hold Off On Increasing Clientèle Limited's (JSE:CLI) CEO Compensation For The Time Being

We Take A Look At Why Clientèle Limited's (JSE:CLI) CEO Has Earned Their Pay Packet

Oct 25
We Take A Look At Why Clientèle Limited's (JSE:CLI) CEO Has Earned Their Pay Packet

Clientèle's (JSE:CLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 20
Clientèle's (JSE:CLI) Shareholders Will Receive A Bigger Dividend Than Last Year

Should Clientèle Limited (JSE:CLI) Be Part Of Your Income Portfolio?

Feb 25
Should Clientèle Limited (JSE:CLI) Be Part Of Your Income Portfolio?

Is The Market Rewarding Clientèle Limited (JSE:CLI) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Jan 25
Is The Market Rewarding Clientèle Limited (JSE:CLI) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

What Type Of Returns Would Clientèle's(JSE:CLI) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Nov 30
What Type Of Returns Would Clientèle's(JSE:CLI) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

CEO Compensation Analysis

How has Basil Reekie's remuneration changed compared to Clientèle's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R21mR9m

R330m

Mar 31 2024n/an/a

R294m

Dec 31 2023n/an/a

R402m

Sep 30 2023n/an/a

R445m

Jun 30 2023R15mR8m

R344m

Mar 31 2023n/an/a

R393m

Dec 31 2022n/an/a

R443m

Sep 30 2022n/an/a

R432m

Jun 30 2022R24mR8m

R420m

Mar 31 2022n/an/a

R418m

Dec 31 2021n/an/a

R417m

Sep 30 2021n/an/a

R404m

Jun 30 2021R15mR7m

R392m

Mar 31 2021n/an/a

R370m

Dec 31 2020n/an/a

R349m

Sep 30 2020n/an/a

R339m

Jun 30 2020R10mR7m

R329m

Mar 31 2020n/an/a

R357m

Dec 31 2019n/an/a

R385m

Sep 30 2019n/an/a

R393m

Jun 30 2019R9mR3m

R401m

Mar 31 2019n/an/a

R411m

Dec 31 2018n/an/a

R421m

Sep 30 2018n/an/a

R455m

Jun 30 2018R10mR3m

R490m

Compensation vs Market: Basil's total compensation ($USD1.19M) is above average for companies of similar size in the ZA market ($USD715.92K).

Compensation vs Earnings: Basil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Basil Reekie (51 yo)

11.3yrs

Tenure

R20,626,000

Compensation

Mr. Basil William Reekie, B.Sc (Hons), FASSA has been the Managing Director of Clientele Limited since July 1, 2013. Mr. Reekie served as the Managing Director of Clientele Life from May 2008 to June 2020....


Leadership Team

NamePositionTenureCompensationOwnership
Basil Reekie
Group MD & Executive Director11.3yrsR20.63m0.44%
ZAR 18.0m
Angela Pillay
Executive Director & CFOless than a yearR7.58mno data
Ramaesela Dorcas Zwane
Group HR Director10.8yrsR5.30m0.0015%
ZAR 61.2k
Hugo Louw
MD of Clientele Life & Executive Director3.7yrsR10.06m0.031%
ZAR 1.3m
Tiffany Boesch
Group Chief Operating Officer1.8yrsno datano data
Eben Smit
Head of Group Legal & Company Secretary6.8yrsno datano data
Laura Botha
Group Executive of Marketing & Media12.8yrsno datano data
Franco Pretorius
Group Executive of Salesno datano datano data
Tshepisho Tabane
Executive Directorno datano datano data
Karabo Kopeka
Managing Director of Clientele Legalless than a yearno datano data
Johan Potgieter
Chief Risk Officer & Head of Actuarial Function8.3yrsno datano data

6.8yrs

Average Tenure

50yo

Average Age

Experienced Management: CLI's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Basil Reekie
Group MD & Executive Director16.8yrsR20.63m0.44%
ZAR 18.0m
Angela Pillay
Executive Director & CFOless than a yearR7.58mno data
Hugo Louw
MD of Clientele Life & Executive Director3.7yrsR10.06m0.031%
ZAR 1.3m
Tshepisho Tabane
Executive Directorno datano datano data
Gavin Routledge
Independent Non-Executive Chairman16.8yrsR3.80m0.89%
ZAR 36.4m
Herschel Mayers
Independent Non-Executive Director1.5yrsR1.09mno data
Gavin Chadwick
Non-Executive Directorless than a yearno datano data
Robert Williams
Independent Non-Executive Director11.8yrsR1.33mno data
Barry Stott
Independent Non-Executive Director14.8yrsR2.22m0.029%
ZAR 1.2m
Thetele Masilwane
Independent Non-Executive Directorless than a yearR770.00kno data
Phethedi Nkadimeng
Non-Executive Director7.7yrsno datano data
Murray Raisbeck
Non-Independent Non-Executive Directorless than a yearno datano data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Board: CLI's board of directors are considered experienced (3.7 years average tenure).