OUTsurance Group Management
Management criteria checks 2/4
OUTsurance Group's CEO is Marthinus Visser, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is ZAR23.85M, comprised of 28.5% salary and 71.5% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ZAR41.87K. The average tenure of the management team and the board of directors is 1.3 years and 3.8 years respectively.
Key information
Marthinus Visser
Chief executive officer
R23.8m
Total compensation
| CEO salary percentage | 28.5% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.00007% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 21
Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects
Jan 20Here's Why We Think OUTsurance Group (JSE:OUT) Might Deserve Your Attention Today
Nov 12This Is Why We Think Rand Merchant Investment Holdings Limited's (JSE:RMI) CEO Might Get A Pay Rise Approved By Shareholders
Nov 16Has Rand Merchant Investment Holdings Limited (JSE:RMI) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Mar 11What Type Of Shareholders Make Up Rand Merchant Investment Holdings Limited's (JSE:RMI) Share Registry?
Feb 12How Should Investors Feel About Rand Merchant Investment Holdings' (JSE:RMI) CEO Remuneration?
Jan 20Rand Merchant Investment Holdings'(JSE:RMI) Share Price Is Down 29% Over The Past Three Years.
Dec 30
Rand Merchant Investment Holdings Limited's (JSE:RMI) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R3b |
| Sep 30 2023 | n/a | n/a | R3b |
| Jun 30 2023 | R24m | R7m | R3b |
Compensation vs Market: Marthinus's total compensation ($USD1.25M) is about average for companies of similar size in the ZA market ($USD1.26M).
Compensation vs Earnings: Insufficient data to compare Marthinus's compensation with company performance.
CEO
Marthinus Visser (49 yo)
1.3yrs
Tenure
R23,845,040
Compensation
Mr. Marthinus C. Visser serves as Group Chief Executive Officer and Executive Director of OUTsurance Holdings Limited since January 01, 2018. Mr. Visser is a Non-Executive Director of Youi Holdings Pty Ltd...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.3yrs | R23.85m | 0.000070% ZAR 41.9k | |
| CFO & Executive Director | 1.3yrs | R21.08m | 0.041% ZAR 24.2m | |
| Head of sustainability & Compliance | no data | no data | no data | |
| Company Secretary & Financial Manager | 12.5yrs | no data | no data |
1.3yrs
Average Tenure
Experienced Management: OUT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.4yrs | R23.85m | 0.000070% ZAR 41.9k | |
| CFO & Executive Director | 1.4yrs | R21.08m | 0.041% ZAR 24.2m | |
| Non-Executive Chairman | 10yrs | R8.51m | 0.065% ZAR 39.0m | |
| Independent Non-Executive Director | 6.1yrs | R351.00k | 0.0063% ZAR 3.7m | |
| Non-Executive Director | 13.3yrs | R537.00k | no data | |
| Non Executive Director | 1.4yrs | R367.00k | no data | |
| Lead Independent Director | 1.4yrs | R718.00k | 0.0015% ZAR 897.3k | |
| Independent Non-Executive Director | 9.7yrs | R384.00k | no data | |
| Non-Executive Director | 6.6yrs | R325.00k | no data | |
| Independent Non Executive Director | 1.4yrs | R741.00k | 0.00015% ZAR 89.7k | |
| Independent Non Executive Director | 1.4yrs | R577.00k | no data | |
| Independent Non-Executive Director | 6.1yrs | R325.00k | no data |
3.8yrs
Average Tenure
54yo
Average Age
Experienced Board: OUT's board of directors are considered experienced (3.8 years average tenure).