OUTsurance Group Management

Management criteria checks 2/4

OUTsurance Group's CEO is Marthinus Visser, appointed in Dec 2022, has a tenure of 2.08 years. total yearly compensation is ZAR38.84M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 0.037% of the company’s shares, worth ZAR39.71M. The average tenure of the management team and the board of directors is 2 years and 2.1 years respectively.

Key information

Marthinus Visser

Chief executive officer

R38.8m

Total compensation

CEO salary percentage19.2%
CEO tenure2yrs
CEO ownership0.04%
Management average tenure2yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

If EPS Growth Is Important To You, OUTsurance Group (JSE:OUT) Presents An Opportunity

Dec 05
If EPS Growth Is Important To You, OUTsurance Group (JSE:OUT) Presents An Opportunity

Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

Nov 16
Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year

Sep 20
OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year

Here's Why We Think OUTsurance Group (JSE:OUT) Is Well Worth Watching

Sep 04
Here's Why We Think OUTsurance Group (JSE:OUT) Is Well Worth Watching

There's Reason For Concern Over OUTsurance Group Limited's (JSE:OUT) Price

Aug 14
There's Reason For Concern Over OUTsurance Group Limited's (JSE:OUT) Price

Is Now The Time To Put OUTsurance Group (JSE:OUT) On Your Watchlist?

May 21
Is Now The Time To Put OUTsurance Group (JSE:OUT) On Your Watchlist?

Subdued Growth No Barrier To OUTsurance Group Limited's (JSE:OUT) Price

Apr 29
Subdued Growth No Barrier To OUTsurance Group Limited's (JSE:OUT) Price

OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 21
OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year

Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects

Jan 20
Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects

CEO Compensation Analysis

How has Marthinus Visser's remuneration changed compared to OUTsurance Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024R39mR7m

R4b

Mar 31 2024n/an/a

R4b

Dec 31 2023n/an/a

R3b

Sep 30 2023n/an/a

R3b

Jun 30 2023R24mR7m

R3b

Compensation vs Market: Marthinus's total compensation ($USD2.08M) is about average for companies of similar size in the ZA market ($USD1.75M).

Compensation vs Earnings: Marthinus's compensation has increased by more than 20% in the past year.


CEO

Marthinus Visser (50 yo)

2yrs

Tenure

R38,837,000

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

NamePositionTenureCompensationOwnership
Marthinus Visser
CEO & Executive Director2yrsR38.84m0.037%
ZAR 39.7m
Jan Hofmeyr
CFO & Executive Director2yrsR27.40m0.0011%
ZAR 1.2m
Gabi Richards-Smith
Head of sustainability & Complianceno datano datano data
Jacobus Human
Company Secretary & Financial Manager13.2yrsno datano data

2.0yrs

Average Tenure

Experienced Management: OUT's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marthinus Visser
CEO & Executive Director2.1yrsR38.84m0.037%
ZAR 39.7m
Jan Hofmeyr
CFO & Executive Director2.1yrsR27.40m0.0011%
ZAR 1.2m
Hermanus Bosman
Non-Executive Chairman10.7yrsR1.15m0.077%
ZAR 83.5m
James Teeger
Independent Non-Executive Director6.8yrsR432.00k0.00090%
ZAR 971.0k
Jan Durand
Non-Executive Director14yrsR608.00kno data
Willem Roos
Non Executive Director2.1yrsR416.00k0.019%
ZAR 20.6m
Kubandiran Pillay
Lead Independent Director2.1yrsR878.00k0.0024%
ZAR 2.6m
Albertinah Kekana
Non-Executive Director7.3yrsR416.00kno data
E. Moabi
Independent Non Executive Director2.1yrsR812.00kno data
Matsotso Mahlare
Independent Non-Executive Director6.8yrsR416.00kno data
Sharron Naidoo
Independent Non-Executive Director2.1yrsR654.00kno data
Hantie van Heerden
Independent Non-Executive Director2.1yrsR654.00kno data

2.1yrs

Average Tenure

53yo

Average Age

Experienced Board: OUT's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:40
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

OUTsurance Group Limited is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne DamantAvior Capital Markets
Marius StrydomBofA Global Research
Larissa van DeventerDeutsche Bank