ArcelorMittal South Africa Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Kobus Verster
Chief executive officer
R10.6m
Total compensation
| CEO salary percentage | 93.6% |
| CEO tenure | 6.8yrs |
| CEO ownership | n/a |
| Management average tenure | 3.9yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Does ArcelorMittal South Africa (JSE:ACL) Have A Healthy Balance Sheet?
May 16
Here's Why We Think ArcelorMittal South Africa (JSE:ACL) Might Deserve Your Attention Today
Sep 01ArcelorMittal South Africa Ltd Just Beat Revenue Estimates By 11%
Jul 31Is ArcelorMittal South Africa (JSE:ACL) A Risky Investment?
Jun 14One ArcelorMittal South Africa Ltd (JSE:ACL) Analyst Just Slashed Their 2021 Revenue Estimates
Aug 11We Think ArcelorMittal South Africa's (JSE:ACL) Healthy Earnings Might Be Conservative
Aug 05New Forecasts: Here's What Analysts Think The Future Holds For ArcelorMittal South Africa Ltd (JSE:ACL)
Jul 28ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?
Apr 14Introducing ArcelorMittal South Africa (JSE:ACL), The Stock That Zoomed 145% In The Last Year
Feb 21ArcelorMittal South Africa (JSE:ACL) Has Debt But No Earnings; Should You Worry?
Dec 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -R5b |
| Mar 31 2024 | n/a | n/a | -R4b |
| Dec 31 2023 | R11m | R10m | -R4b |
| Sep 30 2023 | n/a | n/a | -R2b |
| Jun 30 2023 | n/a | n/a | -R797m |
| Mar 31 2023 | n/a | n/a | R919m |
| Dec 31 2022 | R9m | R9m | R3b |
| Sep 30 2022 | n/a | n/a | R5b |
| Jun 30 2022 | n/a | n/a | R7b |
| Mar 31 2022 | n/a | n/a | R7b |
| Dec 31 2021 | R9m | R8m | R7b |
| Sep 30 2021 | n/a | n/a | R5b |
| Jun 30 2021 | n/a | n/a | R3b |
| Mar 31 2021 | n/a | n/a | R306m |
| Dec 31 2020 | R9m | R7m | -R2b |
| Sep 30 2020 | n/a | n/a | -R4b |
| Jun 30 2020 | n/a | n/a | -R6b |
| Mar 31 2020 | n/a | n/a | -R5b |
| Dec 31 2019 | R11m | R8m | -R5b |
| Jun 30 2019 | n/a | n/a | R2b |
| Mar 31 2019 | n/a | n/a | R2b |
| Dec 31 2018 | R13m | R8m | R1b |
Compensation vs Market: Kobus's total compensation ($USD586.46K) is above average for companies of similar size in the ZA market ($USD372.67K).
Compensation vs Earnings: Kobus's compensation has increased whilst the company is unprofitable.
CEO
Kobus Verster (58 yo)
6.8yrs
Tenure
R10,593,200
Compensation
Mr. Hendrik Jacobus Verster, also known as Kobus, has been Vice President of ArcelorMittal since 2018. He served as Chairman at McConnell Dowell Corporation Limited. He serves as Executive Director of Arce...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.8yrs | R10.59m | no data | |
| CFO, Chief Strategy Officer & Executive Director | 1.3yrs | R3.71m | no data | |
| General Counsel & CoSEC | 9.8yrs | R3.85m | no data | |
| Chief Communication Officer | 5.3yrs | R1.45m | no data | |
| Chief Marketing Officer | less than a year | R4.13m | no data | |
| Chief Human Resources Officer | 1.4yrs | R3.46m | no data | |
| Chief Operations Officer of Long Products | 7.3yrs | R3.25m | no data | |
| Chief Operations Officer of Flat Products | 5yrs | R3.91m | no data | |
| Chief Information Officer | 2.5yrs | no data | no data | |
| Region Head of Internal Audit & SOx – Africa | no data | no data | no data | |
| Senior Manager of Technology | 2.8yrs | no data | no data | |
| Chief Executive Officer of Thabazimbi Iron Ore Mine | no data | no data | no data |
3.9yrs
Average Tenure
Experienced Management: ACL's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 6.8yrs | R10.59m | no data | |
| CFO, Chief Strategy Officer & Executive Director | less than a year | R3.71m | no data | |
| Non-Executive Director | 7yrs | R495.41k | 0.000030% ZAR 441.4 | |
| Independent Non-Executive Director | 9.2yrs | R859.67k | 0.0090% ZAR 132.0k | |
| Independent Non-Executive Chairman of the Board | 2.5yrs | R1.80m | no data | |
| Independent Non-Executive Director | 3.3yrs | R734.56k | no data | |
| Independent Non-Executive Director | 8.8yrs | R485.14k | no data | |
| Independent Non-Executive Director | 3.6yrs | no data | no data | |
| Non-Executive Director | 5.9yrs | no data | no data |
5.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: ACL's board of directors are considered experienced (5.9 years average tenure).