African Rainbow Minerals Management
Management criteria checks 3/4
African Rainbow Minerals' CEO is Velile Tobias, appointed in May 2023, has a tenure of less than a year. total yearly compensation is ZAR15.51M, comprised of 44.3% salary and 55.7% bonuses, including company stock and options. directly owns 0.055% of the company’s shares, worth ZAR20.62M. The average tenure of the management team and the board of directors is 9.8 years and 17.3 years respectively.
Key information
Velile Tobias
Chief executive officer
R15.5m
Total compensation
| CEO salary percentage | 44.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.06% |
| Management average tenure | 9.8yrs |
| Board average tenure | 17.3yrs |
Recent management updates
Recent updates
Market Might Still Lack Some Conviction On African Rainbow Minerals Limited (JSE:ARI) Even After 26% Share Price Boost
Apr 19
African Rainbow Minerals' (JSE:ARI) Soft Earnings Don't Show The Whole Picture
Mar 16African Rainbow Minerals (JSE:ARI) Is Paying Out Less In Dividends Than Last Year
Mar 15African Rainbow Minerals (JSE:ARI) Might Have The Makings Of A Multi-Bagger
Feb 06African Rainbow Minerals Limited's (JSE:ARI) Low P/E No Reason For Excitement
Dec 29African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Sep 26Here's Why African Rainbow Minerals (JSE:ARI) Can Manage Its Debt Responsibly
Sep 05Returns On Capital Are Showing Encouraging Signs At African Rainbow Minerals (JSE:ARI)
Jun 22If EPS Growth Is Important To You, African Rainbow Minerals (JSE:ARI) Presents An Opportunity
Apr 18Is African Rainbow Minerals (JSE:ARI) A Risky Investment?
Apr 04African Rainbow Minerals (JSE:ARI) Is Looking To Continue Growing Its Returns On Capital
Mar 09These 4 Measures Indicate That African Rainbow Minerals (JSE:ARI) Is Using Debt Reasonably Well
Dec 25Investors Will Want African Rainbow Minerals' (JSE:ARI) Growth In ROCE To Persist
Nov 08Analysts Just Made A Major Revision To Their African Rainbow Minerals Limited (JSE:ARI) Revenue Forecasts
Sep 15Estimating The Fair Value Of African Rainbow Minerals Limited (JSE:ARI)
Sep 07African Rainbow Minerals (JSE:ARI) Is Doing The Right Things To Multiply Its Share Price
Aug 09Should You Be Adding African Rainbow Minerals (JSE:ARI) To Your Watchlist Today?
Jul 05There's Been No Shortage Of Growth Recently For African Rainbow Minerals' (JSE:ARI) Returns On Capital
May 04African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Apr 16Do African Rainbow Minerals's (JSE:ARI) Earnings Warrant Your Attention?
Mar 27African Rainbow Minerals (JSE:ARI) Is Investing Its Capital With Increasing Efficiency
Jan 27African Rainbow Minerals (JSE:ARI) Seems To Use Debt Rather Sparingly
Dec 27We Take A Look At Why African Rainbow Minerals Limited's (JSE:ARI) CEO Has Earned Their Pay Packet
Nov 29If You Like EPS Growth Then Check Out African Rainbow Minerals (JSE:ARI) Before It's Too Late
Nov 14Why We Like The Returns At African Rainbow Minerals (JSE:ARI)
Oct 17African Rainbow Minerals (JSE:ARI) Could Easily Take On More Debt
Sep 21Here's Why I Think African Rainbow Minerals (JSE:ARI) Might Deserve Your Attention Today
Aug 12The Return Trends At African Rainbow Minerals (JSE:ARI) Look Promising
Jun 14With EPS Growth And More, African Rainbow Minerals (JSE:ARI) Is Interesting
May 13Is African Rainbow Minerals (JSE:ARI) A Risky Investment?
Apr 28African Rainbow Minerals (JSE:ARI) Could Be A Buy For Its Upcoming Dividend
Mar 20Will the Promising Trends At African Rainbow Minerals (JSE:ARI) Continue?
Mar 08How Much Is African Rainbow Minerals Limited (JSE:ARI) CEO Getting Paid?
Feb 23Could African Rainbow Minerals Limited (JSE:ARI) Have The Makings Of Another Dividend Aristocrat?
Feb 10
African Rainbow Minerals (JSE:ARI) Has Rewarded Shareholders With An Exceptional 468% Total Return On Their Investment
Jan 30Is Now The Time To Put African Rainbow Minerals (JSE:ARI) On Your Watchlist?
Jan 18Has African Rainbow Minerals Limited's (JSE:ARI) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 05Is There More To The Story Than African Rainbow Minerals's (JSE:ARI) Earnings Growth?
Dec 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | R5b |
| Sep 30 2023 | n/a | n/a | R6b |
| Jun 30 2023 | R16m | R7m | R8b |
| Mar 31 2023 | n/a | n/a | R11b |
| Dec 31 2022 | n/a | n/a | R13b |
| Sep 30 2022 | n/a | n/a | R13b |
| Jun 30 2022 | R11m | R4m | R12b |
Compensation vs Market: Velile's total compensation ($USD815.32K) is about average for companies of similar size in the ZA market ($USD961.57K).
Compensation vs Earnings: Velile's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Velile Tobias (52 yo)
less than a year
Tenure
R15,506,000
Compensation
Mr. Velile Phillip Tobias, BSc (Mining Engineering), serves as Chief Executive Officer and Executive Director of African Rainbow Minerals Limited since May 1, 2023. He was Chief Operating Officer of Africa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.9yrs | R84.30m | 0.057% ZAR 21.3m | |
| CEO & Executive Director | less than a year | R15.51m | 0.055% ZAR 20.6m | |
| Finance Director & Executive Director | 3.5yrs | R10.66m | 0.052% ZAR 19.4m | |
| Chief Executive of ARM Ferrous | 11.8yrs | R33.96m | no data | |
| CEO of ARM Platinum | no data | R29.44m | 0.16% ZAR 60.2m | |
| Chief Information Officer | no data | no data | no data | |
| Executive of Investor Relations & New Business Development | no data | no data | no data | |
| Group Executive of Compliance & Stakeholder Relations | no data | no data | no data | |
| Group Executive of Legal | 4.3yrs | no data | no data | |
| Group Executive of Human Resources | 9.8yrs | no data | no data | |
| Senior Executive Finance-Corporate & Tax | no data | no data | no data | |
| Group Company Secretary & Governance Officer | 14.8yrs | no data | no data |
9.8yrs
Average Tenure
54yo
Average Age
Experienced Management: ARI's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 20.9yrs | R84.30m | 0.057% ZAR 21.3m | |
| CEO & Executive Director | less than a year | R15.51m | 0.055% ZAR 20.6m | |
| Finance Director & Executive Director | 3.5yrs | R10.66m | 0.052% ZAR 19.4m | |
| Independent Non-Executive Director | 15.3yrs | R1.47m | no data | |
| Independent Non-Executive Director | 20.3yrs | R1.38m | no data | |
| Independent Non-Executive Director | 20.3yrs | R1.75m | 0.00069% ZAR 257.0k | |
| Independent Non-Executive Director | 13.2yrs | R2.13m | no data | |
| Independent Non-Executive Director | 6.5yrs | R1.17m | 0.14% ZAR 52.4m | |
| Independent Non-Executive Director | 20.3yrs | R710.00k | no data | |
| Lead Independent Non-Executive Director | 20.3yrs | R2.12m | no data | |
| Independent Non-Executive Director | 19.3yrs | R1.79m | no data | |
| Independent Non-Executive Director | 6.5yrs | R1.39m | no data |
17.3yrs
Average Tenure
68yo
Average Age
Experienced Board: ARI's board of directors are seasoned and experienced ( 17.3 years average tenure).